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The HRtechnology market in 2024 was a story of resilience and growth amidst a rapidly changing global landscape. From groundbreaking mergers and acquisitions to the introduction of innovative solutions that redefine talent management, payroll, and employee experience, 2024 has proven to be a year of transformation.
A Professional Employer Organization , or PEO, allows businesses to outsource their administrative needs to a third party that specializes in these duties. Some business owners balk at the idea of hiring a Professional Employer Organization because they worry that the PEO will gain control of their company and employees.
Here, discover the key insights outlined in ExtensisHRs 2025 HR Trends Report and learn how brokers can leverage these emerging developments to strengthen client relationships. As a broker-friendly professional employer organization (PEO) , ExtensisHR strives to keep its partner community informed of the latest industry developments.
With Generative AI, Skills Technology and Data Analytics, the human resource ecosystem has changed remarkably in the last few years. HR leaders today refer to both the software and hardware tools used to automate human resource functions as Human Resource technology.
Speaker: Patrick Sayers, President of Newcastle Research
Why do some HRtechnology approaches succeed while others fail? If the time has come for your organization to choose a new HRsoftwareplatform, this is an important question to ask. How does an organization find the right HRsoftwareplatform? How to choose between SaaS and license.
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 HRtechnology space, and some of the ones we think are interesting or particularly notable are listed below.
Quick look: As 2024 comes to a close, it’s time for HR professionals to review, reflect, and fine-tune their processes to ensure compliance, enhance employee satisfaction, and streamline operations. Additionally, human resources (HR) teams must tackle a variety of tasks to maintain compliance and streamline operations for the year ahead.
Strategic human resources (HR) will be one of your organization’s greatest assets and supports during this time. In fact, your company’s strategic HR expertise is nothing less than critical in facilitating business growth and helping to avoid common pitfalls and challenges that can plague organizations trying to scale.
In this guide, we’ll explore practical strategies to streamline open enrollment and how a PEO can help busy SMBs make the most of their benefit election cycle. Is your technology up to date? In this case, offloading the project to the benefits experts at a professional employer organization (PEO) may be worth it.
Handling employee benefits and other HR services in-house is extremely difficult for many small businesses. According to research by Secure Data Recovery, 88% of employees have worked at a small business without a dedicated HR team. Professional employer organizations (PEOs) offer a cost-effective solution to this problem.
Tandem HR announced the acquisition of The QTI Group’s Professional Employer Organization (PEO) division on August 31, 2021. The QTI Group is a privately owned human resources and staffing organization providing staffing, recruiting, compensation consulting, and outsourced HR to businesses headquartered in Wisconsin since 1957.
However, behind the scenes of every successful medical practice lies a complex web of administrative tasks, HR responsibilities, and regulatory hurdles. A professional employer organization (PEO) can step in as a powerful ally, simplifying operations, reducing costs, and allowing medical practices to focus on what truly matters most.
Here, explore what you need to know about hiring for seasonal positions, from compliance considerations to incentivizing staff to come back next season, and how a PEO can help you achieve year-round success. Your company’s human resources (HR) team should be available to answer these inquiries.
From recruiting employees and handling payroll to ensuring compliance with labor laws, HR tasks require constant attention and expertise. As companies look for ways to optimize operations, Human Resource Outsourcing (HRO) has emerged as a strategic solution. HRO can be structured in different ways.
Global payroll and HRplatform Deel announced Thursday during its virtual customer event several new products and features aimed at streamlining workforce management across the globe. The company also announced new AI tools in its engagement solution and security features to bolster its IT offerings.
However, like any other organization, they also face challenges in managing their HR functions. That’s where professional employer organizations (PEOs) come in handy! In this blog, learn about five HR benefits non-profits can achieve with a PEO partnership. What is a PEO?
To do this, brokers are in a unique position to make an impact by connecting their clients with a professional employer organization (PEO) solution. The structure, support, and insight of a PEO help make this happen. Business success is often marked by adaptability, and creating purposeful partnerships makes this possible.
You have many options for outsourcing your company’s human resources (HR) function. Let’s explore all the services that a full-service PEO partner can perform for your organization and why your business may want to consider this option for the most comprehensive, cost-efficient and time-efficient HR outsourcing.
Quick look: A PEO partnership can help small businesses grow, stay compliant, offer competitive benefits, and retain valuable employees. However, some organizations shy away from a PEO out of fear that a co-employment relationship is the same as employee leasing. However, the PEO does not supply workers to their client.
Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 Here, explore the latest HR outsourcing trends, including the various types of HR outsourcing companies, which HR duties SMBs are offloading the most, and how to choose the right partner to help your organization simplify its workload and succeed.
Today’s business landscape is highly competitive, meaning organizations must brush up on and adapt to the latest HR trends. Get Full Report Today’s workforce demands, technological advancements, and shifting demographics are causing the human resources (HR) industry to transform rapidly.
