Make Your Company A Great Place to Work

Enjoy the benefits of contented, long-term employees. Avoid the sting of failed hires and early departures. What are the common factors that make great places to work?

This panel will identify the key factors that retain happy employees and build great places to work. The panelists will give you a better understanding of how to attract and retain fresh talent in the “gig economy”.

10 Most Successful Shoe Brands in History: The Legends Who Took Footwear to New Heights

In this blog post, we’ll look at some of the most successful shoe brands in history. These companies and designers have taken footwear to new heights, innovating and creating iconic styles that have gone on to become wardrobe staples for millions of people worldwide.

So without further ado, let’s get started!

Nike – US

Nike is one of the most successful shoe brands in the world. The company was founded in 1964 by Bill Bowerman and Phil Knight, and it has since become an iconic global brand. Today, Nike is worth an estimated $28 billion, and it sponsors some of the biggest names in sport, including LeBron James, Cristiano Ronaldo, and Serena Williams. Nike shoes are known for their quality, durability, and style, and the company’s range includes everything from running shoes to basketball shoes to skateboarding shoes. Nike’s slogan is “Just Do It” and its Jordan brand is one of the most famous lines of sneakers ever released. Nike shoes are worn by athletes at all levels of competition, from amateur weekend warriors to professional superstars. Whether you’re looking for a new pair of running shoes or want to be able to say you own a pair of Nikes, the brand offers something for everyone.

Adidas – Germany

Adidas is one of the most successful shoe brands in the world. The German company has been making quality sneakers for over half a century, and athletes and everyday people alike wear its shoes. Adidas shoes are known for their durability, comfort, and style; the brand has become synonymous with quality footwear. In recent years, Adidas has expanded into other areas such as clothing and accessories, maintaining its position as a leading fashion brand. With its innovative designs and commitment to quality, it is no wonder that Adidas is one of the most successful shoe brands in the world.

Kering – France

Kering is a French multinational conglomerate company specializing in designing and producing luxury goods. The company was founded in 1963 by François Pinault and is currently owned by his son, François-Henri Pinault. Kering’s portfolio of brands includes Gucci, Saint Laurent, Bottega Veneta, Alexander McQueen, Balenciaga, Bruno Magli, Christopher Kane, Stella McCartney, TOM FORD, Boucheron, Dodo, Pomellato, Qeelin, Ulysse Nardin, Girard-Perregaux, and JeanRichard. Kering has a strong presence in the European market with over 2,000 stores across Europe.

Kering’s shoes are renowned for their quality and style, and the company has earned a reputation for being one of the most successful shoe brands in the world. In recent years, Kering has expanded its operations into Asia and the Americas and now has a significant presence in both regions. With its strong portfolio of brands and its commitment to excellence, Kering is well-positioned to continue its growth in the global marketplace.

VF Corp – US

VF Corp is an American multinational corporation based in Greensboro, North Carolina, that designs, manufactures, and markets various apparel, footwear, and other products. The company’s portfolio of brands includes Vans, The North Face, Timberland, and Kipling. VF Corp was founded in 1899 as the ReadingGlove and Mitten Manufacturing Company. The company has since expanded through a series of acquisitions, including purchasing Vans in 2004 and The North Face in 2000. Today, VF Corp is a global leader in the apparel and footwear industry, with a strong presence in brick-and-mortar retailers and online channels. The company’s focus on innovation and its commitment to quality has helped it build a loyal following among consumers across the globe.

Thanks to its diverse portfolio of brands, VF Corp has weathered the COVID-19 pandemic relatively well. While other apparel companies have seen significant declines in sales, VF Corp has maintained a steady growth trajectory. This is partly due to the company’s focus on e-commerce and direct-to-consumer sales. In addition, VF Corp’s brands are popular among Gen Z and Millennial consumers, who the pandemic than older age groups has less impacted.

Skechers – US

Despite its humble beginnings as a small-time California shoemaker, Skechers has become one of the most successful shoe brands in the world. Thanks to its innovative designs and broad appeal, Skechers has enjoyed steady growth since it was founded in 1992. Today, the company sells its shoes in more than 170 countries and has become a global fashion powerhouse. While Skechers is best known for its casual sneakers and athletic shoes, the brand has expanded into other areas recently, including sandals, boots, and even dress shoes. No matter what type of shoe you’re looking for, Skechers has something that will fit your needs. With its impressive track record, it’s no wonder that Skechers is one of the most successful shoe brands in the world.

New Balance – US

Though New Balance began as a Boston-based arch support company in the early 1900s, it wasn’t until the 1960s that they started to produce shoes. To appeal to a broader range of customers, they offered various widths and sizes that were not commonly seen at the time. This differentiated them from other shoe brands and helped them gain a loyal following. They also began sponsoring athletes in various sports, including running, tennis, and basketball. This increased its visibility and helped solidify its reputation as a high-quality shoe brand. In the 1980s, they introduced their “Encap” technology, which provided additional support and durability. Today, New Balance is one of the most successful shoe brands in the world, with a wide array of products for both men and women.

