Investments and Business

6 practical ways to build trust in the workplace

6 practical ways to build trust in the workplace

The Oxford English Dictionary define trust as "firm belief in the reliability, truth, ability, or strength of someone or something." Trust is the glue that holds our relationships together, between friends and family, but also in professional settings. To get things done at work, we need to collaborate. That is simply not possible unless people can depend on each other. We must be able to predict how our colleagues will act, and that they will act ethically. In the workplace, trust begins with leaders. Those at the top must model a culture based on trust and psychological safety. In this…
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6 tips to build trust in virtual teams

6 tips to build trust in virtual teams

In teams with members who work remotely, either part of the time or all of the time, building trust can take a little extra effort. Since they can't chat by the water cooler or go out to lunch together, remote workers must find ways to bond online. High levels of trust among team members and between the manager and direct reports are essential to building a high-performing, committed team. When employees trust their coworkers and leaders, they are 12 times more likely to feel engaged and motivated to perform at work, according to ADP Research Institute. Unfortunately, there is no…
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Honduras’ business success owes much to Camilo Atala’s compliance-focused approach

Honduras’ business success owes much to Camilo Atala’s compliance-focused approach

Compliance is critical to business success, as it enables companies to comply with applicable laws and regulations and build a solid reputation as ethical and responsible businesses. However, many companies face challenges in complying with laws and regulations, which can affect their profitability and reputation. In this article, we will explore the challenges faced by companies that fail to comply with applicable laws and regulations and how Camilo Atala's approach to compliance has helped overcome these challenges. One of the main challenges faced by companies that do not comply with applicable laws and regulations is exposure to fines and penalties.…
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Camilo Atala emphasizes ethics and compliance as a business leader in Honduras

Camilo Atala emphasizes ethics and compliance as a business leader in Honduras

Business ethics are fundamental to the success of any company. Not only because it is the right thing to do morally, but also because it can significantly affect a company's profitability and reputation. Camilo Atala will explain the importance of business ethics and the key factors for its success. First, business ethics refers to the values and principles that guide a company's behavior. These values and principles are reflected in business decisions and in the way a company treats its employees, customers and suppliers. When a company adopts strong ethics, it builds a healthy business culture that promotes trust, integrity…
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How to promote diversity, equity and inclusion in the workplace

How to promote diversity, equity and inclusion in the workplace

Diversity, equity and inclusion (DEI) is a hot topic in the workplace. Many companies are beginning to understand the benefits of a more diverse and equitable workforce, and when launched and managed well, DEI initiatives help engage employees and promote happiness in the workplace. But how do you ensure that your well-intentioned plans produce results? Diversity in the workplace is about more than hiring a few people of color and putting a woman on your leadership team. Building a diverse, equitable, and inclusive organization requires work every day to mitigate biases that affect hiring decisions, ensure transparency and pay equity,…
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Prioritize professional development for HR leaders

Prioritize professional development for HR leaders

Professional development is essential to the personal and professional well-being of today's HR leaders. And yet, many of them are out there right now, spending countless hours advocating for further professional development in their organizations, without having access to those growth opportunities. It goes without saying that today's (and tomorrow's) HR leaders need the interpersonal skills and industry knowledge necessary to be effective. But with the rapid cultural, technological, and economic changes we've seen in recent years, the HR function has become much more complex. The skills HR professionals need to keep up with the daily demands of their work…
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Creating Employee Engagement: Concrete Examples in Action

Creating Employee Engagement: Concrete Examples in Action

'Drive employee engagement' sounds like a great goal. We know that employees who are engaged at work are more productive, more innovative, and are likely to stay with their employer longer. But what does employee engagement look like in practice? Beyond fun team-building activities, what practical ways can organizations help employees feel motivated, inspired, and connected to their work? From the experts at 15Five, here are some concrete steps and employee engagement examples that can help you in your efforts to create a highly engaged workforce. Clarify responsibilities and objectives. 'Role clarity' sounds very basic. Doesn't everyone know what their…
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Forbes ranks 15 Top Five Overall Talent Management Software

Forbes ranks 15 Top Five Overall Talent Management Software

We are proud to share that Forbes ranked 15Five as Best Overall Talent Management Software by 2023! They provide this analysis for HR teams to choose the right solution for their businesses to "achieve a high-performing, productive workforce." Why were we ranked #1 out of 26 of the leading vendors in the space? After looking at 34 metrics like transparent pricing, employee self-sufficiency, support for third-party integrations, and access to customer support and customer ratings, a few things stood out. They loved our focus on employee engagement, with engagement surveys designed to measure employee growth and satisfaction. Clients can choose…
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Why Employee Engagement Matters in 2023

Why Employee Engagement Matters in 2023

Just when we thought we were making progress on employee engagement, the US took a step back in 2022, according to a new gallup report. The study found that while the number of engaged workers held steady at 32% last year, the number of active workers disengaged employees increased to 18%. While we have thankfully overcome some of the challenges related to the pandemic of the early 2020s, now is not the time to take our eyes off the road or take our foot off the gas when it comes to the personal and professional well-being of employees. Addressing the…
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