There are a lot of reasons why employees might not be at the top of their game. Maybe they’re having personal issues. Maybe they didn’t get enough sleep. Maybe they’re excited about something. This is all pretty normal. Employees are human and have their ups and downs, but when the lack of productivity becomes a regular thing, there is either something really serious going on outside of work or, more likely, there are some flawed management practices at play.
HR, Payroll, and Employee Management Tips for Small Business Posts
Employees new to online time tracking sometimes think that their bosses are cracking the whip – recording time down to the second, revealing tardy patterns, the true length of lunch breaks, and the real sick leave rate. While all that will indeed be revealed, tracking time online is just so easy people tend to love it.
It’s no surprise that working too much isn’t good for you but did you know that working long hours can lead to depression? Of course, working the occasional long shift isn’t likely to cause any lasting mood problems but researchers have shown that working more than 11 hours a day on a regular basis can lower mood.
We hear a lot about employee absenteeism. It can have a really negative impact on a business. Stores don’t open on time, customers don’t get the help they need, and since other employees have to bear the weight of it even their productivity suffers.
Absenteeism is definitely bad for business but so is prematurism (what would you call that anyway?), or in other words, early clock-in.
Making a mistake on your employee’s payroll obviously costs the employee their due wages but it can also cost you, the employer, in lawsuit damages. This is the last place you want to end up. Wage and hour lawsuits are expensive. And with the Department of Labor planning to hire 300 more investigators, small businesses will be even more at risk for getting caught.
Markup is the percent of increase in selling price from the original cost. Companies mark up products they sell in order to make money for their business. How much they mark up the products depends on many factors, including demand, whether the product is a luxury item, and so forth. Some items are marked up considerably. It’s hard to believe we pay what we do for common items.