• Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent

  • De: Asure
  • Podcast

Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent  Por  arte de portada

Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent

De: Asure
  • Resumen

  • Welcome to Mission to Grow, the podcast tailored for small business owners seeking practical insights, compliance-oriented content, and expert advice to navigate the complexities of HR and beyond. Hosted by Mike Vannoy, a seasoned business professional with a vision for rebranding and leveling up. Join us every Thursday as we delve into the world of compliance, productivity, and management strategies to empower owners and managers of midsize companies.
    Asure
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Episodios
  • Employee Onboarding - Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent - Episode #110
    Jul 18 2024

    The new HR Benchmark Report is in! With over 1,000 businesses surveyed, the report aims to correlate HR best practices and revenue growth by asking binary questions about whether or not firms follow certain HR practices. Here to share insights is VP HR Compliance and Learning and Development at Asure Software, Mary Simmons!


    The conversation revolves around optimizing new hire onboarding processes, emphasizing the critical elements of compliance, culture, and consistency. Discussing the importance of making sure your process is in compliance with the state laws. Their discussion underscores the strategic advantage of comprehensive onboarding processes in driving organizational growth and mitigating risks associated with non-compliance.


    Takeaways:

    • Fast growth firms (85%) outpaced zero growth firms (65%) in using onboarding checklists, showing a 20 percentage point difference. This basic step sets expectations and professionalism, aiding compliance and cultural integration.
    • Essential for compliance, an updated handbook is crucial. Fast growth firms again led with 89% having updated handbooks compared to 76% of zero growth firms.
    • Providing new hires with necessary paperwork electronically streamlines the onboarding process, improving efficiency and compliance.
    • Orientations aligning new hires with company values, mission, and vision significantly impact culture and productivity. They advocate for authenticity and practicality in these elements, cautioning against superficial adherence that fails to resonate with employees or align with day-to-day practices.
    • Proper training ensures legal compliance in hiring practices, crucial for avoiding penalties and fostering employee trust.


    Quote of the Show:

    • “ Ensure best practices as well as compliance, right?” - Mary Simmons

    Links:

    • LinkedIn: https://www.linkedin.com/in/marysimmonshrconsultant/
    • Company Website: https://www.asuresoftware.com/

    Ways to Tune In:


    • Spotify: https://open.spotify.com/show/2XThTdn7YC1lkAm0PgZUkj
    • Apple Podcasts: https://podcasts.apple.com/us/podcast/mission-to-grow-a-small-business-guide-to-cash-compliance-and-the-war-for-talent/id1725890976
    • Amazon Music: https://music.amazon.com/podcasts/328dddd0-3c4f-4b07-a0d3-13bdcb418486/mission-to-grow-a-small-business-guide-to-cash-compliance-and-the-war-for-talent?refMarker=null
    • Audible: https://www.audible.com/pd/Mission-to-Grow-A-Small-Business-Guide-to-Cash-Compliance-and-the-War-for-Talent-Podcast/B0CS71KQFM?qid=1706208857&sr=1-1&ref_pageloadid=not_applicable&ref=a_search_c3_lProduct_1_1&pf_rd_p=83218cca-c308-412f-bfcf-90198b687a2f&pf_rd_r=A1ME8MBECSVZ6K4D7CNT&pageLoadId=QBtg12mqKsuZPLGY&creativeId=0d6f6720-f41c-457e-a42b-8c8dceb62f2c
    • Podchaser: https://www.podchaser.com/podcasts/mission-to-grow-a-small-busine-5591006
    • Transistor: https://missiontogrow.asuresoftware.com/
    • YouTube: https://www.youtube.com/@AsureSoftware
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    51 m
  • Power of Benefits - Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent - Episode #109
    Jul 11 2024
    The new HR Benchmark Report is in! With over 1,000 businesses surveyed, the report aims to correlate HR best practices and revenue growth by asking binary questions about whether or not firms follow certain HR practices. Here to share insights is VP HR Compliance and Learning and Development at Asure Software, Mary Simmons!Mary joins Mike Vannoy to dive into chapter 2 of HR benchmark. Mary explains the different qualifying events, the regulations for notifying an employee, and who COBRA applies to. They note that while salary is crucial, competitive benefits and a supportive company culture are equally significant factors in driving employee satisfaction, productivity, and long-term business success.Takeaways:Many benefits, including health insurance, PTO, and retirement plans, are crucial for attracting and retaining employees. While salary is important, benefits often play a significant role in employees' decisions to join or stay with a company.Mary and Mike show how benefits are highlighted not just as an attraction tool but also as a retention tool. The data suggests that good benefits can significantly enhance employee loyalty and reduce turnover, especially when employees value the benefits provided. Mary underscores the significance of creating a supportive culture through wellness programs, guest speakers on health, and initiatives like gym memberships or nutritional advice. Such efforts foster a culture of accountability and care, which can enhance employee morale and retention.The discussion also touches upon retirement planning as part of financial wellness. Mary notes the increasing interest among employees, especially younger generations, in retirement planning and the role of employers in facilitating 401k plans, which can enhance attraction and retention of talent.Mike and Mary discuss the compliance challenges employers face with benefits, such as ACA requirements and inconsistencies in benefit offerings. Mary stresses the importance of consistency in benefit policies to avoid legal issues and maintain a positive company culture.Mary concludes by emphasizing that benefits are not just about compliance but are critical for attracting and retaining talent. Employers should benchmark their benefits against competitors, communicate them effectively, and ensure they align with employees' needs and expectations.Quote of the Show:“If there's a war for talent, how do I get that talent? It looks like everybody's looking for benefits. It's the best way to attract and retain the best talent.” - Mary SimmonsLinks:LinkedIn: https://www.linkedin.com/in/marysimmonshrconsultant/ Company Website: https://www.asuresoftware.com/ Ways to Tune In:Spotify: https://open.spotify.com/show/2XThTdn7YC1lkAm0PgZUkj Apple Podcasts: https://podcasts.apple.com/us/podcast/mission-to-grow-a-small-business-guide-to-cash-compliance-and-the-war-for-talent/id1725890976 Amazon Music: https://music.amazon.com/podcasts/328dddd0-3c4f-4b07-a0d3-13bdcb418486/mission-to-grow-a-small-business-guide-to-cash-compliance-and-the-war-for-talent?refMarker=null Audible: https://www.audible.com/pd/Mission-to-Grow-A-Small-Business-Guide-to-Cash-Compliance-and-the-War-for-Talent-Podcast/B0CS71KQFM?qid=1706208857&sr=1-1&ref_pageloadid=not_applicable&ref=a_search_c3_lProduct_1_1&pf_rd_p=83218cca-c308-412f-bfcf-90198b687a2f&pf_rd_r=A1ME8MBECSVZ6K4D7CNT&pageLoadId=QBtg12mqKsuZPLGY&creativeId=0d6f6720-f41c-457e-a42b-8c8dceb62f2c Podchaser: https://www.podchaser.com/podcasts/mission-to-grow-a-small-busine-5591006 Transistor: https://missiontogrow.asuresoftware.com/ YouTube: https://www.youtube.com/@AsureSoftware
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    57 m
  • Top 5 Things Businesses Need to Know About Payroll Security - Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent - Episode #108
    Jul 4 2024

