Pros and Cons: Offering Employees Stock Options
Jun08

Pros and Cons: Offering Employees Stock Options

To attract the best employees, you need to have a competitive compensation package. In addition to solid salaries, healthcare benefits and retirement funds, your employees may also expect stock options. As a way to get the employees invested in the future of the company, stock options are a worthwhile offering for both employees and employers. But stock options aren’t always a great idea. Because there is a risk attached to investing...

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3 Tips for Setting Time-Off Policies
Jun05

3 Tips for Setting Time-Off Policies

Paid time-off is one of the most important benefits to many employees. Having a great vacation package can help you stand out from competitors and attract better talent. But as a business owner, you need to get smart about the time-off policies you set. When you need to pay the salary of an employee for a day they’re not in the office, consider how that may influence your bottom line. Think about times when multiple employees may want...

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Team Building: How to Overcome Cultural Barriers
May03

Team Building: How to Overcome Cultural Barriers

Building a team that understands and respects each other and works well together is essential for the success of a business. As workplaces become more diverse and technology allows us to more easily communicate with people around the world, cultural differences may become more apparent. Cultural and language barriers can lead to miscommunication and, sometimes, disagreements and hurt feelings. At times, one party might not even know...

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