CoAdvantage- Your small business is at higher risk of identity theft than you realize. Why would someone steal the identity of a business entity? The thieves can use the business’ credentials to open lines of credit, purchase high valuable resaleable goods, make a tidy profit, and then disappear. In fact, it’s often easier to gain[…]
We write regularly about the impact of utilizing a Professional Employer Organization (PEO) on employers, detailing the ways a PEO can generate cost savings, business advantages, and peace of mind for business owners. But what about the impact of a PEO on workers? How does a PEO partnership work? First, let’s define the relationships here.[…]
The most successful HR teams are those that keep their eyes on the future. As the pace of change in the world accelerates (more on that point below), HR leaders must keep abreast of newly emerging areas that can affect not just the workforce but the larger business outlook for their organizations. But just what[…]
Another year, another tax season! We’re back with more tips and pointers to help relieve you of some of the possible tax concerns you might face this time of year. Double-check how much to pay in estimated taxes. If your business is required to make quarterly estimated tax payments (most do), make sure you’re paying[…]
Who holds the moral reins at your organization? If you can’t answer that question, you’re running a terrible risk. Ethical and legal dilemmas are par for the course at any successful company. The question is not if you will face them, but what will you do when you do. In fact, handling tricky ethical issues[…]
“Microlearning” means undertaking training modules (usually self-directed) in very short but frequent bursts, versus the longer but less frequent classes associated with traditional training. The idea has taken off among online training providers because it’s perfectly suited to their style of delivering education. They argue that “microlearning” is the perfect answer to a number of[…]
The job market remains strong. Job growth is expected to continue into 2019 at a modest but solid 2.5% rate. According to economist Michael Feroli of JPMorgan Chase, even if monthly job growth falls from over 200,000 (this year) to about 160,000 in 2019, the unemployment rate will stay at it’s near-50-year low. Now for[…]
Next-generation recruitment is already here. Technology is playing an increasingly prominent role in recruiting activities, and employers are pleased with the results they’re seeing. According to the Randstad Sourceright Talent Trends Report, 71% of executives say that technology has made recruiting simpler and more efficient, 76% say it helps them to make smarter hiring decisions,[…]
Over a period of six months in 2015, the city of Kirkland, WA completely revamped its health benefits for city employees, drove up engagement with the program to 70%, and cut hundreds of dollars in city costs per employee per month. “We were what you would characterize as a Cadillac tax plan,” Kirkland human resources[…]
In Part 1 of this series, we tried to define workplace culture and understand its impact on the workplace, employees, and business outcomes. In short, good culture produces good outcomes. But how do you know if your culture is good or bad? In Part 2, we examined the red flags that could indicate cultural problems.[…]
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