Pay equity supports equal pay for equal work—typically between genders. Organizations are getting serious about managing pay equity for three reasons: first, to improve their employment brand and results by attracting diverse talent; second, to comply with labor laws like the Equal Pay Act; and finally, because it’s the right thing to do. Here are…
How to Run Effective Meetings in 10 Steps [+ Free Template]
![How to Run Effective Meetings in 10 Steps [+ Free Template]](https://fitsmallbusiness.com/wp-content/uploads/2018/09/How-to-Run-Effective-Meetings-in-10-Steps-300x200.png)
Effective meetings are important to your business to ensure that employees are aligned with your expectations and working efficiently. To run an effective meeting, you’ll need to plan ahead, know what you want to achieve, and create an agenda. Here are the steps to take to ensure effective meetings. These are broken down and grouped…
Employee Evaluation Forms [+Free Performance Review Templates]
An employee evaluation form streamlines your performance management process by giving you a baseline to start from. No one type of employee evaluation form is best for every business—factors like your industry, employment type, job level, and preferred rating scales should all be taken into account. To help, we’ve assembled a customizable template you can…
28 Free and Paid Punch Card Templates & Examples
A loyalty program is a popular marketing strategy that encourages your customers to continue buying your products or using your service. Designing your punch cards using elements that align with your industry or brand will help your customers quickly remember them, better encouraging its use by keeping it front of mind. We curated a list…
Performance Management Process: Definition, Cost & Software
Performance management is the process of motivating employees to maximize their potential. Employees need ongoing feedback, overperformers need to be engaged and underperformers need a clear improvement plan. We’ll describe performance management from end-to-end with a focus on the processes and tools that work best for small business. A project management tool can give you…
Employee Theft — Types, Why It Occurs & 7 Steps to Prevent It
Employee theft is the stealing of goods, money or time by the people who work for you, such as employees or contractors. To prevent employee theft, you need to identify how your business is vulnerable to it. You can then create policies, processes and monitoring systems to reduce or prevent employee theft. Here are seven…
Top 25 Workplace Conflict Resolution Strategies from the Pros
A study commissioned by CPP, best known for their Myers-Briggs assessment, revealed that employees in the United States spend 2.8 hours each week dealing with conflict. This translates to approximately $359 billion worth of unproductive hours, so no matter the size of your business, this loss can significantly impact your bottom line. To help prepare for…
26 Tips to Encourage Strong Work Ethic
A person’s work ethic is directly correlated with their productivity and is best developed through guidance and encouragement. But sometimes identifying the values we want to emphasize becomes difficult if we don’t have a clear set of goals.We asked experts to share their most valuable tips in successfully promoting strong work ethic to their employees….
Floating Holiday: Definition & How to Implement Your Policy
A floating holiday is a paid time-off benefit employers can offer to provide flexibility to their staff. It gives employees an option to choose time off for a non-standard holiday—one the company might not otherwise pay for. Floating holidays improve morale by offering flexibility and support diversity by letting employees choose which holidays to spend…
25 Core Value Statements from Top Organizations
Core values define what’s important to your business and govern how you conduct it. As part of building your brand, it’s critical to identify and communicate your company’s core values to attract customers and motivate employees. We’ve provided a list of 25 core values from top-performing organizations that will resonate with customers and staff alike….
Employment Probation Period: Definition, Template & How to Implement
An employment probation period, referred to as a probationary period, is a time frame used to determine whether a new hire will work out. If set up incorrectly, however, a probationary period can violate labor laws and employer rights. For instance, some states make it illegal to postpone sick leave until after the probation period….
5 Best HR Outsourcing Options for Small Businesses
HR outsourcing lets small businesses delegate employee management tasks, such as benefits administration, payroll, recruiting, or training, to a professional HR firm instead of hiring internal HR staff. We looked at five common options—an HR consultant, HR firm, HR software, HR service provider, and a professional employer organization (PEO)—that cover the range of options for…