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HR Essentials - page 10

3 Things Every Entrepreneur Should Do Early On

3 Things Every Entrepreneur Should Do Early On

Though the barriers to launching your own venture have never been lower, about 20% of small businesses fail in their first year and 50% of small businesses fail in their fifth year. But you can increase your chances of beating the odds. Before you go all-in on your company concept, take the following three steps to set yourself up for success.

September 7, 2017 ・4 mins read

How to Fail in Business Without Really Trying

Only about 50 percent of businesses survive the first five years and only about one-third keep the lights on for 10 or more years. Find out if you are inadvertently getting in the way of your success by making these six common business mistakes.

March 22, 2017 ・4 mins read

Top 4 HR Concerns of Financial Services Firms and How to Resolve Them

If you are an entrepreneur in the financial services industry or run a financial services firm, you know that there is simply no “one size fits all” solution to your human resources (HR) needs. Here are four of the most common areas of concern financial services firms have when it comes to administrative HR – and recommendations for combatting them.

January 26, 2017 ・4 mins read

6 Ways Business Leaders Can Make the Most Out of the Last Month of the Year

As the year comes to an end, do you find yourself reflecting on what you have achieved over the past several months? If you feel you have not completed a lot of tasks on your to-do list, remember that there is still some time left in the year. A lot can be done in one month toward achieving your remaining goals for 2016.

December 1, 2016 ・4 mins read

Does Your HR Make the Grade?

TriNet’s HR Grader evaluates the HR administration of small and midsize businesses and assesses current practices for risk and compliance, employee benefits, HR technology and workforce management.

September 16, 2016 ・3 mins read

Still Using Spreadsheets to Track Your Labor Hours? Here’s Why it Might be Time to Stop

Twenty years ago, when I started in the in the time and attendance business, manually tracking time and attendance was the norm. The majority of businesses used manual “punch clocks,” where employees would place their time card in a machine on the wall and literally “punch” the top of the clock to stamp their time card with the date, time of their arrival, breaks, lunches and, finally, when they left for the day.

June 20, 2016 ・4 mins read

5 Top Risks for Growing Companies (and How to Avoid Them)

Business owners know that there is always the possibility for exposure to certain risks associated with running their organization. The good news is that potential liability can be minimized with a little foresight.

April 11, 2016 ・5 mins read

This is why data is now more essential than ever in HR

Implemented correctly, people analytics can radically improve a company’s bottom line.

HR Ecosystem and Integration Between the Different Systems

A typical HR ecosystem consisting of a comprehensive HR platform and core HR tools helps small and medium size businesses (SMBs) perform everyday HR tasks including but not limited to managing payroll, providing access to benefits and providing HR expertise. These SMBs also may purchase a number of point solutions that solve specific HR needs.

Five HR Topics Businesses Should be Aware Of

Here are some of the most notable topics and issues we think your business should know about and our guidance on preparing for the effects they’ll have on your business.

・11 mins read

How Geralex Janitorial Services Cleaned Up Their Business

Recently, I chatted with Gerry Alvarado, Vice President and Co-founder of Geralex Janitorial Services, a company that was started more than 14 years ago in the Chicago area to provide environmentally friendly janitorial services to businesses. Gerry spoke about the explosive growth that nearly took his company down, the challenges he faced and the lessons he learned.

August 22, 2017 ・5 mins read

3 Best Business Practices for Life Sciences SMBs from a Leading Biotech Entrepreneur

Business leaders in the life sciences industry know all too well they face unique challenges. In this highly innovative and rapidly evolving field they must move quickly to remain relevant. Dr. Craig Shimasaki, president & CEO of Moleculera Labs and a successful founder of three biotech companies, shares the three key drivers for those in the life sciences industry:

July 25, 2017 ・4 mins read

The 5 Mentors You Meet in (Business) Heaven

Having an experienced mentor who’s been through the same challenges as you can be extremely valuable. The expert information you receive from a mentor could mean the difference between success or failure. However, there are many different types of mentors you can find who will be more (or less) helpful depending on the stage your business is in and the obstacle you’re facing. These are the five types of mentors you should surround yourself with today, enlisting each of them based upon the specific knowledge you seek.

May 30, 2017 ・4 mins read

For small businesses in San Francisco, what is the average number of Paid Time Off (PTO) days provided for employees?

January 12, 2017 ・2 mins read

5 Differences Between a PEO and an Online Broker

When it comes to managing your HR, you have a choice. If you are trying to decide between hiring a professional employer organization (PEO) or an online broker, read on for more information that can help you decide which one is right for your business.

