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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 Payroll processing businesses : Companies that partially or entirely take over payroll processing duties on behalf of other businesses. billion between 2021 to 2026. But what is causing this rapid expansion?

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4 Ways PEO Solutions Benefit Medical Practices

Extensis

From managing HR tasks to handling compliance and navigating the complexities of healthcare regulations, physicians and practitioners often find themselves overwhelmed with administrative responsibilities. million healthcare workers is expected by 2026 if current clinical job vacancies trend persist. increase in labor expenses.

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Leave Management: Your 101 Guide for 2024

Analytics in HR

The ultimate goal of a company’s leave management process is to allow for time off needs while minimizing disruption to the workforce — all while remaining in compliance with applicable laws and regulations. from 2020 to 2026, reaching a staggering USD 0.95 It allows for properly managing staffing levels and legal compliance.

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3 Hidden HR Compliance Risks Every SMB Should Know

Extensis

Here, we explore three hidden compliance issues business leaders must keep top of mind and how a PEO’s HR risk management experts can allow them to focus on flourishing, not fine print. trillion by 2026. Quick look: To succeed, small companies must grow. The potential risks extend to the employee termination process, as well.

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Brazil Salary Transparency Reporting Deadline Looms

Trusaic

Non-compliance may result in fines of up to 3% of the employer’s payroll, capped at 100 times the Brazilian minimum wage. Companies can take action now to ensure compliance and reduce pay disparities. Action plans must be submitted within 90 days of notification by the MTE. Strategies include: Carry out a pay equity analysis.

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Taxes Can Be Taxing for PEOs Without PrismHR

Prism HR

For employers, however, managing payroll taxes is a never-ending process, and compliance is paramount. Compliance is also complicated and often fluid based on shifting political objectives, legislative swings, trends and budgetary needs. Minnesota will join them in 2026.

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Sweden Releases Its Proposed Amendments of EU Pay Transparency Directive

Trusaic

In response to the EU Pay Transparency Directive, which requires employers operating in European Union member states to report on pay data, Trusaic will be evaluating the state of each country in the EU’s current gender pay gaps and the path toward compliance. Some initial steps to prepare for compliance include: Pay explainability.