Payroll fraud is a common problem that affects businesses of all sizes. Ghost employee payroll fraud is one of the most pernicious variants, causing significant financial losses, and often going unnoticed for months. Ghost employee payroll fraud occurs when a non-existent employee is added to the payroll system. The fraudster collects the paychecks made out to the non-existent employee. In the sections below, we will discuss five tips that can help business owners detect and prevent this costly form of payroll fraud.
Read MoreCultivating a strong organizational culture isn't easy, but it is imperative if you want to foster employee growth and retention. One report found that employees with high levels of trust in their company are almost three times as likely to stay with the organization for five years or more. It's no secret that positive company culture can significantly impact employee retention, productivity, and hiring efforts. Collaborative company culture makes your team feel more connected and enables them to work better together and produce higher-quality work in a shorter amount of time.. Cultivating an ideal corporate culture takes time, effort, and planning. Fortunately, there are several ways you can start improving your employee training and company culture today..
Read MoreHaving motivated and productive employees will significantly benefit the company in numerous ways. An essential part of any company’s retention strategy is its rewards system. Making sure that your star employees stick around can help your business, making you more successful and help with both employee engagement and retention. This is why, in this article, we will be looking at how you can improve your employee rewards system. We will also look into how doing these things will help you boost your employees' motivation levels.
Read MoreWould you consider yourself happy at work? If you answered no, then you should seriously consider the reasons you aren’t happy in your job role and figure out how to change that. If you can’t, maybe you should think about getting a new job altogether. Maybe we should've started on a positive point, seen as this is all about being happy! So, let's make a change quick. Let's look at all the reasons why being happy at work, well, works.
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