The United States is Slowly Going Back to Work
Trusted Employees
by vdominicis
3y ago
After a tremendous loss felt around the world and with a whopping 20.5 million jobs lost in the United States according to the Labor Department, we are starting to see a positive trend. With promising job reports in both May and June, we hope to see the decrease in unemployment numbers as the summer continues. With unemployment declining to 11.1 percent or around 17.8 million jobs, rates are still up by 7.6 percent from February this year. Temporarily furloughed employees also decreased both in May and June, settling at 10.6 million. Unfortunately, the number of permanent jobs lost continues t ..read more
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Applicant Screening is crucial for industries whose need for employees grows due to COVID-19
Trusted Employees
by Robyn K.
4y ago
The transportation, distribution, manufacturing and healthcare industries’ demand has changed in a matter of weeks due to COVID-19. This puts employers and employees in a tough spot to say the very least. Balancing the demand and safety for these industries and more is something companies are struggling with and there’s no immediate end in sight due to the global pandemic. With the influx on employee hiring in these industries according to Glassdoor, the need for qualified and true individuals does not cease. Why Applicant Screenings are important Applicant screenings to ensure a candidate has ..read more
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The Cost of Not Running a Pre-Employment Background Check
Trusted Employees
by Robyn K.
4y ago
It’s nothing new that running your own business is expensive. If you’re in the process of hiring a new employee, you may be wondering, “Is it really worth running a background check on a potential candidate?” While you might be able to save some money initially, not running a pre-employment background check can end up costing you a whole lot more. How so? Believe it or not, not running a pre-employment background check comes with many costs. When we think of the word “cost”, our minds usually go straight to money. However, costs mean much more than that. If a business decides to not run a pre ..read more
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Why Small Business Owners Should Embrace Networking
Trusted Employees
by Robyn K.
4y ago
You’ve just started your small business, or maybe you’ve been running it for years now, but you’re struggling to get ahead of your competitors. You’re lacking that extra edge. It can be hard to find the right methods to help your business to grow in a competitive business world. However, there is one method that has proved to be helpful. This method is networking. You may be asking yourself, What is networking? Is it the extra edge I need to keep my small business in the rat race? Why is it beneficial for my small business? What Is Networking and Why Is It Important for Small Businesses? Netwo ..read more
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Why Is Talent More Important Than Short-Term Profit?
Trusted Employees
by Robyn K.
4y ago
Massive retail chains are closing down in unprecedented numbers. By September, retailers had already announced 8,567 store closures for 2019. That’s more than the entire year of 2018. With chains that used to be the backbone of their industry shutting down, many small businesses are feeling the pressure. If previous industry leaders are going out of business, how can a small company survive? Some feel that the only way to ensure their company’s survival is to put short-term profit above everything. After all, cash is essential to keeping your business going. It’s also easy to measure how much ..read more
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5 Examples of Innovative Small Businesses and What We Can Learn From Them
Trusted Employees
by Robyn K.
4y ago
For years, RadioShack was the place to buy electronics. By 2015, it was filing for bankruptcy. What happened? RadioShack’s profits soared by selling CB radios and personal computers. But, it failed to innovative. When places like Best Buy started offering e-commerce options, RadioShack was still focusing on physical stores. RadioShack missed out on the e-commerce trend. Then it destroyed any chance of a comeback by ignoring a second crucial market trend. DIYers were a growing group of people interested in creating robots and other electronic components. RadioShack didn’t stock the right parts ..read more
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What You Should Know Before Becoming a Franchise Owner
Trusted Employees
by Robyn K.
4y ago
In the 1880s, I. M. Singer & Company needed a convenient way to sell their sewing machines. The business wanted to expand into new locations, but it didn’t have the resources. What did the company do? Singer & Company sold the right to resell their machines. This allowed individual operators to pay a fee and then sell Singer’s machines. Singer & Company grew, and its owners created a steady source of income from everyone who signed up to resell its products. This early franchise model helped Singer & Company earn more revenue without making big investments in infrastructure. Fr ..read more
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3 Tips to Bootstrap Your Small Business’s Growth
Trusted Employees
by Robyn K.
4y ago
If you were told to start a successful computer hardware business with only $10,000, you’d probably think it was impossible. But that’s exactly what Alienware did. Alienware understood that gamers needed a computer that could handle running demanding, graphic-intensive video games. However, it didn’t have the resources to create its own hardware. So, it bought components off the shelf and reconfigured them for specific games. Once Alienware received the cash it needed, it began creating computers designed just for gaming. It quickly dominated the market and was recently valued at $3 billion. H ..read more
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How to Avoid the Major Traps of Running Background Checks
Trusted Employees
by Robyn K.
4y ago
No one is immune to background check lawsuits — not even the federal government. How did the federal government end up in the middle of two background check lawsuits? The government is in charge of running background checks on potential gun owners. Twice, the government missed convictions that would have disqualified individuals from buying firearms. These overlooked people were able to buy guns and use them to commit mass shootings. Background check mistakes often have devastating consequences. How can you protect your applicants, clients, and business from screening mistakes? Let’s learn abo ..read more
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How Can You Conduct Insightful Competitor Analysis?
Trusted Employees
by Robyn K.
4y ago
BerniePortal, a business specializing in HR platforms, suddenly faced some formidable competition. Its direct competitor, Zenefits, raised $500 million in funding. Zenefits also received extensive media coverage due to its massive amount of venture capital. How could BerniePortal compete? To find out, it studied its competitor. BerniePortal analyzed its rival’s product and compared it to its own. Thanks to its research, BerniePortal realized it had a superior product model. Armed with that information, BerniePortal leaned into what made its product better. It also made use of Zenefits’ press c ..read more
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