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. Click To Tweet.

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Extensis

AUGUST 9, 2022

Quick Look: Adapting to trends while also focusing on what employees really want is essential to maintaining low turnover and an engaged work environment. SHRM has recently published its 2022 Employee Benefits Survey which shows the trends worth paying attention to as employers prepare for the upcoming benefits renewal season.

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Employee Benefits Survey Trends Video Recruiting 97

Extensis

APRIL 6, 2023

Quick look: National Employee Benefits Day occurs each April and brings awareness to the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round.

Employee Benefits 52

Employee Benefits Hiring Software Harassment Planning Tools 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. As of August 2021, usage rates settled around 8%. After gaining steam during the pandemic, the data is in and it’s clear that telehealth solutions are here to stay.

Planning Tools 88

Planning Tools Time and Attendance Employee Benefits Study 88

Extensis

DECEMBER 13, 2023

Quick look: This year, continuing inflation challenges and the demand for personalized employee benefits packages made headlines. Small- and medium-sized businesses (SMBs) and employees want to make the most of their budgets as inflation challenges remain. An increasing need for clear, thorough employee benefits communication.

HR Planning 102

HR Planning Wage and Hour Training HR Software Planning Tools 102

Extensis

SEPTEMBER 6, 2023

Thus, employers are turning to brokers for guidance about how to incorporate mental health benefits in a way which will have the most positive impact without skyrocketing costs. According to a survey of over 1,000 full-time employees and 250 employee benefits leaders across the U.S.,

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Planning Tools Recruiting Software HR Software Compliance 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. Tailored benefits : The best employee benefits aren’t one-size-fits-all.

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Planning Tools Recruiting Software HR Software Hiring Software 75

Extensis

MARCH 15, 2023

This includes evaluating employee benefits. Employers must be prepared to abide by new health plan requirements as well as consider how these updates may alter their overall benefit strategy going forward. Now, the convenience and accessibility have made it an integral part of employee benefits.

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

Extensis

OCTOBER 10, 2022

Let’s explore how small- and medium-sized business (SMB) employers can promote Breast Cancer Awareness Month this October and how the right employee benefits package can support patients, survivors, and those with affected loved ones all year. Provide helpful benefits. About Breast Cancer Awareness Month.

HR Planning 98

HR Planning Employee Benefits Survey Screening 98

Extensis

AUGUST 16, 2022

Employee Benefit Trends Study 2022 takes an in-depth look at what employees want and what DEI initiatives today’s businesses are partaking in. While diversity, equity, and inclusion (DEI) initiatives are a focus for many businesses, today’s talent expects their employers to do more. MetLife’s 20th Annual U.S.

Planning Tools 97

Planning Tools Interview Software HR Planning HR Software 97

Extensis

DECEMBER 6, 2022

According to Bank of America’s 12th annual Workplace Benefits Report , approximately 40% of employees want access to an investment professional, and almost two-thirds of employers are offering this (up from 55% in 2021).

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HR Planning Retirement Planning Tools HR Software 98

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.

Employee Benefits 75

Employee Benefits Policies Talent Experience Exercises 75

Extensis

MAY 2, 2024

Here’s a look at common life insurance myths, why purchasing coverage is so essential, and how a professional employer organization (PEO) can make policies more affordable for small businesses. adults say they need (or need more) life insurance coverage, a two-point increase from 2021. 42% of U.S.

Policies 106

Policies Retirement Planning Tools Talent Acquisition 106

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. However, in 2021, there was a slow return to normalcy, though new virus variants impacted company healthcare budgets due to deferred claims.

Planning Tools 98

Planning Tools Assessment Software HR Software Employee Benefits 98

Extensis

JULY 20, 2022

For instance, supplemental health insurance for critical illness leads the pack as the fastest-growing segment of voluntary benefits, due to new needs created by the pandemic, increasing from 16% of employees taking advantage of this option in 2021 to 27% of employees in 2022.

Recruiting Software 98

Recruiting Software Recruitment Planning Tools HR Software 98

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.

Planning Tools 98

Planning Tools Recruiting Software HR Software HR Planning 98

Extensis

DECEMBER 21, 2022

Employee Benefit Trends Study 2022, “The Rise of the Whole Employee: 20 Years of Change in Employer-Employee Dynamics:”. 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). According to MetLife’s U.S.

Planning Tools 98

Planning Tools HR Software HR Planning Retirement 98

Extensis

JANUARY 17, 2023

According to the Investment Company Institute source referenced above, at the end of 2021, $11.0 Luckily, a professional employer organization (PEO), like ExtensisHR, can help. ExtensisHR’s dedicated employee benefits experts are seasoned in benefits administration and management. Who has a 401(k)?

Planning Tools 98

Planning Tools Retirement Retention and Turnover Hiring Software 98

Extensis

AUGUST 16, 2023

Consequently, more financial institutions are partnering with professional employer organizations (PEOs) to achieve this goal. In 2021, the National Alliance of Mental Illness reported 65.4% Many finance professionals work long hours in order to accomplish multiple, meticulous initiatives.

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HR Software Recruiting Software Planning Tools HR Planning 96

Extensis

MARCH 9, 2023

In 2021, the U.S. Effective as of October 13, 2022, the ruling restores the multi-factor analysis needed to determine a worker’s status and reverts back to evaluating whether the work being performed is integral to the employer’s business. This applies to new hires as well as current contractor relationships.

