Remove 2022 Remove PEO Remove Recruiting Software
article thumbnail

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. Key 2022 HR Technology Mergers and Acquisitions.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Because of this, many small business owners have turned to a solution that has been growing in popularity, especially over the last decade: HR outsourcing. Executive recruiting firms : Organizations that specialize in helping businesses fill executive, upper management, and other senior-level positions. billion between 2021 to 2026.

article thumbnail

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

Extensis

medical cost trend in 2022. Medical spending has ebbed and flowed during the transformation of the healthcare system over the past few years. Testing for and treating variants of COVID-19- has continued in 2022 and will roll over to 2023. PEO brokers keep SMB clients updated on what will help keep them competitive.

article thumbnail

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.

article thumbnail

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. Hence, hiring an employer of record becomes necessary. Besides being responsible for recruitment, the EoR can manage new employees. Various laws may have specific requirements for staff recruitment and compensation.

article thumbnail

L&D: The Key to Success for Today’s SMBs

Extensis

From boosting employee retention rates to safeguarding against industry disruptions, here’s how L&D can benefit today’s SMBs, and how working with a PEO can simplify the process. Additionally, some organizations leverage a PEO’s assistance with developing an L&D program. Recruit top talent.