Should You Be Paying Bonuses to Your Staff?

A bonus is a payment that’s in addition to an employee’s salary. There are various types of bonus arrangements. Most common is merit-based — an individual earns a bonus based on performance. Sometimes, though, an incentive is based on how well the company is doing or a combination of the individual’s and the firm’s achievements. Bonuses usually depend on certain …

Navigating Office Romances

Here are 10 reasons office romance can be risky at best: It very possibly will affect work performance. While dating, these employees will be distracted because they’ll see each other all the time. After the breakup, you’ll experience sad and heartbroken staffers who are reminded of their pain every day. If it ends badly, it can be very awkward and …

How to Approach Paid Time Off

Time-off benefits can be a very valuable part of any employee benefit package. While employers aren’t legally required by federal law to give employees days off for federal or state holidays, it’s a smart way to retain employees and to provide job satisfaction. (There may be state laws that affect time off, however–check local laws.) Employers can specify which holidays …

Providing Real Management for a Virtual Office

The virtual office model means employees aren’t housed in one site — they’re probably working out of their own homes or in rented office spaces across the country or even all over the world. Thanks to conferencing technology, including programs like Skype, and screen-sharing technologies like Join.me, virtual offices can approximate traditional setups. And the cost of this equipment is …

New DOL Rule is Gone for Good

In 2016, the Department of Labor decided to radically raise the minimum salary for overtime consideration. But at the last minute a federal judge temporarily blocked it. Everyone waited to see what would happen: would there be a new ruling? Would the DOL appeal? On August 31, U.S. District Judge Amos Mazzant made that temporary ruling permanent, granting summary judgment …

How Much of a Raise Should You Give?

If you run a business with employees, you have at some point wondered how you should compensate them for good work. It’s actually a much trickier task than people realize. You have to take into account employee morale, employee performance and market averages. To get a fuller picture of how to fairly distribute raises to your employees, keep reading. Market …