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March 2010 | Volume 1 | Issue 3 |
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Leadership Essentials in a Recovering Economy |
By
Brandon Laws, Xenium
The worst is hopefully behind us, but there is no doubt our economy is slowly recovering from one of the worst recessions in history. As many businesses struggle to climb out of an unfortunate 2009, there have been emotional strains within
organizations that need to be somehow addressed. It starts with the company's leadership.
Leadership has an unusual opportunity to keep the organization from slipping financially, emotionally and productively, and actually thrive during an irregular economy. Here are five practices that will help lay the foundation for future
growth.
Organizational Transparency:
Be open and consistently communicate the vision of your organization. Talk about challenges and new opportunities, and even share financial information, whether it's fully disclosed or in a limited fashion. The point is that you keep
employees involved and ensure they have a clear understanding of how their individual and team contributions impact the success of the organization.
Productivity is mostly driven by the employees; and if you are authentic about where the company currently stands and where the company intends to go, employees will more likely be engaged and dedicated to achieving company objectives.
One-on-One Coaching Sessions:
Organizationally speaking, front line managers are a key influence of employee productivity and engagement. Similar to being transparent, have one-on-one coaching sessions with managers to clearly articulate company goals and share
challenges, opportunities and new ideas...
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Recent Developments in Employment Law and Legislation |
From
Dan Grinfas, Buchanan Angeli Altschul & Sullivan LLP
For a summary of the updates to the following bills please
click here.
Expanded Whistleblower Protection for Public Employees
Use of Credit History for Employment Purposes
Employee Attendance at Mandatory Employer Meetings
Subtraction for Investment of Severance Pay in Small Business
Grants to Small Businesses; Increased Department of Revenue Enforcement of Tax Compliance
Employment of Former Legislators
Pay or Play System of Employer-Sponsored Health Insurance Coverage
More... |
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To view the the complete summary, click here >
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Client Spotlight: Express Employment Professionals |
 Discover your Leadership Instinct.
Most people fall into one of four Leadership Instinct styles – tiger, fox, chameleon or ostrich. Learning about the positive and negative characteristics of each can provide valuable insight into your own leadership style and how to work
with other styles.
We've developed a complimentary training program to help guide your journey through the leadership jungle, including a workbook, live webinars and a Leadership Instinct Simulcast, all based on the book 100 Worst Bosses by Jim Stovall.
In his new book, 100 Worst Bosses, Jim Stovall breaks down the characteristics of a bad boss through true stories about people in tough work situations. Their experiences can teach us about developing good leadership instincts. It's a
humorous and often cringe-inducing look at what happens to a team forced to follow an ineffective leader.
At Express, we understand the importance of strong leadership, so we've developed the Leadership Instinct Training Program. Based on Stovall's 100 Worst Bosses, our complimentary training materials are designed to help guide the
development of a new leader and reinforce the basics for an experienced one.
For more information, visit
MyLeadershipInstinct.com and be sure to register for the Leadership Instinct simulcast event that will take place on Wednesday, May 5th from 2:00 – 6:00 p.m. at our Tualatin Training Center, located at 7401
SW Washo Court, Tualatin, OR 97062. We will be hosting a wine tasting and hors d'oeuvres networking and debriefing hour at the conclusion of the simulcast. Space is limited, so please visit the website above and register your attendance
today.
To find out more about Express Employment Professionals and how we can help make your place of business even better than it is today, please visit us on the web at:
www.expresspros.com
We look forward to seeing you on May 5th for this groundbreaking event.
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Click here to visit Express Employment Professionals >
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House and Senate Agree to 31-day COBRA Subsidy Extension, Considering Extension to 12/31 |
From Barran Liebman Electronic Alerts: Volume 13, Issue 4
President Obama signed into law H.R. 4691 which provided an extension of various unemployment benefits including a 31-day extension of the COBRA subsidy eligibility to those individuals who are involuntarily terminated between March 1,
2010 and March 31, 2010... |
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Bill Containing Tax Breaks and Other Hiring Incentives |
From Barran Liebman Electronic Alerts: Volume 13, Issue 7
On March 17th, the U.S. Senate passed President Obama's so-called "jobs bill," a package of economic incentives designed to spur hiring and job growth in the midst of the economic downturn. Because the House has already passed the bill, it
heads to the White House for President Obama's signature... |
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DOL Finalizes New Contribution Rule |
From The Commerce Company: Volume 14, Issue 1 , March 2010
On January 14, 2010, the Department of Labor (DOL) published final regulations providing a safe harbor timing rule (the "New Contribution Rule") for the deposit of participant contributions and loan repayments to small plans that are
subject to ERISA regulation. "Small plans" are plans with fewer than 100 participants as of the first day of the plan year. No safe harbor is provided for larger plans.
General Employee Contribution Deposit Timing Rule
Under ERISA's general timing rule, employers must deposit employee pre-tax and post-tax contributions and loan repayments to qualified defined benefit, defined contribution, and 403(b) plans as of the earliest date they can reasonably be
segregated from the employer's general assets... |
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