National PEO Week: What is a PEO and How Can It Help?

Posted on May 23, 2023June 7, 2023 by CoAdvantage

CoAdvantage – National PEO Week is a great opportunity for small to medium-sized businesses (SMBs) to learn more about the benefits of professional employer organizations (PEOs). Managing human resources and compliance in-house can be a time-consuming and complicated process. With the help of a PEO, businesses can consolidate these aspects of their operations – including
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2023 HR Outlook & Trends

Posted on January 10, 2023January 10, 2023 by CoAdvantage

CoAdvantage – The business world has been tested over the past few years, and 2022 has been no exception. The year has seen significant upheaval for businesses facing the first major interest rate hikes in years, ongoing labor challenges, and considerable geopolitical instability. As always, HR is at the frontlines finding ways for businesses to
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PEOs Vs. Online Cloud-Based (SaaS) HR Services

Posted on November 10, 2022November 10, 2022 by CoAdvantage

CoAdvantage- Online, cloud-based, software-as-a-service (SaaS) platforms that focus on a specific HR function (like payroll) are incredibly popular today, especially for small and midsize businesses that need some help executing one or more HR tasks. These online service providers are often relatively low-cost and effort to start using, but they are also typically limited to
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How Should You Prepare for HR Outsourcing?

Posted on June 1, 2022June 1, 2022 by CoAdvantage

CoAdvantage-If you are considering outsourcing some or all HR functions, or are considering expanding your outsourcing, do yourself a big favor and do some prep beforehand. This preparation does not have to be extensive or onerous – most reputable HR partners or Professional Employer Organizations (PEOs) are very good at picking up from almost situation
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What Technologies Make the Biggest Difference in Human Resources

Posted on April 12, 2022April 12, 2022 by CoAdvantage

CoAdvantage-Digitization and the adoption of leading technologies is fueling transformation in the workplace. It’s no wonder: well-executed technology implementations can yield dramatic efficiency and performance gains. According to consultancy group McKinsey & Co., organizations that focused on updating and transforming business operations during the pandemic have significantly improved efficiencies, accomplishing outcomes in 10 days that
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How Digital Transformation Supercharges HR Performance

Posted on March 9, 2022March 9, 2022 by CoAdvantage

CoAdvantage- We’ve previously written about “world-class HR,” which is a term coined by consultancy firm The Hackett Group to describe the top 10% highest performing human resource organizations. These HR teams have eye-opening performance statistics that justify the description: on average, they see see 41% lower labor costs, 59% fewer involuntary terminations, 22% fewer days
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Making smarter business decisions goes beyond having good data. It means understanding how to organize, structure, and analyze that data to make the right calls. Here is why workforce analytics is the new must-have HR skill

Why “Workforce Analytics” Is the New Must-Have HR Skill

Posted on September 2, 2021September 2, 2021 by CoAdvantage

CoAdvantage- Workforce analytics – sometimes also called people analytics or talent analytics – means applying Big Data principles and practices to workforce-related data. In “Workforce Analytics 101: Your Top Questions” introduction to this subject, we wrote: “[Workforce analytics] means using existing data and statistics to generate insight into, and make evidence-based decisions about, HR issues
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4 Fundamentals for Building a Better Workplace Culture

Is Artificial Intelligence (AI) Transforming the Face of HR?

Posted on August 3, 2021August 3, 2021 by CoAdvantage

CoAdvantage-Yes, argues HR management consultant Josh Bersin, suggesting that technology and artifical intelligence are completely changing how HR functions. In a paper published earlier this year, he suggests that “new user interfaces and AI-enabled agents” are transforming how employees interact with HR. He calls this trend the “disappearing HR system.” In other words, the process
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6 Resources for HR Managers and Small Business Owners

Posted on May 4, 2021May 4, 2021 by CoAdvantage

CoAdvantage- HR is a fast-moving and challenging field that can be overwhelming, especially when non-HR people are handling HR tasks (as is the case at startups and small businesses where the owner often handles many HR-related activities personally. Where can you find information and support for managing the wide array of HR duties – payroll,
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6 Ways to Simplify HR Administration in Your Workplace

Posted on March 3, 2021March 3, 2021 by CoAdvantage

CoAdvantage- Complexity in HR is a hot – and complicated – topic. HR leaders say that their HR administration has grown significantly more complex over time: “Being a competent HR professional has become increasingly complex,” say researchers from the University of Michigan’s Ross School of Business, Brigham Young University, and Utah State University. That growing
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Category: HR Technology