Back to the Future
Today, October 21st, is the day that Marty McFly traveled from 1985 to the year 2015.
Are we driving flying cars? No. Do we all have hover boards? No. But a lot has changed since then. Here’s a look at just a few differences in the world of Human Resources.
In 1985, Human Resource outsourcing and PEO’s were still a relatively “new idea”. Since that time, PEOs have evolved into full service providers of employment services including comprehensive benefit packages, risk management, legal compliance and a wide variety of human resources services. As the world of regulatory compliance has gotten more complex, and technology has expanded, the business world has shifted. Business owners in 2015 are seeing the many advantages of outsourcing their Human Resource needs, so that they can focus on their core business processes.
HR Strategies was originally founded in the early 1980’s under a different name as a personnel company; it was not until the late 1980’s that the service model switched to that of a Professional Employer Organization (PEO). Today we have grown into a full service PEO; our service solutions enable our clients to reclaim time, stabilize and reduce labor costs, increase employee productivity, and improve morale while increasing employee retention.
Here’s a look at just a few other HR items that have changed since 1985:
1985 Minimum Wage 2015 Minimum Wage