Posted on August 28, 2015October 23, 2017Categories Employee Retention, Employee Turnover, General, Human Resources, Operating Expenses/Costs, Strategic Planning, UncategorizedTags , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

More Wage Pressure Could Be On The Horizon!

  In a proposed plan by the White House, more exempt employees will be eligible for overtime compensation. Not long ago I wrote a piece on the impact of increasing wages through both higher minimum wages and entry level wages in Is Your Business Prepared for the $15-An-Hour Entry Level Worker? Now, you should not only consider the impact of rising wages for hourly workers, but also potential wage impacts related to exempt employees. The proposed plan by the White … Continue reading “More Wage Pressure Could Be On The Horizon!”

Posted on January 13, 2015Categories Employee Retention, Employee Turnover, General, Human Resources, Operating Expenses/Costs, UncategorizedTags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 4 Comments on 10 Critical Steps to Increase Employee Retention

10 Critical Steps to Increase Employee Retention

  Employee retention is an area most businesses can improve on. In the heat of the moment with deadlines, phones ringing, and customers that need servicing, this is one area where short cuts are often taken. With the average entry level worker costing approximately $7,500 to turnover and executives reaching 200% of their yearly salary and some technical workers up to 400% of their yearly salary, this shortcut can be a costly proposition. Thought we’d start the year off with … Continue reading “10 Critical Steps to Increase Employee Retention”

Posted on September 30, 2014Categories Customer Service, Marketing Senior Housing, Operating Expenses/Costs, Senior Consumer Finances, Strategic Planning, UncategorizedTags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Conduct a S.W.O.T. Analysis Before You Need a S.W.A.T. Team!

  You have the ability to take your business wherever you can imagine. The first step in any journey is planning. The old mantra goes, plan your work and work your plan. Those are great keys to success. Develop a plan and then focus and stick to it. Not that it won’t need tweaking and adjusting along the way, but as long as you can stay focused and true to your mission and goals, you can accomplish anything in life … Continue reading “Conduct a S.W.O.T. Analysis Before You Need a S.W.A.T. Team!”

Posted on September 26, 2014Categories Customer Service, General, Human Resources, Marketing Senior Housing, Operating Expenses/Costs, Strategic Planning, UncategorizedTags , , , , , , , , , , , , , , , , , , , , , , , , ,

The Elusive Balance of Life and Business

  If you’re like me you’re constantly searching for the optimal balance in life. I do a lot of reading and try to find tips and pointers that work for me. I think one point to stress at the outset is there are many great ideas and theories available, but you have to study and incorporate the ones that are right for you and your situation. The key to balance will be somewhat different for everyone and will change from … Continue reading “The Elusive Balance of Life and Business”