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Happy Employees are Productive Employees

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Happy Employees

It only makes sense that a happy employee is a productive employee. Of course, the converse also applies. Unhappy employees not only underperform even when it comes to some of their most basic duties and tasks, but their poor attitude can also have a detrimental effect on the morale of their fellow employees.

Keeping your employees happy is not something you should take for granted as a business owner. There are specific steps you can take to make sure your employees not only enjoy their jobs but also take pride in their workplace. For instance, you can start by offering plaques for long service awards.

Says the professionals at EDCO.com, it’s of vital importance to inspire and congratulate your staff. Employees who earn a long service plaque will proudly display the stunning award for years to come. These awards and others like them are said to work wonders in increasing productivity and minimizing employee turnover.  

But what other steps can you take to make certain your employees are happy and productive team members? According to a recent article from Teambuilding.com, the advantages of happy workers refer to certain perks that create a positive and refreshing work culture that can ensure satisfied employees.

For instance, happy employees have increased confidence which can result in increased work productivity. Going out of your way as an employer to gear employees to deliver their most productive and best work, takes an encouraging and favorable workspace. Here are some of the benefits of making employees happy and more productive.

Happy Employees Will Greatly Improve Retention Rates

One of the key factors employers need to pay strict attention to is employee retention rates. An employee revolving door is a clear sign of a poor, and unsatisfactory work environment. It’s a fact that employees who are unhappy with their company will simply quit without notice, taking their experience, talent, and specific skillset with them, leaving you as an employer at a distinct disadvantage.

It’s important to keep in mind that a talented employee’s sudden departure will also involve unforeseen costs associated with recruiting new talent, onboarding, plus necessary training. Constant employee turnover can be a disaster in the making of a business. This is why all companies that wish to be successful in the short and long term need to put rules and systems in place that will lead directly to employee retention.   

Some of the ways to improve employee retention are the following:

  • Prompt and fair payment for services rendered
  • Swiftly addressing worker complaints to ensure that potential problems between employees do not get out of hand
  • Allow employees to take a reasonable amount of breaks
  • Creating a reward whereby the best-performing employees are given plaques or other awards to commemorate their service either on a monthly or annual basis  

It’s these types of policies that will not only keep your employees happy, but you will retain them and their talents for a long time.

Happy and Satisfied Employees Will Reduce Operating Costs

Says Teambuilding.com, businesses tend to spend less money when their employees are content and happy with their jobs and workplace. Employees who are unhappy will find ways to be absent from the workplace more frequently. When this happens, your company’s production decreases and so do your profits.

It’s imperative for a business to make a solid investment in their employee’s contentment and satisfaction to ensure that they stay healthy and remain consistently productive. Healthy and happy employees equate to less absenteeism and fewer sick days. This means that, as an employer, you won’t be spending money on overseeing employees who are suspected of not being productive enough.  

Happy Employees are Healthy Employees

By creating a flexible work schedule with your company’s employees, you can create an atmosphere that’s far more healthy for them. Reducing anxiety and stress in the work environment means a more relaxed, more productive workplace.

Building a relaxed, friendly workplace environment is said to ensure that workers feel more comfortable when interacting and relating to their fellow employees. Positive interaction can go a long way in the reduction of headaches, tension, and stress. A happy and even cheerful workplace environment can lead directly to elevating employee’s moods and will motivate them to complete all the tasks required of them inside and outside the office.

As an employer, it’s necessary to create a healthy workplace that will make your employees happy and eager to be more productive. As an employee, you should come to expect not only fair compensation for your efforts but also positive recognition like rewards and plaques commemorating your services. This, in turn, will boost the entire company’s morale.

Business

LinkedIn Rolls Out AI Assistant for Premium Members

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LinkedIn Rolls Out AI Assistant for Premium Members

LinkedIn is currently testing an AI assistant for its Premium members, integrating Microsoft’s advanced AI technology. This initiative marks LinkedIn’s first significant consumer-facing AI product, expanding beyond its traditional enterprise-focused services.

