CoAdvantage- 2020 is not taking it easy on anyone. It’s brought concerns about catching a potentially deadly disease or catching it and passing it on to loved ones. Concerns about job stability. Having to work from home in situations that might not be ideal, or having to come into work and worry about health risks.[…]
CoAdvantage- Payroll is challenging, difficult, tedious, and – above all else – time-consuming. But getting payroll service right is critical. That’s especially true at small and mid-size companies where executives must wear many hats; owners and managers only have so much time in the day. The Bank Of America Business Advantage Spring 2019 Small Business[…]
CoAdvantage- In the first part of this series, we talked about how employers can start dealing with the economic downturn now facing the U.S., especially if it continues to get worse. We presented three key tips: re-skill the current workforce, base business decisions on good data, and focus on gaining efficiencies. But there’s another dimension[…]
The U.S. just had a historic quarterly fall in GDP at a 32.9% annualized rate. That’s worse than even during the Great Depression. According to Bloomberg, U.S. workers filed an additional 1.4 million applications for unemployment insurance in the week ending July 18. That’s double the worst week of the Great Recession. As employers prepare[…]
In our series on the outlook for 2020, we’ve identified the biggest HR trends, like workplace flexibility and an evolving role for HR organizations; and we’ve discussed some of the biggest issues facing small businesses, like recruitment challenges. But what about HR outsourcing trends specifically? What’s new or important for companies that outsource some or[…]
We recently outlined the biggest HR trends for 2020, noting how HR’s role is shifting (from transactional to advisory), how businesses are adapting (emphasizing employee experience and workplace flexibility), and what challenges are looming (hiring and skills development). But what are the trends and challenges facing small employers specifically? Recruiting Remains A Major Challenge The[…]
Change management is one of the most difficult endeavors to undertake at any organization because human nature resists change. For that reason, when Human Resources needs to institute or oversee some kind of change, HR leaders will want to do everything they can to facilitate the organization’s ability to accept and integrate the changes. That[…]
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[…]
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[…]
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[…]
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