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Collaborative Negotiation In Tough Financial Times: Tips From An Expert

August 12, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Lisa Lang is General Counsel for Kentucky State University, where unsurprisingly, she frequently engages in difficult conversations around university business. With many colleges (and businesses) impacted by the economy and long-term effects of the pandemic, Lang has become an expert at negotiating in tough financial times. She joined Negotiate Anything to share her best tips for successfully navigating these difficult conversations and fostering collaborative negotiation. Avoid Positional Bargaining Positional bargaining is where one or more parties comes into the negotiation with a very specific and firmly held position. While this may seem like a natural approach at the negotiation table, it can actually get in the way of a productive conversation. When times are tough and both parties are looking to maximize their money or value, it’s critical to have an understanding of both perspectives. There will be … [Read more...] about Collaborative Negotiation In Tough Financial Times: Tips From An Expert

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Congress Vs. Inflation: The Legislative Tax Showdown

August 9, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Tax Notes reporter Benjamin Guggenheim discusses the latest tax legislation on Capitol Hill: the recently passed CHIPS and Science Act and the revived reconciliation bill known as the Inflation Reduction Act. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International . This week: Build Back smaller? After months of stalled negotiations, little agreement in either chamber of Congress, and a declaration that Build Back Better was dead, last week, Senate Democrats were able to make progress on not one, but two separate bills. The first, known as the CHIPS and Science Act, was a more bipartisan effort from the Senate that has generally been split down party lines. While the second, known as the Inflation Reduction Act (IRA), is Senate majority leader, Chuck Schumer, D-N.Y., and Senator Joe … [Read more...] about Congress Vs. Inflation: The Legislative Tax Showdown

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Shifting Goal Posts In Digital Taxation

August 8, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Within the span of just four weeks last month, Nepalese Finance Minister Janardan Sharma resigned from office but was then reinstated after he was absolved of an alleged corruption scandal. The upheaval began in early July, when Sharma faced a parliamentary investigation after he was accused of allowing unauthorized, last-minute changes to tax rates in the country’s budget. Sharma stepped down to allow for an internal investigation, which failed to find wrongdoing, and he was reinstated at the end of the month, according to Reuters. The saga has attracted a lot of public and media attention while another significant tax development has unfolded largely under the radar: Nepal is the latest country to implement a digital services tax. Under the new rules , foreign digital services providers with more than NPR 2 million in annual turnover (about $15,911) must register in the country and pay a 2% DST on their … [Read more...] about Shifting Goal Posts In Digital Taxation

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Build Organizational Muscle: Encourage Your Team to Bring Solutions, Not Problems

February 8, 2022 by www.inc.com

It's expected that, as a leader, people come to you with a problem they want you to help them solve . And, as leaders, solving problems is something you're likely very good at. You might even really enjoy it. Plus, it feels good to help someone in need. In my book, Great CEOs Are Lazy , we called this player mode. The catch is that solving the problem for someone is exactly the wrong thing to do, as it weakens the organization. Let me explain why. Avoid Creating Lazy Thinkers If you get into the habit of solving the problems your people bring to you, you'll inadvertently train them to become lazy thinkers. The result is that anytime they hit a brick wall or a stopping place, they'll seek out the path of least resistance and bring the problem straight to you. We see this as parents when our kids come to us with every issue. Over time, we try to teach our children to at least attempt to solve their problems so they can be independent adults. The same phenomenon … [Read more...] about Build Organizational Muscle: Encourage Your Team to Bring Solutions, Not Problems

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Covid Saw An Exodus Of Over 50s From The Workforce

August 11, 2022 by www.forbes.com

Share to Twitter Share to Linkedin I've written a few times about both the value of older workers and the need for society to change how we perceive older people. This is especially so given the widely documented skills shortages across the economy in recent years. It should be hugely worrying, therefore, that the Covid pandemic has seen huge numbers of older workers leaving the workforce. In the UK alone around 300,000 extra workers aged between 50 and 65 have been identified as economically inactive since the start of the pandemic. Economic inactivity A recent study from the University of Essex explores some of the possible impacts this economic inactivity could have on the economy. The analysis reveals that while it may seem intuitive to think that those leaving the workforce are those with more financial stability, it is actually those with middle to lower-middle incomes that tend to be leaving. Indeed, the biggest rise in economic inactivity … [Read more...] about Covid Saw An Exodus Of Over 50s From The Workforce

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Peloton Reportedly Lays Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow

August 12, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Topline Peloton Interactive laid off 800 employees Friday — the at-home stationary bike company’s second round of job cuts — making it the latest major U.S. company to undergo massive layoffs this summer, as CEOs fear soaring inflation could tip the economy into a recession. Timeline Aug. 12, 2022 Peloton , which gained popularity as gyms shut their doors during the pandemic, announced a sweeping round of layoffs in a memo to employees obtained by Bloomberg , six months after the New York-based company cut another 2,800 jobs. Aug. 12, 2022 Texas-based home health services company Signify Health laid off 489 employees, a cost-cutting move that comes days after health care giant CVS made a bid to purchase the company, multiple outlets reported (Signify did not respond immediately to an inquiry from Forbes ). Aug. 11, 2022 Meditation app Calm laid off 90 employees (20% of its workforce), … [Read more...] about Peloton Reportedly Lays Off 800 Employees — Here Are The Major U.S. Job Cuts As Recession Fears Grow

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