Over the past 18 months, South African businesses have accelerated their adoption of digital technologies. While they have shown remarkable grit and adaptability in reinventing their businesses for an era of lockdown and social distancing, some gaps are becoming apparent in the change programs they have implemented read more
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The dream for any company is to develop a productive and efficient team. Having employees work together like a well-oiled machine can lead to some impressive results.
Unfortunately, reaching that point is easier said than done. Everyone has a preferred approach to projects. People get stuck in their ways and fail to adjust to an ever-changing work landscape. So how can you improve employee productivity to keep your company moving forward? In this blog, we'll show you how. Keep the Lines of Communication Open There's no doubt about it: Businesses fail without effective communication. Make sure that there's always open communication throughout your company. Foster collaboration among team members and create a dialogue about your expectations. No one should be in the dark about what to do or how to succeed. Companies with healthy communication are far better at completing projects swiftly and efficiently. Take Advantage of Productivity Software There are all kinds of apps out there to boost productivity. Project management software can help multiple employees keep track of a project. Meanwhile, collaboration tools make remote work possible. With a single sign-on solution, it's possible to use all that and more. Don't be afraid to experiment and try multiple apps at once. Most businesses use more than one program to run efficiently. An excellent single sign-on solution lets your team members access apps from one location, eliminating the learning curves and frustration. Try Team-Building Exercises Your employees don't have to be best buds. But, mutual respect and camaraderie can make all the difference. People work better together when they feel comfortable with one another's capabilities. Team-building exercises can identify strengths and break down any communication barriers that are holding your team back. Cater to Individual Strengths and Weaknesses Our last tip is to get to know every member of your team. Your team members all have specific strengths and weaknesses. To maximize productivity, you need to tap into unique talents and expertise. If one team member excels in collaborative work and thinking outside of the box, the last thing you want them to do is to work alone in a cubicle. Catering to those strengths puts everyone's best foot forward and creates a much happier work environment. Taking steps to boost productivity and efficiency can help your company reach its full potential. Be proactive, listen to feedback, and keep those lines of communication open. With time, your team will become a productivity powerhouse! Read a similar blog about employee management here at this page. Running a small business can be one of the most rewarding experiences for entrepreneurs. With that being said, it’s also the furthest thing from easy. Managing a small business takes time, effort, and knowledge. But anyone can run into problems when running a small business, no matter how well things may be going. Here are some tips for managing your small business so that you can be ready for whatever comes your way.
Loans and Business Credit Loans and business credit are two facets of running a small business that go hand-in-hand. Many times, loans are necessary for a small business to grow and succeed. The key is being selective with the types of loans you choose to take out. You should never take out more than you anticipate you can easily repay. Also, extremely high-interest rates can add up. You also need to keep your business credit in mind. Making sure that you keep your business credit in good standing will allow you to continue to take out low-interest, easy-to-repay loans down the line. Paying Yourself Growing your business is important, but the employees should be fairly compensated too. That includes compensating yourself. Remember, you’re putting the work in too, so you should make sure you’re taking home a salary. There are no guarantees in business, and if things go south, you’ll at least have the money you’ve paid yourself along the way. Growth and ROI Make sure you’re investing in growth for your business and that your investment decisions make sense from an ROI perspective. On the same note, if your growth and ROI investments aren’t panning out, don’t be afraid to cut them out of your strategy. Unlike large businesses, small businesses can’t afford to continue to sink money into something that may work out eventually. If an employee isn’t working out, let them go. If an advertising strategy isn’t leading to sales, drop it. These types of decisions can be hard, but necessary. Use Payroll Software When you have a smaller payroll and HR department, it can be hard for them to stay on top of everything. Payroll software can be a huge help. Some of the bigger platforms, like Quickbooks, might not always be the right fit for a small business. Luckily, there are Quickbooks payroll competitors that can provide you with the software tools you need at an affordable price. Making sure taxes and payroll are done correctly is essential, since you don’t want to open yourself up to compliance fines and penalties. Trying a Quickbooks payroll competitor for your payroll software could be just what your HR department needs to run your books efficiently and effectively. Read a similar article about time and attendance here at this page. Not paying attention to unconscious bias impacts the diversity and inclusion of your organization and can also stifle progress and innovation within the business. Many organizations concerned with the issues biases can create are becoming more mindful of their recruiting process. They have found that unconscious bias can critically influence hiring decisions read more
Payroll tax employers need to be aware of SUTA, also known as the State Unemployment Tax Act. All payroll tax employers are required to pay this tax. Here is some more information on the State Unemployment Tax Act.
What is SUTA For? The State Unemployment Tax Act is a tax that goes straight to the state unemployment fund. The funds deposited are then used to provide financial support to displaced workers in the state while they search for new opportunities. Who Pays the State Unemployment Tax Act? It depends on the state. As mentioned, all payroll tax employers must pay into it. In some states, the tax is also taken out of employees' taxable income. What is the State Unemployment Tax Rate? This rate is also situational. Each state has their own rate and each state has their own taxable wage base. Employers are given an assessment that outlines their rate, so they know exactly what they’re required to pay into the fund. If an industry is known for high turnover rates, they may be subject to higher taxes under the State Unemployment Tax Act. These aren’t the only factors that can determine the rate of a business’s state unemployment tax. These factors include how many former employees of a business have filed unemployment, the age of a business, their standing and account status, and more. These rates are not necessarily static on a standard state-wide basis either, as states can opt to change the rate on an annual basis, based on unemployment rates and needs of the market. What Happens if You Don’t Pay SUTA or Aren’t Compliant Neglecting to pay SUTA or committing compliance errors can cause an employer to be subject to fines and penalties. Criminal penalties can also be filed in more severe breaches. Use SUTA Compliance Software If you want to avoid SUTA penalties and ensure you’re paying the proper rate without worrying, then SUTA compliance software is your solution. SUTA compliance software can automate your tax rate changes, help you manage unemployment claims, and much more. With SUTA compliance software, you’ll never have to worry about SUTA penalties and fines again. Read a similar article about benefits administration software here at this page. The PEO definition is a company that works jointly with other companies and manages all of their employee’s human resource related tasks. The process of combining employees of several different companies into one large group makes it possible to provide businesses with more affordable rates for health insurance and coverage for workers compensation. By knowing the PEO definition and how to best employ this strategy, businesses will be able to accumulate a significant amount of savings of both time and money.
