2020 was a challenging year for many companies as the pandemic resulted in widespread issues related to shutdowns, reduced demand for...

Family businesses cover a wide range of industries and can be very small or among the world’s largest companies. These companies can face...

The federal minimum wage rate has not changed since July 24, 2009, and has been stuck at $7.25 per hour ever since. The time since the...

Tuesday, February 9, 2021 1:00 PM – 2:00 PM (EST) The coronavirus pandemic and subsequent economic downturn impacted the 2020...

A recent Harvard Business Review article suggests that less than 25% of large companies have conducted a Pay Equity Audit (PEA). At the...

On January 27th, The Department of Labor (DOL) issued final regs to determine if a person is an independent contractor or employee under...

Earlier this month Elon Musk became the world’s richest person as Tesla stock continued to rise, hitting a record $884 per share. His...

The COVID-19 pandemic has had a substantial impact on revenue and earnings for businesses across the country. While 2020 is complete and...

I have heard many people say they can’t wait until 2020 ends, and I agree. The COVID-19 pandemic’s effect across the globe, increased...

Regardless of how large the financial impact was on a company during the first few months of the pandemic, every business had one...

Salary increases (i.e., merit, promotion, and other adjustments) from 2015-2019 were steady at, or above, 3% per year. Actual increases...

Fall is that time of the year when companies with fiscal years aligning with the calendar year may be starting to evaluate how their...

The COVID-19 pandemic has had a substantial impact on revenue and earnings for businesses across the country. While the first two...

Environmental, Social, and Governance (ESG) refers to the three factors used to assess a company’s commitment to operating in a...

On July 28, 2020, Kodak announced that it will receive a $765 million federal loan in order to produce ingredients for generic drugs. This n

The COVID-19 pandemic has been a financial and social shock to businesses across our country and the globe. The impact of the pandemic on...

Is it time for employers to stop requesting salary history from job candidates during the interview process? It’s certainly a topic of...

As the COVID-19 pandemic began to unfold in early 2020 the majority of companies predicted that the pandemic will negatively impact their bu

What are the differences between layoffs and furloughs, and what might be the deciding factors for a company to choose one or the other?

Private companies can learn from public firms in designing effective pay programs. Three practices can help maximize program effectiveness.