Business Practices

Workplace well-being programs have become more popular than ever. They started as mere employee perks for corporates, but today, these are becoming more common among businesses of all sizes. When done right, well-being programs offer employees incentives, social support, privacy, and different strategies to develop and maintain healthy behaviours. Worksites worldwide are incorporating employee well-being

Experts will be debating about what should have been done during the height of the coronavirus outbreak for years to come. Would it be better if businesses stayed open? Maybe they would’ve survived if they cut more jobs? How about if they borrowed money from the banks or demanded more from the government regarding the

Young employees often enter the workplace with the idea that progression will be linear. It might not be easy, but there’s a clear path to advancement and achieving your career goals. As long as you put your head down and work hard, you’ll get there. This notion has its roots in the concept of meritocracy.

Engaging with and motivating your employees is challenging. Over time, employees can feel uninspired and demotivated for various reasons, from personal to professional. The reasons and situations can be so varied that managers need to maintain an open mind when dealing with their employees. The pandemic has thrown many businesses in a state of uncertainty.

Since March, more than 500,000 applications for employee identification numbers have been submitted. Many people are still pursuing their dreams of opening a small business despite the economic crisis brought by the COVID-19 pandemic. Opening a business takes a lot of planning. This involves identifying the goals of the business, the products and/or services it

Are two heads really better than one? Partnering with another entrepreneur to run a business can be tricky. There are benefits to it like pooled resources, two skill sets, and two people brainstorming to come up with strategies and solutions. However, no two people agree all the time. No matter how peaceful the partnership may

Many companies and employees have celebrated the rise of remote work as one of the few positive effects to emerge from the pandemic. It has allowed people to keep their jobs while enabling continued productivity for organizations. Skeptics have been proven wrong as tasks get accomplished, often with increased productivity. Yet evidence also shows that

Inventory management is the process of acquiring, storing, and consuming a company’s inventory. This process includes the operation of raw materials, components, and finished products. The warehousing and processing of such items are also included. How does inventory management work? A company’s inventory is precious to its business. In many inventory-intensive industries, finished or completed products

A workplace accident can cost your company a significant amount of time and resources such as medical bills, lost productivity, and employee morale. Workplace accidents cannot be 100% avoided all the time because you cannot 100% control unforeseen events, especially if your company handles dangerous jobs such as construction and production. However, just because accidents

In the first few months of the pandemic, when people were uncertain how long the situation would last, people flocked to groceries and hoarded canned food. People have gotten used to industrially processed foods to prepare for emergencies. However, there are healthier alternatives to make food last longer. Back when there were no refrigerators, coolers,