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

Genesis HR Solutions

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. As we look toward 2021 and beyond, PEOs, including Genesis HR Solutions , are uniquely positioned to provide opportunities and positivity to our clients. PEO History & Highlights.

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M&A Friday! This Week’s HR Deals

Advos

Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employee benefits marketplace is below. GPB Capital Acquires MatrixOneSource, Marking Entry into PEO Market. Global Insurance Leader AXA Acquires Maestro Health, an Employee Health and Benefits Company.

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So Long to Benefits Buyer’s Remorse, Hello to a Personalized PEO Solution

Extensis

Quick look: 2023 has been a big year for PEOs. According to the National Association of Professional Employer Organizations (NAPEO), awareness has risen 44% since 2018 , with a record 33% of business owners using a PEO last year. However, some SMBs end up experiencing buyer’s remorse.

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M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the human resource, recruitment and employee benefits marketplace. GPB Capital Acquires Surge Resources, Extending PEO Footprint into New England. This week’s fundings: $100M+. Sponsored Content. Buy 1 Pass Get 1 Free).

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NAPEO PEO Awareness Survey and Q1 Small Business Snapshot: What the Numbers Mean

Extensis

Quick look: The National Association of Professional Employer Organizations (NAPEO) recently released a market research survey illustrating the substantial rise in firms partnering with PEOs. Of those surveyed, PEO visibility increased 44% since 2018. These services include payroll, benefits, tax and legal compliance, and more.

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HR Professional Day 2024: 10 Reasons to Thank Your HR Team

Extensis

Later, in 2018, Governor-General Hon Steadman Alvin Ridout Fuller declared it an official holiday, pushing it into the international spotlight. PEOs help businesses manage various aspects of their HR, recruiting, employee benefits, payroll, and risk management. Could your HR team use an extra set of hands?

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The Time is Now for Brokers to Offer PEO Services

Extensis

Quick look: According to a recent report by Avasant, the adoption of HR outsourcing grew 7% from June 2020 to June 2021 – and it’s time for brokers who don’t offer PEO services to begin doing so. Here’s what brokers need to know about the key growth drivers for HR outsourcing, and how to select the right PEO partner to boost their business.