9 Winning Leadership Skills to Influence your Colleagues

9 Winning Leadership Skills to Influence your Colleagues 

Leadership is the ability to motivate a group of people to achieve a common goal. In a business setting, this means directing workers and colleagues to meet the company’s needs. To influence every colleague and eventually be a successful leader, there are nine winning skills that you can take into consideration.

1. Relationship Building

Relationship building is the foundation of any high-performing, results-oriented team, and is an essential winning leadership skill. This will enable leaders to build a cohesive, more engaged team. Some strategies that can be used to achieve this is by expressing gratitude to the staff and arranging various team-building exercises.

According to Gallup’s meta-analysis of employee engagement, businesses with good employee engagement have 41% fewer quality defects and 37% less absenteeism. Additionally, there is a 21% increase in productivity resulting from higher employee engagement. Highly engaged teams foster a happy working environment for everyone. Office sporting activities is one effective way of connecting with staff.

2. Critical Thinking

It was the Brandon Hall Group that shared a table depicting critical thinking as the top most important skill required of leaders to lead an organization successfully. Critical thinkers often make knowledgeable and objective decisions. They are highly analytical and always rational. 

Whenever difficult decisions arise, this leader is trusted to make the best decisions mutually beneficial to both organizations and employees. Team members will rest assured, knowing that every decision made is well researched and that all possible outcomes were thoroughly assessed. They will be convinced that the final choice is the best.

3. Communication

Communication is another essential winning leadership skill. Good communication assists in the reduction of conflicts while building solid relationships within the organization. While communication is of extreme importance, it is also very challenging, especially in a technology or manufacturing industry where people were initially hired for their production skills, not communication.

Many problems in the workplace arise from a lack of communication or miscommunication. Therefore, leaders must be endowed with the ability to give feedback and appreciate, recognize, correct, and reprimand employees; thus, businesses must invest in the requisite communication skills training for managers and employees.

4. Time Management

In a fast-paced, highly competitive business environment, employers continue to look for strong time-management skills. Time is money. Workloads pile up in no time and get daunting to think about the time you will need to finish the assigned work.

Researches inform that an average manager gets interrupted every 3 minutes, which Stephen Covey suggests can use his time-management quadrant to organize and prioritize tasks for effective output. A leader without adequate control over his schedules can experience burn-out in no time.

5. Emotional Intelligence

Emotional Intelligence is a critical winning leadership skill. This is the ability to monitor one’s own and other people’s emotions to guide thinking and behavior. Such talent is needed if one wishes to lead his team effectively.

Leaders must have the ability to empathize and listen to subordinates and colleagues and decipher a person’s emotions and then figure out how best to deal with it. This skill may not come instinctively, so the requisite leadership skills training may be required to develop or enhance emotional Intelligence.

6. Empathy

Empathy is a crucial skill in influencing colleagues. With empathy comes respect and trust. Being empathetic, listening keenly to others, attending to their needs, and building relationships. Being empathetic ultimately results in better performance of the entire team. When a manager is empathetic, the people he leads will more likely go the extra mile.

Managers need to express empathy, especially when assigning a task to persons who won’t like it or offer criticisms, or mediating in employee disputes. Still, empathy is needed when giving bad news to persons, e.g., Telling staff that they will have to be laid off or suspended.

7. Consistency

To influence every colleague, the leaders within the organization must be consistent. This winning skill will assist managers in treating every team member equally. Being consistent enables managers to be fair in rewarding behaviors, motivating staff, and providing feedback to actions they wish to discourage.

Effective leadership is being consistent and avoiding favoritism. This gives managers some leverage in the form of moral authority. Additionally, when leaders are consistent, staff members will be consistent too. Importantly, consistency builds integrity. Being consistent is also one way to empower staff to act based on your desired behaviors and culture.

8. Organization

Effective leadership involves setting goals, planning, executing, reviewing outcomes, and identifying areas that need improvement. Managers typically have a heavy workload, so if they do not have strong organizational skills, they will fail instead of an organized manager who often projects an image of reliability and control.

Additionally, good organizational skills establish a sense of professionalism in the workplace. They will enable managers to win the trust of employees and that of clients and associates easily. Good organizational skills can aid in the reduction of stress and creates a more relaxed working environment.

9. Delegation

Many persons consider delegation as offloading work so that they can have less stress as a leader. That is not the case. When a manager effectively delegates, they are intrinsically building staff members’ leadership skills and demonstrating that you trust your team members to deliver beyond basic expectations.

Managers who delegate tend to be more effective as the superior-subordinate relationship is often improved during the process. This is because staff members tend to become more motivated to work and are more satisfied with their jobs. Delegation assists in bringing stability and such relationships and aid greatly in breaking the monotony of the subordinates so they can be more creative and efficient in executing the given tasks.

Conclusion

To be influential leaders, one must hone the requisite winning leadership skills to influence every staff member. Such skills build relationships while thinking critically, communicating and managing their time well, and being emotionally intelligent and consistent. They must have good organization skills and the ability to delegate, and through it all, they must be empathetic.

Delaware One Stop: File Delaware State Taxes

Wyoming’s unemployment insurance tax wage base will rise to $30,900 in 2024, up from $29,100. The 2024 unemployment insurance tax wage base will rise to $14,300, up from $13,500. Per the contingent flat tax plan for corporate taxpayers, in 2024, the corporate tax rate is set to be 5.5 percent on income under $100,000 and 7.1 percent on income above $100,000. Prior to 2018, pass-through entities were not subject to entity-level tax in the state as income was realized by the entity’s owners.

Delaware lets you use whichever method amounts to the least tax owed. The corporate laws and cases decided in Delaware are often used by the Supreme Court to influence decisions. This is the first method that is typically used to calculate tax. Unemployment benefits can provide a stable income while you search for new employment opportunities, helping you bridge the gap between jobs. Here’s what you need to know about eligibility for benefits.

One state, Kansas, will significantly reduce its grocery sales tax rate. Once the Franchise Tax is paid, business owners can request a Delaware Certificate of Good Standing that certifies the date of formation of the company in the state of Delaware. It will also note that the company is in good standing and is current regarding all applicable Delaware taxes. The form is issued directly from the office of the Delaware Secretary of State.

