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- Host a Holiday Party Your Clients Will Want to Attend
- Episode 5: Forex Trading sach mein kaam karta hai? Beginners ke liye advice
- How to Manage Employee Performance Effectively
- Fed Meeting & Tech Earnings | FOREX WEEK AHEAD
- Difference Between Accounts Payable and Receivable
- BIG draw down in Forex needs BIG gains to get it back! Let me show you a graph…
- What Are the Generally Accepted Accounting Principles?
- Buying Forex Signals (Podcast Episode 74)
- HR Tools Every HR Manager Should Know About
- Apa Itu Candlestick? Semua Chart Forex Saham Ada Benda Ni | Siri Belajar Forex Percuma 06
| Host a Holiday Party Your Clients Will Want to Attend Posted: 09 Nov 2021 03:57 PM PST 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 ------------------------------------   If you’re like most people, adding another holiday party to your schedule is a pain in the rear. However, as a business owner, it’s important that you don't miss out on a chance to connect with employees and clients. By taking the time to plan a business party that people want to attend, you can improve your brand image and forge stronger connections with employees and clients. The annual holiday party is something that has become a staple in the business world. It’s sort of expected that you’ll throw one and, whether you like it or not, your brand will be judged based on the success of the event. Unfortunately, most holiday parties are hosted out of this obligation. As a result, everything is done at a bare minimum level, and the entire event is average and forgettable. If you’re hosting a holiday party for your employees and clients, why not put in the time and effort to make it an event that people will want to attend? One that gets people excited? Believe it or not, there are companies that host stellar holiday parties that people look forward to attending. Here’s how you can join this group. 1. Understand the whyBefore doing anything else, ask yourself why you’re hosting a holiday party. Understanding the “why” behind the event will allow you to focus your goals and foster a little extra motivation. In most cases, leading organizations host holiday parties to accomplish one or more of the following objectives: build company culture, boost employee morale, enhance relationships with clients, celebrate the brand, and/or show gratitude to key stakeholders. 2. Be strategic with the guest listOne of the most important factors in the holiday party planning process is creating a guest list and sending out invitations. Generally speaking, you have to assume that you aren’t going to get 100 percent attendance. When you remove your own employees from the equation, it’s safe to assume that you’ll get 30 to 40 percent of people who RSVP with a “yes” (at best). With this in mind, pad your guest list so you don’t end up with an embarrassingly small attendance. As a rule of thumb, invitations should be sent out 21 days in advance. Be sure to include all of the important details, such as RSVP requirements, proper attire, start time and whether or not additional guests are allowed. You’ll spend a lot less time fielding phone calls and answering emails if you’re clear about these details on the front end. 3. Choose the right timeRemember that you aren’t the only party on the block. The average person on your guest list has more invitations than they can count on one hand. As such, timing is extremely important. If you’re going to host your holiday party in mid-to-late December, be prepared to send out invitations very early. The two weekends before Christmas are full of holiday events, and you’ll be competing with family time. It might be best to shoot for the first weekend in December, or maybe even a weeknight (such as a Thursday evening). 4. Get the details rightThe big picture matters, but success is typically found in the details. If you want your holiday party to be memorable, you need to get these smaller specifics fleshed out. It’s easy to blow your entire budget on food and drink, but save some money for decorations and favors. Customizing little details like napkins, menus, invitations, bags and wine glasses can help people remember a party and have a more favorable impression later on. Look online for some inspiration if you’re unsure of what to do. 5. Prep your employeesA holiday party guest list needs to be strategically developed in order to ensure there’s a proper mixture of friendly faces and good networking opportunities. If your party includes clients (or prospective clients), consider briefing employees on who these people are ahead of time. Even going as far as to send out a companywide email with headshots and brief bios could be helpful. Your employees should walk a fine line between overselling the brand and not having meaningful business conversations. Prepping employees ahead of time gives them an idea of how to poke and prod without being tacky or overbearing. 6. Go easy on the boozeAlcohol is a sensitive topic at holiday parties. Be strategic with how and what you offer guests. In order to avoid overserving, come up with a strategy and don’t be afraid to cut people off. One reasonable idea is to limit the selection to wine only and to close the bar early. It’s also smart to only offer drinks during the meal, which limits the amount of time people have to drink. 7. Be a good hostAs holiday party host and someone with a significant leadership position in your company, it can be difficult to know where you stand on the day of the event. Naturally, you’ll be thinking about execution and stressing over the details, but you also need to be mingling with guests and representing your brand. In order to be a good host, consider offloading logistical responsibilities to an event planner or a designated employee. This will allow you to relax a bit and focus on engaging people and having a good time. Everything won’t go perfectly according to plan, but don’t get overwhelmed. In today’s business climate, you’re expected to host a holiday party, so why not make the most out of the opportunity? You can do the bare minimum and simply survive, or you can invest the time and effort to leverage this event as an opportunity to enhance your brand image and forge stronger connections with key clients and stakeholders. The choice is yours.
