President Biden doesn’t plan to ease up on climate change initiatives if reelected next year. In fact, it looks like the current commander-in-chief could increase the pressure on companies slow to embrace clean energy. The New York Times reports four…
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Now more than ever, businesses should be prepared to understand and handle union contracts. The reason? A new ruling from the National Labor Relations Board (NLRB) just paved the way for employees to unionize without an election. According to the…
Thousands of concerned stakeholders told the Biden administration to pare down or yank its controversial climate change disclosure rule. The sticking point is a requirement for companies to calculate and report indirect aka scope 3 emissions of greenhouse gases (GHGs).…
Cyber attacks that disrupt a company's business must now be reported under a rule which went into effect last week. The stated goal of the rule is to inform potential investors of a company's cybersecurity and what it's spending to…
Employer health insurance plan costs are set to spike for next year. All the experts are in agreement on that point. The only question is just how much higher coverage will cost. Employee benefits consulting firms Mercer and Willis Towers…
IRS has given employers two extra years to implement a Secure 2.0 Act provision that's bringing tax changes for certain retirement plan catch-up contributions. Section 603 of the Secure 2.0 Act says that if employees whose wages exceed $145K in…
The Biden administration is planning to add another reporting requirement for publicly traded companies. This time it's taxes paid to jurisdictions a company does business in. The beneficiaries of the new rule are investors who want as much info about…
A proposed change to overtime eligibility by the Department of Labor is causing a fair share of angst for many employers. Companies in the manufacturing and retail sectors will be impacted most. The Biden administration is calling for a roughly…
B notice season (September through October) can be a minefield for A/P pros because nobody wants the extra work of calculating 24% backup withholding or fielding calls from unhappy vendors about the reduced payments. It should come as no surprise…
Finance pros are doing quite a bit better than people in other sectors when it comes to compensation. Nearly 60% of workers report they've gotten stiffed by their employers in the last two to three years. OnePoll asked 1,859 adult…
The money- and time-saving benefits of artificial intelligence (AI), automation and other cutting-edge technologies are spurring companies to recruit and hire the best practitioners. For now the demand is greater than the supply. Weekly job postings for generative AI positions…
Just as consumers are finally cutting back on spending, we can count on B2B customers to do the same, across all industry sectors. The good news? Companies that offer superior products and services and can easily demonstrate their expertise will…
