As you review your profit and loss statement (P&L), are you wondering why revenue is down… or why are costs up? A single employee termination could be to blame. Employees who are fired or voluntarily resign cost a company at least one times the annual salary. Don’t believe it? Here is what adds up: lost […]
We often hear about the Department of Labor trying to combat “catch me if you can”. All those small business owners that, according to them, just love to ignore or avoid employment laws. While there may be some out there, the vast majority just don’t know these laws exist. And if they do know they […]
Congratulations on even having an employee handbook! Many small businesses try to go without, which ends up being a mistake. A current and labor law compliant employee handbook is an ASSET. It welcomes new employees, answers commonly asked questions and establishes standards for consistency and accountability; it proves what the employee should have known when […]
Congratulations! You have chosen to work with a professional employer organization (PEO) to make your payroll, benefits, workers’ compensation and human resource management life easier – all at a one stop shop and price. There are many advantages to using a PEO. Many of them were likely presented and discussed during the sales and enrollment […]
As a small business owner it is great to identify high achieving employees that are being groomed to become a manager or supervisor. This means your business is growing and you are in a position to lighten or re-distribute your load by trusting a supervisor to make a certain level of operational and leadership decisions […]
Common business owner question: How do I terminate this employee without fear of a legal challenge? In general, there are two ways to tackle this. First, create a hiring process that identifies poor performing employee BEFORE they are hired. Second, minimize liability by complying with labor laws, and hiring managers that are effective. Costs and […]
Contractor Dan; he’s beyond frustrated. More than half of the employees he has hired in the last year have been let go – most of them in the first 90 days. Yikes! If a terminated employee costs the company at least one times the position’s annual salary, that’s a big loss to the P&L. So, […]
For an increasing number of entrepreneurs, running a franchise can be seen as an attractive proposition. Simply put, franchising is the practice of using another firm’s successful business model. You may be coming into franchise ownership with a good business background. You may even be fortunate enough to understand the basics of hiring, management and […]
Employees are an investment. At some companies, they are the most expensive investment. Would it surprise you to know that the cost of turnover for a $40,000 a year position (when factoring in hard and soft costs such as lost productivity) could cost you as much as $40,000 to $60,000? Employees who are in their […]
As a small business owner, you might be having a tough time coming to grips with unemployment insurance. At Infiniti HR, we want to help you better understand what this is and how it works so that you may cut down on unemployment insurance costs. It’s a joint federal-state program that allows unemployed workers to […]
Join the INFINITI HR family! Subscribe to our newsletter and get the latest HR news and tips.
INFINITI HR helps companies reduce costs by managing human resource functions while allowing businesses to focus on their core operations that impact profitability. Our platform provides full regulatory compliance management, on-demand HR guidance, real-time payroll /tax filing, POS integration and access into industry leading True-Group master policies for workers’ compensation, employment practices liability insurance, and other operational business coverages.
Toll free: 866-552-6360
