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Write You - Why Bother to Have an Employee Handbook?
How to Inform Employees When You Sell a Business ne of the main reasons companies invest in employee handbooks is to protect themselves from future lawsuits. In today’s litigious environment, you have to be prepared for the worst. If your human resource policies are well documented in a handbook, you will be in a stronger position to defend your company. Don’t wait until you are in the unfortunate situation of having your employer/employee relationship go south to test this theory.What is the best way to inform employees when you sell your business? Wait until the transaction is a done deal.After many years of representing people who want to sell their businesses, experience has taught me that complete confidentiality about any thoughts of selling are in the best interests of every business owner. Consequently, the best time to make any announcements about selling will be on the afternoon of the day your transaction closes. That announcement should be well rehearsed and should include a personal introduction of the New Owners.The meeting should be planned in advance so that 100% of all employees are in attendance. Is Franchising for Me Employee handbooks are no longer just for large organizations. If you have more people in your company than fingers on your hands then it’s time for an employee handbook.Franchises are one of the fastest-growing types of businesses in the U.S. and can be purchased for as little as a few thousand dollars, to over a million dollars. There are franchises for all kinds of products and services—food, pet grooming, massage services, auto repair, etc. Although exact statistics are hard to find, they also tend to have a higher success rate than independent businesses that are not franchises.Although franchises tend to have higher success rates, they also have risks , and can fail for any number of reasons like any other business. You must investigate Joe’s Restaurant Franchise just as thoroughly as Joe’s Loca You might ask, “But why do I need one when lots of companies that are larger than mine don’t have one?” Here are some reasons why owners and CEO’s choose not to introduce an employee handbook into their organization: · If I put it in writing I’ll actually have to adhere to the policy. Has this ever happened to you? Have you ever worked in an organization that didn’t have an employee handbook? As the owner or manager, you may have felt relieved to have escaped all of that bureaucracy. That was until someone approached you with a question on company policy that you couldn’t answer. Oh sure, you could have made up a response but you knew your employee would go back and compare notes with his co-worker. Now if only you could remember what you told the other employee. Scenarios like this happen every day in organizations that don’t have formalized human resource policies. Having a well-written employee handbook can help your organization avoid situations like this. But a handbook can do so much more for a company if it’s done right. Protection Let’s not kid ourselves. One of the main reasons companies invest in employee handbooks is to protect themselves from future lawsuits. In today’s litigious environment, you have to be prepared for the worst. If your human resource policies are well documented in a handbook, you will be in a stronger position to defend your company. Don’t wait until you are in the unfortunate situation of having your employer/employee relationship go south to test this theory. Little Known Facts About Why Home Businesses Fail ly have to adhere to the policy.So you want to be a self made millionaire and you have started a home based business with a company but somewhere along the hype line you have lost your way.Where is that we as home based business owners go wrong? And why do we give up so easily thinking it is not worth it? Why is the dream of becoming a self employed millionaire easily thrown away and believed to be a false expectation and unreachable realization."A cause can never create a result greater than itself." If you simply have a dream or a vision of becoming a millionaire, you need to ask yourself this; have you applied the faith and used the proper methods on a constant manner · To me it’s a game. I like to see if I can answer the same question over and over again with the same answer. Good for the memory. · I prefer face-to-face interaction, particularly when I’m trying to leave the office for an important client meeting. · Things have been working out great. Why change them now? · Handbooks are way too corporate. · I’ve never been sued-- Excuse me, I need to take this call from my attorney. Has this ever happened to you? Have you ever worked in an organization that didn’t have an employee handbook? As the owner or manager, you may have felt relieved to have escaped all of that bureaucracy. That was until someone approached you with a question on company policy that you couldn’t answer. Oh sure, you could have made up a response but you knew your employee would go back and compare notes with his co-worker. Now if only you could remember what you told the other employee. Scenarios like this happen every day in organizations that don’t have formalized human resource policies. Having a well-written employee handbook can help your organization avoid situations like this. But a handbook can do so much more for a company if it’s done right. Protection Let’s not kid ourselves. One of the main reasons companies invest in employee handbooks is to protect themselves from future lawsuits. In today’s litigious environment, you have to be prepared for the worst. If your human resource policies are well documented in a handbook, you will be in a stronger position to defend your company. Don’t wait until you are in the unfortunate situation of having your employer/employee relationship go south to test this theory. Five Essential Leadership Traits: The Story Of Martha Stewart From Kmart To Macy's e me, I need to take this call from my attorney.It was not long ago that Martha Stewart Living Omnimedia (MSLO) seemed doomed to failure. Kmart, its