Share This: Giving performance reviews to your employees is an essential part of running a business. However, it is something managers and employees dread the most. Why? For the manager, it feels like it’s just another item on the to-do list. Only two out of ten employees feel their performance is managed[…]
Share This: Engaged employees are motivated employees. When they are engaged, they go above and beyond to help your small business succeed. There are many ways to motivate your employees. A 2018 Gallup poll shows employee engagement is on the rise. 53% of employees are not engaged and 13% are actively disengaged.[…]
Share This: Implementing a mentoring program in your small business can help your company in many ways such as: Reducing turnover and increasing employee retention Increasing employee engagement Transferring knowledge from your mentors to your mentees Helping relationship development Showing your future and current employees you are invested in them According[…]
Share This: An employee referral program can be an exceptional recruiting tool if done well. If the new hire feels loyalty towards the employee who referred them, they are more likely to stay longer. Once they get past the first 30-60 days, they become more engaged. This gives them time[…]
Share This:Employee turnover is one of the biggest costs to a company. Sometimes it may be caused by bad hiring practices such as recruiting bad talent that does not match the position or overlooking certain things to make someone fit. However, voluntary turnover (resignations) from your top and best employees[…]
Share This:Tedious. Laborious. Honest. Blunt. These are all adjectives used to describe exit interviews. Most employers do not conduct exit interviews because of the adjectives above. All employers should conduct exit interviews because of another adjective: adapt. If you’re not finding value from exit interviews, you’re not doing them right.[…]
Share This: Running your own business entails many financial responsibilities, especially when it comes to what you provide to your employees. No matter how wonderful your business idea, you may only be as successful as the people you employ. This means offering competitive wages, as well as benefits. For many[…]
Share This: Here are the best articles we found in the month of February on the topics of Entrepreneurship and Small Business: 4 Viral Strategies That Grew Billion Dollar Companies Airbnb. Dropbox. Slack. We call them unicorns, but the fact that these former startups with $1B+ valuations are becoming less[…]