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Casual Articles - Making Benefits Work for You
Is Your Business Prepared for An Natural Disaster or Emergency? a small business possibly offer anything close to what the largest corporations can offer?When a natural disaster such as a tornado, hurricane, earthquake or other situations strike an area, your business location is also vulnerable. In the aftermath of recent natural disasters, it is obvious that emergencies or disasters do not just affect homes. Preparing a safety plan ahead of time could save you a lot of heartache business wise. It could make the difference between getting started again or not in your business after the disaster. Here are some quick tips to think about to help you prepare a safety plan for your business.People Preparedness A Enter the Professional Employer Organization (PEO). A PEO serves as an outsourced Human Resources department that provides employee administration, benefits packages, liability management, and access to training and other productivity-enhancement resources. Yo Customer Service - Where did it go? Last week, I mentioned that the cost of employee turnover is about 25% of that person’s annual salary. I did some additional research and discovered that said 25% only applies to low-level employees who do not come in contact with customers. The cost of replacing people who do come in contact with customers is much higher, especially if the person in question is good at it. When it comes to management and executive staff, turnover can actually exceed 100% of annual salary.I recently attended a seminar on Customer Service. My expectations were that it would be filled with tips to help employees become better at providing customer service. My expectations were blown away. The gentleman who led the seminar was fantastic. I thought I would share one of the topics covered during the seminar as it applies to everyone no matter what you do for a living.One section from the seminar was entitled, "Quality Customer Service is ATTITUDE". Whatever you do, do it with a positive attitude. If you don't enjoy what it is you do, then do something else. Life is too short Let’s put this into perspective: If you have a position that pays $10 per hour and the average employee stays 6 months, then you are paying a minimum of $15 per hour to staff that position. Labor is one of the single biggest costs faced by any business. Can your bottom line really afford that kind of hit? As for the human angle of the benefits equation, these numbers should be convincing you that being good to your people can be very good indeed. There are just a few catches: I have several friends and associates in the human resources and talent management fields and they all agree on one thing: Administering benefits can be a royal pain in the you-know-what. Tack on the maze of trying to figure out which plan(s) to offer and the relentlessly spiraling cost of healthcare and I for one can certainly understand why you may not want to touch benefits with an 11-foot pole despite your best wishes and intentions. Besides, even if you could offer benefits, how can you as a small business possibly offer anything close to what the largest corporations can offer? Enter the Professional Employer Organization (PEO). A PEO serves as an outsourced Human Resources department that provides employee administration, benefits packages, liability management, and access to training and other productivity-enhancement resources. You Trade Globalization at it. When it comes to management and executive staff, turnover can actually exceed 100% of annual salary.International firms accelerated their globalization operations over the last few decades because of the development of the internet, improved telecommunications technology, the unending quest for cheap labour, improved international trade laws and treaties; and a spate of mergers and acquisitions forcing companies to be increasingly competitive. Improved telecommunications technology has also been a factor in the increase in global trade and investment. Cellular technology, wireless e-mail and all the spin off devices have had a huge impact on a company’s ability to conduct business thousands Let’s put this into perspective: If you have a position that pays $10 per hour and the average employee stays 6 months, then you are paying a minimum of $15 per hour to staff that position. Labor is one of the single biggest costs faced by any business. Can your bottom line really afford that kind of hit? As for the human angle of the benefits equation, these numbers should be convincing you that being good to your people can be very good indeed. There are just a few catches: I have several friends and associates in the human resources and talent management fields and they all agree on one thing: Administering benefits can be a royal pain in the you-know-what. Tack on the maze of trying to figure out which plan(s) to offer and the relentlessly spiraling cost of healthcare and I for one can certainly understand why you may not want to touch benefits with an 11-foot pole despite your best wishes and intentions. Besides, even if you could offer benefits, how can you as a small business possibly offer anything close to what the largest corporations can offer? Enter the Professional Employer Organization (PEO). A PEO serves as an outsourced Human Resources department that provides employee administration, benefits packages, liability management, and access to training and other productivity-enhancement