This relief is capped for individuals earning $150,000 or more, or married couples earning $300,000 or more. All other rates remain unchanged, including the top marginal rate. The biennium budget also raises the EITC to 40 percent of the federal credit, up from 30.5 percent, and seniors will benefit from expanded exemptions for certain pensions and annuity earnings. Michigan taxpayers will be subject to a higher individual income tax in 2024 than they saw in 2023. Two states, Montana and Massachusetts, have codified filing status requirements. And Missouri has effectively exempted social security payments from taxation.

What Is the Annual Registered Agent Fee?

Your business may require a Delaware Certificate of Good Standing. There are ways to reduce your Delaware franchise costs in certain circumstances.

  • The franchise tax can be calculated based on one of two methods.
  • This continued in 2023 as the state accelerated previously enacted cuts to both the individual and corporate tax rates, reducing the top marginal tax rate earlier than expected.
  • In 2024, the Palmetto State will reduce its top individual income tax rate from 6.5 percent to 6.4 percent.
  • Kentucky is instituting a new tax on electric vehicle power.

A corporation may pay its franchise taxes directly via Delaware SOS ACH. New employers in Oregon will face a higher unemployment insurance tax rate in 2024, with the new employer rate rising from 2.1 percent to 2.4 percent. In addition, the wage base has also been increased about federal income taxes withheld on wages to $52,800, up from $50,900. In February 2023, Kentucky enacted House Bill 1, which reduced the state’s flat income tax rate from 4.5 percent to 4.0 percent, effective in 2024. This codified a reduction that was triggered per conditions established in 2022 (House Bill 8).

Delaware franchise tax calculator

Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Twillo. Two methods are used to calculate taxes for a corporation with stock. Taxpayers owing $5,000 or more pay estimated taxes in quarterly installments with 40% due June 1st, 20% due by September 1st, 20% due by December 1st, and the remainder due March 1st. Taxpayers subject to the quarterly payment requirement will receive a reminder notice each quarter.

Deadline: Delaware Franchise Tax

Through Delaware’s unemployment insurance program, workers can receive income, job training, employment search resources and career counseling. The state’s unemployment insurance tax administrative assessment for all experience-rated employers is set to expire in 2027. However, for 2024 through 2026, Senate Bill 160 sets the assessment at a rate of 0.06 percent. In recent years, Nebraska has made a concerted effort to make competitive, pro-growth, tax reform a priority.

The Division of Corporations pull in a TON of money off hammering people with late fees and interest. As your Delaware registered agent, we send you a ton of reminders to file this to hopefully save you some money. If using the Assumed Par Value calculation, the annual report must also include a list of issued shares and the company’s gross assets. In addition to corporations, Delaware limited liability companies (LLCs), general partnerships, limited partnerships (LPs) and limited liability partnerships (LLPs) must also pay franchise taxes.

Steps to filing the Delaware Annual Report and Franchise Tax

Additionally, individual taxpayers will be required to use the same filing status on both federal and state returns. Changes, including 17 states cutting individual or corporate income taxes (and some cutting both). The franchise tax for a corporation in Delaware is determined through one of two means, depending upon the number of shares issued by the corporation. Generally, registered agents receive franchise tax information from the State with respect to their customer companies in December, which they then pass on to customers. These large corporate filers pay an annual franchise tax of $250,000 instead of $200,000 and are required to pay their franchise taxes on a quarterly basis. In 2024, the Palmetto State will reduce its top individual income tax rate from 6.5 percent to 6.4 percent.

The lowest tax you’ll pay with the Authorized Shares Method is $175. How the Franchise Tax is calculated depends on the company type. Delaware Division of Revenue Business License Holders Gross Receipts Tax, and other obligations dependent upon business activity.

Q: What information is required on the annual report?

There is a minimum tax of $175 and a minimum filing fee of $50; so there is a minimum Delaware franchise tax and annual report payment total of $225 a year for Delaware domestic corporations. Domestic corporations must file by March 1 or face a $200 penalty, and a 1.5% interest rate on the amount due. For both Delaware corporations and foreign corporations, the State charges a filing fee for submitting an annual report. For a domestic corporation, the annual report filing fee for a Delaware corporation is $50, or $25 for an exempt Delaware corporation. Foreign corporations (companies incorporated in another state but qualified in Delaware) must pay a higher fee of $125. In addition to paying the franchise tax, businesses incorporated in Delaware must also file an annual report and pay a small filing fee.

Top 7 Manufacturing Job Skills for the Post-COVID Era

Top 7 Manufacturing Job Skills for the Post-COVID Era

 

The coronavirus pandemic has had a significant impact on several sectors, notwithstanding the manufacturing industry. The simultaneous supply and demand shock, coupled with shutdowns, have led to industry disruptions. Companies look forward to the top seven manufacturing job skills for the post-COVID era or the fourth industrial revolution to avoid any further profit decline to control the situation. 

1. Digital Fluency or the Ability to Work with Computerized Systems

New technologies are increasingly penetrating the manufacturing and distribution environments, which creates a demand for professionals who are comfortable using computers and robotic process automation systems in this evolving technologies and manufacturing landscape. 

Research has shown that approximately 16 percent of the currently employed American manufacturing workers have no digital skills, and 19 percent with limited skills. Thirty-six percent of the pool have a basic proficiency level. Only 29 percent have the required advanced manufacturing job skills to work with computerized systems, grossly inadequate. Such tasks typically require the use of both generic and specific technology applications. Source.

For example, a person may have to work with a newly designed online form. They may need to navigate multiple pages and applications where digital fluency becomes a necessary skill.

2. Big Data Analytics Manufacturing Job Skill

Another essential manufacturing job skill is data analysis to forecast and prevent problematic situations in advance. Manufacturers must know how to monitor the company’s functions and performance through data/predictive analytics. Hence, companies need the best possible solutions to overcome difficulties or minimize them. 

The implementation of such analytics will address issues such as overproduction, idle time, logistics, and inventory. Manufacturers must therefore be able to forecast when equipment may fail to perform assigned tasks and take actions to prevent/reduce such occurrences. This is done via preventive maintenance applied to the equipment that is still working to lessen its failure. The process further reduces considerable delays and losses.

