There are 2 reasons why business owners never sit through the performance reviews of their employees. The first is when they want to discipline someone, and the second is when they think someone deserves a pay increase. However, what they don’t know is that they have so much to gain when it comes to scheduling employee performance reviews on more than just these two … [Read more...] about The Rewards Of Regular And Concise Performance Reviews
Australia
How Drones and Virtual Reality Change and Improve the Building Industry for Good
Savvy businesses in the construction industry are exploring on technological advancements to solve the challenges their industry face. They're constantly looking for solutions to reduce production costs, mitigate employee's safety, boost production, and improve competitiveness. At present, unmanned aerial vehicles (UAVs)—also known as drones and virtual reality (VR) are helping … [Read more...] about How Drones and Virtual Reality Change and Improve the Building Industry for Good
3 Problems Plaguing the Australian Construction Industry (And How to Overcome Them)
Image Source: http://i2.wp.com/www.bownegroup.com/wp-content/uploads/2013/09/iStock-surveyconstruction1.jpg The construction industry can be a harsh place for businesses. It requires a huge investment in potential profits. Until a customer has paid for a project or contract in full, there is no guarantee that this investment will be worthwhile. It means that cash flow is very … [Read more...] about 3 Problems Plaguing the Australian Construction Industry (And How to Overcome Them)
A New Way to Hire Staff for Small Businesses
If you’re a small business and you’re finding it hard to hire staff, here are some handy tips that can help you save time and money. With the introduction of a new technology known as On Demand, hiring staff has never been easier. Not only are you able to hire a worker at a click of a button but these workers are also contracted, meaning that you are able to negotiate an … [Read more...] about A New Way to Hire Staff for Small Businesses
Treasurer Scott Morrison slams banks for not passing on full interest rate cuts
Australia's Reserve bank has reduced interest rates to a record low, cutting its cash rate from 1.75% to 1.5%. while the reserve bank board and government hopes the further cut will boost the labour market and economic growth, the banks are not entirely supporting this. Banks in recent times have either not been passing on the interest rates reduction fully or delaying passing … [Read more...] about Treasurer Scott Morrison slams banks for not passing on full interest rate cuts