Benefits of a PEO for Small Businesses and Startups
Take It Personel-ly
OCTOBER 29, 2021
A professional employer organization (PEO) handles all the administrative services that are needed for companies to expand their presence.
20 Top HR Technology Trends in 2024
HR Stacks Blog
AUGUST 13, 2024
With Generative AI, Skills Technology and Data Analytics, the human resource ecosystem has changed remarkably in the last few years. There are large scope of robust automation and constant upskilling is required to stay on top of the competitive ladder. Around 30% of office space is said to be reduced by companies accordingly.
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What Brokers Can Be Thankful For This Year
Extensis
NOVEMBER 20, 2023
Talent acquisition The job market may be cooler than this time last year, but hiring remains a top priority, according to HR Dive research. Many AI programs remove names from resumes to help eliminate bias, leading to a larger qualified talent pool, and giving candidates a fairer chance.
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4 Key Benefits of an Applicant Tracking System for SMBs
Extensis
MAY 15, 2023
Quick look: Recruiting top talent remains a challenge for many organizations, and recent research shows the time to fill a vacant role has increased by four weeks year-over-year. Luckily, an applicant tracking system (and the recruiting services offered by some PEOs) can help SMBs remain productive, cost-efficient, and fully staffed.
Report: HR Trends 2024 – Navigating the Future of Work
Extensis
DECEMBER 20, 2023
Designed to highlight critical industry developments, ExtensisHR’s 2024 Trends Report features insight from our professional employer organization (PEO) subject matter experts. Trend 3: Advancing HR technology integration AI isn’t just in movie plots anymore—it’s here, and it’s here to stay.
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Exclusive: Remote seeks to deepen foothold in US market with expansion
HR Brew
MARCH 14, 2024
Companies that didn’t have the infrastructure to hire talent internationally looked to EORs, which act as a legal entity employing workers on behalf of a business, overseeing payroll, taxes, and benefits. automating registrations with state departments of labor and handling workers compensation agencies).
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What PwC’s Medical Cost Trend Report Tells Us About Healthcare Headed Into 2023
Extensis
NOVEMBER 10, 2022
As a professional employer organization (PEO) broker, preparing clients for these fluctuations year to year is essential. Per the PwC report, 71% of provider executives also reported significant investments in automating administrative functions. In the short term, these investments will likely drive higher medical costs.
8 ways HR expertise helps facilitate business growth
Insperity
OCTOBER 8, 2024
Or, does a gap exist between what your organization will be producing going forward and what your employees can offer? In addressing any gaps, it more time and cost effective to develop employees internally or hire externally? Rushed hiring decisions that result in hiring the wrong candidate. Ensure leadership continuity.
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What is HR Automation? A Guide with Practical Examples
Digital HR Tech
APRIL 8, 2021
Rapid advances in HR automation have enabled HR departments to streamline and speed up their ways of working, automate many tasks, and devote more time to people-centered tasks, including empowering their employees. How can your team apply HR automation and work in a more efficient and effective way? What is HR automation?
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Best HR Companies in Dubai
Bayzat
AUGUST 30, 2023
Connect Resources facilitates companies planning an expansion with its Professional Employment Organization solutions. It facilitates recruitment and staffing while also paving the way for candidates to land their ideal jobs. Gini Talent Gini Talent is a leading tech recruitment and staffing agency.
AI and the Human Element: Why Both Working in Tandem Is Best for Recruiting
Extensis
JANUARY 26, 2023
Quick look: For better or worse, artificial intelligence (AI) is infiltrating every aspect of business. Most recently, it’s been used for HR purposes as a way to simplify the recruiting process. Though it provides a certain level of convenience, can an algorithm be relied upon when it comes to hiring the right employees?
Internal Recruiting: Best Practices for Hiring From Within
Extensis
JUNE 26, 2024
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?
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For Brokers: 9 Benefits of HR Outsourcing Partnerships
Extensis
APRIL 4, 2023
And while professional employer organization (PEO) services may not always be the right fit for larger businesses in white-, grey- and blue-collar industries, a human resources (HR) outsourcing solution can be. However, most HRO and PEO solutions allow employers to maintain authority over hiring and firing.
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5 Common HR Issues for Small Businesses and How to Solve Them
Extensis
APRIL 4, 2024
From hiring new talent to upskilling tenured staff, HR professionals wear many mission-critical hats. From reducing managers’ stress to grappling with the latest artificial intelligence (AI) tools, these are the current most common HR problems, and the solutions small business leaders can take to mitigate them.
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What Is a PEO, and How Can It Benefit Your Business?
Zenefits
MARCH 1, 2022
That’s thanks in large part to professional employer organizations or PEOs, for short. A professional employer organization is a company that leases employees to another business. Recruiting and hiring processes. New hires, etc. What is a PEO? Benefits administration.
HR Functions and Outsourcing
Astron Solutions
MARCH 19, 2019
Use of a Professional Employer Organization (PEO) to handle issues such as human resource consulting, payroll processing, and health benefits has been helpful for both smaller and startup organizations. Do you have your HR team organize social activities and team building to boost employee morale? Gamification.