Burberry – UK

Burberry is a British luxury fashion house founded in 1856. The brand is best known for its iconic trench coats, made from trademarked gabardine fabric. The company has a long history of outfitting members of the British Royal Family, and its clothing has been worn by everyone from Sir Winston Churchill to Kate Middleton. In recent years, Burberry has expanded beyond outerwear and now offers a full range of clothing, accessories, and fragrances for men, women, and children. The brand’s shirts, pants, dresses, and shoes are among the most popular items in its collections. Burberry’s shoes are especially sought-after for their combination of style and comfort. The brand offers casual and formal footwear for men and women, and its boots are often seen on the red carpet. With its combination of classic British style and modern sensibility, Burberry is one of the most successful shoe brands in the world.

Asics Corp – Japan

Asics is a Japanese international enterprise that creates footwear and sports gear invented for a wide range of sports, generally in the higher price range. The name is an acronym for the Latin phrase anima sana in corpore sano, which translates as “a healthy soul in a healthy body”. In recent years their running shoes have been very popular with marathon runners and triathletes. In addition to running shoes, Asics manufactures tennis shoes, court shoes, and wrestling shoes. They sponsor many high-profile athletes in various sports, and professional and amateur athletes commonly wear their products. Thanks to its commitment to quality and innovative design, Asics has become one of the most successful shoe brands in the world.

Fila – South Korea

Fila is a South Korean company that designs and manufactures sportswear. It was founded in 1911 by Eun-jae Lee and is currently headquartered in Seoul. The company’s products are designed for professional and amateur athletes, including apparel, footwear, and accessories. Fila has been worn by some of the world’s top athletes, including tennis players Serena Williams and Andre Agassi. In recent years, the company has also expanded into the casual wear market, with its products being worn by celebrities such as Justin Bieber and Kendall Jenner. Fila is now one of the most successful shoe brands in the world, with a presence in over 80 countries.

Wolverine Worldwide – US

Wolverine Worldwide is an American footwear company dating back to 1883. The company is known for its outdoor and workwear-inspired styles, offering a wide range of footwear for men, women, and children. Wolverine Worldwide’s most popular brands include Wolverine, Keds, Sperry Top-Sider, Stride Rite, Merrell, and Saucony. The company owns several high-end brands, such as Bates and Hush Puppies. Wolverine Worldwide has a strong presence in the United States, but it also sells products in over 190 countries worldwide. The company’s shoes are designed to be durable and comfortable, and they are often used for hiking, running, and other activities. Wolverine Worldwide is one of the most successful shoe brands in the world, and it shows no signs of slowing down.

 

There are many successful shoe brands worldwide, but these three are some of the most iconic and well-known. Thanks to their commitment to quality and innovation, these brands will continue to be successful for years. Thank you for reading! I hope you enjoyed learning about these three successful shoe brands.

What is Consulting? What Can a Consultant Do For You?

Have you ever been curious about what consulting is? Perhaps you’ve heard of people hiring consultants to help them with a specific task or problem, but you’re unsure what that entails. In this blog post, we will discuss the definition of consulting and what a consultant can do for you and your business. We’ll also provide some examples of popular consultant services to get a better idea of what they can offer.

So, what exactly is consulting? Consulting is defined as providing professional advice to businesses or individuals by experts in a particular field. In other words, consultants are hired to offer their expert opinions and guidance on various topics. This could be anything from financial planning to marketing strategy to product development.

There are also many different ways that consultants can help you. They can conduct research, develop plans and strategies, provide training and support, and more. If you need help with your business, a consultant can probably assist you.

There are many reasons why you might choose to hire a consultant. Maybe you’re starting a new business and need some help getting it off the ground. Or perhaps your existing business is facing some challenges, and you’re not sure how to solve them. Either way, a consultant can provide invaluable insights and assistance.

Now that we’ve answered the question “what is consulting,” let’s look at some of the most popular services that consultants offer.

You should hire a consultant if you need help with:

Strategic Planning: This process helps organizations set goals, identify risks and opportunities, and create a plan of action to achieve their objectives. A consultant can help you develop a strategic plan for your business.

Organizational Change: If your business is going through some changes, a consultant can help you manage the transition effectively. This could include anything from downsizing to relocating to implementing new technologies.

Project Management: consultants can help you plan, execute, and monitor projects to complete on time and within budget.

Training and Development: If you need to train your employees on new software or processes, a consultant can design and deliver an effective training program.

You don’t need a consultant if:

You have a small, straightforward problem: If you have a relatively small and simple issue, you may not need a consultant. You can often solve these types of problems yourself or with the help of your employees.

You’re on a tight budget: Consultants can be expensive, so if you’re working with a limited budget, you may want to consider other options.

You don’t have time for it: Hiring a consultant takes time and effort. If you’re already stretched thin, you may not dedicate yourself to finding and working with a consultant.

These are just a few examples of the many services that consultants can provide. If you’re not sure whether or not you need a consultant, ask yourself if there is an area of your business that could benefit from some expert advice. If so, then it’s probably time to give consulting a try.

 

Types of Consultants

Management Consultant

One of the most common types of consulting is management consulting. Management consultants help businesses optimize their operations and improve their performance. They may also help with workforce planning, organizational design, change management, etc.

Financial Consultant

Another popular type of consulting is financial consulting. Financial consultants help businesses manage their finances more effectively. This could involve developing financial plans, analyzing investment opportunities, reducing costs, etc.

Marketing Consultant

Marketing consulting is another service that consultants often provide. Marketing consultants help businesses develop and implement marketing strategies. This could involve creating advertising campaigns, designing marketing materials, developing social media plans, etc.

