If your organization isn’t letting people go, the one next door probably is. That’s a key finding from a survey released Thursday by consultant PwC, which last month polled more than 700 US executives and board members across a range of industries. Half of respondents said they’re reducing headcount or plan to, and 52% have [...]
As work and work life continue to evolve, companies are exploring whether a shorter week can solve some of the workforce's biggest challenges. hai and Naomi Aharony, managing directors of London-based digital PR agency Reboot, have embraced a new normal – in March, they moved their company to a four-day work week. The pair were [...]
As we redesign work for the hybrid future, it is vital to understand the ways that information flows and networks form within organizations. Our collective experience in the pandemic created a once-in-a-lifetime opportunity to rethink what we want from work and our working lives. We had a chance to question many fundamental assumptions, adopt new [...]
Lawmakers are asking the Internal Revenue Service to expedite the processing of Employee Retention Tax Credits and not to penalize small businesses for incorrectly paying their estimated quarterly taxes as they await their claims. During a hearing Thursday before the House Ways and Means Oversight Subcommittee, Rep. Carol Miller, D-West Virginia, asked IRS Commissioner Charles [...]
Interviews can be nerve-wracking, whether you’re sitting across from a hiring manager in an office or speaking to them on a video call from the comfort of your couch. But interviews are an important part of the hiring process: These conversations give you a chance to show off the skills in your resume and learn more [...]
While tax season 2022 may be months away, New Year's Eve will be here before you know it. The fourth quarter is the time for some proactive tax planning to lower your 2021 tax bill. For business owners, tax planning shouldn't be a once-per-year exercise when filing your taxes. With extensions, you may be able [...]
The IRS issued its annual update Friday of special per-diem rates for substantiating ordinary and necessary business expenses incurred while traveling away from home (Notice 2021-52). The new rates are in effect from Oct. 1, 2021, to Sept. 30, 2022. Specifically, they are the special per-diem rates, including the transportation industry meal and incidental expenses [...]
AT LEAST THREE major banks have decided to opt out of a new process for getting Paycheck Protection Program loans forgiven directly by the Small Business Administration, The Intercept has learned, leaving their small business customers with no other recourse if the banks refuse to forgive loans or drag out the process. Bank of America, JPMorgan [...]
Concerns over the rising numbers of Covid-19 cases due to the highly contagious delta variant are sending corporate return-to-work policies askew. In the last few weeks, a handful of the most influential tech companies in the U.S., including Google and Apple, delayed their return dates from September to October. On Wednesday, Lyft CEO Logan Green announced it will push its September [...]
Workers are still stalling the job search, and employers — from health care providers to trucking companies — are getting desperate. Staggering stat: The share of job postings that use words like "hiring urgently" has spiked over 50% since the start of 2021, according to data from the jobs site Indeed. There are certain industries in which [...]