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employee review

How to Handle Annual Performance Reviews in Your Small Business

December 1, 2019 | posted by Abacus Payroll
Annual performance reviews provide, in theory, a welcome check-in and debrief period for employees and employers alike. Unfortunately, arbitrary rating criteria and a lack of communication between employers and employees can lead to annual performance reviews becoming nothing more than busy work that’s dreaded by everyone involved. While critiquing an employee’s performance never gets easier […]
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How to Motivate and Evaluate Employees

October 8, 2019 | posted by Abacus Payroll
A motivated staff is a productive staff, and without incentives, your best people could leave for more satisfying endeavors. Pay and benefits are important, but they’re only the beginning. Motivate Employees to Excel To retain your best people, do the following: Establish reasonable, objective work standards, and base rewards and promotions on those standards. Communicate […]
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Establishing a Pay or Salary Raise Budget for Your Business

June 1, 2016 | posted by Abacus Payroll
payroll success setting a pay raise budget
Whether you need to plan employee raises in order to comply with the new overtime rules, or if implementing annual salary increases is part of your company’s compensation package, the following will advise you to think strategically about these higher labor costs your business is expecting to incur.   After a year of successful business […]
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