Employee morale may seem to be an intangible quality, but it can have an effect on profits and productivity, both of which are measurable. In fact, lost productivity from disengaged employees costs the American economy hundreds of billions of dollars a year due to factors like increased absenteeism and more frequent illness. Keeping...
We've been enticed with visions of a "paperless office" for 30 years, and yet there seems to be more paperwork than ever. Aside from the costs of buying paper and printing, it has to be shipped and eventually archived or disposed of, further increasing costs. Human resources (HR) processes are especially...
When your new business takes off, it's an exciting time, yet your responsibilities continue to increase, even as you hire new people to handle certain tasks. In any business, human resources (HR) tasks can demand a lot of time and attention. You have to ensure your payroll, taxes, and benefits...
Most companies have an idea what big data is, but haven't yet learned to tap its full potential. Current business intelligence (BI) practices are time-and-labor intensive, and can't deliver predictive results. BI mainly consists of after-the-fact analysis that produces weekly reports, end-of-the-month summaries, and fiscal year-end data sheets. By hiring...
If you are considering working with a Professional Employer Organization (PEO) to take over many of the labor-intensive human resources tasks necessary to run your business, you may wonder what to expect. You can expect lower costs, lower risks, and increased confidence in knowing that payroll, taxes, workers' compensation, and any...
