Extensis

MAY 17, 2023

Benefits previously paid for may soon disappear, leaving businesses wondering how they should prepare and PEO brokers strategizing ways to help them. What’s next for employer-sponsored health benefits? Much has changed in the last few years with regards to benefit compliance and competitiveness.

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

Extensis

OCTOBER 2, 2024

Stay ahead of the curve by exploring the latest retirement trends, from rising financial concerns and the growing number of employees reaching retirement age, to how younger workers are preparing for their futures. Plus, discover why partnering with a PEO can give you and your clients a competitive edge.

Retirement 89

Retirement HR Planning Planning Tools Recruiting Software 89

Extensis

DECEMBER 28, 2022

Under the Act, age-50 catch-ups will remain, and some new catch-ups will be added: 401(k) and 403(b) plans: Beginning in 2025, the catch-up contribution limit will become the greater of $10,000 or 150% of the catch-up limit for individuals between ages 60-63. While it may not be finalized until 2025, SECURE Act 2.0

Retirement 98

Retirement Employee Benefits Wellness Compliance Training 98

Extensis

MARCH 29, 2023

As a professional employer organization (PEO) broker helping small- and medium-sized business (SMB) clients plan for the future, here’s a shortlist of highlights which are important to know. requires businesses to automatically enroll employees in 401(k) plans. requires businesses to automatically enroll employees in 401(k) plans.

Planning Tools 98

Planning Tools Groups Retirement Onboarding Software 98

Extensis

SEPTEMBER 6, 2024

The opportunity for companies to match contributions to employee retirement savings accounts based on their workers’ student loan payments. Starting in 2025, businesses that offer 401(k) and 403(b) plans must automatically enroll eligible employees and provide a contribution rate of at least 3%.

Planning Tools 103

Planning Tools Retirement Hiring Software Recruiting Software 103

Extensis

APRIL 17, 2024

The desirability of this feature among small businesses isn’t surprising since 51% of IT spending among businesses is expected to switch from traditional technology to cloud-based tech in 2025. SMBs can work with our certified PEO to unlock better functionality across recruiting, benefits, risk management, compliance, and other HR operations.

HR Software 103

HR Software Recruiting Software Planning Tools System 103

Extensis

NOVEMBER 28, 2023

provisions won’t go into effect until 2025, it’s best for broker clients to prepare now. Starting in 2025, businesses who offer 401(k) and 403(b) plans must automatically enroll eligible employees and provide a contribution rate of at least 3%. Though the SECURE 2.0 Since the rollout of SECURE 2.0

Planning Tools 65

Planning Tools Retirement HR Software Recruiting Software 65

Extensis

JUNE 26, 2024

The 2024 BenefitsPRO Voluntary Benefits Survey shows a sunny forecast for the rest of the year and into 2025. 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. Contact ExtensisHR today.

Survey 59

Survey HR Software Recruiting Software Planning Tools 59

Insperity

OCTOBER 10, 2023

Act are: Starting in 2025, long-term, part-time employees – those workers with at least two years’ tenure and who have worked a minimum of 500 hours – must be able to participate in their company’s retirement plan. And, every year, that percentage automatically increases unless the employee intervenes to make changes.

Retirement 113

Retirement Bonuses and Incentives Planning Tools Talent Experience 113

Extensis

APRIL 11, 2022

Here’s what you need to know about pet insurance, including how it benefits small- and medium-sized businesses (SMBs) and how to add it to your broker toolkit. If you’re looking for the next employee benefit to add to your portfolio, pet insurance could the answer. 3 business benefits of pet insurance.

Employee Benefits 75

Employee Benefits Policies Talent Experience Exercises 75

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. As brokers take into account these changes and how it will impact their clients, a PEO partnership can help to ease the transition. Act of 2022.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Extensis

MAY 23, 2023

And by adding the competitive advantage of a PEO solution , they can uncover creative solutions to keep healthcare plans affordable and accessible. Pharmacy services continue advancement Projections from last year showed pharmacy services profit pools growing at 3% CAGR from 2021 to 2025. They want customization.

Planning Tools 52

Planning Tools HR Software Study Wage and Hour Training 52

Extensis

SEPTEMBER 6, 2024

For example, as of March 2022, New Jersey SMBs with 25 or more employees without a retirement savings plan are required to facilitate enrollment in the New Jersey Secure Choice Savings Program. PEOs help reduce administrative expenses, paperwork, and other costs that may deter a company from proceeding.

Retirement 52

Retirement Retention and Turnover Recruitment Productivity 52

Extensis

JUNE 14, 2024

The minimum salary threshold will get another increase on January 1, 2025; at this time, employees earning less than $1,128/week, or $58,656 per year, will be eligible for overtime pay. Currently, highly compensated employees (HCEs) with a total annual salary of $107,432 or higher are deemed exempt from overtime.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

JUNE 14, 2024

The minimum salary threshold will get another increase on January 1, 2025; at this time, employees earning less than $1,128/week, or $58,656 per year, will be eligible for overtime pay. Currently, highly compensated employees (HCEs) with a total annual salary of $107,432 or higher are deemed exempt from overtime.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

JANUARY 31, 2024

This gap lends an opportunity to small businesses to provide these perks and contribute to their employees’ financial security—a process that’s made easier by partnering with a professional employer organization (PEO). The holistic employee benefits boom Human resources (HR) experts are seeing a shift.

HR Planning 109

HR Planning Planning Tools HR Software Retirement 109

Prism HR

OCTOBER 1, 2024

After all, it’s tech innovation that plays a huge part in not only powering up innovation in the Orlando area, but also Professional Employer Organizations (PEOs) and their clients as well. The same holds true for PEOs—the tech keeps getting better and better. The report found several key areas that should pique PEOs’ interest.

HR Software 59

HR Software Conference Time and Attendance Data 59

Extensis

NOVEMBER 21, 2024

Quick look: In mid-November 2024, a federal court blocked the national overtime rule that raised salary thresholds for white-collar exemptions in July 2024 and was slated to increase them again on January 1, 2025. Fortunately, a professional employer organization (PEO) like ExtensisHR can help.

Wage and Hour Training 105

Wage and Hour Training Assessment Software HR Software Planning Tools 105