Payroll
Women Now Hold 30% of Leadership Positions in Mid-Market Businesses
The number of women holding senior leadership positions in mid- market businesses globally has hit 31% despite the COVID-19 pandemic affecting economies around the world, according to Grant Thornton’s annual Women in Business report.
U.S. Employers Promoting Covid Vaccinations, But Not Requiring Them
80% of employers say vaccinations will allow them to move to a new normal in terms of returning to the workplace. Yet, relatively few employers (10%) believe vaccines should be mandatory.
AICPA Thanks Congress for PPP Extension
The additional 60 days provided by the PPP Extension Act will greatly help small businesses, non-profits and the CPAs that serve them complete existing and file new PPP loan applications. AICPA believes that this extension gives the SBA time to update ..
U.S. Unemployment Claims Drop to Lowest of Pandemic Era
The initial claims figures suggest that job cuts are easing as businesses reopen and vaccine eligibility expands to more Americans. It was the first time claims dipped below 700,000 since the pandemic began.
Major Boost to Tax Credits for In-Home Employment
Most families will see their tax breaks for care-related expenses at least double and some will see them at least triple, and find it significantly cheaper to pay legally – and take advantage of the tax breaks – than to pay under the table.
Hiring Mistakes Hurt More During the Pandemic
When it comes to their most recent regrettable hire, senior managers said it took 10 weeks, on average, to realize the person was a poor match and to let them go, and an additional 6 weeks to restaff the role.
Mortgage Rates Continue to Rise
The average for a 30-year, fixed loan was 3.05%, up from 3.02% last week and the highest since July 2, Freddie Mac data showed Thursday. Rates have surged this year from a record low 2.65% in January.
New Unemployment Claims Drop to November Levels
Applications for U.S. jobless benefits fell by more than forecast last week to the lowest since early November as Covid-19 vaccinations accelerated and states eased more business restrictions.