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
The HR technology market in 2024 was a story of resilience and growth amidst a rapidly changing global landscape. These trends underscore the continued evolution of HR technology as a critical enabler of business success, especially as companies focus on skills, retention, and employee well-being in a competitive labor market.
Last year one of our most popular posts on the blog was a recap of some of the 2021 M&A activities across the HR Tech landscape. We tracked more than 100 different mergers and acquisitions across the HR technology space, and some of the ones we think are interesting or particularly notable are listed below.
Quick look: Happy HumanResource Professional Day! This celebration occurs annually on September 26 and is dedicated to honoring the hardworking HR teams who work tirelessly to support, guide, and empower employees. Here are 10 reasons to show appreciation for your HR staff on HumanResource Professional Day (and year-round!):
The report expects the medical cost trend to continue gaining and eventually surpass previous years due to ongoing COVID-19 costs, increased reliance on digital and telehealth and services, and what some experts have called a worsening overall health population. Increased reliance on digital medical care. Persistence of COVID-19 costs.
To meet employees’ growing demands and help employers maximize their investment, brokers play a key role in designing benefit packages and find partnering with a PEO delivers the ideal support. As a result, a focus on benefit relevancy is as important , if not more so, than the number of benefits available.
The best employee onboarding software takes the hassle out of paperwork, streamlining the process for both new hires and HR teams to create a welcoming and efficient start. It requires carefully managing documentation while ensuring new hires feel valued and prepared. However, getting onboarding right is no easy feat.
Effective humanresources policies are probably one of the most important investments that any small business can make in its ability to continue growing! Today, we’ll be doing the same for the much broader category of humanresources consulting for small businesses. Top HR consulting firms by specialty.
For marketing leaders, HR stabilizes the foundation supporting their employees’ everyday successes and opportunities. Explore this blog to discover the humanresource trends reshaping how marketing agencies manage their workforce operations. million Americans voluntarily quitting their jobs in May 2024.
Managing a growing team presents new complexities for small businesses—especially in the HR department. But, with the right HR system , HR leaders can optimize scaling operations while supporting team member engagement and productivity. What is HR software for small businesses?
As these humanresources technology trends quickly replace past tools and strategies, businesses turn to their brokers to educate, modernize, and safeguard them. A business’ technology plan must include personalization and digitization while continuing to streamline processes and create ongoing value. The future of work.
A PEO also referred to as a professional employer organization, has continued to gain recognition mainly due to its benefits to small and medium-sized organizations within the United States. It has helped such businesses grow by offering HR services in areas where they can’t hire employees full-time. What is a PEO.
Quick look: Millions of college students graduate each year – but that doesn’t mean recruiting them is easy. The working world as we know it has changed drastically and employers are planning on hiring 26% more graduates this year compared to last. 10 tips for recruiting college graduates. New grads in the “new normal”.
However, HR risks lurking in the background can detract from important business development initiatives. Here, we explore three hidden compliance issues business leaders must keep top of mind and how a PEO’sHR risk management experts can allow them to focus on flourishing, not fine print. trillion by 2026.
Rapid advances in HR automation have enabled HR departments to streamline and speed up their ways of working, automate many tasks, and devote more time to people-centered tasks, including empowering their employees. How can your team apply HR automation and work in a more efficient and effective way? What is HR automation?
Quick look: Financial planning tops the list of Gen Z benefits as this demographic hopes to secure its future despite economic uncertainties. Fortunately, there are plenty of ways a broker-PEO partnership makes a difference for SMB clients as they figure out the most optimal financial wellness benefits. What do Gen Z employees value?
Quick look: According to a recent report by Avasant, the adoption of HR outsourcing grew 7% from June 2020 to June 2021 – and it’s time for brokers who don’t offer PEO services to begin doing so. Digital transformation. As the world becomes increasingly digitized, so does the HR industry.
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.
Here, explore the difference between these three things, four best practices for aligning your employees with these company-wide goals, and how a PEO can help. The Society of HumanResource Management (SHRM) defines them as: A mission statement concisely explains the organization’s purpose and intention.
Quick look: With voluntary resignations and quiet quitting still on the rise, retaining valuable employees has become as important as recruiting them. Creating an optimal employee experience shouldn’t end after a hire has been made. Furthermore, former employees can be assets when recommending the company to new hires or clients.
Quick Look: Customization is a buzzword infiltrating every area of the market as people seek genuine connections in a digitally enhanced world. Focus on the human element as an X factor to create sustainable success and promote client loyalty when competitors come calling. Simplify plan explanations.
From reimagined learning and development programs to addressing the burnout prevalent among HR staff and leadership, here’s what to expect in 2023, according to ExtensisHR’s SVP of People and Culture, David Pearson. It’s also important to accept that some turnover is natural, making succession planning critical.
Have you considered outsourcing your business’s HR to a professional employer organization (PEO)? Is your HR to-do list growing so fast that it’s hindering your company’s growth and performance? If any of the following 10 warning signs sound familiar, it may be time to consider hiring a PEO.
Therefore, SMB leaders must take a more holistic approach to their recruiting and retention strategies. SMBs are assessing whether or not their current HR vendors and service partners are providing a return on investment necessary for growth. The survey, comprised of over 200 U.S.
