Remove Accounts Remove Administration Remove Benefits Remove Cash Flow
article thumbnail

How to Keep Inflation From Derailing Your Budget

Zenefits

Employees are leaving in search of better pay , vendors are raising their prices, and consumers have less to spend — added with the loss of an organization’s purchasing power, cash flow is together than ever. it’s critical to take a solid and truthful inventory of your current accounting process and operations. Automate payroll.

article thumbnail

Creating a Workable Salary and Benefits Strategy for Your Startup

Zenefits

To give you the best shot at success, we have put together 7 tips for creating a workable salary and benefits strategy for your startup. Account for your company’s development phase. When creating your compensation strategy, consider including a professional development map as part of the benefits package.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

ADA Reasonable Accommodation Checklist for Small Businesses

Zenefits

Simplify benefits administration. Simplify benefits administration. In most cases, it’s possible to find a solution that works for everyone without disrupting day-to-day operations or significantly impacting cash flow. No account yet? Answer to see the results. Automate payroll. Any of the above.

article thumbnail

Dos and Don’ts During a Hiring Freeze

Zenefits

Cash flow is critical for any business, big or small, across all industries. Hiring freezes are painful, but something has to give when cash flow is down. And for some businesses, hiring gets the ax until the cash starts flowing again. Simplify benefits administration. No account yet?

article thumbnail

Aligning People Ops Strategy for the 5-Stage Business Cycle

Zenefits

Generally, the economy is good, debt is low or paid on time, and cash flow accumulates. When we look at expansion in HR or People Ops, we’re looking at increased hiring, opening new locations, training new employees, frequent onboarding, and upgrading benefits packages. It can be tempting to rush into hiring again.

article thumbnail

Code-Switching–What it is, and Why Your Employees are Doing it

Zenefits

Experiencing some kind of benefit for assimilating. higher cash flow per employee. higher cash flow per employee. ”. Simplify benefits administration. Simplify benefits administration. No account yet? These include: It happens inadvertently. A desire to fit in. Automate payroll.

article thumbnail

Should I Hire a Business Consultant for My Small Business?

Zenefits

While not every business necessarily needs a business consultant, choosing to work with 1 can provide several benefits outside of solving your immediate challenge. But before we can dig into the potential benefits of small business consultants, let’s look at what a business consultant actually does. Simplify benefits administration.