Extensis

OCTOBER 5, 2022

Quick look: The importance of retirement savings is a crucial factor among today’s multi-generational workforce. An August 2022 Transamerica Institute report reveals employers are eager to support financial well-being in an effort to attract and retain talent. 80% of employers look at retirement benefits for attracting talent.

Retirement 97

Retirement Report Planning Tools Recruiting Software 97

Extensis

NOVEMBER 29, 2023

Quick look: A new year is right around the corner, and with it comes a new set of contribution limits for retirement accounts, health savings accounts, flexible savings accounts, and commuter benefits plans. Employers and their staff should review these new figures set by the IRS and adapt their 2024 benefits plans accordingly.

Retirement 91

Retirement Report Compliance Training Wellness 91

Extensis

DECEMBER 6, 2022

As of November 2022, the latest U.S. The research also found that: 84% of employers believe offering financial wellness tools can help reduce employee attrition, and 81% feel these tools help attract higher-quality talent. Bureau of Labor Statistics data reports a 7.7% year-over-year inflation rate. Focus on frequent communication.

HR Planning 98

HR Planning Retirement Planning Tools HR Software 98

Extensis

OCTOBER 18, 2022

That figure jumped to about 22% in August 2022, or over 11,800,000 people. And although the number of retired U.S. By spring 2022, that figure rose to about 575,000 people, or roughly 37% of the age bracket. This has led many organizations to offer enhanced benefits, higher pay, and more. In spring 2020, 19.5%

Hiring Software 98

Hiring Software Planning Tools Recruiting Software HR Planning 98

Extensis

JULY 18, 2022

The bill’s retirement investment proposals will open the door for greater savings opportunities as people plan for life in their golden years. As of June 2022, the Senate Finance Committee approved a measure referred to as the Enhancing American Retirement Now (EARN) Act. Quick Look: Ready for SECURE Act 2.0? SECURE 2.0

Retirement 98

Retirement Recruitment Compensation Compliance 98

Extensis

AUGUST 23, 2022

is troublesome, but brokers can partner with a professional employer organization (PEO) to provide clients and their employees with affordable treatment and healthcare cost management methods. Beginning in July 2022, all paid medical collection debt was removed from consumer credit reports. The details on debt.

Retirement 98

Retirement Planning Tools HR Software Report 98

Extensis

JANUARY 17, 2023

Quick look: 401(k)s are the most popular retirement plans in the U.S., 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. When people think of a retirement savings plan, many think of a 401(k).

Planning Tools 98

Planning Tools Retirement Retention and Turnover Hiring Software 98

Extensis

FEBRUARY 13, 2024

The wealth gap Black Americans face wealth disparities in addition to medical ones, including pay inequalities, having fewer retirement savings and assets , and being disproportionately affected by job loss. Retirement savings and assets The U.S. Another factor affecting Black Americans’ retirement income is Social Security benefits.

Employee Benefits 94

Employee Benefits Background screening Retirement Planning Tools 94

Extensis

SEPTEMBER 8, 2022

In its “Survey on Health and Benefit Strategies for 2023,” HR consultancy firm Mercer found that most employers are enhancing their benefits in the upcoming year to meet their workforce’s needs better. And with many on the cusp of retirement, they tend to show interest in financial planning services. 401(k) retirement plans.

Employee Benefits 97

Employee Benefits Planning Tools Retirement HR Software 97

Extensis

MAY 2, 2024

Here’s a look at common life insurance myths, why purchasing coverage is so essential, and how a professional employer organization (PEO) can make policies more affordable for small businesses. Working with a professional employer organization (PEO) can help employers offer competitively priced coverage to their staff.

Policies 105

Policies Retirement Planning Tools Talent Acquisition 105

Extensis

DECEMBER 28, 2022

Quick look: In late December 2022, the final SECURE Act 2.0 The Act includes a variety of features designed to help Americans save for retirement and assist SMBs in offering retirement savings plans to their employees. Here are the major changes employers and brokers can expect. Notably, SECURE Act 2.0 More Roth updates.

Retirement 98

Retirement Employee Benefits Wellness Training 98

Prism HR

MARCH 8, 2024

In addition, the percentage of worksite employees who believe their employer cares about their well-being has declined from 51% to 38% between 2022 and 2023. Fostering worksite employees’ well-being is crucial for productivity and retention within a workplace.

