Eight Critical Areas for Small-Business Success - … fileBetter Employee Management: Eight Critical...
Transcript of Eight Critical Areas for Small-Business Success - … fileBetter Employee Management: Eight Critical...
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Better Employee Management: Eight Critical Areas for Small-Business Success
This white paper is an overview of eight building blocks of an effective small-business HR program: payroll, employee communications, benefits, safety, compliance, hiring, motivation, and separation.
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If small-business employers can address the most critical human resources topics, they will be ahead of the competition in securing and keeping the best talent.
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A recent Paychex survey revealed that many accountants believe business owners should seek professional help with payroll processing, with 50% of responding CPAs saying they refer one or two clients per year to a payroll service provider.
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Employer-sponsored health insurance is the top benefit selected by employees, according to a recent study by MetLife.3
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Recent estimates by the U.S. Occupational Safety and Health Administration (OSHA) place “the business costs associated with occupational injuries at close to $170 billion—expenditures that come straight out of company profits.” 4
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A worldwide study showed that engaged employees are happy employees. Half of “engaged” employees said they had no plans to leave their company, while 15% of the “disengaged” group planned to stay.6
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