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Managing costs while taking care of employees

Manage High Employee Turnover 

High turnover rates, labor shortages and a war for talent dominate recent headlines. Leaders need to understand why workers leave their jobs, how to build organizational cultures that retain top talent, and what key actions can help manage the impact of turnover on both existing and off-boarding staff. Having your business in order — from competitive compensation to the benefits employees care about most — helps minimize turnover.

[DOWNLOAD INFOGRAPHIC] Manage High Employee Turnover

Navigate Employer Compliance Regulations

Compliance regulations are the source of stress and headaches for many business owners. Keeping up with regulatory changes is more than a full-time job and errors are costly. Partnering with a PEO that can manage compliance regulations can save small and medium-sized business owners tons of time and energy while keeping costs under control by avoiding non-compliance fines. The cost of compliance is already 67% higher for small businesses than large businesses, so controlling costs is a major perk. So, what’s your plan?

[DOWNLOAD INFOGRAPHIC] Navigate Employer Compliance Regulations

Reduce Your Liability with Co-Employment

Whereas every organization aims to effectively manage costs and take care of employees while generating profit, liabilities threaten to reduce margins and create operational challenges — especially for small businesses.

A potential solution is entering into a co-employment relationship with a PEO, which can help you reduce your liability and keep costs in check. In fact, working with a PEO can save small businesses 27% on HR-related costs, helping to free up capital that can be reinvested back into operations. So, what’s your plan?

[DOWNLOAD INFOGRAPHIC] How Co-Employment Can Reduce Your Liability

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3 ways PEOs help workplace challenges

Many small to mid-size businesses are trying to attract talent, offer competitive benefits, and manage compliance and risk. In this video, ADP experts offer solutions to these common challenges.