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Small Business. Big Impact.
As a small business owner, your ambition and drive to achieve greatness
deserves to be admired. There are more than 24 million small businesses in
this country, and by creating 80 percent of new jobs and 45 percent of the
total U.S. payroll, small businesses, like yours, contribute to the good of our
economy and communities — no wonder 85 percent of Americans view small
businesses as a positive influence on American life.
Small Is the New Big.
We understand that as a
small business owner, you face a number of tough issues, as the statistics below reveal, and we want you to know that Administaff is here to help you overcome
and reduce the risks of these costly human resources (HR) challenges.
As advocates for small business, we are grateful for all that you do and are
proud to support your small business.
- The number one small business issue is the cost and availability of insurance.
Source: The National Federation of Independent Business (NFIB) Membership Survey and the Small Business Administration (SBA)
- Access to a 401(k) retirement savings plan for small business employees has dropped from 28 percent to
19 percent.
Source: SBA
- Seventy percent of your employees are less motivated today than they used to be.
Source: American Land Title Association (ALTA)
- Seventy-two percent of employers impose eligibility standards on full and part-time employees seeking
medical coverage.
Source: Salary.com
- The average U.S. employer spends more than 32 hours and $900 per employee on employee training.
Source: American Society for Training and Development, Annual Study 2005
- Improving quality of hire is the top performance improvement priority for 58 percent of small businesses.
Source: Annual Staffing.org Recruiting Metrics and Performance Benchmark Report, July 2004
- Costs per hire for exempt employees can reach up to $9,000, and non-exempt hires can cost more than $1,000.
Source: Employment Management Association
- Business owners spend up to 40 percent of their time consumed by employer-related paperwork.
Source: SBA
- One-third of all bad hiring decisions are a direct result of pressure to fill a position, with hiring managers
often relying on gut decisions when they are in a hurry.
Source: Human Resources Magazine
- Thirty-three percent of small business owners identified
workers’ compensation as a critical problem.
Source: NFIB
How Administaff Can Help
Our professionals will work with you to determine which practices can have the most positive effect on your company for your culture and your employees. We can help you implement the practices that will maximize the benefits of our Personnel Management SystemSM to help you take your company to the next level.
Contact us today.
Learn more by clicking on a service below:
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