Posts Tagged ‘employee’

Banks See Slower Loan Growth, Higher Charge-Offs

Posted on June 12, 2017 by Laura Lam

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded robust earnings for the period.  Total loans and leases fell by $8.1 billion, or 0.1% year-over-year, in the 3 months ended March 31, led by credit card loans, which posted a seasonal decline of $43.7 billion, or 5.5%. In its Quarterly Banking Profile, the FDIC attributed the decline to cardholders paying down outstanding balances, but residential mortgages also fell, by 0.5%. Credit to businesses offset some of the decline, with commercial and industrial loans up…

Saldutti Law Group Welcomes New Attorney

Posted on May 03, 2016 by Laura Lam

Saldutti Law Group, a complete creditors’ rights and collection firm, is pleased to announce the addition of Rebecca K. McDowell, Esq. to the firm.  Rebecca joins the team as an Associate Attorney where she will handle bankruptcy litigation and creditor rights. Rebecca is an established Bankruptcy and Creditor law practitioner.  She has represented creditors and debtors in Chapters 7, 11 and 13 cases.  Additionally, Rebecca has represented creditors, debtors and Chapter 7 trustees in both business and consumer Chapter 7 cases.  A graduate of Albion College, she earned her B.A. in English.  Rebecca continued her education at Wayne State University Law…

401(k) Plan a Failure for Millions of Americans

Posted on March 30, 2015 by Saldutti

For millions of Americans, the 401(k) plan is a miserable failure – it simply is not shielding enough people from financial struggles in their retirements, according to a CNBC analysis.  The Employee Benefit Research Institute estimates the median amount in U.S. 401(k) accounts is a paltry $18,433 and almost 40% of workers have less than $10,000 in those instruments. “In America, when we had disability and defined benefit plans, you actually had an equality of retirement period. Now the rich can retire and workers have to work until they die,” said Teresa Ghilarducci, a labor economist at the New School…

The Breakup: 1 in 5 Workers Plan to Leave Job in 2104

Posted on February 10, 2014 by Saldutti

Are you headed for a breakup this Valentine’s Day?  With the New Year just underway, many U.S. workers are already resolving to find a new employer. According to a CareerBuilder survey, 21% of full-time employees plan to change jobs in 2014, the largest amount in the post-recession era and up from 17% in 2013. A drop in job satisfaction may account for the expected rise in turnover – 59% of workers are satisfied with their jobs, down from 66% in 2013; 18% are dissatisfied, up from 15% last year. Those who are dissatisfied cite concerns over salary (66%) and not…

Saldutti Salutes: Hats Off to An All-Star Student

Posted on June 28, 2013 by Saldutti

Erica Carroll has been an employee at Saldutti, LLC for the past seven years. She is currently the collection manager for the firm, managing our collectors and providing progress reports to our clients.  Erica recently graduated Magna Cum Laude from Chestnut Hill College with a Bachelors of Science in Human Services. Erica plans to use her degree to pursue a job in social work, working specifically with children and veterans. She plans to further her education by obtaining a master’s degree in Clinical and Counseling Psychology from Chestnut Hill this fall. Erica’s free time is spent with her husband, Staff…

Throw an Office Holiday Party on a Budget

Posted on December 08, 2010 by Saldutti

Times are tough and the traditions of years past might seem like luxuries now. Businesses have to carefully decide how to spend their money. This year, throwing a big office holiday party may qualify as an expense that not everyone can afford. From renting a space to paying for food, party budgets can quickly spiral out of control. Fortunately, there are several ways you can trim costs on your traditional office party to make it more affordable. Or, if a party isn’t even an option for your budget this year, there are certainly other ways to celebrate with your employees…