article thumbnail

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. Instead of adding one or two Millennials to the payroll, they’re adding several. Did we fall asleep?

Resources 130
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. And interestingly, smaller departments with between 1 and 5 employees were more likely to use payroll vendors. Staffing companies : Agencies that match employers and staff-level employees.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Employee Scheduling Software 2024

Replicon

Using employee scheduling software has several benefits, including automating the staff scheduling process, optimizing labor costs, preventing payroll-related errors, eliminating back-and-forth communication with employees, and minimizing scheduling conflicts. Overview of 20 Best Employee Scheduling Software for 2024 1. 5 Capterra: 4.6/5

article thumbnail

Top 5 employee tracking software solutions compared

Homebase

Here’s where vacation tracking software comes in: these tools reduce the costs and manual administrative tasks associated with vacation scheduling by automating the whole process, from putting in leave requests and approvals to preparing PTO reports and processing payroll. . The best part? Source: [link]. Approvals or denials?

article thumbnail

Everything HR Needs to Know About Blockchain

HR Bartender

However, the first blockchain wasn’t put into practice until nearly 15 years later, in 2008, with the launch of the cryptocurrency Bitcoin. So, I could see it being adopted for functions like you’ve mentioned – payroll, background checks, and other sensitive areas (like health records).

article thumbnail

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%. In the 1980s and 1990s, PEOs as we know them today emerged. million to 3.7 Extensis Group ).

article thumbnail

Automotive News Retail Forum Recap

Hireology

Unlike the 2008 recession, retail automotive dealerships are seeing demand after just a few short months of decreased activity. Make sure it connects with other critical systems like payroll , DMS , and others to help you safe time, hire the right people and set them up for success. . Attract a New Kind of Talent.