3. Programing of Manufacturing Specific Machines and Devices

High-end software solutions and technology have taken on the global manufacturing industry for its robust drive of economic growth and flexibility to adjust to supply chain interruption and change. Here, one’s expertise in programming manufacturing-specific machines and devices is an essential job skill.

Therefore, manufacturers must have a firm understanding of manual programming techniques if they intend to be relevant and competitive while operating at a profit. Programming methods such as the reduction in cycle time is of utmost importance. This is because as production quantities grow, every second of program execution time becomes critical. Manufacturers must therefore aim to meet production schedules while optimizing toolpaths relative to their models. 

4. Manufacturing Job Skills in Robotics

Robotics will reinvent the way workers will operate post COVID within the manufacturing industry. Such robots navigate independently set up by using a dispatcher and software. Additionally, they can be customized to fit most applications.

This important manufacturing job skill in automation and robotics, when implemented correctly, can reduce the time required to process an average production order through the factory, leading to lower production lead times and bottlenecks. Therefore, old assembly lines will be a thing of the past as access to new production models with improved efficiency will gain momentum. Most importantly, automation will augment human labor in extreme or dangerous environments while ensuring high safety standards.

5. Experience in Machining, Fabricating, and Complex Assembly Manufacturing Job Skill

In the post-COVID-19 era, manufacturers must gain the requisite Manufacturing Job Skill in machining, fabricating, and complex assembly to take advantage of highly advanced automation processes so that mass production, in particular, can be done. This will optimize the general manufacturing processes associated with the cost reduction of product assembly and iterations. Essentially, this job skill will help reduce material, overhead, labor costs, and product development cycle time.  

6. Understanding of Hydraulic, Pneumatic, and Electrical Systems

A thorough understanding of hydraulic, pneumatic, and electrical systems is another critical manufacturing job skill necessary for the post-COVID-19 era. This is because manufacturers must identify the different characteristics associated with pneumatic, hydraulic, and electrical circuits. 

Manufacturers must know what drives can be controlled to very accurate positions, speeds, or forces and reduce noise levels in the machines while keeping them operating at maximum capacity.

7. Knowledge of Mechanical and Electrical Engineering Processes

Mechanical and electrical engineering processes encompass manufacturing and repairing a diverse range of electrical and electronic products ranging from engines to mobile phones. Manufacturers in the post-COVID-19 era will be required to know about such Manufacturing Job Skills ranging from facility layout to machine & equipment optimization and resource development and cost reduction. This will, in turn, enable them to streamline production without compromising on quality.

The manufacturing industry is growing increasingly volatile and competitive. It is not only because of COVID-19 but also because new technologies such as 3D printing is set to have a transformative effect on this sector.

Conclusion

The post COVID world, by all estimates, will not be anything like today. The most significant change that the manufacturing industry may face will be a high dependence on technology. Companies, specifically related to manufacturing, will need to re-examine their policies and employees’ skill set. Manufacturers must be aware that if they haven’t started implementing IoT, they’re already behind their competitors since approximately 81% of industrial manufacturers have already applied IoT to increase operational efficiency.


At SkillDemand, we are ready to help you hire the best manufacturing professionals to accelerate your business growth. Contact us here.

Intervention: Where Are They Now? Intervention Cast Today

There is no greater feeling than the one past addicts feel after defeating their addiction. Drug or substance addiction has plagued humankind for decades, and getting out of that vicious circle is gitlab vs github vs bitbucket vs azure devops a must for a healthy and long life. A&E’s reality show ‘Intervention’ follows such addicts who are willing to give it their all and fight against the very evil that has a hold over their lives.

  1. However, she soon left the rehabilitation centre and was arrested and charged with drug possession.
  2. Ultimately, the young man resorted to drinking to mask his pain and depression.
  3. What he doesn’t mention is that said discovery comes during a paternity-test episode of a trashy Maury-like talk show.
  4. What’s more, actor Wilmer Valderrama gave a sneak preview of what viewers can expect from NCIS season 21 when he attended the 2024 Golden Globes in early January.
  5. The long-running docuseries follows family and friends as they try to help their loved ones with addiction.

This was followed by a divide in her marriage that eventually culminated in divorce. She then descended into alcoholism and got to the point where her family began worrying about her safety. After enrolling in the recovery https://traderoom.info/ program, she managed to get onto the right path. She has climbed new heights with the support of her children and loved ones. Ultimately, the young man resorted to drinking to mask his pain and depression.

Boxing Community Spreads Awareness for Addiction

Bearing witness to his parents’ conflicts and divorce, Clayton’s youth was marred with a significant divide. More issues piled up for Clayton and his brother when their father came out as a woman. Unable to cope with the recurrent issues, the brothers descended on a destructive path and even resorted to theft and imprisonment. Clayton was eventually redeemed when he found happiness with his girlfriend and had a daughter.

Episode list

This is a list of episodes for Intervention, an American reality television program which aired on the A&E Network since 2005. Finnigan also pointed out how “Intervention” has helped people watching at home to feel less alone in their own seemingly hopeless situations with friends and family members struggling with addiction. In the clip below from this week’s Intervention, we see the profiled addict, Latisha, basically walk all over her mother to smoke crack in her apartment. Her mother explains that as a recovering addict herself, guilt drives her to enable her daughter’s addiction. Monday’s episode of Intervention (A&E, 10/9c) profiles Tiffany, a young mother whose meth use causes all kinds of unseemly behavior, including picking the skin on her face to the point of scarring. During the climax of the episode, she lashes out in public — and what’s worse, cameras are following her…

Susan is Living a Private Life Today

Growing up in a rough neighborhood, and having an openly gay father, Sean developed anxiety problems. He showed promise as a popular local DJ, but his musical aspirations were ruined once he turned to alcohol. He now drinks constantly, relying on his daughter to look after him and pay the bar tabs he can no longer afford.

From witnessing the divorce of adoptive parents to cladding her true emotions, the television personality would binge-drink alcohol on weekends and return to her promising career in nursing during the week. Before long, she lost her means of sustenance, drowned her savings, and even amassed a criminal record. Ultimately, her family helped her see reason and enroll in a facility for her issues. After the show, Kelsey managed to regain her physical and mental calm. She has since enrolled in a local college and has begun working as an addiction counsellor and community service worker. She has managed to rebuild her relationships with her family and hopes to achieve new milestones.

