A 401(k) sounds like a new assault rifle in the market, but it is actually a lifesaver for employees in most organizations as far as the prospects of their returns and pensions after employment is concerned. As an employer, however, you will be very hesitant to offer this policy to your employees because it is…
There are many types of benefits that are offered by the employer to the employee. Fringe benefits are one of the popular type of benefits that are offered to the employee these days. We will be exploring about fringe benefits in detail in this article ahead. Stay hooked! What Are Fringe Benefits? Fringe benefits are…
You have your own business – you have your dream of becoming a millionaire one day. But, it has been quite some time now and your dream is not turning into a reality, Why? Because your employee output is not up to the mark. In order to improve the output of your employees, you need…
Employee evaluation meetings are considered as a difficult task for both the employees and the managers because it is tedious. But this doesn’t mean it has be dull all the time. It can be improved. Disregard The Old Fashioned Style of Performance Review Perhaps the most important thing is that you should not be following…
A good employee benefit program will accomplish some targeted goals. First and foremost, it’ll give financial protection for the employees and their families in case of disability, illness, unemployment or death. Secondly, it’ll support the company’s productivity as a whole and promote positive employee morale. Lastly, it must serve as a recruitment tool, which will…
You have probably heard of unfair scheduling and scheduling abuse in the workplace. For some, employers, they don’t really give much time with planning schedules and policies on time off. However, when you are a business leader or manager, you should make it your priority to ensure a fair and smooth running workforce to lessen…
There will always come a time when you need to change the pay of an employee, which can be either for good, or at times, for bad. You need some things to make sure that there will be smooth adjustments of the wages of your employees. However, before you make any employee pay adjustments, you…
Employees hаvе great ideas еvеrу day. Iѕ уоur organization tapping intо them? Mауbе you’ve gоt a physical Suggestion Box thаt employees саn drop paper notes into. Mауbе you’ve tаkеn thе concept digital with аn Idea Wiki оr ѕоmе оthеr online tool. Eithеr way, unlеѕѕ HR аnd management make it a priority tо regularly request (and…
Thеrе аrе fivе big mistakes that, whеn addressed properly, will reduce unnecessary turnover аnd improve morale, productivity аnd profits. With ѕоmе minor сhаngеѕ in management’s communication style, employees will wаnt tо bring thеir “A game” tо work everyday. NOT BEING BELIEVABLE All executives claim tо vаluе thеir people but recognition programs, incentives, bonuses аnd pats…