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- M1 ( 1 Mint ) Time frame Forex trading | Short term FX tutorial in Hindi and Urdu by Taniforex
- What Burnout Is and How to Avoid It
- Best Indicator To Trade Market Cycles (Schaff Trend Cycle Forex Trading Strategy)
- What Is a Business Credit Score and Does It Matter?
- Forex Trading / ��the simples and profitable Forex Trading For Beginners��
- What Is Specialty Insurance? – business.com
- What is traded in Forex? Currencies and Correlations | FTMO
- How Do Pharmaceutical Wholesalers Work?
- Why Learning To Trade Forex Will Leave You Broke!
- What Are Employee Motivation Programs?
| M1 ( 1 Mint ) Time frame Forex trading | Short term FX tutorial in Hindi and Urdu by Taniforex Posted: 05 Nov 2021 04:12 PM PDT
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| What Burnout Is and How to Avoid It Posted: 05 Nov 2021 03:36 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ 
Everyone has stressful days at work where they feel overwhelmed and exhausted by their tasks. But when this feeling becomes chronic or unavoidable no matter what you do, you may be experiencing job burnout. Burnout can cause people to feel constantly stressed, exhausted, and unable to cope with the demands of a job and life. Because much of the country is currently under quarantine, thousands of workers have made the shift to remote work. This is adding significant stress in many ways: Employees have had to figure out how to make their jobs work remotely, balance working with round-the-clock child care, and deal with the general stresses of a crisis, such as whether their job will survive the economic downturn and if their loved ones will be healthy throughout the pandemic. All of these added stresses can contribute heavily to employee burnout. Here’s how to spot burnout and what you can do to avoid it.
What is burnout?Burnout is a state of emotional, mental, and physical exhaustion typically caused by excessive and prolonged stress. Job burnout, in particular, can involve a reduced sense of accomplishment and loss of personal identity or task ownership. Burnout may also present itself with physical symptoms, such as headaches or stomachaches as a result of stress. Burnout is not an official medical diagnosis and can sometimes be linked to or exacerbated by other mental health conditions, such as depression. Stress vs. burnoutAlthough stress and burnout have similar symptoms, they are two entirely different conditions. For instance, according to HelpGuide, while burnout is characterized by disengagement, stress is characterized by over-engagement. When you are stressed out, your emotions are overactive, while burnout causes emotions to become muted. Stress causes a lack of energy, while burnout causes a loss of motivation and hope. Stress is more likely to cause physical illness, while burnout causes mainly emotional damage. Burnout vs. depressionAccording to Prevention.com, although burnout overlaps with depression, they are not the same condition. While burnout is essentially emotional exhaustion triggered by being overworked at your place of employment, depression is a mental health disorder that can be caused by any number of things. Given that burnout is typically triggered at work, working less or finding a new job may relieve burnout symptoms. However, depression is a mental health disorder that causes you to feel hopeless in all areas of your life, and it is often not relieved (no matter what life changes are made) until the disorder has been properly addressed. According to Moodpath, these are the core differences between depression and burnout: Depression:
Burnout:
Symptoms of burnoutBurnout has three main dimensions: exhaustion, cynicism (or less identification with your job functions) and feelings of reduced professional ability. Put more simply, if you feel drained, are starting to hate your job, and feel like you can’t do your job well, you are showing signs of workplace burnout. These are some other common signs of burnout:
The 5 stages of burnoutBurnout manifests differently in each individual, so the signs and symptoms may vary. However, these are the five most commonly observed stages:
How can working from home contribute to burnout?Working from home, when done correctly, can be a great way to balance the demands of work and your personal life, but it takes careful consideration and implementation of boundaries. Because the coronavirus pushed many people who don’t normally work from home into doing so, you likely came into this situation without those boundaries in place, which may make you feel isolated or as though you need to be available at all times. “The isolation and ability to work anytime and anywhere can definitely lead to burnout if you’re not careful,” said Angela Mastrogiacomo, owner of Muddy Paw PR. “Because remote workers don’t have that community support and energy to draw off of, and because their home has now become their office, it can become easy to tell yourself you’ll just work a little bit more, and before you know it, you’ve been working 14 hours straight.” Working from home, especially during quarantine, can also mean trying to get work done while caring for children or other family members as well as dealing with external stressors, which can leave you burning the candle at both ends and blur – or completely erase – the line between work and home. “Oftentimes, workers’ workspaces are in their living rooms, which makes it difficult to take breaks and separate from your workspace,” said Drew Cheneler, founder of SimpleMoneyLyfe. “Add on the distractions of family and watching the kids, and it’s hard to stay focused and enjoy a true work-life balance.” Additional causes of burnoutIn addition to working from home, according to Mayo Clinic, these are some other potential causes of burnout:
Tips for avoiding burnoutThere are steps you can take early on to avoid occupational burnout and keep it from affecting your personal or professional life. The best thing to do is to be proactive and build up your mental resilience.