Operations Consultant

Operations consulting is another popular type of consulting. Operations consultants help businesses improve their efficiency and effectiveness. This could involve streamlining processes, developing new methods, implementing technology solutions, etc.

IT Consultant

IT consultants are another type of consultant that businesses often hire. IT consultants help companies with their information technology, including things like hardware, software, networking, security, etc.

Human Resources Consultant

Human resources consulting is another service that consultants often provide. Human resources consultants help businesses with their human resources management, including things like recruiting, training, employee relations, etc.

Strategy Consultant

Strategy consulting is another consulting that businesses often hire. Strategy consultants help businesses develop and implement effective business strategies. This could involve anything from market analysis to competitive analysis to product development.

Famous Consultants

Now that you know a little more about what consultants do, you might be wondering who some of the most famous consultants are. Here are just a few of the most well-known:

McKinsey & Company is a management consulting firm that was founded in 1926. McKinsey has worked with some of the biggest companies globally, including General Electric, IBM, and Microsoft.

Boston Consulting Group is another well-known management consulting firm. Boston Consulting Group was founded in 1963 and has worked with many Fortune 500 companies, such as Coca-Cola and Procter & Gamble.

Bain & Company is yet another top management consulting firm. Bain was founded in 1973 and has also worked with many major corporations, such as Apple and Walmart.

These are just a few of the most prominent consulting firms in the world. But there are many, many more. If you’re interested in hiring a consultant for your business, you should have no trouble finding a good fit for you.

How to Choose a Consultant

Now that you know more about what consultants do and who some of the most famous ones are, you might be wondering how to choose a consultant for your business. Here are a few tips:

First, think about what area of your business needs help. Do you need assistance with management? Marketing? Finance? Once you’ve identified the area that needs help, you can start looking for consultants who specialize in that area.

Second, look at the different consultants available and compare their services. What do they offer? How much do they charge? Make sure to get quotes from multiple consultants before making a decision.

Finally, ask for references. Talk to other businesses that have used the consultant’s services. Find out if they were happy with the results. Once you’ve done your research, you should choose the right consultant for your business needs.

As you can see, consultants can provide a wide variety of services. And this is just a tiny sampling of the most popular types of consulting. If you need assistance with anything related to your business, chances are a consultant out there

Complete Guide on the Aviation Industry: Everything You Need to Know

The aviation industry is a complex and fascinating world. It’s a constantly changing field, making it challenging to keep up with the latest news and developments. This guide will provide you with everything you need to know about the aviation industry. We’ll discuss aviation history, then move on to the different types of aircraft and airlines. Finally, we’ll talk about the future of aviation and what changes we can expect in the coming years.

The aviation industry has come a long way since its humble beginnings. The first powered flight took place in 1903, and since then, the aviation industry has grown exponentially. Today, over 28,000 commercial airlines are operating worldwide, carrying over four billion passengers each year. The global air cargo market is also booming, with over $50 billion worth of goods transported by air each year.

The aviation industry is fascinating because of its size and scope and the variety of aircraft and airlines that it comprises. There are two main types of planes: fixed-wing and rotary-wing. Fixed-wing aircrafts are the most common and include commercial airplanes like the Boeing 747 and the Airbus A380. Rotary-wing planes, also known as helicopters, are less common but are still an important part of the aviation industry. Some of the world’s largest airlines, such as Delta and United, operate both aircraft types.

The future of aviation is looking bright, with new technologies and developments constantly being made. One of the most exciting things to come out of the aviation industry is the development of electric aircraft. These environmentally-friendly aircrafts are powered by batteries and don’t produce any emissions. Electric planes are still in the early stages of development, but they have the potential to revolutionize the aviation industry.

Jobs in the Aviation Industry

Pilot

Pilots are responsible for flying aircraft and ensuring the safety of passengers and crew. They must have a thorough understanding of aviation regulations and procedures and be able to make quick decisions in emergencies. Pilots typically undergo extensive training before being licensed to operate an aircraft. In addition to piloting duties, they may also be responsible for planning flight routes, performing maintenance checks, and keeping logbooks.

Some pilots also work as flight instructors, teaching new students the skills they need to become licensed pilots. Pilot job descriptions, responsibilities, and requirements generally require a high school diploma, although some airlines may prefer applicants with a college degree. Candidates must also pass a physical examination and complete a rigorous training program. Once licensed, pilots must conduct periodic recertification tests to maintain their skills.

Air Traffic Controller

Air traffic controllers are responsible for the safe, efficient, and orderly flow of air traffic. They work in control towers, route centers, and approach control facilities. Air traffic controllers clear aircraft for take-off and landing and direct them around airports. They monitor plane on radar screens and give pilots instructions on altitudes, speeds, and headings to maintain separation between aircraft.

Air traffic controllers coordinate pilot requests with other air traffic, weather conditions, and airport facilities. They also inform pilots of any potential hazards along their route. The job of an air traffic controller is demanding and requires split-second decision-making. Air traffic controllers must have a high school diploma or equivalent, although many have a college degree, and must complete a training program at the Federal Aviation Administration Academy. They must also possess superb communication, coordination and problem-solving skills.

Flight Attendant

As a flight attendant, your primary responsibility is to ensure the safety and comfort of passengers onboard. You will act as a liaison between passengers and the pilot, communicating important information about the flight and acting as an ambassador for the airline. Additionally, you may be required to assist with loading luggage and other cargo, serving food and beverages in-flight, or assisting passengers who need it due to disabilities or mobility issues.

