BENEFITS OF INTERNSHIP PROGRAMS Internships are arrangements in which tertiary institutions students lend their talents to companies in return for an opportunity to develop business skills and gain exposure to the work environment. Many internship programs do not compensate interns financially – though some companies make exceptions to this general […]
Human Resources
IMPORTANCE OF A CROSS-TRAINING PROGRAM FOR EMPLOYEES Cross -training involves teaching an employee who was hired to perform one job function the skills required to perform the other job functions. Simply put, cross-trained employees become skilled at tasks outside the usual parameters of their jobs. Cross-trained employees might focus their […]
HOW A COMPANY CAN TURN A COST CENTER INTO A PROFIT CENTER A profit center is a small unit of a company that generates revenue in excess of its expenses. It is expected that, through the sales of goods or services, the unit will turn a profit. This is in […]
EMPLOYEE RIGHTS IN THE WORKPLACE Employee right is a broad term used to describe the range of legal protections that are afforded to individuals and groups that are in the employ of business organizations. Employee rights can be broken into four different categories; rights relating to labor union organizing and […]
HOW TO DIFFERENTIATE REWARDS FROM MERIT PAY AND THE PERFORMANCE APPRAISAL In a competitive business climate, more business owners are looking at improvements in quality while reducing costs. Meanwhile, a strong economy can result in a tight job market. So while businesses need to get more from their employees, their […]
HOW TO CREATE A SUCCESSFUL EMPLOYEE SUGGESTION SYSTEM The term “employee suggestion system” refers to a variety of efforts businesses make to solicit and utilize input from their employees in hopes of achieving cost savings or improving product quality, workplace efficiency, customer service, or working conditions. These range from simply […]
EMPLOYEE THEFT: HOW TO CURB THE SCOURGE Employee theft is a problem of considerable size for many companies. Many corporate security experts estimate that 25 to 40 percent of all employees steal from their employers. Small business owners are not immune to this scourge; indeed, many analysts believe that internal […]
BENEFITS OF EMPLOYEE RETENTION Employee retention refers to policies and practices companies use to prevent valuable employees from leaving their job. How to retain valuable employees is one of the biggest problems that plague companies in the competitive marketplace. Several years ago, companies accepted the “revolving door policy” as part […]
WHEN CHOOSING A TEMPORARY EMPLOYMENT SERVICE Temporary employment services (often referred to as temporary employment agencies or firms) provide employees who possess specific skills to client companies for brief and often fixed period of time. The arrangement can provide a client company with needed help during peak demand periods, staffing […]
MANAGING THE LOSS OF EMPLOYEES DURING PREGNANCY AND MATERNITY LEAVE Most business owners that maintain a paid staff will, at one time or the other, have a pregnant employee in the workplace. Over 80 percent of all working women will become pregnant at some point in their working lives. This […]
