This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tactical HR refers to routine, day-to-day administrative tasks, such as processing employee paperwork and handling payroll.) It’s important for any organization and its HR team to: Adopt key performance indicators (KPIs) , those metrics and benchmarks that help you define what success is and monitor and measure your progress.
Here’s how to design an impactful total rewards plan, and how a PEO can help time-strapped SMBs reap the benefits of a well-appointed program. Benchmarking your organization’s benefits, programs, and policies against industry standards and best practices is also helpful during the design phase. We’re here to help.
They assist with offer negotiations, ensuring that compensation packages align with industry benchmarks and meet both employer and candidate expectations. Step 5: Offer Management & Onboarding Support Once a candidate is selected, the RPO provider plays a crucial role in finalizing the hiring process.
A PEO can be used as the sole solution, or to augment internal HR staff with additional expertise and functionality. An Attractive HR Department Alternative: PEOs. For companies that don’t need an HR department, there are other options for fulfilling this function, including PEOs, HROs, ASOs, and staffing companies.
PEOs help businesses manage various aspects of their HR, recruiting, employee benefits, payroll, and risk management. Many small- to medium-sized businesses leverage a PEO’s extra resources to streamline HR processes and gain a competitive edge. Learn more about ExtensisHR’s PEO solution or contact us to get started today.
Quick look: While professional employer organizations (PEOs) are known for services like benefits and payroll, they can provide so much more. Here are four lesser-known PEO offerings, from recruiting to employee surveying, that can help businesses attract and retain talent and develop data-driven processes. Recruiting services.
To sidestep those potential pitfalls, many successful middle market businesses seek out a professional employer organization (PEO). The PEO value proposition for middle market. As one of the most expensive items on your employer costs sheet (next to payroll), the cost of health benefits is inherently difficult to manage.
With ExtensisHR’s PEO Premier®, our personalized approach to HR management saves your business time, work, and stress. ExtensisHR’s PEO Premier® is one such investment, designed to make HR easy by doing core tasks for you. Here are seven reasons why choosing PEO Premier® saves your business time, administrative work, and hassle.
You probably know that a professional employer organization (PEO) can help you with benefits and payroll. Many PEOs offer several services that can be just as, if not more, beneficial to your employees and organization. Below are five little-known PEO services to consider before you choose a company. Strategic planning.
Quick look: The growing number of professional employer organizations (PEOs) can make it difficult to select which one best fits your business’s HR needs. By using this eight-step evaluation guide, you can identify which partner truly offers the quality PEO services and support your team deserves.
Quick look: While professional employer organizations (PEOs) are known for services like benefits and payroll, they provide so much more. From recruiting to employee surveying, here are four lesser-known PEO offerings that can help businesses attract and retain talent and develop data-driven processes. million people.”
This is where a partnership with a PEO will make a significant impact. PEO stands for Professional Employer Organization, which is a fancy term for an HR outsourcing partner. While every PEO differs, they generally all provide: Payroll processing and tax compliance. Access to large group employee benefits.
Quick look: The client implementation process and onboarding phase of a professional employer organization (PEO) partnership is more than a procedural necessity—it sets the tone for the entire business relationship. Still, businesses want to know the PEO they entrust will drive more wins than costly risks.
What exactly do you get when you hire a professional employer organization (PEO) to work alongside your business? PEO services generally fall under the following categories: HR. But these general categories only scratch the surface of what employers actually receive when they enter into a co-employment relationship with a PEO.
Though technology has changed the game for HR by streamlining applications, creating greater efficiencies, and allowing people to virtually work anywhere, first-rate customer service from a professional employer organization (PEO) partner can help brokers stand out. Reach a deeper level of understanding.
Compensation, payroll, and benefits management. You might hire a dedicated HR service to fully support your company remotely, or you could use web-based HR services to handle specific aspects, like payroll and benefits. Gusto — Best for payroll support. Industry benefits benchmarking for your company’s sector and size.
In this blog, discover how professional employer organizations (PEOs) help startups conquer the recruitment process with their expert knowledge and solutions. Fortunately, startups can turn to a professional employer organization (PEO) for help. PEOs offer solutions that minimize job posting stress.
In our recent benchmark report, Cisive Insights: Talent Screening Trends 2021 , Cisive asked survey participants if their organization recruits internationally, and the majority (just over 75%) do. can create compliance and legal issues when it comes to taxes, payroll, background screening, and type of contract. Contract Types.
Garden leave clauses : A garden leave clause involves keeping employees on the payroll for a certain period after they resign, during which they are not allowed to work for the business or its competitors. Employers should conduct salary benchmarking to ensure each employee’s pay aligns with industry averages for their role.
In fact, SHRM’s new benchmark research reveals the average cost of recruitment is nearly $4,700 per hire. So, whether you’re a small- or medium-sized business (SMB) or a large corporation, here’s what to know about the costs associated with recruiting and how partnering with a professional employer organization (PEO) can help alleviate them.
The federal government and many businesses also use the standard rate as a benchmark to reimburse employees for mileage. No matter how you deduct your business-related vehicular expenses, a professional employer organization (PEO) can help. The standard rate is optional and can be used instead of manually tracking actual costs.