    The episode features a cybersecurity professional who helps keep businesses safe. Please welcome Vice President of Information Security at Asure, Josh Gohman. Josh joins the show to share what things businesses need to be looking out for. Josh shares why being smaller doesn’t necessarily mean you are safer, how to implement best practices, and some of the common methods attackers will use.


    Takeaways:

    • There are various phishing tactics, such as manipulating urgency to prompt immediate action and exploiting trust in familiar systems like Office 365. Phishing is not limited to large corporations but also impacts small businesses due to attackers' ability to scale.
    • Attackers' methods range from tricking employees into divulging credentials to directly infiltrating payroll systems. Awareness and stringent security protocols are crucial in mitigating these risks.
    • Internal staff are vulnerable to email hacks that compromise credentials, enabling hackers to impersonate them and alter bank account details in the payroll system, train employees to promptly identify and report suspicious activities.
    • It’s important to have proper training in place to ensure that security risk is held to a minimum. Businesses should adhere to appropriate record retention policies, disposing of unnecessary sensitive information promptly to minimize liability.
    • Discussing how establishing clear processes for managing exceptions such as out-of-cycle payments and unusual requests is essential to mitigate risks and keeping your data secure.
    • A multi-layered approach to payroll security, encompassing employee training, vendor vetting, physical security measures, and robust process management, is crucial for any business, regardless of size.


    Quote of the Show:

    • “In some cases, you're smaller, you're more vulnerable.” - Joshua Gohman

    Links:

    • LinkedIn: https://www.linkedin.com/in/joshuagohman/
    • Company Website: https://www.asuresoftware.com/

    Ways to Tune In:


    • Spotify: https://open.spotify.com/show/2XThTdn7YC1lkAm0PgZUkj
    • Apple Podcasts: https://podcasts.apple.com/us/podcast/mission-to-grow-a-small-business-guide-to-cash-compliance-and-the-war-for-talent/id1725890976
    • Amazon Music: https://music.amazon.com/podcasts/328dddd0-3c4f-4b07-a0d3-13bdcb418486/mission-to-grow-a-small-business-guide-to-cash-compliance-and-the-war-for-talent?refMarker=null
    • Audible: https://www.audible.com/pd/Mission-to-Grow-A-Small-Business-Guide-to-Cash-Compliance-and-the-War-for-Talent-Podcast/B0CS71KQFM?qid=1706208857&sr=1-1&ref_pageloadid=not_applicable&ref=a_search_c3_lProduct_1_1&pf_rd_p=83218cca-c308-412f-bfcf-90198b687a2f&pf_rd_r=A1ME8MBECSVZ6K4D7CNT&pageLoadId=QBtg12mqKsuZPLGY&creativeId=0d6f6720-f41c-457e-a42b-8c8dceb62f2c
    • Podchaser: https://www.podchaser.com/podcasts/mission-to-grow-a-small-busine-5591006
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    1 h y 1 m

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