Why It Matters: This development places LinkedIn alongside other social platforms like Snapchat and Instagram, which have already introduced similar AI features. The move underscores a growing trend where social networks leverage AI to enhance user engagement and provide personalized experiences.

Background: Previously, LinkedIn launched several AI tools aimed at recruiters and job seekers, including AI-assisted candidate discovery and AI-powered coaching tools. The tease of a consumer AI assistant last year set the stage for this broader rollout to Premium users, which has been picking up pace in recent weeks.

Details of the AI Assistant: The AI assistant feature on LinkedIn prompts users to explore more about companies or topics mentioned in posts within their feeds. This feature combines insights from LinkedIn’s vast user base and data from Microsoft’s Bing search engine to deliver comprehensive information.

How Does It Work?

When users interact with a feed prompt, they’re directed to a chat interface where they can ask the AI assistant for further details. This interaction is labeled as “Powered by Bing,” ensuring transparency about the source of the information. The responses are tailored to the user’s professional background and skills, enhancing the relevance of the information provided.

Privacy and Personalization: The chat feature includes a disclaimer about its beta status and potential for errors, with a note that Microsoft’s privacy policy may apply. This is part of LinkedIn’s effort to maintain transparency and user trust as it rolls out new AI capabilities.

LinkedIn’s introduction of this AI assistant is just one part of a broader strategy to integrate more AI-driven tools into its platform. These tools are designed to connect users with relevant content and insights, potentially accelerating career growth and enhancing professional networking.

As AI technology continues to evolve, platforms like LinkedIn are finding innovative ways to harness these advancements to benefit their users. This new AI assistant for Premium members could transform how professionals interact with content and gather insights on LinkedIn, making it a critical tool for career development.

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Business

Harold Goldstein’s and Lilo Alfaro’s Practical Approach to Social Responsibility

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Harold Goldstein and Lilo Alfaro

At the heart of organizational success lies a partnership between leadership and social responsibility. It’s not just a corporate checkbox; it’s where the influence of leadership goes beyond business boundaries.

Lilo Alfaro and Harold Goldstein of OPAD Consulting have unique stories that exemplify such influence. These leaders bring diverse experiences and perspectives, going beyond organizational growth and societal impact.

Social responsibility in the corporate world fosters positive public perception and builds trust. It benefits communities and enhances employee morale, creating a more sustainable and ethical business environment.

Harold Goldstein’s Perspective

Harold’s journey to executive roles in big companies like Levi and Johnson & Johnson has shaped his perspective. These experiences provided the foundation for his current role as CEO at OPAD, where he emphasizes social responsibility as providing “direction, process, and accountability.”

Social responsibility impacts organizations by fostering positive public perception, building trust, and enhancing employee morale. In an interview, Harold delved into the nuances of fear within organizations. He acknowledges leaders’ accidental creation of fear that hinders taking social responsibility.

Therefore, he leads his company with humility and transparency, creating an environment where fear is recognized and managed. This provides OPAD’s workforce with a chance to thrive in their careers.

Presently on the board of Doernbecher Children’s Hospital, Harold is committed to creating long-term positive change through a holistic approach to social responsibility.

Lilo Alfaro’s Outlook

Lilo Alfaro has BAs in Theatre, Technical Design and Production, and Business Management. Additionally, she has completed an MBA with a focus on Social Innovation. She has diverse experience in business, including her work as a consultant for large, national companies like The Kroger Company, mid-sized semiconductor corporations like Pure Wafer, and local nonprofits like Portland Experimental Theatre Ensemble and Our Children Oregon.

She showcases exceptional organizational and management skills. From managing city-wide festivals like the “Vanport Mosaic Spring Festival” to conventions such as “Ghosts of Summer,” Lilo displays strong responsibility and leadership qualities. Her approach seamlessly combines discipline, creativity, and a solid commitment to social responsibility.

Lilo’s commitment to social responsibility goes beyond the corporate world. Her involvement in producing legacy educational events for Portland’s Black Panther Party Chapter and volunteering at national nonprofits shows a hands-on approach.

