If you decide that independent contractors better suit
your needs than employees, make sure your treatment of these workers will be respected by the government.
Not exact matches
When PJ Wallin
needed to hire an
employee for his growing financial planning company, Atlas Financial, he looked no further
than his fellow coworker, Darla Keefer.
As a leader, if you want your
employees to be as effective as possible, you
need to do more
than just give them orders.
Dig Deeper: Choosing the Limited Liability Company as Your Corporate Form Case Study: Why an S Corp Might Be the Better Choice While Turner's story is a compelling one for a smaller, lifestyle business, the truth is that fast - growing businesses that plan to bring on investors or share the ownership of the company with
employees may
need to consider making the switch to an S corp sooner rather
than later.
If you
needed to pay
employees or a repairperson to do maintenance on purchased equipment, it could wind up costing you more
than if you'd leased it.
The Millennial generation has an entirely different consideration set for motivation, and given that they already comprise more of the workforce
than GenXers and Baby Boomers, we
need to invest time, money, and energy into creating workplaces that Millennial
employees will love.
The small business owner who clearly communicates personal expectations and company goals, provides adequate compensation, offers meaningful opportunities for career advancement, anticipates work force training and developmental
needs, and provides meaningful feedback to his or her
employees is far more likely to be successful
than the owner who is neglectful in any of these areas.
Rather
than leave
employees to fend for themselves in a noisy industry, choose a wellness program that will arm them with accurate information and give them the tools they
need to get — and stay — healthy.
Your
employees, customers, partners and shareholders
need you to do a lot more
than try.
Some are, as five states, including Mississippi and Louisiana, have no official minimum wage, and two more, Georgia and Wyoming, have a minimum wage of $ 5.15, or about $ 10 less an hour
than full - time
employees would
need to make to be able to afford a two - bedroom.
Following the layoff of more
than 300
employees in October, the company is not likely to
need all its office space any time soon.
If you've got more
than five full time
employees then you'll
need a human resources (HR) management platform.
It costs much less to retain
employees than it does to replace them, which makes the
need for engaged
employees even more important.
Still, Trujillo stressed that Uber's «toxic culture»
needs to change — even if many of the company's workers have said they supported the status quo, with more
than 1,000
employees signing a petition to reinstate Kalanick as CEO.
The quest for more «business agility» means that
employees whose work is presumably no longer relevant or
needed will be cut sooner rather
than later.
«
Employees who ask their boss directly for a bonus are twice as likely to be successful in that request
than last year, so making proactive, bold moves in 2017 could pay off, but one always
needs to approach these conversations with care,» said Accounting Principals president, David Alexander.
At Lever, one
employee posted on LinkedIn about the
need for women in tech sales which garnered more
than 12,000 views and inspired the company to organize a San Francisco meetup.
Posterous is operated by three full - time
employees and one contractor, and the company intends to grow no faster
than it
needs to.
As an added bonus, if your small business uses contractors rather
than — or in addition to — regular
employees, Zenefits makes it easy to manage their details as well, allowing you to track their compensation and handle their tax
needs from within a single program.
That's why it's more important
than ever before to build a diverse staff for your business: Recruiting and retaining a diverse, inclusive group of
employees lets your company reflect the world around you and makes your team better able to develop fresh ideas that will meet the
needs of the whole marketplace.
Have a pre-written message waiting for
employees to send, so they don't have to type any more
than they
need to.
He calls it «conscious capitalism,» a mode of doing business that attempts to create value for all stakeholders —
employees, customers, community, shareholders — rather
than sublimating the
needs of the first three to those of the last.
In fact, in the U.K., it's mandatory for businesses with more
than 250
employees to publish a report this year, and the legal requirement has got more companies speaking out about how more senior positions
need to be filled by women.
Moreover, it's common sense that one employer and
employee response to rising healthcare costs would be turning to plans in which the lofty deductible offsets the exorbitant premiums — especially among younger
employees who, generally speaking,
need medical services a lot less
than their older coworkers.
Even though companies with fewer
than 50
employees aren't required to offer qualified health care plans, the majority of them say they
need to offer benefits to compete with larger companies.
