Better HR Delivers Better Business Results
Our #PoisedforExit guests today featured JB Lloyd and Jill Petschl of Oasis. With the abounding matters that business owners deal with everyday, HR matters are at the top of the list. Oasis publishes an annual survey of business owner responses to various questions about owning and operating in today's business environment. In this way, they keep a pulse on what's happening with their clients and can modify or add services as necessary and needed.
The survey itself consisted of 450 business owners. Many of the statistics derived from the results will not surprise you, but the biggest obstacle owners are facing today is in managing their people.
Another staggering statistic derived from the survey is that 78% of the 450 respondents said they spend an average of 10 hours per week on HR matters. That's a lot of time! When you put pen to paper, how much is that time worth that could be spent doing higher level things like implementing growth strategy, acquiring new customers, and the like?
A few of JB's recommendations for business owners to recruit and retain top talent:
- Think beyond pay increases
- Offer meaningful benefits that impact the whole person
- Outsource services that bog you down
For more on this 23 minute interview, listen now!
Find Jill and JB's key links here:
Thank you to this month's sponsors! Sunbelt Business Advisors
Are you ready for your best exit? There is no time like the present to prepare.
Check out these resources offered by KeyeStrategies:
- Business Readiness Transition online course
- Free Ebook download here
- Purchase Poised for Exit book here
