For a fourth straight month, the Rocky Mountain states in June topped the nation for small-business job growth over the previous year, according to a monthly report from Colorado’s IHS Inc. and Paychex Inc. Small-business jobs in the mountain states grew by 1.77 percent in June from a year earlier, following May’s 1.41 percent year-over-year increase, April’s 1.75 percent gain and March’s 1.62 percent rise, according to the latest Paychex-IHS Small Business Jobs Index, issued Tuesday. The region includes Colorado as well as Arizona, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming. The mountain region’s growth far outstripped the “East North Central” states (Illinois, Wisconsin, Michigan, Indiana and Ohio), which came in at No. 2 with 0.89 percent year-over-year small-business job growth, the report said. On the other hand, the “Middle Atlantic” states of New York, New Jersey and Pennsylvania saw small-business jobs drop 0.39 percent over the one-year period, the greatest decline of any U.S. region. The report comes from Douglas County-based IHS (NYSE: IHS), a global market information and insight provider, and Paychex (Nasdaq: PAYX), a provider of payroll, human resource, and benefits outsourcing services for small- to medium-sized businesses.
Read More @ http://www.bizjournals.com/denver/blog/broadway_17th/2014/07/mountain-states-again-lead-nation-for-small.html?
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Read More @ http://www.virtual-strategy.com/2014/07/01/absencesoft-presents-absencetracker-%E2%80%93-easy-use-fmla-and-loa-management-software
For many second-stage businesses, growing pains come from having to form a department for the first time. it came from having to get rid of one.Impact, a staffing firm formed in 2002, watched its revenue climb every year since the recession, from $7 million in 2010 to $16.5 million last year. The company this month will open its first satellite office, in Chesterfield Township, to be closer to manufacturing clients in that area.
Problem: Managing growth and the payroll department.
In 2010, the company had about 300 workers placed with clients to manage. Company leadership saw that as more workers were placed, the hairier things got in the payroll department. President Pete Davis estimated that for roughly every 75 workers placed, Impact had to put another person on payroll duties, which include the tasks of checking attendance, workers’ compensation and disciplinary issues.At this point, he had three people working on payroll management and already the processes were becoming disorderly. As more employees became involved, more basic organizational issues popped up.
Read More@ http://www.crainsdetroit.com/article/20140608/NEWS/306089989/staffing-company-outsources-payroll-to-better-manage-growth