HR Stacks Blog

AUGUST 13, 2024

In 2023 itself, the market size of SaaS-based human resources was around 307 billion USD and this trend continues to grow on a regular basis. Payroll technology advancement Human resource professionals have been forced to compensate for a dynamic workforce since there are no more limitations to hiring people from nearby regions only.

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HR Lineup

NOVEMBER 21, 2022

The good news is that you can outsource your HR functions from credible Professional Employer Organizations (PEO). With a PEO, you are guaranteed access to financial and HR expertise, including creating employee benefits plans, payroll management, and employee onboarding. Top 10 PEO Companies in 2023: 1.

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Hiring Software HR Software Onboarding Software Planning Tools 84

Extensis

JUNE 29, 2023

Though analytics show a positive trend continuing in 2023, no one is exempt from challenges facing the market today. With an up-and-down economy and significant changes affecting the workforce, brokers can further protect their clientele by partnering with a PEO. With expected GDP growth projected to slow to 2% in 2023 and 2.4%

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HR Software Onboarding Software Assessment Software Recruiting Software 93

HRExecutive

FEBRUARY 13, 2024

Payroll is an area too often taken for granted. It was one of the first HR processes to become automated, so payroll systems have been around for what seems like forever. Advertisement - However, payroll is at the very core of HR and, thus, demands attention.

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Extensis

OCTOBER 11, 2023

Quick look: As 2023 starts to wind down, the National Association of Professional Organizations (NAPEO) provides its Q3 Small Business Snapshot which highlights the current state of employment, and helps brokers and their clients plan as they head into Q4 and beyond.

Hiring Software 106

Hiring Software HR Software Planning Tools Recruiting Software 106

Extensis

DECEMBER 13, 2023

Likewise, our five most-read broker blogs in 2023 also reflected these trends. It’s that time of year again: 2023 is drawing to a close, and people everywhere, including benefits and PEO brokers, are pondering their key takeaways for the year. Our most popular broker blogs of 2023 reflect these insights.

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HR Planning Wage and Hour Training HR Software Planning Tools 102

Extensis

JANUARY 6, 2023

Here’s what SMBs need to know about the 2023 rates, which have increased since the mid-year rate hike in June 2022. The new year is here, and the standard mileage rate for 2023 is on the rise. Standard mileage rate for 2023. 2023 Standard Mileage Rates. Let your PEO take the wheel. Medical/Moving. Charitable.

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Extensis

NOVEMBER 26, 2024

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. Per SHRM’s 2023-2024 State of the Workplace report , the top two concerns for organizations in 2023 were inflation (73%) and employee mental health (66%).

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AI Recruiting Recruiting Software HR Software Planning Tools 105

Extensis

APRIL 13, 2023

Quick look: The National Association of Professional Employer Organizations (NAPEO) recently released a market research survey illustrating the substantial rise in firms partnering with PEOs. Of those surveyed, PEO visibility increased 44% since 2018. These services include payroll, benefits, tax and legal compliance, and more.

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Survey HR Software Recruiting Software Planning Tools 97

Extensis

FEBRUARY 7, 2024

Quick look: Aflac has released its 2023-2024 WorkForces Report which examines benefit trends and attitudes of thousands of employers and their employees. While increasing healthcare costs and claims remain a top concern, benefit customization through a PEO shows promise of putting SMBs on a positive trajectory.

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Extensis

FEBRUARY 13, 2023

To remain competitive, business leaders must stay on the pulse of 2023 hiring trends. Here are 7 developments expected to hit the industry and how a PEO can help SMBs make the most of them. 7 hiring trends in 2023 The last several years have seen no shortage of recruiting developments. This figure is up 41% from June 2022.

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Extensis

FEBRUARY 1, 2023

The new year is in full swing, and just like last year , if there’s one thing that human resources (HR) professionals can expect in 2023, it’s a slew of new employment laws. Statutes similar to New York City’s will be implemented in 2023 in California, Washington, and Rhode Island. Further eligibility requirements can be found here.

