There are growing signs that the economy is improving. Perhaps the most notable marker is that more people are starting to come back to the workforce. The unemployment rate is continuing a downward trend, meaning that more employers are starting to hire again.
Of course, finding good employees is important to a company’s growth, but keeping their best employees is vital to an employer’s productivity. Keeping your best employees ensures a smoother transition for newer employees and keeps the job environment stable with their most seasoned employees.
Of course, with a growing job market, sometimes a company’s best employees begin looking at this as an opportunity to “test the waters” of their own value and see if there are better options. How does a small business owner retain good employees while attracting qualified candidates? By offering benefits.
Employee training is an effective way to teach new employees and develop existing workers. However, employers may be concerned about related expenses, as employee training has been estimated to cost around $1,888 per employee for companies with fewer than 500 workers.
That’s quite a bit of money, but the cost of training can be well worth the investment. Here are three big reasons why a commitment to employee training is a great financial decision for your business.
Immigration has been a hot topic ever since President Donald Trump was elected. New changes have put a focus on new and potential laws that will impact employers all over the country, including the update to the I-9 form and potential expansion of the E-Verify program.
A company can offer the best product or service around, but if no one knows about it, they will never succeed. In today’s consumer market, it is more important than ever to get the word out about your business. Here are a couple ideas to get you started.
Safety management is something we all constantly contend and grapple with in our approach to do business the right way. how do we know if our aim is true? How can we measure our success? How do we know when we strike the mark? The answers to these questions are not always evident, and the difference between striking the mark and missing the target altogether can look very similar on the surface.
To plot a course through the fog, we need to ask ourselves these two simple questions. Are we managing for safety to gain compliance? Or are we leading toward safety to develop a culture?
Non-compliance can cost businesses a lot of money. If you’ve read our posts before, you’ll know that the benefits of staying compliant are things that we’ve harped on before, but it’s worth repeating, especially when small business owners pay billions of dollars each year in payroll tax penalties. It’s especially true when it comes to something as problematic as multi-state payroll compliance.
The problem with multi-state payroll compliance is that the rules you followed for your home state may not be the same as the other states where you do business. Each state has different payroll standards, meaning that you may not be nearly as compliant as you thought you were.
The cost of prescription drugs in the United states continues to rise which has become a source of concern for everyone from patients to policymakers. According to a study published in the Journal of the American Medical Association (JAMA), “Prescription medications now comprise an estimated 17% of overall personal health care services in the U.S.”
We don’t want to think that we overpay for any goods or services. Taking time to do some research can help you save substantially on your prescriptions. Here are some tips to help save on costs.
The knee is the largest joint in our body and, by the nature of its use, takes the brunt of our day-to-day activities. Think about all of the things you do on a daily basis and then try to imagine doing any of them without your knees. Rolling over in bed would be about the only thing you could perform; you couldn’t even stand up to start your day without the use of your knees.
Those jointed masses of bone and ligament help us to stand, bend, squat, walk, jump, run, crawl, kneel, pivot, and even sit. Thinking about everything that these joints do for us, it only makes sense to take good care of them.
Did you know that your knee absorbs four times your body weight when walking and 10 times your body weight when running? Given these numbers, it is evident that even workers with a smaller body frame, carrying an appropriate weight are still stressing their knees every day. Adding my 20-40 pounds of extra body fat, depending on the month, only compounds my chances of experiencing a debilitating knee injury at work sooner rather than later.
Too many emails per day keeps productivity away. Email is a great communication tool, but too many business owners and employees get bogged down and frustrated by endless messages that eat away at productivity.
Forbes reported that “office workers spend 2.6 hours per day reading and answering emails.” That’s almost a third of your work day! It’s time to take back your time so that you can limit the amount of your day you spend dealing with your email and limiting distractions. That way your business can benefit and you’ll feel a lot better about dealing with your inbox on your terms. Here are three email time-management tips that can benefit you and your company.