HR/Benefits (126)
How Many Benefits Are You Providing?
- Monday, 22 February 2021
- HR/Benefits
- Written by Scott Koegler
As a small business owner, employee benefits are a critical component that you must take into account. The coronavirus pandemic has subjected employees to untold suffering, and acute financial stress never witnessed before. The financial issues originated from losses made by organizations. This has plunged many employees into poverty as more than 60 percent of employees were stressed about money while around 40 percent lacked adequate savings to cover their over $400 expense. As the pandemic bites, what you need to ask yourself as a small business owner is, how many benefits am I providing to my employees? For employees, financial benefits are important because it relieves them of pain such as the one we are now experiencing. However, even without the pandemic, one must ensure employees get employment benefits in different forms. Here are some financial benefit ideas that can help your employees:
Read more...Consider These 5 Strategies to Find Your Next Employees
- Monday, 11 January 2021
- HR/Benefits
- Written by Scott Koegler
Employee recruitment is one of the most effective ways of growing a small business. Getting the right group of employees enables you to serve your customers better and more, and even expand your production and reach. Although hiring can be a game-changer, it can also be challenging and can be a disaster to your organization if not correctly done. This is the case, especially for small business owners who have no experience identifying, interviewing, and selecting the best group of employees for the job. Apart from these, finding the right employees also need time and money, neither of which most small businesses have. While this can be the case, there are various strategies that you can employ to ensure you get the recruitment process right. Here are five strategies that you should consider when finding your next employees:
Read more...Find and Retain New Employees Even During a Pandemic
- Monday, 04 January 2021
- HR/Benefits
- Written by Scott Koegler
Happy and satisfied employees are crucial for the success of an organization. Although companies must find ways of retaining employees during their good times, employee retention means a lot during a time of crisis like the COVID-19 pandemic. With the pandemic that has led to various social distancing measures and slow down or closure of many businesses, maintaining and engaging staff offers a sense of stability and a feeling of trust by the organization. Here are some strategies that you should consider to find and retain new employees even during a pandemic:
Read more...Is it time to restructure your incentive program?
- Tuesday, 20 October 2020
- HR/Benefits
- Written by Danielle Loughnane
Within the last decade the shift from “living to work” to “working to live” has forced human resource departments to restructure their incentive programs to benefit their employees’ lifestyles. Companies encounter high turnover rates and fatigue when their benefits do not match their employees’ needs.
Read more...Employee Promotion - Internal or External?
- Wednesday, 07 October 2020
- HR/Benefits
- Written by Scott Koegler
Promotion is one of the human resource’s core tasks that determine the direction of an organization. As simple as it may sound, it is one of the difficult undertakings that keep human resource managers hoping that the decision they make will help the organization achieve its goals. The hardest part is choosing one person to fill a vacant position from a large stack of resumes from many potential applicants, some of whom have been within the organization and those who have never worked there but have impressive CVs. Which would be the best choice? The person who has worked within the organization doing a great job, working hard to help the organization achieve its goals or a new face with an impressive CV but has not worked within the organization and has not been tested before? The reality here is, you have all these options at your disposal. Here are the benefits of promoting employees internally that might help you make the right decision:
Read more...Preparing Non-Compete & Non-Solicitation Agreements for Your Employees
- Tuesday, 15 September 2020
- HR/Benefits
- Written by Danielle Loughnane
Many new businesses squirm at the idea of preparing and enforcing Non-Compete and Non-Solicitation agreements for their employees. The truth of the matter is that both legal documents are common especially in certain industries like the tech world. With data breaches happening regularly – a company must take precautions to protect their intellectual integrity.
Read more...Are You Minding These Payroll Issues?
- Monday, 24 August 2020
- HR/Benefits
- Written by Scott Koegler
Payment of employees is one of the seemingly easy tasks in an organization. Simple as it may appear, there are many mistakes that many people make that have ended up costing human resource departments in many companies. Payroll errors can cost organizations money but can damage their reputations as well. Here are some common mistakes that small businesses make and how they can be avoided.
Read more...Should you get a certification?
- Monday, 06 July 2020
- HR/Benefits
- Written by Danielle Loughnane
In certain industries certifications are mandatory to advance a person’s career further. In other domains certifications are a helpful tool in the pursuit to earn more money and obtaining a coveted promotion. Certifications look great on a resume and can help a candidate stand out from their competitors. Not everyone can obtain a certificate – it takes hard work and dedication – not to mention some certification are more expensive than others. Before registering for a certification course it’s important to weigh the positives and negatives. Is the amount of time and effort worth obtaining? Is the monetary benefit from the certificate going to more or less than the cost of the certificate itself?
Read more...US Paycheck Protection Program - A Forgiven Loan to Cover Employee Payroll Costs
- Thursday, 02 April 2020
- HR/Benefits
- Written by Scott Koegler
In the midst of the US version of the COVID-19 pandemic, the US government is offering loans to small businesses so they can pay their employees whether the business is in operation or closed down due to virus exposure concerns. The terms are extremely simple, requiring only the basic information about the business, number of employees, and average monthly payroll expense for 2019. View the information sheet below and follow the link if you want to apply. Applications for businesses open on Friday April 3 while contractors and freelancers can apply begining Friday April 10, 2020. The first paragraph is headed "Fully Forgiven" and seems like it may be the most interesting part of the offering.
Read more...Is It Time To Refresh Your Company Handbook?
- Monday, 23 March 2020
- HR/Benefits
- Written by Deborah Huyett
Standard operating procedure for the company handbook usually requires new hires to attest with a signature that they have read and understood the information within the handbook. We deliver the handbook, request their signature, and then retain the documents for our records. However, you have an opportunity to do more with this important business practice.
Read more...
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