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The Crazy, Quirky Perks Major Employers Offer Today

Most organizations offer employee benefits to remain competitive in the labor market: two-thirds of businesses cite difficulty in recruiting as a reason for increasing benefit offerings, according to the Society for Human Resource Management’s 2018 Employee Benefits Report. You’re probably already familiar with the usual suspects (retirement plans, health insurance coverage, etc.). Well, some employers[…]

11 Facts About Turnover

Turnover is a serious problem for many organizations. Losing employees means employers must search for, find, hire, onboard, and train a replacement – all tasks that cost money and time. In the meantime, productivity and possibly revenue may suffer. Turnover can also affect morale and engagement among remaining workers, which in turn can affect their[…]

What HR Functions Can You Outsource?

Human resources (HR) refers to far more than just one function. Your HR people handle a huge array of tasks and duties; that’s partly why HR can easily overwhelm small teams. Fortunately, it’s possible to outsource only individual pieces of your HR needs, when appropriate. Here are the most common HR functions that you can[…]

Is Employee Experience more Important than Employee Engagement?

One of the most interesting ideas articulated in Deloitte’s 2017 Human Capital Trends report is the idea of employee experience. Deloitte believes that employees are increasingly demanding a “holistic, end-to-end experience from their employers.” But what does that mean, and how might your organization address “employee experience”? What is “employee experience”? Given the links between[…]

The 4 Biggest Factors That Promote Employee Satisfaction

A satisfied, engaged employee is a productive one. One study found that an increase in job satisfaction was directly related to a 6.6% increase in hourly productivity. Other research has found that satisfied employees enjoy 31% greater productivity overall and 37% higher sales. Sometimes the effects of engagement and job satisfaction can even have unexpected[…]

How Much Time Do You Spend on Administrative, Non-Core Tasks?

How much time do you spend on non-core tasks? The answer is too much. Running a small business (and especially starting one) is becoming increasingly laborious. Nearly two-thirds of small business owners work more than 40 hours a week (and one-third work more than 50), according to the 2017 Bank of America Small Business Owner[…]

Tips for Transitioning into a PEO Relationship

So, you’ve decided to hire a Professional Employer Organization to help handle the employer side of your business. You’re not alone; the PEO industry has boomed over the last decade, and no wonder. PEO clients grow faster than average, have lower employee turnover than average, are more likely to be profitable, and have double the[…]

10 Reasons Companies Partner with a PEO

Outsourcing HR is the only way to get the employer out of the employer business. That enables them to get back to business instead of idling on staffing issues; it also means they can eliminate liabilities in terms of payroll taxes etc. as the Professional Employer Organization (PEO) partner becomes the employer of record. Here[…]

A Basic Checklist for Ensuring Your Compensation Strategy is Compliant and Effective

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[…]

20 Change Management Tips for Adopting New Technology

New technology frequently fails to live up to (often outsized) expectations. McKinsey and Company, working with the University of Oxford, found that on average, large-scale IT projects run 45% over budget, 7% over time, and deliver 56% less organizational benefits than expected. (For what it’s worth, the average benefits shortfall is much better when the[…]