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Equity in the Workplace: How to Create a Flexible Work Environment for All

Originally published in HR Daily Advisor. The COVID-19 pandemic changed the way we work, but employers continue to struggle with how best to balance corporate goals with employee equity. Certain companies, such as Goldman Sachs and Apple, are pushing employees back into the office. Others, such as Twitter, have implemented a 100-percent remote work policy. Both typ [...]

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M&A Working Capital Challenges

Many companies are beginning to experience a softening in their customer markets, resulting in top-line and margin pressure. For companies in, or embarking on, an M&A transaction, this presents both explicit and implicit challenges. REVISITING EBITDA Earnings before interest, taxes, depreciation and amortization (EBITDA) has for a long time been the barometer of v [...]

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Test Assumptions Against Your Business Forecast and Consider “What If” Scenarios

When preparing for different scenarios, business leaders should review the forecast to understand company risks and opportunities and make informed decisions. The last installment of the “How to Prepare for a Recession” blog series took a look at business forecasts: what they are, why they matter and how they are created. Once a business forecast has been created, t [...]

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Business Forecasting: A Vital Tool in Recessionary Times

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 [...]

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The Profit-and-Loss Ratios Businesses Must Follow

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 [...]

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How Employee Resource Groups Can Create a United Workforce

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 [...]

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Inflation Reduction Act Signed Into Law

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 [...]

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Choosing Tech Tools for Your Company’s Employee Resource Groups

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 [...]

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One Way Companies Can Build Employee Engagement

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 [...]

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Inflation Reduction Act of 2022 Establishes Corporate Minimum Tax, Excise Tax on Repurchase of Corporate Stock and Expands, Extends and Introduces New Tax Credits for Renewable Energy

On July 27, 2022, Senate Democrats introduced the Inflation Reduction Act of 2022 (IRA), a $470 million reconciliation 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. Other changes include expanded tax c [...]

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