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100 WAYS: #12 Reward Employees With Non-Cash Compensation
– April 14, 2010
Studies have shown that employees desire recognition for the work they perform. Here are a few simple ideas that can show your appreciation without providing cash bonuses. ...
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100 WAYS: #11 Scale Back Retirement Plan Contributions
– April 12, 2010
Many companies are starting to revisit their approach towards retirement plans. The older model of employers making significant retirement plan contributions on behalf of their employees can have a negative cash flow effect. ...
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100 WAYS: #10 Link Bonus to Performance
– April 7, 2010
Make sure your bonus system provides real value. The fundamental basis for any incentive compensation program is simple ...
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Top 10 First-Time Homebuyer Credit Tax Tips
– April 7, 2010
There is still time to claim the First-Time Homebuyer Tax Credit on your 2009 tax return. If you purchased or entered into a binding contract to purchase a home in 2009 or early 2010, you may be eligible to claim the First-Time Homebuyer Credit. ...
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100 WAYS: #9 Monitor Personal Use of Company Cars
– April 5, 2010
If you currently provide employees with company cars consider an employee owned fleet instead. With employee ownership, there is no corporate investment of business capital that might be better used elsewhere. ...
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HIRE Act Provides Payroll Tax Forgiveness and Worker Retention Credit
– April 1, 2010
On March 18, 2010, President Obama signed the Hiring Incentives to Restore Employment (HIRE) Act. The $18 billion HIRE Act is expected to be the first of several "jobs" bills out of Congress in 2010. ...
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100 WAYS: #8 Monitor Departmental Budgets
– March 31, 2010
Most companies have a budget process in place but few granulate it to the departmental or functional level. ...
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100 WAYS: #7 Limit Expense Authority to Upper Management
– March 29, 2010
Only upper management with purchasing authority should be approving orders for supplies, products, goods, etc. ...
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100 WAYS: #6 Start Signing All Checks Personally
– March 24, 2010
Start signing all checks personally and question every expense. "Why am I paying this amount and what am I getting for it?" ...
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100 WAYS: #5 Profit is a State of Mind
– March 22, 2010
Profit needs to be the goal of the entire management team, not just the CEO. Financial goals should be measurable, specific and understood by the key management team in order to relate them to the bottom line. ...
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