They will advise each addict on which center they are assigned to base on their addiction, which is typically in a different state than where they reside.[5] Many Interventionists have appeared on the show since its start in 2005. “You’re high as a kite and you’re not even really thinking clearly to ask the appropriate questions, like, ‘Why are you following me around with a camera? ’ They have all these lights, and [you’re thinking it’s] just some random little rinky-dink documentary,” says Ashley Mazziotti. She was the subject of an Intervention episode over 10 years ago and says she has been recognized in public by people who’ve seen her doing drugs on television.

Episodes

Ed, 53 and Bettina, 49, had a picture-perfect life, including three adoring kids, a dream home, sports cars, motorcycles and a respected place in their church community. But six years ago, Ed made a bad career move and ended up unemployed. Ed has been hospitalized for internal bleeding and Bettina for withdrawals so excruciating she thought she was dying. Their children have begged them to stop drinking, but it only strengthens the bond between Ed and Bettina. During the intervention Kristen is very emotional, but agrees to treatment as she realizes she will die if she doesn’t get help. McKillop also took the opportunity to shout out 156 of the participants who’d taken part to date, all of whom, he proudly noted, were current in their sobriety.

This feels like a sketch of a sketch, and it makes for a real flat note to go out on – at least until Dave Chappelle shows up, sans explanation, for the closing curtain call. Following Timberlake’s performance of Sanctified, featuring Tobe Nwigwe, it’s time for Weekend Update. The first guest is a guy named Ethan (Yang), ostensibly there to break down the recently announced Oscar nominations. He immediately dismisses that notion in favor of his own personal awards show. A serial liar and egomaniac, Ethan is just a slightly goofier version of Yang’s George Santos impression.

A&E revealed the return of the show on January 13, 2015,[3] and aired both a special behind-the-scenes episode showing the filming process and updates from former addicts. A concern is that those who watch Intervention may come away believing that confrontation and inpatient treatment are the only combination that can work to battle addiction. Over 17 years and more than 300 episodes, the docuseries’ approach has remained largely the same. Nearly every year since Intervention premiered, overdose deaths in the United States have increased. However, when he finally decided to end the nightmare and take a new path, he was met with unfathomable support and the trust of a community. Since his appearance on the show, Dan has managed to leave behind the insidious issues that kept him in a web of disservice to his health and well-being.

She was addicted to inhaling compressed gas which is generally used to clean electronics and computers. The fatal computer dust remover was harmful to Allison and her well-being. Viewers would be overjoyed to know that Allison has beaten her addiction since appearing on TV and is now living a healthy life. Having resorted to alcohol and substance abuse since the age of 16, the television personality eventually became homeless and estranged from her son. Things turned worse when her mother remarried, and her stepfather told her to put up with her addicted father. At 16, she was kicked out of her house and felt extremely abandoned.

However, his addiction ultimately got the better of him to the point where he didn’t see his son and ex-fiancee for three years. After expert Michael Gonzales and his family intervened, he regained his once-lost purpose. Since then, Michael has been working as a Facility Manager for a company in Seattle. He has recalibrated his relationship with Estee, and the duo are now married and share happiness with their son, Hayden. Kelly is a 27-year-old mother who turned to drugs to handle the trauma of being sexually abused by her sister’s boyfriend when she was 11.

8 Spirit Animals for Leadership in Human Resources Management

8 Spirit Animals for Leadership in Human Resources Management

8 Spirit Animals for Leadership in Human Resources Management


As humans, our brains are the most developed of all living species, yet when you reflect on the animal kingdom’s display of leadership skills, there’s no end to wonder. Each of these species has unique attributes and leadership qualities essential to leadership in human resources management. 

If you pay close attention to the habits of some animals with a pre-existing attitude to absorb new learning, you’ll see that leadership traits and practices are not unique to us but to the animal world as well. In fact, we often identify and query about spirit animals, don’t we?

So, without much ado, let’s check out the animals we’ve studied to draw from their inspirational leadership qualities.

What can Leadership in Human Resources Learn from Chimpanzees?

Empathy.

Chimpanzees are great leaders. The alpha males possess leadership qualities like generosity, peacekeeping, and empathy. According to Chimpanzees, they love building communities; although they use complex leadership techniques, their primacy maintains social harmony among the alliances or groups. 

As you train in leadership qualities, prioritizing community building is one of our recommendations. Chimpanzees are also extremely good at conflict management. Before the lead makes any decision, they first console the group members to have an exceptional support system when there is an altercation.

What can Leadership in Human Resources Learn from Sharks?

Resilience.

Sharks are mostly peaceful and introverted. The most interesting fact about shark-behaviour is that they are terrific listeners; they can read the body language of other sharks. They reflect more on information and react less, which makes them tolerate uncertainty, and develop resilience. 

Learning from a shark is not how it tears its prey but its social intelligence and promising leadership that you can take to corporate training rooms. As an aspiring leader in your domain, to look up to a shark as your spirit animal would mean to embody an inspiring leadership presence.

What can Leadership in Human Resources Learn from Leopards?

Flexibility.

The leopards are agile animals known for their flexibility to adapt to dynamic environments. They are often despised because of their cunning ferocity; they are on stealth and always at heels to attack a prey. On a jungle safari, at one moment, you may not see one in the vicinity, and as you turn around, you notice its piercing glares.

So, what does it conclude about a leopard’s leadership skills? In your professional career, technical skills are one ability. But for actual growth, you need to develop the power to influence by harnessing agility to work with professionals of various mindsets in various organizational structures. As you ace on adaptability, you achieve better success.  

What can Leadership in Human Resources Learn from the Geese?

Support.

Geese are very supportive of each other, and they always operate in a group. They fly in formation to reach their destination. And when one goose falls behind, the team honks from behind as cheerleaders to boost some motivation. The other thing about geese is that they share leadership. 

Like the geese, consider sharing opportunities with your peers. Sharing opportunities with your team as a leader or a team member help you develop your soft skills, people-aptitude, and strategic delegation based on merit-match. When people see you as a supportive and encouraging leader, you impact performance and elicit respect.

Do Wolves have any Leadership Quality to Inspire HR Management?

Task Management.

Wolves have the most effective ways of getting things done by sharing the workload. When the work is shared and evenly delegated, there is no compromise on any performance-output. Much like the geese, wolf leadership can be praised for teamwork.

