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Poll Finds Nearly One-Third of Small Businesses Have Voluntarily Reinstated COVID-19 Restrictions

  • Share of small businesses saying they are fully reopen falls to 63 percent in Kabbage Small Business Recovery Report
  • Nearly one-third of survey respondents say they’ve voluntarily reimposed COVID-19 restrictions as Delta variant cases rise
  • Small business owners also report greater hiring challenges, translating to longer hours and higher wages among existing employees
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Hybrid Work Offers Opportunities for Businesses to Expand Inclusion Efforts

  • Hybrid work arrangements potentially offer companies the opportunity to improve their inclusion efforts
  • Mix of in-person and remote work can help businesses improve key elements such as fair treatment, diversity, belonging, and trust
  • Companies should be cautious to avoid potential pitfalls with hybrid work arrangements
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Business News Roundup, Sept. 22, 2021

A debt ceiling showdown, sanctions against a virtual currency exchange, potential infrastructure improvements in Connecticut, and an impending vaccination deadline for a Connecticut health care system are among the top business news items this morning. National The House of Representatives…

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Taking Advantage of Tax Credits for Paid Leave Related to COVID-19

  • Employers can claim tax credits for paid leave offered between April 1 and Sept. 30 for reasons related to COVID-19
  • Qualifying purposes range from illness to caring for a child due to the closure of a school or child care facility
  • Credits of up to $12,000 per employee are available
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Study Finds Flexibility of Gig Work Carries Considerable Value Despite Lack of Benefits

  • Harvard Business School study looks at the importance of flexibility in how DoorDash workers balance wages and quality of life issues
  • Gig workers associate a loss of control over scheduling with a significant equivalent pay cut, and 30 percent said they would quit if strict scheduling was imposed
  • Researchers say the findings highlight the newfound importance of flexibility in companies’ competitive strategies
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Vineyard Wind Partners Restructure Agreement to Divide Offshore Assets

  • Avangrid Renewables and Copenhagen Infrastructure Partners announce restructuring of offshore wind venture
  • Companies will continue to develop the nation’s first commercial offshore wind facility jointly, but will take full ownership of separate parcels
  • Connecticut-based Avangrid to pay $167.5 million to acquire a full stake in a lease area with the potential for approximately 2 gigawatts of electricity production
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OSHA Announces Expanded Efforts to Protect Workers from Extreme Heat

  • Occupational Safety and Health Administration announces efforts to improve efforts to protect workers from extreme heat
  • Issue known to have caused dozens of worker deaths and thousands of injuries in 2019
  • OSHA looking to prioritize heat-related interventions on days where the heat index exceeds 80 degrees
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Business News Roundup, Sept. 21, 2021

A downgraded economic forecast, a planned debt limit vote, eased travel restrictions, a shakeup in how some restaurants pay their workers, lower travel bookings, child care industry challenges, and a Connecticut submarine manufacturer preparing to potentially build boats for Australia…

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Polls Suggest Workplace Penalties May Be More Effective in Encouraging COVID-19 Vaccination Than Mandates

  • Survey of unvaccinated Americans finds that about two-thirds would be motivated to get the COVID-19 vaccine or consider it if their employer imposed a health care surcharge
  • Other polls show that unvaccinated workers are much less likely to get a vaccine to comply with a company mandate
  • The data comes as the White House works to issue a COVID-19 vaccine mandate for businesses employing at least 100 people
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Food and Hospitality Businesses Seeing Disproportionate Impact From Delta Variant Amid Other Challenges

  • Goldman Sachs poll finds that hospitality and food services businesses have greater economic concerns when compared with other companies
  • Businesses in the sector had elevated uneasiness about COVID-19, higher prices, and labor shortages
  • 84 percent said they are worried about the potential impact of a new wave of COVID-19 cases
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