Increase accountability by staging a ‘crystal ball contest’ — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
January is a good month to invite your employees to predict results over the coming year. First, ask workers to project how your company will do in a key measurement (such as sales per employee or expense ratio). Have them submit their estimates in writing, along with a few sentences on how they’ll help attain the results they foresee (such as “I’ll return all calls within 24 hours” or “I’ll cut down my backlog to no more than five files”). Keep the predictions secret until year-end. Then host a party to read each entry and declare a winner for the closest projection.
The IRS is in the middle of intensive line-by-line payroll audits to ensure that your withholding procedures are 100% correct. And it's not just the IRS. The U.S. Department of Labor has been on the prowl lately for employers that slip up on the confusing retirement contribution rules....Click here to find out more.