article thumbnail

Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

In May of 2021 that number jumped to 78%. . Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age. Does my supervisor think I want to retire?

article thumbnail

4 Smart Money Moves to Plan for Financial Security

Success

They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Employers Beware: There Are Rising Legal Risks Of Rigid RTO Policies

Allwork

The insistence of employers on a full return to the office, without considering individual circumstances, could lead to a surge in legal issues — particularly discrimination claims. Are employers walking into a legal storm by enforcing rigid return-to-office (RTO) mandates?

Legal 293
article thumbnail

To the Unicorns

Admin Awards

As 2021 Administrative Professional’s Month is once again behind us, I found myself really reflective this past year, on what it means to serve in a profession that means so much to so many of us. As the daughter of a retired Executive Secretary, I remember how often my Mom would talk about how she couldn’t wait for Mondays to come.

article thumbnail

3 Steps to Take Before Going Into Business for Yourself

Success

A 2021 report uncovered that 40% of traditionally-employed American workers are considering a transition to self-employment in the next two years. Next, you’ll need to consider your current company benefits such as health insurance and retirement plans. You should consult your own tax, legal and accounting advisors.

article thumbnail

1099 vs W-2: The difference between employees and contractors

BMT Office Administration

The IRS used to give automatic 30-day extensions to file, but they phased that out in 2021 so be sure to file on time this year. Here you will include the recipient’s full legal name or registered business name and their address. You’ll need to list the employee’s full legal name and address. Form 1099 NEC filing requirements.

Payroll 52
article thumbnail

The Best Client Retention Strategies to Use Now

Success

In both cases, your teams may rely on “the fine print” to cover your company legally from overpromising. In fact, according to a 2021 Coresight Research survey, 43% of companies using a corporate gift strategy reported improved client loyalty, among other benefits. They also show that you remember them and care about their business.

Gifts 279