This article is co-authored by Mrinmoy Rabha and Thadoi Thangjam . They both are content writers and digital marketer at Vantage Circle
If you are trying to improve employee engagement, setting up a suggestion box can be a great way to get your employees involved. Employees can use employee suggestion boxes to bring professional and workplace concerns to the management's attention....
Read more
Rightsizing is about focusing your efforts on the things that will have the biggest positive impact on your business. Organizations will usually rightsize their business by reducing their workforce, reorganizing upper management, cutting costs, and changing job roles....
Read more
Each November, the US observes National Gratitude Month. For many of us, it's an opportunity to reflect on what we're thankful for in our professional and personal lives....
Read more
The buddy system is a method of training that many people still use today. As a child, you were probably assigned a buddy or a student mentor at school. The same concept can be extended to the workplace too....
A phantom stock, also known as “shadow stock” or “ghost shares”, gives employees the opportunity to share in the wealth and success of the company. Companies do this by providing employees with a stake in the company's stock as well as a retirement plan....
The existence of an ESOP plan in an organization is a great way to motivate staff members and keep their interests centered around the business's overall success....
Planning an HR budget might sound like a tedious task, but that isn't always the case. A well-planned and thoughtful HR budget ensures that there's adequate funding to support employee programs and initiatives....
As a leader, compensation planning is one of the skills you will need to master. One of the most important aspects of organizational planning is to have a compensation plan that not only rewards employees but also provides competitive pay to attract, retain, and motivate employees....
Just like how compensation is a topic that concerns all employees, it’s a vital aspect of the HR function as well. When it comes to compensating employees, what you offer and how you structure your pay plans are key factors in attracting and retaining talent....
Profit-sharing is a way to contribute a portion of your company's profit to your employees. An employer can choose to pay it directly or indirectly along with their salary and bonuses....
"Every year, the National Teacher Appreciation Week is celebrated in the first week of May. Here are some excellent fun ways to celebrate and thank all the teachers virtually....
In a rapidly changing industry like the pharmaceuticals, which largely depend on their human resources, here are some of the HR challenges that are most prominent in this industry....
Different types of team building for every company. Activity-based, Communication-based, Value-based, Personality based, Skills-based, and Problem-solving based....