Extensis

OCTOBER 19, 2022

Here, take a closer look at these challenges and how brokers can join forces with a PEO to help clients succeed. According to the data, HR service vendor use increased in nearly every category: Payroll services jumped 15% year-over-year (from 53% of respondents using the services in 2021 to 61% this year). Risk and compliance services.

HR Planning 96

HR Planning HR Software Report Staffing Software 96

Genesis HR Solutions

AUGUST 19, 2020

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. Notable PEO Statistics.

Industry 52

Industry Hiring Software HR Planning Planning Tools 52

Genesis HR Solutions

SEPTEMBER 24, 2019

Smaller companies are able to offer competitive benefits when they partner with PEOs like Genesis HR. Wondering what a PEO is? Start here: PEO: The Ultimate Guide (Everything You Need To Know). Here’s how: Because PEOs are considered large employers, we have access to health plans not offered to small businesses.

HR Planning 40

HR Planning HR Software Hiring Software Harassment 40

Prism HR

APRIL 29, 2024

For employers, however, managing payroll taxes is a never-ending process, and compliance is paramount. Compliance is also complicated and often fluid based on shifting political objectives, legislative swings, trends and budgetary needs. Conversely, the PFML statute in Oregon was silent on the PEO relationship.

Assessment Software 105

Assessment Software Planning Tools Payroll Compliance 105

Extensis

AUGUST 16, 2023

Most importantly, see how PEOs provide solutions for better mental wellness. Consequently, more financial institutions are partnering with professional employer organizations (PEOs) to achieve this goal. Discover how PEOs’ unique HR solutions are countering three primary mental health challenges finance experts are facing.

HR Software 96

HR Software Recruiting Software Planning Tools HR Planning 96

Extensis

DECEMBER 8, 2022

Having a PEO partner who oversees risk management, such as maintaining employee record accuracy, can help alleviate the added pressure of dealing with fraudulent activity and the costs which come with it. At least 17% of unemployment benefits paid between 2020 and 2021 were flagged as fraud.

Hiring Software 98

Hiring Software HR Software Planning Tools Harassment 98

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. Growing compliance concerns. Allowing a PEO to manage risk and compliance promises a simplified, comprehensive process for employers.

Planning Tools 75

Planning Tools Recruiting Software HR Software Hiring Software 75

Insperity

APRIL 29, 2021

In 2021, employer expenses for health insurance are expected to rise by 3.9 How a professional employer organization (PEO) can help with benefits costs. In a PEO relationship , the PEO typically assumes responsibility for offering benefits under PEO-sponsored plans. Bureau of Labor Statistics (BLS).

Employee Benefits 128

Employee Benefits Planning Tools How To Recruiting Software 128

Extensis

DECEMBER 1, 2022

The DOL has officially published its proposed ruling to rescind the 2021 independent contractor classification rule. The 2021 ruling is still legally in effect and makes it easier for employers to classify workers as independent contractors. Empowering SMB clients with the help of a PEO.

Hiring Software 98

Hiring Software HR Software Recruiting Software Planning Tools 98

Extensis

MARCH 9, 2023

Fortunately, business leaders are not alone in navigating this new legislation and can turn to a PEO partner for expertise, experience, and guidance. In 2021, the U.S. 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 97

Hiring Software Onboarding Software HR Software Compliance 97

Extensis

SEPTEMBER 6, 2023

Close loopholes preventing compliance with the MHPAEA Non-federal government health plans were not required to comply with the MHPAEA when first enacted. However, the newly proposed rule closes this loophole and requires compliance of over 200 additional health plans to provide mental health care protections to 90,000 consumers.

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

Extensis

MARCH 15, 2023

To prepare and keep business growth on the rise, many employers opt to engage in a professional employer organization (PEO) partnership. A PEO helps to research health plans, keep companies compliant, and communicate HR updates to employees , all while considering what’s necessary for companies to stay competitive.

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

Extensis

JULY 1, 2024

Strategically combining forces is helping companies have lasting power in a changing world, and having the right PEO partner is valuable as they prepare for their next phase of growth. Heightened regulatory scrutiny on mergers and acquisitions could slow down the deal process, necessitating thorough compliance and due diligence.

HR Software 52

HR Software Recruiting Software Payroll Compliance 52

Extensis

JANUARY 6, 2023

For example, AAA’s annual “Your Driving Costs” report found that the average cost to own and operate a new car in 2022 soared to about $10,728 annually, an 11% year-over-year jump from 2021. Let your PEO take the wheel. Ready to let a PEO manage your compliance so you can put the pedal to the metal in 2023?

