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The Cost of Employee Turnover for a Small Business

by David SwiftApril 8, 2021 8:00 AM

As a small business owner, it’s essential to understand how different events affect your bottom line. Sometimes this process is as easy as checking an invoice, but other cases are not quite as clear. This is exactly the issue when it comes to employee separation costs.

Losing an employee costs you more than just a member of your business. The departure of an employee can cost your business in a variety of ways. Let’s break down the reasons for employee separation, the true costs of employee turnover, and what you can do to prevent talented people from leaving your business.

A small business owner walking past empty chairs and dealing with the costs of employee turnover.

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Human Resources

6 Ways to Maintain Workplace Compliance

by David SwiftMarch 23, 2021 8:00 AM

Whether you need to follow legal regulations or simply have some company rules, workplace compliance requirements are crucial for any small business. Unfortunately, it’s not always easy to get employees on the same page. 

It’s important for small businesses to take some steps toward encouraging a compliant workplace. Encouraging this type of culture can help businesses save on workers’ compensation, create a safer workplace, and help everyone stay on the same page. Let’s break down what you can do to get your employees to buy in to your company’s rules. 

A man hooking into a safety harness to meet workplace compliance requirements.

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Human Resources

New Employee Forms: Essential Onboarding Documents for Small Businesses

by David SwiftMarch 16, 2021 1:49 PM

Hiring a new employee is an exciting occasion for a small business. However, it does call for a lot of paperwork. 

The onboarding process requires new employees to review and sign several documents. These papers range from government forms to records specific to your business. Regardless of their purpose, it’s important to make sure new hires address these documents shortly after they join your company. Let’s break down the various documents required for onboarding a new employee.

A small business owner handing over onboarding documents and other new hire employment forms. 

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Human Resources

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