Within a professional employer organization, the responsibilities are shared between business owners and the employees who work at a company. Business owners retain all of the primary management responsibilities and control all of the work that is performed by their employees. The PEO is responsible for keeping track of wages, hiring of employees and paying taxes. They also focus on keeping track of benefits and paying all administrative fees as well. The business owner is only responsible for issuing checks for these payments. In many cases, many business owners get confused between PEOs and temporary help businesses. While they might be regarded as similar among business owners, they are very different from one another. According to the American Staffing Association, temporary help companies recruit employees and place them for employment at their client businesses. They help provide temporary work opportunities in order to help client companies complete short term projects on an as needed basis. Professional Employer Organizations allow businesses to turn over all of their personnel tasks to an outside company. They allow companies to outsource all of the human resource functions. They lease employees to the company in exchange for providing these essential services. There are many benefits to using a professional employer organization. One of the advantages is that it can help businesses devote more time to focusing on serving their customers. Another benefit is that they can receive professional expertise in managing their human resource tasks. A professional employer organization is also beneficial for businesses that are looking to reduce the costs of their employee payroll. They can outsource all of the human resource functions by paying a low fee instead of paying a salaried employee. These advantages make professional employer organizations in high demand for many companies. Read a similar article about PEO financial service here at this page. What is one thing that someone can do to prepare for their first interview read more
Since the mid-90s, companies have been using applicant tracking systems to help them find and hire proficient candidates. As technology advances, so does the application tracker. They are becoming more helpful and intelligent in helping companies hire people.
As the world evolves, processes have become increasingly streamlined and paperless, saving executives more time. Applicant tracking systems are made to ease the burden of hiring, and most companies find it helpful. They help companies select the best candidates and acquire insights about the interview procedure. Here are a few reasons why company owners benefit from application trackers. Configurable and Customizable Companies have different ways of managing their hiring processes. There is a difference in how corporate offices, school administrators, and retail stores hire. With an application tracking system, all processes and choices are constituted and modified in numerous ways. Some of these ways include video interviewing, sourcing passive candidates, and pre-hire evaluations. Enhances a Company's Pool of Proficient Candidates When using mobile-friendly applicant tracker systems, you can increase your applicants' pool to over forty percent. Decreasing the application time for a job to less than thirty minutes declines the rates of applicants' drop-off. Moderates the Applicant Pool An application tracker system minimizes your workload by evaluating your pool of applicants based on their personality, work experience, cognitive valuation, and minimum set requirements to scale-out potential conflicts and relevant skills. Evade Interview Errors Using an applicant tracker system helps you avoid company policies and non-discriminatory law complaints. It is also helpful in the phrasing of your interview questions and job posting. Enhances Your Company's Image People desire to work in an effective company that uses the current technology. Being able to communicate quickly and easily with applicants at all states of hiring makes them interested in your company and makes it unique from other companies. Moderates the Hiring Burden Application trackers can save both the hiring team and applicants' time through:
All companies and businesses need to evaluate the aspects that come with acquiring an applicant tracker system. Some of these aspects include the level of automation, costs, and learning curve. However, the benefits are irrefutable. Read a similar blog about employee management here at this page. Mobile device management solutions have become a necessity with remote work. Worrying about the security, configuration and updates for your employees’ devices can be a thing of the past when you have the right MDM. Here are some of the essential features you should look for when you’re choosing a mobile device management solution.
Most Important Features of Mobile Device Management Solutions There are numerous mobile device management options out there, but if they don’t offer you the right features, then they’re not going to be as helpful as they could be. Here are the features you should be looking for: Support for Your Devices Your mobile device management solution should work for your current setup. You shouldn’t have to get new devices just to fit your MDM system. A good MDM solution will be able to work with your devices no matter what carrier or operating system you prefer. Security Features A primary function of an MDM should be security. If you need to access your devices remotely, lock them or wipe them completely, your MDM system should accommodate that. Your devices have important company information on them, so you don’t want to be left without options if an employee loses one. Tracking In the same vein, if your employee loses a device, you want to be able to recover it. Make sure your mobile device management solution allows you to easily track your devices and find them if need be. Access and Troubleshooting Your MDM system should let you remotely access your devices and monitor their activity. Also, your IT team should be able to troubleshoot devices remotely. This way you know what your employees are using your devices for, and your IT team can help them through any issues that might crop up. Updates and Configuration It should be easy to update your devices and configure them no matter where your employees are. This keeps their apps up to date and allows you to configure the device settings according to company policy. Choosing a Mobile Device Management Solution With the above essential features in mind, it will be much easier for you to choose a mobile device management solution that works for your business. Read a similar article about comprehensive HR software for accountants here at this page. For most HR professionals, getting a seat at the proverbial table is a great way to have a strategic impact on the company’s vision and achievement of goals. But, beyond those conversations, another way to bring more strategy into the day-to-day is by understanding every department and each role within read more
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AuthorEmily Clarke writes about employee management, benefits and payroll service. Archives
December 2021
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