Volume 5, Issue 2
Creating an Effective Employee Benefit Plan
When you begin to create an employee benefit plan, you may want to start with a few core benefits, including life insurance, health insurance, and a retirement plan. These benefits form a base from which your company's benefit plan can grow and evolve in the future. Every year or two, it may be wise to consider the addition of a new benefit plan, such as dental insurance or disability income insurance. Rather than bearing the entire burden of cost, you can contribute a portion of the cost, with your employees paying the balance.
(Read the Full Story)Leading the Way to a Stronger Company
Once you attract the best and the brightest employees, the challenge is keeping them and optimizing their skills to enhance and grow your business. Competitive benefits and compensation are obvious retention tools, but what about influences that transcend the bottom line, like leadership? As a strong leader, you can define the culture of your company and enhance the commitment, morale, and performance of your staff.
(Read the Full Story)Mentoring Programs for Employee Enrichment
In many organizations, mentors can be an invaluable asset for learning and growth. They serve the interests of the company by educating new hires about company culture and policies, enhancing lines of communication, and working to fulfill the firm's goals. New employees gain personalized training and the opportunity to learn from the mentor's experience. In particular, recent college graduates often lack practical experience and need guidance to meet the daily demands of a business. If you are considering a mentoring program, keep these points in mind:
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