HR ANALYTICS

Paychex's Pooled Employer Plan Boosts Growth by Adding 2,000 Companies in Three Months

Paychex, Inc | April 20, 2021

Paychex, Inc., the HR software and services provider that brings the power of convenience to more dynamic workplaces, revealed today that their Pooled Employer Plan (PEP) offering has added 2,000 clients since its launch.

The new Paychex PEP is proving to be an appealing choice for business owners wanting an easier, cost-effective plan option, both for themselves and their qualifying workers, in the short period since PEPs became available as a result of the SECURE Act. According to PLANSPONSOR magazine, Paychex has been the number one 401(k) recordkeeper in the world for the last ten years. The company was one of the first to introduce a PEP, among retirement plan providers. 

Employers can invest in a 401(k) plan managed by a Pooled Plan Provider with a PEP. The P3 serves as both the plan sponsor and the formal plan administrator, relieving employees with substantial fiduciary and managerial responsibilities. The PEP is particularly well-suited for small and medium-sized companies that could have recently been unable to provide a retirement package due to a shortage of cost-effective plan alternatives or the time or money required to handle complex plan administration. Besides, PEPs have a more feature-rich alternative to the increasing number of state-mandated retirement plan programs.

Benefits of the Paychex PEP include:

Cost savings opportunities:

• Paychex will administer the required independent financial audit for the PEP to comply with IRS and Department of Labor requirements, which can cost large employers between $10,000 and $15,000 annually

• Employers with 100 or fewer employees who did not previously offer a plan may also be eligible for potential tax credits up to $5,000 per year for up to three years ($15,000 maximum) to offset costs of starting and maintaining a retirement plan


• Reduced administrative tasks for the business owner by removing the need to contract with and monitor third-party fiduciary services providers.

• Reduced risk, as Paychex assumes many fiduciary responsibilities in its role as the P3.


• Potential for greater levels of efficiency by integrating Paychex payroll with the PEP.



About Paychex

Paychex, Inc. is a market leader in integrated human capital management systems for human resources, payroll, benefits, and insurance. Paychex enables small and medium-sized business owners to concentrate on development and management by combining innovative software-as-a-service technologies and a mobility network with devoted, personal service. Paychex, which has more than 45 years of industry experience, serves more than 680,000 payroll clients across more than 100 locations in the United States and Europe as of May 31, 2020, and pays one out of every 12 American private-sector employees.

Spotlight

According to careerbuilder's national survey, employers recently indicated that contingent hiring is expected to increase 10 percent over last year. With 31 percent of employers planning to hire contingnent workers by the end of the year, many organizations are making the strategic decision to outsource the management of their contingent workforce program. The benefits can be endless. if you are unsure of what your company needs, don't worry, may organisations are unsure about options within the staffing landscape. every organization is different. Companies using contingent workforce programs have different needs and program drivers.


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TALENT MANAGEMENT

CSC Las Vegas Selected by The New Dollar Loan Center to Provide Staffing Services

Contemporary Services Corporation | January 23, 2022

Contemporary Services Corporation (CSC), The Leader in Crowd Management & Employee Owned, is proud to announce a new partnership with The Dollar Loan Center located in Henderson, Nevada. The Dollar Loan Center is a 6,000 seat, world-class multi-purpose venue that was built on the site of the former Henderson Pavilion and is the home of the Henderson Silver Knights of the American Hockey League, the Vegas Knight Hawks of the Indoor Football League, and the Southern Nevada Sports Hall of Fame. In addition to hockey & football, The Dollar Loan Center will host a variety of events year-round, including but not limited to festivals, conventions, concerts and performing arts productions, high school and higher education graduations and events, community and civic events, and sporting events of all kinds with the Big West Basketball Championship being the first scheduled event March 8-12, 2022. CSC Las Vegas will be providing crowd management & security services under the direction of Jomo Henry, Director of Security and ticket takers, ushers, & guest services under the direction of Joseph Ralston, Director Guest Services. "our team is honored to be selected to join The Dollar Loan Center TEAM and as a team, we look forward to creating both a memorable & positive experience for all the fans, families, and guests who attend our events at The Dollar Loan Center." -Jay Purves, CSC Vice President of Nevada About Contemporary Services Corporation (CSC) - Contemporary Services Corporation (CSC) is recognized worldwide as the pioneer and expert in the crowd management field. CSC developed the concept of peer group security techniques, and through nearly five decades of continual refinement and evolution, CSC has successfully remained the leader in the crowd management and event security industry. Established in 1967, CSC currently operates over 50 branch offices throughout the United States and Canada. Experience includes crowd management services for over 150 stadiums, amphitheaters, and arenas, as well as nearly 100 universities, 45 convention centers, 9 NFL teams, 6 MLB teams, 7 MLS teams, 5 NHL teams, and 4 NBA teams. CSC has provided services for every type of entertainment and sporting event, including 31 Super Bowls, 6 World Series, 2 MLB All-Star Games, 7 NCAA Men's Final Four, 10 annual College Bowl Games, 5 NBA Finals, 10 Olympic Games, 5 Presidential Inaugurations, 4 Papal Visits, and 2 FIFA World Cups. Other relevant experience includes national music concert tours such as: U2, Beyonce, One Direction, Guns 'n Roses, Coachella Valley Music and Arts Festival, The PGA Championship, Houston Livestock Show and Rodeo, the US Open Tennis Championships, and the Indianapolis 500.

