When an employee terminates, except for the severance payment and long service payment, there are other pay items that need to be calculated. Workstem is a one-stop human resources system, and can help you quickly handle the employee’s final pay, and all of your C&B st...
A well-thought multi-channel return strategy rarely lets customers leave the store empty-handed. 6. Focus on your ideal customers The best-in-class retailers pay special attention to their VIPs by running RFM segmentation. RFM is a way to segment your customers according to their buying ...
Cost per lead (CPL) is a marketing model where advertisers pay a set amount for each lead generated. A lead here is an individual who’s shown interest in your product or service. There are many ways someone could show that interest; they could visit your sales page, reach out via email...
So if you want to improve your customer lifetime value, you should pay attention to your customer service and look for ways to make it excellent. Here are just a few ways you can improve your customer service: Use omni-channel customer support. Make sure your customer support experience is...
B2B Fulfillment: What It Is & How to Get It Right How to Leverage Technology to Improve Your B2B Fulfillment In 1924, the ten millionth Model T rolled off the assembly line—a testament to the power of standardized production. Fast forward a hundred [...] ...
What if my Betterment balance drops below the $20,000 balance requirement for the annual fee pricing structure? The management fee you pay is determined by your total Betterment investing balance (based on your combined balance across any stocks and bonds investing accounts, Crypto accounts, Cash ...
Once you have those insights, you can take corrective actions to work on customer pain points and give them a customer experience they wouldn’t want to leave. Always keep your eye on retention and churn rates so that you witness any new trend in its beginning and nip the problem in the...
What causes people to leave?Some of the reasons for unwanted employee attrition include:Lack of opportunity to grow and achieve professional goals Inability to get work done efficiently Pay not reasonable Lack of recognition for work Lack of support, not being valued, feeling disrespected Low ...
Bartering:Barteringinvolves an exchange of goods and services rather than cash. So if you fix the electrical system in someone's home and they pay you with a similar service (like fixing your plumbing) rather than cash, the value of that service is considered taxable income.16 ...
Goodwill is recorded as an intangible asset on the acquiring company's balance sheet under the long-termassets account. It's considered to be an intangible or non-current asset because it's not a physical asset such as buildings or equipment. ...