HUMAN RESOURCES & PAYROLL PROCESSING

Your team members are the heart of your business!

Your team members are the heart of your business, but they are also representing a huge investment of time and, unfortunately, a huge potential risk. In fact, you may not recognize just how much time you devote to HR and payroll matters, nor exactly how well they’re being handled in your company, so here are some numbers to provide some perspective:

  • A 2017 study by ADP® showed that the “HR managers” common in small businesses have no formal HR training, and HR isn’t their only responsibility. They spend an average of over 13 hours per week on HR matters
  • Despite the time they are devoting to HR, a Society for Human Resource Management study found that 81 percent of these acting HR managers “lack confidence in their HR skills.”
  • A 2017 study by Paychex® revealed that less than 50 percent of the business owners surveyed were “very confident” about how their business handles HR, 20 percent of respondents said they did not enforce HR regulations, and 42 percent were either not enforcing or not even aware of laws governing youth employment

Two top causes of litigation against small businesses are employee-related: discrimination and harassment claims. The Insurance Journal reported a roughly 12 percent chance that a small business will face an employment claim of some type. Some states, however, have a much higher risk: In California it’s 40 percent higher than the national average.

For most restaurant operators, building an in-house HR team isn’t realistic. The answer is an outsourced solution for both payroll and HR. You get the expertise of a highly trained HR professional who stays current with the latest developments without the expense of an in-house HR director and support staff.

BOH has partnered with Paychex® to provide state-of-the-art payroll services with the option to include outsourced HR as well. If you’re concerned about your company’s exposure to possible employee litigation or just want to give one of your key team members their 13-plus hours a week back, contact us today to learn more.

HR & PAYROLL PROCESSING SERVICES

  • Payroll Processing
  • Human Resources
  • Workers Compensation Audits
  • Payroll reporting by employee or department
  • Retirement Plan Reporting
  • Payment of third-party withholdings

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