POST CATEGORY : Human Resources

Choosing Between Individual and Team-Based Incentives

Incentives are a great way to keep your workforce motivated, but knowing what kind of incentive program to implement can make a big difference in terms of results. For many companies, everything boils down to individual versus team-based incentives. What are each option’s strengths and weaknesses and which one is a better fit for your company? A better understanding of both types of incentive programs should help you choose the right option.

Incentivized and motivated business team

Before you start, you also have to remember that implementing any kind of incentive program requires the right tools to make sure it is properly implemented. Managing pool bonuses, overseeing cash rewards based on performance, and keeping track of payouts and promotions manually can be a huge challenge, especially as your workforce grows.…

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Are Employee Wellness Schemes Worth It for SMBs?

Corporate wellness schemes are all the rage right now. Some of the biggest businesses of the digital age have pioneered the idea of placing emphasis on the worker’s health, as this “How we care for Googlers” page attests.

Employe wellness scheme

Recently, fellow tech giant SAP began giving all employees FitBit devices in order to help them track their progress in the company fitness program. With such clear support from the larger businesses in the world, is it time for small and medium businesses to follow suit?

What works well with office wellness programs

Though these large companies likely have plenty of money to spare, it’s safe to say that employee fitness and wellness schemes would never have caught on in the way they did if they were not successful in some way.…

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5 Best College Degrees for CEOs

The responsibilities of a CEO are many and varied, and when you are at the head of a company it is important to be able to keep up with and understand all areas of your business. Decisions made by CEOs impact the whole company and will be based on a variety of factors, so certain skills and college degrees can be extremely useful for a CEO.

CEO earning a college degree

So, which college degrees are the best for CEOs should they decide to go back to school?

Computer Science

A computer science degree is very versatile – and almost essential if your business is technology related – but it is also useful to any CEO.…

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Why It Pays In Spades To Recognize And Reward Your Top Performers

The importance of rewarding employees for high performance has long been recognized as a powerful management strategy to stimulate better morale and boost greater retention in an organization.

Employee reward

When properly executed, employee recognition programs not only positively impact recipients, but also influence their peers. While some may be incentivized to win awards themselves, others may simply appreciate that they are part of an organization that honors and respects its best workers.

Why Employee Recognition Programs Work

The psychology behind why employee recognition programs work is simple: people like to feel appreciated for the good work that they do. At the end of the day, employees aren’t just thrilled at the reward itself but at the fact that the company they worked for recognized their hard work.…

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7 Ways Small Businesses Can Boost Profits With HR Software

If small businesses want to remain on the front foot whilst they grow, developing systems to manage and streamline workflow makes good business sense. And that includes HR (Human Resources). The biggest problem for start-ups and small businesses is cost. Lean times when setting out often means deferring strategies with costs involved, despite the long term benefits and efficiency savings.

HR software

Another problem with HR development in small businesses is the lack of any designated HR staff. It’s easy for business owners to see HR software as unnecessary when they are managing perfectly adequately overseeing just 2 or 3 staff. But, it’s easy to lose sight of the day-to-day processes as the business starts to take off and more staff come on board.…

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Tips For Boosting Employee Morale

Being a business owner comes with many responsibilities, which is far too many to mention them all. Keeping all your employees motivated will be an ongoing task that will require the assistance of your entire team of supervisors. If your workers are not motivated, they will not be as productive as they could be, if it were the other way around.

Motivated employees

Every worker has a mind of his or her own, so you will need to start by making sure everyone is one the same page. Below, you will discover several tips for boosting employee morale.

Giving Them Reason To Believe

When you first hire the employees to staff your business, you will need to make them aware of the fact that they are going to be involved in something bigger than themselves.…

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A Manager’s Guide to Giving Proper Employee Performance Evaluations

Make no mistake about it, administering an Employee Performance Evaluation is never easy. While the process of assessing employee performance may seem intimidating at first, they do become easier the more a manager does them.

Employee performance evaluation

Performance, including productivity and morale, go up significantly when managers empower employees with the constructive criticism and positive feedback they need to strive to be the best they can be for the betterment of the company.

This guide will help all managers to learn and/or improve upon the skill sets that are needed to perform accurate and effective employee assessments with the utmost professionalism throughout their careers.…

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Attract Talent With Affordable Benefits

As a business owner, you probably already know you’re in a race to attract the best talent. Large, multinational corporations can deploy enormous resources to keep highly-educated professionals working for them, while startups can sell big dreams and lucrative options plans to get people to stay on board. That might leave small and medium sized businesses pressured to find and retain the right talent.

Hiring

Employees consider perks and benefits a key part of their career. Getting rates on insurance, and offering dental care is simply scratching the surface. To attract the right professionals you need to offer something special. Of course, that doesn’t mean you should try to replicate Silicon Valley-style indoor slides and in-house chefs.…

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How to Effectively Manage and Motivate Your Salon Staff

Upon proactively recognizing the specific challenges on motivating and managing staff, salon owners or managers need to find effective ways to attend to these. However, there is actually no definite way to resolve those issues considering the fact that there are many types of salon business models.

Hairdresser

Diverse approaches could be employed depending on the type and case of your operation. But the good news is, there are other solutions that can be instituted to maintain a creative, busy salon environment full of hard working and motivated staff.

Whether you are a first-hand or experienced manager, we have some ideas and tips for effectively managing and motivating your salon staff.…

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Fire Smartly: Avoiding Wrongful Termination Lawsuits

Firing an employee is never an easy task, but when performance doesn’t meet expectations, drastic measures must be taken. Some employers delay firing to avoid the fallout of termination and the threat of a lawsuit. But delaying the inevitable can cause problems to escalate and make termination even more difficult.

Employee termination notice

Taking steps to proactively avoid the threat of a wrongful termination lawsuit can help you make smarter hiring and firing decisions.

Hold Performance Evaluations Regularly

Document the performance of all employees across the entire organization. Employees of all levels should receive complete performance evaluations on a regular basis.

Evaluations provide supervisors with an opportunity to communicate performance issues, so employees understand the expectations that must be met.…

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