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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 According to market research organization Technavio , the global HR outsourcing market will be dominated by this continent, and 56% of the market’s growth from 2022 to 2026 is slated to come from it. billion between 2021 to 2026.

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Employers Should Continue with the Work Opportunity Tax Credit Despite Hiatus

Trusaic

The only real difference between the program being in effect and being in hiatus is that State Workforce Agencies (SWAs) cannot process the WOTC certifications necessary to claim federal tax credits. Here is an example. million WOTC certifications, representing billions of dollars in federal tax credits.

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Italy’s Path Toward Shrinking Gender Pay Gap Under EU Directive

Trusaic

In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Employers that submit the equality report and meet certain gender criteria can apply for a Gender Equality Certificate. Two key aims of the certificate are to reduce the gender pay gap and promote greater participation of women in the workforce.

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Pay Equity Legislation Changes You Need to Be on Top Of

Trusaic

In addition, Illinois employers with at least 100 employees in the state will be required to apply for an Equal Pay Registration Certificate (EPRC) by March 23, 2024. Failure to follow these requirements could result in fines of up to $10,000.

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Accelerating Bold Climate Efforts With Science-Based Targets

Workday

Workday commits to reduce absolute scope 3 business travel greenhouse gas emissions by 25% by fiscal 2026 (using fiscal 2020 as our base year). Workday commits that 70% of our suppliers, by spend covering purchased goods and services and capital goods, will have science-based targets by our fiscal year 2026.

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Employee Appreciation Day 2024: 15 Ways To Celebrate Your Employees

Analytics in HR

15 Employee Appreciation Day ideas Employee Appreciation Day message examples FAQ What is Employee Appreciation Day? HR to-do’s Check out our article on the employee spotlight for inspiration and examples. Think of a fun reward to give employees, for example, a medal or a certificate. When is Employee Appreciation Day?

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Why Employee Health is Your Company’s Business

HR Daily Advisor

annually until the year 2026 [i] , supporting employee health is now every company’s business. Partner with local restaurants and organic eateries that provide healthy options and reward employees with discounts and gift certificates. With healthcare spending expected to rise on average 5.5% Source: fcafotodigital / E+ / Getty.