Extensis

NOVEMBER 2, 2023

As the workforce enters a new era where voluntary resignations are on the decline, it’s an ideal time to evaluate what’s contributing most to employee satisfaction and maximize as many opportunities as possible. Earlier this year, MetLife released a study showing how much benefit satisfaction had dropped between 2020 and 2023.

Employee Benefits 76

Employee Benefits Study Planning Tools HR Software 76

Extensis

JUNE 9, 2022

Quick look: Supplemental health plans are becoming a hot commodity – 70% of businesses believe the plans help them recruit talent, and 60% of workers want their employers to offer them. PEOs enable smaller employers to offer Fortune 500-level benefit plans at rates they wouldn’t be able to achieve on their own.

Hiring Software 91

Hiring Software Planning Tools Recruiting Software Employee Benefits 91

Extensis

SEPTEMBER 6, 2023

However, prior to this proposal, brokers had already seen a shift among clients asking about expanding benefit options, though this new ruling may cause the demand to spike even further. Since 2020, mental health benefits have been a steady topic of discussion.

Planning Tools 92

Planning Tools Recruiting Software HR Software Compliance 92

Extensis

OCTOBER 24, 2022

Quick look: The economic impact of 2020 on women in the workplace guided many companies toward offering female-specific employee benefits as part of their larger diversity, equity, and inclusion (DEI) initiatives. Between 2020 and 2022, over one million women left the workforce, which accounted for 63% of jobs lost.

Employee Benefits 42

Employee Benefits Planning Tools HR Software Recruiting Software 42

Extensis

APRIL 11, 2022

Here’s what you need to know about pet insurance, including how it benefits small- and medium-sized businesses (SMBs) and how to add it to your broker toolkit. If you’re looking for the next employee benefit to add to your portfolio, pet insurance could the answer. 3 business benefits of pet insurance. While 68% of U.S.

Employee Benefits 71

Employee Benefits Policies Talent Experience Exercises 71

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. This includes evaluating employee benefits. Employees not only appreciate it; they expect it.

Planning Tools 86

Planning Tools Recruiting Software HR Software Compliance 86

Extensis

JULY 5, 2022

Rising healthcare costs mixed with unforeseen medical needs have created new budgeting considerations when it comes to employee health benefits. 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.

Planning Tools 92

Planning Tools Assessment Software HR Software Employee Benefits 92

Extensis

MAY 17, 2023

What’s next for employer-sponsored health benefits? Much has changed in the last few years with regards to benefit compliance and competitiveness. Companies across all industries are evaluating their employee benefits and how they match up to what workers value most, as well as how much it’ll cost to keep them.

Planning Tools 91

Planning Tools Recruiting Software HR Software Compliance 91

Extensis

OCTOBER 11, 2023

million jobs being added since January 2020. This includes HR and payroll administration , talent management assistance, including recruiting and retention, and training and development among employees. Benefit services Next to salary, benefits are one of the top deciding factors among job seekers or employees today.

Hiring Software 99

Hiring Software HR Software Planning Tools Recruiting Software 99

Extensis

AUGUST 8, 2022

Research from the Employee Benefit Research Institute (EBRI) found that: Lower-income, female, and Black and Hispanic account holders have lower contributions and smaller balances than higher-income, male, white, or Asian account holders. HSAs offer many advantages, but not everyone takes full advantage of their account.

Retention and Turnover 85

Retention and Turnover Guidelines Retirement Employee Benefits 85

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. Tailored benefits : The best employee benefits aren’t one-size-fits-all. Which PEO is right for you?

Planning Tools 69

Planning Tools Recruiting Software HR Software Hiring Software 69

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. of this age bracket was working. And although the number of retired U.S.

Hiring Software 91

Hiring Software Planning Tools Recruiting Software HR Planning 91

Extensis

OCTOBER 2, 2024

Employers may also look to providers to host financial education sessions on topics like budgeting, reducing debt, and investing. Partnership with a PEO Another way brokers can assist is by connecting small- and medium-sized businesses (SMBs) with a qualified professional employer organization (PEO) company.

Retirement 88

Retirement HR Planning Planning Tools Recruiting Software 88

Extensis

MAY 2, 2022

Quick Look: Mental health assistance is one of the most requested employee benefits. Employers have been tasked with finding new ways to keep their employees safe, informed, and engaged, while employees have struggled to balance work and home responsibilities during a time of great instability. Telehealth.

Planning Tools 88

Planning Tools Recruiting Software HR Software HR Planning 88

Extensis

JUNE 22, 2022

June 22, 2022 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) solution provider, proudly announces 25 years of delivering tailored, personalized, human resources. ExtensisHR Celebrates 25 Years of Simplifying Human Resources. Woodbridge, N.J. About ExtensisHR.

HR Software 52

HR Software Resources Recruiting Software Certification 52

Extensis

OCTOBER 1, 2022

One promising area brokers are shedding light on during open enrollment is voluntary benefit solutions. These offer SMBs a way to maintain wellness in the workplace as they manage expectations regarding healthcare benefits. Where employers often go wrong is by applying a universal solution to personalized conditions.

Report 80

Report Trends Planning Tools Wellness 80

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). Stress is a natural part of life, and employers should show their staff that they value their mental health. Prioritize mental wellness.

HR Software 90

HR Software Recruiting Software Compliance Training Employee Engagement 90

Extensis

MARCH 9, 2023

The surge of contractor roles has risen significantly since 2020, as many companies are hiring freelancers to fulfill their business needs. To minimize risk and uphold hiring best practices, it’s beneficial for SMBs to work with a professional employer organization (PEO) partner well-versed in all things HR.

