If you believe workplace polls, more than half of working adults do just about the bare minimum that’s required to keep their jobs. And that’s because their bosses either aren’t aware of the problem or (more commonly) they just let their employees get away with it. Unless supervisors and department heads confront staffers about performance […]
Business school students aren’t waiting until springtime to apply for jobs and internships anymore. Hiring managers are busy sifting through resumes and applications right now, trying to find the ever-elusive “best fit” for their companies. The good news for employers: Business schools are growing in terms of enrollment and the programs and coursework they offer. […]
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers Insurance and Annuity Association of America (TIAA) and the Global Financial Literacy Excellence Center (GFLEC) quiz working adults on their knowledge of investment choices, saving money, insurance options, the stock market and so […]
Earned wage access, also known as on-demand pay, is being leveraged by your peers as a key recruitment and retention tool for workers who may be strapped for cash right now because of the high prices of gas, energy bills and groceries. In a Zoom interview, Scot Parnell, CFO of DailyPay, estimated that 37% of […]
Cybercriminals who are out to steal your company’s money are getting smarter. Even a password that uses a capital letter, at least one number and a special character can be cracked by hackers because people tend to use the same 32 keyboard characters. One school of thought on better password security is using simple, long […]
When you break down your labor costs, it’s probably employee base pay that eats up the most money. Yet it’s an expense you can’t afford to live without because base pay’s also a significant factor in employee recruitment and retention in today’s competitive labor market. Today’s workers crave organizational transparency, including about their compensation. In […]
One trait of good leaders is they instinctively teach and train people so that eventually they’re ready to take positions of leadership themselves. While you probably aren’t trying to groom your successor, you might have someone in mind for a supervisor position, project leader or managerial position for some aspect of finance such as Payroll, […]
In 2022 about a dozen states put law changes – some at the constitutional level – directly into the hands of the voters on Election Day. Here are some of the major measures that passed that may require you to adjust your payroll practices or rewrite your organization’s policies. Employment law changes In Washington DC, […]
The Federal Trade Commission (FTC) is proposing to ban noncompete clauses in employment contracts, long used by companies to prevent highly-valued employees from quitting and joining a competing firm. Bottom line: While it’s great news for talented professionals with options and experience in fields like finance, the reg poses a daunting challenge for businesses looking […]
