With 2011, we experienced an economy getting back to its’ feet with a renewed optimism that this moderate GDP growth will be sustainable for the foreseeable future. With a decreased workforce, business owners have focused more time on delivering competitive products and services to their clients and not enough time on the business side of their business. As a result, the crucial internal process of a company does take a backseat and doesn’t get the required attention. Add in the changing business environment, government regulations, and healthcare reform, and it becomes overwhelming the attention required to stay competitive and out of trouble. On top of it all, smart business owners know that a good business is built with great employees. One of the most common challenges in today’s environment is that lack of time and resources to handle the employer-employee relationship effectively so that one can be the employer of choice in their community.
Maintaining and attracting the best employees in your community requires that processes and procedures be in place to keep employees satisfied. Offering competitive benefits, opportunity for advancement, flexible work schedule, consistent acknowledgement of performance, are all very important in creating an effective workplace. When a company’s best employees are engaged in their work, they will generate 40% more productivity that those that are disengaged.
Total Team Solutions has been helping small & mid-sized companies with their HR needs. Our payroll, employee benefits, benefit administration, along with our human resource services have provided our clients the opportunity to not only retain their top talent, but the ability to focus more time on the revenue generating portion of their business.