For growing small businesses, the job of payroll administration and bookkeeping grows ever more weighty as they add more customers, expand their departments, hire additional employees and create new vendor relationships. Adding to the complexity is the fact that the larger a company gets, the more rules and red tape they will subject to just to keep all of the gears cranking without interruption.
Businesses today are faced with a complex challenge: how to hire the right people while having the confidence that they will be able to adapt and succeed in an ever-evolving workplace. Business requires visionary leaders who can make tough decisions, empower employees and pivot quickly. To secure and develop these leaders, businesses currently invest millions of dollars of time and energy into leadership development, stabilizing their company’s future in an the marketplace.
Too few employees today are taking advantage of one of the best options they have to save money while, at the same time, looking out for the health and well-being of themselves and their families. Section 125 Cafeteria Plans offer employees the opportunity to defer non-taxed income and use it instead on a wide range of medical procedures and over-the-counter purchases, both saving them money and ensuring financial stability when health issues arise.
About 2.7 million Americans quit their jobs in May of 2015 -- nearly two percent of the workforce -- up by about a quarter since 2003. “Quits,” as termed by the Bureau of Labor Statistics, held steady at near 2 million month-on-month.
One measure of a great company that is often overlooked in the business world is the ability to create and preserve an environment of work-life balance. Sharply contrasting this ideal, many employees are being paid for 40 hours’ worth of work on a weekly basis, yet a 2014 Gallup Study found that Americans work an average of 47 hours per week—and 40 percent of those polled stated they work 50 hours or more.
For the American workforce, witnessing the United States unemployment rate spike sharply during the recent economic recession was anything but encouraging. The good news? After hitting a peak of ten percent in October of 2009, the national unemployment rate has decreased to 5.3 percent as June 2015.
Most people don’t realize how many HR functions are going on behind the scenes of an organization; that is, until they go to work for a company without a dedicated HR department. In a nutshell, a good HR team is devoted to providing effective policies, procedures, and people-friendly guidelines to the organization. HR objectives run the gamut—from payroll administration to sexual harassment training; from recruitment support to workplace safety.
When most people head off to work in the morning, the last thing they're probably thinking about is whether the job they're walking into is going to cause them injury or even death.
Falls account for almost a quarter of all workplace injuries and more than $14 billion in workers’ compensation claims, according to Liberty Mutual Research Institute for Safety’s 2014 Workplace Safety Index. The National Institute for Occupational Safety and Health (NIOSH) took a closer look at workplace falls back in 2011 and discovered that 20% of injuries and 43% of fatal falls involved ladders. Among construction workers, that percentage skyrocketed to 81% of all injuries.
Recently featured in the PEO industry’s leading publication NAPEO Insider, this article showcases how UniqueHR has evolved its PEO model over the years to best meet the needs of the market’s growing appetite for business solutions from a single-source provider. To read the full article click here.
