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Business Partner Magazine

Tips and advice for entrepreneurs, start-ups and SMEs

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Employee Awards: The Power of Recognition at Work

May 23, 2022 by BPM Team

power of recognition at work

Recognition in the workplace is a tool that is often overlooked and frequently undervalued. Employee recognition should be more than an expected award given at a regularly scheduled year-end event. Companies should be more thoughtful in developing ways to show appreciation to … [Read more...]

How to Improve Employee Retention in Your Organization

September 4, 2021 by BPM Team

Man wearing suit pulling by a rope

The overall cost of replacing an employee can be anywhere from 90 to 200% of their annual wages. To illustrate, an employee who makes $50,000 a year can cost you up to $100,000 to replace! Whether you’re a small, medium-sized, or large business, this isn’t a cost you can … [Read more...]

Key Strategies To Improve Talent Retention In 2021

August 24, 2021 by BPM Team

two men facing each other while shaking hands

Retaining the right talent is a key factor of success for any business. As long as there is not too much turnover, talent retention can be a good thing for brands and can help businesses grow. Fresh talent means new perspectives and new visions. On the other hand, a large amount … [Read more...]

Why Rewarding Staff is Key for Business Success

May 29, 2021 by BPM Team

Woman standing talking in a meeting

There are many aspects that make up a successful business, but one area that is often overlooked is rewarding staff for their hard work. Staff benefits and incentives can have an enormous impact on individual and team performance, morale, productivity and loyalty amongst many … [Read more...]

Employee satisfaction is more important than you might think

May 15, 2021 by BPM Team

Co-workers giving great feedback

Employee satisfaction is one of the most important parts of running a business. If your employees are satisfied at work, they are more likely to work hard, stay with your company, and put in the extra effort. Happier employees will curate a better office atmosphere and, … [Read more...]

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