Knowing how strong an impact your HR team has on your company is a key indicator of how successful your organization may be down the road. Learn five ways of measuring your HR’s effectiveness so you may better plan ways of expanding your business. Efficiency  It’s essential you measure how efficient your HR department is…

17A substantial number of small business owners have no formal strategy for retaining their employees. Many owners react by offering a pay raise or promotion when an employee gives notice that they’re leaving. If the employee decides to stay, it costs your business more money, and the worker typically leaves in six months because the…

Helping your business prosper means restructuring at times. Learn how to restructure your organization with minimal disruption for maximum effect. Align Business Structure with Strategy  It’s essential you align your business structure with your strategy. For example, if your goal is increasing sales and marketing results, focus on those areas during your restructuring process. This…

Budgeting shows you where your company’s money is coming in and going out, which helps you make more effective business decisions. Therefore, it’s important you properly estimate your revenue and expenses, so you avoid an income deficit and/or spending surplus. Here are four common budgeting mistakes to avoid, so your business continues prospering. Overestimating Revenue…

Because HR handles the majority of your employee issues, it’s important you manage your staff appropriately. Here are four areas you’ll want to focus on to ensure HR keeps your business operating smoothly. Recruiting & Training  HR needs to create strategies for hiring top talent for each position. Pros determine what skills and experience are…

Coaching helps develop your employees as valued members of your organization. Find out how you can implement coaching in your small business, and why it’s essential for growing your bottom line. Steps to Coaching Your Employees  When coaching your team members, remember that mutual trust is required for positive and corrective feedback. Otherwise, your advice…

As important as succession planning is for every business, very few companies successfully create and implement such a plan. Find out what a succession plan entails, why it helps your organization, and how you can implement one now. What Is Succession Planning?  Succession planning is the process you use for recruiting and developing employees for…

As an HR manager, it’s important you stay on top of all aspects of business. Here are four things you must have to remain a valuable asset to your organization. Human Resource Information System  A human resource information system (HRIS) is an application that processes and organizes data related to HR functions. Users may input…

Onboarding fulfills many purposes within your organization. Your new hires not only learn the skills and information necessary for fulfilling their responsibilities, but also learn to become productive workers who remain with your company longer. Find out how to effectively build an onboarding program that benefits your new employees as well as your business. Expand…

As a business owner, payrolling can be one of your most time-consuming responsibilities. Even the smallest error may result in IRS fines or potential lawsuits. Don’t spend any more of your valuable time processing payroll. Outsource your payrolling tasks to Innovative Employee Solutions instead. Timekeeping  Timekeeping can be tedious work. You have to determine exactly…