Management and HR

One-Third of Those Eligible Used COBRA Subsidy

According to a study by the Treasury’s Office of Economic Policy, about a third of unemployed workers who were eligible took advantage of the COBRA subsidy to help pay for their health insurance. (more…)

New W-2 Rule Causes Confusion

Starting with W-2s issued for the year 2011, employers will be required to report the value of health insurance premiums provided for each employee. (more…)

The Next Great Wave of Innovation – Succeeding Through Turmoil

How do you see change – as a threat or an opportunity?

Our industries, our society and even our planet are in a state of flux as we struggle to come to terms with turbulent economies, dwindling resources and a changing climate. In The Sixth Wave, a book on business and innovation, authors Moody and Nogrady predict that we are on the cusp of the next great wave of change for the future. They also demonstrate that periods of change in history have always been the time when the greatest opportunities exist for the introduction of new technologies, new products and services, and for inspired ideas about whole new ways of doing things.  (more…)

Why More Businesses Are Turning To Online Training

As more people turn to the internet for news, entertainment and social interaction, online training, also known as e-learning, is being chosen by more SMEs (small to medium size enterprises) to deliver the knowledge their employees need to achieve organizational goals. With many benefits to both a business and its employees, it’s easy to understand why e-learning continues to grow in popularity. (more…)

Offsetting the Skilled Labor Deficit

More than ever before, manufacturers need a well-trained labor pool from which to draw.  But as technology advances and production techniques are enhanced, new gaps are emerging between the level of training within the labor pool and that required by various industries.  This skilled labor deficit is at least partly the result of manufacturing’s poor image as a career choice, or the “sweatshop stigma”.  (more…)

Key Skills for Entrepreneurs

What is it that makes the successful entrepreneur? What is it that drives sales and builds a business? If you think you know the answer, consider Bill Gates, arguably the world’s most famous and successful entrepreneur. If you had been in his high school class, would you have thought, “Well, obviously, this man bears the stamp of future greatness”?  Probably not. (more…)

Family Business Transition Dilemma – Who Gets The Baton?

Family business transition planning is frequently predicated on the assumption that someday the parents will be passing on the baton to one (or several) of their own children. What more satisfactory way of crowning their lifelong efforts and hard won success than to pass on the legacy to their own kin so they too can continue to enjoy and prosper from it. (more…)

Analyzing Your Company’s Performance Using Financial Ratios

Financial ratios can be helpful tools in understanding a company’s financial health. They are a benchmark by which you can compare your business to industry standards and analyze changes over time.  (more…)

All In Together – Being A Team Player

Poor relationships within the team will always reflect on morale and have been proven to impact on the bottom line. You can make or break a career or a job depending on the way you behave with fellow workers. Workplaces need to be profitable for businesses and for the people in them – and that means personally and financially. (more…)

Employing The Millennial Generation

There’s been quite a bit of talk amongst business managers and owners about the way new employees behave, largely it must be said, negative – too much entitlement, not enough loyalty, no work ethic, only interested in themselves, and so on. (more…)