News & Events

A record number of workers are quitting their jobs at record pace across America making it difficult for employers to hire and retain employees during the COVID-19 pandemic.

The Department of Labor Job Openings and Labor Turnover summary released Oct. 12, 2021, showed that nearly 3 percent of the labor force, some 4.3 million employees, quit their jobs in August.

If the COVID-19 pandemic, rising inflation, supply chain shortages, and tight labor market were not enough obstacles for America’s businesses, now comes “The Great Resignation”.

According to Forbes, the term “The Great Resignation” was coined by Texas A&M professor Anthony Klotz to describe a potential tidal wave of people leaving their jobs post-pandemic vs. returning to the “old normal”.

In a U.S. economy with record job openings and workplace experts predicting a post-pandemic turnover tsunami, partnering with a Professional Employer Organization (PEO) can help your company attract and retain top talent.

PEOs can help businesses, especially SMBs, in hiring and retention thanks to their ability to allow their employees access to benefits such as 401(k) plans; health, dental, life, and other insurance; dependent care; and other benefits typically provided by large companies.

Compensation studies are important tools that help businesses of all sizes, from Main Street to Wall Street, in the fierce competition for talent in an employee-centric market.

“Salary surveys are important enough that a full 80 percent of human resource professionals said they were consulting them in their business,” according to an article from Study.com.

The federal minimum wage rate has not been raised in 12 years, the longest stretch of status quo since the legislation was created in 1938, but Washington is currently debating more than doubling the $7.25 per hour rate by 2025.

The Raise the Wage Act of 2021 was introduced as identical legislation in January as H.R. 603 in the House and S. 53 in the Senate, and has been referred to the House Committee on Education and Labor and the Senate Committee on Health, Education, Labor, and Pensions.

When it comes to the beneficial services professional employer organizations (PEO) can offer your small and medium-sized business, outsourcing tasks like payroll management, tax reporting, and employee relations naturally comes to mind.

PEOs are also offering business owners an insurance lifeline by providing cost-effective and comprehensive healthcare coverage solutions through the offering of Master Health Plans.

The COVID-19 pandemic has touched every phase of the way we do business in 2020 and that includes issues such as your company’s PTO policy.

PTO (“Paid Time Off” or “Planned Time Off” or “Personal Time Off”) is a key benefit companies offer to employees to help with recruitment and retention.

In the best of times Open Enrollment can feel a bit like doing your taxes. You know it is an important task that needs to be completed, but it can be confusing, frustrating, and time-consuming.

Of course, 2020 is far from the best of times with the COVID-19 pandemic, so it may be harder than ever for people to focus on Open Enrollment. It is crucial that companies let their employees know how and when Open Enrollment will take place.

As the coronavirus pandemic enters its sixth month, more companies are embracing remote work as a necessary reality in the post COVID-19 economic landscape.

Outdoor company REI even announced Aug. 12 that it was going to sell its newly constructed 8-acre corporate campus before the first employees ever reported to work at the Bellevue, Wash. location.

One of the unfortunate realities of the COVID-19 pandemic is a historic number of Americans out of work since the public health crisis started.

U.S. government unemployment figures from August show that some 55 million workers have sought jobless benefits since mid-March.