Beginning Business Blog

Source:  themajors.net What should you do when an employee leaves. . . and later asks to return? It may be an emotional instinct to react by rejecting their request to return. But why?  If you take it as a personal rejection when an employee leaves, you may be cutting off your own nose to spite your own face. As these studies from the University of Illinois point out employees leaving then asking to return may just be offering you a big compliment to the way you do things.  Perhaps they thought they'd be better off elsewhere only to find they were well off where they started.  Not a bad message for other employees to hear if nothing else. Boomerang Employees   Organizations of all types are beginning to recognize and embrace the value of recruiting and welcoming back former or boomerang employees. From infantry soldiers to chief executives, accountants and professional basketball players, many organizations proactively recruit and rehire former employees as a way t

Non-work orientations are related to higher career  and life satisfaction The study shows that the salaries of people who have strong non-work orientations are not negatively affected. In addition, they are happier with their career and with life in general. When planning a career, many people take non-work orientations into account, such as family, personal interests and civic engagement. Psychologists from the University of Bern (Switzerland) have found out that people who strongly consider the role of the family in career planning report more satisfaction with their career and their lives in general. Surprisingly, non-work orientations also showed no negative effects on earnings. People differ greatly in terms of how much they consider nonwork roles, such as family, personal interests and civic engagement when making career decisions and planning their career. Up until now, it was unclear how the consideration of nonwork roles affect career success and satisfaction

next-invest.ru One facet of the mythology about today's entrepreneurs is that they are major risk takers.  But are they?  This study goes against this stereotype, pointing out that many entrepreneurs take very reasonable risks after considering the costs to their lives. Over the years I've read studies that point out that many true entrepreneurs are cautious about their decisions to go into business, often working full and part time jobs for the first year or two of their enterprise. Here's the report on the study: Entrepreneurs Are Not Overconfident Gamblers L eaving one's job to become an entrepreneur is inarguably risky. But it may not be the fear of risk that makes entrepreneurs more determined to succeed. A new study finds entrepreneurs are also concerned about what they might lose in the transition from steady employment to startup. Suggested reading click on image In "Entrepreneurship and Loss-Aversion in a Winner-Take-All Society,&quo

Source: becauseirocklikehell.tumblr.com R unning a small business is time consuming.  There's so much to do and often so little time in which to do it.  Consider the possibility of your business experiencing computer fraud.  Suppose an employee either deliberately or accidently misusing the information on your computer system.  How much time would it take you to clean up the mess?  Could it even put you out of business? Fortunately, Shalini Kesar, a computer scientist at Southern Utah University in Cedar City, has devised an anti-fraud strategy for business that is straight forward and effective. Suggested reading click on image "Computer fraud can result from incompetence, ignorance, negligence in the use of Information Technology or deliberate misappropriation by individuals," says Kesar. This results in the destruction of not only the main information systems but also backup systems, causing damages up to hundreds and thousands of dollars. Kesar points o

I f you currently operate a store or website that sells wedding gifts, you’ve probably noticed a pattern in the gift selection your customers make. If you’re thinking of opening a retail store or site and considering offering gifts, there is a pattern in the purchases people make of which you should be aware. According to research published in 2013 in the International Journal of Electronic Marketing and Retailing, how you select stock price points effects your overall success.  If you think, "I'll offer both expensive and inexpensive gifts," you're on the right track, but you should consider how people purchasing off of gift registries behave.  It's a little more complex than just expensive and cheap. According to a statistical analysis of the gift "fulfillments" at 500 online wedding gift registries, “wedding guests are caught between a rock and a hard place when it comes to buying an appropriate gift for the happy couple.” The rock is the

W ho was Lucrezia Borgia?  Tradition has it that she may have poisoned her second husband, Giovanni Sforza.  Rumor of the day had it that Lucretia had incestuous relations with both her father, Rodrigo Borgia, later Pope Alexander VI, and her brother, Cesare Borgia.   What is know for certain is that Lucretia was the illegitimate daughter of Rodrigo, then a cardinal of the Catholic Church, and his mistress,  Vannozza dei Cattanei.  It is known that she was married three times, the first being annulled as never being consummated (despite her giving birth a few months after the annulment).  The second marriage ended in the death of her husband, Giovanni, and her third to  Alfonso d'Este, son of the powerful Duke of Ferrera.  This was also to be Alfonso's third marriage, which ended when Lucrezia dies ten days after she gave birth to a stillborn daughter.  She also had affairs (as did her husbands) with several political figures of the day, and even gave birth to the

" Elite job prospects likely steer clear of potential employers they don't trust ." I t's a common practice for employers, from the very large to the very small, to screen the Facebook, MySpace and other social media sites of job prospects as part of the hiring process. Research from North Carolina State University is clear that this practice is likely to backfire by alienating the very prospects you most want to staff your business. In some cases, social media screening even increases the likelihood that you could find yourself in court, defending yourself. "The recruiting and selection process is your first indication of how you'll be treated by a prospective employer," says Will Stoughton, a Ph.D. student at NC State and lead author of a paper describing the research. "If elite job prospects feel their privacy has been compromised, it puts the hiring company at a competitive disadvantage." The results of two studies In the first st