Business and Money Tips

Due to labour shortage, most companies are like beggars when it comes to hiring people. Because there is so much work to do, and because you have a limited budget, you are quite happy to take anyone who is willing to work with you. The hope is that let’s just go ahead and get him on the team, and we’ll teach him on the job. However, having the wrong person in that role can be far more expensive! You may not even realise he is a misfit, because your employee will always have a ready excuse for why he has failed to deliver as promised. He will blame the limited budget or the competition, but when you finally do figure out that he is the wrong person for the job, you are reluctant to fire him, because terminating someone is very hard to do. No one likes unpleasantness and therefore you try to put it off. You hope that with training and guidance he will improve, but when this doesn’t happen, you are in a quandary. Your first response is to try to push him into an alternative role – one w...

(Note: You can take advantage of $500 Training Credit now, not 2016, details at  here ) It's every manager or leader's dream to find the right staff to work for them so that they achieve more with less time.  There are 5 steps to getting the right people each and every time: Look for People that Have the Potential to Do Better Than What They Are Doing Now.  This means you cannot be looking for high flyers who are now having a very successful career.  You are looking for the hidden gems: people who are good but do not have a good career right now.   Offer them a salary that's higher than what they asked for.  This will lock in their interest and commitment in you.  Also offer increase in salary after probation or upon completion of certain Key Performance Indicators (KPIs) Be Generous in Your Incentives .  Offer 3-tiers of incentives: high rewards for achievement of 'impossible' targets, rewards for achievement of mutually agreed targets ...