News & Tips

for Business Professionals
District Court Rules Against CFPB Authority in ECOA Case

District Court Rules Against CFPB Authority in ECOA Case

The court approved a non-bank mortgage lender’s motion to dismiss a CFPB complaint on the grounds the bureau’s interpretation of how the statute applies in credit decisions; another example of legal pushback against the bureau’s actions. A district court has dismissed an enforcement action from...

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Strategies Businesses Can Use to Retain Employees

Strategies Businesses Can Use to Retain Employees

Competitive compensation, professional development opportunities and flexible schedules are some of the tactics businesses can use to keep their employees. High employee turnover, with the associated drop in productivity and added expense of replacing workers, can hurt a business of any size....

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Do Retention Bonuses Pay Off?

Do Retention Bonuses Pay Off?

The use of retention bonuses — cash payments offered to employees as an incentive to stay on the job through a specified date or upon achievement of a specific milestone — is at an “all-time high,” with almost 60% of organizations making the investment, according to a recent study by World at...

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