Why You Need to Recruit Passive Candidates to Win in 2022

The search for top talent continues to be top of mind for organizations across the country.  According to the U.S. Bureau of Labor Statistics, there are close to 11 million job openings. Currently, there are far more job openings than active job seekers. The human resources and hiring landscape is currently being called things like “The Great Reshuffle”, “The Great Resignation”, “The Great Retirement”, etc.  As we head into this year, your business must have a game plan for recruiting and growth. It’s no longer enough to just cast the net - you need to go out and b...

It is predicted that artificial intelligence is going to replace 16% of all HR jobs in the next 10 years. This statistic isn’t meant to sound like a threat but rather something that your business can use to its advantage.  One of the biggest challenges in today’s race for top talent is speed. If your business is waiting on the hiring manager for even one day to make a decision or contact a top-notch candidate, you’re losing them. Speed is critical in this process. Artificial intelligence is the key to speeding up your recruitment process from start to finish, especially in the virtu...

The minimum wage continues to rise year over year. In Florida, minimum wage was increased from $8.65 to $10 on September 30, 2021, and is projected to increase steadily until it reaches $15 on September 30, 2026. Many businesses are concerned with how this will impact them and the overall economy. While there are some cons to the increases, there are also a lot of positive outcomes to consider.  How Minimum Wage Increases Will Impact your Business: Economic Boost  The minimum wage increases mean more money circulating in the economy. With more money in the...

Running a small-to-medium-sized business is no easy task. The administrative headache of benefits, compliance, employee turnover, payroll, etc., can often take away from the time that you have to invest in the growth of your business.  Maybe it’s time to consider a PEO (professional employer organization).  Businesses that use PEOs grow 7 to 9% faster than businesses that don’t. (Source: McBassi & Company) Having the long list of HR responsibilities taken off of your plate frees you up to focus on revenue and bottom line efforts. It also gives you...

It’s hard to hire right now. Your business culture is what ultimately sets you apart from your competitors and captures the candidates you want.  Culture is comprised of multiple components – the qualities of your leadership team, the communication style of your organization, the tangible and intangible benefits that you offer, etc.  As a business leader, it is important to cultivate a compelling culture, not only to keep your employees engaged but there is also a financial connection. When your people are happy, they stay, and when they stay, your turnover co...

The competition for top talent is fierce. The current hiring landscape has become known as the Great Reshuffle or Great Migration. Employees are rethinking everything, resigning from their current workplaces, and moving on to better career opportunities.  Today, more than ever before, employees are in the driver’s seat, and employers, like yourself, are feeling it as demand for quality talent continues to rise. As the struggle for quality and quantity of candidates continues to grow, you can’t wait for people to come to you. Paying close attention to bottlenecks an...

Payroll and employees are significant expenses for your business, but there are several ways to cut your payroll costs without limiting the growth of your business. For each new employee that you add to your payroll, the cost is typically 1.25 to 1.4 times their salary. (SBA) As you look for ways to save money on payroll, here are a few options to consider: Outsourcing While some people are under the impression that outsourcing payroll is costly, it can actually save you money in the long run. According to the IRS, 33% of employers m...

Does it feel like you never have enough time in the day to focus on what really matters – growing your business?  About 45% of small business owners spend at least one day a week or more on administrative HR issues. Imagine how much time and money you could save if you handed over your payroll to a third party.  Through outsourcing your payroll, your business will ultimately have more time to focus on growth and revenue and less time to worry about the administrative headache of payroll, taxes, and compliance issues. Another benefit many don’t real...

Managing the HR operations of a business is one of the most costly and timely functions of running a business, but it is also one of the most important. We recently discussed the benefits of a professional employer organization (PEO) in this article. To recap, a few of the benefits include securing health insurance, simplifying the payroll process, and giving peace of mind when it comes to compliance. All of these benefits are critical to maximizing your business’s effectiveness, therefore you need to ensure that you select the right PEO to help you achieve these results.  Acc...

Imagine if you didn’t have to deal with the headache of routine administrative HR tasks and could focus on your greater business goals. Most business owners, especially small business owners, don’t have the capacity to handle the time and effort required to manage all aspects of human resources and payroll. With the help of a professional employer organization (PEO), you can eliminate the burden of HR, remain compliant, secure affordable worker’s compensation and health insurance coverage, and run your business operations at maximum efficiency.  What is a PEO?  As a re...