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Want to Retain Your Employees? Be Flexible During the Holidays.
The holidays are right around the corner, which means that in the coming weeks, you're likely to find yourself short-staffed at work, and perhaps under pressure. Now, imagine what life at the office would be like if you were to have no choice but to operate on a skeleton staff year-round as a result of having lost key
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Watch Out for Fraud While Holiday Shopping
Nov. 24—(StatePoint) While gifts are being wrapped and lights are being hung, fraudsters are devising ways to leverage the holidays to scam you out of
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What Employers Need to Know about 401(k) Plans
In a tight labor market, businesses need a retirement savings plan to recruit and retain good workers. In fact, about 80% of Americans work for an employer with a 401(k)-style retirement plan. In the following conversation, Robert Diedrich, president-wealth management division, First Midwest Bank, discusses recent rule
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What information does an employer have to give regarding a 401(k) plan?
Any employer who offers a 401(k) retirement plan is required to provide each plan participant, free of charge, copies of the summary plan description, the summary annual report, and an annual statement of the participant's account. In addition, every participant has the legal right to request, in writing, a host of oth
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What The Self-Employed Need To Learn From The PPP Loan Process
2020 has been a year of many lessons. From social distancing to coloring our own hair, we have all had to learn to adapt in a pandemic-driven world. It has been a time of change, reflection and fear. For many self-employed individuals, the Covid-19 pandemic has provided an additional lesson: education in the finances
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What to Know About Mortgage Escrow Accounts
When you finance your home with a mortgage, your lender will likely require you to maintain an escrow account. With this setup, a portion of your monthly mortgage payment is set aside to cover your annual property taxes and home insurance premiums.
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What You Need To Know About The New Tax Credit Meant To Help Businesses Of Practically Any Size Keep Employees On Payroll
As COVID-19 continues to impact the United States, the federal government is taking action to ease the burden on taxpayers. Most recently, Congress passed a massive stimulus package that was signed into law by the President. The stimulus bill (also called the Coronavirus Aid, Relief, and Economic Security Act, or the C
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Why Business Model Innovation Could Be The Key To Getting Better Results
By Christoph Zott, professor of entrepreneurship at IESE Business SchoolgettyThe pandemic has brought so much to a halt: travel, economic growth and pre-pandemic-style socializing, to name a few. Yet, the restrictions in place to protect public health need not limit business leaders’ imaginations. In fact, this is a pr
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Why Employee Engagement Is a Top Priority for CEOs in the First 90 Days of 2025
The first three months of a new year offer businesses the opportunity to grow and thrive. Read on to find out why CEOs are prioritizing employee engagement to fuel that growth
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With inflation at a 41-year high, you should be asking for a raise — here's how to do it
Inflation has hit a 41-year high, and many Americans fear price increases are outpacing wage growth. Common knowledge says to ask for a raise because