While sourcing from a global talent pool opens you up to numerous benefits, including greater diversity and unique skill sets, the downside is that your perfect hire is likely based elsewhere. While you might find the ideal candidate by widening your net, you’ll also likely have to persuade them to uproot their lives if you want them to relocate to a specific office. Attractive relocation packages to ease the stress of moving to a new location are often the only way to secure the brightest employees. Relocation packages take care of mundane essentials, so hires can focus on starting work ..read more

Project managers often struggle to calculate project ROI and communicate a project’s financial value to stakeholders as they might not have the right tools or processes to do so. This guide has everything you need to start calculating the ROI of your projects, avoid scope creep, and improve project efficiency.  You’ll learn proven steps, formulas, and examples to calculate and improve project ROI. Let’s dive in.  What is project ROI? Project ROI (return on investment) measures how much profit a project generates compared with its final cost.  This metric helps businesses underst ..read more

It’s not a stretch to say that working in recruitment is tough right now. With the rise of artificial intelligence, the remote work debate, and continued labor shortages, finding, hiring, and retaining great talent is a challenge many companies face. While there’s (unfortunately) not one simple fix, setting recruitment goals is a key part of organizing and optimizing hiring processes to overcome these common challenges with the least friction possible. If done right, your goals won’t just help you find great hires, they’ll also help your hiring team improve your recruitment marketing efforts a ..read more

Don’t think you need a certified public accountant for your business? Hmm, maybe. But we’d warn against going too long without proper accounting expertise. A good accountant monitors cash flow, ensures tax compliance, prevents fraud, and offers invaluable strategic advice. Bad accountants raise financial and compliance risks. Not having any accounting expertise on your team leaves you at risk of losing control of your finances. The last thing you want when trying to grow a business is to see that revenues and expenses aren’t matching up or, worse, that you’re at risk of a very expensive audit ..read more

Have you ever met someone you had a lot in common with and felt instantly connected? That’s similarity bias — the effect of a shared background, interests, looks, or experiences positively influencing your perception of a person when it might not be entirely justified. While this can be a great advantage in frivolous social settings, it’s not usually the best measure of a person’s personality or skills in a professional setting. A hiring process riddled with similarity bias leads to companies with very low diversity. And as you’re about to see, a lack of diversity has a knock-on effect on comp ..read more

Hubstaff and Time Doctor are popular time tracking software. However, when we tried the tools, it became clear that they approach time tracking in different ways to cater to their target audiences.  Hubstaff’s time tracking solution offers in-depth analytics and some employee productivity tracking features like geolocation tracking, so construction, logistics, and field service managers can easily track and optimize their workforce’s productivity. On the other hand, Time Doctor depends heavily on employee monitoring software and distraction management tools to ensure agencies can oversee ..read more

In this article, you’ll learn about the best agency time tracking software and choose the best one for your needs. All time tracking tools for agencies have one thing in common: they enhance productivity and efficiency by providing precise insights into employee work hours and project progress, enabling better project management and resource allocation. However, each tool has varying features to help you with productivity, efficiency, and better resource allocation. These include automatic time tracking, timesheets, detailed reporting, and capacity planning. In addition, some tools also offer ..read more

To find a hidden treasure, you need a map. To optimize your talent management processes, you also need a map, albeit one that is less exciting. For any business to succeed nowadays, you need a team with the right skills, but there’s only one problem: those right skills change so fast that it’s hard to keep up with the most in-demand ones for the workplace of the future. The solution is simple: skills mapping. Skills mapping means creating a map of your team’s skills, so you can determine if they have the skills needed for your business and, if not, what development opportunities there are for ..read more

Everhour and Toggl Track are time management tools with features that boost team performance and improve productivity. However, after comparing them side-by-side, we realized each approaches things differently. Everhour is a time tracking app that integrates with third-party project management platforms. As such it comes with a native project timeline and resource planning tools, customizable reports, and employee monitoring features like screenshots. Everhour is an excellent option for strict employers because it gives an over-the-shoulder perspective of every employee’s activity. However, so ..read more

Effective diversity, equity, and inclusion initiatives start before new hires even speak to someone at their future company. Everything begins with recruitment — at least, that’s how it should be. Focusing on DEI in interviews attracts diverse candidates, showcasing your commitment to equality. As many as 76% of employees see DEI as a critical factor in choosing who to work for. Moreover, diversity hiring is good business. Statistics show revenues at companies with diverse management teams are 19% higher than competitors. Given those figures, leaving DEI out of your recruitment strat ..read more