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 […]
Human Resources
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 […]
3 Free Tools for Small Business Owners with Hourly Employees
Whatever your business’s budget for office tools, it’s always nice to hear the word “free.” It’s not that you mind paying for something you need, but high prices better come with significant value. But it’s nice when you can employ a free tool, or even a free trial, to help you narrow down the kinds […]
The Millennial Workforce is Reshaping Healthcare
Traditionally speaking, and since the 1940s, American employees held the general expectation of receiving health care through employment. These expectations are quickly fading as younger generations are remodeling the job market and the way we work. The increasing stability of the gig economy has also influenced the shift in the job economy. Because of this, […]
Annual Reviews or Constant Feedback?
Here comes a controversial subject. How often do you take the time to rate your direct reports? Is it worth the time and effort when measured from the perspective of the company and of the employee? In terms of time, this can be expensive and disruptive to you and your direct reports. In terms of […]
Avoid These 3 Employee Time-Tracking Mistakes
Time tracking is one of the most important parts of your business. This is especially true for larger businesses which have a lot of employees working for them. These employees often need to adjust their shifts according to their daily routines. With the increasing popularity of time tracking and with more companies looking to implement […]
3 Big Red Flags to Watch for When Reviewing Resumes
If your team is growing, it’s likely you’ve already looked at a few resumes. If you’re anything like the common recruiter, you’re only reviewing applicants’ resumes for 6 seconds before judging them and making a decision. Here are 3 resume mistakes that indicate you should eliminate an application from your consideration. No customization? Don’t follow […]
5 Crucial Steps to Working with a Freelancer Successfully
The benefits of hiring a freelancer can be significant, but the nature of remote working can also bring challenges, particularly to a small or start-up business. In fact, you might be wondering how you will be able to manage a freelance employee. However, with enough understanding and adaptability, this will become far less daunting. One […]
