Author: Brian Wallace

In recent years, financial pressures have mounted with many consumers. Since 2014, the share of consumer debt has changed drastically. The share of debt for auto loans and leases increased by 14.7% from 31.3% to 35.9%. During the same timeframe, credit cards grew from 21.8% to 23.9%, or by 9.6%. With the amount of debt increasing, it’s no surprise that the total outstanding balances for auto loans and leases grew to $1.7 trillion, which is 2.3% more than last year. Part of this can likely be attributed to the quality of auto financing agreements and the underlying assets. Auto Industry…

Corporate social responsibility (CSR) is not just an assignment for businesses, but it is a must have business operation. It cultivates a sense of shared duty that goes beyond the four walls of the corporate industry. Further, it is a healthy initiative with a positive intent to uphold the ethical standards and values of your company. It raises awareness of some pressing social issues and ensures that your volunteers build a positive impact. However, you need volunteer management software integrated into your CSR for better measures of your campaign. This article will explore how integrating volunteer management software into CSR…

Especially in recent years, as climate change has become a highly debated and discussed topic, it is now more important than ever to take care of the environment. In these efforts, trees and the threats to them are important factors to consider, as these mighty plants can be found all across the United States. A census conducted by the USDA Forest Service found that there are nearly 300 billion trees in the United States, each one playing a critical role in the nation’s ecosystem. Research has shown that although there are trees in all 50 U.S. states, the highest percentage…

The United States has recently passed new legislation that has legalized many drugs across the states, namely marijuana. With over 20 states legalizing it for recreational use and nearly 40 states for medical use, this change has been a catalyst for drug related problems to arise. Although drug legalization has liberated many users, the new changes have prompted a need for drug testing laws to become stricter, specifically employment drug testing laws. Although there were over 500 bills related to drug testing introduced last year, research still shows that positive marijuana tests could have serious safety implications for vulnerable workers.…

Whether you needed to cover your car or wanted to get help paying for medical costs, you’ve likely had a need for insurance at some point. However, when it comes to being a business, business functions a bit differently. When a business gets commercial insurance such as general liability or worker’s compensation, the premium is based on the best estimate of how your business will perform in the following year. Since estimations are scarcely perfectly accurate, this means that at the expiration of the policy there is usually a policy audit. When you overpay based on an estimate, you receive…

If you’re an IT professional, it’s safe to say artificial intelligence or AI has influenced at least 1 aspect of your job in the past few years. As the influence of AI continues to spread, so too does the demand for people who know how to effectively utilize it. In fact, as many as 66% of IT leaders simply would not hire someone if they didn’t have any AI skills. However, supply cannot keep up with demand in this case. In fact, there’s a wide 50% hiring gap in AI jobs and AI job roles. The Rise of AI Prompt…

Many industries are experiencing a rising reliance on technology, including automotive, banking, healthcare, and architecture. As a result, one of the fastest-growing occupations in the world is software development. Software developer jobs are in high demand in the United States, especially in Texas, New York, Virginia, Illinois, and Florida. The number of software development jobs in New York alone has increased by 20% annually. The Rise of Software Development Jobs The growing demand of these jobs, paired with the rising availability of various educational pathways has made it easier than ever to enter into the software development industry. Many prospective…

If you’ve been a recurring patient at hospitals or someone who works for a healthcare provider, chances are you’re familiar with the term ‘prior authorization’ (PA). Prior authorizations are just the process of asking a health insurance payer for consent to perform a specific healthcare service so that the provider may bill the insurance company. Unfortunately, these prior authorizations can usually be a very time-consuming process. The Rise of Prior Authorization Systems For every PA request, it’s estimated that $11 and 20 minutes are wasted by healthcare providers. For this reason, 93% of physicians say that prior authorizations cause a…

A growing number of human resources (HR) professionals are using HR technology to efficiently streamline recruitment processes and business development, and the reasons are clear. HR tech is used by businesses to simplify the process of recruiting, hiring, and training employees. Businesses and HR professionals have acknowledged that HR tech positively impacts their overall experience, business success, and recruitment processes. A wide range of HR tech currently exists and continues to improve, although you can outsource the HR processes. Further, these include employee referral software, performance management software, applicant tracking systems, workflow automation systems, candidate relationship management software, and talent marketplace…

The world around us is continuously evolving at a rapid pace. The speed of evolution cannot be slowed, forcing modern industries to keep up. To remain successful in this environment, the modern workforce must learn to adapt to today’s demands. To make this happen, many businesses are turning to learning and development initiatives. The Rise of Skills Based Training Implementing custom skills based training learning and development programs in the workplace can be key to remaining relevant. These trainings offer several benefits, from expanding employee skills and knowledge bases, to improving bottom-line profits. In fact, studies show that 76% of…