In the corporate world, communication and teamwork play a pivotal role. Teams that work together know their collective responsibilities and communicate effectively; they can tackle challenges and thrive in any competitive market, which is impossible when one’s leadership operates silos.

What can Management Leadership Learn from Ants?

Focus.

Ants are very much aware that their existence depends on strategic planning and detailed execution. They may be small and weak, but they are the most diligent creatures one can ever find on planet earth. Popularly, they are industrious and meticulous, never missing the sight of their goals. 

As a professional, will it hurt if you have to nurture an ant-mindset that’s determined, diligent, and always stay on focus? Because if you are a person who appreciates by value and not the size, ants are the ones with an all-season winning mindset that never quits. Now, if an ant is your spirit animal, you cannot quit.

What’s an Eagle’s Leadership Quality?

Visionary.

Eagles are visionary. There are countless qualities to rave about an eagle, but the most outstanding one, which is very relevant to human leadership, is their choice to feed on the fresh than dead carcass. To feed an eagle, you need to serve them live.

So, can we compare an eagle’s primal instincts to the more sober humans? Yes. Your leadership, like that eagle, should not rest on past glories. Leaders are people of the present, so their achievements concern what’s happening now. Even to earn the leader’s attention, you got to be present and take action now.

A Crow’s Point-of-View on Human Resources Management!

Punctuality.

In Asian countries, people associate crows with mean spirits. In western countries, people dread crows as a precursor to some apocalypse. People who dread the crow may have overlooked a crow’s leadership in showing up. It is regular and punctual in turning up for its food at the source.

Punctuality means a lot in business. Whether you are a creative provider or technical, whether you are starting off or on your way to call for retirement, punctuality cannot be traded for anything. Even if you are sick, you have to be punctual for your doctor’s visit, check-up, and medicine. Not only in human resources management, punctuality is valued across professional practices, and without it, one is simply forgotten.

Conclusion

In summary, animal leadership has a lot to offer to professional leadership in human resources management. You need all the afore-discussed leadership qualities to succeed in real life, whether you are an independent professional or an organization executive. The smart thing would be to leverage our discern and discard the negative qualities. There is no pride in identifying with how a wold tears it all apart. 

Section 125 Cafeteria Plans: Everything to Know in 2024

The act allows for more flexibility when it comes to carrying over unused balances from plan years 2020 and 2021, as well as extending permissible grace periods for these plan years. Section 125 plans do state that you must use any remaining funds in the account by the end of the year or the money is forfeited to your employer. But a carryover provision that was implemented in 2013 does allow plan participants to extend up to $500 of unused funds from one year to the next.

The cash payment is treated as wages and is liable to all employment taxes if the employee chooses to receive it instead of any eligible perk. FSAs allow employees to contribute part of their pay before taxes to cover eligible health care and dependent care expenses. In 2022, employees can contribute up to $2,850 to a cafeteria plan. Most employee benefit plans are covered by the Employee Retirement Income Security Act (ERISA) and must also furnish a summary plan description (SPD).

  1. When in doubt, always seek legal counsel or assistance from the state, federal, or international government resources to make certain your legal interpretation and decisions are correct.
  2. Cafeteria plans are also referred to as Section 125 plans, after the section of the Internal Revenue Code (IRC) that regulates such arrangements.
  3. Before payroll taxes are calculated, employees can select the benefits of their choosing.
  4. Section 125 of the IRC prohibits employers from favoring highly compensated individuals and key employees when it comes to eligibility, benefits and utilization under the plan.

Many dual-purpose items are eligible, such as dietary supplements, orthopedic shoes, prenatal vitamins, and sunscreen.

cafeteria plans are available to employees, their spouses, and dependents. If your employer has one, you should be eligible to enroll when hired or during your employer’s open enrollment period. Cafeteria plans are also called Section 125 plans or flexible benefits plans. It is essential to conduct non-discrimination testing annually to maintain compliance. A benefits administrator with expertise in Cafeteria plans may aid you in performing these tests accurately and efficiently and ensure that your plan remains compliant.

Can employees contribute to an HSA if they have other healthcare coverage?

The money that is subtracted is pre-tax, meaning employees don’t have to pay tax on it. But in most cases, if they don’t use the money set aside before https://adprun.net/ the end of the year, it is forfeited. Because plans are not standard from employee to employee, they can take a lot of time to maintain and administer.

In addition, if you use the dependent care benefit under the Cafeteria Plan, you can also benefit from tax savings when using pre-tax dollars to pay for eligible dependent care expenses. If you have diverse needs for healthcare and other benefits, a Cafeteria Plan offers increased flexibility in making choices tailored to your situation. As an employer, sponsoring a Cafeteria Plan can provide your employees with valuable benefits while offering tax advantages to both parties.

These benefits can be deducted from an employee’s paycheck before taxes are paid. Cafeteria plans are particularly good for participants who have regular expenses that are related to medical issues and child care. The rules for a flexible spending account (FSA) differ slightly from the “use it or lose it” rules that apply to other cafeteria plan benefits.

Plan Administration and Compliance

An SPD is a plain-English version of the main plan document and the adoption agreement, and it is meant to inform employees about the aspects of the cafeteria plan. The plan documents must be updated and amended at least every five years to reflect any applicable plan changes or regulatory updates. The tax savings for employees through the use of pretax dollars to pay for benefits can be substantial. A cafeteria plan – also known as a Section 125 plan, after the portion of the IRS code that regulates the plans – lets employees redirect part of their salaries and wages to pay for certain benefits. Section 125 plans let employees use pre-tax dollars for these benefits, which include health and life insurance.

Types of Cafeteria Plan

With a full flex plan, employers contribute to a separate account for all eligible employees; the employees then use their contributions to choose from various benefits offered. Any portion of a benefit’s cost that exceeds the employer’s contribution can be paid by the employees pre-tax. By funding the plan with pre-tax dollars, it reduces an employee’s taxable income and thus the amount they lose to taxes. (In this respect, it’s similar to a 401(k) or FSA account.) Money directed into the plan is free from federal income tax, as well as Social Security and Medicare (FICA) taxes. The plan passes the eligibility test if all employees, including part-timers, are eligible for the cafeteria plan. If not, the plan can only pass the test if the ratio of lower compensated employees to highly compensated employees who are eligible for the plan meets the Internal Revenue Service standards.

