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!

Today, we’re diving deep into why employee development and training can be the game-changer for your business’s growth. With insights from Mary, an experienced HR generalist, and Mike, we’ll explore how investing in your team can significantly impact your company’s success.

Takeaways:

• Investing in employee development has a direct correlation with business growth. Firms that prioritize training see a substantial impact on their success.
• Utilize cost-effective technology for on-demand training to maximize employee development without significant expenses.
• Ensure training programs are regular and structured to provide consistent learning experiences and resources for employees.
• Providing leadership training, even in small firms, is crucial for business growth and employee retention.
• Find innovative ways to offer training, such as in-house certifications or vendor partnerships, to make development more accessible.

Quote of the Show:

• “You have no ROI If you are not developing your employees.” - 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

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