Business Management

An employee's paycheck often includes different types of pay, such as regular, overtime and benefit--vacation, sick and personal days. At least once or twice during the year, many employers do a...

We would love to say that all of our employees are great all the time, that they never do wrong, and that we couldn't live without them. But, let's be honest, there are times when they just plain...

Life insurance can be an extremely powerful tool that businesses can use to protect against the loss of a valuable employee or executive. In many companies, especially small businesses, the death...

Firing people is always challenging. It's so difficult to do it well, especially now, in a time where people will do anything to keep their job and firing them doesn't always has to do with their...

Employees often know workplace needs intimately and can make valuable suggestions about personnel needs. A new hire is a serious and costly investment for a company and is not undertaken without a...

A checking account is a necessary tool for the day to day operation of any business. Although many alternative forms of payment now exist, such as credit cards and online bill pay, sometimes a...

Keeping employees challenged and motivated is one of the biggest challenges for managers, and it is important for companies to put a solid employee development plan into place. By developing a...

Professionalism encompasses both attitudes and behavior. Characteristics associated with professionalism include attitude, conduct, responsibility and competency. When creating a professional code...

FUTA, or the Federal Unemployment Tax Act, requires that employers pay a certain amount of tax per employee toward Unemployment Tax. This money then goes toward state unemployment systems. In...

The government mandates that all employees pay taxes. The employer is responsible for deducting these taxes from the employees' gross wages. A delay in paying these taxes can result in hefty fines...

Employee healthcare costs are a significant expense on every employer’s profit- that’s why it literally pays to have healthy employees. Here’s how to reduce employee healthcare costs in your office.

Terminating an underperforming worker is never an easy thing to do, but there are times when those poor performers need to be eliminated from the workforce. A bad employee puts an undue burden on...

In the days of SaaS applications, Excel spreadsheets, paper timecards, and clunky timeclocks are obsolete. The new online software applications not only keep track of our employee's comings and...

Entrepreneurs enjoy operating laundromats because the businesses generate rather consistent revenues. People who do not have washers and dryers at home or who cannot afford to repair their...

Making safety an ongoing topic in a company newsletter illustrates its importance, shows leadership commitment and arms employees with information to support and drive company safety efforts....

Employees working in the food industry can suffer from injuries, illnesses and deaths like any other workplace. Therefore food industry employees receive special instructions and training on how...

An effective performance management program provides a set of guidelines and standards that aim to achieve the employee performance goals of your organization. Performance management also strives...

A corrective action form is a useful tool for any human resources department. A corrective action form allows an employer to document an employees workplace offenses, as well as lay a clear plan...

Performance appraisals are a management-evaluation process that provides feedback on employee performance. This evaluation and documentation of employee performance provides a basis for merit...

Labor laws protect employees from discrimination and harassment, while ensuring they are paid a fair wage and compensated for overtime, have a safe working environment and protection for their...

All managers inevitably face the difficult and often unpleasant task of correcting an underperforming employee. According to the U.S. Office of Personnel Management, effective communication is the...

When evaluating a difficult employee, you will need a file containing all the documentation of your employee's performance. Discover how to best evaluate your employee with tips from a career...

Writing up an employee can be just as difficult as firing one. It's something that's extremely hard to do, but if you want to not get yourself in trouble with YOUR boss, you must do it. In this...

Employees expect to be paid for their hours worked in a timely and accurate manner. It is therefore important for employers and/or payroll practitioners to know how to compute employees' time so...

Job evaluation is the systematic process of ranking jobs within an organization based on the responsibilities and tasks required by the position.

Finding the right manager for your restaurant is key to the success of your business. Determine if someone is the best fit for your organization by knowing exactly what you need and asking...

To be able to operate with consistency, it is essential for any business to establish the systems and procedures it will use in its operations; doing so provides many benefits. Aside from the fact...

Employee performance evaluations began to occur around the time of World War II in response to the employee-driven zeitgeist of the time. Their original purpose was to consider salary and wage...

An employer with hourly workers generally requires employees to complete timecards stating their hours worked each week. The payroll staff is responsible for calculating the hours reflected on...

Ask any manager if they like doing annual reviews or performance evaluations and the answer will almost always be "no." They can be time consuming to write and delivering the evaluation can be...

If you are having a hard time finding qualified prospective employees, this article is for you. This article will show you how to recruit and screen prospective employees. I will show you how to...

Negotiations are important in business, personal relationships and conflict resolution. Some negotiations bring an end to conflicts, while other negotiations help parties strike deals in which...

Noncompete agreements are contracts entered into by employers with their employees, which prevent employees from using proprietary business data when switching jobs to a competitor. Noncompete...

Most businesses maintain a petty cash account, in which a certain amount of money is stored for minimal expenditures that require immediate reimbursement. According to the Business Owner's...

Successful nightclub businesses attract customers from multiple segments and provide a safe environment that encourages repeat business. Whether you have a nightclub that caters to teenagers,...

Evaluating employee job performance is one of the most important tasks in any manager’s job. Fairly evaluating employees means seeing the positive and negative in all, while ensuring that you...

Unless you plan to run your business by yourself or with one or more partner(s), you will have to manage employees. And trust me, if your business grows you will need employees and then it will...

The balanced scorecard methodology has evolved since the early 1990s as a means of assessing overall business performance. It incorporates measures not only of financial results but also of...

No one likes to be told she is doing things wrong. However, this is often a significant issue that comes up during performance appraisals. By using certain phrases, a manager can reduce the...

A good employment contract is beneficial to both the employee and the employer. It spells out the rights and obligations of each party, protects the job security of the employee and protects the...

In running a business, you learn that your most valuable asset is your staff. Employee motivation and training is a high-volume industry as companies realize their staff's job performance directly...

The key purpose of a performance appraisal is to objectively measure what an employee does at work. A successful performance appraisal measures an employee's value to an organization and provides...

Performance evaluations are meant to be an objective assessment of an employee's work performance based on established criteria. They act as an official record of performance and can establish the...

Business policies and procedures are the foundations of a well-functioning business. Policies encompass the principles your business adheres to, while procedures are the specific steps taken to...

Whether your business owns or leases its vehicles, the Internal Revenue Service allows you to deduct the associated expenses from your business income. Any deduction helps to decrease your taxable...

Poor inventory control can be the result of many problems and bad practices. Customer and employee theft can reduce inventory without leaving a record. Lax policies and paperwork procedures can...

Expense reports track an employee's monies used while conducting business. An expense sheet lists an employee's itemized purchases as well as what category the purchase falls into (such as hotel,...

Behavior modification techniques in the business environment are concerned with guiding, encouraging and manipulating an employee's behavior to better accommodate the business's main objective....

A policies and procedures manual is a book that describes in detail policies, or rules, and procedures that identify the course of action to be taken to address a policy issue. An example of a...

Business management methodologies such as Six Sigma and Total Quality Management (TQM) focus on understanding and improving processes. By focusing on process management and improvement, business...