To be eligible for this position, you must be at least 18 years old and have a high school diploma or equivalent. Additionally, you should have strong interpersonal skills, excellent communication abilities, and sound judgment when faced with challenging situations. Prior experience in customer service is also highly desirable for this position. If you are interested in pursuing a career as a flight attendant, start by researching existing openings online or reaching out directly to airlines in your area that may be hiring. You could soon take off on an exciting journey with commitment and hard work!

Aircraft Mechanic

As an aircraft mechanic, your primary responsibility is to maintain the health and safety of commercial aircraft by performing regular inspections and repair work. This involves monitoring the condition of the planes and engines to identify any issues or defects, using a wide range of tools and equipment to carry out repairs as needed, and providing support for other team members as necessary. In addition to these day-to-day tasks, you will also need to adhere to strict safety protocols.

To be successful in this role, you should have a solid technical background with expertise in both mechanics and engineering. Additionally, it would help if you were comfortable working under tight deadlines and in fast-paced environments. If you are passionate about aviation and have excellent problem-solving skills, this could be the perfect career.

Flight service technicians

Flight service technicians, are responsible for a wide range of duties before, during and after flights. They may be accountable for checking aircraft engines and other systems, loading baggage and cargo, fueling the aircraft, and performing other necessary tasks. In addition, they may also be responsible for providing information and assistance to passengers before and during the flight.

Flight service technicians must work well under pressure and maintain a high level of professionalism at all times. They must also have a strong understanding of aircraft systems and be able to troubleshoot problems quickly and effectively. Some flight service technicians may also be responsible for assisting in emergencies. Flight service technicians’ specific duties and requirements will vary depending on their employer and the type of aircraft they are working on.

Airline Reservation Agent

As an airline reservation agent, your primary responsibility will be to help passengers to book flights and select their seat assignments. You will also assist passengers in changing or canceling their reservations and providing them with general travel advice and information about their flight.

To be successful in this role, you should be familiar with the different types of available flights and itineraries and the policies and procedures governing these flights. Additionally, you should have excellent communication skills and a strong customer service orientation, and basic computer skills for using booking systems. You should have at least a high school diploma or equivalent to be considered for this position.

Prior experience in a customer service role is also preferred but not required. This could be the ideal career choice if you are organized, driven, and passionate about working with travelers.

Business Trends in 2022: Predictions from Industry Experts

The next decade is shaping up to be an exciting one for businesses. Here are some predictions from industry experts on what trends we can expect to see in 2022:

Blockchain, Cryptocurrency, NFT’s

There’s no doubt that blockchain is one of the hottest business trends. This distributed ledger technology has the potential to disrupt a wide range of industries, from finance to supply chain management. And while there’s still a lot of hype around blockchain, there are also some authentic applications for this technology. For example, blockchain can be used to create a more secure and transparent financial system. It can also help businesses to streamline their supply chains and reduce costs. As the blockchain space evolves, we’re likely to see even more innovative applications for this transformative technology.

Cryptocurrency is a digital investment designed to work as a medium of trade that uses strong cryptography to secure monetary trades, control the yield of additional units, and verify the transfer of purchases. Cryptocurrencies are decentralized, not subject to governance or financial institution control. Bitcoin is the primary and most famous cryptocurrency. Cryptocurrencies are frequently exchanged on decentralized arrangements and can also be used to buy goods and services. Some popular cryptocurrencies include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. While cryptocurrency has been touted as a potential game-changer for businesses, some are still concerned about its stability and regulatory compliance. As the use of cryptocurrency continues to grow, it will be interesting to see how it will shape the next generation.

NFTs, or non-fungible tokens, have been gaining popularity in recent months as a new way to buy and sell digital goods. While the concept of an NFT may be confusing to some, the potential applications for this technology are vast. For businesses, NFTs offer a way to create unique digital assets that can be bought and sold like any other commodity. What’s more, NFTs can be used to track ownership of digital goods, preventing fraud and ensuring that buyers receive the products they paid for. With so many potential uses, it’s no wonder that NFTs are becoming one of the hottest business trends of the year.

Artificial Intelligence

Many businesses are now turning to artificial intelligence (AI) to stay competitive. Companies can automate tasks, gather data more efficiently, and make better decisions using AI. For example, customer service chatbots can quickly and accurately handle simple inquiries, freeing customer service agents to deal with more complex issues. AI can also be used to target ads more effectively, increasing sales and reducing marketing costs. In addition, AI can help businesses track and predict trends, giving them a crucial edge in today’s rapidly changing marketplace. As AI becomes more sophisticated, more businesses will likely adopt this technology to stay ahead of the competition.

Renewable Energy

As the world becomes increasingly aware of the need to reduce our reliance on fossil fuels, renewable energy is becoming an increasingly popular option for businesses. Solar panels, wind turbines, and hydropower are all viable options for generating electricity, and many companies specialize in providing these services. In addition, many businesses are now incorporating green building principles into their operations, using more environmentally friendly and efficient materials. As a result, renewable energy is becoming an essential part of the business world.

