As we approach the pandemic’s one-year anniversary, significant challenges posed by Covid-19 remain. Even with vaccine distribution underway, infections continue to spread and new variants of the virus raise doubts as to when life may return to some version of pre-pandemic normal. For businesses, the continued uncertainty stemming from the pandemic means they must maintain a … [More]
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Staying Limber: How Business Flexibility Is Key to Navigating Continued Pandemic Risks
by Will Spong
Expanding Access to Credit Could Shrink the Homeownership Race Gap
Rick McCartney
Limited access to credit-building products and services disproportionately cuts off Black and Latinx Americans from the wealth-building advantages of homeownership that can last for generations, a new Zillow® analysis shows, shedding light on a prime barrier to entry for prospective homeowners of color. Twenty-six million Americans do not have a credit recordi and around … [More]
Productivity and Job Satisfaction Driven by Where You Live, Says Study
Nintex
Nintex, the global standard for process management and automation, today released region-specific findings from the Nintex Workplace 2021 Study which surveyed 1,000 American workers about their sentiment around their current jobs and the future of work. The study highlights a positive nationwide productivity statistic with 70 percent of those employees reporting being "more … [More]
Habits Highly Successful Business Managers Have (and How to Get Them)
PEO Leadership
According to Gallup, bad managers cost businesses billions each year, and account for at least 70% of variances in employee engagement scores. Having a highly successful business manager is crucial to the overall success of a company. The problem, however, is that not everyone knows what type of habits effective managers have. By being able to identify what those habits are, … [More]
Their Take: Hope Delivered Every 10 Seconds
by Pam Kehaly, President and CEO of Blue Cross Blue Shield of Arizona
By all accounts, Arizona has had a rough time through the COVID-19 pandemic. A staggering loss of more than 15,000 Arizonans, punctuated by devastating economic and mental health impacts, left our state reeling. Vaccinations mean that hope is here, and Arizona’s recovery has been jumpstarted with one of the highest-volume, 24/7 vaccination sites in the country at State Farm … [More]
Top Reasons Why Your Employees Should Improve Their Business Language
by Phil Cord
No matter the type of organization, efficient business communication is crucial. Unfortunately, many companies struggle to manage miscommunication and foster honest, open communication. Just as employers raise their business's competencies using professional services (like Edinburgh translation services), they can enormously benefit from adding business language training to … [More]
Three Ways to Reduce the Risk of a Tax Audit
by Tom Wheelwright, CPA
Many people fear a tax audit. So much so that they choose to give up legal tax savings in the hope of avoiding the possibility of an audit, and many times at the advice of their own tax advisor. However, when done right, identifying legal tax saving opportunities actually helps reduce your audit risk. What Are the Risks? When it comes to audit risk, there are two factors … [More]
Their Take: Harnessing One of the Biggest Marketing Movements of 2021
by Adam Witty
There is one element in particular that promises to be absolutely critical: inclusivity. This is bigger than a trend, though. In many ways, inclusivity has become a mandate. More than ever, consumers are demanding to see themselves and those they know and love reflected in the brands they buy from. if they don’t, they’re willing to spend their money somewhere else. In fact, … [More]
56% of Small Businesses Plan to Spend More Compensating Employees in 2021
Clutch
More than half of small businesses (56%) plan to spend more compensating their employees in 2021 than last year, according to a new report from Clutch , the leading B2B research and reviews firm. Clutch surveyed small business owners and managers in 2019 and 2021 to learn about what compensation and benefits they offer employees. The data reveals increased demand for health … [More]
Vaccine Could Boost Listings Ahead of Home Shopping Season
zillow
The COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real estate market. A new survey from Zillow finds a large majority (70%) of homeowners say they would be comfortable moving to a new home after widespread COVID-19 vaccine distribution, a meaningful bump from the 52% who currently feel that way. That amounts to homeowners in more than 14 … [More]
42% of U.S. Workers Want Employers to Delay Re-Opening Until Vaccines Widely Available
Eagle Hill Consulting
As the U.S. ramps up coronavirus vaccinations, new national research finds that many U.S. workers (42 percent) indicate that their employer should wait to re-open until COVID-19 vaccines are more widely available to employees. About one-quarter (26 percent) say employees should be required to take a COVID-19 test before entering the workplace, while 37 percent say testing … [More]
5 Marketing Rules for Creating Unforgettable Brands to Achieve Success
inbusinessPHX.com
American consumers are set in their ways when it comes to brands. In fact, they typically buy the same 150 items, which make up about 85% of their family’s household needs. This is a major factor in why 75% of products introduced fail to make it each year.(1) The key then is to make your brand unforgettable, so that when a consumer sees it again they will recognize it and buy … [More]
Covid Impact Drives Over 80% of Consulting Firms to Decrease Starting Salaries
inbusinessPHX.com
In 2021, a decade-long streak of consulting salary increases abruptly ground to a halt, according to leading consulting industry news source Management Consulted (MC). However, while some salaries cratered, the industry as a whole continued to grow rapidly. The 10th edition of MC's annual Consulting Salary Report showcases the first time the firm has ever recorded a decrease … [More]
When Cash Is Devalued, Where Should Investors Look for Salvation?
inbusinessPHX.com
With a difficult 2020 receding into the past, investors are left to wonder what lies ahead for them, the economy, and their portfolios in 2021. Unfortunately, they may find that some investing decisions are still tied to the events of last year. Because of how the COVID-19 pandemic affected the economy, the Federal Reserve saw to it that enormous amounts of money were … [More]
Tips for Monetizing Your Videos, Making More Money
Source Digital
Online advertising is something that most companies engage in today and is one of the areas that has become a focal point for many marketers. However, advertising via video is currently limited to “pre-roll’ video ads, that we can’t wait to skip, or annoying “pop under” banners that always seem to pop into your video experience at just the wrong time. Yet, in this post pandemic … [More]
The WFH vs. Return-to-Office Debate: What Employees, Bosses Should Consider
inbusinessPHX.com
Many Americans have been working from home full-time for a year now since COVID-19 hit the U.S. And many prefer that arrangement to a traditional office. In a survey, 65% said they want to work remotely full-time after the pandemic. That could pose a problem for them and their employers. Given the availability of vaccines, many companies are planning to ask their … [More]
The Gig Economy Grew 33% in 2020. But Why?
BY Charles Jackson
A new survey by daVinci Payments found that the gig economy grew by 33%, reaching $1.6 trillion in 2020 despite the economic uncertainty caused by the coronavirus. At first glance, this may seem surprising considering more than 22 million Americans lost their jobs at the height of the pandemic, but gig work offered many the flexibility they needed to make ends meet. Why … [More]
5 Tips to Transform a Micromanager into a Servant Leader
inbusinessPHX.com
The word “micromanager” often carries a negative connotation because, from an employee’s perspective, that type of leader is over-involved in their work, creates tension, and doesn’t trust them enough to do their job. Servant leadership, on the other hand, brokers mutual trust because such leaders believe in employees’ skills and knowledge. With a more collaborative and … [More]
