10 tips on creating HR processes and policies for startups

You're a go-getter. You've spent months, if not years, getting your startup off the ground. If you're like most entrepreneurs, you've done most of it on your own. But, regular tasks like recruitment, hiring, payroll, benefits plans and employee care are slipping away from you, and there's that nagging voice in your head that's telling you that you need some help. Yet, you don't think your startup is quite big enough for an HR (human resources) department. So, what do you do? In this article, we'...
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5 ways to improve employee motivation & productivity with e-learning

One of the major reasons why people leave their jobs or feel unsatisfied with their current work position is routine. Doing the same thing every day, even if you're good at it, can kill productivity and leaves the person behind the job feeling stuck. Another reason behind the work routine is micromanagement. When you don't trust your employees with empowering tasks, you take away from their confidence. In time, this leads to boredom, a no-creativity work environment and finally, low productivity...
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5 signs it's time to outsource accounting

Taking care of your startup's accounting functions in-house can not only be a headache but a time-consuming task that eats up a lot of your resources. Whether it's payroll, accounts payable, accounts receivable, credit card reconciliation, inventory and budget reports, bank reconciliation, or payroll reconciliation, accounting can often be too much for the small startup to handle. How do you know you need help? Here are five signs it's time to outsource accounting. #1: You have no time left for ...
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12 cognitive biases that impact your finances

Making financial decisions is hard. So hard, in fact, that 7 in 10 Americans admit to postponing making major financial decisions. The stress that comes with potential repercussions of our decisions lead us to commit errors in thinking called cognitive biases which affect our judgement and decision-making skills. They cause us to hold on to our own preferences and beliefs instead of assessing our situation from a more rational standpoint. Cognitive biases can wreak havoc on our financial lives —...
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Why your startup needs an employee handbook

An employee handbook is vital to the success of your startup. But, perhaps you're wondering why your startup needs an employee handbook and when it's appropriate to create one. Two of the simplest reasons you need one are for the creation of processes and policies and to facilitate benefits administration. Let's look at these reasons as well as a few others, but first, let's discuss when you need one.   When do you need a handbook? While there's no one-size-fits-all answer, it's the best pr...
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