«Rather
than trying to forever get more out of their people, companies are far better served by systematically investing in meeting as many of their
employees» core
needs as possible, so they're freed and fueled to bring the best of themselves to work.»
On 3G, which Buffett was pressed on more
than once, he said that the Brazilian partnership has bought some companies that have more
employees than it
needed.
Rather
than just implementing the technologies the IT department thinks the workforce
needs, business leaders must treat their
employees like consumers — in other words, ask them about their challenges, their goals and what technologies they believe are critical for success.
Because remote
employees aren't in the main office, they are especially at risk to feel as if their wants and
needs are less important
than their colleagues who work in the main office.
Beyond that, Sherman says business leaders
need to start rewarding ethical behavior among
employees, rather
than just productivity and performance.
The city still
needs to work on hiring of new
employees, however, as respondents rated this factor lower in 2015
than in the previous two years.
If you're on a tight budget and
need someone who can hit the ground running, it may be more cost - effective to get along with an unfilled position
than to hire someone who not only won't be productive from Day One, but will also take up another
employee's time to train, lowering overall productivity.
Employees need more
than just an app.
We've found that male managers, despite being well - intentioned, often aren't equipped to handle women in conversations about stress, flextime, remote working, what the company is willing to do, and other issues that they
need to approach differently
than they would for their male
employees.
If this partnership is to meaningfully improve healthcare delivery, it
needs to include more
than the
employees of these companies.»
That's why a kind word, a quick discussion about family, an informal conversation to ask if an
employee needs any help — those moments are much more important
than group meetings or formal evaluations.
Which probably should be enough to convince you to view that slumbering
employee as a productivity ninja rather
than a slacker, but if you
need even more convincing, yet another study on the benefits of napping just came out.
If the ultimate aim of any feedback is to improve
employee performance — and therefore, the organization's performance —
than you
need to consider whether the timing and the wording of the feedback will accomplish those goals.
Employees need to understand and value the importance of personal branding, which today more
than ever rests on deep social participation.
Organizations preoccupied with short - term, bottom line thinking often view their
employees as little more
than resources to be hired, fired, and manipulated as the
need arises.
When we look at the 12 engagement elements for
employees who say they have privacy when they
need it, we find they are more likely
than their peers to strongly agree with these elements:
Amazon says it's considering metro areas of a million or more, but realistically to provide 50,000
employees a metro area is going to
need to be significantly larger
than that.
With assets under administration of $ 5.2 trillion, including managed assets of $ 2.1 trillion as of April 30, 2015, we focus on meeting the unique
needs of a diverse set of customers: helping more
than 24 million people invest their own life savings, nearly 20,000 businesses manage
employee benefit programs, as well as providing nearly 10,000 advisory firms with technology solutions to invest their own clients» money.
This is perhaps why less
than 50 % of people have even tried to calculate how much money they will
need in retirement, according to the retirement confidence survey from the
Employee Benefit Research Institute.
Virtual
employees need to be more self - motivated
than on - premise workers.
With more
than 2 million temporary and permanent
employees on the company's payroll, the
need to maintain rigorous checks and balances is significant.
With assets under administration of $ 6.2 trillion, including managed assets of $ 2.3 trillion as of June 30, 2017, we focus on meeting the unique
needs of a diverse set of customers: helping more
than 24 million people invest their own life savings, nearly 20,000 businesses manage
employee benefit programs, as well as providing nearly 10,000 advisory firms with technology solutions to invest their own clients» money.
This means that Uber
employees who make less
than $ 200,000 in salary, will also
need to be worth $ 1 million to sell their shares (this includes the value of the shares).
With assets under administration of $ 6.9 trillion, including managed assets of $ 2.5 trillion as of March 31, 2018, we focus on meeting the unique
needs of a diverse set of customers: helping more
than 27 million people invest their own life savings, 23,000 businesses manage
employee benefit programs, as well as providing more
than 12,500 financial advisory firms with investment and technology solutions to invest their own clients» money.
At Uber, Khosrowshahi will
need to bring stability and discipline to a business that in just eight years has grown to about 15,000
employees in more
than 450 cities, not to mention the 2 million drivers who facilitate Uber's services.