Insperity

JANUARY 11, 2022

Bureau of Labor Statistics (BLS) 2020 Employee Tenure Summary , the median tenure for U.S. Compensate fairly. To confirm that your company offers a competitive compensation and benefits package, continuously review your compensation strategy. Keep in mind that, per the U.S. workers is 4.1 Remember the basics.

Retention and Turnover 113

Retention and Turnover Assessment Software Background screening Compensation 113

Tandem HR

DECEMBER 6, 2022

The competitive labor market has small businesses struggling to keep up with their larger competitors as candidates demand higher compensation and better benefits offerings. Some small businesses are joining a Professional Employer Organization (or PEO) to offer more robust benefits packages. Social media recruitment.

Hiring Software 105

Hiring Software Strategy HR Software Talent Experience 105

Insperity

APRIL 9, 2020

Known more commonly as the CARES Act , the legislation was signed into law on March 27, 2020, and went into effect immediately. Please also note that any relationship with a professional employer organization (PEO) does not impact an employer’s eligibility for a loan under the Paycheck Protection Program.

Payroll 96

Payroll Compensation Assessment Software Certification 96

Extensis

OCTOBER 18, 2022

In spring 2020, 19.5% workers 65 and older is nearly 3% higher than in 2020, the share of working older adults is more than 2% higher. In spring 2020, approximately 18% of those age 65 and older, or over 220,000 people, were employed in New Jersey. Compelling compensation. of this age bracket was working. Why the return?

Hiring Software 91

Hiring Software Planning Tools Recruiting Software HR Planning 91

Extensis

AUGUST 9, 2022

However, since operations have resumed and established their new normal, it feels more secure to plan for the future, both from an employer and employee perspective. Along with healthcare and retirement employee benefits, paid leave remains a top-ranking offering among most employers. The focus was on surviving rather than saving.

Employee Benefits 81

Employee Benefits Survey Trends Video Recruiting 81

Extensis

FEBRUARY 9, 2023

Expose compensation disparities One of the first steps an employer can take to promote health and wellness for people of color is to closely evaluate compensation equity. Per a recent report by the Urban Institute, between September 2019 and September 2020, 10.6% of whites and 4.5% of Hispanics.

Wellness 96

Wellness Assessment Software HR Software Planning Tools 96

Extensis

DECEMBER 1, 2022

Many SMB employers have taken advantage of the availability of independent contractors, particularly since 2020. Regardless, the burden is placed on employers to ensure compliance and cost-effectiveness for their company. The worker is customarily engaged in an independently established trade, occupation, or business.

Hiring Software 92

Hiring Software HR Software Recruiting Software Planning Tools 92

Extensis

JULY 5, 2022

With medical procedures and regular doctor visits delayed in 2020 due to pandemic shutdowns, there was a temporary decrease in healthcare costs for employees who were fully insured. Employer contribution amount. Both job candidates and employees expect comprehensive health benefits as part of a competitive compensation package.

Planning Tools 92

Planning Tools Assessment Software HR Software Employee Benefits 92

Extensis

OCTOBER 25, 2022

Gallup reports that employee engagement is declining for the first time in more than 10 years (from 36% of employees feeling engaged in 2020 to just 32% in 2022). Professional employer organizations (PEOs) can help business leaders reach those goals without becoming burnt out themselves.

HR Software 90

HR Software Recruiting Software Compliance Training Employee Engagement 90

Extensis

MARCH 15, 2023

Thus, an end to the national public health emergency is on the horizon, leaving employers wondering: what’s next? There’s no denying things have changed since COVID-19 first arrived in March 2020. To prepare and keep business growth on the rise, many employers opt to engage in a professional employer organization (PEO) partnership.

Planning Tools 86

Planning Tools Recruiting Software HR Software Compliance 86

Extensis

APRIL 4, 2022

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. According to the National Association of Professional Employer Organizations (NAPEO) , in the U.S. Which PEO is right for you?

Planning Tools 69

Planning Tools Recruiting Software HR Software Hiring Software 69

Insperity

OCTOBER 6, 2020

In response to the national economic distress, employers have been forced to make difficult decisions about issues like: Where employees work Adapting work schedules How to maintain business operations Adjusting job roles. Often, employers’ decisions have had to be made quickly. This FFCRA was passed by the U.S. Summing it all up.

Discrimination 90

Discrimination Harassment How To HR Software 90

Extensis

JUNE 14, 2024

And these new rules take effect January 1, 2020, leaving employers with only a few months to get ready. The last threshold raise was enacted in 2020 , which granted overtime to workers earning less than $684/week, or $35,568 annually. The rule also raises the minimum total compensation requirement.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

JUNE 14, 2024

And these new rules take effect January 1, 2020, leaving employers with only a few months to get ready. The last threshold raise was enacted in 2020 , which granted overtime to workers earning less than $684/week, or $35,568 annually. The rule also raises the minimum total compensation requirement.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

APRIL 14, 2023

To better understand modern workforce demands, here’s an overview of other key findings from the report and how working with a professional employer organization (PEO) partner can help employers respond effectively. 80% of HR professionals cited labor shortages as a top concern in 2022.

