Skilled and capable employees—businesses everywhere have a need for them. Of course, they need not just skilled and capable employees, but employees who are honest, responsible, dependable, loyal, focused, organized and mature. Where can businesses find a dependable, steady workforce that has no plans to move up and out? A workforce dedicated to the job at hand and that takes pride in its work? Who will cost them less to hire, train and maintain? According to many experts, older workers can offer exactly that. Continue reading this entry →
A strong hiring rate and reduced quit and discharge rates have resulted in a 1.32% increase in net job growth of the TriNet population according to the latest issue of SMBeat, a monthly analysis and forecast of economic trends in small business sectors. The increase is nearly double the October increase of .73%. Continue reading this entry →
You finally decided to follow your passion. What started as a hobby is now your full time job, you’re working for yourself, and your business is starting to take off. You have paying customers, you’re hiring, and you’re looking for investors or maybe a small business loan to grow your business . Positive cash flow, check. Good credit, check. Solid business plan, check. Continue reading this entry →
According to World at Work’s annual Salary Budget Survey, base pay raises in 2014 are projected to average 3.1% for salaried exempt employees nationwide. This represents a .9% increase since 2009 when merit pay budgets hit a record low of 2.2% after the 2008-09 recession.
Continue reading this entry →
According to a proposed amendment to the 2010 Dodd-Frank Act by the Securities and Exchange Commission (SEC) in mid-September 2013, the ratio of CEO pay to average worker pay must be publicly disclosed.
CEO pay to median worker pay has reached as high as 1795:1 for companies like JC Penney, Oracle, and Starbucks (according to Bloomberg calculated ratios based on the U.S. government’s industry-specific averages). Historic estimates of the ratio have accelerated from 20:1 in the 1950s, 42:1 in the 1980s, to 120:1 by 2000. Continue reading this entry →