Cafeteria-style plans provide a special exception to federal income tax rules that apply to an employee’s earnings. In a cafeteria-style plan, employees are allowed to select among various nontaxable benefits and cash. A Section 125 plan is part of the IRS code that enables and allows employees to take taxable benefits, such as a cash salary, and convert them into nontaxable benefits.

Group insurance products included in this plan are health, disability, dental, vision, and term life. Because of this, employees and potential employees are examining the benefits companies are offering with a more critical eye than ever before. While they expect traditional benefits like a 401(k) plan and health, life, and disability insurance to be included, they’re also searching for additional money-saving benefits.

A written plan document is mandatory to establish and maintain a Cafeteria Plan. This document contains essential details such as the plan’s eligibility criteria, benefits offered, enrollment process, and contribution limits. The general rule is that HSA funds cannot be used to pay health insurance premiums, though there are exceptions. For example, taxpayers can use HSA funds to pay health insurance premiums while collecting federal or state unemployment, or to pay COBRA continuation coverage premiums. Under cafeteria programs, employees may select both taxable and nontaxable benefits. Benefits that are not subject to taxation include retirement contributions and insurance alternatives.

Funds allocated but not spent by the employee were forfeited at the end of the year. For instance, John forfeited $500 if he only spent $1,500 of the $2,000 he allocated. Changes were made to allow employees to roll over up to $500 of unused funds from one year into the following year. These are just a few of the HR functions accounting firms must provide to stay competitive in the talent game. Quality business communication among all teams is a key factor for the succ… It all starts with having an honest and open relationship with employees and colleagues.

Especially among small employers, a premium-only plan (POP) may seem the perfect way to strike that balance — except for employees who opt out. Some small businesses don’t realize that plan documents are required. Plan documents can be prepared and updated annually by professionals in benefits administration services. The tax code also stipulates that employers offering a cafeteria plan to their employees must include all employees with 1,000 hours or more of service in a plan year.

That’s because the employer doesn’t have to pay the other half of the FICA tax on salary and wages put in a cafeteria plan. Smaller employers may offer these as a cheaper alternative to company-paid employee health coverage. With a cafeteria plan, employees can get tax-advantaged dollars to pay for their own insurance.

SkillDemand Recruitment Marketing Blog_August Round-Up

SkillDemand Recruitment Marketing Blog_August Round-Up

 

COVID-19 landed each and everyone across the world in an unprecedented crisis, and we were grappling for breath. It affected the highly skilled professionals as much as young professionals ready to kickstart their career. This impression further informs of the turbulence businesses navigated through.

Now, guess what is wild? We human beings are programmed to withstand anything by our will power and making the best use of available resources. When COVID-19 challenges us to the survival of the fittest, we see highly skilled professionals and young professionals ready to face them head-on. 

We have been at the hiring-end for over a decade, and we can tell how excited we are to see businesses rapidly adapting to the change in their hiring needs. What we always maintained in terms of desirable employment opportunities for highly skilled professionals and young professionals are now embraced by leading organizations. 

COVID-19, in a way, has validated our hiring vision for organizations where skill has become the new watchword. But has COVID-19 created an opportunity for highly skilled professionals or those young professionals who believe in constant skill development? Let’s discuss the top six areas that are rooting for highly skilled professionals and how you can fit the bill.

https://www.skilldemand.com/6-business-function-skills-for-professionals-to-outsmart-covid-19/


 

If you are in the recruitment industry, you realize how your poor shirt feels inside the washing machine the moment you press START. Lucky you if this is not your experience yet, but businesses worldwide are trying their best to deliver to the new recruitment trends dominating the year 2020.

Until 2019, things were well in order with legacy businesses starting to automate their recruitment processes, work on gender parity, and diversity hiring with a greater focus on employee relationship management, and pay-scale mapping.

Since COVID19 broke into our world, all that practices of 2019 have turned out to be some blowfish that need mindful cooking to make it poison (read: repercussion) free. COVID19 has turbocharged everything by tuning up the anxiety level of the world and challenging businesses to existential crises.

So, in this article, you learn about trending recruitment practices that are not likely to go out-of-focus in the near future.

https://www.skilldemand.com/recruitment-trends-shaping-the-future-of-work-2020-beyond/


 

Work-from-home (WFH) is the new normal for most employees, thanks to the COVID-19 pandemic. While it seems convenient and easy to adopt, one can get easily distracted by their children playing around, annoyed pets, or a simple doorbell. People with existing physical ailments are likely to suffer more because of this new sedentary lifestyle. Overall, WFH has both pros and cons. And in this article, we are trying to think of ideas that will offset the negative as much as possible, making WFH a more pleasant experience for rapid adjustment.

Please note that these suggestions are based on practical experiences. If there’s any health concern and think that conflicts with our advice, please consult with your physician for an alternative. Our objective is to make your work-from-home experience a great one.

https://www.skilldemand.com/6-steps-to-streamline-your-work-from-home-for-success/


As a leading recruitment agency, we often come across clients who are unsure of how to go about the right Recruitment Process Outsourcing (RPO) partner. Yes, it is business as usual; we coach the client, present our success graph, and walk them through the hiring roadmap. We close the deal with new confidence in our clients.

In this article, we will share with you reasons why as a small business, medium, or large, you should outsource hiring to a credible RPO. Now that companies worldwide are operating digitally, finding reliable recruitment service providers isn’t a challenge. The challenge is in determining if these providers are fit for your partnership.

https://www.skilldemand.com/how-to-select-recruitment-process-outsourcing-partner/

 


If you are looking for great articles on Recruitment Marketing, feel free to bookmark our blog!

How to Select Recruitment Process Outsourcing (RPO) Partner

How to Select Recruitment Process Outsourcing (RPO) Partner

As a leading recruitment agency, we often come across clients who are unsure of how to go about the right Recruitment Process Outsourcing (RPO) partner. Yes, it is business as usual; we coach the client, present our success graph, and walk them through the hiring roadmap. We close the deal with new confidence in our clients.  

