Small Biz Flash

11-1-22 – Advance Your Employees’ Engagement – Part 1 of 2

Adam

FEATURE – Advance Your Employees’ Engagement – Part 1 of 2

Today’s guests are Mac and Kim Cantrell, owners of 2 Impact:

Mac’s email:  mac@2impactlife.com
Kim’s email:  kim@2impactlife.com
Mac’s LinkedIn page:  https://www.linkedin.com/in/maccantrell/
Kim’s LinkedIn page:  https://www.linkedin.com/in/kimrcantrell/
2Impact:  https://www.2impactlife.com/

Suggested resources:
U.S. Employee Engagement Drops for First Year in a Decade
https://www.gallup.com/workplace/388481/employee-engagement-drops-first-year-decade.aspx
The World's $7.8 Trillion Workplace Problem
https://www.gallup.com/workplace/393497/world-trillion-workplace-problem.aspx
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NEWS ROUNDUP
1
* The economy grew in 3Q22 by 2.6%.
https://www.bea.gov/news/blog/2022-10-27/gross-domestic-product-third-quarter-2022-advance-estimate
* The latest JOLTS report shows the job market is still hot.
https://www.bls.gov/news.release/jolts.nr0.htm
* The personal consumption expenditures price index rose 6.2% for the 12-months ending in September.
https://www.bea.gov/news/2022/personal-income-and-outlays-september-2022
* 63% of Americans lived paycheck to paycheck in September.
https://www.cnbc.com/2022/10/24/more-americans-live-paycheck-to-paycheck-as-inflation-outpaces-income.html
2
Last month, the US Department of Labor proposed the new rule which would make it more difficult for companies to classify workers as independent contractors.
> https://www.reuters.com/world/us/new-biden-labor-rule-would-make-contractors-into-employees-2022-10-11/
> https://sbecouncil.org/2022/10/11/dols-proposed-independent-contractor-rule-throws-called-water-on-u-s-entrepreneurship-and-flexibility/
> https://www.nfib.com/content/press-release/homepage/nfib-opposes-dol-proposed-rule-on-independent-contractors/
3
A forecast by AlixPartners has Christmas sales in inflation-adjusted dollars actually decreasing over last year.
> https://apnews.com/article/inflation-health-new-york-covid-63dda562ec80b34f2489e979302e1a1f
> https://www.alignable.com/forum/holiday-hiring-slumps-to-new-low-just-7-of-small-biz-employers
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This podcast is sponsored by SBS Accounting & Advisors.  Use the promo code FLASH and get 20% off your set up fee!  https://sbsaccountants.com/.
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I would love to hear from you!  Please email me at adam@smallbizflash.com.

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