Time and attendance recording is the key function in any workforce management system. The workers work for pay and payrolls are prepared on the basis of time and attendance records. Accurate time and attendance records not only save employers from losing money on excess payments but also instil employee confidence in the payroll system. Originally, […]
Category Archives: Management
Time clocks have long been a key factor for businesses in keeping track of the hours their employees work. Way back, when time clocks first came into existence, it was the old fashion punch clock. Believe it or not people still use these trusty old things. This was a time when all record keeping was […]
1) Effective meetings make money Effective meetings make a business smart by producing creative strategies, solid plans, and workable solutions. And smart businesses always outperform others. Bad meetings produce nothing, except maybe a decision to call another meeting. A smart business attracts customers because they know that smart companies provide reliable products and services. Thus, […]
Back in the 19th century, an Italian economist quantified the general relationship between a minority of producers and a majority of output. Sound familiar? The simplified version of Vilfredo Pareto’s ratio, known as the 80/20 rule or the Pareto Principle, says that in most cases, 80% of production comes from 20% of producers. Quality guru […]
Safety videos can provide many excellent resources for you and for your employees. What are they and how can they help your organization? First, realize that safety videos are full of valuable information. They can teach and provide that information on just about any safety related topic quite simply. And more importantly, effectively. If you […]
Many companies face the question of the value of investing in organizational learning. Consider this: A four-year study by the American Society for Training and Development (ASTD) shows that firms that invest $1,500 per employee in training compared to those that spend $125 experience on average 24 percent higher gross profit margins and 218 percent […]