Sustainability

Businesses are under increasing pressure to adopt sustainable practices. Sustainability was often seen as an environmental issue in the past, but it has since become clear that it is also an economic and social imperative. Businesses worldwide are already feeling the costs of climate change, and those costs are only likely to increase in the future. As a result, businesses are increasingly incorporating sustainability into their operations. This trend is being driven by various factors, including changes in consumer preferences, new regulations, and the rising costs of raw materials. In many cases, sustainable practices also offer businesses a competitive advantage. As the business world becomes more aware of the need for sustainability, this trend will likely continue to gain momentum.

A rise in purpose-driven brands

We will see many brands focused on positively impacting the world rather than simply selling products or services. This trend is being driven by consumers, who are becoming more and more aware of their purchasing decisions’ social and environmental impact. In addition, purpose-driven brands tend to be more successful and sustainable in the long term. As the world becomes increasingly globalized and connected, we can expect to see more and more businesses focused on making a positive difference in the world.

More personalized experiences

Thanks to advances in technology, businesses will be able to provide more personalized experiences for their customers.

We live in a golden age of technology, and businesses are starting to take advantage of that fact. Thanks to advances in data collection and analysis, companies can now provide more personalized experiences for their customers. This trend will continue in the future as businesses become increasingly adept at using technology to understand their customers’ needs and desires. As a result, we can expect to see more businesses offering customized products and services specifically designed to meet our individual needs. This personalized approach will create a more intimate relationship between customer and companies, ultimately leading to better customer satisfaction and loyalty.

Metaverse and Big Data

Two of the most buzzed-about topics in today’s business world are the Metaverse and Big Data. The Metaverse is a virtual world that incorporates all aspects of the internet, including social media, gaming, commerce, etc. Big Data is a term used to describe the massive amounts of data generated every day by businesses and individuals. While these two concepts may seem unrelated, they are quite interdependent. The Metaverse provides a platform for businesses to collect and analyze Big Data. In turn, this analysis can generate insights that can help companies improve their operations and serve their customers better. As the Metaverse and Big Data continue to evolve, businesses that can harness their power will be well equipped to succeed in the future.

The rise of electric vehicles

Electric vehicles are becoming increasingly popular, thanks to advances in technology and a growing awareness of the environmental impact of traditional gasoline-powered cars. Electric cars are more environmentally friendly, but they also offer some other benefits, including lower maintenance costs and cheaper fuel costs. As the price of electric vehicles continues to decline, we can expect to see more and more businesses making the switch to this cleaner and more efficient form of transportation.

Final Thoughts

The business world is constantly changing, and it can be difficult to predict what the future will bring. However, by paying attention to current trends, we can get a good sense of where the business world is heading. The trends discussed in this article are just a few of the many likely to shape the business landscape in the years to come. So, whatever the future may hold, we can ensure that businesses will need to adapt and evolve to survive.

 

How to Ask for a Raise

The first key to successfully asking for a raise is to understand the market value of the position you hold, which can be found by talking with recruiters or using job search sites that provide salary information. A reliable source should include the average salary for a given position, the cost of living in different cities, and information about wages in various industries.

Once employees fully understand what they are being paid throughout the industry, they will be able to communicate their worth with employers when requesting a raise. Employees must have this knowledge before negotiating salary because it will give them a clear idea of their value and explain why they deserve higher compensation.

Employees should also prepare for their raised discussion by creating a list of reasons they believe they have been undervalued, including anything that demonstrates their performance exceeds expectations. Employees may even want to develop a list of evidence that employers can use to determine if the employee’s performance justifies a raise.

Employees should not be afraid to challenge their employers when asking for a raise, as it demonstrates confidence and a willingness to improve. However, employees must remember that they are entering formal negotiations, so their approach must always be professional and respectful.

It is also important to remember that salary is only one factor when determining whether or not an employee receives a raise. Other factors can include the position, how long the employee has been with the company, and even personal feelings about the individual.

Employees should not attempt to negotiate salary until they have been at their job for six months or one year if the economy is weak. This allows them time to understand the employer’s goals and expectations better and demonstrate that their performance has met those standards.

Employees should also wait until they have received a performance review, as this will provide them with clear indicators of their value to the employer.

Once employees are confident of their ability to meet or exceed the expectations of employers, ask for an increase in salary during formal reviews or informal conversations. They mustn’t talk to co-workers about their desire for a raise, which can harm how others perceive them.

Employers should never offer employees raises before they can discuss the appropriate salary increase in an annual review meeting.

When employers offer salary increases without being asked, there is no guarantee that the employee will accept the offer since it is not contingent on anything the employee asks for. This can lead to bad feelings between employers and employees.

Employers should never ask their employees what they think is a fair salary increase. This engagement will likely arouse a sense of entitlement within the employee, eroding future performance reviews.

Employers should also avoid asking employees if they have been talking to their friends about salary because it could indicate that they have been discussing compensation with others.

Employers should never give out raises without clear justification.

When employers decide who receives a raise and why they receive it, they become more transparent within the organization, encourage co-workers to produce better work, and prevent some employees from believing they are not being treated fairly.

Employers who are transparent about what is required to increase salaries within their organizations will retain employees by showing that they are committed to rewarding good work.

Employers can determine whether or not employees deserve raises through performance reviews. Employers should openly communicate what the employees need to do to earn a raise in these conversations potentially. If employers decide against giving a raise, they should be prepared to explain their decision based on the evidence from the performance review.

When asking for a raise, employees should always be ready to provide evidence about their performance. This can take the form of numbers, statistics or comparisons between other employees who are being paid more than they are. Evidence to support claims should be verifiable by the employer.

