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Here’s how to design an impactful total rewards plan, and how a PEO can help time-strapped SMBs reap the benefits of a well-appointed program. What is a total rewards program? Quick look: A comprehensive total rewards strategy is just that: rewarding (for businesses and employees alike).
But what happens next? Strategic human resources (HR) will be one of your organization’s greatest assets and supports during this time. Strategic human resources (HR) will be one of your organization’s greatest assets and supports during this time. So, what do we mean by “strategic HR?” They make or break your success.
Additionally, human resources (HR) teams must tackle a variety of tasks to maintain compliance and streamline operations for the year ahead. Distribute W-2 and 1099: Prepare and send out all necessary tax documents. The end of the year is a busy time for business leaders, professionally and personally.
With nearly half of all breaches affecting SMBs, here’s to develop a well-rounded small business cybersecurity plan—and how external resources, including a PEO, can help. Cybersecurity IT infrastructure safeguards often require additional resources that could be costly but are well worth the investment in the long run.
Here, explore what you need to know about hiring for seasonal positions, from compliance considerations to incentivizing staff to come back next season, and how a PEO can help you achieve year-round success. What are seasonal employees? An uptick in sales at a specialty retail store before the winter holidays.
Here’s how brokers, with support from a professional employer organization (PEO), can help their clients design dynamic benefit packages for a multigenerational talent pool. That’s where professional employer organization (PEO) brokers can play a vital role. What’s important to one set of employees may be less attractive to others.
But with so many human resource (HR) metrics available to measure, which ones have the most impact? From turnover rate to revenue per employee, these 14 HR analytics, paired with the support of a professional employer organization (PEO), can empower SMBs with the tools and expertise they need to succeed.
Unfortunately, the adage, “you don’t know what you don’t know,” rings true for many small- and medium-sized employers. From ghosting remote employees to overlooking artificial intelligence (AI), here are seven common HR mistakes and how partnering with a PEO can help companies avoid these terrors. HR blunders are not. The worst part?
Many businesses underestimate the impact of human resources (HR) administration on business performance, profitability and, ultimately, growth. In this blog, we’ll discuss how inefficient HR administration leads to bigger problems. What is HR administration? When done well, it’s fuel for growth. Efforts are duplicated.
In this blog, we’ll review everything you need to build a solid talent management strategy that keeps the employees who will help move your business forward. In this blog, we’ll review everything you need to build a solid talent management strategy that keeps the employees who will help move your business forward.
That’s why many SaaS businesses turn to Employer of Record (EOR) providers for fast, compliant, and cost-effective international hiring. Its AI-driven compliance tools and premium support make it suitable for SaaS enterprises managing large-scale international teams. We also looked for proactive compliance frameworks to mitigate risk.
Quick look:As you discuss human resources (HR) pain points with a new business prospect, you may find their needs dont align with a professional employer organization (PEO) solution. Luckily, there are other options that can help them reach their goals, like human resource outsourcing (HRO). HRO vs. PEO: whats the difference?
Quick look:As you discuss human resources (HR) pain points with a new business prospect, you may find their needs dont align with a professional employer organization (PEO) solution. Luckily, there are other options that can help them reach their goals, like human resource outsourcing (HRO). HRO vs. PEO: whats the difference?
Professional employer organizations (PEOs) can manage this on employers’ behalf, but their expertise and service quality may significantly differ. However, with so many PEOs in the market, evaluating potential providers thoroughly is important. What is CI certification?
What Is RPO? The RPO provider works closely with the internal HR team to analyze existing hiring processes, identify inefficiencies, and pinpoint skill gaps. Recruitment Process Outsourcing (RPO) is a strategic hiring model where businesses delegate part or all of their recruitment operations to an external service provider.
Human resource (HR) compliance is critical for organizations to ensure they legally operate, protect employee rights, and mitigate risks. This comprehensive guide explores HR compliance, key employment laws, and how human resource teams help create a compliant workplace. What is HR compliance? Why is HR compliance important?
Likewise, our five most-read broker blogs in 2023 also reflected these trends. It’s that time of year again: 2023 is drawing to a close, and people everywhere, including benefits and PEO brokers, are pondering their key takeaways for the year. The human resources (HR) industry experienced several key trends this year.
Here, explore nine essential steps to creating an EVP and how a professional employer organization (PEO) can help busy businesses perfect theirs. What is an EVP? Workplace environment : Tools and resources, on-site amenities, and safety measures. Employee recognition : Acknowledging employees’ hard work.
Hiring internally. Here, explore the different types of internal recruitment, the business benefits of hiring from within, tips on developing an internal talent pipeline, and how a professional employer organization (PEO) can help busy small businesses do it all. What is internal recruitment?
Quick look: Professional employer organizations (PEOs) help their clients minimize time spent on daily HR tasks, reduce employment risk, control HR costs, and more. But with hundreds of PEOs in the market, how should business leaders decide which one to partner with? What is a certified PEO (CPEO)? government.
Quick look: The client implementation process and onboarding phase of a professional employer organization (PEO) partnership is more than a procedural necessity—it sets the tone for the entire business relationship. Still, businesses want to know the PEO they entrust will drive more wins than costly risks.
A robust human resources (HR) infrastructure is like the foundation of a house: If it’s not there or your HR administration is unwieldy and ineffective, everything falls apart at a company. What is an HR Infrastructure? All that sounds great – but what exactly is an “HR infrastructure?” It’s also the secret behind doing HR well.
