A business needs to spend 40% more on in-house employees. You’ll have to pay for insurance contributions, higher hourly rates, rental fees, computers, and other benefits. That’s the reason many businesses are looking at offshore teams or people from other countries willing to work online. Although managing offshore teams is not easy, the challenges are worth the savings.
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Start the New Decade with an Office Upgrade
As everyone returns to the office for a new year in the same job, it can be hard to keep productivity up. During this time, people are fresh off vacation. They have had time to reevaluate their choices, and maybe they’re considering a new job. The last thing you want is for your employees to feel stagnant in the workplace and to go to a hipper office.
Read MoreBuild Loyalty in Your Company
Good employees are the backbone of every company. However, changing times and a stricter economy has made retaining them a tall order. Companies are waging salary wars, and head-hunting is an accepted norm. The companies with higher offers often get their men, but it’s not always the case. Cultivate loyalty in your employees, and you’ll find out that it’s not always about the money.
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