Giving stock options to employees is quickly becoming a regular practice among top companies to help attract talent and boost employee retention. Employee stock ownership also bolsters productivity by giving employees a stake in the company’s success.
Our roles at work can change during different seasons of a company’s history — during a financial crisis, reorganization due to change of owners or leadership, introduction of new technology,
Any relationship, whether it’s between friends, family members, significant others, or business partners, is rooted in trust. Trust lets people live, work, and have fun together while feeling safe. When you trust another person, you feel secure physically and emotionally around them.
Employee burnout is a problem. It’s much more than needing a vacation or feeling worn out by a time-consuming project. Burnout is more intense. It’s a constant state of mental, emotional, and physical exhaustion caused by stress and pressure at work.
Most businesses primarily focus on customer satisfaction. Consumers are generally the major source of business profit. However, without well-equipped and fulfilled employees, we won’t be able to provide quality service to satisfy consumers. Giving importance to employee engagement can help us manage our employees effectively. With better engagement, we increase employee morale and boost employee […]
“Why should we hire you?” This is one of the most common interview questions we typically ask prospective employees. But what kind of answer do we actually expect when we throw this curveball during a screening interview?
What is social contract theory? It’s an ancient philosophical theory that a person’s moral and political obligations depend upon a contract or agreement with other individuals in society. This contract or agreement can be written in the form of laws, or it can be unspoken and agreed upon, like accepted customs or social norms.
As business owners and managers, we’re continuously challenged to find creative ways to ensure employee retention and employee engagement as freelancing and self-employment become more popular options.
Feedback works as effectively in the corporate world as it does in the universe of sports athletes. Imagine training for the Olympics without knowing how fast you performed or how high you jumped. Feedback closes the gap between how we see ourselves and how others see us.
“If you can’t measure it, you can’t improve it.” — Peter Drucker Your team’s willingness to break through tough obstacles and give their very best work each day in support of company objectives is vital to the success of your business. Especially in highly competitive markets and industries.