CoAdvantage- As outsourcing HR becomes more popular and more cost-effective – according to the National Association of Professional Employer Organizations (NAPEO), HR administration costs PEO clients an average of 25.7% less when compared to all employers – more and more companies are seeking good partners to handle many of their HR tasks. A critical element[…]
Documentation is armor against labor law litigation. “No matter what type of employment litigation is at issue, the amount of documentation an employer has dramatically increases the odds of prevailing in litigation,” writes litigation attorney Anthony Zaller in a blog post. Surprisingly, however, many employers neglect creating and retaining documentation outside of records specifically mandated[…]
CoAdvantage- Soft skills assessments are one of the most important trends that will define the future of recruiting. In fact, 44% of respondents to a survey by Adecco Staffing USA identified a lack of soft skills as the biggest proficiency gap in the U.S. workforce. Two-thirds of hiring managers would favor candidates with strong soft skills[…]
Employers already know that employee benefits are key to remaining competitive in the talent marketplace. But did you realize that specific benefits can have quantifiable impacts on employee retention and recruiting? MetLife’s 15th Annual (2017) U.S. Employee Benefit Trends Study identified four benefits that can significantly increase an employee’s loyalty to their employer – or,[…]
Newly formed businesses and startups may be tempted to bypass Human Resources in favor of other business units, like marketing, sales, finance, etc. After all, if they’re newly formed, they probably don’t have many employees yet anyways, so why worry about HR at that point? Well, here are three HR issues that every new business[…]
People just get so excited about technology. They’ll get hyped about the intended results: you’ll be able to predict the future with Big Data!! They’ll rave about specific functionality and its implications: you’ll automate X activity and save Y hours and Z thousands of dollars!! They’ll exclaim about the emergence of what they believe to[…]
At heart, human resources (HR) means the same things for any organization that work with employees: managing the employee lifecycle from hiring through termination or resignation, handling “transactional” activities like payroll and benefits processing, and developing strategies for optimizing the workforce. From there, however, HR’s role and activities can vary widely between large and small[…]
How has this year been treating small businesses? So far, the world of small business in the U.S. has been going well. “Job openings and plans to create jobs remain historically very strong,” says William Dunkelberg, Chief Economics of the National Federation of Independent Business. Business owners themselves agree: according to a CNBC survey, over[…]
CoAdvantage- Former U.S. District Court Magistrate Judge John Facciola says, “If your clients don’t have a records management system, they may as well take their money out into the parking lot and set it on fire.” He’s not wrong. Improper or inadequate recordkeeping can be devastating when businesses are hit by audits, investigations, or litigation[…]
The usual suspects of employee benefits – like retirement plans and health insurance coverage – remain critical to attracting and retaining top talent in today’s labor marketplace. But a new class of benefits also seems to be growing more important to a growing segment of today’s workforce. We’re talking about benefits that give employees flexibility[…]
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