Category Archives: Protecting Your Company

Share the Profits Promotes Increased Profits

What happens when a restaurant eliminates tipping? Not tipping generates triples the profit for the restaurant, while motivating waiters to improve their service to customers. Seems an ideal move for everyone. How did the owner of Bobby Fry, the owner of Bar Marco accomplish this?

The real kicker is that Bar Marco cuts his employees into the profits stated the Examiner. As his profits increased from $3,000 to $9,00 per week, Bobby Fry increased waiter’s income from $35,000 per year to between $48,000 and $51,000 per year. Also, employees receive 500 share in the company which makes the success of the restaurant business also the employees’ financial success. The employees have a stake in the restaurant. The employees have health care and paid vacation which are benefits not perks. Treat waiters well and they perform well for you.There is an interesting twist. In most restaurants, dinners tip the waiters, but rarely, if ever, do dinners tip the chiefs. In Bar Marco, waiters are not tipped, but it is acceptable to tip the chief. It makes imminent sense. The restaurant business is very competitive and depends of the skill and charisma of the chief. Chiefs are the masters of the quality of the food, and its presentation to the dinners.

Data Breaches: Protecting You and Your Companies’ Assets

Whether your employer houses confidential information or not, we’d all like to think that our private information is safe in general. However, with the passing of each year we hear more and more about data breaches and how unsafe we really are.

The most recent of these attacks on sensitive information was centered on Japan’s pension system. Identity Theft is a serious problem across the globe. Since 2005, there have been more than 5,000 reported breaches and 675 million records leaked. In this situation Japan’s pension system was hacked with more than one million files of personal information leaked.

According to the pension service staff, their computers were infiltrated by an external email virus that unearthed names, birth dates, addresses, and personal identification numbers. This attack really hit home for the country as pensions are peoples’ retirement plans and are considered sacred. Years of scrimping and saving can lead nowhere if the proper precautions aren’t taken for safety.

The IT department at STX Entertainment says there are several things you can do to protect yourself and your company if there is confidential information being stored. First and foremost, know which documents are maintained inside and outside your organization and who looks at them. What devices are being used to look up these vital documents? Is the software secure against computer attacks? Use strong passwords and change them at least a few times every year.

With a cautious mind and an aware mindset, you’ll be on your way to a leak-proof workplace in no time!