For many years when shopping for a good or need we look for the cheapest option. The cheapest option however often resides in a mainstream, global corporation. While this can sometimes be the easiest option for us at the time, we forget a much more valuable and important option exists. Often times the people behind these corporations do not care … Read More
As 2021 comes to a close you may be considering doling out year-end bonuses for your employees. A year-end bonus is a lump-sum given to each employee to reward dedication and hard work. Most small-businesses do not offer bonuses, however those that do see the positives. There are both benefits and drawbacks to year-end bonuses. How much should a year-end … Read More
Succession planning is the process of identifying and training potential leaders in your organization. This includes not only leaders at the top but all leadership roles in your business. The idea of succession planning is to prepare your organization for all scenarios, and it can help retain employees if they know there are advancement opportunities for them in the future. … Read More
Imagine working for or supporting a dishonest company or organization. As an employee, you might feel uneasy, and as a customer you might feel duped. These are the feelings that can arise when a business does not value integrity. Integrity is the quality of being honest and having strong moral principles, according to Oxford Languages. A company that upholds this … Read More
Year-end bonuses are a pretty standard way some companies and businesses reward their employees for another year of hard work. In 2020, when a lot of businesses faced hard times, are year-end bonuses still feasible? Keep reading to learn more about navigating year-end bonuses. Provide Bonuses – If you can Your employees worked very hard for you, and 2020 brought … Read More
The current retirement age in the United States is 67 years old. Also, in the USA, you can begin working at age 14 (or 16 depending on the state.) This means there can be as many as 5 different generations of people working in the same workplace at one point in time. It is important to learn the differences and … Read More
When you first begin your business, it may seem like doing everything on your own is the most cost-effective option. However, over time, it may be a good idea to bring in new people to help encourage growth and progress within your business. According to the U.S. Small Business Administration, there were 28.8 million small businesses open in the United … Read More
According to Tradingeconomics.com, the United States overall employment rate is 61% as of September of 2019. With so many U.S. citizens already being employed, getting potential employees to leave their current jobs and join your company can be a challenge. The way people look for jobs has changed dramatically over the past twenty years. Below are a handful of successful … Read More
With many recent college graduates and undergraduates looking for internships to build their resume and find employment after school, it’s important to know how to effectively use an intern for your company. Laying out a path to help them learn essential traits for their future career will not only benefit them but your organization as well. Compensation is important One … Read More
Starting your own business can be a very exciting time; the plan of action you have put in place to reach this goal is becoming a reality. This thrilling new endeavor can also be a stressful hectic time as well. Once you open your doors, there’s no way in knowing how everything you plan and prepare for will play out. … Read More
