All businesses aim to create a successful product or service that will sell and meet customer expectations. This is possible when a company works diligently to validate a need in the market. However, many companies have difficulty making progress because they do not have well established KPIs to track.

Important decisions must be made to grow a business. Decisions around investments, finance, marketing, human resources, and business operations, among others.

Business metrics known as Key Performance Indicators (KPIs), help in the launch of new services and products, as well as marketing campaigns, sales, and can aid in future planning.

Numerous…

Employee incentives come in many forms, but they all serve the same purpose. Incentives help you to drive your staff to go above and beyond the call of duty. It is essential to understand what motivates people in today’s competitive environment.

You may incentivize your employees’ behavior, activities, and overall productivity in a variety of ways. Knowing how your employees want to be rewarded for their performance is a precondition for creating an employee recognition program.

For their daily accomplishments, research reveals that 54% of employees prefer a spoken “thank you,” while 31% prefer a written “thank you.” …

Employees are the core of organizations. They handle everyday tasks, schedule meetings, get work done, drive sales, fulfill orders, and keep the organization running.

For the most part, in traditional companies, the majority have no say on decisions made by executives, yet employees are the lifeline of the business.

There are a lot of instances however, in the corporate world, where employees have had enough clout to bring about phenomenal changes at the top. These employees have brought about structural changes to the way things were being done.

With gradual and consistent efforts, employees have brought about massive changes in…

Employees with unlimited paid time off (PTO) are not given a specific number of paid days off at the start of the year. Rather, they can take leaves when they need them as long as it does not disrupt the company’s operations. This gives the employee a lot of flexibility and compensates them for making good use of their time.

What are the benefits and drawbacks of unlimited PTO?

What is Unlimited PTO

Employees with unlimited PTO can take as much vacation time as they desire; however, it should not interrupt their ability to accomplish their work.

An employee is free to take leave…

It’s back to school and back to the office for many people. Parents are worried about child care. Employers often compete to attract great talent with benefits, and perks.

Employers should not overlook huge transformations in their employees’ lives, such as the birth of a child or caring for a sick child, as work and personal time become more intertwined. How can businesses support working parents to recruit and retain the best talent?

It’s a great beginning to provide family-friendly perks and policies, but it’s not enough. An on-site child care benefits program can have the most favorable impact.

Working…

The activity of rotating employees’ jobs in an organization is known as job rotation. These rotations are mostly lateral, which means they occur between jobs on the same level and are not considered promotions.

They are also frequently temporary, with employees returning to their previous jobs after a set period.

Starting a new job is exciting and can be demanding. A new job reduces monotony and promotes motivation. It is an opportunity to gain new knowledge and skills as well.

Job rotation is a well-known strategy of organizational growth, but it’s not deployed often enough in smaller organizations… this is…

Are you a perfectionist? Or do you strive for excellence?

I’m afraid you’re mistaken if you assume these are the same thing. Although they are connected, they are the opposites of the same coin. They are so opposed to one another that the only way to accomplish excellence is to not want perfection. So, let’s look at the major distinctions between the two.

Perfectionism is concerned with “doing the thing right,” with how things APPEAR and with whether others think it was done correctly.

It’s all about “doing the right thing” when it comes to excellence. It focuses on the…

Leading employees to achieve personal satisfaction in their careers is the key to becoming an organization where people want to stay for the long haul.

“Employees expect leaders to care about their career growth, in order to stay engaged.”

People usually work for companies where they see growth opportunities. If you want to keep your employees for the long run, you must try to make sure they have growth opportunities every step of the way.

This is even more important right now during what is being called “The Great Resignation” economy. People have felt stuck during the pandemic. Most of…