The changing dynamics of Labor.

Let's face it, hiring talent is difficult. Today's labor market is difficult to navigate.

It's a seller's market. More are retiring than are entering the workforce. Inflation is forcing higher wages. What can a business looking to grow do? Today we talk to Leah Kallas, an industry professional and General Manager at Great Lakes Skilled Trades shares her insights into the economy, hiring, and what it takes to hiring new employees.

To contact Great Lakes Skilled Trades, go to: https://www.greatlakesskilledtrades.com/ Phone: 616-591-9300 Wisconsin: 262-573-5352

Tax day has come and gone. For most business owners it is a day of dread. You spend your first quarter gathering information for your tax preparer then get the news of how much you still have to pay in.

This is why it is so important to apply financial strategies throughout the year instead of waiting to find out what you owe. If you wan to save money, you need to speak to an expert since your accountant may not provide this service for you.

In this episode, Rich will share what to do after tax day and beyond to manage your tax burden to keep more money in your pocket.

Recently California raised it's minimum wage for fast food employees to $20/hr from $16/hr previously. While it is a limited group of businesses directly affected, the ripple effect will impact other businesses in the state and across the nation.

This isn't the first time California has made laws to try to increase employee wages. Earlier this year the state passed AB5, also called the Gig Worker's Law, an effort to raise gig wages. It had the opposite effect by negatively impacting over 600 professions and 4.5 million self-employed workers. Expect to see changes elsewhere. Just the other day, a restaurant added a labor fee to customers' bills to combat rising costs, and a Birds Eye factory in Wisconsin is closing to consolidate production to facilities to factories that are automated in order to eliminate labor costs.

We will talk about the good and bad that comes with increased wages as well as share our insights to government involvement in employee pay.