As a small business owner, I care about the cost of an employee. When we create a budget there are a lot of things to consider. Follow along as I calculate the cost of an employee… How Much Does an Employee Cost? The average employee cost is 1.25 times base salary. That’s roughly 25% over…
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Preparing for a career in recruitment? Trying to make sense of recruitment certifications? Recruiting and Human Resources professionals take surprisingly divergent routes. There really isn’t a recognized ‘right way’ to do it. Some enter the profession from a business management background. Others transfer from sales or even sociology. But if you’re starting out—as opposed to…
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Exploring Human Resources degrees? Which post-grad degree is best? You are probably weighing whether to get an MBA or MS in HR Management. (We will assume you have your undergraduate degree.) Both post-grad Human Resources degrees can help you advance to higher level Human Resources positions. The Employment Outlook For Human Resources Managers According to…
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The thriving hospitality industry includes hotels, casinos, resorts, and restaurants. Recruitment has never been more important in this sector. Here are some critical facts about the hospitality industry: Hospitality has an employee turnover rate of over 70% Brand loyalty has disappeared Technology has made it easier for small companies to compete What implications does this…
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Is employee attendance tracking irrelevant for salaried employees? Absolutely not. Let’s discuss why a timekeeping system and attendance tracking is crucial for business success, regardless of how employees are paid. First off, what is an attendance tracking system? An employee attendance tracking system (or app) automates timecards, shift schedules, and PTO. Small employers have moved…
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Are you setting up the financial operations for your business? Wondering who to hire? In today’s post, we discuss how to outsource accounting. Even for a small business, financial structuring isn’t cut and dried. You’ve got taxes, payroll, and client billing. You might have business loans and equipment leasing. But accounting is critical to get…
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Capable project management is key to achieving business objectives. Yet few teams believe they are successful. Expressed in starker terms: few teams believe they do their work well. Choosing the best project management software can help improve your outcomes. Project management software allows you to organize, track, assign, and visualize project tasks and timelines. This…
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Let’s talk about hiring franchise employees. Establishing a profitable franchise doesn’t happen by chance. You have to carefully follow the proven business model. Recruiting is an essential component. Here are three critical tips for hiring franchise employees. 1. Learn Recruitment Best Practices Forget gut instincts. You can’t wing it when it comes to hiring. Learn…
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Recruiting professionals understand how critical it is to avoid hiring mistakes. Especially right after launching your business. Assembling a capable team can mean the difference between success and failure. Your new hires create critical foundational processes. You need employees with the skills, experience, and ideas to execute your vision. Your startup team will mentor future…
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There are plenty of sophisticated hiring and onboarding platforms. If you are shopping for an applicant tracking system (ATS), it’s helpful to identify which ATS tools are important to your company. Here are 6 ATS tools to consider. 1. Pre-Screening Questionnaires Improving time-to-hire is only possible if you automate repetitive hiring tasks. Pre-screening questionnaires perform…
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