September 23, 2016 ・1 min read

4 Effective Ways to Take the Struggle out of Setting and Achieving Corporate Goals

Establishing corporate goals and aligning all employees to them is critical to driving an accountable, performance-based culture. But let’s find out if you are unknowingly one of the many small businesses that are not utilizing corporate goals effectively.

July 1, 2016 ・4 mins read

How Mobile HR Can Help Your Business Create a Happy and Productive Workplace

The mobile trend is revolutionizing human resources management. In fact, research shows that HR applications are twice as likely to be used on smartphones as on computers. Not surprisingly, mobile HR solutionscontinue to gain traction among businesses.

May 23, 2016 ・3 mins read

3 Steps Small Businesses Can Take to Prevent Wage and Hour Lawsuits

A worrisome business trend is the growing number of wage and hour lawsuits that are a significant source of financial exposure for employers. As the number of lawsuits climbs, so does the cost to employers. The U.S. Department of Labor reports that it receives nearly 25,000 wage-and-hour related complaints per year. The number of Fair Labor Standards Act (FLSA) cases filed in the federal court is more than five times higher than it was 20 years ago. Compensation considerations Overtime claims account for 40 percent of wage and hour class action lawsuits. Other common wage-and-hour claims include:

January 25, 2016 ・5 mins read

Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?

The need to protect data exchanged in connection with 401(k) plans has been highlighted recently due to guidance released by the Department of Labor (DOL). Earlier this year, the Government Accountability Office (GAO) issued a report entitled “Defined Contribution Plans: Federal Guidance Could Help Mitigate Cybersecurity Risks in 401(k) and Other Retirement Plans.” In the report, the GAO found that, while plan sponsors and their service providers (record keepers, third party administrators, custodians and payroll providers) are required to exchange the sensitive personally identifiable information of the over 100 million individuals who participate in defined contribution plans, the DOL had not clarified “the fiduciary responsibility for mitigating cyber risks.”

What is a Professional Employer Organization (PEO)?

Managing HR is time-consuming and expensive. With outsourced HR, you can save costs and get time back in your day to focus on your company's growth.

401K Calculator | Retirement Savings Calculator

TriNet’s free retirement savings calculator is designed to show potential retirement earnings based on different contribution levels.

3 Things Every Entrepreneur Should Do Early On

3 Things Every Entrepreneur Should Do Early On

Though the barriers to launching your own venture have never been lower, about 20% of small businesses fail in their first year and 50% of small businesses fail in their fifth year. But you can increase your chances of beating the odds. Before you go all-in on your company concept, take the following three steps to set yourself up for success.

September 7, 2017 ・4 mins read

How Geralex Janitorial Services Cleaned Up Their Business

Recently, I chatted with Gerry Alvarado, Vice President and Co-founder of Geralex Janitorial Services, a company that was started more than 14 years ago in the Chicago area to provide environmentally friendly janitorial services to businesses. Gerry spoke about the explosive growth that nearly took his company down, the challenges he faced and the lessons he learned.

August 22, 2017 ・5 mins read

3 Best Business Practices for Life Sciences SMBs from a Leading Biotech Entrepreneur

Business leaders in the life sciences industry know all too well they face unique challenges. In this highly innovative and rapidly evolving field they must move quickly to remain relevant. Dr. Craig Shimasaki, president & CEO of Moleculera Labs and a successful founder of three biotech companies, shares the three key drivers for those in the life sciences industry:

July 25, 2017 ・4 mins read

The 5 Mentors You Meet in (Business) Heaven

Having an experienced mentor who’s been through the same challenges as you can be extremely valuable. The expert information you receive from a mentor could mean the difference between success or failure. However, there are many different types of mentors you can find who will be more (or less) helpful depending on the stage your business is in and the obstacle you’re facing. These are the five types of mentors you should surround yourself with today, enlisting each of them based upon the specific knowledge you seek.

May 30, 2017 ・4 mins read

How to Fail in Business Without Really Trying

Only about 50 percent of businesses survive the first five years and only about one-third keep the lights on for 10 or more years. Find out if you are inadvertently getting in the way of your success by making these six common business mistakes.

March 22, 2017 ・4 mins read

Top 4 HR Concerns of Financial Services Firms and How to Resolve Them

If you are an entrepreneur in the financial services industry or run a financial services firm, you know that there is simply no “one size fits all” solution to your human resources (HR) needs. Here are four of the most common areas of concern financial services firms have when it comes to administrative HR – and recommendations for combatting them.

