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Monday, 29 July 2019

To CFO or not CFO? A small business dilemma

Written by Tom Shemanski, CPA

Whether or not to hire someone to fill a CFO role is a question that many small businesses face. Maybe to help answer this question, we need to ask another. What does a CFO provide beyond what your controller, accounting manager or bookkeeper are providing? Here’s a brief listing of what you could expect from a seasoned CFO: Strategic thinker What’s our value proposition in the market place?..

Monday, 29 July 2019

Recruiting for talent: Finding the best around

Written by Susan West

Recruiting talent has never been as critical as it is today. It seems like recruiting strategies are changing at the speed of light, and human resource departments and management have to keep up with the latest trends and changes in the workforce. And, for the first time, there are now five generations in the workplace working together side-by-side. This creates new challenges for managers as they attempt to engage employees at various stages of their careers...

Tuesday, 16 July 2019

Be ready for anything with regular business valuations

Written by Thomson Reuters

Do you know the current value of your business? Even if you’re not considering selling your company or otherwise transferring its ownership right now, it could happen sooner than you think. In some cases, an ownership transfer becomes suddenly appealing when a company struggles to the extent that a sale becomes the best avenue for starting over. But more positive circumstances can drive the decision, too...

Wednesday, 26 June 2019

Breadth and depth for any situation

Written by The Rehmann Team

Litigation and fraud can be threatening and costly events for both companies and individuals. The time and effort associated with litigating a matter are significant, and legal matters often have many moving parts. It is critical, then, to have the right firm in place to work with counsel. Litigation often has to wend its way down a complicated road that includes contemplating legal action, filing a suit, conducting discovery, taking depositions, perhaps considering dispute resolution alternatives … and even more...

Thursday, 04 April 2019

Hiring the right talent: Best practices to boost your team

Written by Susan West

Finding the right staff for your organization is a problem that companies have faced as long as there have been companies. Choosing the wrong person for your team can be expensive on just about every level. Not only does it cost you money in salary and hours, it can cost you in productivity, efficiency, and worst of all, in company morale. Choosing the right employee, however, pays amazing dividends...

Thursday, 04 April 2019

Can I ask or tell employees not to discuss pay?

Written by Susan West

Most people have worked at a job where there was a policy of not discussing pay among workers. For most, it’s something that people just assume is in place and don’t question. However, the truth is that these policies may not be legal. Indeed, they could be playing a major role in the ongoing issues related to the wage gap that exists in the modern workforce...

Thursday, 04 April 2019

Effective exit interviews: Making the exit work

Written by Susan West

Exit interviews are a tough thing for many businesses. We conduct them because they’re considered standard, but do we do them right? Is it possible to make an exit interview work to actively improve our company? Certainly it is possible to do so, and in fact it should be an active goal...

Thursday, 04 April 2019

Outsourcing exit interviews

Written by Susan West

Exit interviews are all-too-often overlooked as a vital part of human resources strategy. No company should be without this process, as it provides an important means for evaluating your company’s policies and procedures. Far too many companies have little knowledge of how to conduct and best leverage the exit interview to its fullest potential. This is why many companies are turning to outsourcing exit interviews...

Thursday, 04 April 2019

From the ground up: Secrets to starting an HR department

Written by Susan West

The human resources field as it exists today is newer than most people realize. Far from simply hiring and benefits, the HR department sets the goals for employment practices and guides the vision and ideals of the company. Some companies, indeed, don’t even have a modern HR department and building one from scratch can seem like a very daunting prospect. Here are the secrets and steps to starting an HR department from the ground up...

Thursday, 04 April 2019

HR record retention guidelines

Written by Susan West

The HR department of a company is responsible for retaining and destroying employee records in accordance with not only the company’s policies, but also according to the federal and state laws that govern record retention. Outlined below is a typical HR department’s operating procedures for retention of personnel records together with the destruction of any documents when the retention period has passed. If your organization’s retention procedure is not of a sufficient time-frame for the state it operates in, then the state’s requirements would supersede the company policy. The HR department is responsible for maintaining both the employee records as well as the government compliance reports...

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