As companies compete for talent, monthly premiums could become the next casualty of the red-hot labor market. To prevent employees from becoming another statistic in the Great Resignation, companies may want to revisit the health benefits they offer. Some small business owners are embracing a perk...
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How to Respectfully Discuss Contentious Issues at Work
You probably wouldn’t be surprised to hear that people are more hesitant to speak up at work now than they were a few years ago. I certainly wasn’t shocked when a study our firm conducted in late 2021 of more than 1,400 people confirmed this. After all, we are living in one of the most volatile...
How Business Can Build and Maintain Trust
Which organizations do you trust? Government? The media? Business? The Covid-19 pandemic has had a keen impact on how consumers feel about institutions, and it may surprise you that business is actually the most trusted institution in the U.S. — for the fourth year in a row, according to Edelman’s...
How to Know if Hiring a Sales Consultant is Worth the Money
Sales consultants can be helpful, but they can also be expensive. Are they worth it? If you're struggling to build sales momentum or if you have a challenging goal you need to achieve, you might consider hiring a sales consultant. Sales consultants have the potential to help you reassess and...
New Study Reveals the Top 3 Cyber Threats You’ve Probably Never Heard Of
One of the vulnerabilities is called 'sniffing.' If you think your business is completely protected from inbound cyberthreats, think again. A study released Wednesday from the San Diego-based CyberCatch, a cybersecurity platform provider focusing on small and mid-size businesses, reveals that more...
The Rise of the 15-Minute Meeting — And How to Run One
“Hey, can we get meetings both shorter and more engaging?” It’s a question software CEO Jim Szafranski gets a lot from customers, which range from start-ups to Fortune 100 companies. Szafranski runs Prezi, whose technology allows executives to add visuals and animations to video presentations and...
Work-From-Home Conditions Require New Ways to Onboard Employees
What if we treated new employees like new customers? It's a provocative question worth considering. In a time when finding, hiring and retaining talented employees is harder than ever, we need to look at how little we spend to turn these employees into loyalists. It may take months or a year to...
7 Problems to Pay Attention to for the Biggest Payout With Your Business
No doubt you are working on many challenges daily, but are they the right things for your business? I hear too often from business owners and entrepreneurs that they are bombarded by so many requests and problems, that they have trouble sorting out the daily crises from opportunities with a major...
U.S. Employment Costs Climb by a Solid 1% After Record Third-Quarter Gain
U.S. employment costs rose at a robust pace for a second straight quarter, wrapping up the strongest year of labor inflation in two decades as businesses competed for a limited supply of workers. The employment cost index, a broad gauge of wages and benefits, advanced 1% in the fourth quarter,...
Desperate for Workers, Small Companies Pump Up Health Coverage
New Orleans dining spot Boucherie heavily touts its new health-care plan when it recruits staff. Combined with a 30% pay hike, it’s helped the restaurant survive the Great Resignation and attract new workers. The two-site company, which includes fine dining Boucherie and the Bourrée at Boucherie...
The 10 Commandments of Employee Terminations
Terminations are always unpleasant, but these rules can make it easier and less risky. You will eventually need to terminate an employee if you own a business. If you are not careful, you will do it the wrong way. This can go spectacularly badly--just ask Vishal Garg if you're not sure. His Zoom...
Glassdoor Predicts the Top 4 Workplace Trends for 2022
Instability has been the recurring theme of the last 22 months, and that doesn’t seem to be changing as we enter the third year of the pandemic. Employers want to enter 2022 as prepared as possible to take on the challenges plaguing the workforce, including stress, burnout and financial...