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How HR Management Can Better Understand Their Organization's Talent

February 21, 2017 /
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Your Human Resource Department is an extremely vital part of your organization. This is the cog in the machine that governs your most valuable asset - your talent. Make no mistake, your customers are important. But great employees are the reason your customers are happy and the driving force behind your success or failure. And like any great team, it's not one rock start player doing all the work. A great organization has a lot of employees who work well together. HR management has the job is to understand the players and find ways to step in to create the environment where each individual can thrive, because that's where a cohesive team excels.

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The problem for many larger companies, and even smaller businesses looking to expand, is not in implementing sound protocol for HR. It's in a disconnect between HR and the actual employees. Your HR might have a great succession line for permanent jobs. They may have solid plans on moving the company forward and meeting employee needs. But often there's a disconnect between the plans and their final outcomes. For instance, if HR's input has resulted in a succession line for your key positions, great. But what happens when the people you want to hire from within hand in their resignation? These kinds of things can happen for a myriad of reasons but many employees will be more apt to look for other opportunities when the company is not meeting their needs. And this dynamic is all too common when HR governs from an office without getting into the workforce with the employees they manage.

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What Makes a Workforce Management Platform Effective?

February 15, 2017 /
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Are your employees important?

Of course they are. In fact, without these great employees, your business may be significantly less successful than it is right now. Don't believe us? Well, we certainly don't recommend getting rid of your current staffers in favor of an experiment that will surely go south, but here's something to think about.

Human capital management involves the strategic oversight and placement of your people. This doesn't mean you sit by the front door with a stopwatch in your hand, timing the very second your employees walk through the front door. In fact, great workforce management has very little (in fact -- nothing!) to do with micromanagement. Rather, it implores a system whereby employees can easily access the tools that will make them even better at their jobs tomorrow than they were yesterday. In doing so, companies benefit from increased efficiency, productivity, engagement, and morale.Sounds like a win-win, right?

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4 Best Practices of Web-Based Human Capital Management

February 9, 2017 /
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Faced with the challenge of recruiting and retaining talented employees while keeping costs under control, increasing numbers of companies are turning to web-based HR solutions through the cloud. In the past, HR was tasked primarily with administrative responsibilities, such as managing paperwork and payroll. For many businesses, HR has evolved to address several key areas, including strategic workforce planning, training, recruitment and hiring, and performance management. Human capital management recognizes that employees are more than "big data" and considers how businesses and employees can mutually benefit one another. Technology significantly expands a company's ability to locate qualified individuals and place them where they can best utilize and build upon their skill sets. Web-based talent management allows entrepreneurs and HR professionals to develop standardized processes to maximize the potential of their employees while providing optimal benefits to the company.

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Payroll and Tax Filing Considerations for 2017

February 6, 2017 /
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January usually signals tax-preparation time for business owners and accounting departments. As a new year begins, it's critical for business leaders to be informed about any additions or changes to payroll and tax filing requirements and deadlines. As you gather paperwork, make note of important filing considerations for 2017.

New Deadlines

Financial industry experts report that the filing due date for C-Corporations (filing Form 1120), was changed from March 15 to April 15. Conversely, for Partnerships and S-Corporations (filing Forms 1120 and 1120-S, respectively), the deadline has been moved from April 15 to March 15. If you miss the deadline, you may have to make estimated payments of what you owe and request an extension from the IRS.

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Form I-9 Changes That You Need to Know About

January 31, 2017 /
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A new year is upon us yet again, which can only mean one thing: there are a huge number of changes to the various forms that human resources and other business leaders use daily that they have to contend with. Case in point: starting on January 22, a new version of Form I-9 was released that replaces the previous version that has been in use since March of 2013. Though the form itself is still used for the same basic purpose, the intention of those changes are absolutely something business leaders need to know about.

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How HR Can Better Understand Talent Management

January 24, 2017 /
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Your human resources department is one of the most vital aspects of your organization. This is the cog in the machine that governs your most valuable asset - your talent. Make no mistake, your customers are of utmost importance, but great employees are the driving force behind your success. Like any great team, it's not one rock star doing all the work. A great organization has lots of employees who work well together. HR's job is to understand the players and find ways to step in to create an environment where each individual can thrive; which in turn will help business thrive.

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The Key Differences Between Legacy and Modern Payroll Processes

January 19, 2017 /
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Technology has made a significant impact on our universe in the last twenty years. From email to mobile apps and web platforms that have immensed professionals' lives into the 21st century, the working world has undeniably been impacted by man's modern-day creations. All industries are finding ways to benefit from the technological revolution. However, some industries and certain business functions within them have been slower to adapt to change than others. In many companies, human resource and payroll tasks have been placed in a corner as upgrades and advances have swept other departments.

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Why Employee Satisfaction Goes Far Beyond Free Food and Fun

January 17, 2017 /
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If you asked retired professionals how many ping-pong tables and beer kegs they kept in their offices twenty or thirty years ago, it wouldn't be surprising if your inquiry was met with a furrowed brow and a cocked head. Employee engagement was simply not a huge subject matter of interest in previous generations. Conversely, as millennials began to enter the working world, an epic shift began to occur where the focus became fun in the office. Companies looking to boost employee morale and attract top talent began to use entertaining elements to stand out as the type of place great people would want to work.

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Your Guide to Avoiding Common Payroll Mistakes

January 4, 2017 /
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In a perfect world, payroll would never be an issue. Employees would get paid properly for the time they work, benefits would always be allocated, and time off would always be put in the right bucket. Alas, we don't live in a perfect world, and mistakes do happen. Payroll mistakes, in fact, are much more common than many people might realize. According to Bloomberg, $4.5 billion in penalties were assessed by the IRS to companies in 2013 following 6.8 million tax- and payroll-related issues.

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Updates to Kronos Workforce Ready Enable Better HCM

December 29, 2016 /
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Updates to the Kronos Workforce Ready platform are set to increase the effectiveness of human capital management in organizations that use the popular cloud platform.

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