Recently, a colleague of mine wrote a blog post called “How to Avoid Negligent Hiring.” There were some great ideas and thoughts and suggestions, but one thing that was omitted was what kind of costs were associated with a bad hire.
According to a recent survey and blog post by Robert Half Finance and Accounting, there are several costs. The first thing listed by respondents was lowered staff morale (39%). The second was lost productivity (34%). Monetary costs (25%) came in third place. Though they vary from industry to industry, monetary costs can be as much as three times the salary of the person being replaced.
An employee causing an incident can be bad news for a business, especially if that employee ends up hurting someone else. Negligent hiring is a case where an employee injures a co-worker or customer while on the job, leaving you and your company in a difficult position.
Now that we’ve said goodbye to 2015 and hello to 2016, we’ve moved on to a whole new year of big goals. Unfortunately, it can be hard to focus on the work ahead after having spent a large part of December in holiday mode. Here are some tips on how a business can help keep employees from getting into a rut after the holiday season ends.
Each January, people make resolutions to help better themselves in the upcoming year. As another year of business comes to a close, consider making New Year’s resolutions that focus on making your business stronger instead of just losing weight or some of your more typical goals. Here are four suggestions for your business in 2016.
Having a good employee leave can come as a shock. However, some workers show signs when they are thinking of moving on to a new company. Here are six signs that a good employee might be on his or her way out.
No matter how long you’ve been in business, it’s never too late to learn. Fortunately, other business people have shared secrets to success over the years. Whether you’re looking for inspiration or need some gift ideas for the holidays, here are 11 books that all small business owners should read.
Facebook is about more than checking to see what your online friends are doing. Numerous businesses maintain an official page to help expand brand awareness and drum up new leads.
However, with all of the users and businesses currently on Facebook, you’ll need to spend some time on your page in order to build your audience. Here are some tips to help you get your business page noticed.
SlideShare may not have the same notoriety as Facebook, Twitter, or LinkedIn, but the social platform can still be a valuable tool for businesses. As a visual medium, SlideShare gives you the opportunity to show people your message in addition to giving them something to read. Here are some tips to help you use SlideShare as a social selling tool for your business.
In January of 2016, the Affordable Care Act (ACA) will begin to directly impact businesses with between 50-99 employees. While health insurance rates have been impacting business owners since the start of the ACA several years ago, those companies with 50-99 employees haven’t had to offer healthcare or face a fine. That’s changing in a couple of months.
The interesting thing about the ACA is that the very people it is supposed to help, low income workers, seem to be the ones least interested getting their healthcare, even when it’s offered by their employers.
Unlike other massive social networks like Facebook or Twitter, LinkedIn is dedicated to professionals. Over 40 million users in a variety of industries have profiles on the network, giving you potential access to several new business leads.