Business
Asure Software Reveals Impact of HR Best Practices for Small Businesses in 2023 Through New HR Benchmark Survey and Report
Survey Data of Over 2,000 Small Businesses Reveals ‘Fast Growth’ Companies Focus on Every Stage of the Employee Lifecycle, Implementing More than 80% of the
About this update from Asure Software Inc
[{"type":"text","content":"Survey Data of Over 2,000 Small Businesses Reveals ‘Fast Growth’ Companies Focus on Every Stage of the Employee Lifecycle, Implementing More than 80% of the HR Best Practices Development and Retention Efforts Mark the Most Significant Difference Between Down Year and Fast Growth Companies, Proving that People Focus is KeyNew Report Summarizes Survey Results and Serves as a Playbook on How to Apply Best Practices Across Eight Areas of HR AUSTIN, Texas, June 14, 2023 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions and services, today released its inaugural Small Business Human Resources (“HR”) Benchmark Report revealing a strong correlation between HR and company growth. The extensive survey of 2,065 companies analyzes how small businesses are embracing HR best practices and their corresponding rates of growth, exposing the link between rapid growth and employee-centric best practices. The report summarizes the survey results for eight areas of HR across the employee lifecycle — Recruiting, Hiring, Onboarding, Compliance, Development, Performance Management, Retention, and Post Employment — and serves as a playbook on how to apply HR best practices across each of these areas to foster growth. “Our mission is to help our customers grow, so we wanted to explore the genuine connection between HR and revenue growth for a small business,” said Pat Goepel, Chairman and CEO for Asure. “This survey exposes the significant role HR can play in driving or hindering growth, spotlighting the need for small businesses to engage in HR best practices. Our HR Benchmark report is another tool to help businesses bridge the HR knowledge gap, empowering them to identify and implement growth-driving best practices for their organization.” Contrasting the HR practices of survey respondents who identify as Fast Growth, Growth, Flat, and Down Year, the Small Business HR Benchmark Report serves as a prescriptive research guide and framework to help companies understand the impact of HR on growth, a perspective that’s especially of value with increasing market uncertainty and employee vulnerability trends like Quiet Quitting and The Big Stay. These market factors shine a light on the need to strategically invest in employee-centric HR, f...