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How to Spot Employee Theft and What You Can Do About It

Insperity

One of the biggest mistakes small business owners make is putting one person in charge of the finances. The person paying the bills should never reconcile the bank statement. Custody of related assets – The person who reconciles the bank statement or credits/edits the invoice. Many times theft can occur out of opportunity.

Supplies 189
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Should your company offer a student loan repayment benefit?

Insperity

Households in 2016 – May 2017 from the Federal Reserve, 63 percent of college students ages 18-29 indicated they acquired debt to finance their bachelor’s degree. If you hire two recent graduates and one has student debt and the other doesn’t, will you offer the non-debt-laden employee extra salary? Will it be fair if you don’t?

Payroll 170
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3 key investing tips for early-career professionals

Work Life

But the heady enjoyment of an adult-level salary—dining out, weekend getaways, wardrobe upgrades—can make it hard to remember the importance of planning for future needs. It’s much easier to make a single decision to set money aside than make repeated decisions about your finances with every pay cycle.

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The unseen consequences of the Great Resignation’s hiring frenzy

Work Life

In this era of Zero Interest-Rate Policy (or ZIRP), easy money, particularly in the tech sector, led to salary inflation that has left a complex legacy, marked by subsequent layoffs and a reevaluation of compensation strategies across industries. it was a global phenomenon, pushing salary budgets to their limits.

Salary 98
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Overcoming seasonal impacts on employee motivation

Insperity

When you think about motivating employees, you might naturally gravitate to things like: Generous salaries Good healthcare Paid time off Overtime Holiday breaks. And it doesn’t need to break the bank. Employees with young children may be trying to figure out summer camps, childcare routines and financing.

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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

My parents helped me open a bank account for my earnings, and after a few months I had not only started a humble college fund, but had also saved enough to buy a second vending machine, and then a third. Get familiar with your finances. Knowledge is power, and knowledge of our own finances is especially powerful.

Finance 111
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Survey finds that Gen Z is actually the most likely to create a budget

Work Life

British bank NatWest’s recently released Savings Index includes some revealing statistics about Gen Z financial habits. A new crop of “finfluencers” promote the importance of salary transparency and investing from a young age. A lot of [financial apps] seek to automate these finance challenges and savings plans,” King says.