Total compensation statements show employees how much you’re actually investing in them. Today I want to talk to you about your employees total compensation. No, total compensation is not simply the employees annual salary. It is more than that. It refers to the total cost of employing an individual. Why is this important? I believe…

147: Understanding Total Compensation

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It’s time to turn my attention toward executing the business plan I’ve been working on for the past 12 months. Hey everybody, welcome to the FINAL episode of SmallBiz Brainiac! Yes… I’m ending this podcast. That’s hard for me to say, actually. This has been a labor of love for me and I’ve learned so…

150: Thank You and Goodbye

Empower your Managers to make their own hiring and firing decisions.  Who in your organization should be responsible for recruiting, interviewing and hiring candidates? Who should be responsible for carrying out the unenviable task of letting employees go, regardless of whether it is for performance, behavior, or just downsizing? I’m a firm believer in tasking…

149: Managers or HR, Who Should Handle Hiring and Firing?

It doesn’t matter if you are guilty or not, an employment discrimination claim is going to cost you. EPLI stands for Employment Practices Liability Insurance. The free report available on our website, smallbizbrainiac.com, called “8 Steps to Lowering Your Employer Liability”, is all about buying EPLI insurance. The very process of preparing the complete the application…

148: Should I Buy EPLI?

The city of Minneapolis has bought into the voodoo economic theory that they can regulate the labor market and bend it to their will. Even if you don’t have employees in Minneapolis, you need to stay on top of all the local HR laws because they are a sign of things to come. Especially if you…

147: Understanding Total Compensation

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