You can use the Internet to educate your team about what your competitors are doing. Examples: Ask an aide to check out your No. 1 competitor’s financial performance on Hoover’s Online (www.hoovers.com), which provides free detailed news on more than 12,000 public and private firms. For more sophisticated analysis, instruct an employee who has a financial background to review your competitor’s recent SEC filings on EDGAR (www.sec.gov/edgarhp.htm). Or assign workers to dig for competitive intelligence by having each of them use different search engines.
Even one payroll mistake can damage your standing in the office — and possibly your career. It’s important to spot the holes in your employee pay compliance before the feds or state agencies do....Click here to find out more.