With the last reading before the Fed assembles in September to discuss a potential rate hike, job growth in August was lower than expected. Despite some highs and lows, mediocre numbers overall will add more uncertainty surrounding the rate hike, as the Fed wanted to see key economic data before making their decision. The Weekly Market Update explores the lead market stories of the past week.
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A concussion is a type of traumatic brain injury that is caused by a bump, blow or jolt to the head. Concussions can also occur from a fall or blow to the body that causes the head and brain to move rapidly back and forth, causing the brain to bounce around or twist inside the skull. Even what seems to be a mild bump to the head can be serious. The severity of the concussion is based on the symptoms displayed and the duration.
Technical Bulletin – 2015 Issue 6 – Life After Browning-Ferris: What Employers Need to Know Under the New Joint Employer Regime
This Technical Bulletin, co-published with the law firm of Cozen O’Connor, covers what you need to know about the NLRB’s Browning-Ferris decision, what it could mean for your business, and what you can expect in the future.
Never before has a company’s brand, balance sheet, profitability and reputation been more reliant on the resilience of its supply chain. Though technology has made the world a much smaller place, this interconnectivity poses new risks, especially with the rise of contract manufacturing, just-in-time manufacturing and outsourcing. A company’s ability to manage the risk inherent in its supply chain will define its success in this brave new world.
Why has it taken more than one century for credit insurance to become more widely used by American Chief Financial Officers and Credit Professionals? It’s primarily due to the number of typical misconceptions about this type of credit risk mitigation strategy.
Trade credit insurance protects your business’ stakeholders against default of your accounts receivable. For many businesses, accounts receivable are often the largest uninsured asset yet represent any company’s cash lifeblood. Covering the risk of your customers’ non-payment can yield major tangible benefits to your company.
Severance practices continue to evolve, but not as dramatically as we have seen in previous years. Corporate directors persist in implementing reformations of severance practices, but at this point these changes tend to involve minor tweaks rather than drastic revisions. These reformations take place in a variety of ways: the cash severance amounts are becoming smaller, less equity is being accelerated, and the excise tax gross-up provision is being phased out.
The bursting Chinese equity bubble sent waves through global financial markets last week. Several tumultuous weeks in China, which included a surprise devaluation of the Yuan amidst slumping equities and economic growth, finally reached a head and wiped out what little gains remained from the highest flying market from the first half of 2015. Markets around the world were battered, and the S&P 500 Index fell into correction territory (down 10% from its peak) for the first time since 2011. Will this affect the Federal Reserve’s plans to raise interest rates in 2015?
China had its own version of “Black Monday” on August 24 when its stocks tumbled 8.5%. This was followed by another down day with a 7.6% decline. This has brought down the previously high-flying Shanghai Composite index to a -8.3% loss year-to-date, which is an astonishing figure.
Leads by Example. Loyal to Employees. Friendly. Combined, these three characteristics of a great supervisor help create workplace climate. When employees talk about loving to work for a great company, they are really describing that they love working in a great work climate. That work climate is created, intentionally or unintentionally, by people -- by supervisors. As we look closer at each of these characteristics, reflect back on your own work climate experiences. Better yet, examine the one you are creating or experiencing right now.