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Alexandra Levitt

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  1. Bank of America22 min

    The Evolving Small Business Workplace: How to Adapt for the Future to Recruit, Retain, and Optimi...

    Carol Roth, Rob Hilson, Alexandra Levitt, Steve Strauss

    Bank of America's Fall Small Business Center Report reveals that 72% of small business owners anticipate growth next year, driving a strategic shift toward hiring Millennials while Baby Boomers retire. Experts advise entrepreneurs to mitigate these expansions through standardized interview processes, revenue guarantees, and the cautious integration of technology that aligns with specific team needs. Successful retention now depends on fostering cognitive diversity and offering tailored perks like telecommuting, ensuring employees feel valued rather than merely incentivized.