Is This Your Situation: Considering HR Outsourcing
Outsourced HR services are designed to streamline functions, reduce expenses and help meet your firm’s operational goals. You may hire a third party to oversee some or all of your HR functions, including onboarding, employee benefits administration and talent acquisition. Outsourcing is a partnership between your company and the outsourcing firm — sharing business liabilities […]
Managing High Employee Turnover
It is generally accepted that a small business is one that employs fewer than 500 people. The Small Business Administration defines a small business by the revenue generated. That amount is between $1 million and $4 million annually. These businesses may be small, but they are mighty. In fact, almost all businesses in the U.S. […]
Moonlighting: When an Employee Is Collecting Two Paychecks
Given the popularity of working remotely, the rising cost of living and wages not keeping pace with inflation, it’s no wonder that many employees are working two jobs to make ends meet. While it is technically legal, there are ethical questions for employers to consider. If someone is collecting two paychecks, employers would want to […]
Staying Power: Employee Retention Through Stay Interviews
High-performing workplaces such as Google, IBM, Nissan and Starbucks are among a growing list of organizations that have benefited from having their employees participate in stay interviews. Traditionally, most companies conduct only two interviews: the hiring interview and the exit interview. By the time a company is ready to complete an exit interview, it’s too […]
The Rise of High-Paying ‘New-Collar’ Jobs
While a college degree was once seen as a guaranteed means of upward mobility, today young people are questioning its value, especially considering rising tuition costs and the long-term debt associated with it. Major corporations such as IBM and Accenture have taken notice and have eliminated bachelor’s degrees in favor of hiring based on an […]
How Small Businesses Are Managing Employee Burnout
A recent study found that employee burnout is at an all-time high, with 66% of American workers reporting having some degree of burnout in an already stressful workplace. What is clear is that there is a generational divide, with more young people experiencing burnout than among previous generations. The threat of artificial intelligence taking over […]
How To Stop Competition From Poaching Your Employees
Poaching is such a widely accepted business practice that more than 70% of hiring professionals admit to having done so. While poaching is not illegal, there can be legal ramifications. This may be the case if an employee is lured away to a competitor even though they signed a noncompete agreement that prohibits them from […]
Cross-Training and Upskilling: Building a Stronger Workforce
The job market is at a crossroads. Many companies are facing the challenges of talent shortages along with the disruptive effects of artificial intelligence. At the same time, employees are seeking ways to develop professionally in their careers. Cross-training and upskilling have become vital for organizations to stay ahead of this trend by making sure […]
Should You Offer Home Office Stipends?
Your employees want to make their workspaces at home efficient and comfortable. Remote work stipends can cover that. You determine what’s eligible. A stipend can cover a laptop, bookcases, lighting, coffee, electric and utility bills, toilet paper, coworking space fees, learning and development perks, and even music and podcast subscriptions. A work-from-home stipend is in […]