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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Before diving into the latest HR outsourcing trends, it’s important to understand the various types of HR outsourcing companies, which include the following: Benefits consultants : Firms or individual professionals who assist companies with selecting, purchasing, and administering benefits plans. And the PEO industry is booming.

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The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

Between 2008 and 2017, the number of worksite employees employed in the PEO industry grew at a compounded annual rate of 8.3%, from about 1.8 From 2008 to 2017, the number of worksite employees employed by PEOs grew at an annual rate of 8.3%. In the 1980s and 1990s, PEOs as we know them today emerged. million to 3.7

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PeopleStrategy Partners with FinFit to Bring Financial Wellness to Small and Mid-Sized Employers

PeopleStrategy

Providing our clients with access to a comprehensive platform like FinFit’s will enable them to meet their employees’ needs for valuable financial tools and resources.” ” About FinFit Founded in 2008, FinFit has grown to be the nation’s largest holistic financial wellness benefit platform.

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Best HR Software Providers: Standard-setters in performance tracking to 401(K) management

HR Digest

Human Resources Management Systems (HRMS) these days manage a wide variety of tasks ranging from assessment to learning and strategy planning to payroll management. Gusto – Best HR software for payroll management. The cloud-based all-in-one HR platform is best known for its online payroll services. Founded 2008.

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Guardian’s 11th Annual Workplace Benefits Study: An Overview of PEO Trends

Extensis

Reports show the number of employers using PEOs has grown nearly 40% since 2008, and Guardian’s 11 th Annual Workplace Benefits Study shares insights into why. Therefore, one of the most recognized advantages of partnering with a PEO is access to premium benefits at a lower cost.

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How PEOs Improve Mental Health Offerings for Finance Professionals

Extensis

Though the Mental Health Parity and Addition Equity Act of 2008 requires most health insurance providers to offer equal coverage for mental health benefits, insurance networks can still lack the qualified professionals needed to treat specific mental illnesses. Ready to kickstart a comprehensive mental wellness strategy?

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Benefits Packages that Motivate Employees and Attract Top Talent

InfinityHR

It’s important to review their offerings periodically with employees to make sure that coverage being offered actually meets their needs. Since the 2008 financial crisis, everyone has been stressing the importance of savings, especially for retirement. Managing employee benefits with a cloud-based benefits management module.