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How to Handle Loosing Your Star Employee Without Losing Your Customers Too

How to Handle Losing Your Star Employee Without Losing Your Customers Too

CoAdvantage – Sometimes individual employees can be more critical to a business than may be immediately apparent. For example, many businesses rely on ongoing, established customer relationships that flow through individual account managers. Alternatively, a company may hire star salespeople who leverage their own extensive personal networks to make new sales. In these cases, the
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Evaluating Your HR Needs for 2023

Evaluating Your HR Needs for 2023

CoAdvantage – As the old year rolls over into the new, it’s a good opportunity for businesses to take stock and prepare. For HR teams, that means taking some time to understand where the challenges of 2022 – market disturbances, labor shortages, and more – have left them and what they need to do to
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Why PEOs Are Superior to Any Other HR Service Provider

Why PEOs Are Superior to Any Other HR Service Provider

CoAdvantage – Getting help with HR is almost always a smart decision, especially from small-to-midsize businesses who stand to gain from economy-of-scale pricing and service delivery. What’s not so clear is what kind of HR service to choose. Businesses have a wealth of options these days for HR services. Professional Employment Organizations PEOs are an
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2023 HR Outlook & Trends

2023 HR Outlook & Trends

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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2023 HR Outlook & Trends

How to Keep Up with Growing HR Workloads When Budgets Don’t Keep Pace

CoAdvantage – Many HR departments find themselves in a difficult situation: budgets are not increasing as fast as their workloads. TechTarget reports that HR budgets and headcounts are even contracting slightly (0.2% to 0.4%) at some organizations, while HR workloads are increasing by an average of 9%. This creates a Catch-22 situation: HR departments must
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What's the Difference Between Reskilling and Upskilling?

What’s the Difference Between Reskilling and Upskilling?

CoAdvantage – Skills are an enormous concern for employers. The ability to reliably produce effective and successful work rests on having the necessary technical (hard) and soft skills. Right now, it’s harder than ever for employers to find skilled workers. As a result, concepts like “reskilling” and “upskilling” are a big focus for HR teams
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Two Critical People Management Issues Specific to Small Businesses

Two Critical People Management Issues Specific to Small Businesses

CoAdvantage – Managing employees is always one of the most challenging aspects of running a business, no matter the industry or company. That said, management issues can be particularly acute for small-to-midsize business owners, who often face difficulties that don’t affect enterprise-sized organizations. While a small business can have advantages over larger companies in many
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