Wellness 105

Wellness Planning Tools Recruiting Software Exercises 105

Extensis

FEBRUARY 13, 2023

The wealth gap Black Americans face wealth disparities in addition to medical ones, including pay inequalities, having fewer retirement savings and assets , and being disproportionately affected by job loss. Another factor affecting Black Americans’ retirement income is Social Security benefits. Unfortunately, U.S.

Background screening 98

Background screening Company Retirement Planning Tools 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. Another interesting finding from the research is that those who received an employer contribution invested less in their HSA than those who did not collect employer contributions ($1,970 versus $2,320, respectively).

Retention and Turnover 97

Retention and Turnover Guidelines Retirement Employee Benefits 97

Extensis

FEBRUARY 23, 2023

How then is the insurance market navigating this talent shortage and where does a professional employer organization (PEO) come into play? Why it’s tough to fill broker roles At the end of 2022, statistics showed the unemployment rate among insurance carriers was at 3.5% , exceeding the national average of 3.4%.

Talent Experience 98

Talent Experience Hiring Software Recruiting Software HR Software 98

Extensis

APRIL 20, 2022

Quick look: The federal government’s moratorium on student loan repayment is expiring on August 30, 2022. As this year’s crop of graduating students leaves school and enters into the workplace, employers are reminded how many of their existing and potential employees are still repaying debt from their university years. It’s a win/win.

Employee Benefits 98

Employee Benefits HR Software Planning Tools Retirement 98

Extensis

DECEMBER 20, 2022

Business leaders may find it beneficial to lean on the experts at a professional employer organization (PEO) to keep them up to date on FMLA legalities (and more). Access to 401(k) retirement plans and 529 education savings plans. 401(k) retirement plans. Health and wellness perks. Family-forming support.

Employee Benefits 94

Employee Benefits Trends HR Planning Retirement 94

Extensis

FEBRUARY 6, 2023

Companies have long supported 401(k) retirement accounts for employees as part of a comprehensive compensation package. 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.

Planning Tools 98

Planning Tools Recruiting Software HR Software Wellness 98

Extensis

DECEMBER 14, 2023

What Are Legal Services Benefits and How Can Employers Offer Them? By now, most employers have probably heard that benefits packages should include more than just health insurance and a retirement savings plan. But have you considered how legal services benefits could improve your employees’ lives?

HR Planning 104

HR Planning HR Software Hiring Software Recruiting Software 104

Extensis

MAY 11, 2022

Here’s how brokers can help their clients achieve this by aligning them with the right professional employer organization (PEO). When it comes to what employees want, personalization is key, and 80% of employers say that meeting the needs of their workers across all life stages and backgrounds is a key objective.

Planning Tools 98

Planning Tools HR Software Recruiting Software Background screening 98

Extensis

JANUARY 30, 2023

Luckily, brokers can help by partnering with a professional employer organization (PEO) that provides clients with comprehensive benefits plans at a lower cost than if they were to purchase them on their own. Why the rise?

How To 98

How To Retirement Compliance Report 98

Extensis

NOVEMBER 28, 2023

Quick look: Retirement savings has always been a significant part of the benefit conversation. Act in late 2022, sweeping changes to 401(k) plans went into effect at the beginning of this year. However, 2024 brings a different set of changes, particularly for those not yet near retirement age. With the passing of the SECURE 2.0

Planning Tools 64

Planning Tools Retirement HR Software Recruiting Software 64

Prism HR

AUGUST 29, 2022

For Professional Employer Organizations (PEOs), it is important to adapt to these continuous changes to compete in the industry. PEO expert John Slavic , who is the CEO of PrismHR Marketplace partner Slavic401k, a company that provides business retirement saving solutions, looks at the PEO space through an economic lens.

Planning Tools 98

Planning Tools Handbook Industry Policies 98

Extensis

JULY 19, 2022

In addition to bread-and-butter benefits like health insurance and a 401(K) retirement plan, do you offer highly sought-after voluntary benefits like student loan repayment , pet insurance , and family-forming support ? Some organizations may need to create or revisit their plan but are stretched thin. Is your technology up to date?

HR Planning 98

HR Planning Planning Tools HR Software Comparison 98

Extensis

JUNE 2, 2022

According to Metlife’s 2022 Employee Benefit Trends report , health-related benefits are essential to Gen Z, including health insurance, dental insurance, and vision coverage. Some SMB employers may lack sufficient resources to contribute to such a wide swath of coverages. Be sure to cover the basics. If not, it’s time for a change.