Quick look: While professional employer organizations (PEOs) are known for services like benefits and payroll, they can provide so much more. Here are four lesser-known PEO offerings, from recruiting to employee surveying, that can help businesses attract and retain talent and develop data-driven processes. Recruiting services.
Read on to explore what work may be like for LGBTQ+ employees, how to celebrate Pride Month in the workplace, and ways to make your workplace more welcoming and empowering throughout the year. What’s work like for LGBTQ+ employees? But while Pride Month is celebrated in June, employers can ensure LGBTQ+ workplace inclusion all year.
By partnering with a PEO that provides comprehensive benefits and HR services, brokers can improve their clients’ bottom lines and lower employee financial stress. High inflation, international conflict, and the lasting effects of the pandemic are causing clients and their employees to watch their spending more than before.
The Coronavirus Aid, Relief and Economic Security (CARES) Act is the $2 trillion federal stimulus package you’ve heard about in the media. Please also note that any relationship with a professional employer organization (PEO) does not impact an employer’s eligibility for a loan under the Paycheck Protection Program. Eligibility.
Here are 7 developments expected to hit the industry and how a PEO can help SMBs make the most of them. Here are seven hiring trends SMBs should consider dedicating resources to: 1. Learning and development programs allow for internal mobility and help staff feel more engaged and fulfilled. This figure is up 41% from June 2022.
Read on to explore what work is like for LGBTQ individuals and how business leaders can increase their organization’s inclusivity. Let’s explore what work is like for LGBTQ employees and key actions employers can take to make their workplaces more welcoming and empowering. A difficult ladder to climb. Inclusivity benefits all.
Quick look: The human resources industry has changed substantially in the last several years—a pattern that will continue in 2024. In the ExtensisHR 2024 Trends Report, review the top 10 latest industry developments and the steps your business can take to succeed, straight from our internal thought leaders.
With nearly half of all breaches affecting SMBs, here’s how business leaders can develop a well-rounded cybersecurity plan—and how external resources, including a PEO, can help. Cybersecurity IT infrastructure safeguards often require additional resources that could be costly but are well worth the investment in the long run.
Quick look: The new year is here, and as a broker, your clients turn to you to provide professional guidance on emerging human resources topics. As a broker-friendly professional employer organization (PEO) , ExtensisHR prioritizes informing its broker partners about the latest market developments.
Luckily, with a PEO partnership in their pocket, brokers can step in as trusted advisors and help their clients remain compliant. The act of employing workers opens business owners to many risks associated with compliant human resources (HR) management. What is the company’s projected growth plan? This is where you can help.
Over the past several years, data-driven human resources (HR) has become essential to maximizing a company’s HR function and uncovering valuable information about an organization and its workforce. But of all the data that can be tracked, what’s worth investing time, effort, and money in? through 2027. To calculate this metric: .
At such a pivotal point in history for women in the workplace, here’s what small- and medium-sized businesses (SMBs) can do to provide better support for working moms. What’s work like for mothers? To most effectively assist your employees who are mothers, you must first understand what your workplace is like for them.
With so much talent up for grabs – and even more competition – here’s what small- and medium-sized businesses (SMBs) need to know as they enter graduation season. With so much talent up for grabs – and even more competition – here’s what small- and medium-sized businesses (SMBs) need to know as they enter graduation season.
Quick look: The growing number of professional employer organizations (PEOs) can make it difficult to select which one best fits your business’s HR needs. By using this eight-step evaluation guide, you can identify which partner truly offers the quality PEO services and support your team deserves.
But as the need for small businesses to focus on company culture increases, organizational leaders may wonder what exactly company culture means and how to foster a strong and supportive one. What is company culture? The Great Place To Work® Institute defines company culture as “how you do what you do in the workplace.
From reimagined learning and development programs to addressing the burnout prevalent among HR staff and leadership, here’s what to expect in 2023, according to ExtensisHR’s SVP of People and Culture, David Pearson. Quick look: Another year has come and gone, and the time is now to prepare for 2023. Leaning on learning and development.
From minimum wage and salary regulations to evolving employee leave rules, here’s what SMBs should have on their compliance radar this year. The new year is in full swing, and just like last year , if there’s one thing that human resources (HR) professionals can expect in 2023, it’s a slew of new employment laws.
Here’s what small- and medium-sized business (SMB) employers need to know about this trend – and how they can combat it. Here’s what burnout entails, why millennials are being hit the hardest, and what small- and medium-sized business (SMB) employers can do to destress (and retain) their millennial managers. What is burnout?
Partnering with a professional employer organization (PEO) can help alleviate much of the stress associated with fulfilling day-to-day human resources (HR) functions for large and small businesses alike; however, choosing a PEO that is right for your business comes with its own set of stressors. Here’s how. Here’s how.
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Quick look: It’s International Women’s Day, a time to celebrate the many achievements of women worldwide! Here are six tips on how to support women in the workplace, on International Women’s Day and beyond. Happy International Women’s Day ! Happy International Women’s Day ! What’s it like for women at work?
Such is the case with brokers and PEOs. With SMBs wanting to scale, while remaining agile enough to stay profitable, having the strength of a broker-PEO partnership to support them is invaluable. By offering a PEO solution, brokers give their clients the help they need, when they need it, without the risk of severing ties.
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