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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 Here, explore what services HR outsourcing businesses provide, key HR outsourcing trends, and how to choose an outsourcing partner that will truly simplify your HR workload. Rather, an HRIS is a valuable tool for experienced HR managers.

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What Brokers Can Be Thankful For This Year

Extensis

According to market research firm Technavio , 56% of the HR outsourcing market’s expected growth between 2022 to 2026 is slated to come from North America. billion between 2021 to 2026. These industry trends reiterate your clients’ ongoing need for your services, something worthy of adding to your broker gratitude list.

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Leave Management: Your 101 Guide for 2024

Analytics in HR

Benefits and challenges of employee leave management The 5 key processes of leave management Leave management software providers What is leave management? According to a Facts and Factors market research report , the global absence leave management software market will grow by 9.3% from 2020 to 2026, reaching a staggering USD 0.95

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4 Ways PEO Solutions Benefit Medical Practices

Extensis

PEOs can help their partners strategize and set up supplemental benefits such as commuter allowance programs, pet insurance , and legal services. million healthcare workers is expected by 2026 if current clinical job vacancies trend persist. PEOs rectify this issue with its recruiting services. increase in labor expenses.

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5 Ways to Address the Healthcare Industry’s Turnover Crisis

Fond

This can be a huge challenge for HR leaders in the healthcare industry — people who are already overwhelmed with the day-to-day tasks of hiring, onboarding new employees, managing payroll, and much more. Choose the Right Platform. The Struggle with Burnout. By 2022, there will be an estimated 1.2 Transform Your Onboarding Process.

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Turnover And Retention Rates for QSR Businesses

DailyPay

Fast food restaurants, along with fast-casual restaurants, make up a segment of the restaurant industry known as quick service restaurants (QSR). Between 2016 and 2026, the Bureau of Labor Statistics (BLS) estimates that the Food and Beverage service industry will grow 14% , which is faster than average across all sectors.

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NLRB and DOL Going After Worker Misclassification

Zenefits

The agreement will be in effect until December 2026. The Labor Department’s Wage and Hour Division uses the “economic realities” test when examining whether a worker is an independent contractor under the Fair Labor Standards Act, according to an April 2021 report by the Congressional Research Service (CRS). Automate payroll.