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Given the difficulty of running a business these days, some owners have no choice but to retrench their employees. It’s probably the only way to save money and keep the company running. However, it might be terrible to let employees lose their income source considering how difficult the economy is. If you’re already heading towards
There is no single definition of leadership. We learn about what it takes to be a leader along the way. We can also learn it from other people. There are leaders who have proven to be successful, and are willing to share their secrets with others. Top executives and political figures don’t hesitate to speak
When this pandemic started, the only way for people to stay safe is by social distancing. Offices are closed spaces with poor ventilation. Staying in the same area along with dozens of other employees is a recipe for a disaster. Therefore, companies had no choice but to cease operations. Virtual offices immediately became the norm.
Everyone has been badly affected by this pandemic. Businesses around the world have drastically reduce their profits due to the lack of economic activities. Some businesses even decided to permanently close since they can no longer keep up with the challenges. If you’re one of the lucky people to run a company that is still operating,
One of the reasons why you feel comfortable about working from home is that you don’t have to wear office clothing anymore. You don’t have to rush in the morning to get yourself ready for work. As soon as you get up of bed, you can start working. While it’s comfortable, there are also some
After several years of dedicating themselves to a company, some employees have to call it quits because of their age. In some places, there’s a mandatory retirement age. You should make these employees feel special. It’s not easy for them to finally say goodbye, but it feels better if they know that they contributed a
It’s unfortunate to see businesses closing because of the pandemic. Several companies that used to be resilient ended up filing for bankruptcy due to the inability to keep everything running. Given the lack of customers and not seeing the end of this pandemic just yet, these businesses have no choice but to close. You’re lucky
When you decided to open a business, you hoped that it will be a huge success. You also thought that moving your way to the top as quickly as possible would be an excellent idea. You want to recover everything that you spent and keep the business going. However, before you wish on making
Regardless of how you feel about cancel culture, it’s the reality that the businesses have to deal with. If you commit some mistakes, it’s easy for people to ditch your brand and look for other options. Sometimes, there’s no turning back. Once you failed to maintain an excellent reputation, it will adversely affect your business.
Awarding an employee of the month has been a tradition for several companies. It helps motivate employees to do a better job to reach that goal. While it has been effective for several companies, it doesn’t always yield desirable results. If you wish to practice doing it in your company, you have to take these