FINANCIAL WISDOM

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Human Resources

Human Resources
  • Providing an Employee Benefit Program - Your total compensation plan must serve to attract, retain and motivate your employees. While wages and retirement plans may be the largest components of your plan, other options can be very important to employees and often inexpensive for the company.
  • Creating and Using an Employee Benefits Policy - Hiring, retaining and motivating qualified employees is one of the greatest tasks facing many small businesses. Learn what to consider as part of an employee benefits policy and how to maximize its effectiveness.
  • Employing a Family Member in Your Business - There are benefits of having a spouse, child or other relative as an employee. Learn some of these benefits (and potential pitfalls) of hiring a family member.
  • Evaluating Your Employees - While performance evaluations are seldom looked forward to, they can be a critical and valuable step in effectively managing your business.
  • Interviewing Job Applicants - Good employees are critical for the success of any business. Asking the right questions during a job interview can help you make the right employee decisions.
  • The Importance of Job Descriptions - Giving employees an understanding of what is expected will help them perform better. It can also help in the evaluation, promotion or termination of the employee.
  • Motivating and Managing Employees - Making sure your employees are properly carrying out their roles is critical for the success of your business. Here are some ideas that can make that process easier and more effective.
  • Terminating Employees - No matter how carefully you hire employees, there will be a time when you must terminate an employee. If you do it carefully, you can reduce the risk of any legal action and maybe learn something that will help in running your business.
  • Make Work Life More Productive - Some people truly enjoy their jobs and accomplish a great deal. Others do not. This article explores some ways to help employees feel better about their job and be more productive. There may even be some tips the business manager can use.
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