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How Small Businesses Balance Their Staff With Freelancers
Now, small businesses balance their staff with freelancers. A recent study done by UpWork.com and the Freelancers Union found that around 57 million Americans were working as freelancers as of 2019. This makes up about 36 percent of the U. S. workforce and amounts to $1.4 trillion in earnings. The term “gig economy” ha
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YOUR MONEY: Tax planning for businesses in the year ahead
As I mentioned in an earlier article, the landmark passage of the Tax Cuts and Jobs Act (TCJA) in late 2017 brought the most significant changes to the tax landscape we have seen since 1986. Previously we discussed how individuals were impacted by the changes, but businesses could also have significant adjustments to m
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Maximum employment? What it means post-pandemic may have changed already
WASHINGTON (Reuters) - The U. S. unemployment rate hit a record low of 3.5% a year ago, but that bit of history comes with a footnote. It arguably was not the best overall time for workers in recent decades. That honor goes to the final months of 2000. Even though unemployment rates were a bit higher, wage growth was s
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Four Takeaways From Fed Chair Powell’s Testimony Investors Should Know
TOPLINEFederal Reserve Chairman Jerome Powell told the Senate banking committee on Tuesday that there is still “significant uncertainty” about an economic recovery, while adding that the Fed will let the market dictate the pace of its corporate bond purchases. KEY FACTSDuring the first day of his semiannual testimony b
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4 things Biden can do to tame COVID and inflation right now, according to former Fed economist
Biden's plans are helpful, but they won't bring the fast results the economy needs, says former Fed economist Claudia Sahm. Americans are desperate
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10 Goals Effective CEOs Deliver To Drive Long-Term Value
Balancing short term and long term goalsgettyThe CEO job is tough. And it’s getting tougher as modern business gets more complex. The role of the CEO is different from any other in the organization. The CEO must see the entire context within which the organization is operating, understand myriad forces at play, set a b
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Key Workplace Trends You Need To Know For 2024
As we near the end of 2023, many leaders and employees are asking the same question: What will the workplace look like in 2024?
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Three Paths To Increase Revenue and Margins
If you lead an organization or a business unit, odds are you have at least one objective related to growing your top line or improving the bottom line. The task is deceptively difficult. The goal to increase revenue (and/or improve margins) is a clear mandate but, practically speaking, one that is very difficult to exe
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Old National Bank: Providing Transparency, Protection and Security for Clients of All Ages
At Old National Bank we strive to gain our clients’ trust by always treating them fairly and with complete transparency. We do this by having policies
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What employers and employees need to know about leave policies before reopening
Employers could find themselves deep in litigation for refusing to let some employees stay home once coronavirus shelter-in-place orders are lifted. That was a key takeaway of a webinar conducted by legal and disability experts from MetLife. The presentation, hosted by the Disability Management Employer Coalition, expl