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| Best Indicator To Trade Market Cycles (Schaff Trend Cycle Forex Trading Strategy) Posted: 05 Nov 2021 03:09 PM PDT
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| What Is a Business Credit Score and Does It Matter? Posted: 05 Nov 2021 02:33 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------  A business credit score measures the overall creditworthiness of a business, much like a personal credit score measures the overall creditworthiness of an individual. While the concept behind each credit score is similar, there are significant differences every business owner should understand. This guide will introduce you to the business credit score, what it is used for and how you can improve your business’s credit score. What is a business credit score?Your business credit score, while distinct from your personal credit score, is similar in concept. Basically, a business credit score is used to demonstrate how financially sound and reliable a business is likely to be in making its owed payments on time. “Businesses have credit scores similar to personal credit scores,” said Bumbales. “A business credit score is a numerical measure between 0 and 100 that represents how responsible and creditworthy a business is.” Business credit scores are determined by three major credit bureaus: Dun & Bradstreet, Equifax and Experian, said Bumbales. The scores determine creditworthiness for a number of things, including business loans, credit cards and payment terms. Strong business credit and a responsible payment history can also reduce the cost of borrowing money. “Each credit bureau will collect data and information about a company’s financial history and attach a score, but each bureau has a different set of criteria they value when attaching a score,” added Bumbales. What are business credit scores used for?Much like personal credit scores are used to determine an individual’s borrowing eligibility, business credit scores are primarily useful when a company needs financing. A lender relies on a business credit score to help determine whether to extend funding to a business. “A business’s credit score is usually most important when trying to secure financing,” said Jeffrey Bumbales, director of strategic partnerships and marketing at online lender Credibly. “The better a business’s credit score, the more lucrative options it will have when applying for a loan or other financing products.” Business credit scores can influence multiple things about the financing a company can obtain, including the value of funding, repayment terms and interest rates, said Luke Voiles, vice president and business leader of QuickBooks Capital at Intuit. “The scores are used to determine whether or not to offer the business credit, how much to lend and what terms to use,” he said. “They can also be used by other companies you may do business with to decide whether to extend more generous payment terms.” If you’re considering financing a purchase or borrowing money, it’s important to understand your current business credit score and how any new funding might impact it in the future.
Editor’s note: Looking for a small business loan? Fill out the questionnaire below to have our vendor partners contact you about your needs. How is a business credit score different from a personal credit score?While the concept behind business credit scores and a personal credit score is similar, they are distinct. Business credit scores do not impact one’s personal FICO score, for one. They are also publicly available, unlike private personal credit scores. “Business and personal credit differ in a few main ways,” Bumbales said. “Personal credit scores are directly attached to a person’s Social Security number, whereas a business credit score is attached to a company’s employee identification number.” Business credit scores are also determined by a different (though sometimes overlapping) set of criteria than personal credit scores, said Voiles. “Personal credit scores are determined through FICO’s algorithms based on your personal credit history,” said Voiles. “Business credit scores, however, are typically determined by looking at payment history, amounts owed, length of credit history, credit mix and new credit. “On the business score side, there is not the same consistency you get with FICO,” Voiles added. “There are many providers of business scores that are measured and scaled differently, so it can be confusing for small businesses to understand their scores.” According to Mike Ross, president of commercial collection agency Miller, Ross & Goldman, a business credit score often reflects whether a business pays its vendors and creditors early, on time or late. “A perfect score of 100 indicates that the subject company typically pays 30 days before agreed terms or invoice payment due dates. A 90 indicates 20 days before and an 80 indicates payment on time,” Ross said. “Scores below 80 are then progressively reflective of the number of days a company typically pays beyond agreed invoice terms. For example, a 70 is indicative of an average 15 days beyond agreed terms …” “There are other relevant factors and scoring models on how business credit is calculated, including industry risk, average debt load, years in business and company size,” he added.
