Posts Tagged ‘Incentives’

Big Job Losses

The employment numbers out today from the U.S. Bureau of Labor Statistics were simply depressing – though not surprising.For example, based on the household survey – which often captures more entrepreneurial activity – the story is quite grim. Since the November 2007 peak, the U.S. has lost nearly 1.7 million jobs.Meanwhile, the payroll survey points to a loss of 524,000 jobs in the last two months, and nearly 1.2 million since this past December’s peak.The payroll survey also offers a look at the private sector jobs picture.

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Rewarding Employees and Clients with Tickets to Sporting Events

Sometimes it is the little perks that encourage an employee to work harder or entice a client to choose your business over the competition. Sometimes it’s just about keeping an existing client happy or giving your employees something to work towards at the end of a long work week. Presenting tickets to a sporting event is a great way to boost morale among employees or impress that out-of-town client who happens to be coming to visit when his or her favorite team is visiting for a game.

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Ways to Get More Walk-in Traffic for Your Business

Even if you’re in a great location with tons of foot-traffic, you may find that you have trouble getting passers-by to stop in and check out your store.  And if you’re in a location that doesn’t get much traffic of any variety, you’ll be even worse off.  While you could spend a ton of money putting up billboards and purchasing ads on TV and radio, there are better ways to get a buzz going so that people seek out your store.  Here are just a few ways to go about increasing your walk-ins.

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Innovative Ways To Promote Your Travel Company

The internet is a huge place now, and for a business to ignore it is potential suicide. From 2005 to 2010 the amount of web pages doubled, and it’s predicted that by 2015 it will be 8 times what it is now. It can represent a huge market, far bigger than any footfall you would get to a shop, so your online presence needs to be attractive in order to convert customers.

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What Type of Employee Benefits Should a Small Business Offer?

Most large companies offer benefits not because they are required to, but because they want to be competitive.  If you know anything about health insurance then you are probably well aware of the expense of having it (especially if you’re paying for it on your own).  But when it comes to health benefits offered by an employer, you must realize that the reason you pay less is because your employer is paying the lion’s share for your coverage.  However, many small businesses cannot afford this added expense (they can barely afford your salary).  Unfortunately, that could mean they don’t exactly have the pick of the litter when it comes to hiring.  So how far should a struggling company go when offering benefits in order to keep current employees happy and attract new applicants?  Here are just a few benefits that small businesses can feel good about providing.

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How to Negotiate a Salary with a New Employee

You have posted a position, conducted interviews and found the perfect candidate. Now this person is asking for a higher salary than what you offered. Negotiating a salary with a new employee does not need to be a dreaded task. Armed with the right tools and knowledge, you can gain the upper hand in salary negotiations.

What should you know before extending an offer?

Know your limits.

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Utilizing Local Colleges for Interns and Employees

There are many ways to keep the employees you already have.  You can give them promotions and raises, engage in team-building exercises, and offer benefits like medical insurance, paid vacation, sick leave, and ongoing education (in the form of educational assistance or even seminars and home tutors but keep the home tuition in mind).  But no matter how many incentives you give employees, eventually they will move on, leaving you with the unfortunate task of hiring someone new.  Even worse, you may have all the employees you can afford without the ability to meet your business obligations.  Whatever your staffing woes, local colleges could offer a solution.  They can provide qualified individuals that may be interested in hiring on with your company or even participating in an internship.  So if you’re thinking that you need some help, paid or otherwise, here are just a few good reasons to set up a partnership with a local college in order to expand your pool of applicants.

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How to Boost Employee Morale

The truth about small businesses is that they generally operate on a much smaller budget than larger competitors, meaning that employees have to take on multiple roles (rather than filling a set position) and they often receive less in the way of rewards and other considerations for a job well done.  This can often provide for a rather demoralizing work environment.  However, it is your job, as their employer, to keep morale high and ensure that their efforts on behalf of your business do not go unappreciated.  If you find that your employees seem to be suffering from a perpetual case of “the Mondays”, here are a few ways to help them perk up and get the overall attitude of the office back on track.

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