OPAD’s Pro Bono Work

Harold and Lilo, through OPAD, have also actively engaged in pro bono work for many organizations dedicated to children’s advocacy, homelessness prevention, disability services, and social justice.

According to Harold and Lilo, “Our devotion to pro bono initiatives stems from a belief that true leadership extends beyond boardroom walls. It’s about using our skills to uplift communities and spark meaningful change.”

They’ve helped some not-for-profits such as Big Brothers Big Sisters of America, Children First for Oregon, and Northwest Children’s Theatre & School. Through university mentorship programs, they have nurtured many aspiring professionals and students with knowledge and guidance.

A Final Word

From diverse experiences, OPAD emphasizes transparent, fear-free work environments and a deep commitment to community engagement and societal betterment. Harold Goldstein and Lilo Alfaro, the driving force behind OPAD Consulting, shape organizational success while actively contributing to social change.

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Business

Mastering the Art of Investment Management with Derek Pesta: Navigating Market Volatility

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Investment Management with Derek Pesta

Investment management is a critical domain for individuals and businesses, as it involves complex decisions that shape financial futures. Success in this field hinges on expertly navigating market volatility, rather than relying on luck. Derek Pesta, CEO & Financial Advisor of Pesta & Pesta Wealth Management, offers valuable insights based on his experience in this crucial area.

Derek Pesta is a CERTIFIED FINANCIAL PLANNER™ professional, with years in the field, he highlights some key points that might help individuals master the art of investment management effectively.

Patience: The Prime Attribute of Investors

In the realm of investments, patience is not merely a virtue; it’s a cornerstone of success. Derek understands that clients often want to see immediate results, especially during market volatility. However, as Warren Buffett once said, “The stock market is designed to transfer money from the Active to the Patient.”

Derek firmly believes that making hasty decisions during market turbulence can lead to unnecessary losses. Instead, he advocates staying the course and adhering to a well-thought-out investment strategy. After all, financial plans are designed with market fluctuations in mind.

Transparency: The Prime Attribute of Finance Professionals

In a world where uncertainty looms around every corner, he emphasizes transparency as a guiding principle. He understands that not every client is comfortable with the idea of financial risks, and who can blame them? But avoiding risks also means missing out on potential gains.

Here, Derek’s approach is simple yet effective—be upfront about the potential risks involved. Whether you’re dealing with a novice investor or a seasoned pro, explaining the reasoning behind investment choices can alleviate fears and build trust.

Diversification: Key Attribute for Both

His investment strategy revolves around a fundamental principle—diversification. Regardless of a client’s profile, he believes that diversifying their portfolio is essential for maximizing returns and minimizing risks. This means spreading investments across different industries, including international markets.

While stocks may experience fluctuations during market volatility, bonds often provide stability. Derek advises clients not to rush into selling during downturns but to think about their long-term goals before making any impulsive decisions.

Informed Predictions: Using Data Meticulously

Market volatility can be unnerving, but he approaches it with a well-informed perspective. He acknowledges that predicting the future is impossible, especially in today’s unpredictable world. However, he leverages data and insights to anticipate market trends and create individualized client plans for the long term.

Every client is unique, and Derek understands that one size doesn’t fit all. Whether you’re a cautious investor seeking reassurance or a bold risk-taker ready to seize opportunities, he tailors his approach to meet your goals.

Communication: The Soul of an Investment Strategy

Communication is vital to any successful financial partnership, and he believes in going the extra mile. He knows that clients value personalization and want their concerns addressed. Over-communication, within reason, ensures that clients feel confident in their investment strategies.

In a complex financial landscape, seasoned professionals like Derek Pesta serve as valuable mentors, offering clarity and guidance. Their dedication to principles such as transparency, diversification, and personalized strategies provides a blueprint for navigating the challenges of investment management.

Financial professionals can enhance their skills and knowledge by conducting in-depth analyses and learning from experienced practitioners like Derek Pesta. This approach not only facilitates mastery but also encourages innovation in the field of investment management, ensuring a more robust and informed approach to financial decision-making.

Investment Advisory services are offered through CWM, LLC an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

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