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Sacking staff: How to shed staff in tough times

Businesses need to be aware that the retrenchment of staff is not simply a guillotine process. Not only are there financial consequences, there are also social, legal and psychological consequences for a business if the process adopted in restructuring is not properly considered and executed.

Exercising personal power

There has been a lot of emphasis in recent years on empowerment. But just how does an employee at any level develop personal power?

Endless email

Is email ruining your life and your productivity? OK, sure it may not be as dramatic as that… but if you’re heart beats a little faster every time you hear that tone your computer makes when you get mail, or if you’re checking your email every few minutes (hey, did you just go and check it while reading this sentence?) maybe there’s a few little things you can do to get your productivity (read, your actual work) back up the priority list.

Engage your staff

In troubled times, business must do more with less. There may be less people in your business, less customers, less capital, less cash…. But one thing you do want less of is people “chucking a sickie”.

What the new workplace law changes mean for you

Yesterday the Federal Government announced the new workplace relations laws including collective bargaining, unfair dismissal and arbitration.

A tax break for business this festive season

The income tax laws on the provision of fringe benefits to employees, their associates and clients are very complex, especially at Christmas time. In addition to the Christmas party, businesses normally provide various types of gifts to their staff and clients. This article examines some of the most common situations and outlines the various income tax, GST and Fringe Benefits Tax (FBT) implications.

Stretch your margins to gain some wriggle room

Having higher margins and the depth to get through more difficult times will not only give your business more than a fair go at survival, but when the upturn comes will allow you to ratchet-up your competitive advantage.

The Christmas crunch

I was rushing to a meeting yesterday in the Sydney CBD — and I was waiting at the pedestrian lights to cross the road. Three people in suits and in their mid 30s were having an animated conversation — they had just left the building on our right.

10 tips to get people management right in a downturn

As the economy slows, getting staffing right will make or break your business. Here's how to lower staff costs, get rid of the underperformers and protect your stars.

Competition for the best graduates set to increase

Holding out for a great graduate next year? Don’t delay. While the 2009 graduate recruitment season will likely see less program places on offer, there will be a dramatic increase in competition for the top 5% of graduates.

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Business advice: Your Business SuccessEach week Your Business Success showcases a different Australian business and brings in industry experts to advise the business owners. Your Business Success web site.

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