By mastering these essential touchpoints, your business will minimize risk and maximize your return on wage dollars spent. #1 Recruiting - Attract the employees who will help drive your business and increase profits. #2 Hiring - Effective hiring processes help employees get up-to-speed and become productive quickly. #3 Compensation - Determine competitive wages so you can attract better employees. #4 Benefits - A comprehensive employee benefits package will help you retain and attract high quality employees. #5 Payroll & Tax Administration - You receive employee productivity in return for your investment of wages, but after that it is mainly a highly regulated administrative function that has to be done properly to avoid penalties and fines. #6 Performance Management - Gauge the performance of your employees and your company in order to maintain expectations and improve overall employee productivity. #7 Worker's Compensation & Liability Management - Mitigate risk of fines, lawsuits, and poor return on wage dollars spent by reducing the likelihood of workplace injuries and employee conflicts. #8 Compliance - Employment is one of the most regulated and risky aspects of running a business, which is why you must have a plan that protects your company from fines and litigation. #9 Document Management - High quality record keeping is essential because it is required by law, protects companies from frivolous litigation, and helps drive employee productivity. #10 Employee Termination - Separation can be the riskiest point in the employment relationship. It has a lot of regulation and may impact your customers, revenue, and other employees. These 10 critical points of the employee lifecycle are often neglected because they are not perceived as value-added tasks. By improving some of these critical points, companies can experience greater productivity, reduce risk, attract better employees, retain employees, and much more. This organization helps you at each of these steps and will focus on the regulatory preparation/paperwork and day-to-day employee administration so you can focus on HR strategies that impact your profitability.