Recruiting Software 69

Recruiting Software HR Software Planning Tools Interview Software 69

Extensis

NOVEMBER 2, 2023

Earlier this year, MetLife released a study showing how much benefit satisfaction had dropped between 2020 and 2023. Better benefits equal happier employees It’s no secret employees feel they should be compensated fairly for their work. In response, employers have leaned more heavily on their broker relationships for solutions.

Employee Benefits 76

Employee Benefits Study Planning Tools HR Software 76

Extensis

JUNE 14, 2023

And those wanting to become parents for the first time appreciate employers who understand the value of family-forming benefits as part of a complete compensation package. Therefore, brokers would be remiss to exclude these from the conversation regarding employer health plans for the clients. However, as of 2020, 27% of U.S.

Recruiting Software 71

Recruiting Software Talent Experience Recruitment Planning Tools 71

Extensis

JULY 13, 2023

Among the results are traditional benefits which remain top priority for employers with a few, newer ones to take note of as they grow in popularity. Retirement savings and planning are a close second SMBs are still focused on including retirement savings plans as part of their compensation packages.

Employee Benefits 68

Employee Benefits Survey Planning Tools Hiring Software 68

Extensis

MARCH 29, 2023

Research from Great Place to Work® and FTSE Russell, a global index and data provider, found that in 2020, the 100 Best Companies to Work For® outperformed the market by 16.5%, with an approximate 37% return compared to the market’s overall 21% return. A professional employer organization (PEO) can bridge the gap.

Hiring Software 88

Hiring Software Assessment Software Company HR Software 88

Extensis

APRIL 19, 2023

Brokers can help eliminate confusion and direct their clients down the right path by working with a professional employer organization (PEO). However, the new CAA guidelines extend a provision first established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Extensis

APRIL 27, 2022

In fact, many SMB leaders are incorporating retirement plans into their compensation packages for the first time. Meanwhile, certain states are now requiring employers to offer 401k plans to employees. In 2021, 96% of all signed 401k plans were new, first-time plans, an increase of 7 % from 2019.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52

Extensis

NOVEMBER 1, 2022

The law further emphasizes that w hen employers rely on salary histories to determine compensation, they perpetuate the gender wage gap. . While the gender pay gap shrank slightly in 2020, the racial pay gap is wider still. Yet nearly six decades later, pay inequities continue.

Hiring Software 92

Hiring Software Wage and Hour Training Recruiting Software Interview Software 92

ExactHire

JUNE 8, 2021

The following post is provided courtesy of Human Capital Concepts (HCC), a Certified Professional Employment Organization that partners with employers to manage employee-related responsibilities and risks. A PEO is a “Professional Employer Organization.” PEO Benefits.

Hiring Software 147

Hiring Software Payroll Retention and Turnover Background screening 147

ExactHire

JULY 14, 2021

The following post is provided courtesy of Human Capital Concepts (HCC), a Certified Professional Employment Organization that partners with employers to manage employee-related responsibilities and risks. HR Experts Can Help You Create COVID Response Plan.

Guidelines 130

Guidelines Assessment Software HR Software Planning Tools 130

Business Management Daily

AUGUST 28, 2023

That’s down 2 points from 2022 (33%) and 5 points down from 2020 (36%). Lastly, HCMs provide the longest list of features, containing all of the above plus tools for predictive analytics, talent management, workforce rewards, and compensation. Currently, in the US, there’s an ongoing employee engagement crisis.

HR Software 52

HR Software Onboarding Software Hiring Software Recruiting Software 52

Prism HR

JANUARY 24, 2020

Do a little research to check out your competitor’s job ads for comparable roles, including the compensation offered, as well as benefits and perks. The W-4 must be completed and kept on file with the employer before the employee receives his/her first paycheck. Where do I find information about state employment laws?

Video Recruiting 98

Video Recruiting Hiring Software Onboarding Software Recruiting Software 98

Prism HR

MARCH 15, 2020

Here’s a comprehensive new hire onboarding checklist to follow at key times throughout the first year of employment: A. Include a clear overview of the job role and responsibilities, statement of all compensation being offered, as well as when and how your employee will be paid, expected work hours, and full time vs. part time status.

Onboarding Software 52

Onboarding Software Hiring Software Onboarding HR Software 52

Zenefits

MARCH 4, 2020

The MEP works by allowing employers to band together as an employer association or group to jointly sponsor a single retirement savings plan for their employees. This is a mandatory change that employers must implement by January 1, 2020. This is a mandatory change that took effect on January 1, 2020.

Retirement 41

Retirement Immedis Groups Study 41