In a majority of small businesses, new hires are given only the basic skills and information they need to begin their new job. However, if you want your new hires to become more successful in their job more quickly, then you need to go beyond the norm. The key to this is allowing your new hires to learn the organization's policies and customs and to interact with the company's personnel.The attitude your new hire develops about your company usually comes to fruition fairly quickly, and it can also affect their long-term commitment and outlook of the company. Within the first six months of a new hire's time with a company they decide whether it is a place they want to stick with or not. But the big question is how to turn a new employee's experience into a lasting and prosperous relationship.
Connect with them personally and early on.
By connecting with your new hire personally, you can form a relationship that will cause the hire to want to stay with your company. Get to know your new hires in every aspect of their lives. Ask them about their families, pets, hobbies, past experiences etc... People like to feel special and by making your new hire feel special, they may want to stay at your company longer.
Make the introduction about more than just a handbook.
A lot of small businesses make the initial introduction all about procedures and rules. But a lot of companies that have long standing employees make the initial introduction about the company, the history, the products etc... Company heads will take their new hires out for breakfast or lunch and really give them a feel for what the company is about. By making the initial introduction more fun you will find new hires more willing to stay with your company.
Treat the new hires like equals.
A lot of companies treat their new hires like the bottom of the totem pole. And, while that may be technically true, it doesn't mean you have to treat them like that. Don't put your new hires through a painful probation process or belittle them by displaying your big boss powers. Arrogance is one of the quickest ways to turn a new hire away. A great welcome can make a huge lasting impression, so be sure to treat your new hire like a true equal.
If you follow these steps, then you will be sure to see an increase not only in the amount of new hires your company receives but also in the amount of new hires that remain with your company.
It seems as though small businesses do not seem to be very concerned about cybercrime. A recent survey of 1,000 different small business owners conducted by Visa Inc. and National Cyber Security Alliance showed that there was a surprising lack of concern about cybercrime among small businesses.
Many big banks claimed that they would increase credit to small businesses in 2010, but have they really done this so far? Are they really lending more money to small businesses or have they fallen through? Well, it’s a little difficult to tell due to the fact that “small business lending” for most banks usually covers a variety of different things ranging from real estate to credit cards, and there are very few lenders that separate their numbers for small businesses. Big banks were under pressure from the White House last year to increase credit. Some of the nation’s largest lenders, including Wells Fargo, Bank of America, and JPMorgan Chase, made some very big promises about increasing their lending to small business lenders in 2010. Four of the companies that set some concrete goals were asked how they were doing so far with their lending, and here is what they said.
Everybody dreads a call to customer service, no matter what company it is. Whatever the problem is, most people would rather take their losses than go through a long, arduous process with a customer service representative. That is why businesses, especially small businesses, should consider improving their customer support in every way possible, because customers are more likely to return to your business if it has good customer service.
It is no surprise to anybody that small business lending hasn't returned to the same glory it had pre-recession, but despite a rocky year, the number of loans backed by the Small Business Administration increased by nearly 30% in 2010.
There are a countless number of threats out there that are ready to compromise your company’s network, but thankfully, there are plenty of precautionary steps that can be taken to keep this from happening.
President Obama derided Republicans Wednesday for what he called "foot-dragging" on a legislation that would supposedly extend "billions of dollars in tax cuts to the middle class and enhance lending to small businesses". Speaking from the White House Rose Garden, Obama stated that even though he was grateful two Republicans have sided with the Democrats on allowing a small-business bill to come up to a final vote, "it should not have taken this long".
On April 20, 2010, the Deepwater Horizon drilling rig exploded, killing eleven workers and injuring several others. It also caused a sea-floor oil gusher, which has caused a massive oil spill. The spill, which has been called the largest offshore spill in United States history, resulted in hundreds of millions of gallons of oil polluting the Gulf of Mexico. Several governors of states along the Gulf Coast declared a state of emergency, as did the federal government. Marine life and wildlife habitats have been harmed, as have many small businesses.