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Top 10 Professional Employer Organizations (PEO) for 2023
HR Lineup
NOVEMBER 21, 2022
The good news is that you can outsource your HR functions from credible Professional Employer Organizations (PEO). We include Resourcing Edge in our list of professional employer organizations because of its ability to provide professional services to businesses since 2003. Resourcing Edge.
Top 3 Mistakes Fast Growing Businesses Make
Insperity
NOVEMBER 19, 2012
Growing fast usually means you have to hire fast. With a large hiring push, it’s easy to underestimate the incredible amount of time and money it takes to pull it off. They want to make sure they hire strong employees who they can trust to handle and grow their business.”. You must automate and delegate,” says Sorrells.
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IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions
Extensis
OCTOBER 19, 2023
And, in turn, as challenges continue to rise, it’s become an advantage for brokers and their clients to receive expert services and support through a professional employer organization (PEO). Big-box PEOs rely on automated ticketing systems and generic responses, prioritizing quantity over quality.
2023 Hiring Trends SMBs Should Expect This Year
Extensis
FEBRUARY 13, 2023
Quick look: Almost half of employees plan to job-hunt, and 92% of employers plan to hire this year. To remain competitive, business leaders must stay on the pulse of 2023 hiring trends. 7 hiring trends in 2023 The last several years have seen no shortage of recruiting developments. of hires in 2021, up from 3.9%
An Untapped Talent Pool: Why SMBs Should Hire Military Spouses
Extensis
NOVEMBER 12, 2024
Quick look: Military spouses are, on average, highly educated, skilled, and motivated—a combination that makes 80% of HR professionals eager to hire them. Yet only 16% of HR teams have a strategy to recruit and retain military spouses, and less than half feel they understand this group’s challenges. For example, the SECURE 2.0
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Key Findings from LinkedIn’s Future of Recruiting Report
Extensis
JUNE 27, 2023
Quick look: Employers are dealing with their fair share of recruiting obstacles due to economic instability and workplace trends upending the status quo. The state of the workforce is constantly fluctuating, which on one hand can feel unnerving, but on the other, can be exciting as employers look to the future.
BambooHR review and alternatives
HiBob
DECEMBER 11, 2024
It bundles different features including hiring and onboarding , analytics and reporting, and payroll and benefits management. verified user Source: These pros and cons are compiled from reviews found on G2. This means your organization can keep scaling while ensuring every team member stays connected, engaged, and supported.
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Human Resources Technology Trends for Brokers
Extensis
SEPTEMBER 14, 2023
The rise of AI There seems to be a headline about artificial intelligence (AI) everywhere you turn. And while in the past it was primarily a futuristic daydream, AI is here and booming—it’s expected to become a $2,575.16 AI can also assist with recruiting when coupled with a human-centric decision-making approach.
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How to Reduce Time to Hire: 10 Tips to Quickly Close Job Candidates
Extensis
JANUARY 17, 2024
Quick look: One of the most critical (and stressful) parts of recruiting is closing job candidates before your competitors can scoop them up. According to the Society for Human Resource Management’s (SHRM) new benchmark research , the average cost of recruitment is nearly $4,700 per hire.
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30+ Professional Employer Organizations (PEOs) Statistics: Business Trends
HR Stacks Blog
MAY 4, 2024
Professional Employer Organizations (PEOs) are an important part of modern business to streamline and scale operations. Recruitment May offer recruitment services, but often focused on administrative and compliance aspects. In-house HR directly manages and customizes recruitment to specific company needs.
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What Brokers Can Be Thankful for in 2024
Extensis
NOVEMBER 26, 2024
Your clients depend on you—and will continue to do so The business landscape constantly transforms, but one thing remains steady: small- and medium-sized employers will continue to turn to their brokers to help them differentiate themselves in the market. Talent acquisition Hiring remains a top priority for employers.
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6 tips for employers in an employee’s market
Insperity
MARCH 3, 2022
That’s why recruiting and retention are major focuses in an employee’s market. But when seemingly everyone has a narrowed focus on all things hiring and retention, it’s easy to understand why employers feel the pressure to shift their focus almost exclusively toward recruiting activities. Here are six tips to help.
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HR on autopilot: Can you feasibly automate all your human resource functions?
Insperity
JULY 27, 2017
Cloud-based HR software can automate formerly complex, time-consuming activities including: New hire paperwork, such as the I-9 authentication and reporting of right to work in the United States. For example, a company operating in a big state like Texas may not be accustomed to the HR complexities of hiring across state lines.
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5 HR Options for Small Companies: Which is Right for You?
Hppy
SEPTEMBER 30, 2022
At some point, you’ll need to create an HR department that focuses on payroll, recruitment, and workplace culture. 89% of HR professionals agree that conducting ongoing performance management is more effective than yearly reviews. Hiring a Single Employee HR Department. Hiring a Virtual Assistant to Assist With HR.
