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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Before diving into the latest HR outsourcing trends, it’s important to understand the various types of HR outsourcing companies, which include the following: Benefits consultants : Firms or individual professionals who assist companies with selecting, purchasing, and administering benefits plans. And the PEO industry is booming.

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Tips to help you streamline HR tasks

PeopleStrategy

Right now, for example, you may be wrapping up open enrollment , ensuing all employees have enrolled in – or waived – coverage. At the same time, you are probably trying to review employee data and payroll records in preparation for year-end reporting, tax filing and setting up the first payroll of 2020.

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

Genesis HR Solutions

Not only do PEO clients get expertise from their PEO partners, they no longer need to do the grunt work for the administration of their company’s HR, benefits, tax, payroll, and compliance issues, giving them time to focus on the core functions of their business—and focus on growth. 4 PEO Trends To Watch In 2020 & Beyond.

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How to Boost Employee Engagement and Retention for Your Domestic and International Workforce (Hint: Streamline payroll processes)

MP Wired For HR

How to Boost Employee Engagement and Retention for Your Domestic and International Workforce In this post, we’ll talk about how streamlining your payroll processes can help boost your employee retention rate, which can be especially problematic for international companies that employ a global workforce.

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Why HR should pay attention to these 3 benefits

HR Brew

Some 61% of employees who received fertility benefits from their employer said they feel a greater sense of loyalty to their organization, according to the 2020 FertilityIQ Workplace Index. With all that in mind, Kenslow expects to see lifestyle spending accounts gain traction as an employee benefit. “It

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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

1 payday back into 2020, you’d still have 27 biweekly pay periods, this time in 2021. Although most companies choose this option, it may be a costly decision, since employees will receive an extra paycheck, along with extra taxes withheld and extra benefits provided. If you choose not to adjust, employees could be underwithheld.

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5 tech tools to power HR through the pandemic

HRExecutive

Large HCM SaaS solution providers, for example, quickly added functionality to comply with new payroll legislation, track COVID cases, obtain feedback from employees or support return-to-work management. With that as context, HRE checked out tools in these areas that saw strong pandemic-driven growth during 2020.