Paycor surveyed 2,600 leaders of medium and small businesses (your clients and prospects) to find out what they are thinking at the close of the year and how they’re planning for 2021.
Paycor delivers these insights to our broker partners to help you better understand what your clients need from you at this critical moment. Here’s an executive summary of the report. For more, click on the download button at the bottom of the page.
Part 1: Benefits
A majority of your clients and prospects (86%) are concerned about mental health in the workplace, but nearly half (45%) are “not sure” how benefits can address these concerns.
Part 2: The Finance/HR Relationship
Roughly 40% of respondents agreed that HR and Finance are working more closely together as a result of the pandemic. However, HR tends to believe their work is contributing more to the bottom line than Finance does.
Part 3: Remote Work
At the close of the year, we see a large minority (44%) of companies describing the transition from office to remote as a primary focus. Thirty percent of respondents say their remote teams are actually more productive than they were in the office.
Part 4: Compliance
A majority of your clients and prospects (60%) predict their business will be more concerned about compliance in the next 12 months.
For more insights into what your clients and prospects are planning for the new year, download the full report.