Employee retention

The Moral Hazard of Working with an "Employee Retention Credit Mill"

Retrieved on:

Tuesday, July 11, 2023

EZ-ERC , a boutique tax advisory firm, previously released an article outlining the 6 major risks of working with an inexperienced ERC advisor.

Key Points:

EZ-ERC , a boutique tax advisory firm, previously released an article outlining the 6 major risks of working with an inexperienced ERC advisor.
In their latest release, EZ-ERC's Managing Directors examine why ERC mills are incentivized to lead their clients into indefensible ERC positions.
The term "ERC mill" refers to companies offering ERC advisory services even though they do not directly employ the requisite CPAs or attorneys to provide such services.
Some ERC mills even promise to assist their clients in the event of an IRS audit, despite having no experience representing clients before the IRS.

Costar Technologies, Inc. Announces Financial Results For the Third Quarter Ended September 30, 2022

Retrieved on:

Tuesday, November 15, 2022

Table, GAAP, Independent Accountability Panel, EBITDA, Tax, OTC Markets Group, Acquisition, Income, Employee retention, Depreciation, Mission statement, Company, PPP, The Company, Quarter, Renewable energy, Video game, Bank

COPPELL, Texas, Nov. 14, 2022 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the third quarter ended September 30, 2022.

Key Points:

COPPELL, Texas, Nov. 14, 2022 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the third quarter ended September 30, 2022.
Financial Results for the Quarter Ended September 30, 2022
Revenues of $16,365, a 29.4% increase compared to the third quarter of 2021.
Operating expenses were up 3.3% to $4,290, compared to $4,152 in the third quarter of 2021.
Adjusted earnings of $1,002, or $0.60 per diluted share, compared to $641, or $0.39 per diluted share, for the quarter ended September 30, 2021.

Jefferson County Public Schools Expands Partnership with Upbeat Districtwide to Support Strategic Teacher Retention Goals

Retrieved on:

Wednesday, November 2, 2022

Jefferson County Public Schools, Growth, Culture, Jefferson County Public Schools (Kentucky), Accelerated Reader, School, Leadership, Partnership, Research, Program, AIS, Upbeat (TV program), JCPS, Employee retention, CSI, Beat (music), Tutoring

LOUISVILLE, Ky., Nov. 2, 2022 /PRNewswire-PRWeb/ -- Jefferson County Public Schools (JCPS) announced their expanded partnership across 152 schools with Upbeat, an innovative teacher retention organization led by former teachers and school leaders. The district began working with Upbeat in fall 2020, focused on improving retention in 18 of the district's Accelerated Improvement Schools. Since the beginning of the partnership, teacher retention has grown 12.7% across the AIS (CSI) schools, identified by the district through the Kentucky Accountability System.

Key Points:

Jefferson County Public Schools announced their expanded partnership across 152 schools with Upbeat, an innovative teacher retention organization led by former teachers and school leaders.
LOUISVILLE, Ky., Nov. 2, 2022 /PRNewswire-PRWeb/ -- Jefferson County Public Schools (JCPS) announced their expanded partnership across 152 schools with Upbeat, an innovative teacher retention organization led by former teachers and school leaders.
The district began working with Upbeat in fall 2020, focused on improving retention in 18 of the district's Accelerated Improvement Schools.
Since the beginning of the partnership, teacher retention has grown 12.7% across the AIS (CSI) schools, identified by the district through the Kentucky Accountability System.

Costar Technologies, Inc. Announces Financial Results For the Second Quarter Ended June 30, 2022

Retrieved on:

Tuesday, August 16, 2022

Costar, Table, Growth, Employee retention, The Company, Income, EBITDA, Company, Mission statement, Acquisition, Depreciation, Tax, GAAP, PPP, Independent Accountability Panel, OTC Markets Group, Lithium, Bank, Video game

COPPELL, Texas, Aug. 15, 2022 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the second quarter ended June 30, 2022.

Key Points:

COPPELL, Texas, Aug. 15, 2022 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the second quarter ended June 30, 2022.
Financial Results for the Quarter Ended June 30, 2022
Revenues of $12,393, a 15.8% decrease compared to the second quarter of 2021.
Operating expenses were down 9.9% to $4,159, compared to $4,615 in the second quarter of 2021.
Despite inflationary pressures we managed controllable costs, reducing operating expenses a quarter of million dollars compared to the first quarter.

MP Helps Hundreds of Organizations Claim Pandemic Aid

Retrieved on:

Monday, January 31, 2022

CEO, Duke Diet and Fitness Center, IRS, Organization, Workload, Employee retention, COVID, Program, HCM, VP, ERC, Record, ERCS, Insurance, Television, MP

BEVERLY, Mass., Jan. 31, 2022 /PRNewswire/ -- MP, a human capital management (HCM) company focused on transforming the employer-employee relationship and experience, has been assisting hundreds of businesses and nonprofits in claiming significant pandemic financial aid.

