Teams

5 Tips for Aligning Your Remote Team’s Goals


5 min read

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With 52 percent of the global workforce already working remotely at least once per week before the current situation, it is becoming essential for businesses to cultivate a productive and engaged remote team. One key factor is alignment between employee and company goals. Studies show that when employees understand how their work contributes to company objectives, productivity increases by 56 percent. 

Here are five tips for how you can help your remote team align its goals. 

Communicate Regularly 

Remote teams cannot function without excellent communication. It is critical in any group dynamic, but in a remote work setting, when interactions are limited to explicit platforms like instant messages or emails, even more so.

You can schedule regular company-wide meetings to provide plenty of opportunities for information sharing. Daily check-ins or standup meetings are another great way

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The Co-op teams up with Freedom Finance on loans service

Alternative Lending

The bank said it will use machine learning to tailor loans to individual customers.

 The Co-op teams up with Freedom Finance on loans service

Image source: Image provided by Pixabay

The Co-operative Bank has launched a loans service, which it says will use machine learning to tailor loans to individual customers.

The bank has teamed up with Freedom Finance, the personal loan broker, on the service.

The Co-op said through machine learning and its technology, customers will be able to carry out a search of unsecured personal loan options which will not negatively impact their credit rating.

The Co-op said it has tailored a panel of lenders, which excludes payday lenders.

Loans will be available form £1,000 to £25,000 over a period of one to seven years, with interest rates ranging from 3.1 percent APR to 39.9 APR.

The bank said applicants will be able to receive funds on the same day as they apply for loans.

Brian

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