Best HRIS systems for small businesses
HiBob
OCTOBER 17, 2024
Human resource information systems ( HRIS ) empower HR teams to automate and streamline essential HR functions, save time on admin work, and focus on strategic initiatives that drive growth. Prospective users are encouraged to conduct their own research to make the best decision for their organization.
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Crushing the paper ceiling: How skill-based hiring elevates talent
Insperity
FEBRUARY 13, 2024
In today’s competitive business landscape, the traditional hiring process is evolving rapidly. One approach gaining traction among forward-thinking business leaders is skill-based hiring. What is skill-based hiring? Adaptability and Agility : In today’s rapidly evolving business landscape, adaptability is key.
3 Hidden HR Compliance Risks Every SMB Should Know
Extensis
OCTOBER 16, 2023
With so many tasks on their to-do lists, small business leaders understandably may not be aware of the multitude of intricate compliance risks facing their organizations. However, employers must be aware of laws pertaining to its usage. For example, employers in New York City must obtain a “bias audit” for all automated decision tools.
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Recruiting College Graduates: How SMBs Can Succeed
Extensis
APRIL 25, 2022
Quick look: Millions of college students graduate each year – but that doesn’t mean recruiting them is easy. The working world as we know it has changed drastically and employers are planning on hiring 26% more graduates this year compared to last. 10 tips for recruiting college graduates. New grads in the “new normal”.
4 Small Business HR Challenges PEOs Can Solve
Extensis
NOVEMBER 30, 2024
Luckily, professional employer organizations (PEOs) specialize in helping these companies not just resolve problems but perform better than before. This Small Business Saturday, review small employers’ top HR challenges and how a trusted PEO partner can guide and empower them every step of the way.
The Tech Your Clients Need (But Aren’t Currently Using)
SwipeClock
JUNE 6, 2024
Did you know that more than 500 professional employer organizations (PEOs) and nearly 6,000 payroll service providers and administrative service organizations serve employers in the U.S.? With so much competition, it’s important to gain an edge and stand apart in the industry.
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SHRM’s 2023-2024 State of the Workplace Report: All Eyes on Talent and Technology
Extensis
MAY 15, 2024
Quick look: SHRM’s recent State of the Workplace Report highlights how HR leaders are focused on balancing past employee recruiting challenges with responsibly handling an AI-centric future. 25% of HR departments already use AI AI has arrived and infiltrated nearly every industry , and in many cases, the technology has worked out well.
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How Advancements in Technology Are Impacting HR
HR Daily Advisor
NOVEMBER 5, 2018
With obvious benefits such as automated workflows and streamlined processes, it may come as a surprise that 28% of HR executives claim to see no need for such advanced technology. Source: ipopba / iStock / Getty. In fact, organizations using cloud computing rose from 68% in 2016 to 73% in 2017. The Cloud Powers Everything.
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Best HR software for small business
HiBob
OCTOBER 21, 2024
Prospective users are encouraged to conduct their own research to make the best decision for their organization. HR software helps HR leaders at small businesses to manage key tasks like hiring , onboarding , payroll, and performance management —all in one place. What is HR software for small businesses?
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Why Your Employee Experience Should Be Part of Your Growth Strategy
Kazoo
SEPTEMBER 20, 2018
This starts with working to optimize your business processes, outsourcing and automating where you can, so that you can keep overhead low and maximize efficiency. Hiring a professional employer organization (PEO) to perform your administrative and day-to-day HR tasks is a great example of this. Better Retention.
Your HR budget: 6 line items to prioritize right now
Insperity
NOVEMBER 14, 2023
These include: Recruiting Hiring Onboarding Compensation Benefits Training Software and other technology Administrative costs It’s always good practice to re-evaluate your budget allocation and all line items routinely. At any time, recruitment, hiring and onboarding often are unwieldy processes with many moving parts.
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5 ways a PEO can serve as a strategic partner for midsize businesses
Insperity
AUGUST 1, 2023
There are many misconceptions about professional employer organizations (PEOs). Once businesses reach the 50-employee threshold , expand into other states and municipalities or hire remote employees who reside elsewhere, they can be subject to more legal and regulatory complexities.
What is Interview Bias and How Can Your Business Avoid It?
Extensis
JANUARY 9, 2023
Quick look: Interview bias isn’t always obvious, sometimes even a casual discussion can lead to an unfair hiring process. Here, we explore the many types of interview bias, eight tips employers can follow to give every candidate a fair chance, and how a PEO can help businesses stay impartial, diverse, and successful. Be consistent.
Navigating Emerging Benefit Trends: 7 Ways Brokers Are Controlling the Pace
Extensis
MARCH 28, 2024
Benefit and HR trends are continuously evolving, causing business leaders to increasingly seek broker advice as they refine their approach to recruiting and retention. Engaging with other professionals is also helpful as it provides additional insight into emerging trends and inspires creative benefit solutions.
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