resources. Yo What Do Workers Really Want Anyway? s. Can your bottom line really afford that kind of hit? As for the human angle of the benefits equation, these numbers should be convincing you that being good to your people can be very good indeed.If you think that giving workers what they want means giving them extra high wages, lots of free time, and no pressure, think again. Giving that to the people who work for you probably won't have an ounce of effect on productivity.But there are things that workers want that you can deliver and that will make a difference. Here are some of them.Workers want to be treated fairly. They want fair compensation, not necessarily the highest salaries around, but fair relative to other people they know who do similar work.Workers also want to be treated fairly compared to how the There are just a few catches: I have several friends and associates in the human resources and talent management fields and they all agree on one thing: Administering benefits can be a royal pain in the you-know-what. Tack on the maze of trying to figure out which plan(s) to offer and the relentlessly spiraling cost of healthcare and I for one can certainly understand why you may not want to touch benefits with an 11-foot pole despite your best wishes and intentions. Besides, even if you could offer benefits, how can you as a small business possibly offer anything close to what the largest corporations can offer? Enter the Professional Employer Organization (PEO). A PEO serves as an outsourced Human Resources department that provides employee administration, benefits packages, liability management, and access to training and other productivity-enhancement resources. Yo Why Do We Accept Government Incompetence, Decade After Decade! stering benefits can be a royal pain in the you-know-what. Tack on the maze of trying to figure out which plan(s) to offer and the relentlessly spiraling cost of healthcare and I for one can certainly understand why you may not want to touch benefits with an 11-foot pole despite your best wishes and intentions. Besides, even if you could offer benefits, how can you as a small business possibly offer anything close to what the largest corporations can offer?Recently I visited a new car dealership, something millions of people in the United States do every month. Several weeks later I visited the Florida State Department of Motor Vehicles for a bit of license renewal. Contrasting the quality of these experiences says a lot about us as individuals, our conditioned acceptance of ineptitude and our limited appreciation for quality service.I had done some on-line research and had identified the model and accessories I wanted in a new vehicle. I visited the store of the closest dealer of my model choice. I parked in the customer spot, right in f Enter the Professional Employer Organization (PEO). A PEO serves as an outsourced Human Resources department that provides employee administration, benefits packages, liability management, and access to training and other productivity-enhancement resources. Yo 5 Things You Can Do to Advocate Mutual Respect in the Workplace or at Home a small business possibly offer anything close to what the largest corporations can offer?The funny thing about mutual respect is that you can’t control it. Sure, you can control whether or not you exercise on a regular basis, whether you control your temper, or whether or not you express respect to others, but mutual respect implies that two or more persons have respect for each other, and as unfortunate as it may seem at times, you can never control when and where others decide to show you respect. So, perhaps the question should be: “How can I encourage mutual respect?”Read the five tips below and learn what you can do to cre Enter the Professional Employer Organization (PEO). A PEO serves as an outsourced Human Resources department that provides employee administration, benefits packages, liability management, and access to training and other productivity-enhancement resources. You and the PEO become co-employers where you are the actual employer and the PEO is the “employer of record.” You set the pay rates, the working rules, etc. just as you normally would and the PEO handles the rest. Cost aside, what could you do to strategically grow your business with the time gained by not having to deal with the non-productive handling of employee paperwork and administration? My guess is that a PEO may allow you to spend a lot more time working on your business instead of in it. How much is the peace of mind of knowing that you are in full compliance with all applicable labor laws worth to you? And how much can taking steps to retain quality employees add to your bottom line? A PEO can give your employees Fortune 500-level benefits including full heath, dental, and vision coverage, flexible spending accounts, retirement planning, employee assistance, life and disability insurance, child adoption assistance, credit union access, educational assistance, and college savings plans. They can also help you hire the best candidates from the outset, which alone can dramatically reduce turnover costs. Wage data, background checks, drug & skills testing, and candidate review and interviewing are just some of the services a good PEO offers. A PEO can offer these benefits because they provide services for many people, which gives them far greater buying power at a much lower per-employee cost than a small busine
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