Archive for December, 2018

Should You Stay or Should You Go? Tips for Small Business Owners on Building for Expansion

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This article was written by guest author, Jim McKinley of Money With Jim, retired banker providing free financial counsel.  With your small business growing by the day, there are probably signs it’s time to increase your office or workspace. An excess of happy customers, having a great team, and the need for more workspace are all valid reasons to expand. But you want to do it right and keep costs low. Keep reading for a few ideas on how to successfully expand your business and keep riding that wave of growth. To Stay or to Go.  Your first consideration is…

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The Influence of Feedback in the Workplace

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For most companies in the United States, annual performance reviews are still the norm. They assist organizations in determining compensation, employee development, promotions, and, in some cases, terminations. While many businesses feel annual reviews are necessary, they were never intended to replace on-going feedback, and studies show they leave a lot to be desired. Well, more than half of American workers feel that they are not receiving enough feedback and in this age of increasing turn-over, it’s easy to see the importance it holds. Adequate and consistent feedback can make the difference between an empowered employee and a failing employee….

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In the Face of Corporate Goliath: Be an HR Hero

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On November 13th Amazon announced it would split its second headquarters between Arlington, Virginia and Long Island City, New York. This will allow the company to pull from talent in both New York and Washington D.C., and, they suggest, limit their impact on these communities. While it is difficult to anticipate the impact of Amazon’s second headquarters, there is no doubt that bringing 50,000 jobs with an average salary of $150,000 will impact local employers. Amazon employees’ average salary is 20% higher than the national average and in cities already well above average, Amazon has promised high salaries and extensive…

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