2.16.24

Friday Five Business Briefing – February 16, 2024

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Here’s news you can use in a constantly changing business environment, including unexpected job gains, how employers can help those repaying student loans save for retirement, what human resources leaders can learn from Taylor Swift and more.

  1. New year brings jobs gains — A better-than-expected 353,000 jobs were added to the U.S. economy in January. Plus, unemployment held steady at 3.7% for the third straight month. Get more January economic stats, including labor force participation and wage growth.
  2. Help workers pay off student loans — The Secure 2.0 Act allows employers to match employee’s student loan payments with contributions to their 401(k), 403(b) or other retirement accounts. See how three major employers are putting the match plan to work.
  1. Too territorial? Leaders who become territorial and overprotective of their teams, client relationships and resources can hinder progress and success. Learn how to become more collaborative when your impulse is to be territorial.
  1. HR lessons from Taylor Swift — One thing Tay does exceptionally well is making stakeholders feel heard. Read about two more lessons from Swift that HR leaders can use to build brand, image and reputation.
  1. Strategic slowness — Key times to take a slower approach include when you make big, irreversible decisions and when doing creative work. Discover six more times to practice strategic slowness.

Thank you to our Friday Five sources: Corp!, CNBC, Harvard Business Review, HR Executive and Inc.

 

All loans subject to approval. Rates, terms, and conditions are subject to change and may vary based on credit worthiness, qualifications, and collateral conditions. Federally insured by NCUA

Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers.

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