Workforce

The workforce is evolving, with a noticeable demographic shift toward an aging population. Businesses must recognize the value of these experienced workers as life expectancy rises and people remain active in their careers longer.

Adapting company practices to support and retain older employees is a strategic move that enhances productivity and ensures valuable knowledge stays within the company. Fostering an inclusive environment where older workers feel valued enables businesses to reduce turnover, maintain a diverse and skilled workforce and thrive in a competitive market.

Tech businesses and employees should have retirement account options that fit their needs. While they could stick with the traditional 401(k) plan, many other types offer more significant tax benefits and fewer restrictions.

Why Does the Tech Industry Need Special Accounts?

Tech workers’ incomes hit a record high in 2021. The average salary reached over $104,500, with many jobs seeing more than 10%-20% growth in earnings from 2020. Even though this increase is fantastic, it made some of the most popular retirement plans inaccessible.

Technology increases at such a rapid rate that it’s difficult to stay on top of new devices and changes in the industry. However, there are some tech gadgets that benefit your employees and help improve the way you run your business. 

On the heels of its artificial intelligence (AI), Metaverse and interactive 3D virtual employee training and simulation deployments, global leadership development and training company Fierce, Inc. is again changing the way people communicate with each other. This time via the visionary company’s new “Pulse” app poised to refine—and redefine—workplace culture, while also notably boosting bottom lines. With the ability to demonstrate double-digit reductions in stress and anxiety, as well as improved resilience levels, Pulse is designed to address the stressors today’s pressure-laden business climate is causing on industry’s collective staff psyche.

Does your tech company need to establish a STEM scholarship program?

A scholarship fund has numerous benefits for your organization and students in need. First, it’s tax-deductible, which allows your business to save money during tax time. Just be sure you’re eligible by following the IRS guidelines, requiring you to work with an organization to help award the scholarship. Furthermore, it shows that your company is forwarding social responsibility — which is excellent for your brand’s reputation and business growth. 

So my 15 minutes of fame for 2021 has already happened. I was interviewed by Dakota News Now at the end of 2020 which aired on KSFY and KDLT the first day of this year. 

My son asked me why the local news was doing the interview. The short answer, I'm getting old.

Workplace injuries are bound to happen from time to time, even in the most controlled of circumstances. The problem caused by these injuries can be seen from many different perspectives, yet, it always ends up unfavorably for the employee. First of all, it causes physical harm that’s hard to compensate materially, it may prevent one from performing their duties, which further puts one in a bad spot. Finally, it may cause some emotional trauma, which shouldn’t be downplayed in significance. Nevertheless, the repercussions for an employer may be quite bad, as well.

So, you are a successful business person, you really like your job, and everything is going just peachy. However, it is perfectly natural for times to come when too many projects fall into your lap, things at the office go awry, or you have to deal with a personal issue that is hindering your work performance. This is when you’ll probably ask yourself a lot of questions, but the main one that you should be asking yourself is “Ok, what do I do now?”

As everyone tends to fall on black days, there is a whole bunch of advice that you should adhere to in order to save yourself from burning out from all that overwhelming stress that is just piling up. Here are some things that you should try out.

What do shooting a gun, playing quarterback, golf and leadership all have in common? We will answer that at the end but you’ll likely figure it out pretty quickly. Here’s a hint, it has to do with fundamentals and properly applying them.

So, lets dive right in and get to the answer!