More Companies Are Using Student-Debt Programs to Lure Millennials
The overload in student debt for millennial Americans already is a significant political issue, and now it’s becoming a business opportunity, as well.
The overload in student debt for millennial Americans already is a significant political issue, and now it’s becoming a business opportunity, as well.
There’s no doubt that digital technology is making the world go round these days. As a result, tech-savvy millennials are in hot demand both in the U.S. and abroad.
Can you promise your employees that if they work for you, one day they will be making six figures? That’s exactly what the folks at Chipotle are saying. Will that strategy garner them all the employees they need? Only time will tell.
With millennials now making up the largest generation in the workforce, they are leading teams, redefining corporate goals and contributing to business success. CEOs wanting their organizations to recruit and retain the best millennial talent must not overlook the workplace as an asset.
Middle-market companies are feeling the talent squeeze more than larger companies, primarily because they are competing head on with their larger counterparts and can’t offer the benefits, marquee recognition of a Fortune 1000 or the innovative culture and growth and career fulfillment that small companies and startups do. But mid-market CEOs can compete effectively for the same talent.
The benefits to businesses of classifying workers as independent contractors (and not employees) are many: lower taxes, greater freedom from government regulation, exemption from many laws governing the workplace, and potentially lower labor costs. The border between contractors and employees is blurry, however, and businesses must be careful to avoid misclassification, as significant liabilities may arise from getting it wrong: unpaid wages, liquidated damages, back taxes, disqualification of benefit plans, overtime liability, contributions to retirement plans, social security and FICA payments, and even criminal penalties (in rare circumstances).
One of the biggest concerns of manufacturing CEOs is to have enough talent on hand to take advantage of growing business opportunities as the U.S. economy continues to recover. That means they need to do a better job of attracting the admittedly thin ranks of experienced and capable workers who are available.
As Memorial Day looms, it’s a good time to talk about the new and expanded employee programs many companies are implementing for returning vets.
At the 2015 Smart Manufacturing Summit in Indianapolis, attendees participated in an exchange of ideas and best practices on how to recruit the best technical talent. Their ideas and experiences are shared here.
Middle-market companies are leading job growth, employing more than 50 million people and making a contribution of nearly $6.2 trillion to the U.S. economy, according to the inaugural Middle Market Power Index by American Express and Dun & Bradstreet.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.