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When Should Small Business Owners Stop “Doing it All”?

When we talk about the issues that plague small business owners, problems like recruitment and overregulation immediately come to mind. But could owners be making their own problems worse? According to a 2016 report from the National Retail Federation, most small business owners are extremely prone to trying to “do it all” themselves. The report[…]

Compensation Strategy Checklist

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[…]

Rethinking the Annual Pay Raise

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[…]

The 2018 Human Resources Trends to Keep an Eye On

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.[…]

Time is Money: The 411 on Outsourcing Payroll Processing

How does Payroll Processing help employers? A recent InfusionSoft survey found that “time to get everything done” is the single most frequently cited challenge faced by business owners. In small and mid-sized businesses especially, owners and executives often find themselves spending hours weekly (if not daily) on administrative payroll and HR functions instead of focusing on their[…]