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| Episode 5: Forex Trading sach mein kaam karta hai? Beginners ke liye advice Posted: 09 Nov 2021 03:13 PM PST
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| How to Manage Employee Performance Effectively Posted: 09 Nov 2021 02:56 PM PST 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 ------------------------------------  Keeping abreast of how your employees are performing is a key component of being a manager. However, while managers can provide the resources, tools, insights, vision, values, inspiration and leadership, it’s up to the employees themselves to manage their own performance. Your staff will perform better when they understand and buy into the overall purpose and vision of the company, the goals of their department, the objectives of their team, and their role within each. Once they have that understanding, regularly getting their feedback and providing data to let them know how well they’re doing will go a lot further than subjecting them to quarterly performance review meetings or dangling the carrot of a raise at the end of the year, after their annual review. What is performance management?“Performance management” is a broad term that describes the process of managing worker performance in a traditional, industrial way. It considers the employee or worker to be the performer, producing work deliverables that need to be tracked and managed. Here are some simple examples to illustrate:
What are the benefits of performance management?Performance management is good for businesses from all sides. It isn’t just a means to improve profit margins; it helps people in the company at all levels. Let’s look at specific benefits for employees and employers to get a feel for the big picture. For employees
For employers
What is traditional performance management?Traditional performance management plans are process-driven, not people-driven. You set goals, rate employees using an appraisal form, recognize top performers, and reprimand those who don’t cut it. And most employees don’t like it. Regent found six reasons why employees resent traditional appraisals:
Larger companies often attempt to systemize the performance management process using online tools that capture feedback and ratings. The Society for Human Resource Management reports that more employers each year are ditching formal performance reviews. They’re replacing annual review processes with more frequent one-on-one manager conversations and peer feedback. What are some performance management mistakes?The problem with traditional performance management is that it doesn’t inspire employees as well as newer forms of employee engagement do. That’s because it’s focused on top-down goals, inputs, outputs, metrics and measures. It punishes employees who don’t meet objectives by reducing their bonus opportunities or subjecting them to a reprimand, write-up, or retraining. It simultaneously demotivates top performers, who are often forced to sit through quarterly or annual reviews where they get potentially biased feedback on their “performance” that misses the innovative ideas they’ve contributed. It fails to measure their overall value to the team and the company. In contrast, newer forms of performance management focus on the employee as a person, empowering them to manage their own performance, often with significantly better results. In fact, the terminology is changing from “performance management” – a thing done to a person – to “employee engagement,” which is when employees manage their own motivation and performance while the company provides support, guidance, tools and encouragement. Tips on how to manage employee performanceIf you want to get the most out of your employees, do less managing and more engaging. Here are the steps of managing employee performance in a way that inspires and motivates workers to contribute their best efforts to your company. 