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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Quick look: As 2024 comes to a close, it’s time for HR professionals to review, reflect, and fine-tune their processes to ensure compliance, enhance employee satisfaction, and streamline operations. The end of the year is a busy time for business leaders, professionally and personally.

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5 HR Benefits PEOs Offer Non-Profit Organizations

Extensis

However, like any other organization, they also face challenges in managing their HR functions. That’s where professional employer organizations (PEOs) come in handy! That’s why more non-profit organizations are finding solace by partnering with a professional employer organization (PEO).

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What Brokers Can Be Thankful for in 2024

Extensis

Thanksgiving is quickly approaching, as is the new year, making it a natural time to reflect on what has gone well this year and what may lie ahead in 2025. 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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Charter and Independent Schools Prepare for the Latest Federal Overtime Pay Rule

Extensis

The minimum salary will get another increase on January 1, 2025; at this time, overtime pay will be available to most salaried employees earning less than $1,128/week, or $58,656 per year. The exemption rate will increase again to $151,164 on January 1, 2025.

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Human Resources Technology Trends for Brokers

Extensis

The World Economic Forum predicts that by 2025, one-third of the workforce will be Gen Z, digital natives who expect to benefit from technology in all their daily activities, including work. The evolving workforce demographic Today’s labor force looks different than just a few years ago—it’s younger, more diverse, and tech-savvy.

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EBRI Study Overview: Balancing Student Loan Debt Payments with 401(k) Contributions

Extensis

Moreover, introducing a professional employer organization (PEO) partner like ExtensisHR gives broker clients the personalized attention necessary to strategize benefit plans which are most relevant to their company’s needs. This allows employers to contribute up to $5,250 in student loan repayments per employee per year.

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

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? Act, such as adapting payroll and record-keeping systems. Act for employers are tremendous in comparison.