According to the U.S. Department of Labor, the average cost for each bad hire can equal 30 percent of that individual's annual earnings.
This is not a decision taken lightly by any experienced manager, but is an understood necessity in growing a successful organization.
In this article, we will provide insights on key questions/indicators that suggest it is time to bring on additional employees and important steps we should take before making any hiring decisions.
You are absolutely slammed, rushing between emergencies, trying to get any of your million tasks done, and wondering how you will make it through this day. Then, someone asks you to handle a project you definitely do not have time for and you say “yes”. Immediately you hate yourself and are asking why in the world you ever agreed?!?
This is a common story for so many managers. We worry about the perception of others if we claim to have too much on our plate. At being perceived as lazy, or as if we do not have everything under control.
In this article, we will discuss confronting these feelings and the vast benefits of that one magic word "No".
More often than not we as managers are faced with an unhealthy work-cycle where we wake up having more on our plates than we did the day before and battle interruptions from 8 to 5 rather than completing our work.
If you are struggling with a constant stream of emergencies on top of an overwhelming workload and are just looking for some relief, give this episode a listen and/or read through the below summary of this podcast feature of The Manager's Journal.
The act of firing an employee is never easy. Even the most experienced managers lose sleep over it. It’s almost impossible to eliminate emotion from these difficult decisions, even when they make all logical sense.
This can be softened by implementing one truth: An employee should never be surprised at being fired. Read that again. This is the largest point and lead domino for the article. If we fail on this front we expose not only an issue with our management skill but also problems with our company systems.
In this post, we will cover some policies that can be implemented to make this process more cut and dry for managers as well as some of the signs that indicate it may be time to let that "good enough" employee go.
We all struggle at life from time to time, often more than we care to admit. We go through times where we feel we are failing at one or more aspects of life. If we succeed at work, we are neglecting family. If we are being great family people, we are finding no time for friends/hobbies. And if we are spending time with friends, we just can’t get in that simple workout we want…
No matter what we try “work-life balance” seems to be just out of reach. That illusive experience. We just haven’t found that perfect 50/50 blend yet. It should be just over the next obstacle.
“Work-life balance” is a flawed principal from the start for two main reasons. 1.) It is impossible to truly separate life into individual pieces. 2.) To do so immediately puts them in opposition to one another eliminating any possibility of “balance”.
What are we to do with this information? How can we live happier lives in conjunction with these facts rather than in spite of them?
According to research by the University of Scranton, a shocking 92 percent of people that set new year's goals never actually achieve them.
These unachieved goals take a toll on people. If you are reading this article, you are likely a "Type A" personality focused on achievement, like most in The Manager's Journal community. We are wired in such a way that hard work is typically our go-to tool and failing at anything is a fear that we live with and, at times, feel the sting of.
For these reasons, we can consume all the articles set in front of us on the subjects of increased productivity or technical information to improve our abilities at work. However, if we are not taking to heart a deep understanding of purpose and goal setting, our personality types lead us to utilize this additional time and knowledge to load in more and more work.
In this article, we will address tips and tricks for better improving your goal setting and achieving abilities. Further, we will discuss the concept of aligning goals for the big picture in your life. This is the only way a "Type A" personality can prevent defaulting to a cycle of ever-increasing workloads.
According to recent research, the average adult makes approximately 35,000 decisions a day. These range from small average decisions like what clothes to wear to, in the case of business managers, large decisions such as what assets to acquire or how to restructure our organizations to maximize potential.
Each decision made requires information input for the best conclusions. So, it is vital to maximize the data-to-decision process and understand the effects information overload has on decision-making, learning/retention and overall well being.