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Workers’ compensation premiums can be a confusing calculation to business owners. There are several factors that are considered while doing this calculation. First, each job is assigned a specific classification code. Each job code has a different rate and is determined by industry standards. Next, the total amount of payroll for each job code is...

We like to blame COVID for the lack of available workers. While it may have contributed, it is not the sole reason. With baby boomers dropping out of the workforce, there would’ve been a shortage, even if COVID never happened.

You have to think outside the box. You have to understand the new generation and what motivates them. If you always do what you’ve always done, you’re gonna see the same results. Time to foster change.

I have found in training employees, explaining why they’re doing the task, helps them understand the task and gives them a purpose. Knowing how you contribute to the success of an organization makes all the difference.

There’s nothing more rewarding than to receive recognition when a major achievement occurs. Employers who show their appreciation, build loyalty, and long-term rewards for their recognition.

One way to retain employees is to offer training and development opportunities to help them grow and advance in their careers. I was able to take advantage of my employer’s educational assistant program, and I was forever grateful for the opportunity.

In our current work environment, employees are looking to have a balance between work and personal time. One way is to offer flexible work arrangements, encourage employees to take breaks and vacations, and make it clear that their wellbeing is a priority.

Encourage your employees to work together and support one another and create opportunities for them to get to know one another outside of work. Team building events such as painting activity, axe throwing bowling, are all great ways to bring the team together.

Make sure that your company’s values are clearly communicated to all employees, and that these values are reflected in the way that your business operates. Whenever my team has a decision to make, we review our values to ensure that decision follows our values.

While I say I love shoe boxes, that is business receipts for an entire year given to me in a shoebox. It’s not difficult to organize your financial records without this organization. How do you know if you’re profitable? You don’t wanna spend your valuable time only to lose everything thing.