Business credit score factorsWhile each credit rating agency has its own methods of calculating a business credit score, there are a few common factors in a business credit score:
How can I get my business credit score?To obtain your business credit score, you have to request information from the three major credit bureaus. To do so, you will need to visit their respective websites and request a credit report.
How can I improve my business credit score?If your business credit score isn’t as good as you were hoping, don’t worry; there are several steps you can take to improve your business credit. These include:
Even with a healthy business credit score, a lender might require a business owner to personally guarantee a loan. This typically includes a personal credit check, Ross said, and is especially common when the business is a sole proprietorship or has only recently launched. [Read related article: How to Apply (and Get Approved) for a Business Loan] While a business credit score and a personal credit score are distinct, it is a best practice to maintain a good score for both as they can sometimes complement one another. Business credit reports can be just as important in securing business financing as a strong personal credit score and guarantee. Maintaining good business credit reduces the cost of borrowing money and avails your business to more favorable payment terms with creditors and vendors alike. “While one doesn’t necessarily impact the other, with some exception, the benefits of habitual early and on-time payment practices on both fronts will have broad and positively impactful benefits over the course of time, for both the business and the individual,” Ross said. Business credit score FAQsHow often should you check your business credit score?There is no universal answer. As each business operates uniquely, the frequency of lending and borrowing compared to incoming revenue can be dramatically different across industries and businesses. A starting rule of thumb is to check at least once each quarter. Many businesses might prefer to check monthly. More often than that is likely unnecessary. What is a “good” business credit score?Business credit scores don’t look like personal credit scores. A perfect business score is 100. By most standards, anything above 80 is in the good range and will get you favorable interest rates. An 80 means you pay on time but there are some imperfections in your credit history. From 50-79, you are in the “good” range: You pay all of your bills, but some are late. Dropping below 50 will set off red flags and impact your ability to borrow money. Does closing a business credit card affect your credit score?Yes. This is more the case for small businesses than large ones, but credit history is rolled into the calculations, and canceling cards can negatively impact your credit history. How can you get a free business credit report and score?Plenty of companies offer free credit reports. It’s often best to go to the source. Nav and Experian both offer free reports, but there are limits on how many free reports you can get in a year.
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| Forex Trading / ��the simples and profitable Forex Trading For Beginners�� Posted: 05 Nov 2021 02:08 PM PDT
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| What Is Specialty Insurance? – business.com Posted: 05 Nov 2021 01:31 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Small businesses have abundant insurance needs, but even the most highly recommended business insurance policies don’t cover everything. Worse yet, when you’re paying a lot of money for all that insurance, it may feel like adding insult to injury to undergo a serious event and not have your insurance cover it. That’s where specialty insurance comes in – and it’s rarely anywhere close to expensive as your ordinary business coverage. What is specialty insurance?Specialty insurance plans are made specifically for businesses that need unusual coverage. These business accounts may involve high-risk holdings or feature objects that are not usually covered under standard business insurance policies. As an example, guns and antiques are two items that require specialty insurance in order for the investment to be protected adequately. Who needs specialty insurance?Any type of business that serves clients who engage in high-risk behavior will have to research specialty insurance plans. For instance, a skydiving company may be considered very high-risk and be subject to higher incidences of liability claims. Other businesses that typically take out specialty insurance coverage are construction companies and contractors. Builders are frequently sued, so specialty insurance is necessary to negate the risk. [See our Contractor’s Guide to Insurance.] Many insurance providers offer specialty insurance plans to businesses in certain industries. For instance, Liberty Mutual has specialty options for the healthcare, environmental, real estate and energy industries. Underwriting is more flexible with this type of coverage, since nontraditional coverage is necessary. Does specialty insurance protect against lawsuits?Like other types of insurance plans, specialty insurance offers protection against lawsuits. If a business is sued and a judgment made against it, it needs to recover financially. Many issues a business faces are covered under a specialty policy called errors and omissions, or E&O. With E&O, the company is protected against negligence lawsuits. The policy will have limits, but it traditionally covers judgments, court fees and legal fees. How much does specialty insurance cost?A common misconception is that specialty insurance is not affordable. Many rates are surprisingly competitive, depending on your specific needs. Always research insurance agents before choosing a provider. If your business has unusual insurance requirements, find a referral to companies that have experience in that type of specialized coverage.