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Hiring Software Onboarding Software HR Software Compliance 97

Extensis

OCTOBER 5, 2022

Ways SMBs can help their employees save for the future. Despite the percentage discrepancy, SMBs constantly seek ways to fulfill employee needs. Expand retirement benefits to part-time employees. It also requires plan sponsors to extend eligibility to part-time employees with at least three years of service.

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Retirement Report Planning Tools Recruiting Software 97

Extensis

APRIL 14, 2023

Perhaps, unsurprisingly, inflation was deemed the fastest-growing HR concern in 2022, rising 13% from 2021. Additionally, managing employee engagement and overall company morale was also listed as a high business priority headed into 2023.

Recruiting Software 91

Recruiting Software HR Software Planning Tools Interview Software 91

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. Specific mid-year election changes were allowed for health FSAs and dependent care assistance programs for plan years ending in 2021.

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Policies Productivity Strategy Trends 93

Extensis

SEPTEMBER 20, 2023

Quick look: In 2021, Gallagher data showed employee engagement and retention strategies were not aligned, meaning employers had to work twice as hard to keep their top talent. In this candidate-driven climate, employees know they have options elsewhere, and the most talented ones aren’t afraid to go looking.

Employee Engagement 105

Employee Engagement Study Career Development Planning Tools 105

Extensis

SEPTEMBER 24, 2024

Real estate companies rely on dedicated employees to earn property listings and drive successful closings. In 2021 alone, turnover rates reached 35% in the real estate and rental industry. Explore this blog to discover what real estate HR strategies are elevating employee retention in the real estate sector.

HR Planning 52

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

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 98

Trends Hiring Software HR Planning HR Software 98

Extensis

JANUARY 30, 2023

This puts both clients and their workforce in a tough spot; businesses are eager to offer competitive yet affordable benefits packages to attract and retain talent, and employees seek comprehensive plans that don’t eat into their monthly budgets. These price hikes have a serious impact on employees.

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How To Retirement Compliance Report 98

Extensis

JULY 19, 2022

Some organizations may need to create or revisit their plan but are stretched thin. In this case, it may be worth offloading the project to the benefits experts at a professional employer organization (PEO). Clear up communication. Communication is the pillar of success for many things, including open enrollment.

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HR Planning Planning Tools HR Software Comparison 98

Extensis

JANUARY 10, 2023

Professional employer organization (PEO) brokers can connect their SMB clients with an HR partner who offers flexible solutions and can adapt to evolving challenges. Even after adjusting for inflation, the average drug prices for a year’s supply rose from $2,115 in 2008 to equaling over $180,000 in 2021.

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Recruiting Software Recruitment Planning Tools HR Software 95

Extensis

JUNE 13, 2022

These workers are known as boomerang employees , and while they may have left during The Great Resignation, they are now coming back to former companies in droves as part of The Great Reshuffle. What are boomerang employees? Boomerang employees are workers who voluntarily leave an organization and then choose to come back.

Hiring Software 98

Hiring Software Recruiting Software Onboarding Software Interview Software 98

Extensis

FEBRUARY 21, 2023

Here are six wellness benefits gaining momentum in the modern workforce to consider offering to employers. Between January and November 2021, Americans spent over $3 billion on home fitness equipment, and 25% of former gym members don’t plan on rejoining.

Trends 98

Trends Assessment Software Wellness Planning Tools 98

Extensis

APRIL 11, 2024

Here’s what you need to know about pet insurance, including its benefits to 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 be the answer. Pets can help.

Employee Benefits 52

Employee Benefits Policies Talent Acquisition Report 52

Extensis

NOVEMBER 9, 2022

Many small- and medium-sized businesses (SMBs) want their organizations to be inviting to veterans but may need help figuring out how to do so. As of September 2022, the veteran unemployment rate was 2.7% , down from 3.7% This is compared to a non-veteran unemployment rate of 3.4% during the same month.

Hiring Software 98

Hiring Software HR Planning Recruiting Software Assessment Software 98

Extensis

MAY 31, 2022

Working from home means employees sometimes may need to step away to run a load of laundry, wash some dishes, or attend a doctor’s appointment. This flexibility is highly valued by the digital workforce, and benefits packages should reflect that. Advise on benefit administration technology. Family-forming support program.

Hiring Software 69

Hiring Software Planning Tools Assessment Software Recruiting Software 69

Extensis

APRIL 26, 2023

Quick look: Offering High-Deductible Health Plans is a smart step for any small- and medium-sized business looking to create a competitive employee benefits plan. Here, we’ll explain what a HDHP is, the value for both the employer and employee and how a PEO can help source and administer. That’s an 83.7%

HR Planning 52

HR Planning Payroll Talent Experience Employee Benefits 52

Extensis

APRIL 27, 2022

Though planning for retirement has often been a standard benefit for most large corporations, small- and medium-sized businesses (SMBs) are also reconsidering their value when recruiting top talent. 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

Zenefits

JUNE 8, 2023

In 2021, a reported 57% of non-elderly people were covered by employer health insurance.¹ While a small business isn’t required to provide health insurance to its employees, as it grows and scales, this changes. federal law requires employee health coverage. PEO stands for professional employer organization.

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HR Planning Payroll Employee Benefits Talent Experience 36