Remove Payroll Remove PEO Remove Talent Management
article thumbnail

HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Payroll processing businesses : Companies that partially or entirely take over payroll processing duties on behalf of other businesses. Executive recruiting firms : Organizations that specialize in helping businesses fill executive, upper management, and other senior-level positions. And the PEO industry is booming.

article thumbnail

4 Ways Start-Ups Can Implement Affordable HR

Cornerstone On Demand

The overwhelming logistics of employee relations often drive start-ups to outsource HR functions to a professional employer organization (PEO). PEOs become the start-up 's co-employer (workers are legally employed by both the start-up and the PEO) and the start-up must comply with the PEO's protocols with respect to most HR issues.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Global HR Services Can Support International Teams

HR Tech Girl

Global HR services help small to mid-sized companies access top talent from other geographic areas without having to set up a legal entity in each country within which an employee resides. Using HR software for global payroll can help you cut back on your HR team’s admin time, freeing them up to focus on things like employee development.

article thumbnail

HR Functions and Outsourcing

Astron Solutions

Use of a Professional Employer Organization (PEO) to handle issues such as human resource consulting, payroll processing, and health benefits has been helpful for both smaller and startup organizations. A 2015 SHRM article noted that “In the HR realm, employers most commonly pay for access to talent management [e.g.

article thumbnail

NAPEO Reports PEOs Are a Game Changer for SMB Success

Extensis

Quick look: As a small business, it can be challenging to manage day-to-day operations while maintaining focus on growth, which is why it’s helpful to partner with a PEO. PEO customers have a 2x higher growth rate When compared to non-users, SMBs working with a PEO reportedly grow twice as fast.

article thumbnail

The Benefits of ExtensisHR’s PEO Premier® for Financial Services Companies

Extensis

ExtensisHR’s PEO Premier® is designed specifically to meet the high standards of financial services companies, offering tailored HR solutions that ensure compliance, streamline operations, and provide premium benefits packages. PEO Premier® provides this level of service by pairing its users with a full-service account team.

article thumbnail

2023 Recap: A Turbulent Year with Significant M&A Changes in the HR Technology Market

Lighthouse

Engage PEO acquired Zamp. Relatively small in the bigger scheme of things, but we’re planning some PEO research in 2024 to explore how PEO is evolving so we’re watching the space closely. Paycor, an HR Tech Award-winning SMB HR, payroll, and talent solution, acquired Verb for microlearning support.