Archive | Events RSS for this section

Not Just a “Payroll Company”

While HR Strategies does provide payroll services, payroll is just one of the many responsibilities we take care of for our clients. However, when it comes to payroll, we will go to any length to make sure our clients and worksite employees get their payroll on time.

HR Strategies Delivers All Payroll On Time During Week-Long Ice Storm

Challenges:

With HR Strategies powerful integrated on-site support and personal service, clients can rest assured that the responsibilities of payroll have been handled completely and accurately, even in the most adverse conditions. In February 2011, a large portion of Georgia, and therefore Metro Atlanta, experienced heavy snow and extreme winter conditions which are unusual for the area. Metro Atlanta, including Duluth where HR Strategies is headquartered, is not used to extreme winter conditions and can easily have its roads and infrastructure crippled by large amounts of snow. The snow storm that affected Georgia in February of 2011 was dubbed “snowpocalypse”, and caused many school and business closings for several days. While employees may have enjoyed having a few extra days at home, they still needed to get their scheduled paychecks. Employers were already worried about loss of revenue from being closed for business, and the thought of having disgruntled employees from a delay in payroll was an added worry on their shoulders.

Solution:

HR Strategies understood the need for client employees to be paid, and the need for the client to have one less business concern during the stress of an unforeseen circumstance prohibiting business and life “as usual”.  On the Friday before the big storm, HR Strategies staff came together and devised a plan to ensure that payroll processes, and all other client needs, would be met in case of inclement weather.  On Monday, when it seemed that the world had closed down in Georgia, HR Strategies was armed and ready for business as usual.  Beginning that morning, payroll specialists were busy getting to work, only this time it was in their homes. The entire staff took advantage of their ability to work remotely and were able to continue business as usual, to the best of their abilities from home. Payroll specialists took hours over their cell phones from clients, ran the processes and reports, sent direct deposit and bank files, all from home.  They were able to keep in contact with each other and the rest of HR Strategies staff through conference calls, and ensure that all clients were handled.  The owner and CEO of HR Strategies, along with one designated payroll specialist, was able to make it to the office to pick up live checks and reports that had generated to be packaged for clients. These live checks were then hand delivered by the owner to the client locations, as most courier services (i.e. FedEx, UPS) were not operating on time or at all during the extreme conditions. Over the next three days HR Strategies continued to make sure that all of their client payrolls were handled accurately and on-time from remote locations.

Results:

Dedication, team work, and planning enabled HR Strategies to go above and beyond to ensure that their clients and client employees were paid, and their needs met.  HR Strategies was able to pull together and use their resources and remote capabilities in order to deliver at a time when most services were unable to… Click Here to Read the Rest!

snowpocalypse2011

Advertisements

We the People

The Declaration of Independence, which was signed on July 4, 1776, was the first step in creating our nation. The second step was brought by the U.S. Constitution, which is still our governing document of laws.

“We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.” Read the entire original constitution at this website.

Some interesting facts about the U.S. Constitution and its construction:

  • Seventy-four delegates were appointed to the Federal Convention, of which 55 actually attended sessions, held in the State House (Independence Hall) in Philadelphia.
  • The sessions of the convention were held in secret—no reporters or visitors were permitted.
  • On June 29, 1787, the convention approved a resolution establishing population as the basis for representation in the House of Representatives, thus favoring the larger states. On a subsequent small-state proposal that the states have equal representation in the Senate, the vote resulted in a tie.
  • On Monday August 6, 1787, the convention accepted the first draft of the Constitution. Here was the article-by-article model from which the final document would result some 5 weeks later.
  • On August 21, 1787 the debate over the issue of commerce became very closely linked to another explosive issue—slavery.
  • One of the last major unresolved problems was the method of electing the executive; the result was the Electoral College.
  • On September 8, 1787 the convention was ready to turn the Constitution over to a Committee of Style and Arrangement.
  • The Constitution was presented to the convention on September 12, 1787 and the delegates methodically began to consider each section. Although close votes followed on several articles, it was clear that the grueling work of the convention in the historic summer of 1787 was reaching its end.
  • Before the final vote on the Constitution on September 15, 1787 late in the afternoon the roll of the states was called on the Constitution and from every delegation the word was “Aye.”
  • On September 17, 1787 the members met for the last time, and delegates in the hall formally signed the Constitution, and the convention adjourned at 4 o’clock in the afternoon.
  • The Constitution, remains in excellent physical condition after more than 200 years.
  • On December 15, 1952, President Harry Truman declared at a formal ceremony in the Archives Exhibition Hall, “We are engaged here today in a symbolic act. We are enshrining these documents for future ages. This magnificent hall has been constructed to exhibit them, and the vault beneath, that we have built to protect them, is as safe from destruction as anything that the wit of modern man can devise. All this is an honorable effort, based upon reverence for the great past, and our generation can take just pride in it.” Click here to read more.

