The benefits of interim practice management are many. Hiring the wrong person into a senior leadership position is one of the most damaging and costly mistakes an organization can make. Due to the nature of medical practices, doctors and their staff cannot fully commit to run the practice at an optimum level of performance with … Read more
Don’t use guesswork when figuring out how much to pay your employees. You need a comprehensive, long-term plan to figure out a talent strategy. Here’s a checklist to get started on creating a strategy: Take a long view A compensation plan reflects your firm’s stance on employee pay and rewards. You can look at it … Read more
Competing for talent is not easy, especially in a tight labor market. To snag the most qualified candidates, employers must make a good impression. But some employers sabotage their recruiting efforts by breadcrumbing candidates. Breadcrumbing is when a hiring manager or recruiter strings along a job candidate. They give just enough to keep the candidate … Read more
The chief financial officer of a company has always had a seat at the table, but the current business environment combined with changes wrought by the pandemic make the role even more important. CFOs, who are already dealing with the perfect storm of rising prices, higher interest rates, continuing supply chain issues and labor shortages, … Read more
Payroll is a core feature of all businesses, and it is very important as it heavily impacts the morale of employees. After all, if employees aren’t paid appropriately for their work, you can expect them to leave. Payroll also impacts a number of business processes, including human resources and finance. The employee aspect and interrelatedness … Read more
