Extensis

APRIL 17, 2024

The desirability of this feature among small businesses isn’t surprising since 51% of IT spending among businesses is expected to switch from traditional technology to cloud-based tech in 2025. Communication between the SMB managers and the system’s professionals can also be streamlined in case a platform issue or inquiry arises.

HR Software 103

HR Software Recruiting Software Planning Tools System 103

Extensis

OCTOBER 2, 2024

Part-time workers may qualify for employer retirement plans more quickly. Starting in 2025, businesses that offer 401(k) and 403(b) plans must automatically enroll eligible employees and provide a contribution rate of at least 3%. Brokers should note that SECURE Act 2.0 Catch-up contribution limits for older workers increased.

Retirement 89

Retirement HR Planning Planning Tools Recruiting Software 89

Extensis

APRIL 16, 2024

Moreover, introducing a professional employer organization (PEO) partner like ExtensisHR gives broker clients the personalized attention necessary to strategize benefit plans which are most relevant to their company’s needs. This allows employers to contribute up to $5,250 in student loan repayments per employee per year.

Study 96

Study Recruiting Software Planning Tools HR Software 96

Extensis

SEPTEMBER 6, 2024

Qualification of part-time workers for employer retirement plans. Starting in 2025, businesses that offer 401(k) and 403(b) plans must automatically enroll eligible employees and provide a contribution rate of at least 3%. A professional employer organization (PEO) , like ExtensisHR, can help.

Planning Tools 103

Planning Tools Retirement Hiring Software Recruiting Software 103

Extensis

DECEMBER 28, 2022

Under the Act, age-50 catch-ups will remain, and some new catch-ups will be added: 401(k) and 403(b) plans: Beginning in 2025, the catch-up contribution limit will become the greater of $10,000 or 150% of the catch-up limit for individuals between ages 60-63. While it may not be finalized until 2025, SECURE Act 2.0

Retirement 98

Retirement Employee Benefits Wellness Training 98

Extensis

APRIL 20, 2022

Luckily, Section 2206 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) created a temporary tax-free provision for employer-sponsored student loan assistance programs. Under the Consolidated Appropriations Act (CAA), this benefit has been extended through December 2025. It’s a win/win.

Employee Benefits 98

Employee Benefits HR Software Planning Tools Retirement 98

Extensis

MAY 17, 2023

As of now, compliance will continue to allow telehealth services on employer-based plans through 2025. Employers must prepare for if and when the time comes access is reduced. Brokers have therefore also expanded their network to include partnerships with professional employer organizations (PEOs).

Planning Tools 98

Planning Tools Recruiting Software HR Software Compliance 98

Extensis

MARCH 29, 2023

As a professional employer organization (PEO) broker helping small- and medium-sized business (SMB) clients plan for the future, here’s a shortlist of highlights which are important to know. This stipulation takes effect starting January 1, 2025, unless the employee chooses to opt out.

Planning Tools 98

Planning Tools Groups Retirement Onboarding Software 98

Extensis

SEPTEMBER 14, 2023

The World Economic Forum predicts that by 2025, one-third of the workforce will be Gen Z, digital natives who expect to benefit from technology in all their daily activities, including work. The evolving workforce demographic Today’s labor force looks different than just a few years ago—it’s younger, more diverse, and tech-savvy.

HR Planning 98

HR Planning HR Software Hiring Software Recruiting Software 98

Extensis

NOVEMBER 28, 2023

provisions won’t go into effect until 2025, it’s best for broker clients to prepare now. Starting in 2025, businesses who offer 401(k) and 403(b) plans must automatically enroll eligible employees and provide a contribution rate of at least 3%. continues through 2025, it’s also important to know key dates and prepare accordingly.

Planning Tools 64

Planning Tools Retirement HR Software Recruiting Software 64

Extensis

JULY 13, 2023

Among the results are traditional benefits which remain top priority for employers with a few, newer ones to take note of as they grow in popularity. Leave benefits extend beyond PTO Nearly all employers include some type of paid time off (PTO) benefits.

Employee Benefits 90

Employee Benefits Survey Planning Tools Hiring Software 90

Extensis

NOVEMBER 22, 2022

They’re also predicted to comprise 27% of the workforce by 2025. And since Gen Z values flexibility, work/life balance, professional development opportunities, and diversity, equity, and inclusion (DEI) , employers may want to communicate these aspects on their social media accounts.

