Most business owners realize the importance of a desirable compensation plan and admit that their employees are their company’s greatest assets. However, few reinforce this statement by investing in the development of effective rewards programs that align employee performance with key business objectives.
Although we like to think that women are equals in the modern workplace, reality suggests otherwise. Despite all our progress, women are less likely than their male counterparts to get raises, win promotions, and be recognized for their work. There are a ton of reasons for this, from perceived ability to resume gaps and more.
Distress in the workplace lately? You’re not alone. Flex HR consultants often get asked to come speak to business in various industries regarding the vital HR functions to keep their businesses sustained properly. Thus, Flex HR offers a Human Resources Bootcamp for business owners and managers.
Companies of all sizes are incessantly adapting to varying new working environments as the Coronavirus pandemic continues to take a toll on businesses throughout the U.S. We are excited to share Flex HR’s article “How to Design A Successful HR Strategy For Returning To Work During Pandemic” which has been featured by ITB Partners. This piece outlines the importance of workplace flexibility and communication in order to overcome new office challenges as employers and their employees to return to the workplace.
By: Guest Writer Donald H Turner, Serial Turnaround and Growth Executive
We are in our last installment of “Company Restoration in the New Normal.” I hope you are finding it informative and it is prompting some of your own thoughts about what to expect as we conduct business in this new world, we have found ourselves.
By: Guest Writer Donald H Turner, Serial Turnaround and Growth Executive
In Part 2, we discussed the underlying factors of the New Normal that will force a more intense way of looking at fixing companies that have been broken by this global calamity. Building off of Restructuring and Turnaround approaches, we identified the increased difficulty and complexity associated under the New Normal and introduced the concept of “Restoration.” Restoration efforts will require fixing distressed businesses in an environment where not only they themselves, but their entire marketplace – customers, suppliers, lenders, etc – are distressed also.
Five leading North Fulton-based HR professionals contributed to a GNFCC HR Forum panel discussion on these topics and much more. The host of “The GNFCC 400 Insider” is GNFCC CEO Kali Boatright, and the show is presented by the Greater North Fulton Chamber of Commerce and produced by the North Fulton studio of Business RadioX®. Business RadioX is the Media Sponsor for this series of Economic Recovery Forums.
By: Guest Writer Donald H Turner, Serial Turnaround and Growth Executive
In Part 1, we identified some of the more important characteristics that will be driving the New Normal. In this discussion we will focus on how business professionals should be looking to respond to the New Normal.First and foremost, it is clear that many companies are and will be faced with survival, pure and simple, doing whatever they can do today to ensure they are in business tomorrow. This is a reality that must be dealt with. Some will make it, many won’t.
That aside, if the company has enough ‘liquidity runway’ to reenter the marketplace than the question is how? As we return to the world of commerce, it will be clear to all involved that is not going to be business as usual.
By: Guest Writer Donald H Turner, Serial Turnaround and Growth Executive
“I’m not Chinese. I thrive in interesting times.”In both culture and commerce, we live in what many would consider “interesting times” – as stated in the old Chinese proverb. A proverb, by the way, that is intended as a curse, not a blessing.
Our “interesting times” have officially decimated the worldwide economy, ravaged social norms, and rattled the psyche of many. As we come out of this pandemic-driven calamity we face a truly “new world.” Whether it will be a “brave new world” is yet to be seen; however, a “new world” it will most certainly be.
Compliance is an integral part of an organization, regardless of whether you are overseeing a global enterprise or running a small business. Compliance helps companies to avoid white collar-crime, corruption, ethics issues, and other pitfalls. It’s also essential when it comes to tax issues, federal and local laws, industry requirements, workplace safety, employee rights, and data management.
Although you can create a team to oversee all the compliance requirements, you can’t leave all the workload to them. All members of your company must understand compliance, know why it matters, and act accordingly. This means developing a culture that fosters compliance throughout the organization. Here’s how to create a positive compliance culture.