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5 Traits Found in Resilient Producers

By Pinion Editorial | July 26, 2024
Reading Time: 5 minutes
What keeps a farmer in business through droughts, rising costs, falling prices and other invisible struggles? What helps you weather through? “As an Ag marketing and risk management advisor who’s been around the block (more than a few dozen times), I’ve had the benefit of having had thousands of honest conversations …

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Update on the Federal Minimum Increase for Exempt Workers

By Pinion Editorial | July 24, 2024
Reading Time: 2 minutes
Beginning July 1, 2024, the Department of Labor (DOL) enforced a new rule requiring employers to meet a higher salary threshold to classify employees as exempt. Legal Challenges Against the Rule A Win for Texas: A recent court order has exempted Texas from complying with the new federal minimum salary threshold …

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Got Nexus? How State Compliance is Impacting Food and Beverage Commerce

By Pinion Editorial | June 21, 2024
Reading Time: 3 minutes
There’s a critical aspect of commerce that food and beverage owners and operators cannot afford to overlook: state tax nexus. Understanding tax nexus is essential to ensure compliance and avoid costly penalties.  “Compliance with state tax nexus laws isn’t just a corporate responsibility — it’s a personal one,” advises Karli …

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5 Tips to Refresh Your HR Practices

By Pinion Editorial | June 4, 2024
Reading Time: 2 minutes
Human resources professionals play a pivotal role in establishing a company’s culture. Not only by implementing policies and practices that reflect the organization’s core values but also through strategic recruitment, employee engagement programs, and fostering a supportive work environment. HR sets the foundational tone that influences the overall workplace atmosphere. …

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Navigating AI In Finance

By Pinion Editorial | June 4, 2024
Reading Time: 3 minutes
Artificial intelligence is transforming many industries, including banking and finance. Per a 2023 McKinsey global banking report, it’s estimated AI could enhance the banking sector’s productivity by up to 5% and help reduce operating expenditures by up to $300 billion. Integrating AI in the financial sector has changed how institutions …

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Beneficial Ownership Changes: What Does it Mean for Your Institution?

By Pinion Editorial | June 4, 2024
Reading Time: 2 minutes
While beneficial ownership rules have not changed for financial institutions in 2024, there was a change for the legal entity customers you serve. Here is what you need to know to help your clients through the new beneficial ownership rules. Beneficial Ownership Requirements for Financial Institutions Written procedures must be …

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