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How to create a good culture for your small business
While the culture or atmosphere at any business can be critical to attracting and retaining top workers, it needs to be a focus for small business owners who can't offer the kind of salary and benefits that bigger companies do. Many owners are busy with customers, vendors and finances, and culture isn't something they
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US economy grows at modest 1.9% rate in third quarter
WASHINGTON — The U. S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. The Commerce Department reported Wednesday that the July-September performance for
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3 Tips for Investing in Your 50s
The years in your 50s are pivotal ages on the road to retirement. At this stage of life, you may be making plans for how you'll spend your senior years and when you'll close out your career. You might also be grappling with college tuition payments for your children or other expenses that eat up a lot of your income. T
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5 Steps to Take Before You Apply for Cyberinsurance
Avoid missteps that can impact your coverage and premiums. Cybersecurity is a critical issue for businesses of all sizes. Partly this is because of
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3 steps to greater FSA/HSA participation
The rapid spread of COVID-19 has emerged as one of the biggest health crises of our time, with plenty of uncertainty still to come. In response, many American families have turned to self-funded health care benefits like flexible spending accounts (FSAs) and health savings accounts (HSAs) to purchase over-the-counter m
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Roth Option Will Improve Your Company 401K
Many of your plan participants would greatly benefit from a Roth 401(K) provision. From the perspective of the plan sponsor, it’s a no brainer. It should be available on every plan. And you can enhance your plan benefits without one single penny of additional cost to the company. Roth 401(k) provisions are grossly und
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5 questions to ask at your first financial planning appointment
Summary List PlacementAt your first financial planning appointment, it's a good idea to ask your financial planner about the total cost of their services (including any underlying fees in your portfolio) and how many clients they have. Ask about the plans they have to cover your needs if they leave the business, such a
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8 challenges for business leaders that will shape year 2 of COVID-19
Corporate boards and executive teams are typically considered effective if they are able to help a business navigate a global crisis in parallel with maintaining day-to-day operations. If only the bar was as simple and set so low right now. As we enter the second year of the COVID-19 pandemic, the intersection of the o
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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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5 Ways To Make a Business Case for Virtual Reality in Healthcare
There were roughly 90 first-year medical students that had gathered in the lab. The instructor was about to take them through their first dissection