Perks to Replace Raises and Bonuses

You want to pay your people more. After all, they are the ones who make your business the success it is. However, in a recession like this, with your profits dwindling, you really need more creative ways of showing your appreciation and rewarding your employees. How do you do that? You do it by remembering that while a check certainly does fulfill certain needs, there are other needs and other ways to fulfill them.  /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} Supporting the Work-Life Balance Employees are often torn between the conflicting needs of their pers... [Read Full Article]

Small Business Speaks: Tax Cuts Are Better Than TARP

  Government and Economy Survey: Entrepreneurs Prefer Tax Cuts to TARP According to a survey released by online payroll company SurePayroll, Many small business owners believe that tax cuts would be better than spending more money on the Treasury's Troubled Assets Relief Program (TARP). Obama Preparing to Sign Stimulus Bill While not ruling out a second economic stimulus plan, President Obama flew to Denver to sign into law his $787 billion economic stimulus plan, which he promises will spur consumer spending and create millions of jobs. Management and Financial Issues [Read Full Article]

House Stimulus Bill Hits $825 Billion as Unemployment Hits New Levels As Well

Government and Economy House Democrats Raise the Bailout Ante to $825 billionIn a bid to revive the economy, House Democrats have called for $825 billion in federal spending and tax cuts with strong emphasis on energy, education, health care and highway construction. Unemployment Rises More Than ExpectedThe Labor Department has reported that first-time requests for unemployment insurance jumped to a seasonally adjusted 524,000 in the week ending January 10, higher than the 500,000 new claims they had expected. Congressional Proposal: Cash for ClunkersCongress is mulling over a new proposal to pay people to get rid of all those old gas guzzling cars they... [Read Full Article]

Should SBA be Elevated to Cabinet Status? Landrieu Says “Yes!”

Government and Economy Small Business "Lost in the Equation" Because banks are refusing to make loans and the government is focusing on big-business bailouts, small businesses are "lost in the equation" and are hurting, says Raymond J. Keating, chief economist with the Small Business and Entrepreneurship Council. Landrieu: Include SBA in the Cabinet Sen. Mary Landrieu, D-La., the new chair of the Small Business and Entrepreneurship Committee, has called on President-elect Barack Obama to put a Small Business Administration voice in his Cabinet. [Read Full Article]

Small Business Brief for 10/28

Deputy Secretary Robert M. Kimmitt's Remarks at the Dubai International Financial Centre Survey Finds that Raises Next Year Will Be the Lowest Since 9/11 As American companies revise their compensation budgets to control costs, employees are going to earn significantly smaller raises and bonuses next year. Local Credit is Out There For Small Businesses F inding credit is hard these days, but small businesses can still get the credit they need through community banks, credit unions and the Small Business Administration. USA TODAY Are Your Coworkers on Their... [Read Full Article]