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CoAdvantage’s Definitive Guide to Workplace Culture, Part 1: What is it, and How Does it Impact You?

Workplace culture can be an abstract concept, but it’s something that has very tangible impacts. As a result, it’s important for business leaders to have a good grasp on the culture of the workplace and, if necessary, take specific actions to improve it. In this three-part series, we will look at what workplace culture is,[…]

Maintaining Work-Life Balance in Small Businesses

The Bureau of Labor Statistics has reported that 7.8 million Americans work more than full time, with 4.8 percent of the participating workforce working more than full-time: an average of 47 hours per week. How can small business owners and their employees maintain a healthy work-life balance when their business demands so much time from[…]

HR Outsourcing: How a PEO Can Help Businesses in IT

Information technology (IT) is booming. The IT sector represents a quarter of the S&P 500 index, with growth forecasts at 5% globally – and possibly pushing as high as 7%, reports CompTIA. IT spending is expected to hit $4.8 billion in 2018. But with robust growth and spending come significant challenges. For IT, staffing is[…]

4 Reasons Why Startups Use PEOs

A professional employer organization (PEO) is a natural fit for startups because PEOs can offer access to enterprise-grade HR services for organizations whose time, money, and expertise are scarce and high-value. Specifically, a startup working with a PEO delegates employee management functions – like payroll, benefits, retirement programs, insurance benefits, etc. – without losing control[…]

A Dozen Things You Can Do Right Now to Reduce the Stress of Managing a Small Business

Running a small business is stressful. A survey from Bank of America found that, for business owners, managing a small business is more stressful than maintaining a relationship with their spouse or even raising their kids. In fact, managing stress is a key component of running a business over the long-term, because otherwise owners risk[…]

Is Your Business Staying on Top of 2018’s Biggest Employment and Labor Law Issues?

Employment law, with all its multi-layered intricacies and complexities, can be difficult to administer. Further complicating the legalities of running a business, new challenges can arise unexpectedly – such as these four employment law issues that have grown increasingly important in 2018. Is your company staying on top of them? Workplace harassment. The #MeToo movement,[…]

Does Your Business Have an Emergency Response Plan?

Most small business owners have no written disaster recovery plan, according to a survey conducted by Harris Poll on behalf of Nationwide Insurance. Despite the fact that small businesses account for more than 99% of all companies with employees and provide nearly 45% of the nation’s payroll, most businesses are unprepared for unexpected disasters. That[…]

5 Ways Small and Midsize Businesses Can Strengthen Their Hiring Process

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[…]

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.[…]