Examples of specialty insurance policiesSpecialty insurance is necessary for items that your ordinary homeowners or automobile insurance doesn’t cover. The following types of specialty insurance can help fill in the gaps:
Other cases of specialty insurance include insurance for unique items, such as for actors who insure their body parts that are considered their best assets and moneymakers. Specialty insurance for business can also include coverage for your entire inventory in case of a fire or theft. What to consider when choosing specialty insuranceYou should take these steps to make the most of specialty insurance: 1. Understand the different types of specialty insurance.Specialty insurance isn’t intended to be a one-size-fits-all policy; the underwriting will be specific to your company’s industry and needs. For instance, construction and healthcare businesses both need specialty insurance but will have very different coverage inclusions. 2. Start with basic information on insurance for special needs.A key step is confirming that the policies you already have don’t cover your specialty needs. Even if they don’t, you may not need an entirely new policy. In some cases, the insurer may be able to add special inclusions to your standard policy. 3. Check out various specialty insurance companies.Research multiple specialty insurance providers to see the variety of policies they carry. Seek out a specialty insurance company that answers your questions thoroughly. Review their experience in the industry and their records with rating agencies like the Better Business Bureau. As you search for specialty insurance plans, do your best to work only with agents who can vet companies and collect quotes. Many agents collect commissions from insurance providers and don’t require any fees from clients. When you review policy inclusions, calculate whether the amounts will be adequate protection for your assets against judgments. Speak to insurance providers about the option for an umbrella policy. An umbrella policy has a minimal annual cost and pays out claims when you’ve exhausted your initial coverage. 4. Look at the latest specialty insurance coverage and industry news and information.Insurance coverage changes at a breakneck speed. As you search for your plan, you should stay up to date with information on insurance for special needs. Find out what specialty insurance other providers are offering and what trends are affecting the industry. With this information at hand, you can bargain with service providers and get the best deal for your budget. 5. Compare quotes from different companies (and use them against each other).When you’re pricing specialty insurance, ask for a quote from your current insurance provider. If a competitor gives you a lower quote for the same service, take that back to your current provider to see if it can match the lower cost.
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| What is traded in Forex? Currencies and Correlations | FTMO Posted: 05 Nov 2021 01:05 PM PDT
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| How Do Pharmaceutical Wholesalers Work? Posted: 05 Nov 2021 12:29 PM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ The pharmaceutical industry is massive. It generates nearly $1.3 trillion in revenue annually. However, not everyone knows how their medications get from the manufacturer to their local pharmacy. In many instances, pharmaceutical wholesalers are the method. Here is more on how the process works. What is a wholesale drug distributor?Wholesale drug distributors purchase medications directly from manufacturers. The wholesale drug distributor in turn sells the medications to pharmacies. The United States Food and Drug Administration urges all consumers to validate the licenses of wholesale drug distributors. Each state has a specific agency responsible for licensing wholesale drug distributors. This is extremely important for consumer protection. Without a license, a wholesale drug distributor may be linked to serious offenses, including counterfeit prescriptions and unapproved medication distribution. Any websites with taglines like “not a prescription pharmacy” are likely operating without a license. There are two main business models that categorize wholesale drug distributors. Full-line wholesalers purchase a company’s complete product line. In contracts between manufacturers and distributors, certain medications may be excluded. On average, pharmacies make up 75% of distributors’ profits. The other type of wholesale drug distributor is a specialized company. These distributors purchase specialty drugs to sell to clinics and hospitals. How do drug wholesalers make money?Drug distributors make money by following a concise business model: buy medications at low prices in bulk, and sell them to customers and pharmacies at an increased market price. The distributors’ income comes from the difference between what they paid and what the medications were sold for. The consumer typically pays the most through the supply chain, since pharmacies also need to make a profit from medications. However, consumers are finding that purchasing directly from a distributor instead of a pharmacy can cut their overall medication costs. Wholesalers still make a profit from direct sales, but retail the products to patients instead of pharmacies. Since specialty drugs make up about 30% of wholesale revenue, this business model has experienced significant growth over the past two years.
Savings for customers and clientsWhile some might argue wholesale providers aren’t needed anymore, wholesale pharmaceutical products do provide savings to clients and customers. Whether you’re in pharmaceutical retail, pharmaceutical supply or home healthcare, the goal is to provide the best-quality products and services at reasonable prices. Healthcare is expensive for consumers and pharmaceutical suppliers alike. A trusted pharmaceutical wholesaler keeps costs low and inventory high, and gives clients better buying power. Pharmaceutical wholesalers also provide products for pharmaceutical retailers. Since pharmacies offer a wide variety of products, it’s vital to get the best prices for your retail pharmacy. Wholesale vitamins are big sellers, for example, but pharmacies compete with big-box stores, vitamin shops and health food stores for those consumer dollars. Getting customers to think of your pharmacy first when purchasing vitamins is a challenge.
