Small business owners who try to do it all – grow their business, improve their product or service, and handle HR – can easily find themselves overwhelmed and uncertain if they’re adequately attending to everything. Are you genuinely keeping abreast of HR issues in your company? Here are five questions you must be able to[…]
Too many organizations are too disorganized when it comes to compensation. They make compensation-related decisions in a haphazard manner that (1) discounts applicable laws and regulations, (2) obscures whether their approach to compensation generates appropriate ROI, and (3) makes compensation and payroll management unnecessarily difficult. This kind of ad hoc approach to compensation often results[…]
Former U.S. President Theodore Roosevelt once said, “People ask the difference between a leader and a boss. The leader leads, and the boss drives.” Are the management staff in your organization leaders or bosses? The answer makes a difference to the bottom line. As with employees, some leaders are better than others; and much like top[…]
Half of small and midsize businesses (SMBs) cite hiring new employees as the top challenge facing their business, according to the Wasp Barcode 2017 Small Business Report. And as a company grows, so do its recruitment challenges. Fortunately, SMBs can take definitive steps to improve their hiring process. Here are five of the best: 1. Do your due[…]
A number of major companies have recently reduced or ended their telecommuting programs. These include IBM, Yahoo!, Bank of America, Honeywell, and other major enterprises. Is this one-time rising star of a benefit suddenly crashing back down to the earth? Maybe, but there’s more to this controversial benefit than meets the eye. Employers usually offer remote working options to[…]
Is the traditional annual raise worth it? According to research from the Society for Human Resource Management (SHRM), the top 8% of workers saw an average of 4.8% base pay increase, versus only 0.9% (or less) for the lowest performing 9% of workers. But even a 5% raise isn’t necessarily much. The median household income[…]
More than half of organizations will be hiring in 2018 – but still at a slowing rate. According to the LinkedIn 2017 Global Recruiting Trends Report, over half (56%) of recruiters say their hiring volume will increase in the next year. However, that represents a drop of 5 points over the past two years, and challenges remain.[…]
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[…]
Terminating employees is the last thing any business owner or manager wants to do. It can be painful for everyone involved, regardless of the reason (layoffs, furloughs, termination with cause, and so on). Most people in this role, particularly in HR, are sensitive to the impact to the employee. Unfortunately, however, ending an employment relationship[…]
How does outsourcing compliance and risk management help employers? Most employers are unprepared for the risks and regulations that affect their business. The New York Times reports that two out of five small business owners have no business insurance at all. This may be due to cost; it’s hard to find good coverage at rates friendly[…]
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