With the year 2018 gradually getting closer, the IRS decided to set new limits for next year’s health savings accounts (HSAs). Although they may not be drastic changes, some of these new limits may still influence your finances. See what changes will be made in our new infographic:
Have you ever worked for a small business and a large business before? If you have, then you’ll notice the difference in management between both enterprises. This is especially true in regards to their human resources department.
In our new infographic, we reveal the major HR differences between a small business and a corporation. That way, you can see which type of firm fits best with your needs and wants.
After graduating from college, I couldn’t wait to find and work my first salary wage job. When it finally happened, I was ecstatic because I thought it would enhance my career. The firm I worked for was a small business with about 10 employees. After working for about 2 years for the firm, I finally realized something – there was nowhere for me to grow within the company.
I had no director or manager above me, and I was the only person in the workplace that could perform my job responsibilities. Even though I had an important role in my company, it bothered me to know that there was no higher position in my department. At first, I wasn’t sure what my options were since it was my first full-time job. However, with the proper guidance, I decided to leave the company nearly a year later.
This experience helped me understand the influence of a corporate ladder. If employees see no room for career growth within a business, there will be turnover, low productivity, and other adverse consequences. As an employee, this feeling of entrapment was suffocating. For that reason, I want to share 3 methods to advance your career, if you believe there’s no room for growth in your firm.
Every startup is different and has its own unique qualities. Whether it’s your team, service, or product, your startup is special in its own way. However, there are some similarities among startups. One of them is the necessity to sacrifice time and energy to developing your business. That being said, no founder can grow their startup without a proper team behind him/her. But how can you recruit the best talent to ensure that your team will make your startup prosper?
Well, here’s a hint: it’s not about recruiting the best team, it’s about growing one. If you’re like most startups with limited capital, you won’t be able to acquire the best talent in your market. However, that doesn’t mean you’ll never have a quality team behind you; it just means you have to offer more than just a salary for you to gain one.
Luckily, I will help you head in the right direction, even with your limited budget. Here are 3 ways to develop an all-star team to help you reach startup success.
When you think of startups, I bet you think of the popular companies that are raking in millions of dollars in revenue. From Uber to Tesla, startups have been a growing trend in today’s society. However, not all startups are successful, and not all of them are able to obtain quality investors to support them. For those without any investors, you’re looking at a lower budget and a larger workload.
But here’s some good news to startups with low capital.
You can still compete with those VC backed startups!
Millennials, or the Y Generation, is now the largest generation in America. Businesses everywhere are trying to find different ways to attract them to their workforce. However, the methods used to attract millennials is very different from that of baby boomers and other generations. Millennials have different needs and priorities when it comes to employment. The same approach used to attract boomers and Gen Xers won’t work with this audience. Hence, many employers struggle to acquire and keep talented millennials in their company.
Are you having the same struggles as well? Let’s turn that around.
As a fellow millennial, I’m here to help you understand how to acquire talented Y-gens for your workplace. Here are 3 core traits that you should adopt if you’re looking to attract and retain millennials for your business.
Retirement planning can be a tedious task, and many people choose to avoid saving for retirement early in their career. They tend to wait until they are more financially stable before opening an IRA or funding their 401k; however, if you wait too long, you may not be able to retire comfortably. This is especially true for entrepreneurs, startup founders, and small business owners.
Business owners state a variety of reasons for why they don’t start saving for retirement. A lot of these reasons are untrue and are considered “retirement myths”. These myths play a large role in why they tend to avoid planning for retirement early on.
So what are some of these retirement myths?
Well, here are the 4 most common entrepreneurial retirement myths that many people believe are reasonable excuses to hold off on their retirement plans.