Are health club memberships or on-site fitness centers an ERISA benefit?
More and more employers are contributing dollars toward the cost of health club memberships for employees. Some are even building their own on-site fitness centers.
Measuring "Fair Value" for Financial Reporting Purposes
The standard for valuing certain assets and liabilities under U.S.
Targeting and converting your company's sales prospects
Identifying and winning over a steady flow of new buyers can safeguard your business against sudden sales drops or, better yet, push its profitability to new heights. Here are some ideas for better targeting and converting your company’s sales prospects.
Laying the foundation for a functional incentive plan
Employee incentive plans can be among the most meaningful benefits that an employer can offer. This is because participants receive awards tied directly to their professional accomplishments or their organization’s success.
Consider a Roth 401(k) plan — and make sure employees use it
However, despite the prevalence of employers offering Roth 401(k)s, most employees aren’t choosing to contribute to them. Perhaps it’s because they don’t understand them. If you offer a Roth 401(k) or you’re considering one, educate your employees about the accounts to boost participation.
Lean Manufacturers: Reap the Benefits of Lean Accounting
Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not right for every situation.
Buy vs. Lease: Business Equipment Edition
Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum is buy or lease. You’ve probably faced this decision when considering office space or a location for your company’s production facilities.
Shore up your defenses against employment discrimination
Many employers believe they’ve taken adequate steps to prevent employment discrimination. And yet, it happens.
Should Your Healthcare Plan be More Future-Focused?
The pace of health care cost inflation has remained moderate over the past year or so, and employers are trying to keep it that way. In response, many businesses aren’t seeking immediate cost-cutting measures or asking employees to shoulder more of the burden.
Prepare for the worst with a business turnaround strategy
Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and failure. Often, the demise of a company is driven by internal factors — such as weak financial oversight, lack of management consensus or one-person rule.