business trust

Four most common hiring mistakes and their impact on team management

searching for right employeeWhile selecting or hiring a team member or an individual employee, it is very important to keep all the aspects of job description and job requirements under consideration.

Selecting the wrong person for the job can have a negative impact on the entire business. For example, consider the overall turnover cost to be around 40% of the employee’s annual salary. If you do the math: If you have a turnover of 2 employees per year, with average annual salary of around $40,000, you are already incurring about $32,000 just to keep the number of employees.

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So, you’ve used a personality assessment… Now What?

We strongly believe in the need for greater self- and interpersonal awareness.  Greater self-awareness is after all EQ step # 1 – it’s absolutely essential!  The problem is that psychometrics or “personality tests’ are events, interesting experiences, and not much more than that.

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5 Most common Management mistakes

Introduction

bad management demotivatesManagers and leaders hold the key to success of the entire team. If the manager or leader is incompetent, the entire team is destined to fail. The team cannot perform at their best level, if they are not managed properly. At the end of the day, the blame or the credit of the result goes to the manager. A single mistake from the manager can become the sole reason for the demise of the entire project.

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What Makes a Dream Team?

job interview with managerOne cannot stress enough the importance of having an effective team for the success of an organization. Establishing a high-performance and efficient team does not only comprise of having a pool of talented individuals.

For a team to be effective, its members must be united in achieving a vision and must motivate each other to get to that goal. A well-gelled team must share clear, measurable goals and should be committed to play their part in achieving the group’s overall success.

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5 Steps of building an effective team culture

Introduction

Team arrowIt is very important in a business environment to maintain a healthy and effective team culture. Team culture, according to Oxford Dictionary, is ‘’the attitudes, beliefs, and norms of a team. Team culture is concerned with how the team operates including its selection procedures and power structure; how rewards are given, acceptable behaviour and dress code. Team culture often depends on the traditions, or lack of them, of a team.’’

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Top motivational factors for employees

Motivation word cloudWe spend quite a significant amount of time at work during our adult life. It is usually even more than eight hours a day. Work does not only generate income for us. It is a source of many social connections, experience, knowledge and it often influences where we live.

Considering the huge amount of time at work, it definitely should not be only about money. It is possible to do anything for a short period of time, but after a period of time and if the job is unsatisfying, you can become exhausted, unmotivated and feel very unhappy with your whole life.

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Top 5 reasons why employees leave their job

Introduction

Dear Boss, I quitAccording to a recent Gallup survey, US Economy loses $370 Billion worth of productivity due to disengaged employees annually. In 2010, employees voluntarily leaving their jobs were greater than number of employees fired or discharged by the HR department. In the current scenario, this is a huge problem for the developing countries as well as the established countries of the world.  There are a number of reasons why people leave their jobs. From the level of productivity to common job environment issues, we’ll take a look at the top 5 reasons that eventually result in quitting a job.

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Recruitment Outsourcing with Personality Surveys

global sourcing recruitmentMuch has been heard about outsourcing, or the allocation of a particular business process to an external service provider. Outsourcing happens when a business or an organization is unable to carry out all aspects of its business process internally and this aspect is allocated to another company.

It is more common in information technology as well as industries for services that have been usually looked upon as fundamental to managing a business. For example, there are cases that the entire information management of a company is outsourced, including the aspects about planning and business analysis.

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How to Build Motivation Among Your Employees

Motivation word cloudThere will be times that your employees lose their motivation, which is not a rare situation, and it can be fixed quite easily. There are various ways to ensure that your employees stay motivated and know their worth to your business or company. For instance giving honest recognition when it comes to work achievements that have been made, and even encouraging your employees to strive for excellence in themselves.

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The Truth about Multitasking at the Workplace

multitasking female managerTechnologies have made us think that we can do multiple things all at once. We send emails while on the phone, watch TV while posting Facebook updates, and text while writing business letters. People tend to think that multitasking gets the job done faster. Does it?

An article published by Peter Bergman in Harvard Business Review reports that multitasking results to a 10% decrease in IQ. 10% may not seem much, but it’s actually equal to a night’s loss of sleep. Or even worse (or better, depending on who you ask), it’s twice the effect of smoking a joint.

The same study found that there was a noticeable 40% drop in work productivity in addition to an increase in stress levels. So if you think multitasking is efficient, think again.

Before multitasking in the workplace, think twice!

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