Employees should also avoid asking for raises when employers feel financially restricted because this could indicate the employee doesn’t value the company’s financial situation.

When asking for a raise, employees should ask about salary ranges at their employer to know what may be possible within the organization. Employees mustn’t become argumentative with employers during negotiations because this reduces the likelihood of a raise.

 

When Do You Get a Raise

What determines how often you get a pay raise? Is it your performance, type of job or the employer’s budget at the time?

The first and most obvious answer is your performance. The more you accomplish, the more likely your boss will be willing to reward you with a raise or other compensation.

Your job type can also affect how often you get a pay raise. Generally speaking, those who work as salaried employees such as teachers and managers should see raises more often than those who work as hourly mechanics and waiters.

That’s not to say that you can’t ever get a pay raise if you’re an hourly employee; it just means there may be more obstacles in your way. For example, if the economy is poor and money is tight for most people –including your employer- it will be hard to get a raise. Some employers may even freeze or reduce hourly wages during this time, which is why many people turn to the alternative option of commissions.

On top of your job type and performance, another factor determines how often you get a pay raise: your employer’s budget at the time. While it may seem like a simple answer, it’s the only excuse that no one will fight you on when you ask for a raise and can’t get one. That said, there are ways to make sure your performance is noticed and continues to improve to increase your chances of getting a pay raise.

If you feel like your employer isn’t giving you a fair raise, here’s what to do.

Foremost, determine whether your frustration is based on a lack of understanding or fairness. If it’s the former, understand that your employer has a budget and until something changes within that budget, there won’t be any more money for raises.

However, if it’s the latter, you’ll have to think of a way to show your boss how much more money you can bring in now that you’re better at your job. Some people recommend asking for a raise as soon as possible to avoid losing out on potential money. Others say it’s best to wait until next year or continue performing well and hope for the best.

If all else fails and your employer isn’t budging, ask for a promotion instead of a raise. While it won’t be as personally rewarding as more money, you will still be compensated fairly, and your employer will see your increased value to the company.

Five Ways To Boost Your Sales When The Economy Is Down

In uncertain economic times, it is more important than ever to have a sound strategy in place. It would be best to think about ways to boost your sales and get the most out of every customer interaction. There are many strategies you can employ that will help grow your business even during tough economic times. Here are five of them:

 

  1. Offer discounts on your products to incentivize people to buy.

Do you want to know the secret to how your business can boost sales when times are tough? Offer discounts! You might be thinking that it is a risky move because people will think cheap, but what they do not realize is that an item costing more may seem less desirable. In other words, if customers have options and one of those products costs significantly higher than another product with similar features or qualities, then typically, their choice will not lie in which option cost more.

Reduce inventory while also getting rid of unwanted items by lowering the price for a limited time. Hence, now suddenly, this “risky” decision becomes worth doing since customer interest generated without having any negative impact on profits whatsoever. Now everyone wins.

  1. Give away freebies with every purchase, like a pack of gum or an extra drink at the coffee shop.

This promotion is a great way to get more people in the store and show them how to offer excellent customer service.

The perfect time for giving away freebies with every purchase, on top of what customers are already getting elsewhere, comes when there’s no other place, they could go this week or month that offers something similar—maybe it’ll be worth their while.

  1. Send out coupons in snail mail or email. 

It is essential for business owners and marketers alike to find creative ways of attracting new customers. If you are looking for a guaranteed-to-work way, then try sending out coupons in snail mail or email! With this technique, you will save on printing costs while also cutting down mailing time significantly by piggybacking the coupon onto an existing piece of correspondence. In addition, studies show it can increase customer response rates as well as average order values when compared with other methods such as direct mails sent straight from the company itself without any accompanying items like presents or discount vouchers attached.

  1. Set up a pop-up store near your business location

Opening a pop-up store in the exact location of your business is one of the best ways to boost sales. A pop-up shop will allow you promote new products and increase foot traffic since people are more likely to stop by when they see something that catches their eye. It also provides an easy way out if things go wrong with your current storefront, which can be lucrative during tough economic times. Consumers may not purchase from stores without discounts or deals on items because they are trying save money any way possible!

  1. Consider hiring a marketing agency as they will be able to find new ways for you to advertise.

If you are not getting the sales numbers that you want, consider hiring a marketing agency. Marketing agencies are experts in advertising and communication which can help your company reach its potential customers through various channels such as social media or print ads. Hiring one is an excellent way to get more out of your business.

 

While the economy is still struggling, now may not be a good time to invest in expensive advertising campaigns. Instead of spending money on marketing that you do not need right away, try some cheaper options like discounts or freebies. Remember too that there are plenty of ways to boost your sales when business slows down without having spent any extra budget at all.

From creating online coupon codes and sending them out by snail mail or email, setting up pop-up stores near your location for increased foot traffic, and hiring an agency with expertise in digital marketing and SEO strategies can help drive more sales even during slow economic times.

 

Seven Habits of Great Leaders

Leaders are always in demand, but the quality of leadership can vary greatly. Some leaders were born with natural charisma, and others had to work hard for their success. All successful leaders have a few things in common: they believe they can lead, know that leadership is more than just giving orders, and they never give up on themselves or their team members.