1. Focus on the overall business objectives by aligning goals.Start with what your business is about. When you share what you’re trying to accomplish – your vision, mission and objectives – you invite the employee to be part of the solution. Employees are motivated when they understand and agree with what the company is about and how they can make a difference. They want to be part of the big picture and understand how they affect the bottom line. In a traditional business setting, performance is managed from the top down: The senior executives establish company goals, department managers refine them into team goals, and supervisors work with their direct reports to map out specific work-related goals, often tied to a weekly, monthly or quarterly timeframe. A more productive way to integrate the employee into the process – to engage and motivate their performance – is to share what the goals are, and then ask the employee how they can best contribute to the achievement of those goals. You can then work on providing resources they may need and setting measurements the employee can buy into. Many businesses use a goal-setting form or process that breaks down company objectives into measurable departmental, team and individual goals. 2. Regularly talk to your staff about work performance.Once your employees have agreed on how they can help you, your department and the company achieve its goals, don’t stop there. The conversation has just begun; to maximize performance, the lines of communication need to remain open. A good manager does this naturally. In a traditional performance management process, the performance goals are documented on a form and may not be revisited for six months to a year. There’s little value in that. In fact, by the time you get to the year-end review, the company may have changed direction entirely, and the original goals may no longer be relevant. Here are some examples of engaging employees to manage performance in real time.
These examples of performance management are not discussions had at the end of a sales month, fiscal quarter or calendar year based on lofty corporate goals that lack context, like “increase market share 5%.” They happen before, during and after work events – a shift, a day’s call schedule, a manufacturing run. They’re related to the work happening now. These manager-employee conversations may or may not be documented formally, although many modern performance management systems provide a place to record notes from these one-on-one and small team meetings. The purpose of the ongoing dialogue is to manage performance continually, not from the top down but with the performers themselves. 3. Measure and adapt.The secret to ensuring peak performance is to track worker progress so that you can reward great performance or course-correct in real time. Research shows that employees are motivated by being part of a team and seeing goals realized. To manage employee performance, you should measure and track it, but in a public and collaborative (non-punitive) way. Then, use that data to inform and inspire your employees. Here are some examples of how different company types could measure performance:
Nearly everything a person can make, create, do or provide can be tracked – customer satisfaction scores, number of referrals, lines of code written, viewer ratings, units sold, revenues and more. What matters is that your metrics and measurements reflect the contributions of your team and the individual performance of workers within the group. If your team members don’t buy into the metrics, it won’t inspire them to perform at their best. To get the best performance from your team, you have to help them feel engaged in the work and committed to the success of your organization. 4. Consider a performance management system.Performance management software exists to standardize how you document and disseminate information related to performance management and reviews. The system can help you schedule interactions between management and employees. It’s also a means to track all of the important metrics that are being explained to the employees. Many of the best HR software providers offer performance management as part of their suite of features. The system can facilitate collaboration between groups, making important information highly visible to all parties that need to see it. In short, a performance management system is the software that makes it easier to put everything together and keep track of it. You have many options for this software, but a few features can make or break the experience of using the system. One of the most important features to look for is an employee self-service portal. This is where employees can exercise autonomy in reviewing their metrics, staying up to date on company information, and utilizing resources available through the portal. Other great features of this software include time and attendance management, an employee database, and leave management. Keep an eye out for these functions as you decide which system is right for your company.
