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The Hidden Costs of Wage Compression

Do your employees feel valued? If not, they may start looking elsewhere for work. Today, one of the surest ways to make your workers feel undervalued is wage compression.  In many workplaces, wage compression has become the “silent killer” that’s destroying company culture. Here’s what you need to know about wage compression and how you […]

The State of HR in Small Business — Fragmented, Inefficient, and Not Strategic

Running a small business is tough. You have to wear a lot of hats, and HR is often one of them.  In many cases, HR duties are dispersed among various team members, including office managers, internal accountants, general managers, and even business owners themselves. This fragmentation often results in inefficiencies, a lack of strategic direction […]

Are Remote Workers Here to Stay?

Since the 2020 pandemic, Zoom has been synonymous with the remote workforce. But now, even the video conferencing giant is asking its employees to shut down their webcams and return to the office — at least on a hybrid basis.  Zoom is just one of many American companies pushing for a return to the office, […]

The Hidden Costs of Payroll and How to Make It More Efficient

For every $5 of your cash outflow, nearly $1 goes to your payroll, according to recent research from JPMorgan. But lurking behind this figure may be hidden costs that could be taking a bite out of your business. These hidden costs can include the cost of multitasking, the cost of office space, the cost of upkeep, the cost of mistakes, and the cost of turnover.

Why Your Organization Should Pre-Screen Employees

Hiring a new employee can be a major change for your organization. New team members will change the landscape of their department and potentially shift your company’s culture. All these changes can make employers and hiring managers apprehensive. If the person isn’t the right fit or can’t handle the job they’re hired to do, it […]

“The Big Stay” and What It Means for Small Business HR

Not long ago, HR managers were wringing their hands over the “Great Resignation,” wherein large swaths of workers quit their jobs in search of greener pastures. But now there is a new trend on the horizon – ‘The Big Stay.’ It seems workers are finally staying put. As of March 2023, the monthly quit rate […]

Employees Are Frustrated, and It’s Impacting Productivity and Retention

Employee engagement is vital to maintaining a productive and happy workforce. If your employees aren’t engaged, you’ll see lower levels of job satisfaction, more absences, and poorer retention levels. Lack of engagement can dampen your company’s reputation and lead to smaller profits. According to a 2023 Gallup study, over half of employees are unhappy with […]

Your Employees Want Childcare Benefits

When it comes to benefits to offer your employees, there are a lot of options — health care and dental plans, a company-sponsored 401(k) and vacation time. However, there is one benefit that is highly sought after but often overlooked — childcare assistance.  The cost of childcare is increasing dramatically, and more parents are considering […]

Leveling the Playing Field: How HRO Can Help Small Businesses Thrive in a Big Business World

Small businesses often find themselves facing a challenging David-and-Goliath scenario, particularly when it comes to attracting and retaining talent. According to a 2022 survey from Goldman Sachs, 42% of small business owners have lost workers to a larger company that offers better pay. This statistic underscores the critical role that human resource outsourcing (HRO) can […]

The Relationship Between HR and Accounting

On this week’s episode of Entrepreneurship Uncovered, Gabby Luoma, CEO of Mod Ventures, interviews Clint Parry, Business Development Manager at Focus HR, to discuss the important relationship between HR and Accounting in Blue Collar businesses. The conversation covers topics such as the challenges that arise when HR and Accounting don’t work together effectively, the benefits […]

FAQs of HR Outsourcing

According to a 2020 small business survey, roughly 70% of entrepreneurs are devoting more time to administrative tasks than they are to their core business. Moreover, 45% of small business owners estimate they spend roughly 1 day a week or more on administrative human resources (HR) issues. Outsourcing HR is just one way to get […]

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