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HR STRATEGY

Wpromote Wins Glassdoor Employee's Choice Award, One of the Top 50 Best Places to Work in 2022

Glassdoor | January 15, 2022

Wpromote was named one of the top 50 Best Places to Work in 2022 and awarded a Glassdoor Employees' Choice Award across all industries in the U.S. small and medium company category. The 14th annual Employees' Choice Award is based solely on elective, anonymous employee feedback about their job, work environment, and employer on Glassdoor, the worldwide leader on insights about jobs and companies. We don't believe great work is possible without a supportive culture that prioritizes a strong-work life balance, Our people are the driving force behind our success as an organization and what we can achieve for our clients, and continuing to improve the way we work through employee feedback is a top focus. As a leader, this should be a no-brainer: a better work culture and investment in our employees' growth means people are more willing to try new things, take risks, and unlock their full potential. -Wpromote CEO Mike Mothner Between pandemic disruption, "The Great Resignation," and a hyper-competitive job market, both retention and talent acquisition are particularly challenging for organizations across every industry. Marketing agencies in particular have struggled to retain employees. But 95% of reviewers on Glassdoor are willing to recommend Wpromote to a friend because investment in workplace improvement and culture is not a brand new priority and is constantly evolving based on multiple employee feedback mechanisms, including an annual employee engagement survey. On Glassdoor, current and former employees voluntarily and anonymously share insights and opinions about their work environments by sharing a company review, designed to capture a genuine and authentic inside look at what a specific job may be like at a particular company. "The world of work is rapidly evolving, fueled by the pandemic and now millions of workers reevaluating their expectations from employers. This year's Best Places to Work winners are leading the way by listening and responding to employee feedback and reimagining the employee experience to truly put their people first, It's inspiring to see these employers step up during the pandemic to expand and grow company cultures where employees feel supported and valued in and out of work. Congratulations to all of this year's Employees' Choice Award winners." -Christian Sutherland-Wong, Glassdoor chief executive officer. Glassdoor's Best Places to Work were determined using company reviews shared by U.S.-based employees between October 20, 2020 and October 18, 2021. To be considered for the U.S. small and medium company category, a company must have had fewer than 1,000 employees and have received at least 30 ratings across each of the nine workplace attributes (overall company rating, career opportunities, compensation and benefits, culture and values, diversity and inclusion, senior management, work-life balance, recommend to a friend and six-month business outlook) taken into account as part of the awards algorithm. The final list is compiled using Glassdoor's proprietary algorithm, led by its Economic Research Team, and takes into account quantity, quality and consistency of reviews. About Wpromote Wpromote is a digital marketing agency that helps our clients Think Like A Challenger: from enterprise brands to fast-growing digital disruptors, we believe that the right marketing strategy can help every business connect with customers and drive profitable growth. With 6 offices across the United States, we help leading brands like Whirlpool, TransUnion, Zenni, Adobe, and Frontier Airlines achieve not just performance increases but success against overall business objectives by taking a holistic approach that combines best-in-class expertise and proprietary technology. As the top Performance Marketing Agency in the latest Forrester Wave, we're proud we don't answer to anyone's interests but our clients. About Glassdoor Glassdoor is revolutionizing how people everywhere find jobs and companies they love by providing deeper workplace transparency. Professionals turn to Glassdoor to research ratings, reviews, salaries and more at millions of employers, and to Fishbowl by Glassdoor to engage in candid workplace conversations. Companies use Glassdoor to post jobs and attract talent through employer branding and employee insights products. Glassdoor is a subsidiary of Recruit Holdings, a leading global technology company, and a part of its fast-growing HR Technology business unit.

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TALENT ACQUISITION

DHR Global Enters 2022 with a Bold New Brand Identity Focusing on the Power of Connection