There Many qualities make up a great leader. Some of these qualities include being able to inspire people, motivating them and having the ability to recognize their strengths and weaknesses. There are seven habits of great leaders:

1. Be a good listener.

Listening is a skill even the most successful leaders possess. The best can truly take in what their people have said and offer feedback to implement themselves for improvement.

Listening is not something just anyone can do, but it does seem like an essential life skill if you want to engage with others or be more informed about your world around you!

2. Take care of yourself first.

The habits of great leaders are not all the same, but they do share one commonality: Take care of yourself first. Some take time to meditate or exercise each day, while others will keep a strict work-life balance by scheduling their days off in advance and working with a personal assistant who can help them stay organized and give feedback on how best to lead other people. Whatever your preferred method is for taking care of yourself, you must make sure you are prioritizing this crucial step before anything else when trying to reach new heights at work!

3. Make time for self-care and relaxation.

Great leaders know the importance of self-care and relaxation. They make time for it by scheduling their days, making lists in advance to determine what they need to get done that day, setting achievable goals each week or month – these are just a few ways you can help yourself achieve success while staying sane and healthy!

Outstanding leadership is about knowing oneself well enough, so one does not burn out. One way many successful people choose to stay grounded is through taking care of themselves with regular exercise routines which provide mental as well as physical health benefits like increased energy levels, improved memory function etc., but sometimes we do not have spare time on our hands; this does not mean we should neglect ourselves completely either, though, because there is always room for some relaxing down

4. Get enough sleep every night

The habits of great leaders can summarize as follows: get enough sleep every night. A healthy balance between work and personal life is essential for a leader to maintain his or her energy levels, creativity, drive, judgment skills and ability to focus on the tasks at hand. Staying well-rested will keep your mind fresh, so you can always think strategically about how best to motivate your team

5. Eat healthy food, drink water, and exercise regularly

Many great leaders know the importance of maintaining a healthy lifestyle. Some everyday habits include eating well, drinking water regularly to stay hydrated and staying active with exercise or physical activity. A study conducted by Harvard researchers found that those who eat healthily are more successful than their unhealthy counterparts in various areas such as work productivity and even lifespan!

6. Stay organized with your workspace and schedule

Leaders stay organized by keeping their work environment and schedule in order. They know what tasks need to finish during the day, how long they will take, and where all their required resources place so that they can focus on completing those things without being distracted or having a meltdown because something is missing. A messy workspace means an inefficient space with no clear vision for moving forward, which will lead to procrastination as well as poor organization skills

7) Keep learning new things to stay fresh in your industry or field

There are few constants in this world. Even the greats must adapt their strategy and keep up with change, or they risk becoming irrelevant. There is no use trying to live your life by someone else’s playbook- you need a plan that works for you.

Conclusion:

As a leader, you have the power to motivate and inspire others. These seven habits are just some of the ways that great leaders use their abilities for good. If you want your employees or team members to be motivated by what they do each day, model these seven habits yourself. What is one practice that has helped you as a leader?

New Forecast for Entrepreneurship 2021

The COVID-19 brought many changes to different companies and businesses. There has been a shift to the business landscape. What is the future for businesses in the coming years?

The data below is the various business changes to look out for in 2021 and the following years.

According to CB Insights, the top 5 reasons why startups failed in 2019 are no market need, no more cash, not the right people, outcompeted, and cost issues.

If you are an entrepreneur and you don’t want your business to fall into the trap, best to keep up with entrepreneur trends today.

Here are some entrepreneurship trends:

Business from Home

Many people have chosen to manage jobs from home and keep certain freelance jobs. This is the gateway for entrepreneurship. Many people who start as freelancers end up creating their own consultancy business.

Digital nomadism has come to rise a few years back. It is a type of remote working where the worker lives as a nomad. Nomads can practically work anywhere.

After COVID-19 hit, digital nomadism took a new meaning. Every people were forced to stay at home. Many startup businesses were also forced to revert to where they started. While settled businesspeople will likely utilize more separated workers to man digital touchpoints, online shopping and selling have become prevalent.

Globalized Business Powered by Remote Work

Globalism has been a trend for a couple of years. It is the practice of working with international teams to build, support and expand their business. Some other people believe that globalism is just an option for companies after years of starting.

The globalism trend is a particular sector in media and professional services. It fits the knowledge economy. In the coming years, globalism will essentially continue to be the norm in top-performing business.

Mobile Commerce

Due to the pandemic hit, many consumers are glued to their phones. Entrepreneurs take this action to their advantage. Just like digital nomadism and globalism, the internet paved the way for better mobile trade. Now, businesspeople can lead to being more competent even in the comfort of their homes.

Social Commerce

Social commerce is the use of social media as a medium to give and receive feedback. It creates an in-person digital marketplace. Social networks will provide their users with new tools for social selling, just like what is happening now.

The Continuous Rise of Subscription Based-Business

The rise of subscription-based models for established business and newer ones will likely be worth 11.1 billion dollars by 2027. Today, subscription-based models have become the trend as it is picking up more steam. Music, movie, planned meals, and local gyms have a subscription-based scheme.

Let’s take the example of Amazon. The company is performing well because of the Prime subscription service. Many brands have changed to subscription-based services. This allows them to get a steady source of revenue.

Many entrepreneurs will run a business from home or less similar conditions that made a chance for globalized business in years to come. Furthermore, the industry and societal trends that emerged from the same conditions are pretty related and posed to help enterprises cope with the pandemic.

