Are CEOs opposed to taking time off from their jobs — even it means reduced productivity and executive burnout?
The vast majority of American employees, CEOs included, work longer than what was once regarded as a “typical” work week. As much as 85.8 percent of males and 66.5 percent of females put in more than 40 hours a week (many chief executives work much longer than that each week).
Why do 10% of people hold 80% of wealth? The answer is that successful entrepreneurs know the rules to become a Key Person of Influence (KPI). That’s according to Daniel Priestly, an entrepreneur and best-selling business author.
Posted on 25th September 2014 in How To Guides.
Most business will go through times when some staff are less than fully engaged. It could be after the summer holidays, starting back in January or maybe when a colleague has moved on or a client has been lost. This drop in motivation and engagement isn’t always long-lasting and doesn’t always have a major impact on your business. But it can. Lack of engagement can be contagious in business and it makes for an unenjoyable and frustrating experience and reflects badly on the business.
Summer is over with several employees returning after the holiday season. Many will feel refreshed and re-energised whilst others may have the holiday blues. So how do you ensure team spirits remain high and staff stay motivated as we move into Autumn?
All businesses owners need to keep financial records but the software they use to do so shouldn’t make it a chore. Traditional desktop accounting software can be expensive, complicated and has become antiquated with recent developments in technology. It’s often tedious to use and can take the fun out of running your own business.
Let’s face it, owning a small business is exciting but doing accounting isn’t. It’s important to have a solid understanding of your company’s cashflow but a lot of work is needed to get there. Traditional accounting software requires a great deal of data entry, making busy small business owners feel like they are neglecting other responsibilities by spending hours chained to to their desktop.
Automatic enrolment, or auto-enrolment for short, is an issue that SMEs ignore at their peril.
In an effort to encourage workers to save for their retirement, the UK government has started requiring companies to enrol eligible employees into a pension scheme. The staging date at which businesses will be expected to comply varies – automatic enrolment is being rolled out over six years, beginning with the largest employers in 2012 – and many businesses are finding their staging date is now just round the corner.
Hiring is one of the most important responsibilities of a small business owner. The right person can be a great addition to a growing company, while the wrong person can be detrimental.
The key to finding the right people begins with a smart hiring strategy. Start by thinking about where your business will be in the future and the number of employees you’ll need to get there. Then determine what your business needs today and how much you can currently afford to pay.
Michael Kliger, Managing Director EMEA at eBay Enterprise, shares his advice for businesses hoping to expand internationally
Workplace stress may be caused by fear, pressure or chaos. We may be fearful of some task we have to undertake, such as making a presentation. However, this is normal; indeed a little stress helps you concentrate on the task.
When going global you need to remember that it is about markets and people – not just languages. As long as that is at the heart of everything you do, you are already one step closer to kicking off your international business.