Archive for Clients

Closing the Pay Gap

Equal Pay Day is Tuesday, April 4, 2017. This day originated with the National Committee on Pay Equity in 1996. April 4th symbolizes how far into the new year women must work to earn what men earned in the previous year. In the U.S., women earn around 80 cents for every dollar men make, though results vary when you break them down by industry and other factors. But no matter how you run the numbers, the pay gap in finance is one of the widest.

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The Cost of a Bad Hire

When you make a hiring decision, after weeks of interviewing and on boarding, and that employee leaves the company, it effects your bottom line. Making a bad hiring decision might seem like a temporary setback, but oftentimes, it can impede growth and effect culture longterm. So, what, we ask, is the overall cost of a bad hire?

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235,000 Jobs Added in February

The Latest From the BLS Employment Report: The second jobs report of 2017 showed that the economy continues to trend positively. The Labor Department reports that 235,000 jobs were added in February. The unemployment rate dropped slightly to 4.7 percent, down .2 percent year-over-year. The actual number of jobs added far exceeded the predicted number of 190,000, and as a result, there is an increased likelihood of a rate increase by the Fed when they meet next week.

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The Key to Fixing the Economy: Hire More Women!

It’s no surprise that there is a serious lack of women working in finance. A walk down Wall Street will confirm that when it comes to finance, men dominate the industry. After the recession in 2008, top researchers wanted to understand what happened and how best to stop another crisis from happening. The answer is simple – hire more women. Finance and investing is based on risk and reward. It’s a delicate balance. It’s important to maximize reward all while keeping risk tolerable.

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5 Ways to Avoid Social Media at Work

Social media sneaks into the workplace. Over two-thirds (68 percent) of employees feel using social media for personal reasons each day as a break from work tasks is appropriate. That’s staggering. But let’s be honest, to do a good job at work, you really need to be focused on the task at hand. Still, it’s hard to ignore distractions like the “dings” from Facebook.

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227,000 Jobs Added in January

The Latest From the BLS Employment Report: The first jobs report under President Donald Trump showed the economy added 227,000 jobs in January, the Labor Department reported on Friday, up from December’s 157,000 jobs. The unemployment rate rose slightly to 4.8 percent this month. Market reactions to the news saw stock market futures move higher while government bond yields fell. In January, employment increased in retail trade, construction, and financial activities.

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How do you know when it’s time to hire?

Every business faces the same question at some point: How do you know when it is time to hire? On one hand, hiring additional staff costs money and the more people you bring on, the less money you have available to invest back in the business. Right?

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How to Make the Most of Lunch Meetings

Lunch meetings can be tricky, and may even be passé in some regards. Consider that weekday foodservice lunch visits declined by 7 percent in the second quarter of 2016, constrained in part by more people working from home and higher menu prices, reports NPD Group, which analyzes the restaurant industry. “My philosophy is that lunch is not the most productive place to do business,” observes venture capitalist Eric Manlunas. Business productivity expert Nancy Gaines agrees.

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How to Identify Leaders

For an organization to grow and continue to meet its goals, it needs a plan in place to identify and develop leaders. Many companies have programs in place for leadership development, but to properly identify leaders is perhaps even more important. It can also be more challenging. When companies identify leaders early in their careers, they have more opportunities to develop their skills. Good leaders are cultivated over a career, not in a period of one to two years, so it’s crucial to start early.

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