Most businesses think we're already in a recession or it's coming early this fall. The good news is, most are fairly confident they'll survive it. There's just one major catch. Businesses short on cash are balking at high interest rates…
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The requirements for paying the prevailing wage under federal law have been slowly expanding for decades, but now, updated regs have brought marked changes. The Department of Labor (DOL) issued a final rule on August 23, 2023, revising the regs…
Picture this scenario: An employee clicks on an email from a co-worker who's already left for the day. Nothing in the email subject line to suggest it's a phishing attempt or anything more malicious. So the employee clicks on the…
If you're like most employers, you offer paid holidays. But how about paid floating holidays? As we head toward year-end, consider your company policy on this. Floating holidays can be a bit of a misnomer – they may have more…
How managers and supervisors handle their employees' mistakes has a big effect on trust, morale and productivity. When leaders handle these situations poorly, it can damage staffers' confidence and trust, thus making them less likely to report mistakes they discover…
Environmental, social and governance (ESG) ratings of companies was never as popular as many in the media made it out to be. And the more the public and investors come to learn about ESG, the less they like it. CEOs…
Publicly traded companies that offer stock options may want to touch base with their tax accountants. That's because the IRS is launching an enforcement crackdown on employee stock ownership plans (ESOPs). The goal is simple: Make an example out of…
Businesses will be able to get new hires on the payroll more quickly, now that inspecting Form I-9 documents remotely has been given the green light. The new procedure took effect August 1, 2023. You may recall that during the…
Be sure your company gets the latest version of Form I-9. The new edition went into circulation on August 1, 2023, with its use required shortly after that. In fact, the last day you can use the old form is…
Fact: When people hear info, they'll typically remember only 10% of it three days later. Add one or more images to a presentation though, and most folks will remember about 65% of the info they hear, even a few weeks…
The latest interest rate hike by the Federal Reserve should've come as no surprise to anyone. The Fed's made its intentions clear since it began ratcheting up the federal funds target rate in March 2022. And the media leaks in…
The more invoices a business is sending out, the better the health of the company. After all, a lot of invoices in the pipeline means a company's products or services are in demand. What CFO wouldn't be happy in that…
