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Make your next vacation a tax‑deductible one
Lonny Alfred Travel, Hospitality & Event ManagementSummer has arrived, and millions of Americans are planning to either hit the open road or jet set across the world. American Express reports that 72 percent of Americans are expected to vacation in the U.S. this summer — 15 percent traveling overseas — and can expect to spend $941 per person. That comes out to $3,764 for a family of four.
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7 steps to conflict resolution in the office
Deborah Ike Business Management, Services & Risk ManagementFor some reason, when we start to work at an office, we unconsciously expect everyone to get along and not have any conflict. That idea tends to be proven false fairly quickly. Whatever conflicts you've experienced, the tension and resulting lack of cooperation can keep the team from being as effective as possible.
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Pros and cons of retention pay: The basics
Catherine Iste Business Management, Services & Risk ManagementThe story of Kelly Rieves, a former employee of Buc-ee's being sued by the company for pay they say she owes them back, highlights a number of interesting questions about retention pay. Rieves received hourly pay as an assistant manager as well as monthly incentive pay (equal to about one-third of her total compensation). According to the Houston Chronicle, Rieves' contract stipulated she would have to pay back the incentive pay if she left her position before the end of her contract or failed to give six months' notice.
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3 lessons your business can learn from Pokemon Go’s success
Ross Lancaster Science & TechnologyOf all the world's companies that produce, develop or market video games or video game consoles, none is more iconic than Nintendo. Originally founded as a playing card company in Japan in 1889, the company became a worldwide household name beginning in the 1980s, with the introduction of the Nintendo Entertainment System (NES).
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7 tips for complying with the new federal wage-hour regulations
D. Albert Brannen Business Management, Services & Risk ManagementThe U.S. Department of Labor's Wage and Hour Division recently disclosed the details of its final revised regulations relating to certain "white collar" salary exemptions under the federal Fair Labor Standards Act.
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Lesson learned: Amazon’s Prime Day breaks sales records
Katina Hernandez RetailWhen online retailer Amazon announced in June that a follow-up to last year's Prime Day was in the works, some were left feeling skeptical. Although Amazon hailed last year's event for generating more sales than the previous Black Friday, #PrimeDayFail trended on social media as consumers were less than impressed with many items on sale and the length of Amazon's signature Lightning Deals.
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The reality of work relationships: To ban or not to ban
Catherine Iste Business Management, Services & Risk ManagementThere are 168 hours in a week. Assuming a modest seven hours of sleep per night, removing those 49 hours leaves us with 119 waking hours. Working a full-time job, we commit more than a third (approximately 37 percent) of our waking hours going to, being at and returning from work. Thus, it is understandable why and how we develop personal relationships with our co-workers.
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Employment applications: A refresher course
Mel Kleiman Business Management, Services & Risk ManagementThe most important piece of paper between you and the job applicant is the employment application. Yet the employment application is such a commonplace, routine document that we often overlook how vital it is.
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What do June’s economic statistics mean for your small business?
Paul Zukowski Business Management, Services & Risk ManagementWe all see the same government-supplied numbers on the U.S. economy each month — the jobs added, the unemployment rate, the Fed's interest rate. But what those numbers mean to your small business is often quite different from what they mean to the business next door, to Exxon or to the economy as a whole, especially in a presidential election year.
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From responsibility to independence: 3 lessons from project management
Michelle LaBrosse Business Management, Services & Risk ManagementHaving more independence requires taking on more responsibility. It's a lesson teenagers hear again and again from their parents, yet it rarely seems to result in teenagers actually bearing the burden of more responsibility.
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