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Bonuses & Bankruptcy
Nothing makes media headlines faster than jaw-dropping executive incentive payouts and/or retention bonuses paid prior to a company’s bankruptcy filing. Within this context, the impact of COVID-19 has been uneven across sectors and has contributed to poor...
The “Great Resignation” is Killing Companies
In normal times, people quitting jobs in large numbers signals a healthy economy with plentiful jobs. But these are not normal times. The pandemic led to the worst U.S. recession in history, and millions of people are still out of jobs. Yet employers are...
Small Businesses Must Embrace Digital Technology to Survive in a Competitive Marketplace
It’s no secret that businesses have had a very difficult time surviving during the pandemic and in fact, many have gone out of business. On the other hand, many small to medium size businesses have not only survived, they have actually prospered, by embracing...
The Debt Ceiling and Default
The easiest way to spark a financial crisis and wreck the US economy would be to allow the federal government to default on its debt. It would be an epic, unforced error and millions of Americans would pay the price. And yet that unlikely situation is once...
Is Your Company A Disruptor?
Today’s business world continues to be quite challenging, regardless of how a company is faring in figuring out the post-COVID recovery. While many CEOs have made changes to take advantage of new opportunities, others are still struggling to develop plans to...
Reacting to a Lack of Employees
The help wanted signs are everywhere. Despite the national unemployment rate of 5.4%, companies continue to have difficulty finding employees. This is especially hard with lower paying jobs, but the problems occur with higher paying blue-collar positions as...
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