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Setting a 401(K) Plan for Your Staff - Business Owner’s Guide

[fa icon="calendar'] Apr 11, 2019 11:50:31 AM / by Michelle Nystrom posted in Managing Employees, Motivating Employees, Management

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How To Set Up A 401(K) Plan - A Beginner's Guide

If you're planning on hiring employees, you may want to set up a retirement plan as a part of their benefits package. Generally speaking, small businesses will go with a 401(k) plan, which allows employees to put a portion of their pre-tax income into a retirement account and which allows businesses to contribute to that account (businesses have different ways that they can contribute, including matching employee contributions up to a certain amount). However, setting up a 401(k) plan can be a bit of a challenge if you've never done it before. The following is a beginner's guide on how to set up a 401(k) plan for your business.

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How to Set Up a 401k for a Small Business

[fa icon="calendar'] Mar 7, 2019 7:03:00 AM / by Michelle Nystrom posted in Motivating Employees, Management

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How to Set Up a 401k for a Small Business

While there are many types of retirement plans available, the 401(k) is one of the most popular among small businesses. The way it works is that your employees will be able to deduct a certain amount of money from their paycheck (based on limits that are imposed by the plan's provisions and IRS rules) to be deposited into the plan. As the employer, you will also contribute to their plan based on how much they are depositing and what kind of plan you've chosen.

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Understanding the Four Personality Types in the Workplace

[fa icon="calendar'] Dec 26, 2018 5:38:38 PM / by Michelle Nystrom posted in Hiring the Best People, Motivating Employees, Company Culture

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The Four Personality Types in the Workplace

Unless you are an artist who never wants to sell your work or an author who writes only for yourself, you have to deal with people. Workplaces are full of a diverse selection of people with personalities that differ considerably. While every person has their own way of expressing their personality, there are four main types that the majority of the world falls into. Knowing these types can benefit you on the job in many ways.

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The 6 Fundamentals of Team Building

[fa icon="calendar'] Jul 19, 2018 7:15:00 AM / by Michelle Nystrom posted in Managing Employees, Motivating Employees, Company Culture, Management

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The 6 Fundamentals of Team Building

Building an employee team of diverse and motivated individuals that enthusiastically engages with colleagues, embraces organization values, and contributes to the bottom line is essential for success.

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3 Techniques You Can Use to Gauge Your Employee's Motivation

[fa icon="calendar'] Dec 7, 2017 8:05:00 AM / by Michelle Nystrom posted in Managing Employees, Hiring the Best People, Motivating Employees

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These Quick Techniques Will Assist You in Evaluating Your Team’s Motivation

The most important asset to any company is its human resource. A well performing workforce can enable your company to be profitable. A non-performing one, in contrast, can cause losses and business failure. To ensure your human capital performs optimally, you must ensure it is well motivated. Knowing whether your employees are motivated can be tricky since it is not easy to measure motivation with statistics and numbers. However, you can employ specific time saving and cost effective tips to help you gather valuable information quickly. Having valuable information about the level of employee motivation when you need it will enable you to deal promptly with any situation that may negatively affect your business.

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6 Ways to Motivate a Team Without Spending More

[fa icon="calendar'] Nov 2, 2017 7:00:00 AM / by Michelle Nystrom posted in Managing Employees, Motivating Employees, Company Culture

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Getting the Most Out of Your Team without Upsetting Your Accountant

Many business owners make the mistake of underrating the role of their employees. Those who do not may not know how to motivate their workers efficiently. Even the most productive employees can become ineffective if they are unmotivated. Like many other employers, your first instinct would be to give your workforce a raise or other financial rewards. However, this can be too costly and fruitless. You can utilize other methods that will not cost you extra but will leave a permanent mark on your employees.

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13 Ideas for Motivating Employees That Won't Break the Bank

[fa icon="calendar'] Sep 14, 2017 7:00:00 AM / by Michelle Nystrom posted in Managing Employees, Motivating Employees, Company Culture

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A Collection of Employee Motivation Ideas that Won’t Break the Bank

Everyone understands the importance of having a motivated workforce. Unfortunately, many employers consider motivational efforts to mean monetary rewards and this is not always feasible. The great news is that whether you are a small business just starting out or a large corporation with hundreds of employees you can help motivate your employees without spending a lot of money. 

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12 Quotes You Can Use to Motivate Your Team

[fa icon="calendar'] Jun 7, 2017 6:30:00 AM / by Michelle Nystrom posted in Motivating Employees, Company Culture, Management

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Quotes can be found everywhere and it is rare that you go through a day without hearing one. That’s because nothing needs to be said that someone, somewhere hasn't said before. The best thing about quotes is that regardless of the context in which they were originally made, most can be used to fit a variety of situations. The following quotes have been chosen to help you provide motivation to your employees.

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The Importance of Employee Motivation & Its Effect on Your Bottom Line

[fa icon="calendar'] May 10, 2017 6:30:00 AM / by Michelle Nystrom posted in Hiring the Best People, Motivating Employees, Company Culture, Management

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Measuring Employee Engagement and Gauging Company Culture

[fa icon="calendar'] Mar 22, 2017 1:00:00 AM / by Michelle Nystrom posted in Managing Employees, Motivating Employees, Company Culture

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How to Find Out Just How Engaged Your Employees Are and Assess Your Overall Company Culture

Forbes defines “employee engagement” as the emotional commitment an employee has to the organization and its goals. This emotional commitment means engaged employees actually care about their work and their company. An engaged employee can be thought of as absorbed by and enthusiastic about their work and taking positive action to further the organization's reputation and interests.

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