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>Adjusting white-collar wages and salaries: Proper documentation keeps facts together and makes money discussions with your employees easier
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Adjusting white-collar wages and salaries: Proper documentation keeps facts together and makes money discussions with your employees easier
Isn't it nice to review all of your prof- its as you prepare for your year-end income tax reports? Unfortunately, you must also manipulate all of your costs, overhead, expenses, deductibles and depreciation to determine how much of that profit you can keep. Fortunately, Uncle Sam requires keeping all of those records to justify what you made or lost, as well as where and how it happened. It's too bad no one ever made us keep track of why! Everything you made or lost in 2004 happened because of what you or someone on your payroll did or did not do: · How many of you diligently "kept score in '04"? · How many of you are now wishing you did? Your scorecard for each employee's performance establishes "who done it" along with why it happened. This evidence provides ample justification to reward what was great, remedy whatever needs attention, discipline lack of effort, and eliminate anything wrong.
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