Share to Twitter Share to Linkedin Anne Krog Iversen is the Co-founder, Chief DNA & Culture Officer at TimeXtender . World Mental Health Day is October 10, 2022. This day is dedicated to raising awareness about mental health throughout global circles. Here in the U.S., one out of every five American adults has experienced a mental health issue. Despite this, some people still wonder if providing a mental health program is an action that a company should take. My answer is unambiguous: How can a company not be involved in sponsoring mental-health awareness at work? As leaders in the corporate world, we have a responsibility to help remove the stigma of mental health and support employees in need. Mental health issues in the workplace can lead to lower productivity and absenteeism . And we haven't even mentioned the impact that the pandemic has had on people. Employees are the heart and soul of an organization; they’re our colleagues, … [Read more...] about Making Mental Health Awareness A Top Priority In Business
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Share to Twitter Share to Linkedin Companies dedicate a substantial amount of resources to employee benefits so they can attract and retain quality workers. Over half of employers offer some type of employee-funded retirement plan, health benefits and/or access to life insurance to their employees. However, even with these financial benefits, most employers are still missing a major piece of the puzzle when it comes to promoting the financial well-being of their employees: financial education. While financial education has always been important, the pandemic and the great resignation propelled the need for financial literacy and wellness. According to TIAA’s 2022 Financial Wellness Survey , Americans define financial wellness as ‘simply feeling comfortable with their financial situation. Over 50% believe wellness is defined as having the means to take care of family, not worrying about money or debt and feeling protected financially from life’s unexpected … [Read more...] about Should Employers Provide Financial Education? Only If They Want Healthier And More Productive Employees.
Share to Twitter Share to Linkedin Moving to zero-emission trucks and clean energy sources could avoid tens of thousands of premature deaths and 1.75 million asthma attacks, according to a new study. The study by the American Lung Association focuses on the health impacts of switching to zero-emission heavy duty vehicles in areas of the United States that have 8,500 or more truck trips per day. The report estimates that in counties with major trucking routes, the transition to zero-emission heavy-duty transportation and clean, non-combustion energy by 2050 would result in up to $735 billion in cumulative health benefits, 66,800 avoided deaths, and 1.75 million avoided asthma attacks. The Association’s national senor director for advocacy and clean air, Will Barrett said they looked at long-haul trucks, school buses and parcel vans, because while they only represent 6% of all the vehicles on the road, they generate the “lion’s share” of … [Read more...] about Switching To Zero-Emission Trucks Could Save Thousands Of Lives, Study Finds
Share to Twitter Share to Linkedin Critics of Medicaid’s long-term services and supports (LTSS) program often complain that it is so poorly designed that lavishes benefits on wealthy retirees and wastes billions of dollars in taxpayer money. Some people do abuse the system. And they should be stopped. But the real problem with Medicaid LTSS is that in many states its benefits are so paltry that frail older adults receive poor care. The complaints about excessive benefits come in two forms: Some say the program inappropriately allows the rich to exclude much of their wealth from its eligibility limits. Others say wealthy seniors often transfer assets to relatives so they can become eligible for program benefits. The first objection is over policy: For instance, should Medicaid beneficiaries be allowed to keep their homes? Since the alternative would be to sell their house and move into a nursing home, it is hard to see why not. But that issue is … [Read more...] about Medicaid Long-Term Care’s Real Problem Is Insufficient Resources, Not Abuse By Wealthy Seniors
Share to Twitter Share to Linkedin UnitedHealth Group’s Optum unit Monday completed its $13 billion acquisition of the software and data analytics firm Change Healthcare after successfully fending off a U.S. Justice Department challenge of the deal. When the deal was announced over a year ago, Optum, a fast-growing part of UnitedHealth Group, said Change Healthcare will become a part of the OptumInsight business “to provide software and data analytics, technology-enabled services and research, advisory and revenue cycle management offerings to help make health care work better for everyone.” It’s the most significant addition to the OptumInsight business since UnitedHealth in 2017 bought the Advisory Board’s healthcare business , which includes data analytics, consulting and population health for $1.3 billion. Announced in January of 2021, the Change acquisition was seen as a move by UnitedHealth and Optum to bolster the company’s efforts to … [Read more...] about UnitedHealth Group’s Optum Closes $13 Billion Change Healthcare Deal