DHR Global | January 14, 2022

Global talent advisory firm DHR (formerly DHR International) enters the new year with a brand refresh that includes a new logo, website, and marketing materials. New brand identity. Same trusted company. "We celebrated 30 years in 2019. It was a great time to take stock and reflect on how the organization has evolved. We've grown dramatically from a firm with two offices and 20 people to more than 50 locations across 22 countries, offering a full range of talent advisory services. And we're just getting started, Our new brand gives us a chance to put a fresh foot toward the future while keeping the tried-and-true values and mission on which we were founded." -Geoff Hoffmann, CEO, DHR. The refresh comes as the company continues its growth trajectory and furthers its commitment to clients, candidates, employees, and the communities it serves. DHR's brand promise, Always Connected, conveys its broad network, industry insights, and global collaboration to drive results for clients. As client leadership search needs have expanded, DHR also sought to connect its executive search and emerging search company, Jobplex under one brand visually. "With global reach and the high-touch customization of a search boutique, we continually express our commitment to excellence. And, at the heart of this progress has been our people and their ability to connect, Our research showed that our relationships and deep expertise are what sets us apart. The new brand reflects that our business is about the power of the connections we make." -Suzanne Jacob, CMO, DHR. Led by DHR's internal marketing team, the company worked with Finn Partners to develop the vision and creative direction for the refresh. About DHR Global DHR is a leading, privately-held provider of executive search, leadership consulting, and emerging leader search solutions in more than 50 markets spanning 22 countries. With expertise in more than 20 industries and functional areas, DHR pairs clients with resourceful consultants who have the most experience in their world. For more than 30 years, DHR has solved talent challenges by being connected, accountable, attentive, and prepared to hit the ground running to ensure clients have the best talent available.

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HR STRATEGY

WOW! Named One of Denver's Best and Brightest Companies to Work For

the Best and Brightest Programs | December 28, 2021

WOW! Internet, Cable & Phone (NYSE: WOW), a leading broadband services provider, was named one of Denver's Best and Brightest Companies to Work For® for the second consecutive year by the National Association for Business Resources (NABR). WOW! secured the regional award in Denver last year as one of the area's inaugural recipients and recently received national recognition as a 2021 Best and Brightest Company to Work For in the Nation®, winning the award for the eighth time and fourth consecutive year. The Best and Brightest Companies to Work For award is given to companies, like WOW!, that demonstrate dedication to maintaining an excellent employee culture, pioneering innovative and thoughtful human resource practices and going above and beyond to positively impact the lives of employees. As part of its focus on recognizing the value of its people, the company recently awarded shares of WOW! stock to all employees. This benefit is just the latest example of WOW!'s dedication to its workforce. WOW! is committed to continuously providing career development opportunities, offering competitive wages and benefit packages, as well as instilling and promoting a company culture of respect and excellence, values aligned closely with its core mission. "It's an honor to receive this award for the second time in Denver, where WOW! is headquartered, We're incredibly proud of our Denver employees' unwavering commitment to providing excellent service to customers and their constant dedication to embodying WOW!'s core values every day." -David Brunick, chief human resources officer of WOW! One of 17 companies receiving this recognition in Denver, WOW! was evaluated across the following categories: employee achievement and recognition, communication and shared vision, diversity and inclusion, employee enrichment, engagement and retention, work-life balance, compensation and benefits, community initiatives and strategic-company performance. WOW! has continuously demonstrated that its leadership and human resources practices positively impact the professional development and well-being of all of the company's employees. In response to the ongoing challenges of the Covid-19 pandemic, WOW! has remained committed to ensuring employee safety. Since the initial height of the pandemic, WOW! has made significant strides in nimbly navigating the future of work by implementing new procedures for virtual and remote work that allow all workers to feel safe and secure, while maximizing efficiency. "As the Covid-19 pandemic continues to reshape the workplace, our employees have shown incredible strength in adapting to these changes while continuing to provide exceptional service to our customers, Our record of achievement as a Best and Brightest Company demonstrates WOW!'s success in creating an excellent workplace in Denver, across local markets and on a national level, a record that we strive to uphold." -Teresa Elder, CEO of WOW!. About WOW! Internet, Cable & Phone WOW! is one of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business and wholesale consumers. WOW! provides services in 14 markets, primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Florida and Georgia. With an expansive portfolio of advanced services, including high-speed Internet services, cable TV, phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices. WOW! also serves as a leader in exceptional human resources practices, having been recognized eight times by the National Association for Business Resources as a Best & Brightest Company to Work For, winning the award for the last four consecutive years. About the Best and Brightest Programs The Best and Brightest Companies to Work For® competition identifies and honors organizations that display a commitment to excellence in operations and employee enrichment that lead to increased productivity and financial performance. This competition scores potential winners based on regional data of company performance and a set standard across the nation. This national program celebrates those companies that are making better business, creating richer lives and building a stronger community as a whole. There are numerous regional celebrations throughout the country such as Atlanta, Boston, Chicago, Dallas, Detroit, Grand Rapids, Houston, Milwaukee, San Diego and San Francisco.

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Spotlight

According to careerbuilder's national survey, employers recently indicated that contingent hiring is expected to increase 10 percent over last year. With 31 percent of employers planning to hire contingnent workers by the end of the year, many organizations are making the strategic decision to outsource the management of their contingent workforce program. The benefits can be endless. if you are unsure of what your company needs, don't worry, may organisations are unsure about options within the staffing landscape. every organization is different. Companies using contingent workforce programs have different needs and program drivers.

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