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Posts Tagged ‘perks’

How to Throw an Office Party on a Tight Budget

by Steve Strauss on December 8th, 2009

Q: Hi Steve – I have been asked to organize something for the office for the holidays – a party, an outing, something. In addition, I have been given a ridiculously small budget. How do I do it without making the boss look like a cheapskate (which he is not)? Annie A: I bet you didn’t know that the tradition of the holiday party started during the Great Depression when employers wanted to give their staff an affordable perk since things like raises and bonuses were mostly out of the question. Although they grew over the years, the office party’s... Read more »

30 Great Ideas for Doomsday (or Any Day) Budgeting

by Barbara Weltman on August 14th, 2009

If your business is on the edge of disaster and you need to count every penny in order to survive (or you just want to run leaner and meaner so you can optimize profits), here are 30 ways to slash your expenses, conserve your cash, and weather this economic tsunami. Payroll costs 1. Eliminate all raises and bonuses. While staff may have come to expect these annual payments, they prefer to have job security, something that can only be assured if you stay in business. 2. Eliminate 401(k) and other retirement plan contributions. 3. Reduce medical coverage. Shift more of... Read more »