Key Points:

BEVERLY, Mass., Jan. 31, 2022 /PRNewswire/ -- MP, a human capital management (HCM) company focused on transforming the employer-employee relationship and experience, has been assisting hundreds of businesses and nonprofits in claiming significant pandemic financial aid.
MP has helped numerous clients claim their maximum Employee Retention Credit (ERC), a refundable, advanceable tax credit, since the program's inception in 2020.
Some clients have been able to claim ERCs of over one million or two million dollars.
"We're proud to help so many organizations survive the pandemic via the ERC program," said Jason Maxwell, Founder and CEO of MP.

Costar Technologies, Inc. Announces Financial Results For the Third Quarter Ended September 30, 2021

Retrieved on:

Tuesday, November 16, 2021

Mission statement, The Company, Tax, Quarter, Employee retention, Costar, Depreciation, OTC Markets Group, Table, Asset, Policy, EBITDA, Interim, Acquisition, Company, GAAP, PPP, Bank

COPPELL, Texas, Nov. 15, 2021 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the third quarter ended September 30, 2021.

Key Points:

COPPELL, Texas, Nov. 15, 2021 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the third quarter ended September 30, 2021.
Financial Results for the Quarter Ended September 30, 2021
Revenues of $12,646, a 19.6% decrease compared to the third quarter of 2020.
Operating expenses, excluding a third quarter 2020 impairment loss of $939, were down 18.0% to $4,152, compared to $5,062 in the third quarter of 2020.
Adjusted earnings of ($237), or ($0.14) per diluted share, compared to $372, or $0.23 per diluted share, for the quarter ended September 30, 2020.

Costar Technologies, Inc. Announces Financial Results For the Second Quarter Ended June 30, 2021

Retrieved on:

Friday, August 13, 2021

COPPELL, Texas, Aug. 12, 2021 /PRNewswire/ --Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the second quarter ended June 30, 2021.

Key Points:

COPPELL, Texas, Aug. 12, 2021 /PRNewswire/ --Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the second quarter ended June 30, 2021.
Financial Results for the Quarter Ended June 30, 2021
Revenues of $14,717, a 0.5% increase compared to the second quarter of 2020.
Operating expenses, excluding second quarter 2020 restructuring costs of $635, were down 13.3% to $4,615, compared to $5,321 in the second quarter of 2020.
Scott Switzer, the Company's Interim Chief Executive Officer stated, "The second quarter of 2021 presented a recovering but difficult global business environment.

Feedback from New Hires Shows They Want More Information About the Job and Their Career Path During the Hiring Process

Retrieved on:

Thursday, July 22, 2021

Labor, Human resource management, Employment, Human behavior, Industrial and organizational psychology, Employee relations, Recruitment, Workplace, Onboarding, Employee engagement, Talent management, Employee retention

"Automating the collection of confidential feedback from new employees on their perception of the hiring process can help organizations optimize their recruiting programs and cut down on a key risk area for employee turnover -- the critical first few months to a year," said Ray Bixler, President and CEO of SkillSurvey.

Key Points:

The new hires started jobs with one of 26 employers across 14 different industries and represented a cross section of job levels ranging from entry-level/hourly to more advanced positions.
They provided feedback on hiring experience surveys 9 days (on average) following their hire dates.
Organizations can optimize talent management across the employee journey utilizing feedback from new hires, existing employees, and managers to drive long-term success.
In addition to surveying the hiring experience, employers can measure onboarding experiences, ongoing employee engagement, and exit feedback.

National MI Certified as a Great Place to Work for Sixth Consecutive Year

Retrieved on:

Thursday, July 15, 2021

Articles, Industrial and organizational psychology, Labor, Human resource management, Human behavior, Employee relations, 100 Best Companies to Work For, Fortune, Employee retention, Organizational culture, Leadership

Great Placeto Work is a global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

Key Points:

Great Placeto Work is a global authority on workplace culture, employee experience and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
It partners with FORTUNE to produce the annual FORTUNE "100 Best Companies to Work For list, as well as lists in several other categories.
Were delighted to once again be certified as a Great Place to Work, said Claudia Merkle, CEO of National MI.
The Great Placeto Work recognition is primarily based on feedback from National MIs employees.

Leading Global ABM Platform Madison Logic Earns 2021 Great Place to Work Certification™

Retrieved on:

Wednesday, July 14, 2021

Human resource management, Labor, Articles, Employment, Industrial and organizational psychology, Employee relations, Employee retention, Workplace, Organizational culture

NEW YORK, July 14, 2021 /PRNewswire/ -- Madison Logic , the leading global Account Based Marketing (ABM) platform, today announced that it has received a 2021 Great Place to Work Certification.

Key Points:

NEW YORK, July 14, 2021 /PRNewswire/ -- Madison Logic , the leading global Account Based Marketing (ABM) platform, today announced that it has received a 2021 Great Place to Work Certification.
At Madison Logic, 87% of employees named the company as a great place to work, 47% higher than the national average of a typical U.S. based company.
Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
"Great Place to Work Certification isn't something that comes easily - it takes ongoing dedication to the employee experience," saidSarah Lewis-Kulin, vice president of global recognition at Great Place to Work.