Archive for June, 2012

USA to Continue Funding Russian NGOs

Saturday, June 30th, 2012

The USA is resolved to find a new way for funding NGOs in Russia to circumvent currently developed restrictive legislation, according to information by Russian activists.

Saturday Russian paper Kommersant reports that NGO representatives were satisfied with the meeting with US Secretary of State Hillary Clinton who visited St. Petersburg to meet them Friday.


USA, USSR Will Make Bulgaria Gay Sex Tourism Destination – Nationalists

Saturday, June 30th, 2012

Saturday’s nationalist anti-Gay Pride rally in Bulgarian capital Sofia attracted only 200 protesters, but made some extravagant claims to boot.

Protesters have chosen “68 Years of Foreign Idols Worship are Enough” as the motto for their protest, strangely referring to 1944, the year Bulgaria begame a communist country.

However, they also cried out against what they see as an excessive interference of the USA in Bulgarian politics and society.


Bulgarian Roma Party Fear Blast Was Ethnically Motivated

Saturday, June 30th, 2012

Local representatives of Bulgaria Euroroma party have said they fear that ethnic hatred might have motivated the Friday blasting of their office in the south-western town of Sandanski.

This was revealed by the Blagoevgrad regional police head Georgi Kostov Saturday.

The powerful blast went off early Friday morning in front of the Euroroma Sandanski office, critically injuring a 59-year-old man, who Saturday has been transported for intensive care in Sofia.


Bulgarian Nationalists Launch Anti-Gay Hate Rally in Sofia

Saturday, June 30th, 2012

5 Bulgarian far-right nationalist parties have started their homophobic rally in protest against the Gay Pride scheduled in Sofia for Saturday afternoon.

Members of Ataka, VMRO, the Bulgarian National Union, the Bulgarian National Radical Party, and National Resistance assembled after 10 am in front of the National Palace of Culture.

They rally is scheduled to march along Sofia’s central Vitosha Blvd on to the Sveta Nedelya church.


Philipp Kirkorov Announces Newborn Son at Bulgaria Concert

Saturday, June 30th, 2012

??Russian star pop singer Philipp Kirkorov learned that a son was born to him during a concert in Bulgarian capital Sofia Friday evening.

The artist, who was born in Bulgaria’s Varna, announced news in a highly emotional statement during the show.

“I am full of emotions….


Gas well approved for N York Moors park

Friday, June 29th, 2012

Despite Moorland Energy’s plans being in breach of countryside protection policies, Eric Pickles decides economic benefits outweigh objections

The Number One Reason Employees Stay in a Small Business, According to Employers

Friday, June 29th, 2012

If you’re like most small business owners, you’ve invested a sizable chunk of your company’s time and money into recruiting, onboarding, and training employees.  Naturally, you do not want to lose good people — because then your investment is wasted.  On top of that your business may be plunged into a mini-crisis by losing a great performer who is difficult to replace.

boss staff

But the question on the minds of small business owners like me is, what exactly does it take to attract and retain good employees today?  And can small employers compete with large employers able to offer bigger financial packages?

A recent survey has some good news.  Among employers polled, the number one benefit offered was … drum roll please:  paid vacation time.  That is the top benefit that employers surveyed in the GrowBiz Media Small Business Hiring and Retention Survey 2012 said they offered their employees.  Over sixty-seven percent (67.7% to be exact) said they offered paid vacation.

To me that’s not surprising — it doesn’t necessarily cost anything out of pocket to offer paid vacation.  So it’s within the reach of more small employers to offer paid vacation than to offer benefits that cost additional out of pocket.

If anything surprised me, it’s the percentage of employers who said they do NOT offer paid vacation.  I find it remarkable  that in this day and age, that nearly one third of the employers said they do do not offer vacation.

The Top 5 Benefits Offered

And what about other benefits? The benefits most often offered by small employers with between 2 and 50 employees  include, in order:

  • Vacation time – 67.7%
  • Personal days off – 63%
  • Health insurance – 57.5%
  • Flexible working hours – 56%
  • Bonuses – 55.3%

The Number One Retention Factor Is Not Benefits At All

But if you really want to know what keeps employees around in a small business, it isn’t benefits at all.  It’s the relationship the employee has with management — at least, that’s what employers say.  Those surveyed said the following were the top factors influencing employees to remain:

  • Manager-employee relationships – 78%
  • Company culture – 66%
  • Employee benefits – 53%

The survey results did not include a question about salary, so we don’t know where pay fits into the mix.

No Upside to Burning Out Your Employees

When you look at this list, it shows you that investing in relationships and working conditions help your business  compete against larger employers for the available talent pool, and yield good results.  From the employer side you are getting something good in return.  Refreshed, happy, well-balanced employees  are typically better performing.  They are more likely to stick around longer term, meaning less turnover and repeat hiring, onboarding and training for you.  As a result, your business runs more smoothly and there’s less churn.  That’s good for business.

Let me offer an analogy:  employees are an asset like anything else in your business.  You wouldn’t run a valuable piece of equipment into the ground without maintenance, until it breaks and is worthless.  Your employees deserve at least as much consideration and respect.

And remember:  this is not asking employees what factored into their decisions to stay with their existing employers, but rather focused on what employers thought influenced employees to stay.  Still, it points out that small business employers believe they have something to offer that employees want:  good working relationships and a good company culture.  Oh, and some benefits, too, especially quality of life benefits.  View the full employer survey results.

Are you surprised?  And employees, you’ve heard from the employers — now, what do you say?

Manager and Staff Photo via Shutterstock

From Small Business Trends

The Number One Reason Employees Stay in a Small Business, According to Employers


PM Borisov: EU Leaders Look Up to Bulgaria

Friday, June 29th, 2012

All EU leaders mentioned Bulgaria as a good example of state finances during the latest European Council Summit in Brussels, Bulgarian Prime Minister Boyko Borisov announced.

Borisov spoke in the Black Sea city of Burgas Friday night, just hours after arriving back from Brussels where he took part in the EU summit meeting that produced an agreement to support directly struggling banks without adding to government debt.

“Everybody pointed to Bulgaria as an example – because in 2….


Czech Energo-Pro Starts Operating Network in Northeast Bulgaria

Friday, June 29th, 2012

German electric energy company E.ON has finalized the deal to sell its Bulgarian unit E.ON Bulgaria to private Czech company Energo-Pro, it emerged on Friday.


DSK, Wife Set to Sue Magazine over Separation Claim

Friday, June 29th, 2012

Former IMF chief Dominique Strauss-Kahn and his wife Anne Sinclair said Friday, June 29, they would sue French celebrity magazine Closer for invading their privacy with a story claiming they had separated.

“Having taken note of the cover and content of celebrity magazine Closer, Dominique Strauss-Kahn and Anne Sinclair have decided to sue this publication for invasion of privacy,” their lawyers said in a brief statement, cited by BGNES.

They neither confirmed nor denied the report….