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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 According to market research organization Technavio , the global HR outsourcing market will be dominated by this continent, and 56% of the market’s growth from 2022 to 2026 is slated to come from it. billion between 2021 to 2026.

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Iceland’s Path Toward Shrinking the Gender Pay Gap

Trusaic

Currently, Icelandic companies and institutions with an average of 25 or more employees must obtain Equal Pay Certification. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Equal Pay Certification is obtained when employers meet the requirements of Iceland’s Equal Pay Standard (Standard IST 85).

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Employers Should Continue with the Work Opportunity Tax Credit Despite Hiatus

Trusaic

The only real difference between the program being in effect and being in hiatus is that State Workforce Agencies (SWAs) cannot process the WOTC certifications necessary to claim federal tax credits. million WOTC certifications, representing billions of dollars in federal tax credits. According to the DOL, employers in 2018 obtained 2.2

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Italy’s Path Toward Shrinking Gender Pay Gap Under EU Directive

Trusaic

In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Employers that submit the equality report and meet certain gender criteria can apply for a Gender Equality Certificate. Two key aims of the certificate are to reduce the gender pay gap and promote greater participation of women in the workforce.

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The HR Challenges Shaping the Healthcare Industry

Zenefits

Similar to other HR professional credentialing, they provide healthcare HR certification , industry-specific training and development. Validation of certifications and licensure at the onset of hiring must be meticulous. The 5 Biggest Current HR Issues in Healthcare. In healthcare, they’re critical.

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Luxembourg’s Path Toward Shrinking the Gender Pay Gap Under EU Directive

Trusaic

By 2026, EU employers with 250 or more employees must report on gender pay gaps. Luxembourg’s voluntary Positive Actions program, operated by the Ministry of Equality, awards certification to employers who demonstrate best practices in areas including equal pay. Prepare to act when pay gaps exceed 5%.

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Pay Equity Legislation Changes You Need to Be on Top Of

Trusaic

In addition, Illinois employers with at least 100 employees in the state will be required to apply for an Equal Pay Registration Certificate (EPRC) by March 23, 2024. Failure to follow these requirements could result in fines of up to $10,000.