Research by the Society for Human Resource Management (SHRM) show that average cost-per-hire is over $4,100 for most positions. The SHRM also found that the annual turnover rate is 19 percent and the termination rate is eight percent. Having an effective discipline policy is the best way to minimize hiring
Previously, we shared our thoughts on how outsourcing your company’s Human Resources department to a professional firm can save you money. Besides coordinating your employee’s healthcare benefits, payroll and retirement plans, the company can also recommend affordable solutions for each one. Below are some additional ways an outside Human Resources
Every entrepreneur is passionate about their business. Your love for what you do is what drives you to strive for excellence every day. However, there are many responsibilities – like human resources – that come with being a business owner that may not be as enjoyable. Luckily, many companies are
Forbes magazine gloomily states that 90 percent of startups fail. This could be because of imperfect products, poor planning and a lack of continuous improvement. Forbes magazine also states that successful entrepreneurs don’t work in their business, but on their business. An easy way to improve a company’s efficiency and
Is your business the kind off place where people want to work? How do you know if you have fostered a company culture that leads to happy and ultimately more productive employees? Here are a few questions to ask yourself. Does Your Business Foster a Culture of Contributing? A good
California Employers Must Grasp Various Criminal-History Restrictions – by Toni Vranjes New FEHC regulations related to criminal-background checks will take effect July 1 What criminal-background information can California HR professionals consider in the hiring process? There are a lot of guidelines, regulations, laws and proposals that California employers should understand,
The workplace that becomes dull and complacent soon fails to deliver good results. It is part of your job as a company leader to break up monotony with innovation. Creativity requires efforts and produces growth. Businesses that take advantage of the unique perspectives offered by its teams are the ones
Everyone hopes to be a good employee. Someone who is valued by their employer has a world of opportunities available to them and endless possibilities for their future career. But how do you know if your employer considers you to be a good employee? Here are some traits that make
One of the leading business magazine recently stated that approximately 85 percent of all companies outsource at least a few HR functions. Keep reading to learn the motivation behind this growing trend and how it will benefit your organization. Affordable Advantages The leading reason behind the switch from in-house HR
Today, we live in an increasingly work-oriented society. Longer work weeks, less downtime, and higher levels of career dedication are all characteristic of this working age. While this work ethic may have contributed to a more productive economy, it can be stressful, leaving workers wondering how to find a balance
