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March 2008 Newsletter - What HR issues do all small businesses have in common?
What HR issues do all small businesses have in common?  | | By Richard J. Hughes, CEBS, President & CEO, MagnaHR, Inc If you’re like most people, you went into business for yourself because you had a passion and a talent for your chosen profession. However, if you plan to be anything more than a one person operation, then you’ll have employees and this will create a whole new set of human resource issues. And, unless you’re expertise is in the human resources field, then you might need to get some help from your attorney or other professional advisers in such areas as… Staffing & Recruitment This is simply finding and hiring the best people and placing them in the right position and giving them a competitive benefits and compensation package in order to ATTRACT, RETAIN and MOTIVATE them to continue working for your company. Payroll & Tax Filing While QuickBooks and/or Peachtree are both good small business accounting packages, you should seriously consider outsourcing your payroll to a third party payroll provider who is much more familiar with Federal, State and Local payroll laws. Additionally, you should use their payroll tax filing services since this not only shifts the work…but also the liability…to the third party vendor for accurately paying the various taxing authorities. Click to continue reading about... | SERVICES:        How can a company benefit by outsourcing its human resource activities? Quite simply…all organizations should focus on their core business and outsource the non-core functions if they can be done better, faster, and/or cheaper by an external service provider. And, unless human resources is the core business, companies of any size can benefit by outsourcing this critical function. Click to continue... | |  | MagnaHR, Inc. - Solon 31105 Bainbridge Rd., Suite 100 Solon, OH 44139 Phone: (440) 248-9048 866.MAGNAHR or 866.624.6247 Fax: (440) 248-9860 info@magnahr.com www.magnahr.com | MagnaHR, Inc. - Columbus 300 Spruce Street Suite 250 Columbus, OH 43215 Phone: (614) 857-9090 (866) 624-6247 Fax: (866) 624-6242 | | | MagnaHR, Inc. – Chicago, IL 1847 West Jefferson Avenue Naperville, IL 60540 (866) MAGNAHR or (866) 624-6247 Fax: (866) 624-6242 | MagnaHR, Inc. – Lyndhurst, NJ 1290 Wall Street West Lyndhurst, NJ 07071 (866) MAGNAHR or (866) 624-6247 Fax: (866) 624-6242 | | If you no longer wish to receive HR updates from MagnaHR, click to unsubscribe.
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