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Report

Employee Engagement – 5 Ways to Keep Staff Feeling Motivated & Appreciated

May 1, 2018 by Reporter Leave a Comment

 

 

Image Source: Pixabay

It can be hard enough in today’s fast-paced world to keep your finger on the pulse of day-to-day business operations. Throw disgruntled or unhappy employees into the mix, and your life as a business manager or owner just became that little bit harder. Keeping your staff happy is a priority in business, if not for their happiness in their job, but for your bottom line. If you want satisfied, productive and long-term staff, here’s how to get them:

Tokens of Appreciation

While you might believe that paying their salary every week should be enough to keep them happy, in many cases a non-monetary gesture in the form of corporate gifts and rewards can be even more effective in letting employees know how much you value and appreciate them. Whether in recognition of professional, personal or performance milestones, holidays or acknowledgement of a job well done, a thoughtful gift or reward can say much more than money.

Measure Employee Engagement

If you’re a business owner or manager, a certain degree of arms-length from the coalface of business can leave you unaware of complaints, staff unhappiness, or discontent. All you might see is low productivity that leaves you scratching your head. Disengagement costs organization up to $550 billion per year, so there’s every reason to find a solution. It pays dividends to look into software that provides a platform for staff to speak their mind in a safe and non-threatening medium. In doing so, you’re able to identify areas of employee dissatisfaction and lost productivity and develop strategies to address them.

Provide Opportunities

While you may have hired your team to do a specific job, that doesn’t mean they won’t feel the need to upskill. By offering educational and training opportunities to your staff, you have a higher chance of retaining valuable employees. Almost half of the millennials surveyed left their last job because there was no opportunity for growth. Help your staff to feel appreciated and motivated by actively encouraging education and upskilling. The long-term benefits to your business of the increased skill levels will likely far outweigh the short-term costs.

People Not Numbers

In large corporations, it can be challenging to see your team as more than just numbers. After all, if you have several hundred employees, knowing them all on a first name basis would be tough for anyone. However, viewing your team as more than just numbers can help to make them feel appreciated and motivated.

For smaller businesses, this process is simple. Arrange meetings with each person to find out what their goals are in life and business, and what they require improve their experience on the job. In larger corporations, assign the task to department managers. If you show personal interest in how your staff operates, they are more likely to feel appreciated in their job.

Incentive

Most people love a little bit of healthy competition, particularly when it can involve team bonding, camaraderie, and improved productivity along the way. Therefore, you may find that including contests, incentives and milestones into your workplace dynamic could help your staff’s motivation levels, while simultaneously boosting your bottom line. It’s important that the competition doesn’t lead to unhealthy rivalry and animosity. However, when structured wisely, most employees will thrive when such an option is available, making for better levels of motivation and engagement.

You can’t expect your staff to feel motivated and appreciated through regular income alone. It takes thinking outside of the square and being a responsible leader. Any of these five tips above can more than help to improve your workplace productivity while benefiting your employees at the same time.

Filed Under: Melbourne, Small Business, Sydney, Website Tagged With: Report, Review

Achieving operational efficiency with pallet racking systems

July 29, 2015 by Reporter Leave a Comment

storage solutions australia

Storage and inventory management is one of the major challenges for a growing business. In industries that require precise recording and tracking of goods, it is ideal to have a system and infrastructure in place that can facilitate the operational efficiency required to ensure a smooth supply and delivery process. Businesses in FMCG (Fast Moving Consumer Goods) have realized this and are one of the leading sectors in using pallet-racking systems to better manage their stock inventory. Metal pallet racking shelves have become become an essential part of the industry, not just in Australia, but across the globe. As businesses seek to improve their infrastructure with pallet racking systems, pallet racking companies in Melbourne look at the benefits that lie ahead for businesses and considerations that need to be made prior to their pallet racking selection.

The business benefits of pallet racking

Selective pallet racking is ideal where flexibility, access and speed of operation are the main objectives of the required business system. Pallet racks save time and energy by storing the entire pallet as opposed to breaking down the pallet and storing the items elsewhere. This saves in additional manpower and labour costs. Pallet racking offers businesses a warehouse storage solution both laterally and vertically. As businesses grow and require storage for their inventory stock, a storage management system is required that will allow the business to store and rotate their inventory as per the business requirements. Pallet racking provides a good system for stock accessibility and rotation, as the pallets can be accessed and moved individually, allowing for rapid handling of pallet goods.

Pallet flexibility

Selective Pallet Racking can also be easily adjusted or relocated at any time. For companies that choose to make the investment in pallet racking; one of the key features that the business will notice is the ease of assembly, disassembly and transportation. Pallet frames can easily be transported by containers to the warehouse location and developed as per the business’s needs. Businesses can further develop the pallet racks within their warehouse by creating access to single or multiple bays.

Pallet racking requires a relatively small investment.