In this article, we will share with you reasons why as a small business, medium, or large, you should outsource hiring to a credible RPO. Now that companies worldwide are operating digitally, finding reliable recruitment service providers isn’t a challenge. The challenge is in determining if these providers are fit for your partnership.

Preparing for Recruitment Process Outsourcing

There are many reasons for businesses to consider outsourcing their recruitment process. Whether it is a small business or large, managing an entire hiring cycle to building a strong pipeline of candidates is a daunting task. Here, talent acquisition partners and internal stakeholders need to brainstorm on positions and functions they will outsource and the ultimate goal of outsourcing recruitment.

Assessing Hard Cost vs. Soft Cost

The second thing we recommend our potential clients to do before deciding to outsource is to assess their hard costs vs. soft costs. Hard cost is the cost of physical assets of a company’s inventory, the machinery, furniture, equipment, etc. Businesses that do not outsource bear these expenses. Soft costs are the various fees and salaries a company has to pay irrespective of the optimum utility of such investment. Inducting an RPO partner, helps drive cost-efficiency.

Business Compatibility Analysis

As we discussed in the introductory paragraph, it is easy to find recruitment outsource providers because everyone on Google can advertise their services. Every time you look up, a host of top-bidding providers are in front of you. But you need a partner, and therefore it has to be a proper screening set up. So instead of directly approaching RPOs, use a focused platform to have them bid for your position based on experience, service, and responsiveness when it comes time to choose the right company.

Build your Milestones & Metrics

Having clarity of your hiring goals and timelines is necessary. Look into the time- period of your current recruitment process, cycle time metrics, scheduling interviews, background verification process, etc. It is a significant sum of time for organizations with 1000+ employees, and so check with your potential RPO if they can match up robust planning. Also, once there’s a planning, do they have anchors that’ll help you review efficiency on demand. You should have access to their measurements and see how efficiently they deliver on the hiring cycle and conversion rates.

Match Hiring Mindset

Today, culture is a vital factor. You can be a small business, but you know how important it is to have a good office culture that inspires, motivates, and gets the best of your investment naturally; you have great people who are ready to go any miles for you. When you hire an RPO, please ascertain that they are on the same page; they understand cultural diversity, practice equal hiring opportunities, and make no exception to hiring people based on their gender orientation, disability, race, voice, etc. You need great talent to drive home your bottom line.  

Internal Stakeholders Collaboration

Collaboration is the key to any successful partnership. And for this, both buyer and vendor must appoint key stakeholders on their respective sides. Explain to the vendor your governance model and seek the same from the vendor to not be lost when a situation arises. There must be allowed time for your business and frequency at which both parties can debate, talk, ideate, etc. Without a great partnership based on excellent communication, either vendor or buyer may lose each other irrespective of efficiencies.

One Stop for Speciality Hiring

Here’s something interesting and often overlooked aspect in the decision-making process of selecting an RPO. In the initiating step, stakeholders brainstorm on positions and functions to outsource. Now, you have to see if there’s any additional service that your potential RPO can provide, including assistance for a background check, preparing legal documents, banking documentation, special hiring, etc. Check if your potential RPO can provide these services so that you don’t have to go elsewhere. Also, check if they can give post-hire assistance or full-cycle human resource management.

RPO Implementation

All said and done, your potential Recruitment Process Outsourcing (RPO) partner must walk you through their implementation strategy. In this vital process, your partner should have access to full information that concerns your recruitment process. For your RPO to map an implementation process, you must provide them with data and necessary timeline to achieve the goals without any conflict post-signing an agreement between you and your new RPO.

Recruitment Process Outsourcing (RPO) has a standard template, but your need and requirements vary because every organization operates at a different margin. No two businesses operate like identical twins, which means to say that there’s no one-size-fits-all approach. If that’s your standard for selecting an RPO, it may end up against your wishes. 


SkillDemand is an expert in the domain. If you need to consult, connect with us here.

mark-down phrasal verb Definition, pictures, pronunciation and usage notes

GitHub had been using its own variant of Markdown since as early as 2009,[37] which added support for additional formatting such as tables and nesting block content inside list elements, as well as GitHub-specific features such as auto-linking references to commits, issues, usernames, etc. For instance, GFM now requires that the hash symbol that creates a heading be separated from the heading text by a space character. While Markdown is a minimal markup language and is read and edited with a normal text editor, there are specially designed editors that preview the files with styles, which are available for all major platforms. Many general-purpose text and code editors have syntax highlighting plugins for Markdown built into them or available as optional download. Editors may feature a side-by-side preview window or render the code directly in a WYSIWYG fashion.

  1. Many general-purpose text and code editors have syntax highlighting plugins for Markdown built into them or available as optional download.
  2. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘markdown.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
  3. While Markdown is a minimal markup language and is read and edited with a normal text editor, there are specially designed editors that preview the files with styles, which are available for all major platforms.
  4. As Markdown’s popularity grew rapidly, many Markdown implementations appeared, driven mostly by the need for additional features such as tables, footnotes, definition lists,[note 1] and Markdown inside HTML blocks.
  5. The behavior of some of these diverged from the reference implementation, as Markdown was only characterised by an informal specification[16] and a Perl implementation for conversion to HTML.

These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘markdown.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or mark down meaning its editors. The behavior of some of these diverged from the reference implementation, as Markdown was only characterised by an informal specification[16] and a Perl implementation for conversion to HTML.

Markdown

As Markdown’s popularity grew rapidly, many Markdown implementations appeared, driven mostly by the need for additional features such as tables, footnotes, definition lists,[note 1] and Markdown inside HTML blocks. Its key design goal was readability, that the language be readable as-is, without looking like it has been marked up with tags or formatting instructions,[11] unlike text formatted with ‘heavier’ markup languages, such as Rich Text Format (RTF), HTML, or even wikitext (each of which have obvious in-line https://business-accounting.net/ tags and formatting instructions which can make the text more difficult for humans to read). Markdown[11] is a lightweight markup language for creating formatted text using a plain-text editor. John Gruber and Aaron Swartz[3][4] created Markdown in 2004 as a markup language that is intended to be easy to read in its source code form.[11] Markdown is widely used for blogging and instant messaging, and also used elsewhere in online forums, collaborative software, documentation pages, and readme files.

