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Conducting an employee work performance review

Conducting an employee work performance review

Business
While most supervisors could communicate praises and give good ratings to their subordinates, some may feel uncomfortable telling employees that their performance is poor. This is only natural, especially if one is a young supervisor or new in the position. A supervisor need not feel uncomfortable if he or she is well prepared to lead the performance review which is also known as the appraisal session. How to Conduct the Performance Review First and foremost, set aside a suitable date and time for the review and inform the employee. Priority and commitment given will ensure a fruitful outcome. Arranging a session at short notice or postponing a scheduled session at the last minute will not reflect well on the supervisor. A few simple pointers could help the performance appr...
How to calculate taxes withheld from a paycheck

How to calculate taxes withheld from a paycheck

Business
The law requires employers to withhold income taxes from employees’ paychecks. The tax withheld depends on the type of tax. The employee can generally control federal income tax withholding because it is largely based on his filing status, income and number of allowances. However, the government sets the Social Security and Medicare tax amounts. Figuring payroll taxes can be confusing, but once the process is understood, the withholding can be determined. Federal Income Taxes on a Paycheck Use Form W-4 and the IRS withholding tax tables to determine federal income tax withholding. The filing status and number of allowances from are on the W-4. Then, use the withholding tax tables (Circular E) for the appropriate tax year to perform the calculation. If the employee has 10 or fewer...
How You Can Streamline Your Business In 2022

How You Can Streamline Your Business In 2022

Business
These days, we are all trying to do a lot more with a little less. Even if your business has been going from strength to strength, we have all seen how unpredictable things can get out there. We should all be looking for ways that we can improve our flexibility, bring tasks in house, and make things more streamlined and efficient in general.  Now, the word “streamline” can sometimes bring some negative connotations along with it, but we are not talking about making huge sweeping cuts here. We are talking about stepping back and finding a way to make what you already have work more effectively for you. Here a few ways that you can make everything more streamlined. Start By Taking A Step Back  If you want to make things more streamlined, your first step should be understanding how t...
Why happy employees may not be motivated

Why happy employees may not be motivated

Business
But what if it's wrong? After all, happiness is a mood state and that is not the same thing as motivation or commitment. There are plenty of immensely happy people who are quite average or even below average as performers on the job. There certainly is a relationship between job satisfaction and productivity but while everyone wants to work in an environment that makes them happy, the reality is that satisfied employees are not necessarily more productive. Productive employees tend to be happy however. They are productive when their leaders emphasize quality and customer service and they are well trained, empowered, and involved in making decisions. This allows them to be more engaged and to communicate and collaborate with each other. Consider the resources currently being wa...
Shipping insurance rates for fragile goods

Shipping insurance rates for fragile goods

Business
Importers have to pay higher insurance rates for fragile shipments. So do people who hire movers to transport delicate household goods like antique China, chandeliers and expensive wine glasses to a new residence. Other fragile products like strawberries are sensitive to changes in temperature. Shipping technologies such as intelligent package labels and monitoring devices can remotely trigger an alarm when fragile cargo is subjected to unacceptable shocks or temperatures. One example of a device that sends signals directly to a personal computer or laptop is Innovatorium Technologies’ wireless Environment Monitor. Rather than replacing the need for shipment insurance, however, these technologies emphasize the need for adequate cargo coverage for fragile goods. This article pr...
How To Get the Most Out of Your Employees

How To Get the Most Out of Your Employees

Business
Whether large or small, your business might be, getting the most out of your employees is vital for your long-term growth potential and future success. Of course, getting the most from of your employees is not always a simple task, but it can have a range of very impactful benefits. The list below outlines some of the most effective methods of getting the most out of your employees. 1. Hire the Right Staff Getting the most from your employees starts at the hiring stage. Hiring the right staff will make your job as a manager much easier, so it is important that you take the time at the recruitment stage. When it comes to hiring the right staff, there are a number of considerations you will need to make; these include: The experience of a potential employee. What relevant inter...