SMES ACCOUNT FOR 84% OF EMPLOYMENT

SMES ACCOUNT FOR 84% OF EMPLOYMENT

. SMEs in Nigeria are broadly defined as businesses with turnover of less than N100m per annum and/or less than 300 employees. 96% of Nigerian businesses are SMEs. 2. In Nigeria, SMEs account for 84% of employment. 3. The reality of this data, is that 4 out of every 5...
Know Your Rights, Know The Law!

Know Your Rights, Know The Law!

Question 11: Is an employee entitled to earning a salary when sick? Answer: Section 16 of the Labour Act provides that an employee is paid sick leave of up to twelve working days in one calendar year where absence from work is caused by a temporary illness certified...
On Resignation Etiquette

On Resignation Etiquette

Never end an agreement that was made face to face via email. It never looks good. Honour agreements and contract terms. Any changes to terms should be agreed via a discussion. Feedback is a valuable tool to improve challenges in relationships, use it to express your...
10 Interview Tips to Get You That Job!

10 Interview Tips to Get You That Job!

Congratulations, you succeeded a major hurdle. You beat a large pool of applicants and got shortlisted. The interview went well or so you thought. So why weren’t you invited back? Why didn’t you get that job?We may never really know why, however there’s always room...
WHY BUSINESSES CHOOSE LAYOFFS OVER PAYCUTS?

WHY BUSINESSES CHOOSE LAYOFFS OVER PAYCUTS?

So I was asked, why do a lot companies lay off, instead of negotiating pay cuts or accepting offers from some employees to work for free? I will speak for myself and a few other business owners that I have had this conversation with. The simple answer is, no one wants...