Did you know that labor costs can account for up to 70% of total business expenses? Beyond an employee’s salary or wage, there are other labor costs that can add to an employers’ bottom line, including Workers’ Compensation. While many employers...
As a leader in human resources at your organization, you’re always looking for ways to better serve and engage your employees. After all, engaged employees are happier and more productive. In fact, Gallup reports that “companies with highly engaged...
Labor costs, which can be made up of wages, benefits, insurance, taxes, admin, and more, can account for up to 70% of your total business expenses. While many employers think there’s little they can do to reduce these costs, there are actually ways...
Our fall Growth Series event, “Build a Healthy Feedback Culture,” took place on September 19 and featured Sheila Heen, New York Times best-selling author, as our keynote speaker. We couldn’t have been more thrilled to welcome her to the islands.
Giving feedback can result in difficult conversations at times. It can be easy for managers to miscommunicate or deliver feedback without enough empathy, just as it can be easy for employees to become defensive.
Labor costs, which can be made up of wages, benefits, insurance, taxes, admin, and more, can account for up to 70% of your total business expenses. While many employers think there’s little they can do to reduce these costs, there are actually ways...
When you’re trying to figure out how your labor costs impact your bottom line, it’s important to think beyond payroll. In addition to employee wages, there’s a long list of benefits, taxes, insurance, and administrative costs that can add up.
