Taking on Staff – What You Need to Know

There comes a time in most businesses, which are doing well, when extra hands are needed to cope with all the work. In other words, taking on staff. For many small company owners, this can be a daunting prospect because there are all sorts of new requirements and responsibilities that come with it. From the recruitment process itself to making sure all the necessary paperwork is in place. On top of that comes ongoing development and support and being able to react appropriately if something goes wrong.…

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.…

Happy Employees Equal Success (Infographic)

Whether you’re an entrepreneur with great dreams, a student advancing his or her career by pursuing an MBA degree online, or a celebrated corporate executive at the head of a multinational company, fully understanding the value of happy employees is fundamental to increased productivity, and ultimately, success. Those in management quickly learn this secret–keeping employees happy results in financial dividends for the entire company. The Harvard Business Review conducted an analysis of hundreds of studies which showed there was an increase of 31 percent in productivity, and 37 percent more sales when the happiness of employees was considered an important part of the business model.…

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.…