Recruiting Software 98

Recruiting Software Hiring Software Interview Software HR Software 98

Extensis

APRIL 4, 2022

Professional employer organizations (PEOs) have been around for decades – but there has never been a better time than now for brokers to offer their services. According to the National Association of Professional Employer Organizations (NAPEO) , in the U.S. Ongoing pandemic woes. Which PEO is right for you?

Planning Tools 75

Planning Tools Recruiting Software HR Software Hiring Software 75

Extensis

APRIL 6, 2022

By 2025, it’s predicted that 22% of the American workforce will be remote – and that doesn’t include employees with a hybrid schedule. Manage PTO and pay rates. Run a variety of standard – and custom – reports. Process payroll (manage recurring payments and deductions, schedule payments, create expense reimbursements, etc.). Track applicants.

HR Software 72

HR Software Hiring Software Recruiting Software Onboarding Software 72

Insperity

NOVEMBER 23, 2023

Additionally, remote employers who hire employees that can perform the job from any location must comply with the most generous state’s compensation disclosure requirements. A thoughtful approach today will set up your organization for success as rising expectations around pay openness continue to evolve.

Compensation 88

Compensation Benchmarking Policies E-Recruitment 88

Extensis

APRIL 11, 2022

70% of employees report they don’t have access to pet insurance through their employers, but 30% said having those benefits would convince them to stay with their current organization (or leave for an employer that does offer them). This is especially important to note, as by 2025 millennials will represent 75% of the workforce.

Employee Benefits 75

Employee Benefits Policies Talent Experience Exercises 75

Extensis

JUNE 14, 2024

The minimum salary threshold will get another increase on January 1, 2025; at this time, employees earning less than $1,128/week, or $58,656 per year, will be eligible for overtime pay. The exemption rate will increase again to $151,164 on January 1, 2025. times their regular pay rate for every hour worked after 40 hours in a workweek.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

JUNE 14, 2024

The minimum salary threshold will get another increase on January 1, 2025; at this time, employees earning less than $1,128/week, or $58,656 per year, will be eligible for overtime pay. The exemption rate will increase again to $151,164 on January 1, 2025. times their regular pay rate for every hour worked after 40 hours in a workweek.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

JUNE 26, 2024

The 2024 BenefitsPRO Voluntary Benefits Survey shows a sunny forecast for the rest of the year and into 2025. As a result, many brokers have discovered working with a professional employer organization (PEO) partner delivers the products, service, and technology they need to satisfy their small- and medium-sized business (SMB) clients.

Survey 59

Survey HR Software Recruiting Software Planning Tools 59

Extensis

APRIL 1, 2022

2025: Friday, February 25 – Sunday, March 30. Failure to comply could result in accusations of direct or indirect religious discrimination, and SMBs can consult with the risk and compliance experts at their professional employer organization (PEO) to confirm they are acting lawfully. Provide proper prayer spaces.

Time and Attendance 70

Time and Attendance Workday Policies Compliance 70

Prism HR

JUNE 24, 2024

Last month, the National Association of Professional Employer Organizations (NAPEO) held its annual PEO Capitol Summit in Washington, D.C. Federal Reform What It Is: Major provisions of the Tax Cuts and Jobs Act of 2017, including rate reductions, are set to expire at the end of 2025.

Planning Tools 59

Planning Tools AI Recruiting Video Recruiting Compliance 59

Extensis

FEBRUARY 29, 2024

Here’s a look at key compliance updates for 2024, and how a professional employer organization (PEO) partner can help brokers and their clients confidently move forward. As benefit trends and employee demands continue to shape the industry, so do changes required by law.

Compliance 52

Compliance Planning Tools HR Software Recruiting Software 52

Extensis

SEPTEMBER 6, 2024

As a professional employer organization (PEO) broker , it is invaluable to keep SMB leaders current and informed about market demand and changing regulations while also providing options tailored to their unique goals. Qualification of part-time workers for employer retirement plans.

