Arizona’s workers compensation system helps employees who are injured on the job receive necessary medical care and treatment. Injured workers’ claims are processed through the Arizona Industrial Commission. The ICA not only processes claims, but also resolves legal disputes that may arise concerning issues of compensability, continuing benefits, loss of earning capacity and … [More]
Medical Marijuana: Establishing Standards
With bipartisan support in place, Arizona Senate Bill 1420 should end up as law, and while this paves the way for medicinal use of marijuana in the state, healthcare providers — and dispensaries — will have strict regulations to follow. SB 1420 passed the Arizona State Senate by a vote of 27–3 in late February, and the Arizona State House of Representatives held a hearing … [More]
How Firms Manipulate Numbers for Market Gain
Businesses constantly hear that, to succeed when selecting partners, they need to do their homework. But what if the financials they review don’t really reflect reality? How does a firm make good decisions when it comes to their money? Or, maybe more importantly, how do businesses know the real strength of the firms they’re intending to partner with? GAAP vs. Non-GAAP … [More]
What Nonprofits Need to Know When Choosing a Bank
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]