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| Fed Meeting & Tech Earnings | FOREX WEEK AHEAD Posted: 09 Nov 2021 02:11 PM PST
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 last meeting of the US Federal Reserve until after the summer should be a big driving force for forex markets. Also, the big tech companies report second-quarter earnings, which has implications for tech stocks as well as the Nasdaq index. Lots to discuss. Thanks! Rich This video has closed captions. Please click the CC button to activate the subtitles. https://www.gkfxprime.com/trading-analysis/weekly-videos Facebook: https://www.facebook.com/gkfxprime source Click to rate this post! [Total: 0 Average: 0]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Difference Between Accounts Payable and Receivable Posted: 09 Nov 2021 01:53 PM PST 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 ------------------------------------ If you’re a new business owner, you may not be familiar with accounts payable and accounts receivable, but both play a crucial role in your day-to-day business operations. Accounts receivable is the money your company brings in from the sale of its products and services. In comparison, accounts payable is the money your business owes its suppliers and vendors. This article will explain more about how each one works, how they affect your business and how to accurately track this financial data. Editor’s note: Looking for the right accounting software for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. Accounts payable vs. accounts receivableUnderstanding the difference between accounts payable and accounts receivable will help you better grasp accounting processes. If you confuse the two, you could end up with an incorrect balance in your general ledger. Accounts payable refers to money your company owes to its supplier, while accounts receivable refers to the money customers owe your business. Accounts receivable is considered an asset in accounting, since it generates cash flow for your organization. Accounts receivable will typically turn over to cash within a year. In comparison, accounts payable is a liability, since it’s money your business owes. These differences are highlighted in the table below.
What are accounts payable?It’s essential to stay on top of your accounts payable. Knowing how much your company owes will help you avoid late payments and additional fees. Accounts payables are short-term debts owed to your suppliers and vendors, so they’re usually seen as liabilities. Here are some examples of accounts payable transactions:
These are different types of accounts payables:
All of these items – except for wages payable – are processed through the accounts payable system. Wages payable is processed when your company runs payroll. When recording an accounts payable transaction, you want to debit the expense from your account. For instance, if your business purchases $500 in office supplies from Staples, your general ledger should show the debit from your accounts payable. Here is an example of how that transaction would look:
What are accounts receivable?Accounts receivable is money owed to your business by your customers. Since accounts receivable payments generate future cash flow for your company, it’s considered an asset. Managing accounts receivable means becoming an efficient debt collector. Examples of accounts receivable include a phone company billing a customer for their monthly cell phone usage. While waiting for the customer to pay the bill, the accounting department would mark it as an unpaid invoice on their accounts receivable. Any goods sold or service rendered is considered to be accounts receivable. It’s your company’s responsibility to bill your patrons for any services rendered. Your invoice will include the product or service rendered, the payment amount, sales tax and the due date. To record accounts receivable, you must first ensure the debit is receivable and then credit the revenue account. When the customer pays their invoice for services rendered, your business will debit the cash amount and credit the accounts receivable account. If the invoice is for product sales, you’ll want to add an inventory reduction on your balance sheet. For example, if your company finalizes a sale of $30,000, and $15,000 was from the sale of products, here’s how you would record that information in your general ledger:
Finally, it’s essential to establish a credit approval process for your customers. This process includes creating a credit application and credit terms.
Discounts on accounts payable and receivableThere are many advantages to paying an account before it’s past due. Some vendors will be willing to offer you a discount for paying your invoice within 10 to 14 days of the initial due date. If a vendor offers an early payment discount, your business will save money by paying early. And the vendor benefits by receiving the payment ahead of time and having additional access to cash flow. While a minor discount may not seem like a big deal, it can significantly improve the profits of your company. Even receiving a 2% discount can improve yields in the long term. If you receive an early payment discount, you should note the discount in the ledger to avoid any future discrepancies. For example, let’s say your business offers a 10% discount if the invoice is paid at least a week early. In this case, the journal entry would read as follows:
Finally, there are usually guidelines on how to track the discount being offered. For example, if you pay the invoice within 10 days for a 4% discount, the notation on the invoice should read 4/10. Both numbers can change depending on the exact discount and the due date to receive the discount.
