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SBAM | Paycheck Fairness Act could promote more lawsuits than equality

February 15, 2021

Michigan Business Network

Paycheck Fairness Act Could Lead to New Lawsuits

On January 28, the Democrats reintroduced the Paycheck Fairness Act (H.R. 7), a bill that did not succeed in the Obama administration, as a way to strengthen the Equal Pay Act (EPA). According to the sponsors, the Paycheck Fairness Act would end the practice of pay secrecy and strengthen the available remedies for wronged employees. It is a priority not only for the Democrats in Congress, but a plank in President Biden’s gender equality initiatives.

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Call To Action – Urge Congress to Oppose $15 Minimum Wage

We continue to argue that increasing the minimum wage, especially during this tumultuous time, would be detrimental for Michigan small businesses.

If passed, the effects would crush the competitiveness of local small businesses, pushing more activities to large global companies who can more easily shift activities elsewhere. Please reach out to your Legislators in Washington D.C. to urge them to oppose a $15 minimum wage!

Don’t get caught!

We keep hearing stories of business being fined for not complying with various COVID-19 related regulations. Here’s a reminder that many resources are available, including a FREE COVID-19 Response & Preparedness Template from SBAM.

New Survey Finds that Despite a Tumultuous 2020, 2021 Hiring Outlook Is Optimistic

The long-term impact of the coronavirus pandemic on hiring and career development is just coming to the surface and will likely affect the way employers hire and train candidates for the near future, but the outlook for 2021 is positive, according to the results from the annual Future of Work global survey conducted by Monster.

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IRS Issues Warning on Fraudulent Unemployment Forms

The latest financial scam involves fraudulent Form 1099-G, which government agencies use to report unemployment compensation. The IRS issued the following notice.

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How Small Businesses Can Plan for HR Compliance in 2021

As much as we are feeling burnt out by 2020, the reality is that the events of this past year have changed and will continue to shift HR priorities for 2021. COVID-19 has had an immeasurable impact on HR and small businesses and will shift how business owners and leaders will need to manage HR to remain compliant.

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On today’s show, hosts Rob Fowler and Brian Calley will cover:

➡ The latest MERC numbers on #DataMonday

➡ Employer tools for vaccine information

➡ Federal stimulus package update

➡ Paycheck Protection Program loan numbers

Tune in live on Facebook or register to watch via Zoom at 3pm EST.

Thank you to our sponsor HealthScreen and HealthyVisitor. Visit HealthyComply.com for details.

Join us as we discuss how to reach for new potential at your business with fractional resources. Hire experienced talent without the cost and commitment of a full-time employee.

This week’s “Focus on Business” guests are from Chief Outsiders, Outsourced Sales Management Service, The Integrator Group, and Maner Costerisan CPA.

Tune in to “Focus on Business” this Sunday at 11:30 a.m. on WLAJ, or you can catch the episode here after the show airs.