Retirement 52

Retirement Retention and Turnover Recruitment Productivity 52

Prism HR

OCTOBER 3, 2023

But … As a Professional Employer Organization (PEO) or Administrative Services Organization (ASO), you play a critical role in helping your small and medium-sized business (SMB) clients help their worksite employees save and plan for retirement through integrated financial services benefits , like 401(k)s, as part of a multiple employer plan.

Retirement 59

Retirement Analysis Compliance Guidelines 59

Extensis

APRIL 19, 2023

Brokers can help eliminate confusion and direct their clients down the right path by working with a professional employer organization (PEO). Effective starting on or after January 1, 2025, the new CAA guidelines reduce the years of service requirement.

Guidelines 52

Guidelines Retirement Employee Benefits Compliance 52

Extensis

MARCH 7, 2024

Similarly, during Ramadan, many Muslims’ schedules are busy, and employers should prepare to field requests to be excused from attending conferences and off-site training sessions during the month. SMBs can consult with the risk and compliance experts at their professional employer organization (PEO) to confirm they are acting lawfully.

Time and Attendance 52

Time and Attendance Compliance Workday Compliance Training 52

Extensis

MAY 11, 2023

Here, explore some top HR compliance issues facing employers today and how a professional employer organization (PEO) can help SMBs proactively remain compliant. This must be executed with little room for error to avoid potential fines and penalties.

Compliance 59

Compliance HR Software HR Planning Hiring Software 59

Extensis

OCTOBER 27, 2022

As professional employer organization (PEO) brokers , working with a team of HR experts is beneficial when navigating the impact these changes have on clients. Additionally, the IRA preserves ACA plan tax credits by extending them through 2025. Pharmacy costs capped at $2,000 per year, directly benefiting approximately 1.4

Planning Tools 98

Planning Tools HR Software Recruiting Software Diversity 98

Extensis

JANUARY 31, 2024

This gap lends an opportunity to small businesses to provide these perks and contribute to their employees’ financial security—a process that’s made easier by partnering with a professional employer organization (PEO). Under the Consolidated Appropriations Act (CAA), this benefit has been extended through December 2025.

HR Planning 109

HR Planning Planning Tools HR Software Retirement 109

Extensis

MARCH 11, 2024

From updated business meal expense deductions to changing Employee Retention Tax Credit legislation, here’s what small businesses need to know during tax season 2024 and how a professional employer organization (PEO) can help simplify it all. Act tax credits SECURE Act 2.0

Hiring Software 105

Hiring Software Retirement Planning Tools Payroll 105

Extensis

JULY 11, 2024

Schools partnering with a professional employer organization (PEO) like ExtensisHR can leverage a suite of specialized training programs, including workplace harassment and incident reporting guidance, to nurture a safer environment.

Sexual Harassment 59

Sexual Harassment Policies Harassment HR Software 59

Tandem HR

DECEMBER 21, 2017

Below is a summary provided by the National Association of Professional Employer Organizations (NAPEO) that we strongly recommend you share with your employees. Sets new individual tax rates effective January 1, 2018 (these individual tax rates changes sunset after 2025). 0 / $0 10% 10% $0 / $0.

Onboarding Software 45

Onboarding Software HR Software Planning Tools Payroll 45

Prism HR

OCTOBER 1, 2024

After all, it’s tech innovation that plays a huge part in not only powering up innovation in the Orlando area, but also Professional Employer Organizations (PEOs) and their clients as well. Experts were on hand to discuss: HCM , the new self-service tool that Professional Employer Organizations (PEOs) have waited for.

HR Software 59

HR Software Conference Time and Attendance Data 59

Prism HR

NOVEMBER 19, 2024

With a new administration coming in, it’s clear that taxes will be a key focus in 2025. Also, how much proposed tariffs will factor into the taxation equation for 2025 remains to be seen. Here are some of the things we’re keeping an eye on for 2025. We’ll start with the 2017 Tax Cut and Jobs Act, which is set to expire.

HR Software 59

HR Software Planning Tools Compliance Payroll 59

Extensis

NOVEMBER 21, 2024

Quick look: In mid-November 2024, a federal court blocked the national overtime rule that raised salary thresholds for white-collar exemptions in July 2024 and was slated to increase them again on January 1, 2025. 4 key considerations for employers So, what does this significant change mean for business leaders?

Wage and Hour Training 105

Wage and Hour Training Assessment Software HR Software Planning Tools 105