Full-service pharmaceutical wholesalersFull-service pharmaceutical distributors supply their clients with a variety of products and services to meet the needs of clients and customers. A pharmaceutical provider offering products like wholesale drugs and over-the-counter pain relievers saves independent pharmacists and home care companies valuable time as well as money. Here are a few benefits of pharmaceutical wholesale suppliers:
Wholesale pharmacy suppliesWhether you’re an independent pharmacy or a part of a pharmacy chain, wholesale pharmacy supplies are a sensible way to increase revenue and save money. Wholesale medical suppliesMedical supply costs add up quickly for chronically ill patients. Regular purchasers of diabetic testing supplies, insulin syringes, arthritis treatments, joint support devices and incontinence supplies need every opportunity to save money.
Wholesale vitamins and supplementsVitamins, herbal remedies and supplements are a big business in the medical community. Patients who use nutritional supplements may find relief from symptoms and an improved sense of well-being from these products. Providing vitamins and supplements to your customers at competitive prices turns you into their one-stop source for all health-related purchases. Here are a few ways to do that:
Who are the largest pharmaceutical distributors in the United States?The largest pharmaceutical distributors include the companies below:
All of these distributors have exceeded $4 billion in revenue. It’s possible that profits will decrease in the coming years due to legislation that blocks the overinflation of brand-name medications. Profits are also impacted by deflations occurring in the generic medication market.
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| Why Learning To Trade Forex Will Leave You Broke! Posted: 05 Nov 2021 12:02 PM PDT
Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------  FREE: The Complete Price Action Strategy Checklist – http://bit.ly/2o5NO0M In this Forex trading vlog, I share with you why I believe the way most people learn to trade Forex is wrong…and what you can do about it. Vlog #449 SUBSCRIBE TODAY: https://goo.gl/4DpLu6 Want to look cool? Check out the Desire To Trade Merch: http://bit.ly/2ySpeJ7 (use the promo code YOUTUBE10) // SOCIAL // TRADING MUST-HAVE RESOURCES // MUSIC // ABOUT ME I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the "fake" millionaire traders and the "get-rich-quick-trading guys". That’s why you can expect more free content from me than what other people charge for! If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at. // Disclaimer // AFFILIATE AFFILIATE LINKS source Click to rate this post! [Total: 0 Average: 0]  |
| What Are Employee Motivation Programs? Posted: 05 Nov 2021 11:26 AM PDT Halloween Sale! Buy 1 get 10% off, Buy 2 get 15% Shop Now https://www.dresslily.com/promotion/Halloween-pre.html Hot deals ,ALL $12.99 Hot deals ,ALL $9.99 Hot deals ,ALL $6.99 ------------------------------------ Your company can benefit from employee motivational programs. It’s essential to reward your staff for their hard work through recognition, special privileges or gifts. Employee motivational programs show your team that your company cares about their success. Motivate your staff, and their production will exceed expectations. Employee motivation techniques create the foundation that keeps your workforce happy and productive. A supportive work atmosphere leads to positive motivation for employees and improves morale. Further, workers who have a great attitude serve as an example for new staff members. Motivating employees can take many forms. Here are a few ideas to get you started:
Training programs use employee motivation theories to offer the best classes and training tools for your company. Some of the most successful companies in the world use training programs for worker motivation. What are employee motivational programs?Employee motivational programs motivate workers by incentivizing them with rewards. Each company decides what programs to offer based on the business’s values and the needs of the staff, but most use a form of flexibility in the workplace, additional time off, or even tuition reimbursement. These benefit programs can help you engage and retain current employees and attract new talent. 5 types of employee motivational programs to consider1. Raises and bonusesThere is no better way to incentivize your employee than offering a bonus when they need to go above and beyond or providing an annual raise after a glowing review. However, it’s essential to have a clear plan on how employees will be financially rewarded when the time comes. Stick with the program and set clear expectations for all employees. 2. Profit-sharing plansProfit-sharing can be an excellent alternative or addition to a 401(k) plan. Employees can receive cash or stock to boost their retirement accounts or even a direct payment. Profit-sharing is also a great way to incentivize marketing and sales teams, and you can increase or reduce it depending on your yearly expenses. Although profit-sharing can be a financial sacrifice, it does more than help your employees financially. It can also boost their confidence by fostering a sense of ownership in the company, encourage company loyalty, and inspire them to excel at their jobs to increase their shares. If profit-sharing isn’t an option for your company, consider matching part or all of your employees’ 401(k) contributions. The match signifies your employees’ importance to the company and provides a better nest egg for your staff. 3. Tuition reimbursementThe cost of a college education has skyrocketed in recent years, and many people have to weigh their career choice largely based on whether they can pay off their student loans. Companies that offer tuition reimbursement take the financial burden of education off the employees’ shoulders. Offering to reimburse your employees for classes or degree programs keeps your team learning new strategies to streamline processes and bring fresh ideas. Plus, it will be easier to promote from within, saving you time and money. 4. ReferralsEven with a recruitment team, it can be difficult to keep a steady stream of potential employees ready when you need to fill a spot quickly. Providing a monetary incentive for current employees to refer friends and colleagues can help make sure you have enough staff on hand to keep your business running smoothly. 5. WellnessWhile financial perks are always appreciated, offering wellness incentives that promote physical and mental health can prevent burnout among your employees. Consider providing your employees with healthy lunch options, onsite medical screenings, or standing desks. You could also reward your employees who quit smoking, for example, or complete health challenges.
