Small businesses equate for a large number of jobs within the USA. They run the economy and define the perception of millions of workers towards the economy. In the US alone, there are 27 million estimated small businesses running currently. These 27 million small businesses employ over 60 million workers. These workers have a diverse background and expect benefits of different sorts. […]
In the third quarter of 2018 the US economy grew by 3.5 percent, a major contributor of which was the real estate industry, which has itself grown considerably and continues to grow. The bottom line is that the real estate is going to be in some real trouble given it does not pump in new employees into its ranks. […]
It is part of an employee’s job to make multiple decisions while working—most of these decisions are related to matters of the business, but there are some which are more personal to the employees. Decisions, the likes of which concern employee benefit programs. While there are studies which prove how important employee benefits programs are, there is little thought given to how well the phenomenon is actually explained to the employees. […]
A business, a firm, a company—or a workplace of any sort, does not and cannot exist in a void. They might self identify as sovereign authoritarian monoliths, but the truth is that they’re a heterogeneous edifice: constructed, existing, and functioning because they have under their wings a team of people working for them. […]
To appear more attractive to a highly-competitive labor market, you may want to consider voluntary benefits. This can give you a competitive edge in the market and help recruit the best candidates.
Some employees look for flexibility and adaptability in an employee benefit program. They want control over perks and benefits, and spend their income on benefits they believe are useful. […]
In today’s competitive business environment, it’s imperative for employers to undertake adequate measures to attract and retain top talent and achieve their business targets. Companies are now placing increasing emphasis on providing employee benefits to their staff. […]
It’s important for companies to provide their employees with added benefits to keep them motivated and productive.
However, when these benefits are just gimmicks they fail to trigger the sort of response managers hope for and can be a waste of time and money. They leave employees questioning whether or not their hard work is actually appreciated. […]
Workplace demographics has experienced a shift in paradigm, which has made communication a big challenge for employers. Companies can’t rely on traditional channels of communication; they’re dealing with 4 different generations.
Passing out brochures or sending mass emails might not be an effective communication strategy to reach out to the younger workforce. You’re dealing with text-savvy and digitally-connected generations (Millennials or Generation Z).
Here is how you can communicate employee benefits program via social media platforms. […]
Just ask any Baby Boomer and they’ll tell you that Millennials are the worst generation to exist!
After all, they’re the ones responsible for killing the 9 to 5, 40-hour work week, the real estate industry and even diamonds!
But the most misunderstood generation of our time is reeling from the aftereffects of severe inflation, global change and crushing student loans debts and perhaps it is no wonder that their interests have changed! […]
Do your employees dread coming into work every day? Has office laughter become a distant memory? These are signs that your employees could use a morale boost.
Low morale can lead to a decline in productivity, poor employee cooperation, and an increased turnover rate. This can ultimately hinder a business from achieving its goals.