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The Benefits of an “Always Hiring” Recruitment Strategy for Your Business

  • When active recruitment can be preferable to seeking job candidates only based on need or demand
  • An “always hiring” approach can assist with employee retention and finding unexpected talent
  • The approach invites applicants based on desired qualities, experience, or other factors rather than advertising for a specific job
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Poll: 4 in 10 Small Business Owners Experiencing Burnout as COVID-19 Pandemic Drags On

  • Survey finds that 42 percent of small business owners are experiencing burnout or have experienced it in the past month
  • Six in 10 said they haven’t taken a week off for any reason since the start of the COVID-19 pandemic
  • Respondents remain optimistic, with 63 percent expecting business conditions in their area to improve
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NFIB Survey: COVID-19 Continuing to Negatively Affect Businesses Nearly Two Years After Start of Pandemic

  • Two-thirds of respondents in National Federation of Independent Business survey say they are experiencing a negative impact as a result of the latest surge in COVID-19 infections
  • The data showed that small business owners are seeing some easing in supply chain pressures, but that labor shortages are more persistent
  • Respondents were taking steps such as raising wages, working more hours themselves, and offering more hours to existing employees to address staffing shortfalls
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Benefits Now Accessible Under Connecticut Paid Leave Program

  • Governor Ned Lamont announces that paid leave benefits in Connecticut are now available
  • Income replacement benefit is currently capped at $780 a week, but is set to rise with scheduled hikes to Connecticut’s minimum wage
  • A total of 5,565 people applied for leave in December
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CEOs Fear That Inflation Will Persist Into 2023

  • Conference Board survey of global CEOs finds that more than half worry that inflation will persist into next year
  • More than four in five say supply chain disruptions are contributing to the problem
  • Inflation has rocketed up the list of issues business leaders are most concerned about after causing only mild worries in early 2021
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Business News Roundup, Jan. 17, 2022

Lobbying efforts for additional COVID-19 business relief, a vow to pursue the core provisions of the Build Back Better Act, a drop in consumer sentiment, strong retail holiday sales, and thefts targeted at delivery mechanisms are among the top business…

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Beige Book: New England Economic Optimism Persists Despite Heightened Uncertainty

  • Federal Reserve’s Beige Book reflects ongoing challenges but also cautious optimism among businesses at the end of 2021
  • Report collected data from a period predating the surge in COVID-19 cases caused by the Omicron variant
  • National trends are reflected in New England, which is also reporting more conversions of office and retail space to purposes such as laboratories and warehouses
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Certain Businesses Subject to March 2 OSHA Deadline on Workplace Injury Reporting

  • Occupational Safety and Health Administration requires certain businesses to submit information on workplace injuries and illnesses in 2021 by March 2
  • Requirement applies to companies with 250 or more workers as well as smaller businesses in industries that have historically higher rates of incidents
  • OSHA has offered detailed guidance on issues such as recording criteria, covered employees, and determining if an incident is work-related
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Congressional Committee Vows to Address Issues Raised in SBA OIG Report

  • House Committee on Small Business addresses report from the Small Business Administration’s Office of the Inspector
  • OIG identifies fraud concerns with SBA loan programs as a key concern
  • Committee chair says significant progress has been made to tighten internal controls and address other issues
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