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
-> Continue reading 4 Ways to Distinguish Hype from Reality in HR (or any) Technology
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
-> Continue reading 3 Ways HR is Different for Small Businesses than Enterprise Organizations
The Harvard Business Review reports that every year 10% to 15% of corporations must appoint a new CEO; yet research from Stanford University has found that only about half of boards have a specific successor in mind to prepare for such an event. It’s even worse at small businesses, where 58% of small business owners
-> Continue reading Tips for Successful Succession Planning at Small Businesses
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
-> Continue reading Small Business Trends 2019: Business Gains, Hiring Pains.
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
-> Continue reading Why Small Businesses Should Take Records Management Seriously
Long gone are the days of lifelong employee relationships ended only by retirement into generous pension plans. Today, the marketplace of workers is more fluid, flexible, and fast-moving than ever before. Yet, many companies feel unprepared to take advantage of new trends in talent acquisition, like the emergence of the so-called “on-demand” workforce. Only 9%
-> Continue reading FAQ: What is The “On-Demand” Workforce?
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
-> Continue reading Are Flexibility-Related Benefits the Key to Employee Satisfaction?
The U.S. National Cyber Security Alliance found that 60% of small businesses closed their doors within six months of an attack. That’s a shocking statistic, but it makes sense. Huge enterprises like Equifax, Capital One, and Yahoo! have the resources to weather the storm. Small and midsize businesses (SMBs) often do not. The major reason
-> Continue reading How Not to Lose Your Small Business After a Data Breach or Cyber-Attack
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