PEO Industry

Performance Reviews Part 2: How Technology Helps Engage Employees to Perform

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An employee success system, aka performance technology, is a tool that helps support goals, growth, and productivity, fuels engagement, and creates a sense of well-being for employees. The system should help your company systematically connect, measure, and empower the success of each employee, team, and unit in alignment with the overall goals and objectives of […]

Thought Leadership

A Guide to Hiring During Slowdowns

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While some companies have increased hiring coming out of COVID-19, others are looking to slow down hiring in 2023 until the economic forecast improves. A slowdown provides time to update the company’s image, reorganize recruiter reach out, revise hiring processes, benefits documentation, etc. Doing this now helps ensure you’re ready to hit the hiring gas […]

Employee Well-Being

What Research Says Employees Need From Their Leaders

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Concerning productive workers, numerous studies over the past two decades confirm that happiness matters when it comes to productivity. While it sounds simple, leaders must recognize that they are central to employees experiencing positive feelings, increased motivation, and engagement. This article references fundamental studies that leaders can draw from to help ensure employee happiness and […]

Compliance

What Employers Need to Know About Worker Classification

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Classifying an employee correctly makes a difference in how you pay them, what taxes are paid by who, and how you deduct worker-related expenses. An employer may pay an independent contractor and an employee for similar work, but there are important legal differences between them. Therefore, employers must accurately determine whether the people providing services […]

PEO Industry

What Does Co-Employment With a PEO Mean?

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Financial Services Companies have the potential to transform their business by outsourcing the heaviest HR burdens to a Professional Employer Organization (“PEO”). When RIAs, asset management, and fund companies work with a PEO, they enter into a co-employment agreement. The company becomes the client in a contractual agreement, and the PEO shares specific employer responsibilities […]

PEO Industry

Due Diligence and HR in M&A Transactions

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Inorganic growth via acquisition has become a proven way for companies to quickly scale and grow. Often, the company being acquired is a competitor with a proven record of success, revenue, and employee retention. The merger and acquisition (M&A) also may be due to a company wanting to consolidate or enter a new market. Whatever […]