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Employee benevolence programs: What are they, and why do they matter?

Insperity

It isn’t best practice for employers to be in a decision-making role when an employee comes forward with a request for financial support. A set of guidelines should govern how your employee benevolence program operates. Finance the fund. Choose a nonprofit partner. Develop the program guidelines.

Supplies 256
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Labor trends to watch in 2024: A U.S. economic outlook and sector play-by-play

Work Life

The new year is fast approaching, and between ongoing labor shortages and financing challenges, industry leaders will need to do their homework before making critical business decisions around hiring next year. Keep a steady course 2024 will require some swift decision-making on the part of industry leaders.

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8 reasons leaders self-sabotage

Work Life

It is often at the very height of their careers that leaders become the most vulnerable to ethical, moral, or legal lapses in judgment or decision-making. He was convicted of seven criminal charges, including wire fraud, commodities fraud, securities fraud, money laundering, and campaign finance law violations.

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How to Make Sustainable Practices Make Sense for Your Business

Success

According to a Harvard Business School article , research shows that companies with high ESG (environmental, social and governance) ratings “have a lower cost of debt and equity, and that sustainability initiatives can help improve financial performance while fostering public support.”

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What’s next for Chief Diversity Officers?

Work Life

Some CDO roles were never set up for success: their roles were not defined, they never had the authority or the ability to make or impact decisions, making them easy targets to cut during uncertain economic times. And in the world of finance, Goldman Sachs, Morgan Stanley, and Citi and others, are staying the course as well.

Supplies 111
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Organizational structure – how to create or rebuild one

Insperity

An organizational structure is: An explanation of workflow and responsibilities A day-to-day guide governing employee tasks, interactions and reporting A quick means for employees to understand where they need to go for help or answers for specific issues. Will this decision force you to adjust a department? By region By product line.

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

Employee stock ownership plans hold shares of the company for employees, which make them valuable owners. A company's ESOP plan can borrow money from related parties to finance company projects, including tax-advantaged shares purchases by the company. ESOP plans provide tax advantages to both the company and the employees.