It isn’t easy to run a small business on a tight budget, which is why business owners are looking for neat ways to cut down their daily operational costs and keep their company afloat. The trick, however, is to strike a balance between reducing costs and maintaining the product/service quality. […]
Blockchain is the latest buzz that has taken the world by storm. While it is commonly associated with cryptocurrencies such as Bitcoin and Litecoin, it has an important role in HR tasks and recruitment operations within businesses. Below are five ways blockchain will impact HR tasks. […]
It is common for SMEs (small and medium sized enterprises) to do business without having a dedicated payroll system. They make do with whatever works for them. The efficiency varies from company to company, but 9 out of 10 times, it always makes sense to switch over to an automated payroll software solution. Take a look at some of the alarming signs your company is in dire need of a new payroll system. […]
Every person is unique in their own way. They have different personalities and characteristics, molded by work, family, and personal relationships. Every person responds to external stimuli in their own different way. So there really isn’t any guaranteed litmus test that helps identify signs of stress among employees. The best thing you can do as an employer is to spot certain telltale signs that your employees are under stress. […]
A Health Reimbursement Arrangement (HRA), also known as a Health Reimbursement Account, refers to a tax-advantaged benefit that enables both the employers and employees to save on healthcare costs. These plans are employer-funded and involve the employer setting aside a set amount of tax-exempt money for its employees to pay for annual healthcare expenses.
In this blog, we discuss how the HRA works and how it benefits both employers and employees. […]