startup news in Austin TX
Deciding that it is time for your business to get a website can be a challenging period. If you are not technologically savvy, then where do you start? And even if you do understand the inner workings of the internet, how do you know who the right person to develop your website is? If you
Recently there has been a lot of talk about the far-reaching consequences social networking sites like Facebook can have on people’s lives: people’s real lives. Online interaction, especially on social networking sites like Facebook, could have significant ramifications on your life offline. You may often get carried away and your ‘online’ personality could brag and
Rather than give you a big book on this….. Let’s just cut out all the FAT and get you money. Here are 5 ways to raise capital for your projects. Crowdfunding Social Media Peer Peer Lending Venture Capital Angel Investors Crowdfunding Kickstarter, Indiegogo, and Kiva are all great sites to raise money for your projects..
Maybe it’s time to relocate your office or offer relocation to job candidates. Sometimes it’s difficult to find employee candidates in the same geographic area as your company. You have a few options when this happens. You can have distributed teams where employees work remotely. You can move your company offices to a more populated
Employment relationships are presumed to be at-will in Texas. When employee turnover becomes costly, or a particular employee would create exceptional value in the company, a contract is often written to retain the employee. A contract, when dealing with low-level employee turnover, may consist of no more than a one-page form describing duties, expectations, and
Many startups do not have employees. They have contractors. Benefits of hiring contractors over employees include saving time and paperwork. Another benefit is significantly lower operating costs. According to an evaluation report from the Office of the Legislative Auditor, State of Minnesota, “mandatory costs, including federal employment taxes, workers’ compensation insurance premiums, and state unemployment
Employee separation is usually implemented by an employee resigning, or by the employer firing or laying off an employee. There are other separation situations such as constructive discharge and retaliatory discharge. In each setting, you want to proceed with caution. In this article, I will explain the differences in these terms and offer some tips
interviewing is a primary step in the hiring process and should not be done carelessly. This article describes different methods for interviewing and offers information on avoiding liability. Before the Interview Before you hold an in-person interview, make sure you pre-screen the candidate to maximize hiring efficiency. Interviewing Methods There are a few types of
Interns are a great way to test-drive talent, increase productivity, and build perspective. Offering an internship program is also a wonderful way to give back to the community by offering experience and new skills to the developing workforce. Unfortunately, some companies consider interns free or cheap labor, and that’s where we run into some problems.
When your startup is growing and having difficulty finding or retaining talent, a good idea is to offer additional incentives beyond the normal benefits like health insurance and a 401k. Some companies offer Employee Assistance Programs (EAP) to set themselves apart. EAPs include counseling on areas such as work-life balance, stress management techniques, and collaborative
Pre-screening takes place after you have identified a potential job candidate and before an in-person interview. Some people view pre-screening as an unnecessary extra step when in reality that extra step saves time. This article describes the pre-screening process, explains how it saves you time and offers tips on the phone-screening protocol. How does pre-screening
Workforce shortage is probably one of the biggest concerns for a new business. Having a shortage of labor can result in lost business, missed deadlines, and unhappy customers. A few internal methods to circumvent a shortage include: Offering overtime wages Authorizing job sharing Retraining employees Internal solutions are the most cost-effective because you utilize the
When your company is a startup, employee compensation may be arbitrary or based on equity and other offerings. As you grow, however, you want to set up a company-wide compensation structure that supports fair wages and competitive offers. In this article, I will describe how to set up base pay structures. Analyze Your Startup Before
Turnover is the rate at which a company loses and gains employees. Turnover is measured internally by examining the ratio of employees hired and employees separated from the business, whether voluntarily, or let go by management. You can analyze turnover by comparing your ratio to the industry turnover rate or even the national turnover rate,
A user on Quora asked: What should I avoid when writing a rejection letter? I’ve heard this question before from well-meaning employers who want to send their denied applicants a nice note. Some employers, like the Quora user, want to provide constructive criticism so the candidate can improve his or her interviewing skills. What should
Creating efficient work systems starts with breaking down the tasks performed by each person in the work unit. This process is called job analysis. Job analyses optimize the hiring process by ensuring new personnel are absolutely necessary, trained correctly, and given appropriate career opportunities. In addition, job analyses can clear up organizational confusion by detailing
A background check is any written, oral, or other communication of any personal information by a consumer reporting agency which is used as a factor in establishing a candidate’s eligibility for employment purposes. The Fair Credit Reporting Act (FCRA), governed by the Federal Trade Commission (FTC), outlines the scope and limitations for background checks. The
Today I am going to talk a little bit more about HIPAA, which is a regulation that affects to the physical, technical, and administrative safeguards put upon employee health information. The following types of information must not be included in an employee’s personnel file, and instead should be kept in the medical file. Information related
Professional references offer valuable insight into the character and quality of a job candidate. They also verify whether the potential employee is honest, works well with others, and maintains professional relationships. This article explains how to check a professional reference for a new candidate. Reference Checking Etiquette Require the candidate to provide you with a
Form I-9 is a mandatory federal form that you must have for each and every employee. First things first: the Department of Homeland Security distributes Form I-9. You can download and print one here. Completing Form I-9 I have audited many I-9 forms in my day, and let me tell you, nearly half are erroneous.