Studies show that businesses spend 38% of employee salary on hiring and training new employees. While the cost may be lower for small business owners, employee turnover is still a burden.
Many people think they know what makes up a company’s human resource development. But businesses have a variety of human resource development methods. There are many skills, abilities, and specialized pieces
The definition of the term human resource (HR) solutions means different things to different businesses. But the businesses all share a common denominator. All HR solutions try to incorporate effective
According to the Bureau of Labor Statistics, only about 7.1 million private sector employees are represented by a union. The National Labor Relations Act of 1935, also known as the Wagner Act,
Companies that use an HR outsourcing strategy generally enjoy lower operational budgets, greater efficiency, and more focus on other parts of the business. It is no wonder that the outsourcing
An employee separation agreement is a contract between a former employee and an employer. It specifies the terms agreed to related to the termination of employment. The contract specifies the
The Fair Labor Standards Act or FLSA requires that most employees in the United States receive at least the federal minimum wage for all hours worked and overtime pay for all
When most people think about employee compensation, They only consider monetary payments to employees. However, employee compensation encompasses any benefit an employee receives for working. Employee compensation includes everything from
Why should you care about employee retention? Turnover hurts your organization’s bottom line. Recruiting new employees has a high cost, and the time it takes to train a new employee
Terminology varies around specifics and definitions of employee leasing, staffing, and recruiting services. As a result, you may get a completely different definition depending on the company you ask. To