There’s no denying that COVID-19 affected every part of the business world. From a major switch to remote working and mass closures—temporary and permanent—the effects of the pandemic were far-reaching. One area that hasn’t gone unscathed is training and development.[continue reading…]
For your business to do well you need motivated, engaged employees. Research by Gallup shows that businesses with engaged employees outperform others by 202%. In addition, the study showed that businesses in the highest quartile of employee engagement ratings outperform those in the bottom quartile in customer ratings, productivity, and profitability.[continue reading…]
Long hours, tight deadlines and increasing demands, among many other workplace stressors, can turn work into an emotional roller coaster that will inevitably affect performance and job satisfaction. Running the hamster wheel is a short-term gain.
Every sales manager knows the essential benefits of training or sales coaching. Sales coaching software can give managers and salespeople the ability to collaborate and analyse sales emails and calls. It helps in refining sales techniques, establishing best practices, and improving sales close rates. All aspiring and even experienced salespeople can benefit from sales coaching and feedback. If you are running a small business and need to improve your sales, then sales coaching software can make a difference.
Businesses often think of training as a benefit for the employee – a way to build skills and level up in their career. Sometimes this kind of thinking hinders companies, especially small ones, from offering comprehensive training and implementing training programmes. However, this narrow view only harms businesses, big and small, in the long run.
The reason why you started your business is because you want it to be an empire. Simply put, you want it to become one of the most successful enterprises around. Your dream is to dine with renowned entrepreneurs in the globe or appear in the next issue of Forbes Magazine as one of the wealthiest people in your country or the world. However, to earn all this, you need first to encourage your employees to be the best version of themselves. You need to enhance their productivity so that you cannot only make them happy but also more efficient in their jobs. But how do you do this?
Good leadership is vital regardless of the size of the business, but a medium or large business will at least have enough managerial support to mitigate the damage caused by leadership problems. A small business doesn’t have that kind of buffer. With such a small team, a lack of stable direction can have disastrous consequences.
The UK experiences shockingly low employee engagement levels, which is impacting productivity, worker morale, and staff turnover levels nationwide. Many businesses overlook this fact however both employer and employee suffer the consequences of this. Only around one-third of British employees say that they’re engaged with their work, and 66% of millennials feel they’ve chosen the wrong career.
Productivity is a key yardstick on which business efficiency is measured; the more output achieved, the more revenues and profits are likely to increase. For the most part, improving productivity revolves around having efficient, content and well-managed staff, therefore much of what is done to improve productivity is geared towards ‘people’ matters.
Investing in one’s own business comes with a high risk of not achieving the expected results. The level of competition in the UK’s market is high: since 2015, more than 500,000 start-ups have been launched every year. In the first six months of 2018, more than 300,000 new companies have been registered.
A franking machine is one of the most interesting postage devices we have out there. What makes a franking machine unique is the way it simplifies the mailing process in your business. Furthermore, a franking machine has the option of customising the company logo and business brand on letters. The one thing that makes this machine admirable is the way it reduces the high costs of posting letters.
Training is part of growth, so offering your staff training is essential to growing your business. There are a number of benefits that can come from training the workforce. But it can be challenging for small businesses to train their staff. This is mainly because small businesses will have a smaller budget compared to bigger businesses that might have a dedicated budget for staff training. However, it’s a matter of good research and using all available resources to offer training to employees. It is always possible for you to train employees, even on a small budget.
Training your staff is incredibly important, whether it’s a new employee or a manager that has been with your business for years. Members of staff need to feel like they are growing their skillset and are taking steps to progress in their career. By encouraging and implementing training in your small business environment, you will be able to retain good quality employees. Training your staff can also help you prepare for any skills gap that may become a problem due to Brexit.
According to a recent study, employee engagement across the workforce is at a historic low. Many employees cite disengagement with the work they are tasked to perform each day, due to a variety of underlying causes. It could be they are not content with their current job position, or that they do not feel completely connected with the employer on a broader scale. Regardless of the root cause, employers and their HR departments are recognising the pressing need to improve employee engagement – and fast.
HR is an important part of a business, whether you have an entire department looking after the HR of your business or just one person. It’s vital that a small business has an HR professional on board. However even when businesses have dedicated professionals to manage their HR, mistakes are still made that can be avoided. In the worst case scenario, HR mistakes can lead to a court case, with huge legal fines that can be detrimental to a business.
It may be an obvious statement but businesses need to regularly keep tabs on their expenditure. If you feel you are spending too much in certain areas then this article may help you cut business costs. QCR give you tips on how you can improve by cutting costs and lowering your expenditure.
Besides your usual marketing strategy, have you ever thought about alternative ways to drum up interest in your business? Holding a successful workshop to teach others your area of expertise could be just what you need to capture a new audience in your field, as well as meeting new people that could soon become colleagues.
The General Data Protection Regulation (GDPR) is the new regulation introduced by the European Union which will be effective as of May 2018. The idea behind the new regulation is to give the public control of their data, as well as encouraging businesses to be more proactive in protecting and handling data in a more secure way. Although, the date of the regulation going into effect is fast approaching; businesses are not prepared.