Fortunately, one of the many built-in advantages brokers have when working with a professional employer organization (PEO) is dedicated access to a team of HR experts who provide flexible solutions. Employers shouldn’t have to feel like they’re racing against the clock when making such a crucial decision.
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. By the end, you’ll have a comprehensive guide to selecting the perfect tool for a seamless onboarding experience.
This approach allows companies to enhance their talent acquisition processes by leveraging specialized expertise, advanced technology, and data-driven recruitment strategies. RPO providers utilize cutting-edge tools, AI-driven candidate assessments, and extensive industry networks to ensure companies gain access to top-tier talent.
Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. According to market research firm Technavio , 56% of the HR outsourcing market’s expected growth between 2022 to 2026 is slated to come from North America.
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. And as the employment landscape grows increasingly complex, HR experts play a key role in helping organizations adjust to the rapidly transforming workplace.
Effective employee management can streamline complex HR operations, reduce admin work, and support a thriving company culture your people love. HR leaders often use employee management software to enhance efficiency, foster better employee engagement, and ensure compliance across HR functions.
It’s essential for business leaders and human resources (HR) professionals to discern the two and harness both functions’ powers to foster a culture of growth, engagement, and long-term success. This is where a professional employer organization (PEO) can provide valuable assistance.
Managing a growing team presents new complexities for small businesses—especially in the HR department. But, with the right HRsystem , HR leaders can optimize scaling operations while supporting team member engagement and productivity. What is HRsoftware for small businesses?
Quick look: To strengthen client relationships and keep SMBs competitive, brokers are constantly on the lookout for innovative tools, services, and strategies to help them grow their businesses without an added burden. With PEO Premier® , broker clients have this option. Whereas, big-box PEOs typically offer it as an a la carte value.
Quick look: PEO awareness and subsequent partnerships have increased over the past few years as brokers and their clients look for fresh HR and benefit strategies to keep them competitive. However, many organizations have begun to realize not all PEOs offer the same level of support. However, not all PEOs are the same.
Quick look: There are hundreds of PEOs across the U.S. In this blog, learn about ExtensisHR’s Employee Solution Center (ESC) and discover the benefits of having a responsive and knowledgeable support system that understands your unique needs and helps you easily navigate complex HR issues. You’re not alone.
Here, we explore the importance of payroll, how PEO payroll services impact SMBs across the country, and all the other ways PEOs help businesses, too. Other companies offload their payroll responsibilities to a payroll service provider or a professional employer organization (PEO). Some PEOs, like ExtensisHR, are IRS-Certified.
It’s also an ideal time for human resources (HR) professionals to analyze the trends that have shaped the industry over the past year and identify actionable tips for the coming months. 10 Benefits of Outsourcing HR Most business leaders understand that outsourcing some of their HR tasks can save time and potentially help cut costs.
Quick look: Brokers now have an added tool to offer education clients through SchoolCloud™. This innovative HRsolution and technologyplatform addresses the specific needs of educators and administrators, delivering comprehensive services for human resources and employee management capabilities.
To help clients maximize their benefits and feel confident in their choices, making the connection to a PEO partner can simplify and streamline the entire process. As part of a full HRsolution, a PEO partner offers benefits consulting to answer employer questions about the best products and plans currently available.
Yet, it’s not all doom and gloom, as brokers and their clients have access to professional employer organizations (PEOs) to help them reinvigorate employee participation and provide the support necessary to help them do their best work.
Remote, a platform that helps employers manage global workforces, first gained prominence during the Covid-19 pandemic as an employer of record (EOR) service. It’s now seeking to deepen its footprint in the US market, one of the company’s top revenue drivers, HR Brew has learned exclusively. Quick-to-read HR news & insights.
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. Business leaders should assess the organization’s benefits plans and compensation system and determine whether they help the company reach its goals.
Efficient Solutions to Simplify Driver Payroll Management Managing payroll in the trucking industry is uniquely complex. From handling driver pay by mileage, load, or hourly rate to tracking per diems, bonuses, and multi-state tax compliance traditional payroll systems often fall short. What is Trucking Payroll Software?
Thankfully, market trends are pointing toward a continued need for benefits and PEO brokers, and the right HR outsourcing partner can help them continue to meet those demands. Additionally, HR Dive’s 2024 Identity of HR survey discovered that 36% and 22% of HR professionals said that mental health/counseling and educational perks (i.e.,
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. Therefore, it’s important to choose a PEO partner wisely as big-box PEOs often apply a one-size-fits-all approach to benefit plans.
BambooHR is designed to simplify HR tasks and manage employee databut does it deliver on its promises? If you’re considering BambooHR or an alternative HRsoftware , this analysis can support your decision-making process. BambooHR is HRsoftware that centralizes daily HR tasks into a single platform.
Finding the right tools to manage HR tasks efficiently is crucial for small businesses looking to scale. Human resource information systems ( HRIS ) empower HR teams to automate and streamline essential HR functions, save time on admin work, and focus on strategic initiatives that drive growth.
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