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Tips from August 7, 2009 The Small Business tips today discuss people management: recognition & rewards. Specify reward criteria. Define expectations. Explain your qualifications. Make the reward criteria clear to rule out favoritism. Say Thank You! Simple. Short. To the Point. It acknowledge small & major successes & validates the importance of others' work. Boost self esteem. Foster intrinsic rewards & make people proud, excited & enjoy their work by giving constructive criticism. For a long term impact, reward all employees who meet the criteria. The more rewards, the more satisfied & encouraged employees. Daily Overview: Good recognition & rewards provide employees with a fair return for their efforts & motivate for the future.
By Cheryl Sowa · August 07 2009 small business tips, small business, recognition, rewards
Government and Economy SBA Applauds Treasury Action to Bolster Secondary Market for Small Business Loans A plan by the Treasury and the Federal Reserve to improve market conditions for asset-backed securities – including those composed of SBA-backed small business loans – should be welcome news to credit-hungry small businesses across the country, said U.S. Small Business Administration Acting Administrator Sandy K. Baruah. Holiday Sales Season: One of the Weakest in Years Increased retail shopping over Thanksgiving will not be enough to keep this from going on record as one of the weakest sales seasons in recent years.
By Charles M Cooper · December 02 2008 small business brief, small business, economy, Advertising
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