From managing cash flows to navigating tax-exempt regulations, banking plays an important role in the financial well-being of any nonprofit organization. So, when a nonprofit is looking to choose a bank, there are several factors to consider. Realize that cash is not always necessary to secure credit or a loan. A common misconception is that nonprofits need cash to secure a … [More]
2018 Mercedes Benz AMG GLE 43
This sleek and luxurious sports coupe is a (borderline) SUV with all the bells and whistles its driver needs to enjoy a smooth ride, take rugged terrain or speed through city streets. With its strong turbo boost and its dynamic exhaust system, the 3.0-liter V6 biturbo in the 2018 Mercedes-Benz AMG GLE43 elevates horsepower and torque. An exclusive red engine cover insert … [More]
Hearth ’61 – A View Forward and Back
The Valley’s celebrated Chef Charles Wiley has brought his creative touch to Hearth ’61 at the newly reopened Mountain Shadows resort. The Paradise Valley property first welcomed guests in the mid-1950s, and retains its boutique nature. Guests entering from the valet station to the lobby make a quick left to reach the restaurant just past the bar. But it’s worth a short detour … [More]
Sexual Harassment Claims Rising?
In recent months, sexual harassment in the workplace has become a focal issue, with new headlines popping up seemingly every day regarding a Hollywood mogul or elected official being accused of sexual harassment. Although sexual harassment has always been an important issue in the workplace, the recent heightened publicity has caused employers to stop and rethink their policies … [More]
Daehee Park, Waking Up the Sleep Industry
Just seven short years ago, Daehee Park met JT Marino through a mutual professor at Penn State. Both had big dreams and aspirations that aligned and, today, those dreams have manifested into a $170-million national company headquartered right in the heart of Downtown Phoenix. As a Silicon Valley entrepreneur at the time, Park was a software engineer working on the “next big … [More]
Startups Are Thriving in Phoenix
If a startup is looking for a place to dig in its roots and flourish, that place is Greater Phoenix. There’s no other city in the nation full of more promise and potential of fostering a growing startup than the Valley of the Sun. And I saw it all begin in 2015 with the birth of what is now Techstars Startup Week PHX powered by Chase for Business. At the time I was local, … [More]
In Perspective: The U.S.-Mexico Border
My first academic position was at New Mexico State University in 1991. On my first day there, I was shown a plan to improve border crossing operations from Mexico to the United States. I’ve been involved in Mexico-U.S. issues ever since. Since I study transportation and logistics issues, I initially spent considerable time understanding, explaining and evaluating the … [More]
Tax Incentives: What Do Cities Offer?
The use of tax abatement between a private developer and a city with respect to a qualifying project has become a popular topic over the last several years as infill development in the Valley increases. In certain circumstances — when the arrangement occurs in a so-called single central business district of a city — the municipality may abate the government property lease … [More]
Flu Season and the Bottom Line: A Direct Link
We all hate the feeling of coming down with a cold or flu while at work. But for businesses, office illness is, in fact, a financial concern. The flu results in 111 million sick days a year, which comes to $10.4 million in direct medical costs for American businesses. How can businesses improve their employees’ health and avoid unnecessary cost? Make an office plan. For … [More]
Employers Can Lower Diabetes Risk
According to the CDC, the average business owner spends roughly twice as much on employees with diabetes as on healthy employees. But those costs are shrinking thanks to a little-known and rarely used wellness program that was designed to help employees get healthier. The latest version of the CDC’s Diabetes Prevention Program, Prevent T2, was launched last year by the CDC to … [More]
Technology Is Improving Expense Report Auditing
How common is expense report fraud? According to the Association of Certified Fraud Examiners’ “2016 Report to the Nations on Occupational Fraud and Abuse,” 85 percent of all business fraud schemes involve some form of asset misappropriation, with expense fraud making up about 14 percent of such schemes. Obviously, this is a costly problem. Before the prevalence of expense … [More]
Global Talent Mobility Is Strategic Priority
The 22nd Talent Mobility Trends Survey, which explores how employee mobility is transforming to better support overall corporate growth strategies, found senior human resources leaders are approaching talent mobility with a new sense of purpose and support from the top. Sixty-three percent of respondents to this survey by BGRS, a leading provider of talent mobility solutions, … [More]
The Surprising Truth about Humans and Artificial Intelligence
Artificial intelligence is not new but, suddenly, everyone seems to be talking about it. We have hit an inflection point with computing power and data that is finally allowing for commercial applications of this technology, and that’s what all the excitement is about. It’s only going to get faster and better from here on out. Along with talk about the new possibilities, … [More]
Prepare for Open Enrollment
With Open Enrollment upon us, this is a good time for employers to help their employees understand the options they will be committed to for the next year. Here are five tips to help them. 1. Know one’s open enrollment dates. Open enrollment isn’t the same or at the same time for everyone. For the more than 177 million Americans with employer-provided coverage, many … [More]
Business Travel Fraud Schemes Technology Is Squashing
With business travel spend reaching more than $318 billion in 2016, fraud potential is at an all time high. However, new advances in travel expense management technology combined with proper internal controls can help businesses reduce fraud and control their travel costs. Here are three fraud schemes businesses can now curtail with smart applications of … [More]
HSAs: More than Healthcare
Employers struggling to provide meaningful benefits to attract, retain and assist their employees can look to Health Savings Accounts. This year has been filled with uncertainty regarding the Affordable Care Act, and repeal and replace efforts, but HSAs have a bright future with all the recent healthcare reform proposals looking to expand their use. HSAs are popular with … [More]
Opioid Abuse Costs Businesses Millions
A survey by the National Safety Council taken in March revealed that 70 percent of businesses say that narcotic painkillers have affected their business. The NSC recommends incorporating the following steps to monitor the use of opioids in the workplace: A clear, written policy: Together with a company’s legal department, a policy should be put in place — similar to a … [More]
Standing Workstations Revolutionize Workplace
Stand up if you want to be healthier and more productive! Quite literally, thousands of employers across the nation are helping employees stand up to be more productive and health aware by transforming the workplace with standing and height-adjustable desks. Much more than a trend, height-adjustable desks are sweeping workplaces not only because of the potential increases in … [More]
