The OCR will begin the second phase of its audit program in 2015. Will your organization be able to provide protection for your health plan’s information under the Security Rule and avoid penalties?
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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.
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.
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.
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?
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.
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.
Global growth weakness was in the headlines again last week, with the Fed expressing concerns while data from China showed the weakest growth in over six years. Several financial markets have moved sharply lower in August – equities all over the world and commodities especially. Which way will U.S. equities move now that the S&P 500 Index has moved into correction territory?
An alternative de-risking strategy that avoids some risks is to allocate funds to a long/short equity strategy that is expected to generate comparable market returns over longer periods, while exhibiting less volatility and limiting downside exposure in the event of a market decline.