Accelerate Your Career by Working Less

In a recent Bloomberg Businessweek Interview, Marissa Meyer, CEO, Yahoo!, talked about the value of hard work when she was working at Google. She explained, “Could you work 130 hours in a week? The answer is ‘yes’ if you’re strategic about sleep, when you shower, and how often you go to the bathroom. The nap […]

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7 Critical Things to Consider When Designing Your Bonus Plan

Bonus plans that are properly designed and executed promote retention, reward employees for contributions to the organization, and drive behaviors that impact an organization’s bottom line.  From the budgeting and finance aspects, bonus plans allow the organization to pay less in fixed payroll costs (lower salaries) and shift some of those payroll dollars to variable […]

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3 Ways an Outsourced CFO can make 2017 your Best Year

Happy New Year is old news. In the finance and business world, January is almost over which means companies that operate on a calendar year are already 1/12th or 8% finished with 2017.  Denial is dangerous and hope is not a strategy.  Neither of those produces sustainable positive results.  If you truly want 2017 to […]

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Served with a side of Pie

In 2017, Boards of Directors have even more responsibility in terms of transparency, accountability and qualifying program goals. Understanding the organization’s financial complexities is no longer the sole responsibility of the Treasurer or VP of Finance. Often the Board members glaze over when the Finance Director provides the financial report. We get it. Spreadsheets and […]

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Is Your Board an Accident Waiting to Happen?

Nonprofits have incredibly talented and compassionate professionals on their board of directors. These resources are energetic, committed to the mission, and dedicated to the success of the organization. Unfortunately, resources are often limited to provide critical training. In 2014, GuideStar and the Stanford Graduate School of Business conducted a study which surveyed over 900 directors […]

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How to Adapt Your Recruitment During Fast Business Growth

Small Businesses face recruitment challenges when in expansion mode. According to LinkedIn, Small, and Medium-Sized Business Recruiting Trends 2017 Report, this upcoming year is projected to be a high growth year for over half of all small businesses. Despite these increased goals for recruitment, HR teams are not projected to grow. Recruitment teams will have […]

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Increase Your Employee Engagement in 3 Steps

It’s the end of the year – did you have high employee retention? In this competitive talent market, companies are seeking ways to increase employee retention and engagement. They are rethinking the way they recruit, retain, and develop their staff. Succession planning is also a concern, as the average tenure of millennials (aged 25-34) is […]

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Dept of Labor: Updated Overtime Rules

The DOL is implementing new overtime/exempt employee rules beginning December 1, 2017. The new rules strengthen overtime protections to millions of workers who will no longer rely on the application of duties test. Key Provisions of the Final Rule: 1) The increased standard salary level is $913 per week ($47,476 annually). If a salaried employee […]

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The Right People on the Bus? It’s Not That Simple.

The Right People on the Bus? It’s Not That Simple. As a Business Owner, you’ve likely heard that having the right talent on your team, is key to success in business. While there is truth in this analogy, it isn’t as simple as showing the traveler to their seats and buckling them in. Seating the […]

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NonProfit Guide to New Overtime Law

Effective December 1, 2016, the Department of Labor ruled in favor of a new overtime law to “ensure that the Fair Labor Standards Act’s (FLSA) intended overtime protections are fully implemented, and it provides greater clarity for white collar workers and their employers, including non-profit organizations.” Our team of CFO’s worked alongside legal counsel specializing […]

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