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Pay Equity

Pay Equity

The top concerns and the best solution.
Pay equity – A major issue and hot topic due to the Presidential election and the recent legislation regarding this subject.

In July, the U.S. Equal Employment Opportunity Commission proposed that employers with one hundred or more workers should be required to report salary data with their EEO-1 reports starting in 2018.  For those unfamiliar with the report, the EEO-1 requires certain employers to report …

  • Posted: August 17, 2016
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Quick Cash

The truth about quick cash loans for recruiting firms

Whenever I open my computer or turn on the radio, I seem to be bombarded with companies advertising quick business loans. While credit lines are typically the norm for staffing firms, it seems like small business loans are becoming exceedingly popular to these loan companies.

To get a better understanding of when, why, and how to use small business loans, I have put together a quick guide tailored for the staffing …

  • Posted: August 11, 2016
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Exempt Employees

Exempt Employees – What You Need To Know

How to prepare for the increase in the minimum base salary of exempt employees.
A few months ago I wrote about the Obama Administration and DOL’s proposed increase in the minimum base salary of exempt employees.  Effective December 1, 2016, the new minimum rate will increase from $23,660 ($455/week) to $47,476 ($913/week) which is more than double the current rate.

Is your staffing firm prepared for this large increase? Here is the …

  • Posted: August 3, 2016
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Back Office

Why Your Back Office is Costing You Time and Money

If you are bogged down with your back office, maybe it’s time to outsource
Do you know how much time you are spending doing back office and other non-revenue producing tasks?  When I started my first consulting firm many years ago, I thought I knew the answer to this question, but when I tracked my time for two weeks, I was shocked to see just how much time I spent on …

  • Posted: July 27, 2016
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Benchmarking

Benchmarking: A Quick Guide

A quick guide to the benefits of benchmarking.
July and August is the time of year when I like to benchmark my client’s companies. This is one of the first steps in getting them ready for next year’s projections.

For those of you who have never benchmarked, Entrepreneur defines benchmarking as “A standard or point of reference in measuring or judging the current value or success of your company in order …

  • Posted: July 21, 2016
  • Tags: Blog
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news

News About Xplain

How the news affects your business
The day after the British voted to leave the Common Market, American markets lost several billion dollars. In the past when we have had terrorist attacks on U.S. soil, we have also seen a simultaneous drop in our markets. Last Thursday in Dallas, twelve police officers were shot and five of them were killed when a gunman opened fire on a protest rally. The next …

  • Posted: July 13, 2016
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Brexit

Brexit, the Election, and Your Small Business

How the Election and Brexit are influencing your small business 
The Wall Street Journal and Vistage Worldwide surveyed 715 small businesses this month, and roughly one-third of owners felt that the uncertainty of the presidential election is having an adverse impact on their business. The majority of these owners have delayed or reduced the amount of new equipment they planned on purchasing, and worst of all; they are delaying all hiring …

  • Posted: June 29, 2016
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Employee Burnout

Employee Burnout: It Really Does Happen

How to identify and stop employee burnout. 
In this day and age of “GO GO GO”, employee burnout is something that all managers need to be aware of and need to understand how to spot the warning signs. The effects of burnout are lower morale and productivity with higher turnover and absenteeism.

“Burnout” comes in many forms:

“Frenetic” burnout: This occurs in Type A, driven personalities, workaholics whose ambition pushes them to work past …

  • Posted: June 16, 2016
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Corporate Rebrand

Rebranding: How to know when it’s time for a corporate rebranding

5 points to help you determine if your brand needs a reboot. 
Every business needs a strong brand to draw in customers. When your brand is failing to do this, it might be time for a rebranding. Another reason to rebrand is if you are looking to expand your business and attract a new demographic of customers.

What is a rebrand?
A refreshing or rebooting of your brand strategy and brand systems — …

  • Posted: June 1, 2016
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Rejection Letters

Rejection Letters

When You’re Not Ready To Say “I Do”
The worst kind of letter to receive is a rejection letter for a job.

Unless you are a candidate who interviewed for a job, then a rejection letter is a necessity. As hard as it is for potential employers to write a rejection letter, it is important for a candidate to know if they are no longer in the running for that position. Studies …

  • Posted: May 26, 2016
  • Tags: Blog
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