Business

How to Create Core Company Values that Stick

How to Create Core Company Values that Stick

Company culture and employee engagement are consistent buzzwords in the payroll and HR industry, and for good reason. But the backbone of a great company culture and engaged employees are core company values. And while it’s easy to generate a few trending topics to attract recent graduates and top talent, having defined values truly connects qualified people to your business.

But how do you know what values reflect the goals and culture of your business?

7 Industries Where Mentorship is Crucial for Career Growth

7 Industries Where Mentorship is Crucial for Career Growth

Do you practice mentorship programs within your company? Who on earth are mentors, and how can your organization benefit from their work?

According to mentoring expert Bob Proctor, "a mentor is someone who sees more talent and ability within you, than you see in yourself, and helps bring it out of you." With that in mind, HR specialists might want to establish a formal or informal relationship between experienced workers and new employees to help the latter absorb the company's organizational, social, and cultural norms.

For new employees within your industry, mentorship can be a crucial ingredient to career growth and professional success. But what's in it for your company itself?

Managing finances: Increase Efficiency & Savings for Your Small Business

Managing finances: Increase Efficiency & Savings for Your Small Business

Think about how you currently do business. Are there tasks that you do over and over again, that you could automate with technology? As your small business grows, the software you use for tasks become just as important as the employees you train.

Streamlining your administrative operations and financial tasks with technology can help your business maximize efficiency and productivity, decrease expenses and increase profitability.

The Cost of Employee Time Theft

The Cost of Employee Time Theft

Did you know that nearly half of employees commit time theft in one form or another? According to a survey created by Software Advice, 43% of employees accept pay for time that they have not actually worked. Because of this, organizations are losing over $400 billion annually in lost productivity. Of the hourly workers surveyed in this study, not only did 43% of them admit to exaggerating the amount of time they’ve worked during their shifts, but 25% also said they reported more hours than they actually worked on their timesheets almost 100% of the time. However, only 3% of employees surveyed said they committed time theft by using their biometric time clocks. This is a great statistic to keep in mind as you evaluate your timekeeping process.

6 Things to Consider When Manually Calculating Time Cards

6 Things to Consider When Manually Calculating Time Cards

If you’re reading this blog, it’s probably safe to say you have at least a few hourly employees within your company and it’s your job to calculate their time cards by hand. What’s more, you probably spend a decent amount of time worrying about those hourly employees receiving excessive overtime. After all, the Fair Labor Standards Act (FLSA) states that employees must receive overtime pay of at least one and a half times regular pay for an excess of 40 hours worked in a workweek. This can really add up in the long run financially, especially if your employees abuse the system. What’s more, there are certain laws and regulations that must be met when it comes to tracking your employees’ overtime pay, so you have to have records of all your employee time and attendance.

Why Employers Should Improve Employee Financial Education

Why Employers Should Improve Employee Financial Education

Workplace productivity is a top concern for employers across all industries. It’s a constant challenge to find new ways to improve monthly or quarterly goals and equally upsetting when managers notice a downtick in motivation and commitment. One serious factor contributing to office distraction is financial stress. According to a report by Personal Finance Employee Education Foundation, nearly 1 in 4 employees are suffering from persistent financial woes. These millions of stressed individuals find it difficult to leave their problems at the door as it’s estimated that 30 to 80 percent of employees with serious financial problems focus on their personal situation rather than workplace objectives.

How to Build a Benefits Package Your Employees Will Love

How to Build a Benefits Package Your Employees Will Love

As hiring becomes a more competitive process, companies have been forced to think outside the box and offer benefits that will not only attract top talent but also retain it. When people look for jobs, one of the main things they focus on is the benefits a company offers. Other than a good and fair pay, the perks and benefits are what attract people to apply for jobs at certain companies. For example, a person is more likely to a apply at a company that offers unlimited paid time off than to a company that only offers 2 weeks of PTO. It’s understandable that the industry may determine the benefits and perks the company is able to offer. Typically, a good benefits package includes an employee’s pay, plus a number of perks such as health insurance, 401k, paid time off, free snacks, flexible schedules, tuition assistance, and so on.


4 Important Elements to Include in Your Employee Handbook

4 Important Elements to Include in Your Employee Handbook

Any successful business has an employee handbook, as it is an essential asset to offer your employees. Outlining policies and procedures in a written form provides employees with answers to common questions and lets them know what is expected of them while at work. As an HR professional, I am sure you get bombarded with random questions from your employees on a daily basis. This is why having an employee handbook and making it mandatory for all employees to read and sign during their onboarding process is imperative. It is important for an organization to have an employee handbook in order to prevent and avoid problems from occurring, as well as being provided with legal protection in case something does happen. So what does an employee handbook look like? Read on to find out what 4 elements you should include in yours.