Cost of Employee Turnover The Advisor COST OF EMPLOYEE TURNOVER by William G. Bliss The following is a comprehensive checklist of items to include when calculating the cost of turnover in any organization. It should be noted that the costs of time and lost productivity are no less important or real than the costs associated with paying cash to vendors for services such as advertising or temporary staff. These calculations will easily reach 150% of the employees annual compensation figure. To put this into perspective, let's assume the average salary of employees in a given company is $50,000 per year. Do you know any CEO who would not want to add $7.5 million to their revenue? Here is the list: Costs Due to a Person Leaving Calculate the cost of the person(s) who fills in while the position is vacant. Recruitment Costs Training Costs Calculate the cost of orientation in terms of the new person's salary and the cost of the person who conducts the orientation. Lost Productivity Costs New Hire Costs Lost Sales Costs
Business Transition Annual Filings for Tax-Exempt Charitable Organizations Annual Federal Filing Requirements Almost all nonprofits have an obligation to file an annual return with the IRS - even those that are so small that they are not required to apply to the IRS for recognition as tax-exempt (such as those that normally do not have more than $5,000 in annual gross receipts), as well as organizations exempt under other Code Sections, such as 501(c)(4). (Of course, there are some exceptions.) Annual IRS returns are known as the "990 series" because there are several forms that use the number 990, including Form 990, Form 990-EZ, Form 990-N, Form 990-PF, for private foundations, and 990-T, used to report unrelated business income. Guidance for small nonprofits (with annual gross receipts under $50,000): Your nonprofit must file Form 990-N, Electronic Notice (known as the "e-Postcard") for Tax-Exempt Organizations not Required To File Form 990 or 990-EZ. The ePostcard is easy to complete. Practice Pointer: Should the board review the annual report to the IRS?
Incentive Marketing Association Incentive Market Study, October 2013 The October 2013 Incentive Market Study by the Incentive Federation confirms that the non-cash incentives market is thriving with 74 percent of U.S. businesses spending $76.9 billion annually on incentive travel, merchandise and gift cards. Read the complete study. Establishing a "Systems Framework” to ensure all critical variables required to drive performance have been exposed Connecting people to the plan requires a systematic approach when designing Incentive programs. 2014 Circle of Excellence and Recognition Award Recipients to be Honored at IMA Summit in Philadelphia – Submissions Due May 15th This year, IMA's major awards will be presented at the Executive Summit, scheduled July 27 - 29 in Philadelphia, Pennsylvania. George Delta, Esq. On January 15, 2014, outgoing 2013 IMA President Mike Arvelo CPIM announced George Delta, Esq. as the recipient of the 2013 President’s Award.
Development Marketplace | Turning Ideas into Action Thirty-five organizations will be awarded $800,000 by the Egypt Development Marketplace (DM) funded by The World Bank Group (WBG) and its local and international partners. Each of the grantees will receive $25,000 to scale up their business model that would generate employment in the agriculture and handicraft sectors. Winning organizations will beshowcased at a DM sponsored event. A number of financial institutions, social entrepreneurs, investors, development organizations, and government officials will also participate in the event to bring attention to organizations implementing innovative solutions to unemployment in the country. Overwhelming response to “Call for Proposal” The call for proposals was launched in November and closed in January. From its conception, the Egypt DM has been designed to surface and build the skills of organizations creating jobs in the country, primarily in the poorest areas with an emphasis on Upper Egypt.
Ethics and Accountability in the Nonprofit Sector America’s charitable nonprofits rely on the public trust to do their work. That is why it is so important that charitable nonprofits continuously earn the public’s trust through their commitment to ethical principles. If only one donor loses confidence in a charitable nonprofit because the nonprofit behaves unethically, that’s one too many. That’s why the National Council of Nonprofits is taking this opportunity to showcase excellent resources that charitable nonprofits can use to demonstrate the core values of accountability and transparency. What demonstrates accountability and transparency in a charitable nonprofit? Accountability starts with a written conflict of interest policy.Transparency starts with the information a charitable nonprofit posts on its website. Does your nonprofit have a "code of ethics?" The Council of Nonprofits encourages all nonprofits to craft an appropriate "statement of values" or "code of ethics" for your nonprofit. Resources: The ethics of confidentiality
The Incentive Research Foundation :: Home Accelerated Delivery Platform - Accelerated Delivery Platform Being Smart at agile At Capgemini The Netherlands we’ve developed an agile software development platform that captures and combines a large number of best practices into a high-speed high-quality software factory. This platform is called the Accelerated Delivery Platform (ADP). It is targeted at increasing both productivity and quality of software development at Capgemini and its customers mainly in Java and .NET, but it will encapsulate more technology as we go along, such as SharePoint and business intelligence. All of the best practices, tools and techniques are used and shared by a growing number of organizations, including our (community) open code generators and frameworks.