For many nonprofits, June 30 signifies the end of a fiscal year and is a time to prepare for their new year. That means taking a look at their new year’s goals and budgets as well as hopefully, revisiting processes and operations to ensure the organization is running efficiently and in compliance with the law.
Every business is different and with each business are different hiring “peak period.” For retail it’s typically around the holidays and back-to-school, for accountants it’s the tax season (which is very real right now), and for outdoor-based companies, it’s the warmer months. It often falls on HR professionals to oversee the hiring and staffing for these very periods, so here are some best practices we’ve seen for staffing this very specific and limited organizational need.
The fact that retirement is at the end of the employee engagement lifecycle makes it no less important than attraction or retention. Unfortunately, for most businesses – small businesses – unpredictable revenues make it difficult to commit to matching 401k contributions each year and knowing how to best administer the plan. Currently, companies with fewer than 100 workers employ 36% of the US workforce, which equates to about 42 million people.