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2022 Was Another Record Year for HR Tech: See 20+ M&A Activities that Shaped the Market

Lighthouse

When you juxtapose that with the fact that 2021 was the biggest year ever for the HR technology market in terms of investment, we just couldn’t go without sharing the biggest pieces of the last 12 months and highlighting a few of the notable 2022 transactions for their specific value. You can see their breakdown of 2022 activities here.

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Professional employer organizations (PEOs) : Organizations that enter into a joint-employment relationship with a business and provide comprehensive solutions for HR, payroll, risk and compliance, employee benefits, recruiting, and more. And the PEO industry is booming. billion between 2021 to 2026.

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Exclusive: Remote seeks to deepen foothold in US market with expansion

HR Brew

Remote announced a Series C fundraising round led by SoftBank Vision Fund 2 in 2022, which resulted in $300 million worth of investments at a $3 billion valuation. If a business decides to hire US employees directly rather than through an EOR or a PEO, Remote can still help with outsourcing HR-specific tasks, van der Voort said.

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Does Your Business Need An Employer Of Record?  

Hppy

A study was conducted in 2022 and found that 52% of businesses prefer to use professional services. Various laws may have specific requirements for staff recruitment and compensation. They include the following: Professional Employer Organization: A professional employer organization (PEO) is a service provider that assists companies.

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Deciding Between an ASO vs. PEO? Understand the Differences

Zenefits

Business owners planning to outsource some or all of their HR tasks will most likely look at both PEO and ASO options. The ASO vs. PEO comparison is important because either model may be the best choice, depending on the organization’s needs. What is a PEO? Workers’ compensation coverage. Unemployment taxes.

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What Is a PEO, and How Can It Benefit Your Business?

Zenefits

As any small business owner knows, there are approximately a million things that need your attention every day and a PEO can help. That’s thanks in large part to professional employer organizations or PEOs, for short. Here’s a crash course in all things PEO and how they can benefit your small (or even medium-sized!)

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NAPEO PEO Awareness Survey and Q1 Small Business Snapshot: What the Numbers Mean

Extensis

Quick look: The National Association of Professional Employer Organizations (NAPEO) recently released a market research survey illustrating the substantial rise in firms partnering with PEOs. Of those surveyed, PEO visibility increased 44% since 2018. The awareness and integration of PEO solutions has risen 44% since 2018.

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