HCM Blog

A growth hacker’s guide to effective, compliant workforce management

Understanding How Employee Life Cycle Impacts Your Productivity

Understanding How Employee Life Cycle Impacts Your Productivity

As a small business owner, you need to understand how an employee’s productivity lifecycle works. From the start of an employee’s career to its end, the ratio of labor cost to profit significantly changes. By understanding how this lifecycle shifts and how to track...

The Dangers of Overstaffing

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

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...

Why Career Journey Support Can Help You Compete for Talented Workers

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...

HR Compliance Update | October 23, 2024

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,...

Why the Labor Shortage Will Only Continue

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...

10 Tips for Managing a Labor Shortage

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...

How To Win the War for Talent: Navigate a Tight Labor Market

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...

Top 10 Scary Payroll Mistakes to Avoid

Top 10 Scary 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 Future of Work: How Small Businesses Can Compete in a Labor Shortage

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...

The Benefits and Drawbacks To Offering Unlimited Paid Time Off

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...

How To Implement an Unlimited Paid Leave Policy

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...

HR Compliance Update | October 9, 2024

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),...

Unlimited PTO: The Positives and Negatives of Unlimited Paid Time Off

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...

Should You Be Tracking Unlimited Paid Time Off?

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...

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