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Extensis

MARCH 9, 2023

Recent Forbes Advisor survey results map out how PEO brokers can future-proof benefit plans for their clients and keep them competitive amidst a fast-changing workforce. As a professional employer organization (PEO) broker, providing benefit guidance as part of a larger recruiting and retention strategy is invaluable.

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Extensis

JULY 13, 2023

Quick look: The 2023 SHRM Employee Benefits Survey highlights the shift brokers are experiencing in how clients are prioritizing employee benefits. The 2023 SHRM Employee Benefits Survey shares the latest trends in employee benefits by capturing feedback from HR professionals and employers.

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Extensis

JULY 6, 2023

Quick look: The 2023 BenefitsPRO Voluntary Survey provides a welcome bright spot for the broker industry. With many brokers reliant on voluntary products as a significant percentage of their business, it’s a good reminder to evaluate offerings and learn how a PEO can provide additional support.

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Extensis

SEPTEMBER 24, 2024

Census Bureau shows some states experiencing a decline in “business applications with planned wages” in 2024 compared to 2023. A strategic way brokers can encourage business growth is by connecting clients with a professional employer organization (PEO) to save costs, stay competitive, and keep the focus on core operational activities.

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FingerCheck

MARCH 19, 2024

The need to stay compliant with evolving regulations, provide competitive benefits and ensure smooth payroll operations not only eat up time, but cost small business owners money. 81% of SMBs not currently using a PEO report interest going forward.

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MP Wired For HR

NOVEMBER 15, 2023

How to Boost Employee Engagement and Retention for Your Domestic and International Workforce In this post, we’ll talk about how streamlining your payroll processes can help boost your employee retention rate, which can be especially problematic for international companies that employ a global workforce.

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Extensis

FEBRUARY 17, 2023

Such is the case with brokers and PEOs. With SMBs wanting to scale, while remaining agile enough to stay profitable, having the strength of a broker-PEO partnership to support them is invaluable. By offering a PEO solution, brokers give their clients the help they need, when they need it, without the risk of severing ties.

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Extensis

DECEMBER 21, 2022

2023 is almost here, and it’s time to reflect on what affected clients the most this year and how the broker community met those needs. Our third most popular broker blog in 2022 revolved around workplace trends for the year (don’t worry, we’ll be covering the 2023 trends, too). PEO Premier®, a fully managed, concierge approach to HR.

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Extensis

MARCH 15, 2023

Quick look: Three years after coming to a pandemic-driven halt, which led to unprecedented changes in the workforce, the world is in a much different place in 2023. Starting May 11, 2023, once the country is no longer considered to be in a state of emergency, changes to healthcare coverage will take effect.

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Planning Tools Recruiting Software HR Software Compliance 98

Extensis

NOVEMBER 13, 2024

Keeping pace with changes is challenging, but NAPEO research shows a partnership with a PEO can help to achieve all three. The National Association of Professional Employer Organizations (NAPEO) frequently releases research indicating the trends and growth of professional employer organizations (PEOs) across the country.

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Extensis

APRIL 16, 2024

In 2023, 68% of medium-sized companies and 50% of small employers plan to increase their financial wellness investments. Here’s how expanding benefit services through a PEO can make a difference for brokers and their clients: Employee financial wellness Benefit demands have evolved over the years.

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Extensis

MAY 1, 2023

Here’s a look at the importance of recognizing NSBW and how a professional employer organization (PEO) can help these organizations grow, build a strong and productive workforce, and foster a positive workplace culture. Because of the relationship with a PEO, businesses see countless advantages. National Small Business Week The U.S.

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Recruiting Software HR Software Hiring Software Planning Tools 52

Extensis

MAY 17, 2023

However, on May 11, 2023, the public health emergency officially ended. Benefits previously paid for may soon disappear, leaving businesses wondering how they should prepare and PEO brokers strategizing ways to help them. PEO brokers have an extra advantage by introducing valuable HR resources and expertise to their clients.

