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Employers can shorten their recruitment cycle, find great employees, and legally and ethically hire employees if they follow these ten steps. Identify the Need for the Position The first step in any hiring process is to determine whether the position is, in fact, needed in your company. There are a few ways to help you decide. If this is for a sales position, cross-check sales per employee. You may also look at whether the team’s workload merits a new hire....

Let’s walk through the history of credit cards to better appreciate this convenient, and even rewarding, form of payment. Early Forms of Credit People have engaged in credit-like transactions for thousands of years. For example, merchants would give farmers seeds so long as repayment would come following the harvest. One of the earliest written examples of a credit system can be found in the Code of Hammurabi, a set of laws named after the ruler of Babylon from 1792 to 1750 B....

Compound interest can play a big part in determining how much your retirement savings can add up to over time. The sooner you get started saving with a Roth IRA, the more opportunity your money has to grow through the power of compounding. The Rules for Roth IRAs A Roth IRA is a retirement account funded with after-tax dollars. It allows for qualified tax-free distributions. The Internal Revenue Service (IRS) establishes specific rules for Roth IRAs, including those for contributions and withdrawals....

Sources of interest income include the money you put aside in a bank or money market account, as well as on a few not-so-obvious sources: bonds, loans you made to others if the interest you charged exceeded $600 for the year, and even that minuscule amount that your home lease security deposit brought in. Is There Any Interest That’s Not Taxable? Interest on U.S. Treasury bonds and savings bonds is taxable on your federal return, but it’s usually tax-free at the state level....

For example, a young man who is a new driver gets caught on his cellphone while driving. Getting points added to his license when his insurance premium is already high can make owning a car financially challenging. In addition, having violations on your record will prevent you from qualifying for future safe-driver discounts or, even worse, it can cause an auto insurer to drop you completely. Plus, if you reach a certain number of points within a set period of time, you can have your license suspended....

However, not everyone can qualify for mortgage refinancing. Among several requirements, you often must have at least 20% equity in your home. Learn more about the home equity requirements for refinancing your mortgage, as well as other key criteria. Home Equity and LTV Home equity is the appraised value of your home subtracted by the amount you still owe on your mortgage and any other home loans, such as a home equity loan or home equity line of credit (HELOC)....

The cost of dental services without insurance can be significant. However, depending on your anticipated needs and the type of dental plan you choose, it’s important to determine which type of coverage is best for you. Here’s what you need to know about the price of dental coverage, including various dental insurance costs, the factors that influence them, and what paying them typically gets you. Dental Insurance Costs While there’s no way to know exactly what you’ll spend on dental insurance in a given year, there are ways to estimate it....

To help you understand the potential costs, we’ll go through the different Medicare components and look at how much of each one’s costs you’ll be expected to cover yourself. We’ll also discuss whether these Medicare expenses come out of your Social Security check, or if you can pay for this coverage in a different way. Who Is Eligible for Medicare? Medicare is a social insurance program available to U.S. citizens and permanent residents 65 years of age or older....

When you’re shopping for business insurance, one of the first questions you’re likely to ask is, how much will it cost? While many factors affect the cost of insurance, you can estimate the amount you’ll pay using pricing data that’s available online. Why You Need Small Business Insurance Businesses need insurance to help cover the costs of losses caused by unexpected events like windstorms, auto accidents, and slip-and-fallincidents. Some events can cause physical damage to company-owned property while others can lead to costly lawsuits against the business....

How Anti-Trust Laws Affect Real Estate Commissions Anti-trust laws prohibit collaboration among competitors to set certain prices. For example, the Sherman Act and the Clayton Act are two types of anti-trust laws. The government entities that investigate such claims are the Federal Trade Commission and the Antitrust Division of the U. S. Department of Justice. You might go to real estate websites and portals and read questions and answers about standard real estate commissions....

Interviewers will approach this problem in one of two ways. They might ask you to reflect on what you think are the most challenging aspects of the job. Or they might ask the opposite question: “Which part of this job would you find to be the least challenging?” Before you arrive for your interview, you should think about how you will answer the “most” and “least” questions that you may hear....

For 15-year fixed-rate mortgages, the average rate jumped to 4.25% from 3.3% a year ago, and 5/1 adjustable-rate mortgages increased from 3.32% to 4.12% year-over-year. How Mortgage Rates Impact Affordability Though rates were still lower than their pre-recession levels, some homebuyers were at risk of being pushed out of the market. Mortgage rates can make or break a home’s affordability. Using a hypothetical example, let’s say a potential homebuyer wanted to purchase a home around this time in 2017....

Factors To Consider When Setting a Product Price There are many factors a business owner should consider when pricing a product using markup and breakeven analysis. These three may be the most important: The cost of productionThe market demand for the productThe desired markup by the business owner The Cost of Production Fixed and variable costs determine the price of a business’ product. Fixed costs include items such as your overhead including rent for your office or manufacturing space....

Elements of a Resume for a College Application Your resume should give undergraduate admissions committees a brief rundown of your grades, past jobs, awards, leadership activities and presentation skills, and creative capabilities like music, art, writing, or interpersonal skills. The purpose of the resume is to demonstrate that you have what it takes to succeed academically and socially at the college. To that end, the resume should usually include the following items to paint a complete picture of you: Heading: Include all your personal information, including your name, address, phone number, and email address....

Are These Gifts, Awards, or Bonuses Taxable to the Employees? Most gifts to employees are taxable to them. If they are taxable income to the employee, you must withhold federal, state, and local income taxes and deduct the employee’s share of FICA taxes (Social Security and Medicare taxes). You must also pay unemployment tax on these amounts. You’ll need to report taxable payments to employees on Form 941, the quarterly payroll tax report to the IRS, and Form W-2, the annual income tax report for employees and the Social Security Administration....

Disagreement Is Easier in a Participative Work Culture That said, disagreeing with your boss is much easier if your organization’s work culture supports divergent opinions and points of view. In these kinds of organizations, involved, engaged employees are encouraged to offer their opinions and ideas because the organization wants to take advantage of employees’ talents, skills, and experience. How to Prepare for Disagreement With Your Manager How you approach disagreement is critical when you want to disagree with your manager....

While some companies charge fees for access to your credit information, you don’t have to break the bank to check your credit regularly. In fact, there are a number of free ways to check your credit report and your credit score, as well as some ways to get free credit monitoring. However, you’ll want to watch out for scams before you sign up for anything. Free Credit Reports Federal law requires that credit reporting agencies provide a free credit report to consumers once per year....

When Property Taxes Can Bite Property taxes are a part of life, but they don’t always have to be a problem. Many homeowners choose to have a mortgage escrow account into which they pay for their property tax and homeowners insurance in monthly installments. This means they’re never faced with a large lump-sum tax bill. However, your property taxes can still go up regularly, when your property is reassessed—even if your income is not moving in the same direction....

Let’s discuss the nuts and bolts of how to make money on eBay, optimize your listing, and set yourself up for success. Create an Account Before listing any goods, you must have an account with eBay to sell goods. Consider whether you need a personal account or a business account. Although the decision is ultimately up to you, you should consider operating with a business account if: If you’re not sure whether you need a business account or a personal account, you can always switch after your account has been created....

3 Ways to Order There are three ways for you to order your official free annual credit report. Online: Visit www.annualcreditreport.com. Click on “Request Free Credit Reports.” Follow the steps to complete your request. If you are suspicious about a link to the legitimate annual credit report website, type the address directly into your web browser. Just make sure you don’t misspell the address, or you could end up on an illegitimate site....