Widening income inequality and slowing economic growth have lowered the odds that children will earn more than their parents, according to a new study. Only half of the people born in 1984 earned more when they were 30 years old than their parents did at the same age, the study found.
Some companies are considering nonfinancial metrics such as customer satisfaction as part of their decision-making process regarding short-term incentive compensation. Research has suggested that certain nonfinancial metrics are key drivers of company value.
Emphasizing work/life balance can be a key retention tool for organizations, but not all have followed through. Managers in one survey were more likely than staff to say companies were supportive of work/life balance.
Lose weight. Exercise more. Spend less. These are some of the most popular New Year's resolutions. But what if instead of resolving to hit the gym, you resolve to focus on your career development? Learn how to assess where you are and where you want to be and determine what you can do to achieve your goals.
Total household wealth reached $90.2 trillion in the third quarter, a 1.8% increase, according to the Federal Reserve. The gain was driven by real estate values, which increased $554 billion, and stock and mutual fund portfolios, which climbed $494 billion.
A holiday party can be tax-deductible for your business as long as it is not overly extravagant. Here are a number of tips for managing financial matters, making employees feel included and addressing other issues as you plan your party.
Auditors' efforts in certain key areas have led to improved quality in audits, PCAOB Director of Registration & Inspections Helen Munter said Wednesday at the AICPA Conference on Current SEC and PCAOB Developments. Munter identified additional skills and actions that can help auditors succeed as political leadership and standards change.
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