Category Archives for Human Resources
Competitive Benefits Small Business Owners Can Offer Their Employees
After several interviews with a great prospective employee, you may be ready to extend an offer of employment. Job seekers may be excited about the new role, but if the employee benefits are not competitive with other offers, they may decline the job and move on. Small businesses must find the balance between competitive employee […]
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Smart Business Moves: Heading Back to In-Office Work
With the announcement he is requiring all employees back to resume in-office work, Elon Musk weighed in on a polarizing topic now being discussed in boardrooms, headquarters, and small businesses worldwide. The truth of the matter is there is no one-size-fits-all answer for business owners and managers who are facing this predicament. On the one hand, the […]
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Small Business Culture and Success: Making the Connection
The thing about business culture is that it’s so hard to define – there’s no one-size-fits-all approach, and each strategy is as unique as the business it belongs to. It’s challenging for small business owners with a small staff to know where to start building a culture that breeds success. Ultimately, taking that first step […]
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The Real Cost of Hanging on to Toxic Employees
Cost of Hanging on to Toxic Employees. Nearly everyone has worked at a company with a toxic employee (If you haven’t, count yourself lucky). Even businesses that are lauded as being a “Best Place to Work” can run into problems by hiring a bad apple. Toxicity can range from bullying to sexual harassment to workplace […]
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How to Retain Talent In a Hot Job Market
With an ongoing pandemic and swelling numbers of white-collar employees resigning for greener pastures, the conversation continues among our peer group members: What will it take to retain talent and pay them fairly? In reviewing a recent article in the Wall Street Journal, I noted that inflation is at its highest rate in nearly 40 […]
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Influencing Company Culture by Building Self-Understanding
By now, the world knows the story of the dot-com CEO who fired 900 employees on a Zoom call. There’s no arguing this was a decidedly bad business move, and owners and leaders of businesses of all sizes need to understand why. The CEO in question is Vishal Garg of online mortgage originator Better.com, and […]
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What You Can Do About the Labor Shortage
It’s hard to miss all the headlines about the labor shortage. Restaurants are scaling back hours, switching to carry-out only, and even closing for good because they can’t find people. Grocery stores shelves are empty and almost every main street storefront sports a “Help Wanted” sign. Research shows that consumer demand isn’t to blame: Retail […]
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Wage Compression Challenges For Business Owners
Lately, it seems like business owners are facing wave after wave of problems that stand in the way of post-pandemic recovery, with the newest obstacle being wage compression. That’s when you have to raise starting salaries to find new workers and the new people start making as much (or more) as your longtime staff. Why […]
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Company Culture for Remote Teams
Despite the size of your company, culture is the key to its overall success. Until recently, company culture was easy to promote for businesses that had traditional in-office teams. However, with remote work being the norm now and for the foreseeable future, leaders have to adapt their culture-building strategies to pivot and meet changing employee […]
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Avoiding Executive Burnout and Finding Balance
Avoiding Executive Burnout and Finding Balance. There is an infinite number of business growth strategies out there for founders, C-suite members, and entrepreneurs to choose from. However, the most important may be a solid approach to finding a way to avoid burnout and maintain a work-life balance. Lack of motivation, physical fatigue, and even anxiety […]
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