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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 Payroll processing businesses : Companies that partially or entirely take over payroll processing duties on behalf of other businesses. Human resources information system (HRIS) : An HRIS is a software platform used to collect and store employee data.

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France’s Path Toward Shrinking Gender Pay Gap Under EU Directive

Trusaic

In response to the EU Pay Transparency Directive, which requires employers operating in European Union member states to report on pay data, Trusaic will be evaluating the state of each country in the EU’s current gender pay gaps and the path toward compliance. The impetus for the EU Pay Transparency Directive was to close the 12.7

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3 Hidden HR Compliance Risks Every SMB Should Know

Extensis

Here, we explore three hidden compliance issues business leaders must keep top of mind and how a PEO’s HR risk management experts can allow them to focus on flourishing, not fine print. trillion by 2026. The average data breach costs almost $3 million for businesses with fewer than 500 employees.

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Taxes Can Be Taxing for PEOs Without PrismHR

Prism HR

For employers, however, managing payroll taxes is a never-ending process, and compliance is paramount. billion in 2023 for issues with federal employment taxes, according to recently released data. Minnesota will join them in 2026. The IRS assessed businesses with penalties totaling $8.6

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NLRB and DOL Going After Worker Misclassification

Zenefits

Department of Labor’s Wage and Hour Division (WHD) and the National Labor Relations Board (NLRB) have announced that they will be collaborating in a new effort to improve compliance with the laws they enforce, including worker misclassification. Businesses need to be extra careful when it comes to compliance. Automate payroll.

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3 Key Global Payroll Models Explained

Immedis

Industry experts predict that this year the global Payroll, HR and Services market value is approximately $21bn. This is estimated to double to $42bn by 2026. Such phenomenal growth means that we will see massive transformation and the face of global payroll will evolve at a rapid pace over the next decade. Immedis and GPA.

Payroll 92
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EEOC and WHD Alliance Impacts Every Employer

Trusaic

Its far-reaching, non-binding MOU allows sharing of information or data that supports either agency’s regulatory enforcement, including: Complaint referrals between agencies. Reports filed or data produced by employers (which may include EEO-1 reporting or FLSA records). Stay on top of complex legislation.