Compliance 98

Compliance Payroll Compensation Examples 98

Extensis

DECEMBER 13, 2023

It’s that time of year again: 2023 is drawing to a close, and people everywhere, including benefits and PEO brokers, are pondering their key takeaways for the year. For Brokers: 3 Questions to Determine if HRO Is Right for Your Clients Sometimes PEO solutions are the answer to your clients’ challenges—but not always.

HR Planning 102

HR Planning Wage and Hour Training HR Software Planning Tools 102

Extensis

JUNE 14, 2022

The 2022 BenefitsPRO survey highlights why voluntary benefits are such a hot commodity and how brokers who work with a PEO partner can help their clients adapt accordingly and stay competitive. BenefitsPRO and Eastbridge Consulting Group recently conducted a survey showing how well brokers navigated the market in 2021.

Recruiting Software 95

Recruiting Software Planning Tools Survey Recruitment 95

Extensis

FEBRUARY 13, 2023

Here are 7 developments expected to hit the industry and how a PEO can help SMBs make the most of them. However, partnering with a professional employer organization (PEO) to gain access to large-group plan pricing may be a way for small businesses to stay competitive without breaking the bank. of hires in 2021, up from 3.9%

AI Recruiting 97

AI Recruiting Hiring Software Trends Recruiting Software 97

Extensis

JULY 19, 2022

In this case, it may be worth offloading the project to the benefits experts at a professional employer organization (PEO). Aflac’s 2021-2022 WorkForces Report found that just 59% of employees feel they fully understand health care costs, and a survey from Voya discovered that 35% of workers don’t fully understand their benefits.

HR Planning 98

HR Planning Planning Tools HR Software Comparison 98

Extensis

JUNE 22, 2022

Around this time in 2021, the national average price of gasoline was $3.08 No matter how you deduct your business-related vehicular expenses, a professional employer organization (PEO) can help. A PEO, like ExtensisHR, can help you stay on top of all compliance-related issues and confirm that your tax deductions are correct each year.

Compliance 98

Compliance Benchmarking Payroll Employment Law 98

Extensis

JANUARY 30, 2023

While this is a tough pill for many clients and employees to swallow, brokers can provide some relief by partnering with a PEO that can offer access to more affordable and highly personalized benefits plans designed to help SMBs attract and retain workers and pad employees’ budgets amidst rising inflation.

How To 98

How To Retirement Compliance Report 98

FingerCheck

MAY 14, 2024

This blog explores the key aspects of ACA compliance, how to navigate the complexities, and why external support might benefit your business. Here are employer compliance regulations you will need to comply with. Thinking about switching to a PEO? ACA compliance is critical to managing a business with 50 or more employees.

Compliance 52

Compliance Assessment Software HR Software Planning Tools 52

Extensis

DECEMBER 21, 2022

74% of employees are interested in DEI and/or affinity groups when deciding to accept a new job (a substantial increase from the 48% reported in 2021). The right professional employer organization (PEO) can help them do that. Payroll, tax, and risk and compliance experts who stay up-to-date on current regulations.

Planning Tools 98

Planning Tools HR Software HR Planning Retirement 98

Extensis

JUNE 8, 2023

Whether it’s a simple typo, a missed checked box, or a more complicated mistake, payroll errors can be costly for businesses, resulting in financial losses, compliance issues, and decreased employee morale. For example, the IRS collected nearly 7 billion in fines in 2021. Lost time: Lost time can add up quickly.

Payroll 52

Payroll Wage and Hour Training Hiring Software HR Software 52

Extensis

JULY 5, 2022

However, in 2021, there was a slow return to normalcy, though new virus variants impacted company healthcare budgets due to deferred claims. By working with a professional employer organization (PEO) , brokers can guide their clients toward cost-saving solutions in many of these areas while still remaining competitive within the workforce.

Planning Tools 98

Planning Tools Assessment Software HR Software Employee Benefits 98

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. As of August 2021, usage rates settled around 8%. billion in venture-capital funding in 2021 (up 111% year-over-year) and globally the market is projected to expand to $636 billion by 2028.

Planning Tools 88

Planning Tools Time and Attendance Employee Benefits Study 88

Extensis

JUNE 22, 2023

As they navigate evolving laws and employee expectations, they are leaning on expert guidance from PEOs to redefine workplace policies and regulations. in 2021 (from 3.9%), marking the highest percentage recorded by Quest during its 34 years of analyzing workplace drug use data. Record number of U.S. Record number of U.S.

