Human resource development strategy versed in current management trends

The human resources department of a company must be well versed in current management trends, and stay up to date in terms of emergent strategic orientations. The process of human resource development is based on which executives, managers, or employees conduct daily activities and maintain a level of enthusiasm among the workforce. A strategy is…

Franchising industry holds its breath as FTC takes a closer look at regulations

Last month, the Federal Trade Commission wrapped up a public comment period in response to its request for information on the sector and its business practices. The agency sought input from stakeholders, including franchise operators, workers and parent corporations, as it scrutinizes franchising practices. It has survived not only five centuries, but also the leap into…

Main Street’s labor problem is weighing on businesses as summer hiring picks up

As summer arrives, Alison Schuch, owner of Fells Point Surf Co., is down about 10 workers at her two beach retail locations as a perfect storm of reasons drives a post-pandemic hiring crunch. A lack of affordable summer housing, scant child-care availability, inflation and the rebalancing of work and life in recent years have combined…

IRS weighing guidance for small business tax credit, taxpayer advocate says

After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to amend returns and claim the credit, which is worth up to $5,000 per employee for…