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Planning Tools Recruiting Software HR Software Compliance 98

Extensis

DECEMBER 1, 2022

As small- and medium-sized businesses (SMBs) continue to move toward an independent contractor business model, it’s essential to ensure compliance as they plan for 2023 and beyond. PEO brokers should be ready to field questions and provide creative solutions for their SMB clients who may be apprehensive about this projected update.

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Hiring Software HR Software Recruiting Software Planning Tools 98

Extensis

SEPTEMBER 20, 2023

However, 44% of small businesses don’t offer their employees coverage, allowing brokers to answer their health insurance FAQs and provide access to more affordable comprehensive plans through their PEO partners. Chances are, attracting and retaining the right talent is a top priority for many of your small business clients.

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Extensis

DECEMBER 29, 2022

From hundreds of new laws to an increased focus on learning and development, here are the top HR trends to expect in 2023, according to David Pearson, ExtensisHR’s SVP of People and Culture, and how a PEO can help brokers give clients the solutions they need. Enhancing the hiring process. Defining what “work” means.

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Extensis

DECEMBER 14, 2022

Here are our five most-read HR blogs this year, which will continue to provide much-needed insight in 2023. . Full-cycle recruiting services, included at no extra cost with our PEO solution. Full-cycle recruiting services, included at no extra cost with our PEO solution. Risk and compliance services. HR is constantly evolving.

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Extensis

MARCH 6, 2023

From retirement plan startup cost tax credits to extended deadlines for those impacted by natural disasters, here’s what to know in tax season 2023. Tax season 2023 is here. Per the IRS, organizations can deduct 100% of certain meals and beverages provided by restaurants after December 31, 2020, and before January 1, 2023.

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Hiring Software Planning Tools Payroll Retirement 52

Extensis

FEBRUARY 1, 2023

February 1, 2023 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, announces today it has been awarded a Top Workplaces 2023 honor by Energage Top Workplaces. Company honored for its proven commitment to a people-first culture Woodbridge, N.J.

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Prism HR

JUNE 16, 2023

This chart from the PwC 2023 Employee Financial Wellness Survey is telling. Financially stressed workers are nearly five times more likely to be distracted at work, according to the PwC 2023 Employee Financial Wellness Survey. Earned Wage Access is revolutionizing payroll infrastructure. That’s a win-win. So what is it?

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Insperity

OCTOBER 10, 2023

All company retirement plans started in 2023 and thereafter must have an automatic enrollment and escalation provision – also known as “ you’re in unless you’re out.” Starting in 2023, the age at which workers must take a required minimum distribution from their retirement plan is increasing from 72 to 73. In 2033, this age will be 75.

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Extensis

NOVEMBER 28, 2023

For example, in 2023, the required minimum distribution age increased from 72 to 73, giving individuals an additional year to delay taking a mandatory withdrawal from their retirement accounts. How a PEO can help keep clients compliant Changes in the law means re-evaluating compliance. Since the rollout of SECURE 2.0

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Planning Tools Retirement HR Software Recruiting Software 65

Extensis

JUNE 26, 2024

However, this steady demand calls for market differentiators to maintain competitiveness, which makes it all the more beneficial for brokers to seek the support of a PEO partner. Streamlining services and customizing benefits are competitive advantages, and with a PEO partner like ExtensisHR, brokers can confidently offer their clients both.

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Survey HR Software Recruiting Software Planning Tools 59

Extensis

DECEMBER 5, 2023

December 5, 2023 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, announces the opening of its new office in Tampa, Florida. Additional location will help better serve customers across the southeast U.S. Tampa, Fla.

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Extensis

SEPTEMBER 6, 2024

trillion in DC plans at the end of 2023. 87% agreed that “payroll deduction makes it easier for me to save.” A professional employer organization (PEO) , like ExtensisHR, can help. The IRS sets a maximum contribution limit for 401(k) accounts each year. In 2024, the limit is $23,000. Who has a 401(k)?

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