HR Software 95

HR Software Planning Tools HR Planning Policies 95

Extensis

NOVEMBER 2, 2022

Employees paying for self-only coverage aren’t required to pay beyond 9.5% (indexed for 2021) of their household income. Fortunately, PEO brokers have the benefit of connecting with their expert network to ensure clients feel confident in their healthcare coverage decisions heading into 2023. How PEO brokers can help.

Planning Tools 97

Planning Tools Assessment Software HR Software Recruiting Software 97

Genesis HR Solutions

OCTOBER 27, 2021

They simply don’t know everything there is to know about HR compliance. In this article, we will look at the following: What is HR compliance? What makes HR compliance so difficult for small and midsize businesses? The most common compliance pitfalls small businesses face. Tips to help employers maintain compliance.

Compliance 52

Compliance HR Software Wage and Hour Training Harassment 52

Cisive

MAY 10, 2022

In our recent benchmark report, Cisive Insights: Talent Screening Trends 2021 , Cisive asked survey participants if their organization recruits internationally, and the majority (just over 75%) do. can create compliance and legal issues when it comes to taxes, payroll, background screening, and type of contract.

Background screening 122

Background screening Hiring Software Hiring Recruiting Software 122

Extensis

DECEMBER 27, 2022

Just like in 2020 and 2021, businesses relied on their agility to stay afloat in 2022. Adjusting to new compliance laws. With so many new risks on the horizon, it’s wise for businesses to consider leaning on a professional employer organization (PEO) in 2023 to help them navigate it all and avoid non-compliance.

Trends 98

Trends Hiring Software HR Planning HR Software 98

Extensis

OCTOBER 5, 2022

To support their clients, brokers who work with a professional employer organization (PEO) partner add value, resources, and expertise which present opportunities where they can remain competitive in a more cost-affordable way. Despite the percentage discrepancy, SMBs constantly seek ways to fulfill employee needs. Implement auto-enrollment.

Retirement 97

Retirement Report Planning Tools Recruiting Software 97

Extensis

OCTOBER 11, 2023

With nearly half of all breaches affecting SMBs, here’s how business leaders can develop a well-rounded cybersecurity plan—and how external resources, including a PEO, can help. In 2021, 61% of SMBs were the target of a cyberattack. A professional employer organization (PEO) can also help SMBs stay current on compliance requirements.

Planning Tools 103

Planning Tools Assessment Software Compliance Training Data 103

Extensis

MAY 18, 2022

However, working across time zones can present many challenges, whether those issues involve collaboration, culture, or compliance. Without the right strategy in place, a dispersed workforce can result in reduced collaboration, employee burnout, increased compliance risk, and more. Stay on top of taxes and compliance.

Hiring Software 98

Hiring Software Video Recruiting Recruiting Software Onboarding Software 98

Prism HR

JANUARY 22, 2024

Professional Employer Organizations (PEOs) have been asking that very question about the Employer Retention Tax Credit (ERTC). The top news story for PEOs is the ERTC. As it had been in 2023 … and 2022 … and 2021 … and 2020. Helping SMBs is what PEOs do best after all. 31 to file any new claims.

Industry 59

Industry Compliance Immedis Policies 59

Extensis

SEPTEMBER 24, 2024

In 2021 alone, turnover rates reached 35% in the real estate and rental industry. These errors cause employees to face periods of low pay, which inspired 63% of workers to quit in 2021. Assure employee loyalty with ExtensisHR’s PEO expertise Don’t get stuck appraising an “as-is” human resource strategy.

HR Planning 52

HR Planning HR Software Wage and Hour Training Retention and Turnover 52

MP Wired For HR

NOVEMBER 15, 2023

And, while domestic companies in regulated industries must adhere to local and federal rules to maintain compliance, international companies must meet compliance with multiple local and national regulations for multiple countries. But not all is doom and gloom. The Cintra Global – MP Partnership Enter MP and Cintra Global.

Payroll 78

Payroll Employee Engagement Hiring Software HR Software 78

Insperity

JANUARY 11, 2018

This requirement increases to 12 weeks of leave by 2021. Paid family leave is funded through an additional payroll tax deduction and offers 50 percent of employees’ base wages up to a certain amount in 2018, with gradual increases to 67 percent of average weekly earnings by 2021. What you can do now.

Employment Law 67

Employment Law Hiring Software Handbook Wage and Hour Training 67