small business

Human Resource Headlines and Guidance

Posts in small business
21 Thursday Sep 2017

Three HR Issues Every New Business Needs to Consider

Newly formed businesses and startups may be tempted to bypass Human Resources in favor of other business units, like marketing, sales, finance, etc. After all, if they’re newly formed, they probably don’t have many employees yet anyways, so why worry about HR at that point? Well, here are three HR issues that every new business needs to consider.

Employee classification

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06 Wednesday Sep 2017

What Makes a Modern Payroll Service?

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 the payroll burden, covering aspects of payroll from start-to-finish. That means that – in addition to payroll administration, direct deposits, paycheck distribution, wage garnishments, etc. – they’ll also:

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13 Thursday Jul 2017

Benchmarking HR Spend – and How to Improve It

Previously, we wrote about the growth stages of a small business, illustrating how the priorities and challenges facing an organization shift as it grows and matures. Something else that changes along the way: how much money or resources to devote to various business segments, like HR. The answer to that question is different for every company, but even within a single company, it can be a moving target. It’s particularly challenging when you consider the following two points:

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22 Thursday Jun 2017

The Impact of Professional Employer Organizations on Business Growth Potential

Professional Employer Organizations (PEOs) are for more than just employees. PEOs are designed to get employers out of the employer business, so that business owners and executives can focus their energies entirely on core, revenue-generating activities. But with the emphasis on transactional and legal responsibilities, it’s sometimes easy to forget the business outcomes that PEOs can help produce. 

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18 Tuesday Oct 2016

What Woman- and Minority-Owned Businesses Need to Know

Small businesses and start-ups owned by women and minorities can face some steep hurdles in the marketplace – sometimes shockingly so. Consider this: according to a White House fact sheet, fewer than 3% of companies that receive venture capital funding have a female CEO. Fortunately, small businesses helmed by women, minorities and other disenfranchised groups do have potential access to some resources to help overcome intrinsic disadvantages like that venture capital funding issue. Read More »
07 Wednesday Sep 2016

Why are Small Businesses Being Targeted with Penalties and Lawsuits for their Retirement Plans?

A new trend has emerged in government oversight of retirement plans like 401(k)s, and it’s not good news for small to midsize business owners. In fact, this couldn’t come at a worse time: a 2015 survey found that 67% of small business owners (SBOs) plan to increase their company contribution to employee 401(k) plans; and 30% of SBOs who don’t offer retirement plans currently, plan to do so in the future. Read More »
16 Tuesday Aug 2016

Balancing Small Business Ownership with a Family

One of the biggest challenges facing any small business owner or entrepreneur has nothing to do with their business: it’s making sure their personal, non-work lives and relationships can still thrive despite the amount of time and energy they pour into their work. Here are some tips to help foster healthy family relationships. Read More »
04 Wednesday May 2016

20 Record-Keeping Tips for Small Businesses

We are a civilization swimming in information. By 2020, the digital universe will contain as many digital bits as the physical universe contains stars. Doubling in size every two years, the data we create and copy annually will reach 44 trillion gigabytes. Read More »
13 Wednesday Apr 2016

Gamification in Small Business

Game mechanics, or gamification, is very popular in business circles right now. It’s easy to dismiss as just the latest business fad, particularly given that the name itself seems to suggest something light-weight. Read More »
16 Wednesday Mar 2016

Get Your Small Business Staff to say ‘Thank Goodness It’s Monday’

Would it surprise you that many people find work less stressful than home life? "When we looked at the difference between home and work in terms of their cortisol levels — that biological marker of stress — we found that people's cortisol levels were significantly lower at work than they were at home," researcher Sarah Damaske told NPR. Read More »