Independence Day is Next Week

How will you celebrate next week?

Clients: HR Strategies will be closed on Thursday, July 4, 2013 in observance of the Independence Day holiday. In addition, banks and delivery services will also be closed on Thursday. HR Strategies will also be closing at 2:00 PM on Wednesday, July 3, 2013. Due to the bank holiday on Thursday, July 4th, direct deposits will NOT be processed on that day. Please contact your payroll specialist if you need to make any special arrangements. If you have any questions or concerns, please do not hesitate to call at 770.339.0000 option 1 or Contact Us Today!

Thank you for the opportunity to serve you! -Your HR Strategies Payroll Team

fourth-of-july-infographic

5 Small Business Mistakes to Avoid

This Small Business Week, take our advice!smb-week-gov-5-16-11-large

Click on the Picture to Contact HR Strategies!

The past couple of years have been a real trial for most business owners as they’ve struggled to maintain sales and profitability during one of the worst economic downturns in our nation’s history. It’s no surprise then that many of them have been happy to say goodbye to 2009 and hello to a new decade.

As you set your sights on the years ahead, you should first make sure that you aren’t bringing old baggage with you, like these five common mistakes made by small business owners in the economic downturn. If any of these “don’ts” look familiar to you, resolve to correct them now so you can start this year with a better chance of success.

  1. Don’t hold a sale on your high-volume, low-margin products. True, you can sell a lot of product this way. But while it may be a great method to boost sales, it will also lower your gross profit, as well as the value perception of your product.

    In fact, this strategy is the exact opposite of what you should be doing, which is focusing your sales efforts on your high-margin products and offering customers extras that don’t cost you a lot to provide, like free shipping or express order processing. The key is to devise a discounting strategy that doesn’t undermine your pricing structure and condition your customers to expect even lower prices in the future.

  2. Don’t be afraid to use your bank credit line to meet your cash flow needs. Sometimes owners are afraid to tap their lines of credit for fear that their banks will make demands they can’t accommodate. But financing cash flow is what your credit lines is there for — and this may be the perfect time to use it.

    By borrowing wisely, you can help make sure your management team spends its time doing things that make your business better instead of struggling with cash flow issues. Just be certain that your borrowing needs are temporary and your business will be able to pay the money back when things pick up again. (Note: Using a credit line to finance losses is a bad idea, unless it buys you extra time to turn those losses around and you have an active program in place to do just that.)

    Don’t have a credit line? Despite what you might hear on the news or read in the paper, there are banks out there willing to lend money today. Many community banks in particular are open to companies with good management, solid business plans, and strong financials.

  3. Don’t give customers with overdue balances a free pass. Small business owners can be hesitant to pursue collections of past-due accounts receivable for fear that they’ll alienate customers or make them angry. But avoiding active collection efforts so you don’t make customers mad just creates problems for your company.

    It comes down to judgment. There are good customers who may be experiencing temporary cash flow challenges. And then there are slow-paying customers you tolerate in good times but can’t afford in bad times. Use this opportunity to collect as much as you can from the deadbeats and then drop them.

  4. Don’t overlook regular reports on cash flow. Why don’t business owners get regular reports on cash flow? The common reasons run along the lines of, “It’s too much work to get them from accounting,” or, “They’re too hard to read anyway.” But neglecting to regularly receive and scrutinize accounts-receivable and accounts-payable aging reports, bank account reconciliations, and short-term cash forecasts is asking for trouble.

    These reports tell you where your cash is, where it’s going, and where you need to make changes, like speeding up collections and/or slowing down payments.

    I was recently interviewed on my friend Jim Blasingame’s small business radio program, “The Small Business Advocate Show,” and this is what he had to say about neglecting cash flow reports: “It’s like driving the wrong way down a one-way street at night in the fog.”

  5. Don’t give your customers cut-rate prices when they ask for them (and they will!). Your customers want to reduce their costs of course, but often without doing anything different themselves. They’d rather you just cut your prices. If you agree, you’ll be funding their inability to manage their businesses properly to the detriment of your company. Instead give your customers tools and techniques that allow them to better pass on their costs to their customers by selling value rather than price.

  Another great article from AllBusiness.com


Gene Siciliano is an author, a speaker, and financial consultant who works with chief executive officers and managers to achieve greater financial success in a changing economy. His new book, Financial Mastery for the Career Teacher, is scheduled for publication in spring 2010.

%d bloggers like this: