Best Practices for Setting Up a Mentorship Program

Best Practices for Setting Up a Mentorship Program

Employees are usually asked by managers where they want to be in five years and a Mentorship Program is something that can help them get there. One thing to consider is how your company is going to assist these people in getting there. If you don’t do that, you’re not actually doing your part in…

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The Top 5 Tips on How to Negotiate Salary

The Top 5 Tips on How to Negotiate Salary

Knowing how to negotiate salary is a good skill to have especially when you receive a job offer and the starting salary you are offered turns out to be less than what you were expecting. If this happens, knowing how to proceed can be a tad difficult when you don’t know if you should negotiate…

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Experiential Learning: Definition & Examples

Experiential Learning Definition & Examples

Experiential learning is defined as the process involved in acquiring and applying knowledge specifically in a real-world situation. These kinds of programs emphasize more on hands-on approaches to sharpening skills and expertise. They can include postgraduate programs, co-ops, internships, externships, volunteering, service-learning programs, and more. Experiential learning can expand your skill set, assisting you in…

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Transparency in Business: Why It’s Important for Success

The Importance of Transparency in Business

How much information are employers required to share with staff to increase transparency in business? Business owners and managers must make this decision from time to time. They may need to inform employees about changing revenues, internal reshuffling or even downsizing. All these actions must be well thought out since confidentiality is important too. However,…

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The Accounting Cycle for Your Company

The Accounting Cycle for Your Company

The accounting cycle refers to a series of steps taken by companies every accounting period for them to properly manage their financial transactions and accounts. If you want to follow an accounting process, begin by setting up the accounting system for that period, then at the end of that accounting cycle, you’ll be ready to…

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