BGN Entrepreneur

There are numerous reasons for the employees to quit their jobs, and two reasons tend to be the most influential factors:
First of all, lack of money. The employers didn’t pay the employees enough will definitely hurt their feelings and affect their motivation.
Secondly, lack of emotional comfort. Once the employees feel that they are not feeling well when working in the organization, they will get disappointed and leave.
The employees will try hard to find all kinds of good or bad reasons for their quitting for the sake of saving boss’ face, but the above reasons tend to be the most true ones. As a top manager, you should think whether you’ve disappoint your team on an occasional base in order to keep improve your human resource management skills.

There are several things that might affect the loyalty level of the employees. Here we list out the top five factors that might cast the greatest influence.
First of all, 85% people surveyed value high on the influence of the salary and benefit system.
Secondly, 77.5% people surveyed pay great attention to the developing potential of the organization.
Thirdly, 64.4% people surveyed do care about the HRM system within the enterprise.
Fourthly, 77.2% people surveyed will be attracted by different kinds of training opportunities and space for future promotion.
Last but not least, to about 70.8% people surveyed, personal charisma of the leaders is of great importance.

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Apple has pioneered the commercial digital market with its iTunes music download store 10 years ago. However, recently, the US internet search company–Google has just stolen a march on Apple with the launch of a subscription music service that represents a breakthrough in its relations with a core part of the traditional entertainment industry.
The success of Google in winning over music labels to license their songs for its new subscription service–All Access, marks a symbolic victory against Apple.

Four years ago, after making two accuisitions that doubled the mutual in size, the Co-operative Group make the boast that the high street will never look the same again.
In 2008 the Co-op bought the Somerfield supermarket chain and then in 2009 the supermarket chain tripled the size of its banking arm to form a “super-mutual” through the acquisition of the UK’s second-largest building society at that time–Britannia.
After four years, the food business of Co-op is grappling with falling profits and the Britannia deal appears to be increasingly misguided. Co-op was know for facing a capital shortfall of as much as £1bn, which was acknowledged by banks as partially due to the collapse of a deal to acquire over 600 branches from Lloyds Banking Group.
The credit rating agency Moody’s made six-notch downgrade of the Co-op Bank last week, which shone an unwelcome spotlight on Co-op’s health. And Co-op now came under further pressure as the rating agency Standard & Poor’s changed its outlook on the group from stable to negative.

What motivates and engages employees most can be ascribed to many areas. To truly care about your business, your employees need the following three things from you:

1. Decent and satisfactory wages and bonuses
People work for different reasons. But no matter how, they need to guarantee that they are capable of supporting their own living at first. Having a decent and satisfactory wage and bonus at least help ensure that your employees don’t need to worry about their rent and food and focus more on the work. Besides, it is a financial way to show the recognition of the employee’s capability.

2. The corporate’s core culture
The culture of the company could help attract people with similar interest. And good company culture make staff feel relax, motivated, satisfied and a sence of belonging.

3. The opportunity to grow along with the development of the company
The companies that could make its staff see the opportunities to grow along with the company will have a better chance to motivate the staff learn more and faster for their own goods. And staff in such companies tend to stay and work for long-term.

If you are looking to manage your time well, here are some pieces of advice by experts from McKinsey that might help.
First of all, do not try to handle multiple tasks at the same time. Usually you tend to spend 30% more time on completing the jobs and making 100% more error than doing the things one by one.
Secondly, it is important to keep pace with the time. However, getting long exposed to the latest information in the field tends to suppress your own creativity.
Thirdly, it is important to have a sense of self-control. You will need to focus and filter unnecessary information while working, and you will also need to fix appropriate amount of time to get proper rest.
Fourthly, finding some time to actually spend by yourself if beneficial.
Fifthly, sending the same email over and over again is not necessary.
Sixthly, it is strongly suggested to make more calls to actually communicate with others and only send short emails for confirmation for the agreement between all the parties involved.
Last but not least, it is important for one to actually give up the fantasy of getting their hands on everything at workplace. It is impossible!