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. Since these benefits are common among most companies, PEO brokers can explore other types of PTO benefits to help their clients stay competitive.
As a PEO broker , you can guide businesses toward alternative options, if the traditional route of healthcare benefits no longer seems optimal. Secure a seasoned PEO solutions partner. One approach is by working with a professional employer organization (PEO) to offer cost-effective, comprehensive health insurance.
A solitary HR professional’s job description may include: Overseeing legal compliance and handling employee relations concerns Coordinating recruitment and strategizing on plans for retention Overseeing payroll and benefits Implementing and reviewing employee performance reviews Creating and enforcing company policies. When a PEO can help.
If your company lacks dedicated HR personnel or has a small HR team in need of support, a professional employer organization (PEO) can step in to enhance your employee retention strategy. That’s why employers should be proactive about not only confirming that employees are paid fairly, but also maintaining their competitiveness.
It can be helpful to work with a professional employer organization (PEO) to hone your program, but if you’re developing your own policy, here are five best practices to keep in mind: 1. They also can assist with: Payroll and tax management. When properly executed, CSR efforts benefit virtually everyone and everything. Measure success.
Nonetheless, health insurance is second to payroll when it comes to highest spend, putting employers in a tough position. Fortunately, brokers know how to navigate these types of issues and with the added support of a PEO solution, they have a unique advantage when securing customized client solutions.
January 9, 2024 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, is pleased to announce that it has successfully obtained its annual Statement on Standards for Attestation Engagements (SSAE) SOC 1 Type 2 examination.
October 8, 2024 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, proudly announces it has been named to Newsweek’s annual list of America’s Top Most Loved Workplaces®. Woodbridge, N.J.
Major hard cost savings can be linked directly to utilizing an outsourced HR provider, such as a professional employer organization (PEO). The list laid out in front of you might be longer than you realize.
February 1, 2023 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, announces today it has been awarded a Top Workplaces 2023 honor by Energage Top Workplaces. Company honored for its proven commitment to a people-first culture Woodbridge, N.J.
But audits aren’t always a bad thing—an internal audit completed by your human resources team could be exactly what you need to help your organization benchmark its performance and identify strengths and weaknesses, so you can address any critical issues in advance of being faced with an audit from the IRS or another agency.
January 9, 2024 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, is pleased to announce that it has successfully obtained its annual Statement on Standards for Attestation Engagements (SSAE) SOC 1 Type 2 examination.
June 29, 2022 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, proudly announces it has been named a 2022 Top Workplace by NJ.com. Following 25 th anniversary, company achieves top scores for professional development, inclusion, and more. Woodbridge, N.J.
Quick look: Tech startups rely on experienced and productive employees to help achieve business growth and profit benchmarks. Master every stage with a trusted PEO partner Implementing these recruitment stages doesn’t have to be challenging. Contact our team today to learn how our PEO solutions can elevate your recruitment strategy.
For example, Remote publicizes its salary calculation process, which includes a 65th percentile benchmark for all hires; an 80-120 percent multiplier to account for performance and time in a role; and geo ranges, which adjust salaries based on the countries where employees live. With two clicks, you can.
Managers kickstart this process for new hires by creating a series of employee performance objectives , which include short-term and long-term benchmarks like completing orientation week and sharing monthly product data reports. Contact our team today to learn how ExtensisHR’s PEO solution replaces onboarding apprehension with excellence.
November 28, 2023 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, is proud to announce it has earned another Great Place To Work® Certification™. Third certification continues a legacy of exceptional company culture Woodbridge, N.J.
August 9, 2022 – ExtensisHR , a nationally recognized Professional Employer Organization (PEO) and HR Outsourcing (HRO) services provider, proudly announces it has earned a Great Place to Work® Certification for the 2022-2023 year. Prestigious award is based entirely on employee feedback. Woodbridge, N.J. About Great Place to Work ®.
For example, AI algorithms used to make employment decisions may be based on historical data sets that could be biased or discriminatory—benchmarking resumes or other job requirements based on protected characteristics, such as age, race, gender or national origin. What HR tasks could be automated?
Stratus HR is the PEO (Professional Employer Organization) of choice among small to medium-sized businesses. Energage delivers the most accurate competitive benchmark available.?With In today’s market, leaders must ensure they are allowing employees to have a voice and be heard. That is paramount. ABOUT STRATUS HR .
Consider Integration and Compatibility Ensure the platform seamlessly integrates with your existing HR systems, payroll software, and other relevant tools. JustWorks Justworks is a professional employer organization (PEO) specifically tailored to cater to the needs of small and midsize businesses. Recording of blackout dates.
Benchmark Jobs to Market. Here are some additional tips: When benchmarking to market, compare the position criteria/description versus position title. While various pandemic factors led to the expected increase, it’s still important to track your organization’s turnover rates and conduct exit interviews.
PEOs in particular should think of data as a direct pipeline to the resources you and your clients need to navigate the complex world of HR and compliance, and make better business decisions in the process. And what if you could benchmark employment trends for your clients to show them how well they are doing compared with their peers?
We organize all of the trending information in your field so you don't have to. Join 318,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content