Extensis

SEPTEMBER 14, 2023

As these human resources technology trends quickly replace past tools and strategies, businesses turn to their brokers to educate, modernize, and safeguard them. However, as the workforce changes and technology advances faster than ever, companies must adapt to remain appealing to customers and top talent. The future of work.

HR Planning 98

HR Planning HR Software Hiring Software Recruiting Software 98

Extensis

APRIL 4, 2022

Quick look: According to a recent report by Avasant, the adoption of HR outsourcing grew 7% from June 2020 to June 2021 – and it’s time for brokers who don’t offer PEO services to begin doing so. Here’s what brokers need to know about the key growth drivers for HR outsourcing, and how to select the right PEO partner to boost their business.

Planning Tools 75

Planning Tools Recruiting Software HR Software Hiring Software 75

Extensis

SEPTEMBER 6, 2024

Quick look: 401(k)s are the most popular retirement plans in the U.S. Here, we explore 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 103

Planning Tools Retirement Hiring Software Recruiting Software 103

Prism HR

JUNE 24, 2024

Last month, the National Association of Professional Employer Organizations (NAPEO) held its annual PEO Capitol Summit in Washington, D.C. Aligned with the second-annual National PEO Week, the PEO Capitol Summit is a unique opportunity to hear from lawmakers and discuss issues critical to the PEO industry.

Planning Tools 59

Planning Tools AI Recruiting Video Recruiting Compliance 59

Extensis

MARCH 29, 2023

The Department of Labor (DOL) has updated rules regarding employer-sponsored healthcare and 401(k) plans starting in 2023 and continuing over the next few years. Regulatory Agenda, the DOL has made notable changes to the Employee Retirement Income Security Act of 1974 (ERISA), as well as group health plans. In 2023, SECURE 2.0

Planning Tools 98

Planning Tools Groups Retirement Onboarding Software 98

Extensis

OCTOBER 2, 2024

Quick look: It’s National Retirement Security Month, making it the perfect time for brokers to equip clients with the tools and resources needed to help their employees plan for a secure financial future. Part-time workers may qualify for employer retirement plans more quickly. workers is reaching retirement age.

Retirement 89

Retirement HR Planning Planning Tools Recruiting Software 89

Extensis

APRIL 16, 2024

To help alleviate financial stress (and subsequently, improve work productivity and employee retention), it’s beneficial for brokers to explore solutions which support financial wellness goals. In 2023, 68% of medium-sized companies and 50% of small employers plan to increase their financial wellness investments.

Study 96

Study Planning Tools Recruiting Software HR Software 96

Extensis

JUNE 6, 2024

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.

Wage and Hour Training 104

Wage and Hour Training HR Software Assessment Software Planning Tools 104

Extensis

MAY 17, 2023

Inevitably, health plan modifications are at the forefront of discussion, which presents an opportunity for brokers to meaningfully connect with their clients as they navigate these changes. Benefits previously paid for may soon disappear, leaving businesses wondering how they should prepare and PEO brokers strategizing ways to help them.

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

Extensis

JULY 13, 2023

Though the research reflects only a sampling of the most sought-after offerings, the data provides a benchmark for brokers to use when helping clients choose future benefit plans. In fact, 88% of employers include them as an important part of their plans. And this percentage will go up as updates to the SECURE Act 2.0

Employee Benefits 90

Employee Benefits Survey Planning Tools Hiring Software 90

Extensis

APRIL 20, 2022

According to retail investing platform Betterment at Work, 86% of young workers say they would stay at least five years with a company if it helped with student loans. Under the Consolidated Appropriations Act (CAA), this benefit has been extended through December 2025. How big of a role would student loan assistance play?

Employee Benefits 98

Employee Benefits HR Software Planning Tools Retirement 98

Extensis

NOVEMBER 28, 2023

Act in late 2022, sweeping changes to 401(k) plans went into effect at the beginning of this year. was introduced to help people save more for retirement by improving retirement rules and lowering the employer cost of setting up retirement plans. provisions won’t go into effect until 2025, it’s best for broker clients to prepare now.

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.

Survey 59

Survey HR Software Recruiting Software Planning Tools 59

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

Insperity

OCTOBER 10, 2023

workers who are in earlier or middle stages of their careers, their ability to contribute to a retirement savings plan has been hindered by household debt and repayment of student loan debt. employer-sponsored 401(k) plans. SIMPLE plans that qualify will have deferral limits 10% higher than the regular limits. For many U.S.

Retirement 113

Retirement Bonuses and Incentives Planning Tools Talent Experience 113

Extensis

FEBRUARY 29, 2024

Here are highlights of what changes brokers should be aware of in 2024 and how a PEO partner can help ease the transition. Keeping up with compliance is a necessary part of benefit planning. This requires detailed documentation and comparative analysis by group health plans and health insurance issuers​ to demonstrate such parity.

Compliance 52

Compliance Planning Tools 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. The exemption rate will increase again to $151,164 on January 1, 2025. times their regular pay rate for every hour worked after 40 hours in a workweek.

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. The exemption rate will increase again to $151,164 on January 1, 2025. times their regular pay rate for every hour worked after 40 hours in a workweek.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

MAY 11, 2023

Here, we dive into the top 10 HR compliance issues facing today’s SMB employers, from recent pay transparency legislation to the rules limiting non-compete agreements and how a PEO can help business leaders navigate it all. A tool like ExtensisHR’s DEI Dashboard can help them conduct internal pay audits against race and gender demographics.

Compliance 59

Compliance HR Software HR Planning Hiring Software 59

Extensis

OCTOBER 27, 2022

However, though it offers cost savings in several areas, brokers must consider how this legislation specifically applies to their clients as they determine optimal solutions to meet evolving workforce needs. Extends American Rescue Plan subsidies. Additionally, the IRA preserves ACA plan tax credits by extending them through 2025.

Planning Tools 98

Planning Tools HR Software Recruiting Software Diversity 98

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). Most businesses haven’t offered these plans yet and may have questions about the best way to do so.

HR Planning 109

HR Planning Planning Tools HR Software Retirement 109

Extensis

MARCH 11, 2024

From updated business meal expense deductions to changing Employee Retention Tax Credit legislation, here’s what small businesses need to know during tax season 2024 and how a professional employer organization (PEO) can help simplify it all. As such, there is no one-size-fits-all solution for taxes. Act tax credits SECURE Act 2.0

Hiring Software 105

Hiring Software Retirement Planning Tools Payroll 105

Extensis

JULY 11, 2024

For best results, policies shouldn’t be a “set it and forget it” approach; they need to adapt as swiftly and unexpectedly as daily lesson plans. To adhere to this update’s deadlines, which are set between July 2024 and January 2025, schools are changing multiple employee guidelines and payroll processes. Need a starting point?

Sexual Harassment 59

Sexual Harassment Policies Harassment HR Software 59

Prism HR

NOVEMBER 19, 2024

Nobody would mistake payroll taxes for a budding romance … but the benefit of a comprehensive tax solution can be a lovely thing that can lead to a long-term relationship with your clients. With a new administration coming in, it’s clear that taxes will be a key focus in 2025. This will bring the number of U.S.

HR Software 59

HR Software Planning Tools Compliance Payroll 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