Month: January 2019

3 Ways Employee Benefits Can Save Your Business Money in 2019

Employee retention is very critical for the success of any company. It is more expensive to hire new employees and then train them and provide the requisite skills to them than providing some perks to retain the existing employees. It is clear that employees will be happier when they get better benefits and perks. So let us see what kind of benefits help to keep them happy and satisfied.

  1. The first and the most important aspect is to do some research and find out about the perks that really make employees happier. You may not be able to add all kinds of perks so identify the ones that are provided by other companies and then see what all can you provide in your company. Meal plans, health insurance including a dental plan, discounted membership to clubs and gyms are some of the most popular benefits that employees like. These may not be very expensive to get if you go for group plans.
  2. Make them feel cherished and they will reciprocate. The employees must feel that their services are valued by the company and monetary rewards should make them feel that way. You can give deals and discount coupons every time some target is met or some festival is around the corner. Couponobox has many such coupons that can be used in different types of stores. They will be happy to redeem and buy something for their family and thank the company.
  3. Offer them schemes where they can save money and save taxes. The company can add some contribution to make it look attractive and add to the total amount saved for retirement.

These are some monetary rewards that help to provide some advantage to the employees. This way the employees feel that their services are appreciated and they are happy to work for a company that takes care of their needs. All these small things will save you money that will potentially be spent on new recruitment.…

The Big Business Revolution: Here’s Why The Future Is Blockchain

Bitcoin, that uses the Blockchain technology created a major movement in the financial world giving returns that were more than 200%. It is believed that sooner or later the currencies that use the blockchain technology like Ethereum and Bitcoin would replace the traditional staple currencies.

The Blockchain curries perform three major functions. These are:

  • To store the value
  • Measure the value
  • Act as an exchange medium

The Currencies using Blockchain are able to do all of these.

Blockchain and business

The blockchain is a method that records the data in a digital ledger. This could be contracts, agreements, or transactions. The ledger is not stored in one particular place but it is distributed across many computers across the world. Everyone in the community gets access to the ledger and it’s up to date version. This makes it highly transparent.

TheBlockchain is popular for businesses because it combines cryptography and peers to peer networks. This means that the security is maintained where the storage and transmission of data are done in a coded format and the network is shared and trusted but not under the control of any one person or organization.

The use of Blockchain in the industries will be able to create a digital economy and would be able to enhance the growth of the country and decrease poverty.

The future looks promising

Business requires administrators who manage the numbers and record them. Blockchain lets one distribute these ledgers using computer networks all around the world. The Blockchain has the potential to take over the trusted business like auditing, banking, and some government aspects as well. Many countries, in fact, have moved to the Blockchain technology. The top Australian cryptocurrency exchanges see Blockchain technology to be the future of the world.

Blockchain technology is trustworthy and this promises a change across many industries. It enhances trust in all the system where it finds use.