small business employees

A Small Business Guide to Remuneration

A Small Business Guide to Remuneration

The remuneration package is what binds you and your employees together – fail to pitch and fine-tune it correctly, and you will find yourself unable to attract or keep the standard of workers you want and need (no matter how rewarding you think the job is in itself). If you want to employ and maintain the best possible workforce, you must be able to sell the package properly and tailor the rewards to ensure employees stay with you. This guide will help you to calculate what wage to offer, keep in line with minimum wage regulations, organise pay reviews and rewards, and more. How do I know what to pay? Any remuneration package needs to comply with the basic levels of pay set by law – national minimum wage (NMW). NMW currently stands at £3.87 for workers aged 16-17, £5.30 for workers aged 18... »

Small Businesses Are Struggling to Find the Right Staff

Small Businesses Are Struggling to Find the Right Staff

UK small and medium businesses are struggling to find employees with the right skills or work ethic yet the majority refuse to take on an apprentice, a new survey by constructaquote.com has found. 77% of small business owners said they struggle to fill vacancies with 67% of complaining that job seekers do not have the right skills and 47% expressing concerns about a lack of proper work ethic. The survey, which interviewed nearly 2000 small and medium companies, found that, despite the skills shortage, 59% of small firms have never hired an apprentice and only 13% consider an apprentice a viable option. When asked why they had never taken on an apprentice, 40% of business owners said they felt apprentices would leave once training was completed, and 34% said taking on an apprentice was too ... »

Inefficient Processes Are the Biggest Drain on Small Firms

Inefficient Processes Are the Biggest Drain on Small Firms

Inefficient processes are the biggest drain on small business time and have the biggest negative impact on customers and employees, a survey by Planview and Loudhouse has outlined. The report, which featured over 500 businesses, found that 44% of business leaders believe dealing with inefficient processes is their top time-waster, followed by administration (43%), meetings (41%) and a lack of strategic goals (28%). 57% of business owners said ineffective processes had a negative effect on employees and 48% said it had a detrimental impact on customers. Almost all (96%) of the small businesses surveyed said they think technology helps to improve productivity. Companies with tech driven processes were over three times more confident of success than those businesses that weren’t tech-enabled.... »

How to Set Up Everyday Workplace Policies in your Small Business

How to Set Up Everyday Workplace Policies in your Small Business

As a business owner, you may find yourself getting caught up in micro-management of employees, seemingly dealing with the same issues over and over again. You can save yourself a lot of time, stress and effort just by developing a clear policy on some everyday issues people face in their business. It might seem like a lot of work now, but putting in place procedures on even small aspects of business life can save you time and money in the long run. This article will provide you with the essential info you need to set up some common workplace policies (excluding employment law). Read on to find out more. How do I set up new employees? Taking on a new employee provides you with the best opportunity to coach them in your policies and put the groundwork in place to make them a successful membe... »