To determine the appropriate salary for your new hires and employees, start by setting a range for how much an employee in each position should be paid. The salary range can be based on your expectations and the amount of past work experience that you expect a new hire in that position to have. Consider the following tips. Do your research. To attract and retain top talent, your salary range … [Read more...]

We're different people coming out of the pandemic than we were going in. Our values have shifted — we're more aware of our families and how work can either deter us from fully experiencing our lives or help us do so. Especially now, it's incumbent on you to let your employees know what your company's values are so that they know what's important to you and your firm. You very likely have … [Read more...]

According to a 2020 study by Upwork, "By 2025, 36.2 million Americans will be working remotely, an 87% increase from pre-[COVID-19] pandemic levels." While many businesses expect to stay fully remote, a great many others are taking the hybrid road. In the LaSalle Network's 2021 Office Re-Entry Index survey, business leaders were asked how they believe their workforce will be modeled 12 months … [Read more...]

Like other HR branches, offboarding is evolving drastically. Offboarding is no longer about creating a list of administrative tasks and checking all the boxes. These days, offboarding can help you: Identify recruiting strengths and weaknesses. Detect onboarding problems. Spot employee turnover issues. Measure the departing employee's perception of the company. Keep your brand and … [Read more...]

The numbers paint a bleak picture: Almost half of all Americans would struggle to pay for an unexpected $250 expense, according to the October 2020 Marketplace-Edison Research Poll. Nearly one in four Americans has no emergency savings, and another 26% have less than three months of savings, per a December 2020 report by the Life Insurance Marketing and Research Association … [Read more...]

Regardless of whether your first payroll involves a few employees or many, the goal is to execute payroll in an accurate and compliant manner. Here are some steps to help you manage your first payroll. Get an EIN and perform the necessary state registrations. Obtain an Employer Identification Number from the Internal Revenue Service. If required, register with the state department of revenue … [Read more...]

1. Know who you want, then pursue them quickly. Ultimately, it comes down to this: What does the role require? And who is best suited for it? Even if the open position is identical or similar to others in your company, remember that no two people are exactly alike — even if they share similar backgrounds, values, traits, qualifications, and job duties. Therefore, you'll need to determine … [Read more...]

Tom Brady won the Super Bowl — again. What are you going to do? If seeing Brady make an end zone run at the age of 43 guilted you into renewing your gym membership, you know that motivation to better oneself can come from many places. Maybe we can do a bit of motivation as employers. On the heels of one of the most difficult years in a generation, setting and keeping wellness goals might be … [Read more...]

Along with being required by law, pay equity promotes an environment in which employees believe they are being fairly rewarded for their work. Pay equity is also crucial during recruiting, especially when employers are vying for talent in a tight labor market. By conducting pay-equity reviews, you can determine whether your compensation practices are lawful, fair and competitive. The first … [Read more...]

Time theft reportedly costs U.S. employers over $400 billion yearly in lost productivity. Further, in a survey by Software Advice, 43% of hourly workers admitted "to exaggerating the amount of time they work during their shifts." To prevent time theft, employers are utilizing biometric time clocks. According to the Software Advice survey, biometric time clocks seem to be the best way to prevent … [Read more...]