What’s Costing You the Most in Your Hiring Process?

Hiring the right personnel is one of the most important tasks of an HR Manager. If the wrong person is hired, you can expect poor performance, frustrated Managers and higher costs when trying to do damage control. However, the hiring process, done correctly, is not easy or cheap as there are a lot of measures and steps that have to be taken before you can give out that offer letter.

Employers Compensation Costs Increase

The U.S. Bureau of Labor Statistics (BLS) released their quarterly report today on the status of “Compensation Costs” i.e. how much employers are having to pay employees. Wages and salaries
are considered to make up about 70 percent of compensation costs, while  benefits make up the remaining 30 percent of compensation.

Productivity Down in First Quarter 2014

The U.S. Bureau of Labor Statistics (BLS) released its revised estimate of productivity and costs for the first quarter of 2014. According to this report productivity in the “Non-farm” sector fell drastically.  “The decrease in productivity was the largest since the first quarter of 2008 (-3.9 percent).” Productivity is a measure of how much stuff […]

Classic Workwear That’s Fit for a Purpose

When we talk about “workwear” we’re not talking about what you wear to the office on “casual Fridays” … we’re not even talking about what to wear on the other four days either. By definition, “workwear” is different from regular clothing because it must be designed in order to withstand a much higher intensity of […]

The Claptrap Behind the Minimum Wage Debate

By Bill Bonner Can Money Buy You Happiness? Not that we care especially about money. We are more interested in what it represents… and how it helps us understand the world we live in. Money establishes a relationship between people. One owes. One is owed. One can buy. One must sell. One employs. Another is […]

Government Salaries 35% Higher than Private Industry in 2012

EMPLOYMENT COST INDEX – DECEMBER 2012 The U.S. Bureau of Labor Statistics released their employment cost index for the 2012 year on January 31st, 2013.  It included both annual data and information on salary costs for the last quarter for Civilian workers which is composed of two major sectors i.e. Private Industry Workers and State […]

The Role Of an Umbrella Insurance Policy In Your Organization

An Umbrella Policy is Full Coverage Insurance Liability is a big buzzword these days, and there are very few other words that make business people cringe and fearful at the same time. As the world seemingly gets more and more litigious, liability takes on a whole new meaning. These days, there is no predicting what […]

Keeping Worker’s Compensation Insurance Affordable

How Business Owners Can Keep Worker’s Compensation Insurance Affordable – With the recent hits to the economy, changes in law, and other sorts of changes in the workplace, costs of maintaining workers compensation insurance for companies, and in particular for small businesses, are rising unpredictably.  Some of this can be caused by your state’s assigned […]

Outsourcing Business- Tips to Reduce Overhead

Outsourcing in Business Few situations are more unpleasant in business than finding yourself faced with the dreaded spectre of insolvency. Unfortunately, this situation is by no means uncommon. On the contrary, recently released figures from the Australian Securities and Investments Commission have revealed that the number of insolvency court appointments has been on a steady rise from […]

Simple Steps to Improving Employee Productivity

By Steve Hutton In the current economic climate it is vital that firms look to their own in-house policies to ensure that efficiency and productivity are maintained to give them the very best chance possible of enduring these uncertain times. One area in which companies can increase productivity is through reducing absenteeism and attrition, whilst also maintaining morale at […]