by admin | Jul 18, 2022 | Strategies for Employers
Challenge: 529 College Savings Plans provide tax advantages in saving for college. However, many low-wage workers are unable to take advantage of this due to tight budgets. If they could however, this could benefit their family and support long-term economic growth...
by admin | Jul 18, 2022 | Strategies for Employers
Challenge: Often times, in addition to formal training, employers seek individuals who possess actual job experience in the field in which they are hired. In many instances, this type of experience is often obtained through college internships or other means....
by admin | Jul 18, 2022 | Strategies for Employers
Challenge: The workers you need may not be familiar with pathways to advancement in your organization. This may lead some to leave for a modest increase in compensation elsewhere. If they knew their future potential, however, they may stay. Strategies: Increasingly,...
by admin | Jul 18, 2022 | Strategies for Employers
Challenge: As employers seek to hire new staff, they often request the salary history of those being considered for hire. Unfortunately for some candidates, this information is at best sketchy, and for some, non-existent. Strategies: Employers should shift the focus...
by admin | Jul 18, 2022 | Strategies for Employers
Challenge: The Earned Income Tax Credit can support a low-wage worker’s financial security but many are unaware of it or unsure how to apply. Strategies: Direct your workers to free tax preparation services via the NC Department of Revenue’s NCFreeFile page, which...