According to research, the retention rate as a result of Training lies at about 20% — depending on which sources you check. If followed by Coaching, the retention increases dramatically to over 80%. This pretty much follows the Pareto Principal. It is also claimed that Coaching can increase ROI to 6-1. Read More
Certainly, many small business owners have experienced what it is like to run a small business with a skeleton staff. Those who started their business likely founded it with perhaps only one employee, themselves. But now the tough economy is bringing back those hard times for many small businesses. This CNN Money.com small business article looks a Read More
Economic recovery is at the horizon, so it's the time to make it even. Stimulus packages, have given a boost to the world stock markets, and it has placebo effect on businesses as well. Read More
For small business owners, a need-to-know review of the laws and allowances pertaining to religion and the workplace. Is it legal for an employer to require Saturday availability when it coincides with an employee's religious practices? Read More
It's tempting to consider layoffs to preserve the bottom line during an economic downturn. But is it really worth risking lowered employee morale and the costs of re-hiring and re-training?... Read More
Believe it or not, it's a good time for small businesses to hire great talent when the big guys are laying everyone off. Some of the most talented business people are looking to smaller businesses to provide better opportunities for advancement and earnings... Read More
Here are 5 mistakes to avoid with hiring and starting your new employee. Read More
The statements, findings, conclusions, and recommendations found in this study are those of the authors and do not necessarily reflect the views of the Office of Advocacy, the United States Small Business Administration, or the United States government. Read More
XYZ Corporation, a fast growing small business, spent five nmonths and several thousand dollars preparing their new employee manual. It includes policies and procedures for all employees. That was four years ago. In that four years, the company has Read More
The old school approach believed that money, above all, is the best way to motivate employees. However due to faltering revenue or other causes, no executive or employee would receive a bonus this year. Given the fact that an unmotivated employee impacts your company more than you may realize, how will you strategize to save both the company and y Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!