Extensis

FEBRUARY 6, 2023

According to Betterment at Work’s 2022 Financial Wellness Barometer , 68% of surveyed employees indicate financial wellness benefits are more important to them now than they were a year ago. When companies invest in employee growth, job satisfaction goes up and turnover goes down.

Planning Tools 98

Planning Tools Recruiting Software HR Software Wellness 98

Extensis

JUNE 13, 2022

million workers quit their jobs in March 2022, many of whom left their roles for the promise of a better one with higher pay, more seniority, or additional flexibility. Rehiring an ex-employee is also an effective retention and employer branding strategy. million people voluntarily left their jobs. According to the U.S. Reboarding.

Hiring Software 98

Hiring Software Recruiting Software Onboarding Software Interview Software 98

Extensis

AUGUST 8, 2022

In 2022, those enrolled in an HDHP can contribute up to $3,650 for self-only coverage and up to $7,300 for family coverage. The savings may extend to your employer clients, too, in the form of reduced insurance premiums and increased employee satisfaction (which can lead to greater retention rates).

Retention and Turnover 97

Retention and Turnover Guidelines Retirement Employee Benefits 97

Extensis

DECEMBER 27, 2022

Just like in 2020 and 2021, businesses relied on their agility to stay afloat in 2022. The COVID-19 pandemic remained a backdrop for the year’s workforce trends, with the Great Resignation sparking recruiting and retention priorities and a dispersed workforce causing companies to manage a mixture of hybrid, remote , and in-office staff.

Trends 98

Trends Hiring Software HR Planning HR Software 98

Extensis

MAY 5, 2022

Progress is slowly but surely occurring – last year nearly twice as many women joined the workforce than men, but as of January 2022, women were still short by more than 1.8 It can also be helpful to use your HR platform’s reporting functions to examine retention rates for working moms and notice any relevant patterns.

Hiring Software 98

Hiring Software HR Planning Planning Tools HR Software 98

Extensis

OCTOBER 24, 2022

Between 2020 and 2022, over one million women left the workforce, which accounted for 63% of jobs lost. In response, companies have started to introduce and/or improve women-specific benefits to coax them back into the workforce as part of their retention strategies.

Employee Benefits 87

Employee Benefits Planning Tools HR Software Recruiting Software 87

Extensis

MAY 2, 2022

Here we’ll look at the history of Mental Health Awareness Month, tips to promote mental wellness in your organization, and how partnering with a professional employer organization (PEO) can provide your business with comprehensive and cost-effective mental wellness benefits and programs. A PEO like ExtensisHR can help.

Recruiting Software 98

Recruiting Software Planning Tools HR Software HR Planning 98

Extensis

APRIL 18, 2022

In fact, according to McLean & Company’s 2022 HR Trends Report , 49% of HR professionals claim that CSR has been added to their role. It can be helpful to work with a professional employer organization (PEO) to hone your program, but if you’re developing your own policy, here are five best practices to keep in mind: 1.

Strategy 98

Strategy HR Planning Hiring Software Retention and Turnover 98

Extensis

JANUARY 17, 2023

Here, dive into the many potential benefits of 401(k) plans for SMB employers, including improved employee retention rates, more successful recruiting, and decreased tax liability. Boost employee retention. A recent study has confirmed that 401(k) plans are powerful retention tools for SMB employers.

Planning Tools 98

Planning Tools Retirement Retention and Turnover Hiring Software 98

Extensis

APRIL 25, 2022

Learning opportunities are a must, and human resources (HR) departments are noticing – 67% of HR managers planned on increasing their 2022 learning and development budgets, 85% find training beneficial for organizational growth, and 57% have boosted their learning and development budgets since the start of the pandemic. Measure and improve.

Recruiting Software 97

Recruiting Software Hiring Software Recruitment Planning Tools 97

Extensis

MAY 28, 2024

With a positive outlook on the economy and a promising financial shift for small businesses, introducing the idea of working with a PEO has never looked better. Fortunately, the report finds business leaders feeling the most optimistic they’ve been since April 2022. 57% of SMB leaders plan to increase their headcount in the next year.

