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Boosting employee morale

Posted on May 24, 2016 by admin

Since employee morale can quickly build or hinder a business’s success, business owners increasingly need to focus on keeping employees motivated and engaged.

As low morale is often the cause of increased turnover and low productivity it pays to be proactive when it comes to managing employee satisfaction. Here are some strategies to improve employee morale and productivity in your workplace:

Celebrate achievements
Recognising and rewarding your employees for their accomplishments demonstrates your appreciation for their work. Rather than singling out people for good work, try rewarding everyone for the achievements of a few to reinforce teamwork. Celebrate your business successes with your team; employees who feel like the successes of the business are their successes also are more inclined to work hard and come up with ideas of their own.

Focus on career development
Employees are more likely to have higher job satisfaction if they know that you are invested in their career goals and provide opportunities for career advancement. Identify your employees individual career goals and commit to investing in them. Whether it is as simple as teaming them up with co-worker to learn a new skill or providing work time to study online make it happen. The end result will often lead to happy and more productive workers and a more skilled team for you.

Encourage social activities
Socialising with colleagues can form a major part of whether someone like or dislikes their job. Implementing social activities such as team building exercises, supporting a charity or setting up a social club for outside activities can go a long way to improving employee engagement.

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Types of business structures and which is best for you

Posted on September 24, 2020 by admin

An important decision to make before you start a business is what structure your business will run under. This will reflect into all facets of your business, so you should spend time understanding the implications of each structure.

Sole Proprietorship

Partnership

Company

Trust

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