Remove 2022 Remove Payroll Remove PEO
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Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report

Extensis

Quick look: Many HR challenges arose during the years since the pandemic began, and 2022 was no different. Here, take a closer look at these challenges and how brokers can join forces with a PEO to help clients succeed. In the survey, these experts answered questions regarding their role’s top priorities, stresses, and habits in 2022.

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Payroll processing businesses : Companies that partially or entirely take over payroll processing duties on behalf of other businesses. Administrative services organization (ASO): ASOs provide similar HR management services to PEOs but without establishing a co-employment relationship. And the PEO industry is booming.

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What Brokers Can Be Thankful For This Year

Extensis

Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. According to market research firm Technavio , 56% of the HR outsourcing market’s expected growth between 2022 to 2026 is slated to come from North America.

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What PwC’s Medical Cost Trend Report Tells Us About Healthcare Headed Into 2023

Extensis

medical cost trend in 2022. Testing for and treating variants of COVID-19- has continued in 2022 and will roll over to 2023. As a professional employer organization (PEO) broker, preparing clients for these fluctuations year to year is essential. PEO brokers keep SMB clients updated on what will help keep them competitive.

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

HR Brew

Companies that didn’t have the infrastructure to hire talent internationally looked to EORs, which act as a legal entity employing workers on behalf of a business, overseeing payroll, taxes, and benefits. Examples include payroll, benefits administration, and managing state-level compliance (e.g., One-stop shop.

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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. Reduce Complications Managing company payrolls can be overwhelming and time-consuming. They’ll assist you with HR tasks, including payroll administration, complying with local laws, and filing taxes.

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Deciding Between an ASO vs. PEO? Understand the Differences

Zenefits

In a recent survey, 61% of respondents said they outsourced payroll and 56% said they outsourced benefits.¹ Business owners planning to outsource some or all of their HR tasks will most likely look at both PEO and ASO options. What is a PEO? These include: Payroll services and administration. Unemployment taxes.