Finance Archive
It’s unfortunate if employees don’t trust the people in the management team. The success of every organization depends on the level of trust people have with one another. If some employees feel like they couldn’t trust the people on top, it might affect their performance. These are some reasons for the management team failing to
Diversity seems to be a huge issue these days. It’s a good thing that the lack of diversity in various industries has taken the spotlight in 2019. It’s time to finally call out CEOs who don’t have strategies to promote diversity, or team leaders who have hiring practices that don’t lead to diversity. These are
Several startup companies are promising. There are great ideas that might work for a lot of people. The problem is that the failure to manage these companies led to a disaster. Instead of soaring high, they burned to the ground quickly. These are some important reminders for startups in managing finances. Always monitor spending You
Starting a business isn’t easy. You have to take a lot of risks before you get your desired results. Even if you have a great idea, it doesn’t mean you will come up with a perfect business. These are some of the things you need to know before you start your business. Realize that it’s
When hiring new employees, you want them to have a great skill in working with other people. Being a team player is necessary to help your company succeed. There are people who can work well alone and have a great sense of focus. You can hire these people too, but they also need to learn
It seems like everyone is vlogging these days. From celebrities to regular people, they find ways to stand out in various social media platforms. Apart from having a platform to express themselves, they’re also earning a lot of money. Several people are willing to follow vloggers who have a fantastic content. They might be busy
It’s a good thing to have a little competition at work. It challenges some of your employees to do a great job. It leads to more productivity and quality results. The problem is that it can also go way over the top. Some of them end up being too aggressive, and it becomes an unhealthy
The hiring process isn’t always perfect. You end up getting the wrong person for the job. There are instances when you got the right person, but for the wrong post. As such, it’s smart to consider moving that person to another post. You still have a quality employee in your hands, but not used fully
You might notice that one of your employees takes a leave of absences regularly. At first, you understand what’s going on because it’s the person’s health on the line. However, if it’s a recurring situation, it might seem unacceptable. As such, you decided that it might be time to let go of this employee. Before
Giving your employees a bonus is a good thing. It shows that you care about them and you reward them for a job well-done. Usually, companies give bonuses based on how the employees perform. Those who displayed exemplary performance and contributed a lot to the team will receive higher bonuses. On the surface, it seems