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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 Human resources information system (HRIS) : An HRIS is a software platform used to collect and store employee data. billion between 2021 to 2026. But what is causing this rapid expansion? Could outsourcing HR tasks help your business save time and grow?

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Iceland’s Path Toward Shrinking the Gender Pay Gap

Trusaic

Currently, Icelandic companies and institutions with an average of 25 or more employees must obtain Equal Pay Certification. Items to consider include: Providing sufficient salary range information to job candidates. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps.

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

Trusaic

Quick Action Items for Italian Employers Italian employers with 50 or more employees are required to disclose fundamental pay information about their workforce. Additionally, Italian employers should prepare for the following: Providing sufficient salary range information to job candidates. Recruitment processes.

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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. million WOTC certifications, representing billions of dollars in federal tax credits. According to the DOL, employers in 2018 obtained 2.2

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The HR Challenges Shaping the Healthcare Industry

Zenefits

Similar to other HR professional credentialing, they provide healthcare HR certification , industry-specific training and development. Validation of certifications and licensure at the onset of hiring must be meticulous. As patient information shifts to digital, issues of privacy and data protection become more urgent.

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Luxembourg’s Path Toward Shrinking the Gender Pay Gap Under EU Directive

Trusaic

Organizations will need to: Provide sufficient salary range information to job candidates. At present, there are no pay transparency requirements in Luxembourg and most employers do not disclose salary information in job listings. By 2026, EU employers with 250 or more employees must report on gender pay gaps.

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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. They will have to begin posting wage or salary ranges in job advertisements on November 1, 2023.