Employee theft will price a retail business thousands of bucks a week. It is one of those business possession or management experiences that is all too often ignored till it has happened to you.Employee theft is real, take it from someone who has experienced it firsthand. In my case, over fifteen years as a retail business owner, I have experienced 3 occasions of great employee theft costing $a pair of,000, $20,000 and $twelve,000...more
Employee Efficiency in the 21st century: Collaborate to Compete Traditionally management theory has suggested that to increase the efficiency of our companies we need a division of labour. Adam Smith first suggested this in the 1700s arguing that by dividing labour and allowing them to specialise in a specified area, an organisation would be able to increase efficiency and therefore lower prices and gain competitiveness in the market. This...more
In Australia, novated lease is a three way contract linking an employer, employee and car Lease Company, under which the employee leases an automobile from the Lease Company, and employer, is in agreement, to undertake the employee's commitments under the lease. Usually, the employer makes the lease payments in support of the employee, and deducts them out of the employee's pre-tax earnings. If the lease agreement ends, the employee keeps hold of the vehicle, however, the entire obligations assumed by the employer under the novation agreement goes back to the employee. Vehicles salary packaged in the course of a novated lease magnetize Fringe Benefits Tax (FBT) in Australia. Though, FBT is treated as concession ally for vehicles, as a result novated leasing can be a tax-effective technique for an employee to buy a vehicle, conditional on the kind of vehicle, kilometers traveled yearly, FBT method used and employee's pay. There are three main types of novated lease: a novated finance lease, where just the vehicle is leased, a fully maintained novated lease, where the vehicle and its operation costs are absorbed into the lease, and a fully maintained novated operating lease, where...more
Keeping your employees - especially your top performers is critical for your business success. Smart companies develop Employee Retention Plan to improve their current Employee Retention Rate and develop high performance organizations. Companies can improve in many ways but it is critical for the companies to understand that having an Employee...more
THE BOSS BIBLES: 7 Ways To Improve Employee Morale APPROVE1. Action2. Personal3. Praise4. Respect5. Openness6. Value7. Enjoyment1. Action - Take action when an employee comes to you with ideas for improvements or potential trouble spots that are concerns for workers. Health and Safety are not only expensive items to overlook, in...more
MY BOSS BIBLES: Employee Discipline; Your problem or theirs? Do employees cower when they see you coming?When you get overwhelmed do you take it out on the nearest person?Do you know how your message has been received by your employees?Now the big question! Do you think that these things make a difference in productivity?Yes! These make a tremendous difference in how people feel and therefore, how they perform.Human beings are very complex creatures; we are ruled by our emotions, yet we have a logical side that many times is contrary to our feelings. When logic tells us one thing and emotions tell us another, the result is confusion. Does having confused employees fit in with your marketing and production plan? Or is this counterproductive?The answer lies in the job itself. An example of a job that does not include feelings would be…HMMM? Well, I honestly can't think of one!Even people who work alone have internal feelings that will positively affect or negatively affect their output. An attendant at an all night parking garage may be sitting alone for hours at a time, so what are they thinking about? Studies show us that humans are happiest when actively involved...more
One in three employees are ‘ready for change' According to a recent study, one in three UK employees would leave their existing job if they could. The research has found that 33% of UK workers did not feel valued by their existing...more
Improving the Employee Evaluation Process Any business needs to have improved efficiency at the very top of their agenda. Improved efficiency is the best way to improve the bottom line and spending less while making more is what it boils down...more
Tushy Massages – The Definite Massage for Overworked Office Employees Are you always staying overtime and sitting all throughout the morning and the afternoon? Keep in mind that having a sort of sedentary lifestyle at work can also bring...more
If you are seeking to build a growing and successful business, you need to understand the importance of building trust with your employees. This is one of the vital ingredients which cannot be underestimated. You might have an excellent product or...more
Document Imaging – A Rescue for Employees! Last month, my boss gave me a lot of work load to be sorted out in order to plan ahead for the next financial year. The task was to dig out the old papers from the file keeping section of the...more
One of the best kept secrets in big business is the simplicity and effectiveness of the NLP toolbox of communication skills. Corporations are using NLP training to create a powerful performance edge.Neuro-: Reality is processed by our five senses...more