What Is a Performance Evaluation? The annual employee performance evaluation process is a normal thing in the business world. Annual reviews offer organizations a chance to make sure that management and employees are on the same page in terms of business goals. Employees can also learn about issues that should be addressed as well as…
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Company Meetings Meetings can be an essential part of running a business. However, too many meetings can actually halt productivity and waste valuable time. Did you know that each time an employee joins a meeting they immediately lose where they were in their thought process? After the meeting, research shows that it can then take…
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“I Want a Raise” Now What? As a small business owner, you’ll often receive requests for a raise from your staff. Maybe you have employees go directly to their managers for the salary discussion, or perhaps you handle it yourself as part of an annual review. However, you address the issue, below are some tips…
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Hiring Can Be Overwhelming When running a small company with only a few employees, it can be a scary prospect when you begin to add more and more employees. Young startup company CEOs looking to grow their business often find that recruiting new talent becomes difficult if they do not follow a few well established…
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When employee morale is low, work tends to suffer. As an employer, one of your duties is to help lift employee morale and keep it high. Here are some things you should avoid if you want to keep employee morale up: It is crucial that you remember that happy employees are productive employees. By avoiding…
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Utilizing Part-Time & Hourly Employees Employee engagement can be difficult with full-time employees, and even more so with part-time or hourly employees. In many instances, hourly or part-time employees work in lower-paying roles, have limited flexibility and usually do not receive benefits. This often leads to a clock-in/clock-out mentality which can affect productivity and your overall…
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Navigating Employee Meetings One-on-one meetings are an opportunity to engage with your employees as well as address any issues they may be facing. By engaging in meetings effectively, you will recharge your employees. This will help them work more productively- win, win. Many employers implement one-on-one meetings, however, they typically don’t put much thought into…
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Retaining Employees- Is This Crucial? Although reports can’t agree on one price, most estimates put the cost of losing an employee at two times that of the employee’s annual salary. In addition, that cost can rise quickly if we are talking about replacing executives. Why It Costs So Much to Lose An Employee The true…
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Holiday Bonus Season Is Here: A holiday bonus is a traditional gift given to employees by employers each year as a big “thank you.” Many managers and business owners want to give their hard-working employees a bonus at the end of the year. The unfortunate truth is that many cannot afford it in today’s economy.…
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