A federal jury in Texas has awarded $2.17 million to a female parts clerk to resolve a sex discrimination lawsuit filed by the EEOC. The verdict, based on a finding that the employer subjected the woman to a hostile work…
Cost Control
The clock is ticking for union dockworkers and port owners to work out a labor contract and prevent a walkout. The union seems prepared to strike -- and the effects will ripple far and wide. The Sourcing Journal reports that…
It’s that time of year again: Employer health insurance plans are up for renewal. For finance leaders, this period can feel like a lottery. If your plan only increases by a few percentage points, you’ve won by avoiding catastrophe. But…
Who says Democrats and Republicans can't agree? A few weeks back, Donald Trump advocated for eliminating taxes on tips of workers in the hospitality and service sector. Now his opponent Kamala Harris is also pledging to cut taxes on tip…
Americans use more healthcare services than any other people. So we pay more as a result -- and the cost is going up every year. 2025 won't be an exception. PricewaterhouseCoopers' Health Research Institute (HRI) warns group health plan costs…
Many businesses are hesitant to spend big bucks on capital improvements or new equipment due to inflation, high interest rates and economic uncertainty. But there's at least one very good reason for not waiting until next year to address a…
Companies are sending their "road warriors" out at a rate not seen since 2019. A new study shows companies are allocating more of their budgets for travel costs through 2024 and into next year. Upward Climb with Uphill Struggles: 2024…
Did you hear about the Snowflake hack? Snowflake is a cloud computing company that got blasted by a series of attacks earlier this spring. Snowflake clients ended up taking most of the shrapnel. Snowflake client Ticketmaster estimates 560 million customer…
CFOs intend to continue cutting costs and boosting efficiency in every area possible through 2024 and probably well into 2025. And unfortunately that could mean a wave of layoffs is still to come. Forty percent of chief executives expect "major"…
Is there a single business in the U.S. that's resisted raising prices since early 2020? Good luck finding one. But there's a fine line between passing along higher costs of doing business to the customer, and "fixing" prices. Case in…
The higher overtime salary threshold that kicks in on July 1 will affect a million-plus salaried exempt employees. And it's good news for many folks -- inflation is taking a bigger bite out of everyone's paycheck and companies are scaling…
Ever-growing postage rates are driving companies to digitize as much as possible. A record-high rate hike set for July 14 is going to impact companies that rely on the mail to do business. The U.S. Postal Service (USPS) announced it…
