Most small business owners have no written disaster recovery plan, according to a survey conducted by Harris Poll on behalf of Nationwide Insurance. Despite the fact that small businesses account for more than 99% of all companies with employees and provide nearly 45% of the nation’s payroll, most businesses are unprepared for unexpected disasters. That
-> Continue reading Does Your Business Have an Emergency Response Plan?
Half of small and midsize businesses (SMBs) cite hiring new employees as the top challenge facing their business, according to the Wasp Barcode 2017 Small Business Report. And as a company grows, so do its recruitment challenges. Fortunately, SMBs can take definitive steps to improve their hiring process. Here are five of the best: 1. Do your due
-> Continue reading 5 Ways Small and Midsize Businesses Can Strengthen Their Hiring Process
Is the traditional annual raise worth it? According to research from the Society for Human Resource Management (SHRM), the top 8% of workers saw an average of 4.8% base pay increase, versus only 0.9% (or less) for the lowest performing 9% of workers. But even a 5% raise isn’t necessarily much. The median household income
-> Continue reading Rethinking the Annual Pay Raise
More than half of organizations will be hiring in 2018 – but still at a slowing rate. According to the LinkedIn 2017 Global Recruiting Trends Report, over half (56%) of recruiters say their hiring volume will increase in the next year. However, that represents a drop of 5 points over the past two years, and challenges remain.
-> Continue reading The 2018 Human Resources Trends to Keep an Eye On
Newly formed businesses and startups may be tempted to bypass Human Resources in favor of other business units, like marketing, sales, finance, etc. After all, if they’re newly formed, they probably don’t have many employees yet anyways, so why worry about HR at that point? Well, here are three HR issues that every new business
-> Continue reading Three HR Issues Every New Business Needs to Consider
The 2017 U.S. Workplace Bullying Survey from the Workplace Bullying Institute (WBI) reveals that a fifth (19%) of American workers are bullied, and another 19% witness it. Perhaps even worse is the fact that employer and coworker reactions can compound the situation: 71% of U.S. employers and 60% of coworkers react to the bullying in ways
-> Continue reading Three Strategies to Help Employers Address Workplace Bullying
HR isn’t really necessary, is it, when you only have a handful of employees? That’s a question that many startups and newly formed small businesses ask themselves. They have limited resources: every bit of capital needs to go to their revenue-generating product or service; and with only a small team of employees, time is always
-> Continue reading Hindsight is 20/20: 3 Startups That Really Should Have Invested in HR
The right technology investments can help drive growth for small business owners (although employees sometimes need some convincing). According to a new study from SAP SE, one-third of small-to-midsize businesses are “well under way in applying technology to connect people, devices and businesses.” The same study also hinted at the reason why: the same companies also saw
-> Continue reading Technology That Helps Small Business Owners Drive Growth
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