7 tips to motivate employees during trainingA study by the Global Journal of Commerce & Management Perspective found that training is an essential component of a business’s productivity. In the study, training programs improved not only employees’ performance but also the productivity of the organization as a whole. Training is an invaluable strategy that every business should utilize, and it should be an ongoing process to continue growth within the company. Here are a few tips for creating an employee training program that will show results. 1. Make it engaging.Training isn’t effective if no one pays attention. Subjecting your employees to dry, uninspired educational materials or speakers is unlikely to produce the results you want. Your training program should seek to sell your team on the mission statement and culture of your company. It should clearly articulate your business’s ultimate goal and explain why the training is vital to this goal. 2. Create high-quality training content.Invest in high-quality content if you’re doing video training or printing pamphlets. Of course, this doesn’t mean you need to hire Steven Spielberg to direct your training videos, but putting in the extra effort and investing in production values can go a long way in keeping your employees interested and engaged in conjunction with the personal coaching you provide. 3. Tell your story.Another way to engage your audience is to tell your story and what drove you to start the business in the first place. Your existing employees already understand the broad strokes of what the company does and what problems it solves, but they may not know your motivation for developing the business. Your story is an excellent opportunity to communicate with your team and explain your personal goals. It’s easy to be indifferent if you feel like you’re not personally connected to the company’s objectives. However, explaining your backstory or the circumstances that led to the development of your business can build that personal connection employees need to truly value their roles and appreciate the impact their work has on the company and your customers. 4. Encourage feedback and participation.Communication is vital to the employee-management relationship. Although communication should be part of your daily work life, employee training is an excellent opportunity to find any unaddressed issues. If you do in-person training, ask your employees about their jobs and how the company could help them feel more engaged and supported. If it’s online training, include a feedback section somewhere in the curriculum and encourage employees to submit their concerns. It also helps to get feedback on the training activity itself to improve and develop your materials continually. 5. Make it interactive.If you force your employees to watch an educational video, it may help them learn some technical information, but it’s unlikely to affect their overall sense of engagement. If the training is more of an interactive experience, it’s more likely to impact employee morale positively. If you have web development skills (or access to someone who does), creating interactive videos and online media could be a great way to do training. If you are not quite that tech savvy, you could offer incentives for completing specific training. For example, employees who complete a particular training program get to work on special projects or accounts – or even something less formal, like free pizza on Fridays for those who participate in a program. How to incentivize your employees is up to you, but if you want to increase their motivation, you have to give them more than just bland educational content. 6. Inspire your crew with motivational articles and posters.We’ve all seen the motivational posters and articles, but these can be more beneficial than you might think. The use of visual aids around the office can give an optimistic view for employee success. 7. Give them incentives to work toward.Employees love rewards for hard work, and a fantastic motivational tool is gift incentives. Your staff will strive to do their best, and it challenges them to improve productivity through friendly competition and recognition for a job well done.
Final thoughts on employee motivationEmployees need to feel encouraged, and the above techniques can achieve the goal of motivating your employees daily. Before you put them into practice, use an employee motivation survey to gauge the morale of your workforce. Ask your staff what motivates them – be it recognition, monetary rewards, or special privileges.
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