News
Accountants share how they're using AI
May 06, 2024
While many accountants are determined to stay as far away from artificial intelligence as possible, others have found ways to use the technology to yield tangible benefits for their firms (see "Accounting's reluctant AI revolution").
How CFOs can keep restless accountants on staff
May 06, 2024
What it takes is more nuanced than simply offering more money or fewer hours.
Talent retention will challenge companies this year, report finds
May 04, 2024
Human resource (HR) professionals in the UK expect talent retention to be a considerable challenge for their organisations this year, as well as the top priority for employers, according to a survey of 300 HR decision-makers.
Working 9 to 5: Still the way to make a living?
May 03, 2024
Is the typical office day still alive and kicking? Or is the working world leaving it behind? Jon Dudgeon of Blu Sky explains why the 9 to 5 just isn’t for him.
53% of CFOs have adopted or are adopting ESG principles: Report
May 01, 2024
The proportion of CFOs integrating ESG concerns into core business strategies has soared in the past year.
A road map to avoid losing your way on digital transformation
May 01, 2024
A digital transformation expert says there’s no bad time for digital transformation and no set of KPIs. Why? Hear more in this podcast episode, or read the Q&A.
Companies refine M&A retention strategies
April 29, 2024
But a surprising number of employers don’t do a good job of tracking how much they’re actually spending on these retention efforts.
Feds Increase Salary Minimum for Exempt Employees
April 29, 2024
The salary threshold required to exempt a salaried executive, administrative, or professional employee from federal overtime was increased from $35,568 to $43,888 effective July 1, 2024. The salary threshold will further increase to $58,656 on Jan. 1, 2025.
National Small Business Week: IRS.gov offers one-stop shop for small business tax resources
April 29, 2024
The Internal Revenue Service today urged small businesses to take advantage of the many tax resources available through the Small Business and Self-Employed Tax Center on IRS.gov.
To bolster employee wellbeing, employers must look inward
April 26, 2024
New research from Oxford University found that employees do not engage with individual-level wellness interventions. The researcher behind the study says companies should focus on how they plan to improve jobs first.
Senate Approves AI Bill After Passionate Debate
April 25, 2024
The Senate Wednesday passed a bill to regulate artificial intelligence after a passionate debate over whether the rules will protect state residents from the kind of dangers the internet has brought or become unbearable burdens to businesses and stifle innovation.
U.S. DOL’s Final Overtime Rule Increases Salary Thresholds for Exempt Employees
April 25, 2024
As of July 1, 2024, an estimated one million employees who are currently salaried, exempt employees in the United States could be impacted by the salary threshold change. These employees, unless there is intervention by their employer, might become eligible for overtime pay under the Fair Labor Standards Act (FLSA) after working 40 hours in a workweek. According to the U.S. Department of Labor (DOL), another estimated three million could be impacted on Jan. 1, 2025.
26% of finance leaders expect a dramatic drop in GenAI hype: Poll
April 24, 2024
The hype around AI and new automation tools may be starting to cool off, according to The Daily Balance subscribers.
35% of employees would would take less pay for non-toxic workplace: Report
April 24, 2024
Workplace toxicity can have negative impacts around employee engagement, productivity, and well-being.
FTC to ban noncompetes
April 24, 2024
Existing noncompetes with senior executives — those who earn more than $151,164 annually and who are in a “policy-making position” — may remain in force.
Feds ban non-compete clauses as CT reconsiders bill to limit them
April 24, 2024
Because of expected legal challenges, proponents of the ban are pushing for state and federal laws to place limits on non-competes
5 Time-saving strategies for CFOs to unlock greater potential
April 23, 2024
CFOs need to free up the time needed to ably execute on both strategic and tactical levels, according to McKinsey.
Updated FAQs provide details on phase-in timing of BOI access
April 19, 2024
Updated FAQs on beneficial ownership information (BOI) from Treasury's Financial Crimes Enforcement Network (FinCEN) include details on the timing of the phase in of access to BOI under Section 6403 of the Corporate Transparency Act (CTA), P.L. 116-283.
More than 4 in 5 large companies still offer flexible work model
April 17, 2024
Headlines can leave the impression that large companies are behind the times when it comes to offering corporate employees work location flexibility, but recent research paints a different picture.
68% of Gen Z workers would take an unwanted job for good pay: Report
April 15, 2024
Gen Z employees are looking for higher salaries and more work-life balance, according to new research from dcdx.