Why Keeping Good Employee Records is Vital

It really does not matter what type of company you run, understanding its strengths and weaknesses is vital to success. Gathering relevant data about your business and interrogating it on a regular basis is by far the best way to stay informed about what is really going on in your firm. This applies to all areas of your business, not just your finances. It is not enough to just pull off a profit and loss report every month, and review it.…

How to Successfully Manage Large Numbers of Staff

It can be a fantastic thing to say you’re operating a business that encompasses a large number of employees, and no doubt such large numbers have a great impact on the abilities of your business as a whole. Having said this, it’s important to take into account vital factors when managing large numbers of staff, such as budgetary requirements, managing files and organising payrolls. So where do you begin? Well, thankfully there are a few practical means of managing staff without having to go to drastic financial lengths.…

Why it Pays to Invest in the Future of Your Employees

Offering a decent salary is most certainly enough to get some of the top millennial candidates through the door… but is it enough to keep them? Sure, the “almighty dollar” can be a great incentive and is definitely one of the reasons that we go to work each day, but as the cost of living goes up, the company budget tightens, and raises become far and few in between, money is no longer the motive. In order to run a successful company, equipped with a great staff, business managers and execs must be willing to think outside of the box to maintain employee satisfaction.…

Avoid the Horns and Halos: Objective Recruitment

We have previously written a piece on the importance of human capital. It really is vital, and it starts with your recruitment. There are a number of biases that you need to be aware of when you begin a recruitment journey. When you have battled through the sourcing process, and according to recent research it can be a real challenge identifying the people to bring to interview, you need to get the interview process right. Human nature means that we make certain snap judgement, and use stereotypes to understand the world.…

To In-House or Outsource: Your Foolproof Guide to Optimizing Your Human Resources

Owning a business today is much different than it used to be. Years ago, businesses needed to hire employees to do all the necessary tasks. Companies had an in-house marketing department, and in-house billing department, an in-house customer service department and an in-house HR department. Thanks to technology and the Internet, many companies are starting to ditch the in-house departments and opt to outsource their needs. Today, many business owners are starting to wonder if they should hire someone to work in house for certain tasks and responsibilities or if they should outsource their needs.…