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

Genesis HR Solutions

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. As we look toward 2021 and beyond, PEOs, including Genesis HR Solutions , are uniquely positioned to provide opportunities and positivity to our clients. PEO History & Highlights.

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PEO Solutions at Genesis HR

Genesis HR Solutions

Do PEOs really make a difference for startups and small to midsize businesses? The data is clear—small & midsize businesses who partner with PEOs see: 7%-9% faster growth than SMBs overall. 10%-14% lower turnover than companies that don’t have a PEO partner. Higher business revenue vs. non-PEO clients (13.5%

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Professional employer organizations (PEOs) : Organizations that enter into a joint-employment relationship with a business and provide comprehensive solutions for HR, payroll, risk and compliance, employee benefits, recruiting, and more. And the PEO industry is booming. In this instance, a PEO could be the answer.

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Top HR Challenges Found in HR Dive’s 2022 Identity of HR Report

Extensis

Here, take a closer look at these challenges and how brokers can join forces with a PEO to help clients succeed. It’s no wonder more businesses are turning to HR outsourcing partners like professional employer organizations ( PEOs ). PEOs, like ExtensisHR, are comprehensive and trusted HR outsourcing providers.

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What PwC’s Medical Cost Trend Report Tells Us About Healthcare Headed Into 2023

Extensis

Part of the increase is due to the bounce-back utilization of healthcare spending following the abrupt halt in 2020. As a professional employer organization (PEO) broker, preparing clients for these fluctuations year to year is essential. PEO brokers keep SMB clients updated on what will help keep them competitive.

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The importance of HR management to your business in 2020

Genesis HR Solutions

As we inch closer to 2020, you may be thinking about how you can make your small business even more successful. In this article, we’ll identify four common human resource challenges many companies are expected to face in 2020, and how human resource management can help you face these challenges head-on. Wondering what a PEO is?

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Want to offer support for caregivers of aging relatives? Read this

Insperity

State laws: As of 2020 , a handful of states have mandated paid family leave, and many other states are considering bills that would provide employees with paid leave. Or, if you are with a professional employer organization (PEO), their benefit plan packages will typically include this benefit.