What is productivity? A simple way to think of your business's productivity is in terms of: |
You should choose a convenient measure of productivity, based upon the type of operation your business is involved in and what you're producing. You'll also need to choose a time frame in which to ... |
Once you've figured out how to measure your business's productivity, you need to determine whether your productivity is where it should be. This task can be ... |
Another tell-tale sign of low morale and dissatisfied employees is high turnover. Turnover is the rate at which employees leave your business. Because employees who are satisfied with their jobs ... |
The causes of turnover are related to the same factors that contribute to absenteeism and low morale — if workers are not interested in their jobs, they ... |
While measuring turnover for large companies with many employees is usually more technical and the results more scientific, small businesses can also keep track of turnover and try to spot trends and ... |
Monetary and hidden costs associated with employee turnover are also of concern. |
If a business wants to ensure that employees remain with the business, it has to: |
Some would say that the days of loyal employees and employers are gone. There used to be an almost family-like relationship in employment, where employees and employers looked out for one another. ... |
There's no foolproof method for gaining someone's loyalty, but many of the same things that hold true in a personal relationship apply in an employment relationship, as well. The keys to a positive ... |