Hiring a professional employer organization (PEO) to perform your administrative and day-to-day HR tasks is a great example of this. Hiring new people is expensive. More Effective Recruiting. Although hiring is expensive and time-consuming, it’s necessary for your company to grow. Professional development.
SMB leaders also want a more hands-on, innovative approach when it comes to staying competitive, and PEO brokers can solidify their client connections by tuning into what leaders really want. Therefore, tailoring benefits outside of employee healthcare plans is becoming part of a company’s competitive edge.
Quick look: A new year brings a range of new HR and employment laws. The new year is in full swing, and just like last year , if there’s one thing that humanresources (HR) professionals can expect in 2023, it’s a slew of new employment laws.
Hiring a professional employer organization (PEO) to perform your administrative and day-to-day HR tasks is a great example of this. Hiring new people is expensive. More Effective Recruiting. Although hiring is expensive and time-consuming, it’s necessary for your company to grow. Professional development.
Providing access to more comprehensive health plans, resources, and tools is one powerful way to keep clients and employees engaged. This is effective symbolically, but in a different move, brokers can expand their offerings to include mental health coverage in its plans. For brokers, this begins and ends with benefits.
Here we’ll look at the history of Mental Health Awareness Month, tips to promote mental wellness in your organization, and how partnering with a professional employer organization (PEO) can provide your business with comprehensive and cost-effective mental wellness benefits and programs. A PEO like ExtensisHR can help.
Inevitably, health plan modifications are at the forefront of discussion, which presents an opportunity for brokers to meaningfully connect with their clients as they navigate these changes. Benefits previously paid for may soon disappear, leaving businesses wondering how they should prepare and PEO brokers strategizing ways to help them.
2019 was an exciting year for humanresources and benefits administration. What do these changes and trends mean for HR professionals and teams in 2020 and beyond? In this edition of ‘ Ask The Industry ’, we spoke with 20+ HR experts from across the nation on what their top predictions are for the upcoming year.
Our weekly recap of fundings, mergers & acquisition, partnership and other interesting news from the humanresource, recruitment and employee benefits marketplace. Australian HR Startup Flare Raises $21 Million Investment Led by New York VC. Cipio Partners exits softgarden e-recruiting. M&A Friday!
However, contractors should also verify that their HR strategies keep their employees secure, too. Discover how our compliance-first approach to HR solutions helps protect our government contracting customers from regulatory risks. Additionally, ExtensisHR is in the 1% of PEOs who have all three of the following accreditations.
But not just any benefits package will appeal to the ever-growing digital workforce, who prioritize mental wellness, flexibility, financial stability, and cybersecurity more than ever. The digital workforce: more than just a phase. Here are four rising concerns the digital workforce has, and how the right benefits can solve them.
They’re learning how to balance new workforce demands with budgetary and operational restrictions to keep retention and recruitment on the upswing. However, there’s limited time to review and select healthcare plans using this approach alone. Benefits of working with a PEO.
However, contractors should also verify that their HR strategies keep their employees secure, too. Discover how our compliance-first approach to HR solutions helps protect our government contracting customers from regulatory risks. Additionally, ExtensisHR is in the 1% of PEOs who have all three of the following accreditations.
For many businesses, the shift has led to a complete overhaul in their healthcare benefits programs, or at least a need for further evaluation, which has kept professional employer organization (PEO) brokers busy and anticipating the next moves. Renewed focus on self-care and self-funded health plans.
Here’s how brokers can help their clients achieve this by aligning them with the right professional employer organization (PEO). And in industries where salaries are comparable, a robust benefits package can give your clients a competitive edge when recruiting top talent. Tailor benefits packages. So, what does each generation want?
Quick look: Some normalcy may return to the HR landscape in the new year, but there are still several issues employers must prepare for. While certain aspects of humanresources (HR) are expected to normalize more in 2023, several trends will require employers to remain agile. Enhancing the hiring process.
Whatever the cause may be, HR challenges can be a real hindrance to your business’ growth. It’s easy to overlook key revenue-generating opportunities when you’re distracted by your HR to-dos. The good news: There’s help out there – it’s called a professional employer organization (PEO).
But you’re feeling a little stressed about getting all the HR admin done correctly. Maybe you’re even starting to feel a little nervous you’re not dotting all the i’s and crossing all the t’s regarding HR matters—but you’re unsure where to turn for help. What benefits will you experience by choosing to grow with a PEO?
Partnering with a professional employer organization, or PEO, benefits these owners, their employees, and the growth and stability of their organizations. Simply put, a PEO is a full-service humanresources outsourcing opportunity also referred to as co-employment. Here’s how. Here’s how.
Employees are more active on digital channels than ever before, which can be beneficial and challenging when it comes to employee benefits communications. This presents an opportunity for clients to share information, tools, and resources to enable their employees to make sensible benefit decisions, especially during open enrollment.
Third-party breaches Nearly two-thirds of business leaders plan to hire more freelancers within the next few years. Since many small employers don’t have in-house IT teams, they often turn to external providers to create these plans and provide appropriate training and resources on improving security.
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