Merchandise motivates sales staff more than cash because it offers "trophy value," a constant reminder of the achievement, says a new Incentive Federation survey of executives from small and large businesses.
Leaders & Managers
From the nitty gritty of daily management to addressing your aspirations of leadership, this section for leaders & managers tells you how to make strong leadership decisions, build effective teams, delegate and stay above the everyday management muddle.
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"That's the last straw. You're fired."
You may have said those words yourself, but unless you've correctly documented the fired employee's "earlier straws," you may be opening up yourself for a lawsuit.
For many U.S. taxpayers, "March Mad-ness" has nothing to do with college basketball. It's all about dashing around gathering receipts, filling out forms, meeting with your tax guru and hoping you'll emerge victorious in the 1040 game.
This year is a good time to review your overall safety program, especially if your accident and injury rates haven't dropped in recent years.
Manufacturing companies welcomed news last month that the U.S. Office of Management and Budget (OMB) plans to thoroughly review and modernize the rules that regulate manufacturing.
Rather than training employees on 'soft skills,' it's best to hire people who already exhibit them. But determining an applicant's soft skills—such as personal accountability and a strong work ethic—is an inexact science.
Ask people who report to you to identify the greatest frustrations they face on the job.
You can reach difficult decisions up to 20 percent faster when standing instead of sitting, says research from the University of California.
Reason: Your competitors are shortening the length of time that new employees are eligible to participate in the 401(k) plan.