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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

In terms of the office workplace, banks were permitted to become JSCs in the 1830s; the first being the London and Westminster Bank, in 1834. So, companies existed to share risk and reward and to legally protect shareholders. Networks are replacing production processes.

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You need a data protection policy – Here’s the basics

Insperity

The legal liability for data breaches and failure to comply with data privacy laws can incur prohibitive costs, including fines and penalties. Establish processes to monitor your network for suspicious behavior. Collecting employee data Accessing customer databases Protecting proprietary business information.

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Mental health at work: The laws and best practices

Insperity

What are the legal responsibilities for accommodating someone with mental health-related issues? Referring them to the employee assistance plan (EAP) and free or low-cost resources through the Job Accommodation Network (JAN) can make a big difference in workplace satisfaction and management of mental health symptoms.

Legal 233
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Elder Eyes Wide Shut

Mad in America

A legal guardian and conservator have hijacked her father’s life and estate and she cannot get him out. My friend, who I will call Lilly to protect her and her family, is amidst a legal battle with her sibling and a cabal of lawyers over the legal guardianship and conservatorship of her 74-year-old father, though he can still make decisions.

Legal 139
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3 Steps to Take Before Going Into Business for Yourself

Success

Ideally, you should have at least two years’ worth of non-discretionary expenses in the bank. These apps connect to your bank account and credit card, making it easier to track your expenses. If you’re unsure who to work with, tap into your professional network and ask other business owners about who they recommend.

Insurance 128
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3 Smart Money Moves to Make Before Starting a Business

Success

Borrowing from a bank can be costly due to interest rates and down payments. Investors generally seek ownership, so though you might save on interest versus a loan from a bank, you might also have to give up some profits and control. You should consult your own tax, legal, and accounting advisors. All investing involves risk.

Finance 138
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The surprising truth about the gifts nonprofits value most

Work Life

According to Maya, the best corporate partners tend to be involved in a few different ways: employee engagement, networking opportunities, passion projects, and publicity and outreach. “When we’re talking with potential partners,” Maya says, “our ideal is to establish a long-term, mutually beneficial, and sustainable partnership.”

Finance 97