Business Network

Archive for April, 2011

A good credit score can get you a great interest rate on a mortgage or other loan. A poor credit score could leave you unable to find any lender who will trust you. Not paying your bills on time can leave a huge stain on your credit score, but if you know the bills to avoid paying late, you could make lenders love you.

Medical Bills
Sometimes people aquire huge medical bills when a sudden illness or accident occurs. If this happens, it’s a good idea to pay them off as soon as you can because an overdue hospital balance that is sent to collections can have a detrimental affect on your credit score. According to Privacy Matters, even smaller medical bills that go unpaid for a long time could be reported to the major credit bureaus.

Utility Bills
Generally, if you are late on a utility bill, it’s not Read the rest of this entry »

You must continually sell yourself and your services when working in the sales or service industry. People will choose your service because they like you or they will expect you to prove your abilities first before choosing your service. Learn how to be more persuasive in getting a client to choose your services over the competition.

1. Identify the client’s needs first. Listen to his concerns and the problem that he wants to resolve. When you are trying to persuade a client to choose your service, active listening is more important than talking about yourself and your company. As sales and marketing author Mike Schultz confirms, actively listening to the potential client allows you to gather key data and get a sense of his underlying concerns regarding the project.

2. Explain the specific features and Read the rest of this entry »

Not all employment gaps are worthy causes of alarm; in life there are a host of valid reasons why a person may choose to exit the workforce for a time. It is important for a company to avoid placing universal stigma on employment gaps. Instead, human resources staff should take the time to interview promising candidates regardless of gaps, and prompt them for explanations about them either in a brief telephone pre-interview or at the first stage interview. Companies that do not try to distinguish between valid and red-flag employment gaps run the risk of hiring unstable workers or passing over quality candidates.

Medical Downtime
Injury and illness are an unavoidable part of the human condition. Human resources staff should question a prospective hire to determine whether the medical condition responsible for his gap in employment would diminish his ability to perform the specific job in question without being offensive. For example, a worker with a leg injury may be ill suited to a position in a warehouse doing heavy lifting. It is the responsibility of human resources staff to explain the demands of the job. If a candidate who has suffered downtime due to an injury or illness insists he can complete the task, consider giving him a probationary test period if allowed under your state’s laws. If the injury flares up again during the probationary time, politely dismiss the worker, not only in the interest of productivity but for the health of the worker himself. It is important for human resources staff to treat mental health issues the same way as other physical health conditions; to do otherwise may be considered a form of unjust discrimination.

Family Matters
Family matters, Read the rest of this entry »

A firm’s human resources practices will determine whether or not it is able to recruit and retain a competitive workforce. But how can a firm know if its HR practices are capable of achieving the desired results? This can be answered by using a SWOT analysis, to assess the strengths, weaknesses, opportunities and threats of a firm’s HR practices.

Strengths of HR Practices
Evaluating the strengths of HR practices allows managers to understand what the firm does correctly. An example of an HR recruitment practice strength might be having a strong network of recruiters or developing a unique online recruitment system that makes it easier for potential employees to apply. These strengths have the potential to give the firm a competitive advantage over its competitors.

Weaknesses of HR Practices
HR practice weaknesses give a Read the rest of this entry »

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