Skilled-labor shortfall could impede Trump's infrastructure plan | L.A. sets new benchmark with "ban the box" ordinance | Companies welcome retired former employees for part-time work
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December 19, 2016
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Skilled-labor shortfall could impede Trump's infrastructure plan
President-elect Donald Trump wants to spend $1 trillion to improve the country's infrastructure, but the labor crunch in the construction industry could create obstacles. Leonard Toenjes, president of the Associated General Contractors of Missouri, said many construction workers "wandered off into other careers" during the Great Recession and that has resulted in a smaller labor pool and an increase in construction costs.
Reuters (12/19) 
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The Benefits of Effective Recognition
Highlighting research from the O.C. Tanner Institute, along with the latest Gallup and Aon Hewitt studies, this white paper demonstrates how effective recognition has been proven to increase engagement, attract and retain talent, encourage innovation and productivity, and much more.
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Recruiting & Retention
L.A. sets new benchmark with "ban the box" ordinance
L.A. sets new benchmark with "ban the box" ordinance
(Pixabay)
A Los Angeles ordinance that takes effect Jan. 22 forbids employers from inquiring about applicants' criminal records until they've made conditional employment offers, and even then, a criminal past is grounds for withdrawing the offer only under limited circumstances. The ordinance goes beyond the Equal Employment Opportunity Commission's guidance.
Lexology (12/14) 
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How Employee Health Benefits Impact A Bottom Line
Healthcare reform and rising costs have many small businesses wondering, "Should I offer employee healthcare benefits?" "Can I afford it?" and "How do I choose the right plan?" Understanding how offering employee health insurance can impact your business' bottom line can provide some relief. Read more.
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Leadership & Development
Companies welcome retired former employees for part-time work
A small but growing number of companies are establishing formal programs to support boomerang employees: people who retire and return to work part time for previous employers. About 8% of companies surveyed by the Society for Human Resource Management last year had this type of program.
The New York Times (free-article access for SmartBrief readers) (12/16) 
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Embrace Disruptive Innovation
Traditional business is constantly being impacted by overwhelming and sudden shifts in the marketplace. This new normal is "disruptive innovation". Read this white paper to learn what disruptive innovation is and how your company can use cloud ERP to stay in the game.
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SmartBrief Originals
Original news, insights, analysis and best practices from SmartBrief.com
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Benefits & Compensation
NYC-area airport workers win $15 hourly wage
New York's branch of the Service Employees International Union has negotiated a contract with nearly a dozen airport contractors that sets a $15 hourly wage for baggage handlers, security officers, wheelchair attendants, skycaps and cleaners employed at New York City-area international airports. The contract guarantees union rights and spells out rules on seniority, scheduling and discipline, along with health and safety guidelines.
BuzzFeed (12/15) 
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Get with the flow. How payment processing affects cash flow.
Cash flow is the lubricant of business. Without a healthy cash flow, business dries up. It stops. It can't function. Which is why it is vital to keep the revenues coming in as the expenses go out. But there's one aspect of cash flow that many of us are not aware of. It is how managing credit cards and other such non-cash payments affect cash flow. Turns out it has a huge affect. Download the free guide today.
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The HR Leader
"Being busy" has real financial costs
We need to let go of the costly idea that someone who is always busy must be wildly productive, writes Ted Bauer. "Typically, as with anything at companies, this begins because the top levels model it," he argues.
The Context of Things (12/17) 
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A man should never be ashamed to own he has been in the wrong, which is but saying ... that he is wiser today than he was yesterday.
Alexander Pope,
poet
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