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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

The speed at which the business landscape is evolving means employers must quickly adapt to remain competitive; gone are the days of researching emerging trends and bookmarking them for later. employees consider a potential employer’s professional development and training offerings important when accepting a new job.

HR Trends 102
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2023 Recapped: Our Top 5 HR Blogs for SMBs

Extensis

As HR professionals prepare for the new year, it’s natural for them to look back on what occurred within the industry in 2023 and take some of those lessons with them as 2024 unfolds. What is Employee Leasing and How Does It Differ from PEO?

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New Year, New HR Trends for Brokers to Know

Extensis

As a broker-friendly professional employer organization (PEO) , ExtensisHR prioritizes informing its broker partners about the latest market developments. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

HR Trends 105
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Help SMB Employers Improve Retirement Readiness

Extensis

million Americans will hit retirement age annually through 2027 , with 11,000 expected to turn 65 in 2024 alone. While some retirees will return to work , it’s important for business leaders to help their employees prepare for whatever lies ahead in their lives. Sources state that over 4.1

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HR Metrics That Matter

Extensis

through 2027. The average time to fill varies by job function , and the rate can be lowered by automating job postings, resume screenings, and initial outreach, referring to previous candidates for current requisitions, or outsourcing recruiting efforts to a professional employer organization (PEO). Offer acceptance rate.

Metrics 98
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New Year, New HR Trends for Brokers to Know

Extensis

As a broker-friendly professional employer organization (PEO) , ExtensisHR prioritizes informing its broker partners about the latest market developments. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

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What SMBs Should Know About the 2024 Overtime Rule Salary Threshold

Extensis

Any wage thresholds will be updated every three years, starting July 1, 2027. SMB employers can undertake several initiatives by the designated deadlines to avoid HR compliance issues. SMBs should also contact employees whose classifications or wages are changed due to the salary threshold increase.