Supporting Employees Who Are Caregivers 

WORKFORCE RETENTION  Amid the pandemic and the subsequent labor shortage, many employers realized how much personal responsibilities—like caregiving duties—can impact hiring and retaining workers.     THE CAREGIVER DEMOGRAPHIC  According to the Dept of Labor, as many as 1 in 5 full-time workers juggle both work and caregiving responsibilities for their children, their parents, or both.   A Pew Research Center survey found that nearly 23 million Americans work a full- or part-time job while also providing […]

Employee Retention Tax Credit

You may have received advertisements where an unknown company will get you up to $26,000 per employee. Just file with them and you will get free money from the government. Seems too good to be true? Well yes and no.   Yes, you can get up to $26,000 per employee in the form of a refundable tax credit but you should be wary about using an outside source. The Internal Revenue Service has issued a […]

The Impact of the “5 Great R’s” on the Labor Shortage 

Excerpted from The Empathy Advantage: Leading the Empowered Workforce by Heather E. McGowan and Chris Shipley. Copyright © 2023 by John Wiley & Sons. All rights reserved. This book is available wherever books and e-books are sold.    THE GREAT RESET   THE GREAT RESET is a convergence of employment trends that has been decades in the making—culminating in a changed relationship between employers and the workforce. The American workforce is no longer centered on where […]

CARES Act and Student Loans 

If you have employees with student loans, there is an often overlooked benefit included in the CARES Act. Employers can contribute up to $5250.00 per year toward an employee’s student loans and it will not count as taxable income to the employee. This is a great benefit in two ways; it stretches the impact of your employee benefit dollars, and it increases the amount of untaxed money paid toward student loans (standard repayment only allows […]

What Is Calculated Innate Value?

Calculated inbuilt value is a way to estimate the cost of a company or perhaps asset, this means you will help you make good investment decisions. This sort of calculation can take a lot of approaches, including numbers-based to more very subjective and qualitative factors. 1 approach to establishing intrinsic worth is the cash-based valuation technique, which focuses on the expected near future income of any asset or perhaps company. For example , if […]

Greatest Data Space Services — What to Look For

Best Data Room Offerings: What to Look For When choosing a data space, you want to locate a service that provides secure and convenient safe-keeping. You should also locate one that is easy to use and provides if you are an00 of customer support. Cost framework is another factor, and you should pick the right service provider depending on your budget. A large number of providers give a variety of prices, including every page and […]

Upskilling Your Employees

Transforming good workers into great workers = business success! The #1 employer complaint these days is “I can’t find good workers.” The challenge is not just finding a talented staff but, even more importantly, keeping the ones you have! In a tight labor market, retaining and engaging your existing employees saves you time and money.   Hiring VS Upskilling Costs Average cost of hiring a new employee* = $10,000 – $15,000 Average cost of upskilling […]

Want more workers? Tell Your Company Story! 

Why do I want to work for your company?    WHAT’S A COMPANY STORY?  In a tight labor market, when your company is competing for a limited number of job applicants, you want to let potential employees know why your company is worth working for!   Your “company story” is not just a history of how your company came to be, or even what it does to make money! Your company story needs to be a […]

Ways to Provide Safeguards For Your Data

Protection for your data is mostly a crucial component to a business. Losing or compromising your details could cause significant injury to your business. This can include earnings loss, dropped consumer trust, and reputational damage. If you have a company, or a huge enterprise, protecting your data is important. Without proper protection, data can be stolen, lost, or even just destroyed. Thankfully, there are a variety of effective methods for protecting your data. First, be […]

Streamline Your Traditional Management Method With the Right Tools

Paper administration can be a time intensive, expensive, and clunky method. It can cause productivity and employee satisfaction to take a dive. The ideal tools can easily help to streamline your process and make this more efficient. Whether it is a simple paper shredder or possibly a cloud-based solution, there are techniques to eliminate the chaos from your workplace. One of the first procedure for improving your magazine management method is to make a […]