Share to Twitter Share to Linkedin For a new entrepreneur or owner of a small business, leading their fledgling company and any employees they start out with to success can be a lonely venture. They may be surrounded by others all day long, but in their communications with employees, clients, investors, partners and vendors, many entrepreneurs are uncomfortable expressing fear, doubt or anything less than self-assured optimism. To be able to let their guard down and freely share struggles and frustrations, and even moments of joy and clarity, there are helpful things leaders of small businesses can do to beat the feelings of isolation that so often plague people in their position. Below, members of Forbes Coaches Council share effective ways for small-business owners, entrepreneurs and solopreneurs to combat the loneliness so many leaders face. 1. Volunteer To Share Your Leadership Experience As a solopreneur, you are on a journey with yourself. … [Read more...] about 16 Effective Ways To Combat Entrepreneurial Loneliness
Share to Twitter Share to Linkedin As your income grows from your small business, it can be shocking how large your tax liabilities can be each year. From State and Federal income taxes to self-employment taxes, your tax bills can be painfully large. Tax planning is an essential part of running a successful business. Keep reading for ways to minimize your small business taxes each year. The larger your business income, the more valuable proactive tax planning can be. Most small businesses will need to utilize a number of the following tax-planning strategies. 1. Look for Ways to Reduce Your Adjusted Gross Income I am stating the obvious here, but the first step in tax planning for your business is to look for ways to reduce your Adjusted Gross Income (AGI). I can’t tell you how often I have reviewed tax returns for high-income business owners who took practically no tax deductions against their incomes. A lower AGI can keep your income in lower … [Read more...] about 14 TAX-PLANNING STRATEGIES TO CUT YOUR BUSINESS TAXES
Share to Twitter Share to Linkedin Khalid Parekh is the Founder & CEO of AMSYS. He launched FAIR bank in 2021 to provide cutting-edge financial services to all Americans. Business leaders spend their professional lives identifying a corporate vision and then molding and motivating “their people” to achieve it. That vision has to be largely focused on achieving and maintaining profitability. Otherwise, no more company and no more job, right? But achieving profitability is really not where corporate vision and responsibility should end. After all, as members of civil society who have thrived thanks largely to those who came before us and built our prosperous economy and society, I believe we have a moral responsibility to give back. Otherwise, future generations might not prosper as we have. And those future generations include our kids and our grandkids. These types of “giving back” business efforts are often referred to as “corporate … [Read more...] about Reasserting The Case For Corporate Philanthropy—Even In Trying Times
Share to Twitter Share to Linkedin Key takeaways The U.S. unemployment rate went up in August for the first time since April 2020. The jump wasn’t nearly as large, though; the reasons for the jump are positive economic indicators. Unemployment numbers don’t account for people who aren’t looking or can’t look for jobs, like the two to four million people not working due to long COVID or women leaving the workforce for other responsibilities since the beginning of the pandemic. The U.S. is currently not in a recession, but we’re on shaky ground. There are reasons to be optimistic, but several factors demand attention, like job listings with inadequate pay and a marked slowdown in hiring. To determine if we are in a recession, economists generally look at three factors: economic output, consumer demand and unemployment. A decreased economic output is normally defined by two consecutive quarters of decreasing GDP. The U.S. met this bar with … [Read more...] about New Jobs Data Friday- How Is Employment Tied To A Recession (Does This Officially Tip Us In)?
Share to Twitter Share to Linkedin Topline Norwegian Cruise Line, the world’s third-largest cruise operator by number of passengers, announced Monday it will drop Covid-19 vaccination, testing and masking requirements on voyages beginning this week. Key Facts For the first time since before the Covid-19 pandemic, guests on Norwegian cruises will not be required to present proof of vaccination or a negative Covid-19 test, and will not need to wear masks while onboard, the company said in a statement Monday. For international voyages, the cruise line will still abide by regulations set by local health authorities, and Norwegian noted that guests may be denied boarding if all country-specific entry requirements are not met. The move makes Norwegian the first major cruise line to drop mandatory testing for unvaccinated passengers where permissible, as competitors Royal Caribbean and Carnival still largely require negative Covid-19 tests … [Read more...] about Norwegian Cruise Line Drops Covid Vaccination, Testing And Masking Mandates