Tracking accounts payable and receivableTo track accounts payable and receivable, hold on to every receipt, invoice and order. If even one invoice slips under the cracks, your financial records will be off balance. Tracking your financial accounts properly from the beginning will help your business succeed in the long run. Additionally, it will show your customers that you operate your business in a professional manner. You also must stay current of due dates for both customers and vendors. Managing the money you owe and the money owed to you will ensure you receive and make your payments on time. It’s also a good idea to keep an eye on any aging accounts. These are accounts that weren’t paid on time that can be overlooked. How accounting software can helpIt’s beneficial to invest in feature-rich accounting software to help you manage both accounts payable and receivable. Here are a few benefits of investing in accounting software:
Accounting software will save you valuable time by doing some of the more tedious work for you. The software you use will depend on the type of business you run, and most software programs can be customized to fit your specific needs.
Proper accounting minimizes errorsAccounts payable and accounts receivable are necessary to ensure you’re accurately tracking your cash flow and spending. Understanding the difference is important so you don’t accidentally mix up the two in your general ledger. When your business correctly tracks its accounts payable and receivable, there is a higher likelihood that it won’t run into any errors. This accuracy is vital if you don’t have a large accounting department managing your firm's financial information. Finally, it’s a good idea to use accounting software to log and track your company's financial information. The right software will save you valuable time and money, and help prevent errors that could hurt your bottom line in the long run.
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| BIG draw down in Forex needs BIG gains to get it back! Let me show you a graph… Posted: 09 Nov 2021 01:08 PM PST
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 ------------------------------------ Losing money is part of the game and it’s called ‘draw-down’. But is too much draw down harder to recover from? If you have a big draw down, you’ll need big gains to get back to where you started. In this video I’ll show you a graph that illustrates the damage of excessive draw down. FOREX SIGNALS TRADING ROOM: RECOMMENDED BROKERS: FREE TRADING EDUCATION: FREE CHEAT SHEETS: FREE TOOLS: FREE TRADE IDEAS & NEWS: OUR SOCIALS: 1,500+ REVIEWS * The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts. source Click to rate this post! [Total: 0 Average: 0]  | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| What Are the Generally Accepted Accounting Principles? Posted: 09 Nov 2021 12:50 PM PST 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 ------------------------------------ If you run a small business, you may not know much about the Generally Accepted Accounting Principles (GAAP). After all, GAAP standards apply to publicly traded companies, so these rules don’t always feel relevant to your small business. However, it’s a good idea to have a basic understanding of GAAP standards. This information will help you improve your accounting skills, understand accounting principles, and pinpoint how your business should track and measure its financial information. Editor’s note: Looking for the right accounting software for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. What are Generally Accepted Accounting Principles (GAAP)?Generally Accepted Accounting Principles are a set of rules and standards used for financial reporting in the United States. GAAP standards were developed by the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board. These standards apply to corporate, government and nonprofit accounting. The U.S. Securities and Exchange Commission (SEC) requires all publicly traded companies to adhere to GAAP standards. When each company reports and maintains its financial records the same way, it’s easier for investors to compare companies to make investment decisions. GAAP requires companies adhere to these four standards:
What are the 10 principles of GAAP?These 10 principles can help you understand the purpose of GAAP.
What are the basic principles of accounting?If you aren’t a publicly traded company, it may not be necessary for you to follow GAAP standards. But all businesses should be familiar with these five basic principles of accounting.
GAAP and complianceIf you run a publicly traded company, the SEC requires that your business follows GAAP standards. In this case, you have to complete GAAP-compliant financial statements to remain listed on the stock exchanges. GAAP compliance is not required for private companies, but most lenders prefer it. If you plan to apply for a small business loan, you may be required to file GAAP-compliant financial statements. Additionally, investors are often wary of businesses that don’t follow GAAP standards. That’s because the consistency of GAAP principles makes it easier to compare financial statements. In case your company ever goes public, you should begin adopting GAAP standards now.
