In business, not all employees are created equal.
One of the most important functions of any human resources department is keeping up with employment law and adjusting office protocols to work within it. Each of the company's employees is a human being who is entitled to all the protections the law provides. Any mistakes in the adding of hours or handling of medical insurance information, for instance, could severely injure an employee.
It's hard to know how to prevent employee burnout in a way that's best for your organization, but employee happiness is worth trying to the tune of a 12% increase in productivity. That's a major boost to your company's revenues, and it all starts with the team leading your employees.
How much are you missing out on business by not following SaaS pricing best practices? What could your revenues be if you were hitting your target market instead of struggling with a strategy of lowest-bidder SaaS pricing?
Orbital Shift wants you to be successful, and that means understanding what is costing your business and reducing those expenses to best price your SaaS options. You know that value is more important to your customer than the cheapest option, because it's the same way you run your business.
Update (2/13/18): Check out our new article for more advice on leadership skills and effective communication that help boost labor productivity.
Behind every prosperous business is a team of motivated employees that value the success of the company. Employee happiness is an incredibly important measure of a company's success, in fact, 36% of employees said that they would willingly give up $5,000 a year in salary if it meant they would be happier at work.
Plus, happy employees are more productive. A recent study even found that happiness resulted in a 12% increase in productivity at work.
Patient Protection and Affordable Care Act (PPACA), commonly known as Obamacare or the Affordable Care Act (ACA) is health care reform legislation. It consists of the Patient Protection Act, the Affordable Health Care for America Act, the Student Aid and Fiscal Responsibility Act and parts of the Health Care and Education Reconciliation Act, as well as amendments made to existing laws and regulations.
In the service industry, there are many different tactics and techniques that can be utilized to increase employees' tips. This topic stirs memories of a Seinfeld episode, where Jerry is more aware of a tipping tactic than his fellow booth patron George, who easily falls victim to a well-timed compliment.
Investing in technology is a big concern for small businesses.
We'll be the first to admit it: Employee time tracking software isn't the first thing most businesses think of when they’re trying to cut costs or improve revenue. Changing suppliers, adjusting your supply chain and new product releases are all more common places to start.
Companies that pay some or all of their employees by the hour have the option to keep track of time worked in 1, 5, 10 or 15-minute increments. But what is the best way to handle those “in-between” situations where workers clock in or out somewhere within the predetermined interval
According to the Fair Labor Standards Act (FLSA), employers may institute a practice known as time rounding, where times are rounded up or down to the nearest increment. For instance, if a company uses 10-minute increments and an employee works 33 minutes, the employer can round the time down to 30 minutes. However, if the employee worked 38 minutes, the employer must round up to 40 minutes.
Employee scheduling and time tracking can be burdensome processes. However, the failure to manage either one effectively can result in a substantial waste of money for any company. And the larger the size of your organization and the more employees you have to manage, the bigger the headache that scheduling time tracking become.