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Best Practices for Incorporating Mentoring Into Your Growing Business
Is your small business actively mentoring new hires and freshly promoted workers? If not, you could be missing out on an important employee development tool. By adopting mentorship programs in the workplace, you can welcome new mentees, provide useful feedback, and...
Best Practices for Incorporating Mentoring Into Your Growing Business
Is your small business actively mentoring new hires and freshly promoted workers? If not, you could be missing out on an important employee development tool. By adopting mentorship programs in the workplace, you can welcome new mentees, provide useful feedback, and...
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The Benefits and Drawbacks To Using CalSavers for Your Small Business
While CalSavers offers a convenient way to help employees invest in their retirement, there are some drawbacks to this program as well. Find out more about the advantages and disadvantages of using CalSavers at your company.
The Dangers of Overstaffing
Because of the war for talent, there is a shortage of skilled workers for many positions. In response to the labor shortage, some companies deliberately try to hire extra workers to ensure they have enough labor. However, there is also a danger of overstaffing. If you...
Why Labor Is Directly Correlated to Your Profitability
As a small business owner, your direct and indirect labor are directly related to how profitable your company is. If you aren’t efficiently using labor, you won’t be able to produce the goods and services your clients need. To learn more about the connection between...
Navigating Growth Plateaus as a Small Business: Crossing the Black Hole
Many businesses focus solely on revenue growth, but this approach carries many downsides. Growing revenue only matters if it helps you add to your company’s profits. Sometimes, companies increase revenue without considering the added labor costs incurred. Once...
HR Compliance Update | October 23, 2024
FEDERAL UPDATES Federal Contractors – Minimum Wage (eff. 1/1/25). The DOL announced that the minimum wage for federal contract workers subject to Executive Order 14026 will increase from $17.20 to $17.75 per hour starting January 1. Contracts entered into, renewed,...
Labor Productivity: Understanding Labor Productivity for Sustainable Growth
“It’s crucial to hold your most valuable people accountable to high-value tasks, not just busy work.” In episode #121 of Mission to Grow, the Asure podcast that serves as small business owners’ guide to cash, compliance, and the War for Talent, Greg Crabtree, Partner...
10 Tips for Managing a Labor Shortage
Since the baby boomers, there simply haven’t been enough births to keep up with every retirement. As a result, small businesses are struggling to find qualified employees for every open position. By adopting a few tips and strategies, you can improve your company’s...
Top 10 Payroll Mistakes to Avoid
Avoid the frightening reality of payroll mistakes. Payroll management is a critical function for businesses of all sizes. Accurate and compliant payroll processing is essential to ensure employees are paid correctly and on time while avoiding costly mistakes and...
The Benefits and Drawbacks To Offering Unlimited Paid Time Off
The war for talent is only going to continue for the foreseeable future. Thanks to changing demographics and the retirement of baby boomers, there are fewer workers available to fill open positions. In an effort to track in-demand, highly skilled employees, many...
HR Compliance Update | October 9, 2024
STATE/LOCAL UPDATES California: The deadline for the Governor to sign this year’s legislation was September 30. He vetoed some proposed new laws, such as regulation of AI in employment (but encouraged the legislature to make some changes and try again next year),...
Should You Be Tracking Unlimited Paid Time Off?
Almost 1 out of 10 companies offer unlimited paid time off (PTO). To successfully offer this policy, your company must learn how to manage and track it. With proper tracking, you can ensure that you’re meeting your compliance requirements and that workers get an...
Building An Employer Brand: How Small Businesses Can Use Marketing to Attract and Retain The Best Talent
“People distrust perfection. The more authenticity you can show, the more people connect with your brand. No one wants to do it themselves—they want to see the care and quality you put into your work, and that's what attracts them to you.” In episode #122 of Mission...
Why Career Journey Support Can Help You Compete for Talented Workers
Are you helping workers achieve their career goals? If not, you could be missing out on a powerful HR tool. A career journey isn’t a path that contains a defined end. It includes rich learning experiences, detours, and opportunities for growth. Beyond enriching the...
Countdown to Compliance: Preparing for the FLSA Salary Threshold Increase on January 1
Update as of November 15, 2024: FLSA Salary Threshold Increases Blocked Nationwide. Read More As the year comes to a close, there’s a major change looming on the horizon for employers across the United States. Starting January 1, 2025, the minimum salary for most...
Why the Labor Shortage Will Only Continue
In the United States, there are currently 8 million available job openings. However, there are only 6.8 million unemployed individuals who can fill these openings. The limited supply of labor is a problem for employers. Unfortunately, this labor shortage is only...
Proactive HR vs. Reactive HR: Avoid Unpleasant Surprises for Your Small Business
Outsourcing HR tasks can set small businesses up for success. For small businesses, managing human resources can be a juggling act. With limited staff, tight budgets, and evolving regulations, HR can often feel overwhelming. The key to managing it effectively—and...
How To Win the War for Talent: Navigate a Tight Labor Market
In the war for talent, the right HR practices can determine whether you can hire and retain the best workers or not. Thanks to changing demographic trends, finding top-quality workers isn’t as easy as it was a few decades ago. By making a few changes to the way you...
The Future of Work: How Small Businesses Can Compete in a Labor Shortage
“Everything that you can rethink and where you can be creative, I would encourage you to do so because first of all, it sets you apart from the rest. And secondly, it allows you to tap into underutilized parts of the workforce.” In episode #120 of Mission to Grow, the...
How To Implement an Unlimited Paid Leave Policy
While unlimited paid time off (PTO) policies are a relatively recent invention, they have quickly caught on. By 2023, 8% of organizations offered unlimited PTO. Thanks to the tight labor market, that number is likely to keep growing. Unlimited PTO can boost your...
Unlimited PTO: The Positives and Negatives of Unlimited Paid Time Off
“If you're managing your time and saying to yourself, if I get X, Y, and Z projects done, I feel like I can take a week's vacation next month…. I think that empowers your employees.” In episode #119 of Mission to Grow, the Asure podcast that serves as small business...
What Is Unlimited Paid Time Off?
Today, almost 1 out of 10 workplaces offers unlimited paid time off (PTO). Among knowledge workers, this type of job benefit is especially common. In studies, 62% of employees who have unlimited PTO say they have a healthy work-life balance. However, only 53% of...
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