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The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

Between 2008 and 2017, the number of worksite employees employed in the PEO industry grew at a compounded annual rate of 8.3%, from about 1.8 From 2008 to 2017, the number of worksite employees employed by PEOs grew at an annual rate of 8.3%. 4 PEO Trends To Watch In 2020 & Beyond. million to 3.7 Notable PEO Statistics.

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

They provide HR solutions to 173,000 small- and medium-sized businesses (SMBs) and employ 4 million people In 2020, those collective 4 million employees were paid $216 billion The SMBs that use a PEO account for over 15% of all employers with 10 to 99 workers Between 2008 and 2020, the number of staff employed in the PEO industry grew at a compounded (..)

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Exodus of key recruiters expected in wake of Covid

Etz

According to the ONS, prior to the 2008 financial crash , the UK economy had undergone 63 quarters of growth. April 2008 marked the start of five quarters of contraction as the effects of the crisis took hold. Recovery from recessions are normally characterised by a flurry of breakaways and startups setting up recruitment shops.

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Minimum Wage in Every State (Updated for 2020)

Zenefits

Editor’s Note: Several of these states will have minimum wage increases in 2020, but the amount of those increases is still TBD. These states have statutory requirements to increase the minimum wage according to the inflationary Consumer Price Index (CPI) in their local area, which hasn’t yet been calculated for 2020.

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Leading the VUCA World with Empathy, Humility & Inclusivity

This crisis is just the latest example of the VUCA (volatility, uncertainty, complexity, ambiguity) world we are living in—a world that has presented us with the 911 terrorist attacks, the 2008 eco­nomic crisis, the 2020 COVID-19 pandemic, and ongoing systemic injustice. How can we lead the VUCA world in the 21st century?

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Safeguarding Homeownership: CFPB’s Vision for Fair Appraisals

Professional Alternatives

It was created in response to the 2008 financial crisis and has the authority to regulate and enforce consumer protection laws. The quest for fairness: CFPB’s rule on AI in appraisals In September 2020, the CFPB issued a proposed rule that would require lenders to use Fair AI in home appraisals.

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Talent As A Critical Resource

ExactHire

Through The Great Recession of 2008-2009 and the slow recovery that followed, the vast majority of organizations were trimming their workforce, attempting to do more with less, and trying to just keep their businesses solvent. By 2020, the Millennial Generation will represent nearly 50% of all workers in the U.S. Did we fall asleep?

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