“Nothing we do is more important than hiring and developing people,” General Electric COO Lawrence Bossidy once said. “At the end of the day, you bet on people, not on strategies.”

HR outsourcing can produce great results for your company, but it has to be used properly. One of the services companies want to outsource the most is payroll processing and that often results in a business owner making the mistake of partnering with a payroll service.

HR outsourcing gives small- and mid-sized companies access to HR experts who can relieve administrative burdens. But finding the right experts for your business at affordable costs presents challenges.

Companies unfamiliar with HR outsourcing may question the value of it. However, tangible gains come from working with a Professional Employer Organization (PEO). While ignoring HR outsourcing may not show up on your bottom line as lost revenue or saved costs, there are very real opportunity costs.

Employees have high expectations, especially when it comes to healthcare. Having a competitive health care package helps you attract top talent and reduce turnover.

Offering benefits might seem optional for a company, but offering the right benefits is a crucial way to attract and retain top talent. You won’t be able to develop a strong company culture without it. Benefits reduce employee stress levels and makes your company a better place to work. Some employees even value good benefits […]

Are you needing to hire a new employee? Whether it’s to replace somebody who quit or to expand your staffing to meet new needs as your company grows, hiring can be an expensive proposition. As of 2019, for example, the cost of hiring an external headhunter averages $20,283. Doing everything in-house also incurs costs. Think […]

It’s mandatory for non-exempt workers under the FLSA to record their time — both for legal reasons and so they are paid fairly. However, there is more debate on whether salaried employees should also keep timesheets if they are exempt. There are several advantages and disadvantages to having even exempt employees keep timesheets; the key […]

Paid time off (PTO) has gained popularity and replaced the older model of vacation and sick days. It gives employees the flexibility to use their paid days off as they please. A WorldatWork report found that 90 percent of businesses felt that it was essential to offer employees PTO. While rare, some companies have begun […]

Employers who have a high turnover rate must spend money consistently recruiting, hiring, and training new talent. Providing a retirement plan is one of several strategies companies employ to retain talent. The specific advantages of offering a retirement plan to employees depend on whether the retirement plan is qualified or non-qualified.