Best Banks for Personal Loans for January 2024 TIME Stamped

PenFed personal loans carry rates from 8.49% to 17.99%, based on your application and credit information. Applicants with higher credit scores can typically snag the lowest rates. What’s more, PenFed also boasts no title or deed requirements, no early payoff penalty and no origination or hidden fees. Although PenFed is located on the East Coast, borrowers will have around-the-clock access to their accounts through the PenFed mobile app.

  • Typically, banks use a number of different factors to determine your interest rate, including your credit score and debt-to-income ratio, which signal the risk of lending to you.
  • That said, to secure the best interest rates, you’ll need to have good to excellent credit (a FICO score of 740 and above).
  • Generally, the longer the term, the more interest will be accrued over time, raising the total cost of the loan for borrowers, but reducing the periodic payments.
  • A personal loan APR includes the interest rate plus any origination fee.

Personal loans are short- and medium-term loans that consumers can receive from banks, credit unions or private lenders like online marketplace lenders and peer-to-peer lenders. The loan funds can be used for just about any purpose, such as paying off other debt, financing a home renovation or paying for family needs, like a wedding or adoption. Once you provide the loan amount, interest rate and term, the loan calculator will estimate your monthly payment and total interest. Here’s how to understand the results of what you entered into the loan calculator.

You can borrow up to $50,000 with terms of up to 60 months, and there are no origination or prepayment penalties. Discover personal loans stand out for their low fee structure, which is ideal for cost-conscious borrowers. Personal loans from Discover don’t have any origination fees or prepayment penalties, so most borrowers only pay interest charges. A personal loan APR of 10% is below the national average and is considered near the average rate offered to borrowers with prime credit (Vantage Score between 661 and 780). However, some lenders offer personal loan rates starting around 4% for qualifying applicants and loan amounts. Typically, credit unions and online lenders offer the lowest personal loan interest rates.

We also explain the benefits and drawbacks of personal loans along with rates and provide information to help decide if a personal loan is the right financial move for you. Shorter loan terms generally require higher monthly payments, but you’ll incur less interest because you minimize the repayment timeline. Longer loan terms may reduce the amount you need to pay each month, but because you’re stretching repayment out, the interest paid will be greater over time. With fair credit, or a score between 580 and 669 on the FICO scale, you’ll likely have difficulty qualifying for low interest rates on a personal loan.

Best Personal Loans From Banks

PenFed is a full-service credit union also offering checking and savings accounts, credit cards, and home loans. You have to be a member to get a loan from PenFed, but it’s open to anyone without membership restrictions. It’s a good idea to apply for mortgage preapproval from at least three lenders. With a preapproval, the lenders verify some of the details of your finances, so both the rates offered and the amount you’re able to borrow will be real numbers. These standardized forms make it easy to compare interest rates as well as lender fees. A loan term is the duration of the loan, given that required minimum payments are made each month.

This offer is conditioned on final approval based on our consideration and verification of financial and non-financial information. Rate, loan amount, and loan terms are subject to change based upon information received in your full inquiry on our site. Closing your loan is contingent on your meeting our eligibility victims of texas winter storms get deadline extensions and other tax relief requirements, our verification of your information, and your agreement to the terms and conditions on the Upstart.com website. If you’ve been thinking about borrowing money and are curious to see what payments would look like before you apply, a loan calculator can be an ideal tool to help you figure this out.

  • You may encounter them in the form of credit cards, car loans, mortgages, personal loans and more.
  • Plus, it’s available in every state except West Virginia and Iowa, so it’s as widely available as many other top lenders.
  • While the membership is free, you’ll need to make a deposit of at least $5 into a new PenFed savings account.
  • Keep in mind that while you might get approved for refinancing through U.S.
  • Although Wells Fargo is available to anyone in the United States, only current Wells Fargo customers will be able to apply online.
  • Use this loan calculator for a simple calculation of your monthly payment along with interest paid on the loan.

Bank funds refinancing loans within one to seven days after approval. The higher the rate of inflation, the higher interest rates will typically trend. Similarly, if inflation is slowing, interest rates tend to drop, too. This is in part because banks anticipate the decreased purchasing power of the interest earned during periods of high inflation. “It’s not uncommon to see a shift in the pattern for interest rates in January, sometimes positive, sometimes not,” said Keith Gumbinger, vice president of mortgage site HSH.com.

BEST FOR EXISTING U.S. BANK CUSTOMERS

Follow the 8 steps in the article below to get approved for the best personal loan for your credit situation. They aim to provide the most up-to-date information to help people navigate the complexities of loans and make the best financial decisions. Our partners cannot pay us to guarantee favorable reviews of their products or services.

Quick funds for all your needs

Payments are applied to both principal and interest, extending the length of the loan and increasing the interest paid over time. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. This may influence which products we write about and where and how the product appears on a page. Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington.

A credit history in good shape can save money by allowing borrowing at lower interest rates. While the average borrower with Avant has a credit score of 600 to 700, it approves some borrowers with credit scores as low as 580, one of the lower credit score thresholds we’ve found. Be aware, however, that borrowers with lower credit scores pay higher interest rates, and the top rates at Avant exceed a 35% annual percentage rate (APR). In addition to personal loans, SoFi offers excellent checking and savings accounts, a cash back credit card with no annual fee, investment accounts, and other types of loans. When you look at an individual lender’s website and see mortgage rates, those are also sample rates.

Pros and Cons of Bank Loans

Consider the range of loan sizes a bank offers and its respective repayment terms. Some prefer borrowers with high credit scores, while others might accommodate those with less-than-perfect credit. Understanding which bank aligns with your credit profile can increase your chances of approval and of securing better terms.

How to calculate amortizing interest on a loan

Total interest paid is calculated by subtracting the loan amount from the total amount paid. This calculation is accurate but not exact to the penny since, in reality, some actual payments may vary by a few cents. The Bankrate loan interest calculator only applies to loans with fixed or simple interest.

Bond: Predetermined Lump Sum Paid at Loan Maturity

The loan that offers both the lowest personal loan rate and terms that fit your financial situation is typically the best one for you. LightStream offers loans with both a low minimum and maximum interest rate, along with a rate-beat program. LightStream’s unsecured personal loans range from $5,000 to $100,000 with loan amounts varying based on the loan purpose. In addition to offering appealing and flexible terms, LightStream charges no origination, late payment or prepayment fees.