Nearly a quarter (22%) of workers suffer from a treatable mental health condition, according to the National Institute of Mental Health. And a significant amount of these workers are seeking help in all the wrong places. That incorrect treatment could be putting a significant dent in your bottom line.
There appears to be a growing gap in communication on a key issue facing most companies – an issue that could result in a massive hit to your bottom line.
Nobody really wants to dock an employee’s pay.
With all of the time your Finance department spends make sure everything pay-related gibes with FLSA standards, it’s easy to see how state regs could be overlooked from time to time. Unfortunately for employers, those mistakes almost always prove very, very costly.
Most incentive plans are aimed only at managers or those employees who clearly influence the bottom line. Doesn’t have to be that way.
When a job requires employees to log more than 40 hours per week on a regular basis, is it safe to say overtime is an “essential job function” of that position and deny an accommodation request that attempts to skirt the OT?
If money is tight and raises just aren’t feasible, there’s another way to show employees that they’re valued: train them to do more.
Publicly traded companies are increasingly taking one of the safest routes for investing profits:
It’s not surprising that your peers have a less optimistic outlook about the economy now than they did at the beginning of the year. In fact, only about 39% of CFOs surveyed by Grant Thornton in its Q2 2022 CFO Survey were optimistic about the state of the U.S. economy over the next six months. […]
Doctors say it’s comparable to a drug addiction … and it could cost your company just as much.
Here’s a recycling idea that reduces waste disposal costs and can boost company profits too:
While you don’t have to pay employees for the FMLA leave they take, you still have to be aware certain pay-related issues while they’re on leave. And as one company recently found out, not doing so can prove to be very, very costly.
Get ready: The DOL’s final rule revising the white-collar overtime exemption regulations has advanced. So Finance staffers now have a pretty good idea of when it’ll go into effect.
A reduction-in-force might increase cash flow, but is your company prepared for the employee exodus that’ll follow?
A Republican president isn’t the only major change ushered in by the election. Several states will get a minimum wage bump as a result, too.
When a person asks, “How much money will I need in retirement?” the only honest way to answer is with, “It depends.” What’s most helpful is steering the person’s thinking in another direction so they can take honest stock of their finances before it’s too late. Employees may come to you or other trusted financial […]
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