Extensis

OCTOBER 2, 2024

Quick look: It’s National Retirement Security Month, making it the perfect time for brokers to equip clients with the tools and resources needed to help their employees plan for a secure financial future. Part-time workers may qualify for employer retirement plans more quickly. workers is reaching retirement age.

Retirement 88

Retirement HR Planning Planning Tools Recruiting Software 88

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

MAY 5, 2022

million jobs that have been lost since February 2020. So, how do working moms feel about their employers and benefits? According to recent research : 77% consider family-friendliness through benefits and support their top priority in employers. Personalized care plans. If not, is that something you can improve upon?

Hiring Software 92

Hiring Software HR Planning Planning Tools HR Software 92

Extensis

DECEMBER 29, 2022

Quick look: Some normalcy may return to the HR landscape in the new year, but there are still several issues employers must prepare for. While certain aspects of human resources (HR) are expected to normalize more in 2023, several trends will require employers to remain agile. Defining what “work” means.

HR Software 52

HR Software HR Trends HR Planning Hiring Software 52

Extensis

APRIL 18, 2022

Giving back to a worthy cause is something we should all do, and it’s something that is increasingly entering the realm of human resources (HR). In fact, according to McLean & Company’s 2022 HR Trends Report , 49% of HR professionals claim that CSR has been added to their role. of the U.S. Be flexible.

Strategy 90

Strategy HR Planning Hiring Software Retention and Turnover 90

Extensis

OCTOBER 11, 2023

Quick look: As 2023 starts to wind down, the National Association of Professional Organizations (NAPEO) provides its Q3 Small Business Snapshot which highlights the current state of employment, and helps brokers and their clients plan as they head into Q4 and beyond. million jobs being added since January 2020.

Hiring Software 99

Hiring Software HR Software Planning Tools Recruiting Software 99

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. As the world becomes increasingly digitized, so does the HR industry. Digital transformation.

Planning Tools 69

Planning Tools Recruiting Software HR Software Hiring Software 69

HR Daily Advisor

OCTOBER 25, 2018

Department of Labor (DOL) is proposing a mechanism to help small businesses offer retirement plans to their employees, but although the proposal may ease the way for some employers, it doesn’t eliminate all complications. Which Employers Will Benefit? Source: c-George / iStock / Getty. Risks, Benefits.

Retirement 59

Retirement Employment Law Employee Benefits Groups 59

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

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

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

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. Insurance plan type (HMO vs. PPO). Plan features (i.e. Employer contribution amount. The result? Offer hybrid plans.

Planning Tools 92

Planning Tools Assessment Software HR Software Employee Benefits 92

Extensis

DECEMBER 1, 2022

As small- and medium-sized businesses (SMBs) continue to move toward an independent contractor business model, it’s essential to ensure compliance as they plan for 2023 and beyond. Many SMB employers have taken advantage of the availability of independent contractors, particularly since 2020. Contact our HR team today. .

Hiring Software 92

Hiring Software HR Software Recruiting Software Planning Tools 92

Extensis

MAY 17, 2023

Inevitably, health plan modifications are at the forefront of discussion, which presents an opportunity for brokers to meaningfully connect with their clients as they navigate these changes. As of now, compliance will continue to allow telehealth services on employer-based plans through 2025.

Planning Tools 91

Planning Tools Recruiting Software HR Software Compliance 91

Extensis

AUGUST 9, 2022

Telehealth allows employees to connect with their chosen healthcare providers at dates and times convenient to their schedules without transportation, taking time off work, and limited resources serving as barriers. The average salary match by employers was a maximum of 6.8% for each type of plan, respectively.

Employee Benefits 81

Employee Benefits Survey Trends Video Recruiting 81

Extensis

DECEMBER 8, 2022

At least 17% of unemployment benefits paid between 2020 and 2021 were flagged as fraud. It’s beneficial for SMB leaders to partner with HR experts who understand the ins and outs of risk management and compliance regulations. SMB employers can also rest assured knowing ExtensisHR has a robust, modern HR technology in place.

Hiring Software 94

Hiring Software HR Software Planning Tools Harassment 94

Extensis

OCTOBER 4, 2022

In this post, review the current state of retirement, including changing benefits expectations, how surging inflation affects retirement planning, opportunities to foster a more welcoming culture to employees of all ages—and how a PEO can help SMBs conquer it all. These rising costs have also impacted retirement plans.

Retirement 92

Retirement HR Planning Survey Compliance Training 92

Extensis

APRIL 11, 2022

What’s covered by a pet insurance policy depends on the specific plan. These plans are helpful, but if a pet faces severe medical problems, expensive veterinary bills can still occur. families own a pet, only 2% have pet insurance, and the market is ripe with opportunity – at the end of 2020, 3.1 What is pet insurance used for?

Employee Benefits 71

Employee Benefits Policies Talent Experience Exercises 71

Extensis

MARCH 21, 2023

Quick look: As you discuss HR pain points with a new business prospect, their organization’s needs may not align with the services offered by a Professional Employer Organization (PEO). Luckily, there are other options for outsourcing HR services. from 2021 to 2028.