Over the long term, it is ideal for businesses to have their own storage facility. The initial outlay that is required to setup pallet racking in the warehouse is relatively small when compared to outsourcing storage services that could cost the business hundreds of thousands or millions annually.

Improved space management

The clever thing about pallet racking is it’s flexibility when it comes to using space. Pallet racks offer diversified rack and shelving solutions

It provides easy beam adjustment and accommodates various pallet heights. Additionally, lower level pallets can be located on the floor for picking purposes.

Pallet racking safety

It is the duty of the business to design and supply a safe warehouse storage facility that will support the business’s heavy inventory. These types of racks are also improving safety due to the load-bearing steel structure. People may be concerned that the rack would collapse, however with the right rack and maintenance, it isn’t something that should arise as a concern.

Considerations when choosing your pallet rack

When deciding which rack to go from, there are a range of options that need to be considered to fit in with your business’s operational objectives. The types of racks that are available to choose from include:

• Selective racking

• Double deep racking

• Drive-in pallet racking

• Narrow aisle racking

• Push back racking

• Pallet live racking

• Pallet runner

• AS/RS.

Business spaces and needs vary. And the warehouse storage solution needs to reflect the business’s needs. The management of inventory stock, records management and supply chain management with the warehouse is important; hence the need to develop a solid infrastructure to support these business demands.

Improve your business’s operational efficiency with pallet racking systems and improve the efficiency and management of warehouse storage, for the long term success of your business.

Filed Under: Business, Business News Tagged With: Report, Solution

Cats eating more fish that their owners

January 7, 2011 by Reporter Leave a Comment

“In many cases they are eating better quality fish than their owners”. Leading this fishy business is the US, where more than 1.1 million tonnes of small forage fish, including sardines, herrings and anchovies, go into cat food.

Each cat in Australia eats 13.7 kilograms of fish a year, while humans on average consume about 11 kilograms of fish and seafood each.

“Good fish is being wasted because of some pet owners’ hedonistic needs when feeding their pets.”  GOURMET meals dished up to pampered pets could be threatening world fish supplies, Victorian scientists have warned. 2,48 million tonnes of “forage” fish ie sardines, herrings and anchovies, are being consumed by the world’s cat population via the cat food industry, each year.That means about 13.7 kg per putty cat, purr year. Note, that is, only if you have an Aussie cat, not all global cats are so lucky (or included in the study).

canned Cat Food

“Australian pet cats are eating better than their owners,” Friggin felines are messing with our fish supplies and denying third world countries. A recent report draws attention to the cat food industry’s use of forage fish, which includes sardines and herrings and is considered a limited biological resource.researchers have discovered that cats eat 2 and a half tons of real fish each year and not only that, it’s the good stuff. In other words cats are eating fish that could be consumed by humans when they could be eating the guts, heads and the rest of the offal. Read more here  @ http://www.australianstockwatch.com/2008/08/each-cat-in-australia-eats-137.html

Filed Under: Australian, Entertainment, Report, Times Tagged With: 2010, 2011-12, News Australia, Report

Western Australia Top performer in Economic rankings between states

July 27, 2010 by Reporter 3 Comments

Economic rankings Australian states 2010

Western Australia  has beaten other states to become the best performing economy in Australia

according to the latest CommSec state and territory economic rankings. The ACT had held the

mantle over the past two quarterly surveys but it is clear that Western Australia has now fully

shrugged off the effects of the global financial crisis, underpinned by a strong job market and

rising demand for resources.

Economic report 2010

economic rankings Australian states

 

South Australia is the ‘quiet’ performer, with strong population growth underpinning solid commercial and
engineering construction. But middle-ranking unemployment is restraining momentum in the housing and retail
sectors.

To check out the full report go here  thanks to comsec

Filed Under: 2010, Australia, Report Tagged With: Economy, Report

The Eventual split in fosters.

May 27, 2010 by Reporter 5 Comments

Foster’s Group said Wednesday that it would split its beer and wine businesses,  and sending the company’s stocks leaping. Fosters is popular for its local beer business and international wine operations

Splitting Foster’s Wine and Beer Business

The  Alcohol and spirit  company, which is the largest alcoholic beverage maker in Australia, said in its “demerger proposal” filed to the ASX that it aimed to list the units separately.

“Potential benefits of a demerger include increased transparency allowing investors to more appropriately value each business over time,” the company said, citing the freedom the units’ boards would have to “develop their own corporate strategies.”

The timing of the deal  and structure  was  to be determined, the company said  but its completion is unlikely before the first half of next year. Foster’s shares were up 0.38 Australian cents, or 7.379 percent, at 5.53 dollars, or $4.59, at the close in Sydney.

Beer and Wine brands of fosters group

Foster’s stable of Australian premium beer brands includes key brands Victoria Bitter, Crown Lager, Foster’s LightIce, Carlton Cold, Carlton Draught and of course, Foster’s Lager. Fosters wine rag=nge includes names like high-end brands such as Penfolds Grange, Beringer, Chateau St Jean and St Clement.