AI Recruiting 52

AI Recruiting Recruiting Software Hiring Software Planning Tools 52

Extensis

SEPTEMBER 6, 2024

It can improve recruiting and retention efforts across all demographics, help potentially lower an organization’s tax liability, and increase productivity and engagement. Additionally, turnover can lead to decreased productivity for the duration of the recruiting period and a possible decline in employee morale.

Retirement 52

Retirement Retention and Turnover Recruitment Productivity 52

Extensis

APRIL 6, 2023

And while not every organization can feasibly provide these accommodations, you should consider doing so to aid in hiring and retention efforts. The risk and compliance experts at a professional employer organization (PEO) specialize in helping SMBs navigate these concerns. workers report feeling stressed daily.

Employee Benefits 52

Employee Benefits Hiring Software Harassment Planning Tools 52

Extensis

OCTOBER 24, 2022

Between 2020 and 2022, over one million women left the workforce, which accounted for 63% of jobs lost. In response, companies have started to introduce and/or improve female-specific benefits to coax women back into the workforce as part of their retention strategies.

Employee Benefits 56

Employee Benefits Planning Tools HR Software Recruiting Software 56

Extensis

MARCH 8, 2024

Including women throughout every business level is linked to increased sales, innovation, and employee engagement and retention, among others. Further, according to Pew Research , in 2022, women earned an average of 82% of what men did, a ratio similar to 2002, when women earned 80% as much as men. Happy International Women’s Day !

Hiring Software 59

Hiring Software HR Planning HR Software How To 59

Prism HR

JANUARY 23, 2023

That includes turnover , which can be a challenge for any company. companies that fall into the small and medium-sized business (SMB) category, turnover can be especially difficult for smaller organizations that feel bottom-line hits much quicker than their larger counterparts. So how do you quantify turnover? Since 48% of U.S.

Onboarding Software 52

Onboarding Software Hiring Software Staffing Software Recruiting Software 52

Genesis HR Solutions

MARCH 1, 2023

2022, Gallup) Companies with a highly engaged workforce scored 18% higher on sales. 2022, Forbes) Low employee engagement is a costly problem—a company loses $5,000 each time an employee walks out the door. 2022, Gallup) Companies with a highly engaged workforce scored 18% higher on sales. employees work remotely as of 2022.

Employee Engagement 52

Employee Engagement Data Payscale Retention and Turnover 52

Extensis

NOVEMBER 1, 2022

**Blog last updated November 1, 2022: Originally slated for a May 15 effective day, New York City has now passed its salary transparency law as of November 1, 2022. The law has taken effect as of November 1, 2022. In addition to crafting compliant job descriptions, your PEO partner will also effectively advertise the open role.

Hiring Software 98

Hiring Software Wage and Hour Training Recruiting Software Interview Software 98

Zenefits

MAY 4, 2023

Otherwise, organizations risk employee dissatisfaction, which could increase employee turnover. Others may be professional employer organizations (PEOs), with whom businesses enter into a co-employment relationship. Furthermore, your ability to offer a better benefits package may play a key role in your employee retention strategy.

Hiring Software 36

Hiring Software HR Software Planning Tools HR Planning 36

Extensis

AUGUST 8, 2023

Quick look: Some of the biggest misconceptions about employee attrition and employee turnover are that they’re the same—and that employers have little control over either. Let’s look at how the two differ, their causes, what’s involved in calculating their rates, and how partnering with a PEO can help lower turnover and increase engagement.

Hiring Software 96

Hiring Software Retention and Turnover Recruiting Software Assessment Software 96

Prism HR

JANUARY 30, 2024

PEOs in particular should think of data as a direct pipeline to the resources you and your clients need to navigate the complex world of HR and compliance, and make better business decisions in the process. Better people retention and talent acquisition is often the goal with HR data. That was a couple of years ago.

Hiring Software 105

Hiring Software HR Software Analytics Data 105

Business Management Daily

AUGUST 28, 2023

Without onboarding software, getting new hires up to speed can take a very long time, which can negatively affect your employee turnover rate. It’s because 20% of turnover occurs within the first 45 days, which is why nailing your onboarding process is a must for retaining new hires. Why is that? Predictive analytics.

HR Software 52

HR Software Onboarding Software Hiring Software Recruiting Software 52