 

8 Top Ways to Earn Extra Cash with Old Things

People who want to maintain their finances usually cut their expenses. But cutting your costs can only go so far. Indeed, the more you retrench, the more quality of life suffers. In some cases, saving some of your finances for luxuries is not a realistic option, for there isn’t enough money to go around.

A great way to boost your budget a little bit if you already got a full-time job is to find additional source of income. And if you are into this area, you must take heart that every opportunity to make extra money abounds for people at all levels of skill and experience. And since people vary from sensibilities and skills, there are many different ways to earn some extra cash.

YOU CAN SELL OLD TEXTBOOKS

Higher education essential, but yes, it is a bit costly. Textbooks can be of cost as well, and from time to time, you will be left with a bunch of books that you will no longer need. With that, be informed that you can make money out of those textbooks. By merely selling them online, as long as it is in good condition, you are assured of a paycheck.

YOU CAN SELL OLD CARS

Having an old car and not used for a very long time? Or having a headache of maintaining it? You can get rid of these scenarios at the same time having an extra income. Consider selling your old car to the likes of BestCash4Cars.

YOU CAN FIND A GIG OF MOVIE EXTRA

If you have extra time on weekends, and you’ve dreamed of being a different character in a movie, you can try to search for a gig as a movie extra. This is a little bit demanding, but it is all decent job. You can make money out of this.

YOU CAN START BLOGGING

If you are useful in giving advice and can provide a bit of entertainment to an online audience, now is your time to create a blog. By supplementing your job with a less-time consuming extra will allow you to save money. Plus, you won’t burn yourself out doing this kind of thing.

YOU CAN WRITE AND PUBLISH CHEAP NOVELS

If you have a bit of talent in writing, and you love to expand your imagination, there’s an online site for you to make money. You need to create and publish books and voila! Though this kind of thing requires creativity and time, it can be a long-term project that you can complete according to your availability.

YOU CAN START ONLINE TUTORING

Websites like Tutor.com is providing resources for entering into the world of online tutoring. Suppose you are right in specific academic genres like science and math. In that case, you can make use of that intelligence as your passive source of extra income. You can also develop an online musical instrument tutorial if you have a gift in music.

YOU CAN BE A VIRTUAL ASSISTANT

One of the simplest ideas to earn extra cash is to help other people complete tasks by becoming a virtual assistant. If you are right in time management and organizing, you can quickly get this position.

YOU CAN RENT OUT YOUR PLACE

If you have either one or two available rooms in your house, you can make extra cash by making them available for people looking for a place to stay with. With Airbnb or VRBO, you can make use of these spaces as your income maker.

10 Businesses to Start with Almost No Capital

“Where is there a gap in the market and how can I fill that gap?” is the common question that a person asks themselves when they want to start a business. Although this is foolproof way to start with a venture, there are also other ways from which you can start building your business.

Find out what is it that you already have and what can you do with it. This idea is a lot more complex than it appears to be. Working with what you have is an excellent starting point for any business especially if you have little to no capital.

1. Personal creation
This business benefits artists and other creators and allows them to utilize their talents while profiting off of them. More and more people are growing some appreciation for personal artworks which is why this field is quite fitting in this age. You will find multiple platforms in which you can sell your creation like eBay, Etsy and Amazon.

2. Repair or Skill-based services
All that you need to invest here are your abilities and time. Your skills and know-how in certain things like home repairs or appliances might just be what you need to kick start a business. Funding will be minimal since the only materials you need to invest in are tools you may need which will vary.

3. Content provider
Thanks to social media platforms serving as a place where brands can present their line, freelancers have definitely gained more opportunities to make their skills the main revenue driver of their businesses. From writers to graphic designers, creative professionals will have no problem finding a role where they fit in in this digital age.

4. Consulting
Businesses, both small and established, are willing to pay a consultant in order to get a complex and advance knowledge on their field. This is another career opportunity that only needs time as an investment.

5. Resale
Reselling is one of the fastest way to earn money, and it can also turn into a successful business venture if done right. Tons of platforms are available for selling secondhand items, there’s no you’ll find exposure for your business in no time.

6. Online courses/Tutoring
Because all nations went through a tough time during this pandemic, parents and grown students turn to the internet to find a way to keep up with learning courses. The ability to relay your sufficient knowledge in any subject or a specific language virtually is the only capital you’ll need to start this career.

7. Music Lessons
Music is a universal language, and those who are fortunate to have exceptional musical skills can utilize just that to gain income. If you are a musician, then you definitely already have the instruments to share your talents with aspiring beginners who are willing to learn.

8. YouTube Channel/Blog
The number of YouTube channel owners has tremendously increased in the last 5 years. The only investment for this kind of job is the ability to create videos that are interesting enough for your chosen audience because income, for this particular work, mostly comes from view count.

9. Video Producer
Who doesn’t love to have a tangible copy of their cherished moments where they can relive the memory any time they want? Videographers, and even photographers, are very much in demand due to different brands or influencers who want to up the quality of their content, and even just people who want to capture a specific moment in their lives.

10. Meal planner
If you are someone who has an extensive knowledge about planning healthy meals then you can cater to those who want to make their diet a little cleaner. A meal planner’s job includes listing down ingredients, creating an easy step-by-step cooking process and providing useful information to educate clients when it comes to nutrition.