Planning Tools 98

Planning Tools HR Software Compliance Training Employee Benefits 98

Extensis

JULY 20, 2022

For instance, supplemental health insurance for critical illness leads the pack as the fastest-growing segment of voluntary benefits, due to new needs created by the pandemic, increasing from 16% of employees taking advantage of this option in 2021 to 27% of employees in 2022. Add financial wellness to the mix.

Recruiting Software 98

Recruiting Software Recruitment Planning Tools HR Software 98

Extensis

APRIL 4, 2022

Professional employer organizations (PEOs) have been around for decades – but there has never been a better time than now for brokers to offer their services. According to the National Association of Professional Employer Organizations (NAPEO) , in the U.S. Which PEO is right for you?

Planning Tools 75

Planning Tools Recruiting Software HR Software Hiring Software 75

Extensis

SEPTEMBER 6, 2024

As people seek more quality time away from the office and more employees work remotely, they desire the security of affordable healthcare, flexible work schedules, and retirement savings. An employer-sponsored retirement plan can help workers experience less financial stress, leading to higher productivity and job satisfaction.

Retirement 52

Retirement Retention and Turnover Recruitment Productivity 52

Extensis

APRIL 19, 2023

Quick look: New legislation under the Consolidated Appropriations Act (CAA) was enacted late last year, affecting employee retirement benefit and health plan laws for 2023 and beyond. Brokers can help eliminate confusion and direct their clients down the right path by working with a professional employer organization (PEO).

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Insperity

MARCH 12, 2024

In exchange for this benefit, employees give up their right to sue their employer over their work-related injury, regardless of which party is at fault. Retirement plans Employees want to be able to save for retirement and plan for their futures. Many employers match their employees’ contributions to boost their savings.

Employee Benefits 59

Employee Benefits Retirement Planning Tools Hiring Software 59

Extensis

MAY 31, 2022

While the digital workforce may enjoy lower commuting costs, they still desire benefits that can help them build financial stability, like a student loan repayment program , a 401(K) retirement plan , and assistance navigating healthcare cost estimates, billing, and claims. 401(K) retirement plans. Cybersecurity. Identity protection.

Hiring Software 69

Hiring Software Planning Tools Assessment Software Recruiting Software 69

Extensis

APRIL 27, 2022

As people seek more quality time away from the office, and with an increasing number of employees now working remotely, the security of affordable healthcare, flexible work schedules, and retirement savings are what employees desire most. Meanwhile, certain states are now requiring employers to offer 401k plans to employees.

Planning Tools 52

Planning Tools Hiring Software Retirement Recruiting Software 52

Extensis

APRIL 25, 2023

A 2023 MetLife study , which surveyed 2,840 benefits leaders and 2,884 full-time employees, has revealed benefits satisfaction among employees has dropped to the lowest point in a decade to 61%, reduced from 64% in 2022. Here is when brokers can offer their SMB clients the expertise of a professional employer organization (PEO) solution.

Planning Tools 52

Planning Tools HR Software Recruiting Software HR Planning 52

Extensis

JULY 25, 2024

Brokers find AI helps free up time, so they can focus on providing enhanced service to their clients, part of which includes partnering with a professional employer organization (PEO) to tailor benefits toward each client’s specific needs. Brokers have already seen a rise in voluntary benefits requests over the past few years.

AI Recruiting 52

AI Recruiting Planning Tools HR Software Assessment Software 52

Extensis

APRIL 6, 2023

And as they approach retirement , they may be more interested in financial planning services. The risk and compliance experts at a professional employer organization (PEO) specialize in helping SMBs navigate these concerns. Research from the International Foundation of Employee Benefit Plans answers these questions.

Employee Benefits 52

Employee Benefits Hiring Software Harassment Planning Tools 52

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.

Recruiting Software 97

Recruiting Software Hiring Software Recruitment Planning Tools 97

Extensis

SEPTEMBER 23, 2022

Here we’ll look at five common pitfalls to avoid during this time and discuss how a professional employer organization (PEO) can simplify the process. While it’s often associated with health insurance, the open enrollment period may also apply to other benefits like retirement savings plans or life insurance.

Planning Tools 52

Planning Tools HR Software Assessment Software Meeting 52