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5 ways to improve employee motivation & productivity with e-learning

One of the major reasons why people leave their jobs or feel unsatisfied with their current work position is routine. Doing the same thing every day, even if you're good at it, can kill productivity and leaves the person behind the job feeling stuck. Another reason behind the work routine is micromanagement. When you don't trust your employees with empowering tasks, you take away from their confidence. In time, this leads to boredom, a no-creativity work environment and finally, low productivity...
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5 signs it's time to outsource accounting

Taking care of your startup's accounting functions in-house can not only be a headache but a time-consuming task that eats up a lot of your resources. Whether it's payroll, accounts payable, accounts receivable, credit card reconciliation, inventory and budget reports, bank reconciliation, or payroll reconciliation, accounting can often be too much for the small startup to handle. How do you know you need help? Here are five signs it's time to outsource accounting. #1: You have no time left for ...
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Why your startup needs an employee handbook

An employee handbook is vital to the success of your startup. But, perhaps you're wondering why your startup needs an employee handbook and when it's appropriate to create one. Two of the simplest reasons you need one are for the creation of processes and policies and to facilitate benefits administration. Let's look at these reasons as well as a few others, but first, let's discuss when you need one.  When do you need a handbook? While there's no one-size-fits-all answer, it's the best pra...
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Digitalization: the path to employee engagement

The Robots are Here: Good news – for employees While robots which vacuum the carpet, mow the lawn or deliver lunch are cute time savers, their possible entry into the workplace can be scary. Employees who have spent years performing a routine task can be threatened by the idea of technology taking over their job. People in customer facing roles (cashiers, bank tellers, check-in agents) may argue that use of self service or remote interfaces 'dehumanizes' the company. Business leaders today know ...
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Does your startup need cyber liability insurance?

As a startup, you know you need general liability insurance, property insurance, and workers compensation insurance, but have you ever considered cyber liability insurance? What is cyber liability insurance Cyber insurance generally covers your startup's liability for a data breach that can involve private, sensitive customer information such as social security numbers, credit card numbers, account numbers, addresses, health records and driver's license numbers. When hackers gain this informatio...
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Commuting benefits companies need to offer in 2019

Americans' commutes are getting worse every year and employees are starting to weigh their options. With the high price and stress of long commutes, much of the workforce is willing to take pay-cuts just to avoid an added 20 minutes to their trip home from work. The focus on a healthier commute is leading to talented workers choosing jobs that allow them flexibility and reimbursements when it comes to their commute and employers need to take notice if they want to retain those high value workers...
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5 employee benefits small companies can offer new employees

Your startup is in its early stages, or perhaps you've been in business for a while, and you're ready to hire employees. Have you thought about how you'll hire the best ones? The most beneficial thing for your startup and your employees is to offer a healthy benefits package. In this article, we look at five employee benefits small companies can offer new employees, but first let's look at why you should offer benefits at all.  The reasons you should offer benefits Yes, offering perks to yo...
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5 tips for startups making their first few hires

Did you know that the number three reason startups fail is they were unsuccessful hiring the right team in the beginning? Because of this, we want to look at what you should do and look for when putting together your new company's team. Let's look at five tips for startups making their first few hires.  Tip #1: Hire early If you can afford it, begin hiring your staff as soon as you need them. While the budget might be tight at first, you'll benefit from having extra brainpower in your early...
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Bad habits at work

Whether you're new to the workforce or a seasoned professional, everyone has some bad habits that get in the way of living up to your fullest potential. If you feel like you're not working productively and struggling with your motivation, you probably have a few routines that are dragging you down. The key to eliminating your bad habits is not setting out to erase them, but to replace them. If you're guilty of checking your email too often to see what needs to be done next, replace that habit by...
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Benefits of outsourcing payroll for startups

Did you know that business consultants often recommend outsourcing non-core functions? A non-core function is one that isn't part of your profit center. It's something you don't charge your customers for. While a non-core function is often essential to your successful operation, it isn't what sets you apart from the competition, so it can be outsourced. It's also of the utmost importance to your staff. Payroll is a non-core function and one you should certainly think about outsourcing. To help y...
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Creating an effective onboarding process for startups

The typical large company has an employee on-boarding process that works and is a natural part of their system, but there's no reason your startup can't follow the same game plan. In this article, we will look at creating an effective on-boarding process for startups. This is very important to emerging businesses as it not only gets everyone started on the right foot, but it sets the tone for your company culture. Onboarding provides your employees with training, direction and guidelines. Withou...
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Could billionaires end society's biggest challenges?

Citizens around the globe are facing a myriad of complex challenges that feel almost impossible to solve. Problems like rising real estate costs, the extraordinarily high cost of healthcare, and rapidly increasing credit card debt feel inescapable due to both the critical thinking and the collective capital needed to solve these challenges. At the same time, the very richest in our society continue to accumulate wealth at record pace — for reference, Warren Buffett makes roughly $37 million a da...
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The pros and cons of using a PEO company

As a young startup or a small company, you might find dealing with health benefits and retirement benefits is a time-consuming task that isn't easy for you or your staff. This is why small companies often choose to work with Professional Employer Organizations (PEOs). This gives your employees access to better benefits and more human resources services than you might otherwise be able to provide. What is a PEO company? A professional employer organization (PEO) is a firm you can hire to provide ...
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8 reasons you need a CFO

According to Inc, one of the most common reasons startups fail is a lack of cash. This where a chief financial officer (CFO) can really help you by staying on top of your finances, knowing what you need to succeed as well as when it's time to raise some more funds. Let's look at eight reasons why you need a CFO for your startup. The definition of a Chief Financial Officer Some businesses will choose to hire a CFO on staff, while others will decide to outsource this position. Either way, a CFO wi...
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Outsourcing HR for start ups

Outsourcing is the secret weapon for startups. It's part of an effective business model, and one that can help you succeed. While there are several areas in which you might find outsourcing beneficial, let's look at outsourcing HR as this is one area where it's definitely a good idea. You already know that growing your startup is an exciting time as well as one that leaves you wearing many hats. The good news is that with outsourcing, you don't have to do everything. When you outsource your HR, ...
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