As COVID-19 causes layoffs and extends uncertainty about employment in 2021, many people are considering new options, reinventing themselves, or trying to decide whether working for themselves is more desirable than finding another 9-to-5 job that might not last. Entrepreneurship brings a lot of freedom, responsibility, and risks, and before people commit to taking that big … [More]
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6 Factors That Comprise a Company’s Culture
by Joel Patterson
“Corporate culture” is a buzz phrase that’s been going around for over a decade now, though the actual meaning behind this hot topic is often lost. A company’s culture goes far beyond celebrations, perks, and the office layout. In fact, it reaches the very core of a business. Here are six factors that comprise a company’s culture. Heritage and Vision Every business has an … [More]
Their Take: Three Secrets to Surviving (and Thriving) in a Hard-Hit Pandemic Economy
inbusinessPHX.com
In a normally functioning economy, subtle market challenges can make or break a business. In the dire economic climate of 2020, IZO Spirits Founder Gaston Martinez proved the mettle of his brand by leaning on a team mindset and his community-focused roots. A Mexican native and Mezcal connoisseur, Martinez established IZO to share with the world the historically smooth flavor of … [More]
59% of Small Businesses Without Office Space Won’t Look for Any in 2021, Citing both the Financial Benefits and Improved Employee Satisfaction of Remote Work
Clutch
More than half of small businesses (59%) currently without office space do not plan to acquire or lease real estate in 2021, saying that the benefits of remote work outweigh the costs of having an office, according to a new report from Clutch, the leading B2B research firm. Kevin Harrington is the CEO of Joblist, a job searching platform whose workforce has been entirely … [More]
In Employee Compensation, You Get What You Pay For, Says Study
American Accounting Association
A study of more than 400 managers in a national hotel chain finds that the more those managers are compensated relative to their peers, the better their performance. Researchers argue that the results would hold true across industry sectors. "In many companies, employee performance is rewarded with bonuses – so companies pay for what they get out of each employee," says Jim … [More]
About Nine in 10 Employers Are Open to Negotiating Salary for Either Some or All Positions
XpertHR
The overwhelming majority (89%) of organizations are open to negotiating salary for either some or all positions once a job offer has been made, according to 324 US employers responding to XpertHR's Recruiting and Hiring Survey 2021. However, when it comes to bonuses and benefits, employers are more rigid in their terms of employment. About four in 10 (42%) organizations are … [More]
Phoenix CRE Investment Volume Slows in 2020 Despite Strong End to Year
CBRE Group
The spread of COVID-19 and the resulting government restrictions precipitated a pronounced decline in commercial real estate investment activity in the region. Investment volumes for the Phoenix metropolitan area in 2020 totaled $9.0 billion, a 20% decline from 2019 levels. The decline in investment activity was most pronounced in late spring as investors pressed pause in … [More]
Show Employees the Love, Especially during Uncertain Times; 5 Tips Leaders Can Use to Demonstrate Their Care
by Mike Messina
We often associate the month of February with acts of love. Cards, dinners, flowers and chocolates are given to those we value. As leaders, it’s important to show the love by demonstrating you value your team, not just around heartfelt holidays and not necessarily through gestures like buying flowers and chocolates, but instead through your words, actions, responses and … [More]
Tips for Growing Your Business Network (and why it matters)
PEO Leadership
A business network is often one of the most underutilized tools that leaders can use to grow their business. Many people are aware of networks but may not be sure why they matter or how to go about cultivating a strong one. The good news is that by learning how to harness the power of networks, you can take your business to the next level. “Nobody can grow their business all … [More]
The Three Big Reasons New Products Fail (and How to Avoid Them)
by Howard Tiersky
As your organization takes its place in the digital transformation that’s underway everywhere, you’ll inevitably need to create or update a large number of different products. But just because you think your shiny new app, website, service, or other digital offering is great doesn’t automatically mean the customer will. According to Nielsen, 85 percent of new consumer products … [More]
