P&L Statement for Businesses A business uses various metrics to gauge its financial success. On the most basic level, financial success is measured by the gap between income and expenses. The higher th

The Difference Between Factoring and Forfaiting Factoring and forfaiting may seem like similar terms, and in many cases, people often confuse the two. Those in the economic sectors of almost any business w

What Are Retention Compensation Plans? Some employers are pursuing specific compensation programs designed to increase employee retention. Compensation plans tend to be expensive, but the expense is often

Payroll Tax Definition Every time you are issued a paycheck, a percentage of your earnings is withheld for government use. This withheld portion of your paycheck goes to the Internal Revenue Service and he

7 Considerations When Paying Your Remote Workers A 2021 survey by FlexJobs found that 58% of workers favor full-time remote work after the pandemic, and the same percentage would look for new jobs if their

Employees are an integral part of a business, so any staffing issues can significantly hinder operations, lead to lost profits, and damage the company’s image and reputation among peers and customers.&nb