With a recession officially started, businesses must prepare for various scenarios by creating a forecast. Businesses must apply practical, unemotional and qualitative thought processes to consider the experiences endured during the shutdowns, how they may be impacted and the steps that must be taken to survive and potentially prosper during this downturn. Previous [...]

When a recession hits, it is important for businesses to closely monitor their performance. The goal is to work smarter, not harder — so rather than combing through data, businesses should keep their fingers on the pulse of two key ratios. In this installment of the blog series about what businesses should do during a recession, learn the two ratios that all busines [...]

In this episode of the Media Clips Podcast, Host and GHJ Profit Participation Services Practice Leader Ilan Haimoff takes a look at the business behind new media. Andrew Graham is a Talent Agent for Creative Artists Agency. As a member of CAA’s Digital Media Group, Andrew helps the agency engage with digitally endemic talent and monetize the social footprint of tradi [...]

Originally published by Staffing Stream. Companies face a number of challenges in today's landscape, including high employee turnover and political polarization. These issues make it difficult to keep the fabric of their company intact and to promote a unified workforce. Both employee retention and unity can be addressed by strategically launching a network of employ [...]

Originally posted by Craft Brewing Business. As an evolving industry, beer strives to anticipate what is coming next. Many of today’s industry players emerged in the feel-good, high-growth days of the 2000s and are now entering a mature phase of their corporate life cycle. Fifteen to 20 years ago, the competition was not as fierce — distributor share-of-mind was easi [...]

Originally posted in Distilling. The market for craft spirits continues to grow and get more crowded. As distillers are seeking ways to differentiate, the business case for subscription models is compelling and should be considered by any producer. The benefits include predictability in the production plan, recurring revenue, stabilized cash flow and better consumer [...]

On Aug. 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), a $437 million spending bill to address inflation, healthcare, certain tax matters and climate change. This bill includes the enactment of a 15-percent corporate minimum tax and a 1-percent excise tax on the repurchase of corporate stock, as well as expanded tax credits for re [...]

Originally published by Spiceworks. Employee resource groups (ERGs) help underrepresented employees feel connected and accepted, but remote work can make this challenging. Derrick Coleman, practice leader with GHJ Search and Staffing, explains how technology can help solve this problem, what tools are available, and how to decide when to invest in ERG software. Firs [...]

Despite the recent plunge in the cryptocurrency market, and predictions that cryptocurrency prices could fall even further before any sustained recovery, interest in cryptocurrency remains high. It is therefore not surprising that nonprofits have seen an increase in donors exploring opportunities to make cryptocurrency donations to their favorite charities. In this [...]

Originally posted in HR News Magazine. The Great Resignation has been a top-of-mind issue for many companies. The time and money spent hiring and onboarding new employees is significant, not to mention the institutional knowledge lost when an employee leaves. This is where diversity, equity, inclusion and accessibility (DEIA) comes in. Companies can boost retention [...]