The level of detail required for your bookkeeping depends on various factors, including the size and complexity of your business, industry regulations, and your specific reporting needs. Here are some general guidelines to help you determine how detailed your bookkeeping should be: Legal Requirements: First and foremost, your bookkeeping must meet legal and regulatory requirements....
By Kathy Gurchiek Ninety percent of HR professionals say they take immense pride in their work, but they’re stretched thin trying to meet their organizations’ needs, according to new research from SHRM. Inflation and its impact on their employer’s budget—especially on wages and hiring—continues to be their organizations’ overriding concern. “SHRM has found...
Whether you need a bookkeeper depends on various factors, including the size and complexity of your business, your accounting knowledge and skills, your time availability, and your willingness to manage financial tasks. Here are some considerations to help you determine if hiring a bookkeeper is necessary for your business: Business Size and Complexity: If...
By Roy Maurer Job boards are essential tools for recruiters. From the leading sites like Indeed and LinkedIn to an array of industry-specific niche boards, these sites remain the top source of interested job seekers. Even as hiring and job posting has slowed down, the job board market is thriving, and the industry remains...
Bookkeeping is the process of recording, organizing, and managing financial transactions of a business. It’s crucial for tracking the financial health of a company, making informed business decisions, and fulfilling legal requirements. Here are some basics of bookkeeping: Double-Entry System: Bookkeeping typically follows the double-entry system, where every transaction is recorded twice, once as...
By Roy Maurer Skills are the common thread connecting the high-level trends that will drive talent acquisition in 2024. Employers will invest more in generative AI (GenAI) technology across HR—with recruiting at the leading edge—creating the need for critical new skills. The skills-based hiring movement will continue to gain recognition. And against the backdrop...
Think of background checks as the Sherlock Holmes of hiring. They dig into a candidate’s past, not to uncover deep, dark secrets, but to ensure that what you see is what you get. Here’s the extended edition: Conducting background checks on potential employees serves as a crucial step in the hiring process for several reasons....
By Roy Maurer Employers require a certain level of HR staffing to operate effectively, but what is that number? The ADP Research Institute analyzed payroll and econometrics data on more than 25 million employees and turned up some interesting findings about HR staffing levels, including: The “sweet spot” for most employers is...
Bringing in a third party for background checks is like outsourcing your detective work—it has its perks. These specialized firms are like the Sherlock Holmes of the hiring world. Here’s why it might be a good idea: Expertise: Background check companies are pros at this. They know where to look, what to look for, and...
By Allen Smith, J. D. When older workers make vague assertions that they’d like to retire, immediately asking them to specify when may not be the best approach. Ignoring their assertions isn’t either. Following up later with low-key questions might be preferable. “This is a very sensitive area,” said Robin Shea, an attorney...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
