With the current economic crisis, businesses are facing some of the toughest times ever in over a decade. What’s worst is that when a business crumbles, everyone around suffers. Employees get laid off, and creditors don’t get paid. It’s a ripple effect. But there’ a silver lining to every negative turn. The businesses that can […]
Human Resources
5 Easy Ways to Increase Business Productivity
Small businesses often run with tight margins and need to ensure that they are getting as much from their staff as possible. This is productivity, and it is absolutely vital in the short and long-term success of the business. If your team is less productive than your competitors, you can fall behind in the marketplace […]
What MUST Your Small Business Spend Money On?
The business world has come a long way in the last ten years. Today, there are new tools and technology that you are told are essential to success. As a result, it’s tough to know what to spend money on and when to keep it in your corporate bank account. Considering small businesses don’t have […]
Why Your Small Business Needs to Adopt eLearning for Employee Training
As more businesses realize the importance of learning and development (L&D) for staying relevant in today’s competitive environment, small businesses are faced with a unique challenge. While larger enterprises have little restraint when it comes to investing in employee training, smaller businesses are tied by bootstrap budgets and infrastructure-related challenges if they want to deploy training initiatives. […]
Use Mobile Apps To Efficiently Handle A Remote Team
Remote work is the future. According to a study published by Upwork, close to a third of all workers will be fully remote by 2028. Collaborating with your remote team members and ensuring a streamlined work set up can be a challenge when a major chunk of your workers don’t log into your office . […]
Use Office Parties and Social Functions to Boost Morale
Office parties, special events and other social functions can be good for more than just relaxation. Whether it’s helping to cultivate and maintain the right workplace culture and atmosphere, creating valuable networking opportunities or finding ways to provide employees with the sort of shared experiences that may allow them to form a more efficient team, […]
Simple Ways to Ensure Your Corporate Training Sticks
Thanks to an increasing skill gap, lack of interest in training, and employee turnover due to lack of proper training, businesses are losing $13,500 annually for every employee that gets trained. This number does not look surprising considering only 12% of learners apply the skills they obtain during training to their day-to-day tasks. As corporate […]
Firing an Employee
If you’re reading this, you’re likely in a difficult situation already—you’re trying to figure out how to fire one of your employees. This isn’t an easy task. You’re likely reviewing their performance, thinking about your own decisions, and trying to figure out what went wrong. Once you’re sure this is the course you want to […]
3 Ways to Convince a Demoralized Employee to Stay
There comes a time in many employees’ lives when they feel it is time for them to move on. This may be as a result of that employee’s desire to take on a new career path, or they may have personal or family obligations that require them to leave their position. In cases like these, […]
7 Employee Retention Strategies That You Can Apply Today
Savvy business owners know it costs 5x – 6x the amount to acquire a new customer than to retain an existing one. This rings true for hiring and employee retention as well. A report by the Center of American Progress found the average cost to replace an employee varies from 16% up to 213% depending on the employee’s compensation level. In […]
