The Cost Savings of Outsourcing Benefits Administration for Small and Medium-Sized Businesses
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  • Kimberly Prescott
  • Blog
  • March 31, 2025

The Cost Savings of Outsourcing Benefits Administration for Small and Medium-Sized Businesses

Running a small or medium-sized business (SMB) comes with a long list of challenges. One of the biggest? Managing employee benefits. From health insurance to retirement plans, benefits administration is not only time-consuming but also expensive. Many SMBs struggle with the costs of hiring in-house HR staff, staying compliant with regulations, and keeping up with ever-changing benefits options. That’s where outsourcing benefits administration can make a real financial difference.

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  • Kimberly Prescott
  • Blog
  • December 6, 2021

Looking Ahead at HR Trends in 2022

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A new year is upon us! The last two years have been anything but uneventful as businesses have learned to navigate in a pandemic. We’re ready to see what 2022 has in store for us all. As Human Resource professionals, we are always monitoring the latest trends and studies from experts in the industry. Continually educating and providing information to our clients is a top priority for our organization. We’ve rounded up some of the latest trends to look for in Human Resources in the coming years, according to what the experts are saying. Read more below!

The Great Resignation is Still Lingering

This past year has shown us that employees are becoming more selective with the companies they decide to work for. The Great Resignation refers to US employees quitting their jobs in droves in search of more fulfilling and valued work. Experts are predicting that this trend will continue into the new year and maybe even longer. Employers have to adapt to this changing landscape and understand that they are among many organizations that are hiring right now. Offering big perks to attract new talent, like remote work or better employee benefits, are going to help organizations stand out and keep their top talent.

Employee Health Will Continue to be a Priority

Employee health is being reimagined in a way we’ve not seen before. Not only are we prioritizing the physical health of employees, but we’re also seeing that organizations are strongly promoting that an employee takes care of their mental health and wellbeing as well. In the past, this was not something that employers felt they needed to take into consideration. However, with the widespread feelings of burnout that many employees have experienced during the pandemic, it’s been crucial for organizations to check in with their employees about their current mental health. 

Flex or Remote Work is Still Popular

One of the most fascinating aspects that organizations had to adapt to during COVID-19 was the transition to work-from-home or flex work options. Now that some organizations have returned to the office, they’ve found that some employees don’t want to return to in-person office environments. This is one of the trends we’re seeing this year that should continue into next year. Organizations have to be willing to be more flexible with work environments. Allowing your employees to be fully remote, or at least have some hybrid office opportunities, is going to be a trend we continue to see in the new year. 

Quality HR Services to Help Your Business Thrive in 2022

With the New Year just around the corner, now is the time to evaluate if your organization needs help with their Human Resources needs. If you need outsourced HR services, Prescott HR can help your organization thrive in the New Year. Our unintimated HR practices allow us to be focused and effective, providing your business with exactly what you need. Give us a call today at 443-351-8818 or contact us online.

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