Insights, Ideas, Results
An employee who has a superannuation fund can put that money to work for them once they’ve retired from the company where they had the fund. Additionally, businesses offering superannuation solutions can actually see collateral expansion as well for a variety of reasons.
There are so many benefits that workplace teamwork brings to a business that is certainly worthwhile making it a big priority to encourage better teamwork. How you do this will vary depending on your business and the people that work in your team but there are some standard methods that businesses use to help teambuilding.
Teambuilding activity days are a popular way to start off. This could involve an outdoor pursuit day, an escape rooms style activity or even a course at the Seasoned Cookery School to get your team working well together. These kinds of activities are great for providing a fun environment for the team to get to know each other better and to develop better collaboration skills.
Here are some of the reasons that you should make workplace teamwork a priority for your business:
Having the ability to motivate staff without resorting to offerings of more money is one of the most powerful skills a business owner can have. Unfortunately, not every business owner possesses this skill, which is why many bosses think throwing money at their staff will somehow make them better employees.
While money is definitely a motivator for some, the fact is, many people are happy to put in hard work for other less costly reasons. As a business owner, you owe it to yourself and your staff to learn what these reasons are and use them to save yourself money and make your employees feel good about their jobs.
It is vital that small businesses secure a good hire, spurring on faster growth and more efficient levels of productivity. Still, it’s getting more difficult to find the right candidate, and there are many factors influencing that final decision. Still, while it can be easy to believe that every bad hire is the employees’ fault, the truth is, a poor candidate shouldn’t even make it as far as the interview stage, let alone be put on the payroll.
Consequently, here are some of the best hiring practices you can carry out as a small business.
In simple terms, productivity means getting the most out of something or someone, for the most cost-effective investment. To optimize your staff productivity, you need to look at all the influencing factors that can affect their performance, and find ways to help them complete tasks more efficiently and be motivated to do their best. There are many factors that can influence productivity, but they broadly fall into one of two main categories. You may improve productivity to a degree by addressing one of these categories, but you’ll achieve much better results if you examine both categories.
As an entrepreneur, you need to be familiar with your health care and retirement options. It’s easy to focus only on the present and avoid thinking too far into the future, but that will mean you might not be prepared when you start to reach your golden years. Preparing for retirement should be a process that starts today.
Two of the most confusing parts of aging is Social Security and Medicare. These government programs are changing every year, and they seem to become increasingly complicated. You need to start by familiarizing yourself with the basics so you can make smart choices about your future today.
Going through a divorce is a complicated legal procedure that involves no shortage of emotions. A divorce can be draining on your mental, physical, and emotional spirit. Not only is it an emotional roller coaster, but it can feel like you’re thrown completely out of your element, as you’ve likely been married for quite some time and are embarking on a new journey. And you’re not alone: roughly half of all marriages end in divorces.
If you’re a business owner/entrepreneur, you’ve got a lot riding on your success. You need to keep your business operations afloat without letting your personal life interfere with your progress, and ultimately your fiscal bottom line. In order to properly move forward, it’s important that you stay positive and productive. But staying productive during such a hard time is easier said than done. Here are a few tips:
STEM (Science, Technology, Engineering and Mathematics) is a massive, multi-disciplinary field that ranges from the depths of the ocean to outer space — and everything in between.
And although advancing the human race might be more motivating for many STEM professionals than making money, it can be lucrative nonetheless. The sector’s full of successful firms with business offerings that can be simple and sophisticated.
If you’re thinking of launching your own scientific startup, here are six STEM firms that specialise for success.
It can be so very difficult for a business owner to delegate any tasks, let alone employ someone after they have been doing everything, big and small, for their business from the start. However, as your business grows, the chances are that you will need to hire at least one person and possibly more if you are going to see it succeed in the way that it should. Working for and by yourself is wonderful, but it could be stifling your ambitions. If you think that it might be time to hire someone, here is a checklist that can help you decide for sure.
Finding the right employees can mean the difference between good and great for any business. The reality is that in order to execute your vision for your business you need a strong team of people to help you do so. In light of this, if after an arduous recruitment process, you’ve managed to find some star employees, it’s imperative that you find ways to hold on to them. Every business has a different approach when it comes to this, so at the end of the day, it’s about finding what works for you. On those premises, you’re going to find a few top tips for retaining your best employees below.
