What are the limits on overtime hours that my employees can work?
The maximum number of overtime hours is 80 per year. Additionally, there are certain limitations depending on the worker’s age (those under 18 are not allowed to work overtime) or type of schedule (night workers are also excluded). Through the Oficina Económica, we offer free advisory services. You just need to request them using our […]
What methods can companies use to record working hours?
There are different time-tracking methods, but the most common include digital clock-in systems, mobile apps and schedule management software, biometric systems such as fingerprint or facial recognition, and electronic cards or QR codes for access. Don’t hesitate to request advice from our experts.
Why is working time registration mandatory in companies?
It has been mandatory for all companies in Spain since the entry into force of Royal Decree-Law 8/2019. Its objective is to ensure compliance with working hours, prevent overtime abuse, and provide greater transparency in labor relations. Don’t hesitate to request advice from our experts.
I had a cash surplus, how can I make it profitable?
If you have a cash surplus, you can use it to improve your company’s finances through internal investments, such as paying off liabilities or reducing the average payment period to suppliers in exchange for a discount. If you prefer to invest it externally, you can always opt for common alternatives like creating investment funds, managed […]
How does good internal communication influence business success?
Efficient internal communication directly impacts a company’s success by improving team coordination, increasing employee motivation, and reducing workplace conflicts. Additionally, it strengthens corporate identity and allows for better adaptation to market changes and challenges. Through the Economic Office, we offer free advisory services. You just need to request it through our form.
What common mistakes should companies avoid in their internal communication?
It is common to encounter a lack of clarity in messages, which leads to confusion; improper use of communication channels, such as excessive emails; lack of employee feedback; outdated or inaccessible information; and misalignment between internal communication and the company’s values and objectives. Through the Economic Office, we offer free advisory services. You just need […]
How can a company foster effective internal communication?
Primarily, by clearly defining communication channels for employees, promoting a culture of transparency and open dialogue, encouraging communicative leadership at all levels of the organization, implementing digital tools, and conducting audits or periodic reviews of results.
What are the most effective tools to improve internal communication?
There are several options that can optimize communication within a company, and the best choice will depend on the organizational structure. However, the most common tools include: Instant messaging platforms (Slack, Microsoft Teams). Internal newsletters or corporate bulletins. Intranets and internal portals. Regular meetings and informal gatherings. Satisfaction surveys and suggestion boxes. Through the Economic […]
Why is internal communication important in a company?
It is key to the proper functioning of any company as it facilitates the flow of information between employees and departments, improves the work environment, fosters commitment, and increases productivity. Good communication reduces misunderstandings and strengthens organizational culture. Through the Economic Office, we offer free advisory services. You just need to request it through our […]
What factors influence the interpretation of financial ratios, and where can you find comparative data?
Although reference values are sometimes provided for financial ratios, they should not always be taken literally. There are factors such as the general economic situation and the specific context of your company that may justify results that don’t initially match those benchmarks. In general, these conditions and other references, such as trends over time or […]
