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The Cost of Turnover & How To Reduce It!
Constant ‘churn’ an turnover due to poor hiring decision is very costly. Often the real cost of employee turnover is not realized. The following items come into play every time you have an employee leave your organization. Assign a dollar amount to each item... READ MORE
How to Attract & Retain Young Workers!
Over the next thirty years labour demand may outstrip supply by 35 million workers. This projection reflects labour demand based on the continuation: 1980-2000 trend in output per capita. It is adjusted for labour productivity improvement... READ MORE
Ripped Off! Hiring the right employee requires a vetting process.
In the 1950’s criminologist Donald Cressey introduced the theory of the “fraud triangle” which suggested that there are three factors that contribute to an employee committing fraud, The first is financial pressured on the employee, such as gambling or credit card debts. Second is... READ MORE
Proper Employment Documentation is Essential.
Security in a pile of papers….A manager generally spends about 80% of his or her time dealing with people issues.
Proper policies and procedures can cut that down immensely. But the 80% will climb dramatically when proper documentation is missing. An entrepreneur recently had a problem regarding vacation time with one of his staff…... READ MORE
Be a Leader – A survival guide for the impending workforce crisis
Employees quite their managers, not the company. Why is this? Research indicates that 89% of managers believe that employees leave for more money. The fact is only 12% leave for more money and 88% leave for other reasons. Some of those reason include... READ MORE
Setting Goals One Bite at a Time!
Everyone has goals although we don’t always refer to them as goals! There are two basic types of goals. Short-term goals, quite often referred to as objectives, particularly in the business environment. Longer-term goals may include the completion of a major project or milestone in a company business plan. The majority of our goals cannot be achieved overnight. Regardless of the goal type we must face reality and understand that in order to achieve our goals... READ MORE
Stay Competitive Through Tools that Organize Your Work
Many senior executives in business today feel like orphans. Accustomed to secretarial and clerical support, they find that the new “de-layered” businesses of today usually do not offer such assistance. It is rare for any but the top managers in a major organization to have a dedicated assistant today. Others must share administrative support or do without. While organizations may feel that by providing the right technology... READ MORE
How Can I Eat, Drink and Close a Business Deal Over Lunch?
Business lunches can easily become no more than a social event unless you have a clear focus about what you want to achieve. Here are six tips to consider... READ MORE
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