The holiday season is often thought to be the happiest time of the year. Unfortunately, during the holidays, many criminals see the hustle and bustle of the season as an opportunity to trick you into unknowingly providing your bank account information and/or personal data. To ensure you don’t let bad actors ruin your holiday fun, First Bank is providing six tips to keep in mind this season.
For family and privately-held businesses, wealth generation is woven throughout their prosperity, legacy, and future. Recent insights reveal that for many of these businesses, not only does the pursuit of financial wealth define achievement, but also their legacy building. Let’s explore the strategies and considerations that support the continued growth of wealth within family businesses, while also exploring its significance to the family.
Ed Hart sat down with the Director of the Global Family Business Institute at the
Claremont University Drucker School of Management, Dave Specht. Enjoy this conversation between two family business experts and leaders in the field.
The article, “Research Reveals Claw-Back Bonus Schemes Can Lead to Big Losses,” debates the pros and cons of “loss-framed” bonuses, or those pre-paid to sales teams and then “clawed back” if targets aren’t met.
The article, “Sharing Leads to Caring: Personal Details Help Cement Coworker Relationships” shares the surprising findings from a recent study published in Organization Science on the macro view of learning personal information about colleagues.
The article, “Ready to Mentor a Senior Colleague? A Roadmap for Reverse Mentoring” discusses what reverse mentoring is as well as the pros and cons of mentoring colleagues in senior leadership roles.
Being able to send your child to college is near the top of the wish list for most parents. But, that diploma doesn't come cheap. The best thing to do is to start saving as early as possible, even if you're able to save only a small amount at first. Read more about college savings strategies.