Employees are your strongest asset, yet many organizations are choosing a reduction in force when the going gets tough. It is easy to say, “Well, we are in a financial bind, so reducing labor costs is our only option.” There are several other actions your company could take which wouldn’t jeopardize your employees’ livelihood.
The way people work will forever be altered after the COVID-19 pandemic, and the aftereffects are still hitting the corporate world hard. The pandemic made working from home mainstream, forced many individuals to file for unemployment, and inspired others to leave the work-force altogether. Regardless of the reasoning, the pandemic has stretched our labor force
Incidences of identity theft are unfavorably common across the United States. Thus, it is crucial to understand the fundamental ideology of safe technology use and be mindful of cyberattacks. As technology usage increases yearly, so does the number of fraudulent, tax-related cyberattacks during tax season. Correspondingly, in 2021 the IRS issued a program to
How Coaching Culture Can Add Value to Your Business Creating a coaching culture within the workplace is the practice of providing employees with the knowledge, tools and opportunities needed to become successful. This culture filters through all interactions, in particular, how leaders provide feedback to employees, how employees engage with peers and how employees
Our country has seen tremendous growth in inflation rates across all industries, and although we may be nearing the peak, the end may still take some time. High prices have affected purchasing power and changed the way we buy and sell. Business owners have had to compete with the inflation rates by raising prices,
Businesses continuously search for ways to grow their businesses through hiring top talent, expanding their markets or upsizing their company. Although these objectives seem like obvious strategic goals, many businesses face continuous challenges while trying to achieve them, especially without proper planning. If a business wants to achieve their strategic goals pursuing a Merger or
Have you thought about your financial situation recently? If not, now is a great time to do so before 2023 begins. Many individuals will create New Year’s resolutions in January to do better in some way—use this time to strategically think about what your new path to financial freedom may look like. To get
With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time.
U.S. businesses are facing pressure to drive revenue, manage costs and increase shareholder value, all while surrounded by economic and political uncertainties. Disruptions to supply chains brought about by the pandemic have continued into 2022.
With the end of the year approaching quickly, it’s the perfect time to review your finances and restructure any investments you may have. Some strategies apply to specific age demographics, although this list serves as a great reminder of what may lie ahead for you.