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What is an employee referral program Employee referral programs are a set of incentives and processes that promote hiring through employee referrals. In the program, current employees are asked or encouraged to recommend friends, family, old colleagues, and or clients for positions in the company In return, the employee is given some form of reward
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Note: Information contained in this article is not and should not be taken as professional accounting advice. Please consult a chartered professional accountant for the most up to date accounting practices. What is a subsequent event A subsequent event is an event that occurs after the cut-off date for a company’s year end and before
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What is reciprocation Reciprocation is the innate human behaviour to respond positively when one receives a gift. This desire to reciprocate comes out of a feeling of owing someone something. This feeling occurs regardless if you asked for the gift or not. Famous psychologist Robert Cialdini has studied the application of reciprocation in persuasion and
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What is (team) performance? Individually, performance is the product of an individual’s ability and motivation to complete a task and or achieve an objective. When paired with the right rewards and ample resources, the opportunity for high performance becomes available. For teams, performance is the measure of how effective the collective group is at achieving
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PayFlex is a health benefits administrator in the United States. It offers consumer-based products such as health savings accounts (HSAs), flexible spending accounts (FSAs), health reimbursement arrangements, and well-being reimbursement accounts. Employers and brokers of PayFlex products administer and manage their employee and client benefits through PayFlex’s platform, HealthHub. PayFlex also provides services that make
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What is the Korean Won and what is the USD? The Korean Won (â‚©) is the official currency of South Korea as issued by the Bank of Korea. It should not be confused with the national currency of North Korea, which is also the Won; both countries use the won but are traded separately. One
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All things are created twice. A house is first created in an architect’s mind, and then it’s built in reality. A vacation is first dreamed about and then plane tickets are booked. So it is with a successful life. First you decide what you want to accomplish with your life, and then you go about
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Most executives have vastly more to do in a given week than can be accomplished.  When you’re an hourly worker, you don’t have to think about delegation. Your life is relatively easy. But when you’re the boss and the discretionary projects you could tackle seem endless) never mind the urgent things that must be done
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