Learn how to create competitive employee benefits packages for your small business. Discover essential benefits, cost-effective strategies, and legal requirements in this blog post. Remember when employee benefits meant a gold watch after 30 years and maybe a decent healthcare plan? Those days are long gone. Today’s workforce expects everything from mental health support to ...
Your employees are struggling financially, and it’s costing you more than you think. A 2024 Payroll.org study reveals that 77% of workers are living paycheck-to-paycheck, and 53% spend over 3 hours per week at work worrying about money instead of doing their jobs. In industries like construction, home care, and hospitality where labor shortages are ...
What if I told you that thousands of small business owners in construction, home care, and hospitality are leaving up to $16,500 in free government money on the table every single year? It sounds too good to be true, but it’s happening right now. While you’re grinding to make every dollar count, the government is ...
Protect your small business from costly HR violations with our comprehensive compliance guide. Learn 10 essential strategies, avoid penalties, and boost growth through proper HR practices. Small business owners face an unprecedented challenge in 2024: navigating an increasingly complex web of HR compliance requirements while trying to grow their companies. The stakes have never been ...
The outdated method of manually collecting employee data makes businesses vulnerable to errors, costing them time, money, and effort better spent elsewhere. It also creates opportunities for time theft, which, according to The American Payroll Association (APA) and Zippia, affects 75% of businesses, costing them up to billions annually. Thankfully, mitigating these risks is now ...
From the bottom line to top line, inflation is top of mind. For many, the last few years may have felt like an almost perfect economic storm for many small businesses. Inflation rates and resignation rates have been high in 2021 and 2022. Many employers were caught off guard by how many employees began to quit ...
Thinking About the Road Ahead: The first quarter of the year is when many people begin to plan out their goals and New Year’s resolutions of what they hope to accomplish the rest of the year. This requires them to reflect on their personal and professional goals, which leads to determining what their priorities ...
Mitigating Financial Risk: In an increasingly online—and thus instantaneous—world, businesses need to digitize processes as much as possible to keep up. Considering the critical importance of paying employees, perhaps no process is as ripe for digitization as payroll. Establishing electronic payment processing for your employees simplifies both your life and theirs, as it allows ...
The Challenge: Owning and operating a small business is incredibly rewarding, but it’s not without its challenges… Small business owners wear many different hats. Often, they play the lead role in many areas that larger companies have entire departments to manage. With so much individual responsibility, it’s easy to get lost in daily ...
In recent months, the economy has started to rebound from the COVID-19 pandemic. More jobs are opening up for those who are unemployed, and many people are taking the chance to switch careers, as well. As a company, all of this movement in the workforce can make it increasingly difficult to recruit top ...