Latest news with #PEO
Forbes
31-07-2025
- Business
- Forbes
How PEOs Can Redefine Employee Benefits
Saket Chaudhari, Principal Software Engineer, TriNet Inc. My role as a principal software engineer with a leading professional employer organization (PEO) gives me direct exposure to the fast-paced changes happening in employee benefits platforms. When business requirements meet technological advances, organizations discover fresh possibilities to generate value for their customers alongside their workforce. For leaders who operate within the PEO space implementing an employee benefits system, the challenge is no longer just technical execution—it's aligning system decisions with evolving workforce expectations and regulatory demands. Small and mid-sized businesses (SMBs) use PEOs to attract top talent through enterprise-level benefits and for HR services such as payroll. A smooth, personalized benefits experience has become crucial for organizations operating in today's competitive labor market. By engaging with PEOs, businesses can access competitive health plan options, retirement plans and compliance support that are often out of reach with most smaller employers. However, as many in the PEO space have discovered, simply offering benefits alongside HR outsourcing is not enough. Employees increasingly expect intuitive, digital-first experiences. Employees appreciate having the ability to compare their benefit plans and access support from any location through their mobile devices. In this context, technology stands out as a strategic differentiator. A strategic approach to sophisticated software can help PEO platforms combine payroll processing with benefits administration and analytics support through a single unified portal that supports compliance. Key features that customers often look for include: Customizable Dashboards: Both employers and employees have the ability to rapidly assess essential metrics, including enrollment statistics, benefits usage and the status of compliance requirements. Self-Service Tools: The platform enables employees to manage their personal details and financial details and access learning materials through an intuitive interface or mobile application. Integration Capabilities: With prebuilt APIs, businesses can connect benefit platforms to other business and financial systems, streamlining workflows and reducing administrative workload. Advanced Analytics: Employers can make informed choices based on data when workforce analytics and reporting tools enable them to enhance benefit offerings and understand trends in employee needs. AI and data-driven insights serve as key drivers for emerging innovations in PEO technology. AI can help businesses deliver tailored benefit suggestions to employees while automating standard HR functions and forecasting future workforce needs by analyzing historical information and behavioral trends. Machine learning algorithms can help organizations to explore health plan offerings for different employee groups and assist with the proactive identification of potential issues. Looking ahead, enterprise workflows may be further reshaped by agentic AI systems—tools capable of independently performing tasks, learning from outcomes and adapting over time. This shift may power more dynamic and responsive experiences, from automated onboarding to real-time benefits troubleshooting and proactive guidance through complex benefit decisions. Strong collaboration between business leaders and technologists is essential for success in the PEO space. Business teams should define transparent objectives, which may involve increasing employee satisfaction levels, lowering administrative costs or entering new markets. Technology teams need to develop systems that maintain scalability and security while remaining intuitive and flexible enough to adapt to evolving business requirements. Practical examples of this partnership include: • Collaborative Design: The design process requires direct participation from end users like employers and employees to create platforms that serve real-world requirements. • Continuous Feedback Loops: Enhance the platform and develop new features by evaluating analytics data and obtaining input from users through an iterative process. • Industry-Specific Expertise: Technology enables the creation of customized solutions for various industries, including healthcare and financial services as well as manufacturing. I believe the companies that succeed in the evolving PEO landscape will be those that strategically use technology to create outstanding experiences for employees. Through investment in advanced analytics technology alongside AI automation and smooth system integrations, PEOs enable their clients to secure top talent while simultaneously optimizing costs and mitigating risks. For business leaders, the evolution of employee benefits will center around digital solutions powered by data and personalized for each individual. Technologists face both a challenge and an opportunity when developing platforms that transform this vision into reality. This communication is for informational purposes only, and is not legal, tax or accounting advice. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Globe and Mail
25-07-2025
- Business
- Globe and Mail
Automatic Data Processing to Report Q4 Earnings: What's in Store?
