Remove Expenses Remove Payroll Remove Team Remove Training
article thumbnail

While Large Firms Can Afford Layoffs, Small Companies Are Labor Hoarding

Allwork

In short, instead of facing the hefty expenses of laying off employees and training new ones, organizations are turning to higher payrolls for current workers. In the years following the pandemic’s wrath, companies are more concerned with mitigating costs than they are hiring new team members.

Payroll 239
article thumbnail

Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

Companies are more concerned with mitigating costs than they are hiring new team members. . Amidst the consequences of the pandemic, companies are more concerned with mitigating costs than they are hiring new team members. . Allwork.Space spoke to three HR leaders to gauge their opinion on the practice of labor hoarding. .

Payroll 279
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 SOP examples for your business

BMT Office Administration

It is the responsibility of each department lead to provide department-specific training and onboarding to new employees. Coordinate with department manager to schedule department-specific onboarding meetings and review additional training needs. The HR and Recruiting teams are responsible for the creation of each job post.

Payroll 72
article thumbnail

Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

They help maintain a safe workplace Does your organization require mandatory OSHA training? Are your employees up to date with their fire safety and first-aid training? Keeping safety records will make it easy to know if your team needs to update their training, helping you stay in compliance with any OSHA requirements.

Filing 52
article thumbnail

It’s time to review (or create) your document retention policy

BMT Office Administration

The importance of a records retention policy team. Assembling a team that approaches the process from different angles and spheres of expertise can prove valuable. Each employer shall preserve for at least three years payroll records, collective bargaining agreements, sales and purchase records.

Policies 105
article thumbnail

Control Expenses – Automate Process Through Workflow Software

Small Business CEO

How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll? Increase cross training capabilities. Tags: CEO Leadership Entrepreneurs expenses transactions workflow software. Internal processes. Standardization of process.

article thumbnail

5 Administrative Assistant Skills That Add the Most Value

Admin Awards

And given the role many administrative staff are playing in supporting their teams in today’s challenging business environment, they deserve the recognition more than ever. Training — Employers prefer administrative professionals who are not only tech-savvy but also well-versed in the company’s most-used tools.

Skills 40