This article is designed for business owners that are considering switching from traditional payment to performance-based salaries within their company. The advantages of this structure are the improvements to the recruitment process, increased employee retention and productivity, and sets clear expectations. However, the cons are that it is risky, can create a negative work …
This article discusses how the world we live in is becoming highly digitalized, and the manufacturing industry is no exception. For example, emerging trends such as the market for consumer package goods, predictive maintenance, big data security, and artificial intelligence utilization are all expected to have a significant impact in the next few years. …
This article discusses what small business owners should be anticipating as we continue to move forward following the Coronavirus pandemic. Specifically, the ADPSmall Business @ Work Survey yielded many trends such as problems with cash flow, capacity constraints, and supply chain disruption. In addition, remote work is here to stay as well as the …
This article discusses how retirement planning is important no matter what stage you are at in your career. According to a 2019 survey, “only about half of current employees understand the benefits offered to them.” by being proactive in this process, you will have a better understanding of the benefits that you are offered, …
This article discusses both the long-lasting importance of the manufacturing industry in the US economy as well as the newest cities where manufacturing is now thriving. Specifically, “the Midwest accounted for 26 out of the top 50 cities, while the South accounted for 13. Western cities accounted for 9 of the top 50, while …
This article discusses how the coronavirus pandemic interrupted the manufacturing industry in a drastic way. However, because of this disruption, many new trends were formed within the industry. For example, employee health and safety, technology utilization, going green, and predictive maintenance are all trends expected to have a significant impact in 2021 and beyond. …
This article discusses how U.S. government funding for semiconductor production and research could pose a huge opportunity for manufactures. With the world becoming more and more digitalized, funding is pouring into technology development such as semiconductor processing chips. Further, “a global shortage of semiconductor chips, caused by factors including a rise in demand for …
An 18-year veteran of the accounting industry, Lynnette has been a member of the De Boer Baumann & Company team since 2015. She serves in the firm’s Holland & Grand Haven offices, working as a QuickBooks Certified Pro Advisor & Trainer and as Payroll Manager. Lynnette’s extensive professional history allows her to serve her …
Despite expending your very best efforts, you have probably lost a major client at some point during your manufacturing career. If this hasn’t happened to you yet, it probably will eventually. A recent article from Thomasnet offers some helpful tips for what to do in this situation. The article recommends trying to sell additional …
When it comes to digital marketing for a manufacturing business, email campaigns are one of the best tactics, according to a recent article from Thomasnet. Author Helen Carey offers a helpful list of “Do’s and Don’ts” to improve manufacturers’ email marketing efforts. She recommends focusing on crafting a strong subject line, using an email …
