Did You Know?
HR and Payroll Tips and Tricks
"The number one small business issue is the cost and availability of insurance."
National Federation of Independent Business and US Small Business Administration, 2007
"Thirty-three percent of small business owners identified workers' compensation as a critical problem."
National Federation of Independent Business, 2007
According to Jury Verdict research, the average jury award for employment practice liability case was $250,000
"Business owners spend up to 40 percent of their time consumed by employer-related paperwork."
US Small Business Administration, 2007
"HR expense per FTE, which represents the amount of human resource dollars spent per fulltime equivalent (FTE) in the organization, increased to a median of $1,200 in 2006, up from 1,072 in the previous year."
SHRM, Human Capital Benchmarking Study, 2007
Regulations cost business owners with fewer than 20 employees about 60% more per employee in compliance costs than experienced in larger firms.
Over the next 12 months, roughly 1/3 of Best-in-Class companies plan to start using enterprise collaboration tools that enable real-time information exchange and notifications. - Aberdeen Group, The Global War for Talent - Getting What you Want Won't Be Easy, 2007