HR Planning 52

HR Planning Hiring Software HR Software Recruiting Software 52

Prism HR

AUGUST 29, 2022

Since March 2020, we have faced a global pandemic, a tumultuous political rift and an economic shutdown—and we are still trying to figure out how to make it all work. It means that, as professionals, we must be prepared for just about anything. That will cost 43% more than it would have in January 2020. Our New Normal.

Planning Tools 98

Planning Tools Handbook Industry Policies 98

Extensis

OCTOBER 1, 2022

Prior to 2020, employee focus on mental health services and support was barely a blip on the radar, especially compared to the demand for these types of services today. While some organizations have begun to view mental well-being as important as physical wellness, nearly 50% of employers are still without a mental health benefits plan.

Report 80

Report Trends Planning Tools Wellness 80

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%. Failure to act could result in serious consequences. of Hispanics.

Wellness 96

Wellness Assessment Software HR Software Planning Tools 96

Extensis

JULY 13, 2023

The 2023 SHRM Employee Benefits Survey shares the latest trends in employee benefits by capturing feedback from HR professionals and employers. Though the research reflects only a sampling of the most sought-after offerings, the data provides a benchmark for brokers to use when helping clients choose future benefit plans.

Employee Benefits 68

Employee Benefits Survey Planning Tools Hiring Software 68

Extensis

OCTOBER 24, 2022

Quick look: The economic impact of 2020 on women in the workplace guided many companies toward offering women-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 64

Employee Benefits Planning Tools HR Software Recruiting Software 64

Extensis

MARCH 29, 2023

Quick look: Organizations with a strong company culture better retain employees, increase their bottom lines, and deliver superior products and customer service. And while a healthy culture occurs organically, it takes careful planning, strategizing, and listening to achieve it. And that trend isn’t new.

Hiring Software 88

Hiring Software Assessment Software Company HR Software 88

Extensis

APRIL 14, 2023

As SMBs continually navigate these changes, they must adjust their plans accordingly to ensure they don’t get left behind. Perhaps, unsurprisingly, inflation was deemed the fastest-growing HR concern in 2022, rising 13% from 2021. 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

MAY 2, 2022

May is Mental Health Awareness Month, an opportune time for employers to promote knowledge , foster a culture of mental wellness, and to break the stigma around mental health. And while it’s up to employers to set the tone for how mental health is addressed in the workplace, the HR experts at a PEO can help. Telehealth.

Planning Tools 88

Planning Tools Recruiting Software HR Software HR Planning 88

Extensis

NOVEMBER 2, 2023

Earlier this year, MetLife released a study showing how much benefit satisfaction had dropped between 2020 and 2023. Part of the reason was due to the shift in benefit expectations post-pandemic , going beyond the traditional health and 401(k) plans. This includes offering a competitive benefit plan.

Employee Benefits 76

Employee Benefits Study Planning Tools HR Software 76

Extensis

JUNE 14, 2023

National Family Month is a reminder to look at family benefits in a new light and ensure inclusive plans are in place. 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. However, as of 2020, 27% of U.S.

Recruiting Software 71

Recruiting Software Talent Experience Recruitment Planning Tools 71

Extensis

APRIL 14, 2022

Furthermore, according to the Society for Human Resource Management (SHRM) , 18% of supervisors and managers experience symptoms of depression, and managers fall in the bottom 5% when it comes to job satisfaction. What can employers do? From 2015 to 2020 , the number of U.S. Why are millennial managers so stressed?

Hiring Software 53

Hiring Software HR Planning Planning Tools HR Software 53

Extensis

MAY 18, 2023

Here are five such stressors affecting today’s tech experts and how a professional employer organization (PEO) can help counter them by providing access to employee wellness programs, HR guidance, and other resources that promote a healthy and balanced workplace culture.

HR Software 52

HR Software HR Planning Planning Tools Recruiting Software 52

Insperity

JANUARY 11, 2022

Bureau of Labor Statistics (BLS) 2020 Employee Tenure Summary , the median tenure for U.S. For many companies, there’s no going back to pre-2020, and remote work is here to stay in some form. Discuss with employees their future at your company and how they fit into succession plans. Keep in mind that, per the U.S. workers is 4.1

Retention and Turnover 113

Retention and Turnover Assessment Software Background screening Compensation 113

Extensis

APRIL 25, 2023

Evaluate employees’ higher expectations For decades, benefits administration has generally followed the status quo with a few select options regarding health and retirement plans. in early 2020 to 8.3 Here is when brokers can offer their SMB clients the expertise of a professional employer organization (PEO) solution.

Planning Tools 52

Planning Tools HR Software Recruiting Software HR Planning 52

Extensis

MAY 16, 2022

Quick Look: In 2020, the U.S. Department of Homeland Security (DHS) relaxed some of its compliance requirements for Form I-9 Employment Eligibility Verification because of the COVID-19 pandemic. The swift onset of the COVID-19 pandemic in March 2020 changed workplaces immediately. employers must complete Form I-9 for each hire.

Compliance 52

Compliance HR Planning Policies Certification 52

Extensis

APRIL 19, 2023

Quick look: New legislation under the Consolidated Appropriations Act (CAA) was enacted late last year, affecting employee retirement benefit and health plan laws for 2023 and beyond. Provisions were largely implemented in favor of employees and to keep employers accountable.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 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