You may want to remind your supervisors how important it is to be compliant with the Family and Medical Leave Act (FMLA) when dealing with absent employees. Two companies recently received an expensive reminder of this from the Dept. of…
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Heads up: IRS has announced that interest rates will rise yet again in the third quarter of the year. The new rates are listed in Rev. Ruling 2022-11. Effective July 1, 2022, the new interest rates will be: 4% for…
Because of how sophisticated cybercriminals have become, to protect your company's money and data, it may be wise to make risk assessments of your vendors' security protocols. This is especially true for new business relationships you may have entered because…
If your company has been thinking about creating a leave donation program to help the victims of Russia's invasion of Ukraine, the IRS has just approved it. In Notice 2022-28, the IRS issued guidelines for employers wishing to adopt a…
Just like many of your peers, Goldman Sachs felt like it had to do something big to retain top Finance talent. In its case, it was offering unlimited PTO for senior employees, and adding two days off each year for…
The team members in each of your organization’s departments probably follow a set of standard operating procedures for their most essential processes. It's second nature to them, but not for employees outside that department. So what would happen if there…
Diversity, equity and inclusion should be an important part of your hiring strategy at your company, and in Finance as well. Making the effort to be inclusive can draw in more talented new hires and help you grow your client…
The impact of continuing business disruptions related to COVID, the war in Ukraine and inflation have demonstrated that traditional budgeting and forecasting processes that can’t handle rapid changes are actually harmful to the bottom line. According to the experts at…
Inefficient manual processes are getting to your A/P team, especially when they’re working with invoices. The current state of affairs is leading to burnout that, if left unaddressed, could increase turnover at your company. Over three-quarters of A/P staff said…
Valuable tax credits from the IRS could be an untapped boost to your bottom line. With today's tight labor market, the Service reminded short-staffed organizations in a recent press release, about the Work Opportunity Tax Credit (WOTC). To take advantage…
An Americans with Disabilities Act (ADA) court case can be a costly nightmare for employers. An emerging problem that's making it difficult to stay ADA-compliant is the algorithms and artificial intelligence (AI) companies like yours use to efficiently make hiring…
Your staff members who have caregiver obligations to a family member, or someone with a disability, technically aren’t a protected class under federal law. However, a technical assistance document issued by the U.S. Equal Employment Opportunity Commission (EEOC), “The COVID-19…
