Role of Managers in Retaining Employees Retaining top talent remains a fundamental priority for organizations of all sizes and sectors. High employee turnover not only impacts productivity, morale, and customer service quality but also imposes significant direct and indirect costs, such as recruitment, onboarding, and training...
What does paid in arrears mean? The term "paid in arrears" means that payment is made after a service has been provided, rather than in advance. In other words, the money is owed for a period that has passed. For example, if a landlord rents a property,...
What is overtime pay? Overtime pay refers to the extra wages that employers pay employees who work more than a certain number of hours in a workday or workweek. This is typically higher than their regular hourly rate. In the United States, for example, the Fair...
Convert your salary to hourly wage easily. To convert a salary into an hourly wage, you first need to determine how many hours are worked in a year. This will usually depend on the specifics of the job, but a common assumption is a 40-hour work...
10 Engaging Team Building Activities to Foster Collaboration and Cohesion Team building is an essential aspect of running a successful organization. It's a strategic process designed to foster communication, collaboration, and camaraderie among team members. The goal of team building activities is to enhance interpersonal relations,...
What is a Time Duration Calculator? Calculate time between two time inputs. A time duration calculator is a tool that allows you to calculate the duration or time difference between two given points in time. It can be used to calculate things like the total hours between...
Philippines Labor Law Chapter 1 Article 82. Who This Applies To: These rules apply to all employees in any company, whether it makes profit or not. But it doesn't apply to government workers, managers, employees who work away from the office, family members dependent on the business owner,...
Proactive Boss: Key Traits That Define Effective Leadership A boss is more than just a person in charge; they are the guide that shapes the course of an organization. Of the many leadership styles, being proactive has emerged as a critical characteristic for successful bosses in...
What are SMART Goals? The concept of SMART goals provides a practical and clear approach to establishing achievable objectives. The SMART framework turns nebulous ambitions into concrete realities, making the path to success more navigable. SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and...
10 Employee Appreciation Ideas Employee appreciation gifts and celebrations play a significant role in boosting morale and reinforcing a positive company culture. Here are ten ideas that can help you show your appreciation in a memorable and meaningful way: 1. Customized Gifts Showing Employee Appreciation Personalized gifts can...