Non-GAAP reporting and limitations of GAAPGAAP standards are based on principles like accrual accounting, revenue recognition and expense matching. However, some people believe that financial statements prepared according to GAAP standards don’t always accurately reflect a company’s performance. For that reason, some companies supplement their financial reports with non-GAAP statements. These are often referred to as pro forma statements. The goal is to present a more accurate and complete view of the company’s underlying operations. According to a FactSet study of 30 companies listed on the Dow Jones, 20 companies included non-GAAP financial statements in addition to their regular financial statements. Non-GAAP statements can include these items:
Proponents of non-GAAP reporting argue that including this information presents a more nuanced view of the company to investors. Critics argue that using non-GAAP financial statements could result in fraudulent reporting. In particular, the SEC has issued a statement advising caution when it comes to pro forma statements. What is IFRS?International Financial Reporting Standards (IFRS) is a set of accounting principles for publicly traded companies. IFRS is issued by the International Accounting Standards Board (IASB) and it has been adopted by 120 countries – including those in the European Union. These rules are designed to increase consistency and transparency for publicly traded companies worldwide. Like GAAP, IFRS outlines how companies should maintain their financial records, and report income and expenses. It creates a global accounting language that investors, auditors and government regulators can understand. IFRS vs. GAAP
Public companies in the U.S. must follow GAAP standards, and the SEC has stated that it will not switch to IFRS. But the SEC is reviewing a proposal to allow U.S. companies to include IFRS information in their annual filings. These are some of the main differences between GAAP and IFRS: Inventory reportingOne of the most significant differences between GAAP and IFRS is how the two standards treat inventory reporting. IFRS would not allow your company to use the LIFO (last in, first out) method to measure inventory. That’s because IFRS standards maintain that LIFO doesn’t accurately portray inventory flow, and could make your company’s income appear lower than it actually is. In comparison, GAAP standards would allow your company to track its inventory using either LIFO or FIFO (first in, first out). Intangible assetsGAAP and IFRS approach intangible assets differently. Under IFRS, intangible assets can be recognized if they offer a future economic benefit to your firm. However, GAAP recognizes intangible assets at their current fair market value – without any additional assessment. Financial reportingGAAP standards follow a highly specific set of rules and procedures, with little room for interpretation. These rules are designed to keep your accountants from attempting to inflate your business’s financial records to mislead investors. However, IFRS would give your company more room for interpretation in your financial reporting. Revenue recognitionGAAP has specific standards for how revenue can be recognized across different industries. In general, revenue cannot be reported until the buyer has received the goods or services it purchased from your organization. IFRS states that revenue can be recognized once the value is delivered to your clients. Liabilities classificationUnder GAAP standards, liabilities are either classified as current or noncurrent liabilities. This depends on how long your business has to repay your debt. Debt that you must repay within the next 12 months is considered a current liability. Debt with a repayment period longer than 12 months is considered long-term debt. IFRS doesn’t draw any distinctions between current or noncurrent liabilities, and groups them all together. GAAP FAQsWhy is GAAP important?GAAP standardizes the process of financial reporting and creates a common accounting language that all U.S.-based businesses can follow. It ensures that all companies follow the same reporting procedures, making it easier for investors to understand and compare financial statements. GAAP requires that all companies report their financial data fairly and accurately. By maintaining GAAP standards, it’s easier to trust the financial market and invest in companies. Where are Generally Accepted Accounting Principles (GAAP) used?GAAP principles are required for all publicly traded companies in the United States, but many private companies also follow these standards. GAAP standards apply to all corporate, nonprofit, and government accounting practices. Who created Generally Accepted Accounting Principles?The Financial Accounting Standards Board and the Governmental Accounting Standards Board created GAAP standards in response to the stock market crash of 1929 and the Great Depression. At the time, many publicly traded companies were not always accurate in reporting their financial data, which likely contributed to the stock market crash. GAAP was later established under the Securities Act of 1933 and the Securities Exchange Act of 1934.
