News

24th June 2010

The Bribery Act 2010

The Bribery Act 2010 received Royal Assent on 8 April 2010 and it is expected to be implemented from 1 October 2010. The new act means that if a member of your staff is involved in bribery in the ... ... More »

14th June 2010

Making the most of an Audit

Most shrewd clients would prefer not to have to pay out for an annual audit of their accounts, but many do and see it as a very important part of its business plan. So how do clients benefit from our ... ... More »

Business Exit Stratgies - Northampton

Business Exit Stratgies - Northampton

Free Half Day Seminars - Selling your Business - Exit Strategies - Management Buyouts - Saving Tax ... More »

Make the most of staff appraisals

They do not have to be intimidating or formal affairs, but they do have to be clear and well thought-out. Ideally, staff should be appraised every six months.

From your point of view, you can use appraisals to tell your staff how you think they are doing. If you are pleased with their performance you can use the opportunity to reinforce their behaviour through encouragement and reward.

If you are not satisfied with their performance you can use the opportunity to help them understand where there is room for improvement and suggest ways in which they might accomplish this improvement.

Be specific. No one likes being told, 'Well, I just think you need to get your act together generally.'

From the employee's point of view an appraisal provides an opportunity to discuss their future with your organization and to raise any issues that might concern them.

It also allows them to vent any frustrations they might be feeling.

Don't be frightened to give them the space to let off some steam. Listen sincerely and objectively to what they say and note any points you think are valid for future action.

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Articles

15th February 2010

Remunerating for profitability

To ensure that wages and salaries are a profit-centre, not a cost-centre, for your business, it helps to tie them into profitability. Here are some ways you can do this. ... More »