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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

The speed at which the business landscape is evolving means employers must quickly adapt to remain competitive; gone are the days of researching emerging trends and bookmarking them for later. employees consider a potential employer’s professional development and training offerings important when accepting a new job.

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2023 Recapped: Our Top 5 HR Blogs for SMBs

Extensis

It’s estimated that the HR outsourcing market will grow to over $13 billion by 2027 , and this isn’t surprising when you consider 70% of HR professionals feel they’re working beyond typical capacity, according to SHRM’s 2022-2023 State of the Workplace Study. What is Employee Leasing and How Does It Differ from PEO?

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Help SMB Employers Improve Retirement Readiness

Extensis

million Americans will hit retirement age annually through 2027 , with 11,000 expected to turn 65 in 2024 alone. Employers may also look to providers to host financial education sessions on topics like budgeting, reducing debt, and investing. Sources state that over 4.1

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New Year, New HR Trends for Brokers to Know

Extensis

As a broker-friendly professional employer organization (PEO) , ExtensisHR prioritizes informing its broker partners about the latest market developments. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

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6 Cybersecurity Threats Facing Small Businesses

Extensis

Third-party breaches It’s estimated that by 2027, freelancers will comprise over half the U.S. While these workers provide many benefits to organizations, they sometimes also open their clients’ networks up to vulnerabilities. Social engineering fast fact : 74% of breaches involve the human element (i.e.,

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Charter and Independent Schools Prepare for the Latest Federal Overtime Pay Rule

Extensis

New earnings threshold renewal period: Starting July 1, 2027, the earning thresholds will be updated every three years to ensure the fairness of overtime pay. Master overtime regulations with ExtensisHR Working with a professional employer organization (PEO) strengthens a school’s ability to craft an effective overtime pay strategy.

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HR Metrics That Matter

Extensis

through 2027. The average time to fill varies by job function , and the rate can be lowered by automating job postings, resume screenings, and initial outreach, referring to previous candidates for current requisitions, or outsourcing recruiting efforts to a professional employer organization (PEO). Offer acceptance rate.

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