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PEO for Small Business? Yes, Yes, and Why.

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All small business owners should know about professional employer organizations (PEOs), which enable companies to outsource their human resources responsibilities. A PEO for small business can help the company save money and reduce employee turnover. Why use a PEO for small business? What is a PEO?

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What HRIS Systems Are Best for Small Businesses?

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Onboarding. HRIS systems for small businesses have evolved greatly over the years. While you can still find systems that will handle specific functions, the best HR software for small businesses is more comprehensive. How to identify the best HR software for your small business. Hiring and onboarding.

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Small Business Succession Plan 101

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For small businesses, the number of business owners who have a documented business succession plan is even lower, with just 1/3 being prepared for an eventual transfer. However, pushing business succession planning into the background can backfire, leaving a business owner unprepared for a sudden sell-off or merger.

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Top 12 Tips for Starting a Small Business

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If you ask small business owners what they’d do differently when starting out, you’d probably hear “a lot.”. Running a small business inevitably teaches owners many lessons about growth and effective business operations. Protect your business legally. Have separate business and personal expenses.

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5 Steps to Choosing the Right Employee Engagement Software for Your Business

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However, onboarding the wrong software can result in wasted resources and a minimal impact on key engagement metrics such as retention, absenteeism, and turnover. With a wide range of employee engagement platforms on the market, we’ve drilled down the five steps you need to take to evaluate and onboard the right solution for your business.

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HR in 2023: Trends to Watch For

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The Great Resignation may be waning as the flexible scheduling and compensation strategies are now helping HR professionals retain their employees. In 2022, this included: Out-of-the-box compensation. This past year saw companies like Shopify roll out novel methods for compensating their employees. Impact in 2023. How to begin.

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Why Offering a Safe Harbor 401(k) Might Be the Right Fit for Your Business

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This crisis is even more drastic for small businesses in the United States. small businesses — defined as one to 99 employees in — that employ 42 million people. 90% of those businesses do not offer a 401(k) plan. When you look at small businesses as a whole, they make up 99.7% There are more than 5.8