Budgeting: Realistic dreams vs. playing it safe

There’s a saying in business that sales managers typically create budgets using the "this year’s numbers plus 15 per cent" approach. I can say that from personal experience that is sometimes not too far from the truth and applies in companies of all shapes and sizes.

Staff off sick How to manage and reduce absence

You may well find it daunting to discuss with an employee the reasons for his or her sick absence. You may also think there is nothing you can do about absence and so you just accept it. As a result, you only pay lip service to any policies and concentrate on working around the problem of the missing employee.

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