Automatic Data Processing, Inc. ADP is scheduled to release fourth-quarter fiscal 2025 results on July 30, before market open. ADP has a decent earnings surprise history, surpassing the Zacks Consensus Estimate in the trailing four quarters, with an average surprise of 3.5%. Automatic Data Processing, Inc. Price and EPS Surprise Automatic Data Processing, Inc. price-eps-surprise | Automatic Data Processing, Inc. Quote Automatic Data Processing's Q4 Expectations The Zacks Consensus Estimate for the top line is $5.1 billion, hinting at a 5.9% year-over-year increase. We expect gains across segments to have supported revenue growth. Our estimation for fourth-quarter fiscal 2025 revenues from Employer Service is $3.4 billion, suggesting growth of 5.7% from the year-ago quarter's actual. We expect business bookings to have fueled this segment's growth. We anticipate revenues of Professional Employer Organization ('PEO') services to be $1.6 billion, indicating 5.6% year-over-year growth. The factors likely to have driven this segment are higher wages and strong retention. Our estimate for Interest on Funds held for clients is $287.9 million, implying a 4% rise from the year-ago quarter's reported figure. Stronger average client funds balance growth is anticipated to have benefited this segment. Our estimate for Average Paid PEO Worksite Employees for the quarter is 762. Changes in Pay per control are anticipated to be 0.1% for the to-be-reported quarter. The consensus estimate for earnings per share is set at $2.22, indicating a 6.2% year-over-year increase. Strong top-line growth, along with disciplined cost control, is expected to have aided the bottom line. What Our Model Says About ADP Our proven model does not conclusively predict an earnings beat for Automatic Data Processing this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter. ADP has an Earnings ESP of -0.53% and a Zacks Rank of 3 at present. You can see the complete list of today's Zacks #1 Rank stocks here. Stocks to Consider Here are a few stocks from the broader Computer And Technology sector, which, according to our model, have the right combination of elements to beat on earnings this season. Seagate Technology STX: The Zacks Consensus Estimate for the company's fiscal fourth-quarter 2025 revenues is pegged at $2.4 billion, indicating a year-over-year increase of 27.5%. For earnings, the consensus mark is pegged at $2.46 per share, suggesting a more than 100% surge from that reported in the year-ago quarter. The company beat the Zacks Consensus Estimate in the past four quarters, with an average surprise of 15.7%. STX currently has an Earnings ESP of +2.34% and a Zacks Rank #2. The company is scheduled to declare fourth-quarter fiscal 2025 results on July 29. Apple AAPL: The Zacks Consensus Estimate for the company's third-quarter fiscal 2025 revenues is pegged at $88.9 billion, suggesting year-over-year growth of 3.7%. For earnings, the consensus mark is pegged at $1.42 per share, implying a 1.43% rise from the year-ago quarter's actual. The company beat the Zacks Consensus Estimate in the past four quarters, with an average surprise of 4.7%. AAPL has an Earnings ESP of +3.52% and a Zacks Rank #3 at present. The company is scheduled to declare third-quarter fiscal 2025 results on July 31. #1 Semiconductor Stock to Buy (Not NVDA) The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow. One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be. See This Stock Now for Free >> Apple Inc. (AAPL): Free Stock Analysis Report
Time of India
18-07-2025
- Time of India
Tribal man forced to carry dead daughter on trolley rickshaw
Balasore: A grieving tribal man was forced to carry his daughter's body on a trolley rickshaw for nearly 6 km due to financial constraints in Bindhani Sahi village under Baliapal police limits in Balasore district. The incident has sparked widespread outrage, with photos and videos of the body being transported on the trolley going viral on social media. The visuals have triggered sharp criticism over the alleged apathy of the police and local administration. According to reports, 19-year-old Nandini Bindhani died by suicide following a domestic dispute. She had reportedly left home in distress and was later found hanging in a nearby village on Thursday evening. Upon receiving information, Baliapal police reached the spot and seized the body. However, instead of arranging transportation for the post-mortem, police allegedly left the responsibility to the bereaved family. Madhu Bindhani, the victim's father and a daily-wage labourer, said he could not afford the Rs 1,200 required to hire an ambulance. Left with no alternative, he borrowed a trolley from a villager and transported his daughter's body to the Baliapal community health centre, located about 6 km away. However, Panimani Soren, the investigating officer in the case, claimed that it was Madhu Bindhani who expressed his willingness to transport the body on a trolley when no ambulance was available. In response to the controversy, collector (Balasore) Suryawanshi Mayur Vikas stated, "Upon receiving information about the incident, the tehsildar and BDO of Baliapal coordinated with the sarpanch and PEO of Deula to arrange a vehicle for the cremation." He said financial assistance of Rs 10,000 has been provided to the bereaved family under the Harishchandra Yojana through the Red Cross Fund.
