Not sure where to start?
Download 7 Tips When Switching HR and Payroll Companies, for free.
Get the guide
Stay in the loop!
To ensure you don't miss informative, industry-relevant posts, subscribe to the Paycom Blog.
The Secret Behind Building a Great Company
Ross Perot, Andy Grove, Kobun Chino Otogowa, Regis McKenna… what do all these names have in common? They were all mentors to Steve Jobs. Jobs knew that having the support of a network of seasoned individuals was instrumental in growing his business. In fact, Otogowa is credited with advising Jobs to start Apple rather than become a Zen monk. Without the advice and support from strong mentors, Apple may have looked very different.
Get 7-Times Greater Results with These 5 Leadership Traits
With each passing day, technology advances, allowing us to not only do more, but do so faster and easier. To keep up with that quickened pace, businesses must tap into their most visionary people, which is why developing leaders of your workforce is so crucial.
4 Entrepreneurial Lessons from MLK
As we celebrate the life and legacy of Martin Luther King Jr., let us all take a moment to remember the great leader that he was. Like today’s entrepreneurs, King was a visionary, but his achievements didn’t come easy. In fact, they came at a cost, yet he persevered and never backed down. King is a role model for so many, but entrepreneurs in particular can take note of these four valuable lessons he taught us:
Power: Yours for the Taking
Power can be transformative and yet destructive depending on how it is handled. Take Adolf Hitler for example, he used power to control and abuse the lives of innocent human beings – not the type of power you want to see. Then there’s Abraham Lincoln who used his power to bring integrity, respect and honor back to the lives of many who were living as slaves - an honorable achievement.
Don’t Worry, Be Positive
A simple smile, an act of gratitude and supporting others all go a long way in the workplace. In fact, these attributes help to build an atmosphere of positivity. The human mind is the most powerful tool in the world; within this device lives an arena of positive and negative thoughts battling for control of your psyche. Each mindset is contagious, so which would you rather have ruling your office? My bet is on positivity, because with it, your team has more potential to accomplish its goals, develop resiliency and improve psychological prosperity.
Company Engagement in Bulk
Sustainable engagement is an ongoing process. You may be thinking, “Well, of course it is, so what’s your point?” Although the concept may seem obvious, it is something with which businesses constantly struggle. Engagement is a continuous process, not a one-and-done kind of initiative – a valuable lesson learned from shopping at warehouse retail stores.
Job Fulfillment, Not Work-life Balance
Bottom line: We need to redefine how we think about work. Work-life balance presumes that work is a burden, when it doesn’t have to be. The problem is not what we are trying to accomplish with “work-life balance,” but in how we address it. Instead of work-life balance, why not focus on job fulfillment? Doesn’t that already sound better?
The Butterfly Effect: Everything You Do Matters
Do you know that everything you do matters? Every move you make and every action you take matters, not only to you but to everyone that’s part of your life and organization today, tomorrow and even after you’re gone. Think about it for a while. Say someone creates a new accounting process, eliminating two tedious steps, essentially streamlining how your business operates moving forward. Wow, what an impact that would have on any business. See one single action can have a resounding impact on your company for years to come; this is known as the Butterfly Effect.
How to Jump Start Leadership within Your Organization
With Baby Boomers on the brink of retirement, one of the impending issues facing organizations today is the ability to identify leaders. This could be partially blamed on the fact that less than half (48 percent) of UNC’s Leadership Survey respondents reported that their companies have a formal process for developing high-potential employees. Companies looking to accelerate employees to leadership positions should seriously consider developing a formal process.
Leaving a Legacy: How HR Can Retain Those Looking to Retire
It’s always tough to lose a good employee especially when it’s a member of your executive leadership team. However, over the next five years losing top talent will become nearly impossible to avoid as 20 percent or more of senior leaders will be eligible for retirement. So how do businesses move forward and what can be done to hang on to these valuable employees, even if it’s only for a little while longer?
Passing the Baton: From Baby Boomers to Generation X
For years now, members of the Baby Boomer generation have been running operations at major corporate entities, but recent data suggests that the workforce is changing and so too is its leadership. According to a recent Gallup poll, 31 percent of today’s workforce is approaching or reaching 61 years of age – the average age of retirement – or 65 – the traditional retirement age. With impending retirement threatening the frontlines, businesses need to prepare for new leadership to take reign. Enter Generation X.
Preparing for Gen Z
A new generation will soon be entering the workforce, specifically referred to as, Gen Z (those born between 1995-2009) or the connected generation; whatever you call them. This group of digital wiz kids is a new breed of employee, never knowing life without high-speed internet, smartphones and unlimited access to media technologies. If you’re down and out trying to manage millennial workers, just wait until Gen Z starts knocking on your door.