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| Buying Forex Signals (Podcast Episode 74) Posted: 09 Nov 2021 12:07 PM PST
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 ------------------------------------ Should you buy Forex signals, and if you do decide to go this route, what are the things you must be careful to avoid? Then how should you approach from there? We cover it all in a long episode of the Forex Q&A Podcast. Blog For This Episode –
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| HR Tools Every HR Manager Should Know About Posted: 09 Nov 2021 11:47 AM PST 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 responsibilities of a human resources (HR) department are vast and depend on organization size and industry. Regardless of the business vertical or the number of employees, HR tools are a great way to save time and make processes more efficient without sacrificing quality. Here are 16 tools every HR manager needs to know about. HR tools automate tasks that would otherwise take considerable time and administrative effort from an HR professional. Whether they’re providing recruiting service or streamlining communication efforts, HR tools allow professionals to focus more on employee engagement and less on tedious, time-consuming administrative work. Editor’s note: Looking for the right HR software for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs. Tools for recruiting, hiring and onboardingRecruiting, hiring and onboarding tools assist HR managers in recruiting top talent, then automating the hiring and onboarding process – all in one platform. Here are some examples of recruiting, hiring and onboarding tools:
Time and attendance tracking tools are usually used in congruence with other HR applications, such as top payroll software, to keep track of each employee’s hours and attendance in compliance with labor laws.
Here are the some of best time and attendance tracking software:
Survey HR tools are helpful for gathering feedback from employees. HR teams and leadership can use that data to analyze employee satisfaction, create training programs, or dedicate time to building a better corporate culture from the answers received. Here are a few examples of survey HR tools:
HR tools for productivity allow teams to manage their time and tasks efficiently. Here are a few examples:
With an increasingly remote environment, communication between you and your employees is essential to running a successful business. Communication HR tools allow you to keep in touch with everyone in the organization and help uphold company culture. Here are a few examples of communication HR tools:
Stephen Kohler, CEO of Audira Labs, can’t overstate the importance of HR tools to his operations. “The most impactful tools are those which save time, drive efficiency and maximize productivity for the employee and the organization overall.” Improved efficiencyHR tools take tiresome data-entry tasks from HR professionals and automate them so that human error is virtually nonexistent. This increases efficiency, streamlines productivity, and reduces time spent on tasks such as finding basic employee information or entering data from a spreadsheet. HR tools take guesswork out of monotonous-but-important HR documents and projects. Easy access to important informationWhen you use HR tools, heavy files and memorizing important codes become tasks of the past. HR management-system software allows HR professionals to easily access employee information and data that monitor employee trends, communication efforts and employee status. No more wading through stacks of papers or cursing at spilled coffee on a resignation form when you have an HR tool’s electronic file system in place. Increased ability to monitor PTO, absences and leaveInstead of countless emails or a chaotic shared calendar, HR tools allow professionals to better monitor PTO, absences and leave requests. These tools also have the ability to track an employee’s availability, the amount of leave they have allocated, and can even automate the administrative task of booking holiday allowances.
Better data for reporting and analysisData allows HR professionals to figure out what is and isn’t working within the company, even regarding employee engagement. With tools such as HR management-system software, an HR team can monitor trends such as employee satisfaction and performance to identify what needs to be improved, often in real time. There are a few questions you should ask yourself when choosing the right HR tools for your organization. First, what HR tasks eat up the majority of time in a day? Look for tasks that can be automated or may need increased efficiency to be effective. Once you identify the problem tasks, searching for an HR software tool that can automate that task – and be customized to other business needs – becomes less like trying to find a needle in a haystack and more like reaching out for the perfect fit. Next, what is your business’s budget for a new tool? Will add-ons or monthly payments drain the company’s account? If the budget feels comfortable and includes wiggle room for must-have additions, it’s time to ask a few final questions.
Will this tool solve problems and not create more tech headaches? Can the tool scale with business growth, whether that growth means adding more employees or changing the business model?
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