Archive for the ‘Perth News’ Category

Doing it tough: Businesses in regional Australia fearful of minimum wage increase

Tuesday, June 19th, 2018

Being the boss, you should know how to build a team that works together like a well-oiled machine. You need to how to make each of your employees satisfied and happy. If your employee feels content and happy with their job, they are more likely to become more energetic and productive on their work.

Middle aged man wearing a black and purple polo shirt standing at a cash register, low light photo.

One of the best ways to keep your employees satisfied is by giving them flexibility. This does not imply avoiding rules and regulations, but instead it means to keep in mind that employees have lives outside of your shop or office. Allowing for adaptability in schedules will make keeping everyone upbeat a lot simpler.

When your employees feel displeased, they will not only make customers less likely to return, but it may also lead to employees themselves quitting in search of a more suitable place of employment. As a business person in Perth, you do not want to deal with a high turnover rate because employing new people requires training and costs the store money.

Keep in mind that business owners do not only require financial knowledge. It is not enough to be only good at managing your businessā€™ cash flows and sales. You also need to learn psychology ā€“ you need to know what your employees seek in job, what makes them happy. If you’re able to make this connection with your employees, it makes creating a harmonious work environment a whole lot easier.

Most of the time, your employees might be looking for are higher salaries. And since you want to keep them happy and productive, you do what is possible to improve the pay of workers who work extra hard and deserve an extra reward.

However, keep in mind that paying your employees with high salaries can also hurt your business. Like for instance, some small business owners feel concerned with the minimum wage increase. Continue reading at: http://www.abc.net.au/news/2018-06-08/regional-businesses-fearful-of-minimum-wage-increase/9841442