No matter what industry you’re in, hiring mistakes cost a lot of money—about 20% of an employee’s salary, or $6,000-$15,000 for an average worker. For specialized or senior employees, replacement costs can be astronomically higher. But anyone who has ever dismissed a bad hire knows the financial cost is just the tip of the iceberg. […]
While you’ve had your head down taking care of business, the presses have been busy printing off the freshest business books on every topic imaginable, from the perspective of fellow entrepreneurs, journalists, academics, and beyond. Our collected list of 2016’s best business books compiles 19,064 pages of implement-now tactics and stories to inspire and help […]
How well do you know the Fair Labor Standards Act? Created in 1938, complying with the FLSA is complex, with highly-specific exemptions aplenty. Take our FLSA challenge to see if you can properly determine which jobs receive overtime and minimum wage, and those that shouldn’t.
Two common misconceptions in paying out overtime to employees is that both 1) “white collar” office workers and 2) any salaried employee with a manager title is automatically exempt from receiving overtime. This confusion has led to its fair share of pricey legal fees and penalties, so, we’d like to sort through once and for […]
Human resources isn’t dead, even though everyone has been forecasting its demise for a good long time. But HR does have a complicated history—at different points in time, it’s viewed as either critical or peripheral to a company’s success, following trends in the labor market. Are workers more likely to change companies? Should companies invest in […]
When growing a company, any number of small tasks have the potential to snowball into a mountain of work if not handled in a timely manner. One area you definitely don’t want to ignore? HR. From onboarding and compliance to benefits and beyond, letting these tasks fall by the wayside means risking an avalanche of […]