Beer

Fosters australia Beer  brands  VB  crowne lager  carlton mid

Foster’s American business unit, Foster’s Wine Estates, sells a range of premium wines including Beringer and St Clement from California’s Napa, Chateau St Jean from nearby Sonoma and Foster’s range of Australian imported wines.

Foster’s, which produces the beer of the same name, has not done as well with the wine unit, which the company has tried to sell before. “Foster’s wine business is showing signs of growth, but continues to be impacted by oversupply in Australia, subdued consumer demand in key international markets and a strong Australian dollar during the 2010 financial year,” said Ian Johnston, chief executive of Foster’s Group.

Marco Gulpers, beverage analyst at ING, said that while he saw little interest for the wine unit coming from European companies like Pernod and Diageo, there were several possibilities for the beer business.

The brand’s strong Australian heritage and sense of ‘fun’ continues to appeal to consumers seeking to savour the unique taste of Australia’s most famous beer

Filed Under: ASIC, ASX, Australian, News Australia, Report, TAX Tagged With: ASX, Australia, Beer, Report, Tax Reform

Australian stock market today

May 5, 2010 by Reporter Leave a Comment

Australian stock market update today

It looks like the stockmarket got bitten by a huge aussie croc today with the market in freefall today.

  • Stocks hitting a new 52 week low include: Alesco Corp(ALS), AWE Ltd(AWE),Bannerman Resources(BMN), Elders(ELD) and Santos(STO)
  • Lihir Gold (LGL) Chairman Ross Garnaut said he has received “encouraging results” from testing the market for alternative bidders to Newcrest (NCM). He added that discussions are with more than one party and are at “various stages”. On the current NCM price the bid is worth 376c. LGL down 7c to 372c.
  • Origin Energy (ORG) announced the super tax could delay the timetable of their proposed APLNG LNG JV with ConocoPhillips. Both ORG and Conoco want to make a final investment decision on the project by the end of the year. ORG down 2.7% to 1513c.

      • Macarthur Coal (MCC) announced they are waiting on Peabody to consider the tax impact of their takeover and have extended their Gloucester Coal offer to May 27. MCC down 4.26% to 1304c.

    SENSEX SLUMPS 172 PTS ON WEAK GLOBAL CUES
    Markets were down owing to weak global cues after Beijing tightened its monetary policy over the weekend. Sensex ended at 17386.08 points. read more

    • Gindalbie Metals (GBG) in a trading halt pending a project update. GBG was down 6c to 102c before the halt.
    • Building Approvals up 15.3% in March, its highest percentage move in 6 and a half years.
    • Sales of new carsand trucks in Australia increased by a seasonably adjusted 12.9% in April from March.
  • Tabcorp (TAH) had an analyst’s presentation this morning. They say revenue has grown by 1.6% in the year to April 30, trading conditions remain uneven in the short term and that they are encountering pressure in Victoria and QLD from contracting gaming markets. TAH down 6c to 677c.
  • Westpac Bank (WBC) – 1st Half Profit Result – 1st H cash profit has come in at $2.983bn, up 30% from $2.3bn last year. Analysts were expecting on average the figure to come in at $2.857bn and have said this morning the result lacked some quality. WBC down 3.1% to 2647c.
  • News Corp (NWS) – 3rd Q Profit Result – Net profit came in at $US839m. The result has been described as good. NWS shares closed 3% lower overnight in the US but were up 4% in after market hours. NWS down 5.4% to 1873c.
  • ——————————————————————————-
  • U.K. stocks fell, led by commodity producers, amid concern Australia’s tax on resources companies will crimp profit at BHP Billiton Ltd. and Rio Tinto Group and BP Plc’s costs to clean up an oil spill will escalate
  • ———————————————————————————-
  • Australia’s central bank increased the benchmark interest rate for the sixth time since early October after policy makers raised their outlook for inflation and judged the nation is insulated from Greece-sparked debt woes.

Filed Under: Business, Finance, Report, Stock Market Tagged With: Business, Report, Stock Market

Australian Times – Business News and report

February 15, 2010 by Reporter 1 Comment

Australian Business times  – Our First Post

Get ready to get news and updates from Australia , straight from the people to the people. Unbiased news not sponsored by any  commercial entity (Except advertisements  off course).

Its an all you can eat  buffet  of free information , Dig into  finance , business news , stock market tips and information ,  and happening news all over Australia.

And it all cost you zip , nada  100%  free

Thanks

Australian Business portal ( Ausbiz Times)

 

PS :  Our Free Blogs service will launch at a later date

Filed Under: Australian, Business, Entertainment, Finance, News Australia, Real Estate, Report, Times Tagged With: Australian, Business, Finance, Henry Review, News Australia, Property, Real Estate, Report, Stock Market, Times

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