HR NEWS
Stay up to date with current trends in Human Resources.
Small Businesses Using PEOs See More Growth, Profitability
BENEFITS PRO • September 7, 2017
Small businesses that use the services of a professional employer organization not only see better annual revenue growth, but are also more likely to see an improvement in profitability.
That’s according to a study released by the National Association of Professional Employer Organizations and conducted by economists Laurie Bassi and Dan McMurrer of McBassi and Associates, which finds that annual revenue growth doubles for firms that use PEOs, as opposed to comparable firms that do not use them. In addition, companies that use a PEO are 16 percent more likely to report an increase in profitability.
How to Know It's Time to Add an HR Department
ENTREPRENEUR • July 10, 2017
When starting their businesses, most entrepreneurs tend to wear many hats. However, there are times when they need to step back and look at how they may be unintentionally hurting their business and employees.
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Human resource professionals carry a lot of weight and skill. For that reason, having employees fill in when they can, with no knowledge of HR functions, can be detrimental.
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So, whether a company has five or 500 employees, managing the compliance and legal aspects of the job cannot be overlooked. If the person running between multiple jobs has no history or knowledge of HR practices, it’s time to end the balancing act.
War for Talent Just Got More Difficult to Manage
HR MORNING • March 15, 2017
If you’re in the market for top talent this quarter, news has come out about what you’re up against — and none of it’s going to make your job easier.
Several new reports have surfaced about what the job market looks like right now — and what it’s likely to look like in the months ahead.
Bottom line: Expect the competition for top talent to be pretty fierce.
The Hidden Costs of Undervaluing Human Resources
ENTREPRENEUR • February 10, 2017
The addition of millennials into the workforce has caused businesses to reevaluate how they manage and support their employees. This change has brought with it the belief that "human resources" is an outdated term which should be replaced with "talent management."
But, what some fail to grasp is that true talent management is a revitalization and extension of HR roles, and that HR's core functions remain necessary for business success.