Chamber News & Blog

January 8, 2015
Article type: Blog

Personal property tax reform was assured with last August’s state-wide referendum. Now that the political campaign is over, the sound-bite style of describing the new law has died down.  

You will soon need to apply this complicated set of new rules to your company’s tax filings.  Let’s...

January 7, 2015
Article type: Blog

‘Tis the season to start predicting healthcare trends for 2015. PWC has issued its top ten healthcare issues to watch in 2015 and we particularly like number six:

...

January 6, 2015
Article type: Blog

In some states, cities, and towns, an employer cannot include a question on a job application asking about criminal records. It is called “Ban the Box” and is a growing trend.

Currently, Michigan is not one of the states that has passed a ban-the-box law, but some local cities and...

January 5, 2015
Article type: Blog

Although the recent lame duck Michigan legislature failed to add gender identity protections to Michigan law, the Equal Employment Opportunity Commission has prohibited discrimination since 2012 against transgender people. “Transgender” is an umbrella term that includes people who are...

January 2, 2015
Article type: Blog

Employees receive compensation from a company in return for work performed. While most people think compensation and pay are the same, the fact is that compensation is much more than just the monetary rewards provided by an employer. According to Milkovitch and Newman in Compensation, it is "all...

December 22, 2014
Article type: Blog

Carl Jones works at Ball Aerospace and Technologies Corp. in Boulder, Colo., but he wants to be an astronaut.

What will his employer think?

Actually, Jones' employer not only supports his lofty ambitions, but pays for Jones to follow his star. Ball fully reimburses Jones' school...

December 19, 2014
Article type: News

Michigan Chamber President & CEO Rich Studley on Friday, Dec. 19, issued the following statement on transportation funding and the May 2015 sales tax increase ballot proposal:

The Michigan Chamber is member-driven and policy-focused. Over the past 10 years, we...

December 19, 2014
Article type: Blog

There has been debate about whether Michigan technically qualifies as a battleground state in political elections, but what’s clear is that it provides insight into the health insurance exchange (HIX) market impact on small employers in terms of both health plan costs and selection.

Most...

December 18, 2014
Article type: Blog

So you are in the process of or planning on selling your business. You will need legal help on document preparation and tax advice on deal structure. What’s the big deal, right? You have been with the same CPA and used the same attorney for decades. They know you and look forward to helping you...

December 17, 2014
Article type: Blog

This article explains what "energy management" is, why it's important, and how you can use it to save energy.

What is energy management?
"Energy management" is a term that has a number of meanings, but we're mainly concerned with the one that relates to saving energy...

December 16, 2014
Article type: News

Michigan Chamber President & CEO Rich Studley today appeared on The Frank Beckmann Show, WJR 760 AM, Detroit, to discuss road funding and the need to address Michigan's $1.2 billion road funding problem with a $1.2 billion solution BEFORE the Legislature adjourns on Thursday....

December 12, 2014
Article type: News

The Michigan Chamber of Commerce issued the following statement by Michigan Chamber President & CEO Rich Studley regarding the current legislative debate on how to properly increase road funding.  

“The Michigan Chamber of Commerce applauds legislative leaders...

December 12, 2014
Article type: Blog

This season, card-not-present (CNP) transactions may be one of your most vulnerable spots. Online and phone order volume is likely to be high, so it’s important to increase your vigilance when it comes to monitoring transactions.

In a CNP environment, the merchant is always at greater...

December 11, 2014
Article type: Blog

According to recent research conducted by the Pew Research Internet Project, as of January 2014, 58 percent of American adults have a smartphone and 42 percent own a tablet computer. Time spent on mobile devices by the average American consumer currently hovers around 2 hours and 42 minutes per...

December 10, 2014
Article type: Blog

Roughly 170 million people in the U.S. receive health insurance through employer-sponsored plans. It’s an entrenched practice that took root during World War II and that, largely, has served the workforce well. However, it still lets employers decide what’s best for the covered group, leaving...

December 9, 2014
Article type: Blog

The Occupational Safety and Health Administration’s September 2014 updated recordkeeping rule includes two key changes. First, the rule expands the list of severe work-related injuries and illnesses that all covered employers must report to OSHA. The revised rule retains the current...

December 9, 2014
Article type: Blog

If your workers receive vacation pay, holiday pay or bonus pay, the Unemployment Insurance Agency (UIA) now has a process in place to automate the determination of these types of payments.

You can now notify the UIA about holiday and other special payments electronically using the...

December 5, 2014
Article type: Blog

Private sector employment increased by 208,000 jobs from October to November according to the November ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by ADP®, a leading global provider of Human Capital...

December 2, 2014
Article type: Blog

High-level corporate professionals are all too often exposed for lying on their resumes.

Usually, these lies and misrepresentations relate to falsified educational or professional accomplishments. For example, a person may claim a Master’s degree in a certain field, but it is discovered...

November 25, 2014
Article type: Blog

Ongoing communication with employees is a cornerstone of peak performance, but it often falls short when put into practice. Performance reviews provide necessary feedback to staff, but are only effective if done properly, which means:

  • the reviews must be consistently administered;...
November 24, 2014
Article type: Blog

Businesses have a vested interest in their communities. They need a strong pool of local workers to choose from and consumers who can afford their products. Many businesses want to give to the community and invest in it, but sometimes they aren’t sure where to start. Schools can also benefit...

November 21, 2014
Article type: Blog

For businesses across Michigan and the country, the Obama administration's one-year reprieve from financial penalties under the national health care law is nearing an end, forcing some employers to choose between buying coverage for employees or paying fines.

At the same time, some small...

November 20, 2014
Article type: Blog

Here are some common tax issues which deserve your consideration in the early stages of selling or thinking about selling your business. But, of course, before making any decisions, you should consult a tax accountant familiar with your contemplated business sale.

  • If you are a ‘C’...
November 19, 2014
Article type: Blog

At Consumers Energy, we want you to be prepared to safely weather any Michigan storm or emergency. These tips will help you and your business so you’re not in the dark during a power outage. Learn more at www.ConsumersEnergy.com/outagecenter...

November 18, 2014
Article type: Blog

No matter what department you work for within a business, the finance and accounting functions touch every aspect of your role and the organization. For employees that do not work directly in the finance function, it can sometimes be challenging to understand how the financial and accounting...