Remove 2022 Remove Payroll Remove Professional Employment Organization
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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. HR professionals today. HR professionals. In the survey, these experts answered questions regarding their role’s top priorities, stresses, and habits in 2022. Payroll management and tax administration.

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Before diving into the latest HR outsourcing trends, it’s important to understand the various types of HR outsourcing companies, which include the following: Benefits consultants : Firms or individual professionals who assist companies with selecting, purchasing, and administering benefits plans. billion between 2021 to 2026.

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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. An employer of record can update you with changing labor laws, ensuring your company remains compliant. 4. Reduce Complications Managing company payrolls can be overwhelming and time-consuming.

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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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What Brokers Can Be Thankful For This Year

Extensis

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. Per SHRM’s 2022-2023 State of the Workplace Report , human resources (HR) professionals claim that increasing mental health benefits is a priority, as is improving cost efficiency.

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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. Persistence of COVID-19 costs. Contact ExtensisHR today.

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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 A professional employer organization (PEO) offers a full suite of HR services within a co-employment partnership. These include: Payroll services and administration. The ASO vs. What is a PEO?