Yahoo
21-05-2025
- Business
- Yahoo
HUB INTERNATIONAL LAUNCHES PEO CONSULTING PRACTICE
Employee benefits solutions for professional employer organizations to help streamline HR processes and ensure compliance CHICAGO, May 21, 2025 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today the launch of HUB PEO Consulting, a consulting practice in the U.S. to advise clients that are interested in working with Professional Employer Organizations (PEOs). PEOs provide a variety of outsourced human resources services functions, including payroll management, benefits administration, employment practices liability insurance (EPLI), workers' compensation and HR support. With increased regulatory oversight and competition, the role of PEOs in small and mid-sized businesses has never been more vital. PEOs provide critical infrastructure, technology, talent and resources that would otherwise be unattainable for most of these organizations. "HUB has national partnerships with select PEOs, which means our experts understand how important it is to partner with the PEO most suited for business success," said Linda Keller, Chief Operating Officer, HUB Employee Benefits. "Our PEO Consulting experts work with businesses to identify the right human resources solutions for their short- and long-term organizational goals." Carrie B. Cherveny, Esq., one of HUB's Employee Benefits Compliance Practice Leaders, has been named the National PEO Consulting Practice Lead. She has more than 15 years of experience as a Chief Compliance Officer, employment law and ERISA (Employee Retirement Income Security Act) attorney and was previously an In-House Counsel in a PEO. In her role, she will manage HUB's national PEO partnerships and strategies identifying opportunities to partner with PEOs, provide client strategy and guidance, and enhance the client experience. "By partnering with a PEO, companies are able to provide their employees access to high-quality, comprehensive benefits, minimize risk, stay on top of regulations, and minimize HR administrative tasks," said Cherveny, "As employers continue to face new complexities, PEOs become vital in navigating those complexities." HUB's PEO Consulting practice provides clients with the following services: A complete outsourced solution that includes employee benefits (health/ancillary), 401(k), payroll and payroll tax services, unemployment defense, workers' compensation and claims management and EPLI. A flexible solution we refer to as a PEO Hybrid, where the client may have the option to "carve out" its benefits, workers' compensation and/or EPLI but take advantage of all of the PEO technology, service, and infrastructure. PEO exit solutions to establish a company's own client-sponsored programs and payroll, which includes custom project plan development, support to maintain the project plan, tracking and managing open items log and coordinate meetings between the team, the vendor and additional third parties, as well as developing employee communications. For more information on the PEO Consulting practice, click here. About Hub InternationalHeadquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, visit Hub Media Center. MEDIA CONTACTS:Marni GordonPhone: Jessica WiltsePhone: View original content to download multimedia: SOURCE Hub International Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Politics
- Yahoo
Blast monitoring, better body armor in store for US special operators
TAMPA, Fla. — All U.S. special operators will soon wear concussion sensors as the services aim to better track brain health. Special Operations Command will begin fielding a blast exposure monitoring system next year. Officials who develop and procure all the gear that touches the body of an operator laid out that initiative and a host of other items they plan to upgrade or replace in the next few years here on Wednesday at the Global SOF Foundation Special Operations Forces Week conference. 'We're putting concussion sensors on every operator pretty soon,' said Adam Fields, product manager for Program Executive Office SOF Warrior's protection systems. The blast exposure monitoring system they'll need to track that data is planned to arrive over fiscal years 2026 to 2029, Fields said. Hegseth champions special operations as the force for today's threats At the same time, Fields and other leaders at the executive office will follow the practice of refreshing, or recompeting, contracts for specific gear every five years. That timeline means that this year the PEO is looking to replace the ground helmet and maritime communications accessories. Next year, they'll be looking at new gloves, ruck sacks, hard armor for their body armor kits, land communication accessories and a new coxswain helmet for boat crews. Farther out, their plan calls for replacing outer shell type environmental protection, think jackets and coats, especially for cold weather, in 2028. Also, in 2028 they'll be looking to replace or upgrade body armor vests. Within those replacements, they expect to field lighter body armor that will defeat armor-piercing rounds. They want the same protection out of lightweight ballistic helmets and add improved bump protection, comfort, stability and heat management. They'll also reach full fielding of the new casualty evacuation kit system by fiscal year 2026. Beyond personal gear, the team is also looking for autonomy and arctic kits for most all their ground vehicles, which range from the Joint Light Tactical Vehicle to the MRZR all-terrain vehicles. SOCOM is also in the process of swapping the MRZR-D for the MRZR-A. The 'D' version sports a diesel engine while the 'A' model uses the same base package but adds exportable power for charging and powering devices. Within those devices the PEO officials are looking at a series of new capabilities for their electronic gear and other items. Those include militarized USB-C connectors, increased energy density for next generation batteries, multi-spectrum signature reduction, flame resistant material for uniforms, sound localization in headsets and heated technology to protect against frostbite and other environmental factors.