January 26, 2017 ・4 mins read

For small businesses in San Francisco, what is the average number of Paid Time Off (PTO) days provided for employees?

January 12, 2017 ・2 mins read

6 Ways Business Leaders Can Make the Most Out of the Last Month of the Year

As the year comes to an end, do you find yourself reflecting on what you have achieved over the past several months? If you feel you have not completed a lot of tasks on your to-do list, remember that there is still some time left in the year. A lot can be done in one month toward achieving your remaining goals for 2016.

December 1, 2016 ・4 mins read

5 Differences Between a PEO and an Online Broker

When it comes to managing your HR, you have a choice. If you are trying to decide between hiring a professional employer organization (PEO) or an online broker, read on for more information that can help you decide which one is right for your business.

September 23, 2016 ・1 min read

Does Your HR Make the Grade?

TriNet’s HR Grader evaluates the HR administration of small and midsize businesses and assesses current practices for risk and compliance, employee benefits, HR technology and workforce management.

September 16, 2016 ・3 mins read

4 Effective Ways to Take the Struggle out of Setting and Achieving Corporate Goals

Establishing corporate goals and aligning all employees to them is critical to driving an accountable, performance-based culture. But let’s find out if you are unknowingly one of the many small businesses that are not utilizing corporate goals effectively.

July 1, 2016 ・4 mins read

Still Using Spreadsheets to Track Your Labor Hours? Here’s Why it Might be Time to Stop

Twenty years ago, when I started in the in the time and attendance business, manually tracking time and attendance was the norm. The majority of businesses used manual “punch clocks,” where employees would place their time card in a machine on the wall and literally “punch” the top of the clock to stamp their time card with the date, time of their arrival, breaks, lunches and, finally, when they left for the day.

June 20, 2016 ・4 mins read

How Mobile HR Can Help Your Business Create a Happy and Productive Workplace

The mobile trend is revolutionizing human resources management. In fact, research shows that HR applications are twice as likely to be used on smartphones as on computers. Not surprisingly, mobile HR solutionscontinue to gain traction among businesses.

May 23, 2016 ・3 mins read

5 Top Risks for Growing Companies (and How to Avoid Them)

Business owners know that there is always the possibility for exposure to certain risks associated with running their organization. The good news is that potential liability can be minimized with a little foresight.

April 11, 2016 ・5 mins read

3 Steps Small Businesses Can Take to Prevent Wage and Hour Lawsuits

A worrisome business trend is the growing number of wage and hour lawsuits that are a significant source of financial exposure for employers. As the number of lawsuits climbs, so does the cost to employers. The U.S. Department of Labor reports that it receives nearly 25,000 wage-and-hour related complaints per year. The number of Fair Labor Standards Act (FLSA) cases filed in the federal court is more than five times higher than it was 20 years ago. Compensation considerations Overtime claims account for 40 percent of wage and hour class action lawsuits. Other common wage-and-hour claims include:

January 25, 2016 ・5 mins read

This is why data is now more essential than ever in HR

Implemented correctly, people analytics can radically improve a company’s bottom line.

Protecting Your Data is Critical: Is your employer-sponsored retirement plan keeping up with best practices for information security?

The need to protect data exchanged in connection with 401(k) plans has been highlighted recently due to guidance released by the Department of Labor (DOL). Earlier this year, the Government Accountability Office (GAO) issued a report entitled “Defined Contribution Plans: Federal Guidance Could Help Mitigate Cybersecurity Risks in 401(k) and Other Retirement Plans.” In the report, the GAO found that, while plan sponsors and their service providers (record keepers, third party administrators, custodians and payroll providers) are required to exchange the sensitive personally identifiable information of the over 100 million individuals who participate in defined contribution plans, the DOL had not clarified “the fiduciary responsibility for mitigating cyber risks.”

HR Ecosystem and Integration Between the Different Systems

A typical HR ecosystem consisting of a comprehensive HR platform and core HR tools helps small and medium size businesses (SMBs) perform everyday HR tasks including but not limited to managing payroll, providing access to benefits and providing HR expertise. These SMBs also may purchase a number of point solutions that solve specific HR needs.

What is a Professional Employer Organization (PEO)?

Managing HR is time-consuming and expensive. With outsourced HR, you can save costs and get time back in your day to focus on your company's growth.

Five HR Topics Businesses Should be Aware Of

Here are some of the most notable topics and issues we think your business should know about and our guidance on preparing for the effects they’ll have on your business.

・11 mins read

401K Calculator | Retirement Savings Calculator

TriNet’s free retirement savings calculator is designed to show potential retirement earnings based on different contribution levels.

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