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Labor Market Slowdown is Driving a Shift to Skills-Based Hiring

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More employers are beginning to prioritize skills over specific years of experience when hiring for high-wage positions. It’s a hiring trend driven by various factors — including the need to control costs, adapt to changing labor market conditions, and leverage the growing availability of online learning platforms and certifications.

Skills 130
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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. The implications of such financial distress are profound, costing U.S. businesses approximately $40 billion in lost productivity in 2022 alone.

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Could Artificial Intelligence Eliminate Internships?

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From a strict cost-benefit analysis, training a revolving door of new employees who may or may not work out is exponentially more expensive than training a localized AI system that continues learning as it handles tasks. Doing so helps workers stand out, learn specialized skills, and further their careers.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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An individual who understands their own unique work and life circumstances will find their key sense of self-awareness to be an essential skill when organizing for tax season. The intricacies of managing your tax information, including all the nuances of making sure you filed your tax information the right way, can feel overwhelming.

Legal 261
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How to Start a Nonprofit Organization In 5 Simple Steps

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Donors asked if they can deduct the cost of the donated items on their tax return, and a few people suggested you make your project legal by filing for nonprofit status. Board of directors: Members of the board of directors should not only be aligned with the mission but should also have the skills necessary to support the business.

Filing 162
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Want to Participate in Giving Tuesday? This Guide Explains Everything About Donations, Deductions and Volunteering

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How much of their donations go to helping the cause versus administrative costs? We want to make your skills available to this community,” Cairoli says. Knowing that these costs can reduce expenses and lower your bottom line, thus potentially saving tax dollars, may allow you to donate more than you anticipated.

Clothes 306
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4 Ways To Financially Support Your Employees (Other Than Raises)

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Here are some actionable tips that employers can take to help their employees prepare for economic downturns and unexpected expenses. Without simply increasing wages, what course of action can employers take to prepare their employees for economic downturns and unexpected expenses?