Hiring Software 86

Hiring Software Onboarding Software HR Software Compliance 86

Extensis

DECEMBER 27, 2022

Just like in 2020 and 2021, businesses relied on their agility to stay afloat in 2022. Meanwhile, a strong employee experience hinges on several factors, like company culture, employee benefits, diversity, equity, and inclusion (DEI) initiatives, and learning and development opportunities.

Trends 94

Trends Hiring Software HR Planning HR Software 94

Extensis

OCTOBER 4, 2022

For instance, the competitive labor market is sparking employers to revisit their benefits packages and rising inflation is causing some people to alter or delay their retirement plans. Changing benefits. The employee benefits landscape has greatly evolved over the past few years.

Retirement 92

Retirement HR Planning Survey Compliance Training 92

Extensis

FEBRUARY 9, 2023

Per a recent report by the Urban Institute, between September 2019 and September 2020, 10.6% According to Stanford University, increased racial diversity among medical professionals has the potential to lower cardiovascular mortality among Black men by 19%. of whites and 4.5% of Hispanics.

Wellness 96

Wellness Assessment Software HR Software Planning Tools 96

Extensis

APRIL 19, 2023

On December 29, 2022, the Consolidated Appropriations Act (CAA 23) was enacted with several new measures regarding employee benefits and retirement plans in place. Provisions were largely implemented in favor of employees and to keep employers accountable. Act of 2022.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Extensis

MAY 17, 2022

Here’s everything brokers need to know about telemedicine, and why to work with a professional employer organization (PEO) to offer it to clients. There’s no better way to take advantage of these benefits and modernize your service offering than to partner with a PEO like ExtensisHR.

Planning Tools 65

Planning Tools Time and Attendance Employee Benefits Study 65

Extensis

FEBRUARY 13, 2023

An unequal healthcare experience Before exploring how brokers can help clients advocate for Black employees, it’s crucial to address the racial bias and inequalities in the healthcare system today.

Background screening 88

Background screening Company Retirement Planning Tools 88

Extensis

AUGUST 16, 2023

The growing recognition of workplace stressors’ effect on finance professionals is inspiring employers to invest in bettering their team’s mental wellness. Consequently, more financial institutions are partnering with professional employer organizations (PEOs) to achieve this goal.

HR Software 80

HR Software Recruiting Software Planning Tools HR Planning 80

Extensis

JUNE 17, 2022

Before families and employers can experience the benefits that paternity leave can offer, men must first feel welcome to take it – and there is much progress to be made. According to a 2020 study from McKinsey, 20% of men said they feared a career setback if they took leave. Offer flexibility.

HR Planning 88

HR Planning Talent Experience Policies Study 88

HR Daily Advisor

OCTOBER 25, 2018

Under the proposed rule, the multiple employer plans (MEPs) could be offered by associations of employers in a city, county, state, a multistate metropolitan area, or a particular industry nationwide, according to the DOL announcement. Risks, Benefits.

Retirement 59

Retirement Employment Law Employee Benefits Groups 59

Abel HR

JANUARY 16, 2020

But, alas, 2020 has rolled around and suddenly folks are talking about the concept of co-employment. Below, we outline what it is, how it can benefit your business, and what you’ll want to consider before you enter into this type of relationship. How do I benefit? What is it?

HR Function 52

HR Function Payroll Course Hiring 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. times their regular pay rate for every hour worked after 40 hours in a workweek.

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. times their regular pay rate for every hour worked after 40 hours in a workweek.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

APRIL 14, 2023

Additionally, managing employee engagement and overall company morale was also listed as a high business priority headed into 2023. 80% of HR professionals are focused on inflation Business leaders are concerned about how the economy will affect their companies.

Recruiting Software 69

Recruiting Software HR Software Planning Tools Interview Software 69

Extensis

JUNE 14, 2023

Exploring the rise of family-forming benefits Employer health plans often include the addition of spouses and families, but fertility benefits are newer to the scene. In 2016, only 2% of organizations covered egg freezing services , a statistic which jumped to 6% in 2018. However, as of 2020, 27% of U.S.

Recruiting Software 71

Recruiting Software Talent Experience Recruitment Planning Tools 71

Extensis

JANUARY 17, 2023

These temporary policies stated that: Employers could allow participants to roll over unused amounts. The permissible period for incurring claims for plan years ending in 2020 and 2021 was extended. Brokers should also reiterate to clients that certain FSA flexibilities offered during the COVID-19 pandemic have ended.

Policies 73

Policies Productivity Strategy Trends 73

Extensis

APRIL 25, 2023

Quick look: For the past several months, the modernization of benefits has been widely discussed and largely appreciated. This makes it surprising to learn that a new report details employee benefits satisfaction has dropped to a decade low. in early 2020 to 8.3

Planning Tools 52

Planning Tools HR Software Recruiting Software HR Planning 52

Extensis

APRIL 14, 2022

What can employers do? The last several years have placed an unprecedented amount of stress on workers – but there are many things SMB employers can do to help. Bring the right benefits to the table. Employee benefits matter – especially to millennial managers. From 2015 to 2020 , the number of U.S.

Hiring Software 53

Hiring Software HR Planning Planning Tools HR Software 53

Extensis

APRIL 27, 2022

For example, as of March 2022, New Jersey SMBs with 25 or more employees without a retirement savings plan are required to facilitate enrollment in the New Jersey Secure Choice Savings Program. Another benefit of SMBs offering a 401k plan is a lower tax liability.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52

Extensis

NOVEMBER 1, 2022

While the gender pay gap shrank slightly in 2020, the racial pay gap is wider still. Employers should also talk with managers on how to properly handle any requests that come in from employees. It’s worth noting that the federal Equal Pay Act , which bans sex-based pay discrimination, has been in effect since 1963.

Hiring Software 92

Hiring Software Wage and Hour Training Recruiting Software Interview Software 92