Fathers and Paternity Leave

Stats

70 countries around the world now provide paid paternity leave for fathers. The length of time offered and the average payment level differ drastically between countries, according to the World Economic Forum based on an OECD report. Even though South Korea and Japan offer dads the most paid time off work, very few men avail of it due to cultural perceptions that raising a child is primarily the mother’s task.

While fewer than 2 percent of fathers in Japan and South Korea take paternity leave, 89 percent of dads take time off in Sweden. In countries where the paternal leave on offer is relatively short and well paid, more fathers tend to take the opportunity to use it.

 

Culled from Forbes

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Don’t Panic, Deal With Your Stock Market Losses

stock market crashes

No one picks winning stocks every single time. At some point, you will have a stock loss. Knowing how to handle it will make the difference between a small loss that will let you quickly get back in the game, and a devastating loss that can damage your portfolio and your confidence.

One of the reasons I love the stock market (though sometimes it’s more of a love-hate relationship) is that it’s such a battle of the mind.  Of course, few pundits or analysts will tell you that—to them, it’s all about number crunching, research, valuation and industry analysis. And all of those are important. (more…)

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Why Start a Business while working fulltime

stress at work

More employees than ever before are dissatisfied with their day jobs, according to the latest YouGov survey, and a lack of career progression is to blame. If you’re looking for motivation outside of climbing the career ladder, starting your own business could be exactly what you need. And if you dream of starting-up a business, here’s why launching while still being employed is a great time to start. (more…)

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Setting your Business Strategy

Man thinking through his business strategy

When starting any new business, but particularly when starting a new business in a competitive category, you need a clear notion of what your business strategy is.

You need to start in this way because one of the very first decisions—and perhaps the key decision you’ll make—concerns your core strategy.

Fortunately, perhaps surprisingly, this step ends up being easier than most people think.

In truth, you must choose one of three traditional business strategies. These three strategies go by different names, but you can think of them as the cost strategy, the differentiation strategy and the customer strategy. (more…)

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4 Ways the Workforce is Changing

workforce

The changing workplace isn’t the office of your parents anymore. Three-piece suits ever so neatly accessorized with the perfect tie and skirt suits coupled with the perfect pair of pumps aren’t staples of most work wardrobes anymore. The ideal employee isn’t a “yes man,” they are the team members that question convention and even (wisely) challenge the opinions of their supervisors. The way we think of work and the traditions that go along with it are changing with a digital separation of work and life and how employees are motivated to perform their best.

(more…)

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From Idea to Success

from idea to success

We all have ideas that spring up either as an epiphany or the aftermath of a mistake, every business founder has a story of how and why they created a company, and that story includes the tribulations, milestones, pivots and hopefully successes that they faced along the way.

The big clause is for every idea we have had, how do we know which one is marketable, how do we create a business with just an Idea, how do we get people to buy into the product. These are the questions going through every mind that has an idea, but fear not! (more…)

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5 Signs It’s Time To Fire Your Problem Employee

Fired

As a manager, it’s your job to deal with tough employees. There are times you’ll have to coach staffers whose performance isn’t quite up to par , confront team members who aren’t pulling their weight, and even write up HR-backed performance improvement plans about workplace issues.

But there are also times when your efforts won’t be enough—and when the best approach isn’t to spend more time trying to help a difficult employee turn around, it’s to let him or her go

I’ve had to go through the process of firing an employee myself. And while it was an incredibly tough decision to come to, I identified a few factors that will help me know when it’s the right move in the future. If you’re in the same boat, consider these signs that it might be time to part ways with your problem employee. (more…)

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5 Tips to Improve Employee Retention

Image for employee retention

Think that your staff want to stay with you forever? Think again. It reveals that during the first quarter of 2015 23% of respondents are looking for a new job with a different employer. And if the economy continues to pick up, that situation is only likely to get worse, as employees grow more confident about switching roles during the economic upturn.

You are probably all too aware of the financial costs of recruiting a new member of staff, never mind the time and trouble that goes into finding the right person. So we’ve put together a 5 point guide looking into some longer term answers – as well as some quick fixes to help you improve staff loyalty.
So, bearing in mind that employee retention is not only important to avoid the direct costs of re-hiring and re-training for roles but also to avoid the impact high staff turnover can have on the morale and productivity of the rest of the team, here are our tips. (more…)

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