Focusing on Growth and Value Over the past several years, the Professional Employer Organization (PEO) industry has focused intensively on value generation. That’s what employers want; for example, 80% of employers indicate that their recruitment strategy should emphasize value creation over cost savings. Four out of five recruiters are aiming for their work to have[…]
CoAdvantage- Too many organizations are too disorganized when it comes to compensation strategy. 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[…]
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[…]
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[…]
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[…]
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.[…]
Outsourcing payroll is a long-standing tactic for enabling business owners to ensure their people get paid on time while reducing errors. But what makes a good, modern payroll service provider in the digital age? And, for that matter, has your provider kept up with the times? First, the basics: the service should relieve employers of[…]
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[…]
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