02 27 2015

Small Business HR Time Sink

02 27 2015

Combat HR Time Sink With The Right Tools

Running a small business typically means employing workers, something that can impact everything from internal policies to working capital needs. However, it also means contending with the challenges of human resource management.

According to a recent report from Human Resources (HR) services provider TriNet, it’s this aspect of business that can take up more time than any other. In fact, nearly one-third of those in charge of a business cited HR documentation and workplace compliance as their greatest worry in a recent survey.

While larger companies can turn to specialized departments and even outsourcing to assist with HR needs, small business owners generally aren’t so fortunate.

“Government doesn’t think about the size of a company when it sets new legislation and compliance regulations,” Burton Goldfield, president and CEO at TriNet, said in a media release. “If not properly prepared and equipped, small and medium size businesses can quickly be distracted and hampered by the complexity and weight of regulation.”

Simplifying HR through technological tools

Advances in IT equipment and computer software offer small business owners the tools they need to streamline processes and reduce time spent dealing with HR.

For example, payroll software can be used to ensure all workers are paid correctly and payroll taxes are filed accurately and on time. This helps keep employees happy while also minimizing the risk of compliance issues, fines and litigation.

Meanwhile, these types of tools can also cut down on costs and errors associated with old-fashioned manual processes.

Software Advice, a consultancy that reviews and researches numerous types of software, recently reported 31 percent of surveyed software buyers said they needed tools that would better help them plan and manage daily operations. Twenty-six percent wanted to improve efficiency and organization.

With TriNet reporting that some business leaders spend an average of up to 46 percent of their time on HR issues, it’s clear that utilizing these tools can help.

Featured


  • Small business automation tips

    Small Business Automation: 4 Effective Tips for Success

    Running your own business isn't easy. There are countless tasks to accomplish and limited time to spend on them. Luckily, business owners today have technology on their side. Automating some of your business processes is beneficial on multiple levels. First, it saves you time and energy that you can be dedicating to another important feature of… […]

  • Encourage employee volunteerism

    4 Ways Companies Can Benefit From Social Responsibility

    Companies are taking corporate social responsibility more seriously than ever. According to The Guardian, more than 5,000 corporations release their environmental, social and corporate governance performance on an annual basis. And, nowadays, it's not hard to find an initiative designed to attract socially​ minded companies. The Guardian explained that today's trends in social responsibility are a… […]

  • Prepare your landscape business for summer

    4 Ways To Prepare Your Landscaping Business For Summer

    As the winter months come to a close, home and business owners will begin to ponder their lawns and gardens. They know their landscaping is important for inspiring positive first impressions of their property. And who will they turn to for the landscaping tune-up? Your landscaping company, of course! As such, now is the time… […]

  • How to get a business loan with bad credit and no collateral

    How to Get a Business Loan with Bad Credit and No Collateral

    Small business owners can develop a successful, vibrant organization and still deal with common problems like bad credit and a lack of collateral. Does that mean your business can't secure a loan? While having good credit and collateral on hand can help you secure a loan in some instances, there are established, dependable alternative lenders… […]