largest outlet for licensed household products, was in Chapter 11 and closing hundreds of stores. Its magazine was being challenged by the new upstart competitor by rival Rosie O’Donnell. Major television stations were canceling their daily show and critics were saying the show wouldn’t finish the season. Their company leader was ordered to resign by the Securities and Exchange Commission. Yet most devastating, Martha was headed to jail.With plunging sales, vanishing profits, and stock prices falling, few gave the domestic diva’s business much chan Has this ever happened to you? Have you ever worked in an organization that didn’t have an employee handbook? As the owner or manager, you may have felt relieved to have escaped all of that bureaucracy. That was until someone approached you with a question on company policy that you couldn’t answer. Oh sure, you could have made up a response but you knew your employee would go back and compare notes with his co-worker. Now if only you could remember what you told the other employee. Scenarios like this happen every day in organizations that don’t have formalized human resource policies. Having a well-written employee handbook can help your organization avoid situations like this. But a handbook can do so much more for a company if it’s done right. Protection Let’s not kid ourselves. One of the main reasons companies invest in employee handbooks is to protect themselves from future lawsuits. In today’s litigious environment, you have to be prepared for the worst. If your human resource policies are well documented in a handbook, you will be in a stronger position to defend your company. Don’t wait until you are in the unfortunate situation of having your employer/employee relationship go south to test this theory. Top Ten Networking Strategies To Get A Job, A Promotion, Or Make A Sale go back and compare notes with his co-worker. Now if only you could remember what you told the other employee.Whether you are networking to find a new job opportunity, gain a promotion, or close a sale, you have two main goals with the networking interaction:1. To be remembered so that when opportunities appear, people will think of you as the perfect person to handle things,2. To be referred to others who can give you insight into these opportunities.Your overall goal of course is to get a job, make a sale, or gain more business -– but it is these two steps that lead really effective net workers to the jobs, careers, and opportunities they want. What effective net workers understand is that they don’t need to ask for anything except advice Scenarios like this happen every day in organizations that don’t have formalized human resource policies. Having a well-written employee handbook can help your organization avoid situations like this. But a handbook can do so much more for a company if it’s done right. Protection Let’s not kid ourselves. One of the main reasons companies invest in employee handbooks is to protect themselves from future lawsuits. In today’s litigious environment, you have to be prepared for the worst. If your human resource policies are well documented in a handbook, you will be in a stronger position to defend your company. Don’t wait until you are in the unfortunate situation of having your employer/employee relationship go south to test this theory. Entrepreneur Schools ne of the main reasons companies invest in employee handbooks is to protect themselves from future lawsuits. In today’s litigious environment, you have to be prepared for the worst. If your human resource policies are well documented in a handbook, you will be in a stronger position to defend your company. Don’t wait until you are in the unfortunate situation of having your employer/employee relationship go south to test this theory.Students aspiring to become successful in business have a wide variety of the best schools for entrepreneurs to choose from. Some people naturally have a flair for being successful in business and they enroll in these schools to hone their skills and learn to make better use of any opportunity presented to them.There are so many students bringing in so much revenue that the best schools for entrepreneurs keep competing with each other to better their standing in the best schools’ rankings. They offer better-structured programs, student support systems and top-notch faculty to attract students. It has to be acknowledged that students need business Playbook Sending a manager out to the front lines without an employee handbook is a lot like sending your quarterback onto the playing field without a playbook. The only thing you can bet on is chaos. Can you really expect your managers or team members to play by the rules if you don’t tell them what they are? Comprehensive employee handbooks ensure that everyone knows the rules of the game before they go into the field. Setting Expectations There is a lot of talk about ethics lately and with good reason. What better place to reinforce your code of ethics then in your employee handbook. To avoid becoming tomorrows Tyco, place your code of conduct front and center. Performance expectations are vital to the success of any organization. Use this platform to provide a brief overview of how your organization rewards and recognizes excellent performance. Tooting your horn We can’t tell you how many times we hear from our clients that employees don’t appreciate everything they do for them. We respond by asking our clients if they think their employees even know what’s being provided for them. The response is often a shrugging of the shoulders. We then ask our clients to explain their employee benefits to us as if we were one of their employees. Too often they are unable to do so. We then point out that if they are unable to do this what makes them think their managers should be able to do this. Employee handbooks are a great way to communicate the benefits of working for your firm. You don’t have to go into extensive details regarding all of your benefit plans, but it does make sense to remind employees you have their welfare in mind. After all, if you don’t toot your ow
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