In our last blog, we touched on the adage that “employees don’t leave bad companies, they leave bad managers.” But beyond a crummy manager, what are the other reasons that employees jump ship and what can you do to fix it before they hand in their letter of resignation? But before we dive in, let’s […]
There is a common saying when it comes to employee turnover that “employees don’t leave companies; They leave bad managers.” But is this really a big cause of employee’s handing in their resignation and how do you go about finding that bad manager before he costs you your best employees? First, let’s examine the prevalence […]
One of the most appealing parts of any compensation program is all the perks that the company can provide. One such benefit that has been shown to really catch the interest of employees is that of incentive programs. But what exactly are they and what are the advantages and disadvantages of such a system? Also, […]
We have all heard the stories: The onsite haircuts at Google, nap rooms at Zappos, in-office bikes and free studio time at Peloton, and even a “personal growth stipend” at OpenDoor. While these perks may sound extreme, they are buzz-worthy add-ons that round out a comprehensive benefits package and make signing on at these bigger […]
A few weeks ago, we discussed why providing accommodations to your employees with disabilities can actually benefit your business. Among the perks we discussed besides obviously staying on the right side of the law, we noted that it can result in a total return on investment in the form of higher productivity, better employee engagement, […]
If you’ve ever run your own payroll, you know what a huge undertaking it is. In addition to calculating the correct wages for your employees, you also have to make sure that you are setting aside the correct amount for federal and state taxes, Medicare, Social Security, and a whole host of other folks who […]
Of all the things that your company offers in a compensation package, did you know that your benefits offerings are almost always considered the most important? In one study, nearly two-thirds of respondents noted that salary is not the deciding factor as to whether they will take or reject a job offer, with most noting […]
While we are not typically ones to roll out clichés, when it comes to workers, the old chestnut “it only takes one bad apple to spoil the bunch” can really ring true. Indeed, just one toxic employee with a negative attitude, either towards a project or your entire company, can indeed color the views of […]
When you hire new employees, you typically bring them on board to fulfill a certain job within your organization, be it a marketer, an accountant, or even an IT assistant. However, over time, many of your employees will evolve, gain new skills, and perhaps even pick up a few certifications along the way that render […]
When you’re a small business owner, especially when first starting out, you are generally operating on a shoe-string budget, with every purchase and monetary decision dissected to determine whether it’s an absolute must-have or merely a future want. One such business expense that falls into the latter category is that of benefits, even though multiple […]
