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

Insperity

OCTOBER 10, 2023

Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? 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

MAY 17, 2023

What’s next for employer-sponsored health benefits? Much has changed in the last few years with regards to benefit compliance and competitiveness. Companies across all industries are evaluating their employee benefits and how they match up to what workers value most, as well as how much it’ll cost to keep them.

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

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. Communication between the SMB managers and the system’s professionals can also be streamlined in case a platform issue or inquiry arises.

HR Software 103

HR Software Recruiting Software Planning Tools System 103

Extensis

OCTOBER 2, 2024

was since written into law and includes the following changes that affect retirement preparations: Companies may match contributions to employee retirement savings accounts based on their employees’ student loan payments. Part-time workers may qualify for employer retirement plans more quickly.

Retirement 89

Retirement HR Planning Planning Tools Recruiting Software 89

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 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. To accommodate the large part-time workforce, the report states that employers should lean on HR outsourcing to provide them with scheduling tools and messaging solutions.

Planning Tools 75

Planning Tools Recruiting Software HR Software Hiring Software 75

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.

Planning Tools 98

Planning Tools Groups Retirement Onboarding Software 98

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 64

Planning Tools Retirement HR Software Recruiting Software 64

Extensis

JUNE 26, 2024

Quick look: Following last year’s upswing of voluntary benefits, brokers can continue to feel encouraged about the road ahead for their businesses. The 2024 BenefitsPRO Voluntary Benefits Survey shows a sunny forecast for the rest of the year and into 2025. This allows SMB to focus fully on company growth.

Survey 59

Survey HR Software Recruiting Software Planning Tools 59

Extensis

APRIL 19, 2023

On December 29, 2022, the Consolidated Appropriations Act (CAA 23) was enacted with several new measures regarding employee benefits and retirement plans in place. Provisions were largely implemented in favor of employees and to keep employers accountable. Act of 2022.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 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

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. The opportunity for companies to match contributions to employee retirement savings accounts based on their workers’ student loan payments.

Retirement 52

Retirement Retention and Turnover Recruitment Productivity 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. Experts were on hand to discuss: HCM , the new self-service tool that Professional Employer Organizations (PEOs) have waited for.

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. 4 key considerations for employers So, what does this significant change mean for business leaders?

Wage and Hour Training 105

Wage and Hour Training Assessment Software HR Software Planning Tools 105