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

HR Roadmap for Growth Series: Getting Hiring & Payroll Right for 1-15 Employees - Mission to Grow: A Small Business Guide to Cash, Compliance, and the War for Talent - Episode #130

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How can small businesses with 1 to 15 employees avoid costly payroll errors, attract the right talent, and ensure compliance while building a strong company culture? In this week’s episode of Mission To Grow, host Mike Vannoy leads a panel discussion on essential HR practices for small businesses with 1 to 15 employees. Featuring insights from experts Jessica Small, Scott Petersen, and Mary Simmons, the conversation covers payroll accuracy, hiring strategies, compliance, employee engagement, and the importance of leveraging the right tools and systems. Tune in for actionable advice to streamline HR processes, foster employee satisfaction, and set your business up for success.

Takeaways:

  • Ensuring accurate data entry (e.g., social security numbers, birth dates) is crucial for avoiding payroll errors. Mistakes can lead to significant issues like delayed payments, misfiled taxes, and hefty penalties. 
  • Focus on defining and communicating your company's culture and values. This not only attracts the right talent but also ensures that new hires align with your vision.
  • Adhering to federal and state laws is not just about avoiding penalties but also about fostering employee trust and satisfaction. Compliance with regulations ensures a fair and transparent working environment.
  • A smooth and comprehensive onboarding process sets the tone for the employee experience. Use digital tools to minimize redundancy and ensure all necessary paperwork, like I-9 verification, is completed accurately and timely.
  • Use integrated systems for payroll, time tracking, and HR management to save time and reduce errors. These tools not only improve efficiency but also give you access to valuable data for better decision-making.
  • A well-crafted employee handbook is essential for setting clear expectations and providing a reference for both employees and employers. Consistency in policies helps avoid misunderstandings.
  • Get creative with benefits to attract and retain talent, especially if you can't offer extensive health benefits. Consider flexible work hours, pay cards, or on-demand pay options.

Quote of the Show:

  • " Give somebody the reason why they should work for you." - Mary Simmons


Links:

  • Assure’s Website: https://www.asuresoftware.com/ 
  • Hireclick’s Website: https://employers.hireclick.com/ 
  • Scott’s LinkedIn: https://www.linkedin.com/in/scottcpetersen/ 
  • Mary’s LinkedIn: https://www.linkedin.com/in/marysimmonshrconsultant/ 
  • Jessica’s LinkedIn: https://www.linkedin.com/in/jessica-small-214720259/ 


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