Chamber News & Blog

May 28, 2014
Article type: Blog

The Michigan House has passed a package of bills to address a crisis facing the self-insured workers’ compensation system in Michigan as a result of the Delphi bankruptcy. Amendments adopted on the floor of the Michigan House will further reduce the exposure of self-insured employers in Michigan...

May 23, 2014
Article type: Blog

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is an accounting term used to measure the profitability of a business before expenses for interest, taxes, depreciation and amortization. I am often asked by business owners, “What multiple of EBITDA should I use...

May 20, 2014
Article type: Blog

Recent reports have shown that Michigan's unemployment rate has dropped and the economic outlook is getting stronger. What are some of the top priorities to strengthening Michigan's economy? Michigan Chamber President & CEO Rich Studley recently appeared on Comcast Newsmakers to provide his...

May 19, 2014
Article type: Blog

A recent survey by the Society of Human Resource Management (SHRM) estimates that only 40 percent of employers surveyed have adopted a social media policy. Yet the social media websites of Facebook, MySpace, YouTube, and Twitter are four of the five most universally blocked websites. While...

May 19, 2014
Article type: News

An overwhelming majority of Michigan voters believe our roads are in horrible condition and are willing to invest more money to build and maintain better roads, according to a Michigan Chamber of Commerce poll released today.

“Increased funding to fix the roads...

May 12, 2014
Article type: Blog

The Michigan Senate has passed legislation to reduce the rate charged to purchasers of health insurance, including job providers, under the Health Insurance Claims Assessment (HICA) Act.

Senate Bill 913 (Sen. Kahn, R-Saginaw) would reduce the HICA tax rate from 1 percent to .75 percent...

May 12, 2014
Article type: Blog

Last week, the Michigan Chamber testified before the House Commerce Committee on a crisis facing the self-insured workers' compensation system in Michigan.

The 2009 bankruptcy of Delphi Corporation, and key errors made by the State, have left some 300 workers' compensation claimants...

May 8, 2014
Article type: News

The Michigan Chamber of Commerce issued the following statement by Michigan Chamber President & CEO Rich Studley in response to bipartisan action in the State House today to raise transportation investment by $450 million per year.

“Today in Lansing an overwhelming majority of...

May 7, 2014
Article type: Blog

Employers fund the “unemployment system” by paying Federal and State unemployment payroll tax. Federal tax provides the operating and administrative funds for each respective state agency. Federal guidelines set minimal benefit standards and maintain oversight of each individual state...

May 5, 2014
Article type: Blog

Many employers misclassify employees as independent contractors, not understanding the huge liability this presents for their company. Take a look at the basic definitions to see if you’re classifying correctly!

“The numerous tests under state and federal law defining the legal status of...

April 30, 2014
Article type: News

The Michigan Chamber of Commerce today announced its endorsement of Terri Lynn Land for U.S. Senate, noting that Michigan’s working families and job providers need to send someone new to Washington, D.C., who will fight for Michigan families and businesses and drive business to Michigan.

...
April 18, 2014
Article type: News

We are pleased to report that this week the Michigan Chamber launched a 30-second TV spot highlighting the progress Michigan has made as a state and that our future is bright. Drawing upon the data contained in the Michigan Chamber Foundation’s 2013 Michigan Economic Competitiveness Study, it is...

April 14, 2014
Article type: News

The Michigan Chamber of Commerce today announced its endorsement of Dave Trott for U.S. House. Trott is seeking election to represent...

April 1, 2014

Great News! Last week, the Legislature finalized personal property tax reform and Governor Snyder began signing bills on Friday. The Michigan Chamber participated in the bill signing and press conference. View the YouTube video of the event...

March 28, 2014

The Michigan Chamber of Commerce today commended the Snyder Administration and both the State House and Michigan Senate for displaying overwhelming bi-partisan support to begin phase-out of Michigan’s burdensome business personal property tax while protecting local...

March 25, 2014

In a joint letter to Congressional leaders in Washington, DC, the Michigan Chamber yesterday voiced its strong support of House Resolution 4057, the Customs Plaza Construction Act of 2014, introduced by U.S. Rep. Gary Peters. The bill would explicitly authorize the Secretary of Homeland Security...

March 11, 2014

Employers maintaining drug-free workplace policies should not be forced to accommodate an employee’s use of medical marijuana, says the Michigan Chamber of Commerce, who filed an amicus curiae brief with the Michigan Court of Appeals in ...

February 18, 2014

The Raise Michigan Campaign, a coalition with close ties to labor unions and the Michigan Democratic Party, has decided to follow President Obama's call for a $10.10 minimum wage, after previously announcing it would pursue a petition drive to place a $9.50 per hour wage on the 2014 ballot....

February 10, 2014

The Michigan Chamber of Commerce today announced its endorsement of Governor Rick Snyder, who is running for re-election in 2014.

“Four years ago, the Michigan Chamber endorsed Rick Snyder for Governor because we shared his vision to improve Michigan’s economic competitiveness and we were...

February 10, 2014

Supporters of the effort to raise Michigan’s minimum wage to $9.50 per hour are expected to file their petitions with the Secretary of State today (Monday, Feb. 10) and begin collecting signatures to put the issue on the November 2014 ballot. The Michigan Chamber is strongly opposed to this...

February 6, 2014

The Michigan Chamber of Commerce today commended Governor Snyder for signing important reforms to Michigan’s officer liability tax laws. Senate Bill 337 (Brandenburg, R-11), now Public Act 3 of 2014, implements meaningful reforms that will protect taxpayers and improve the efficiency of tax...

February 4, 2014

The Michigan Chamber has joined the Michigan Citizens for Strong & Safe Communities to help educate the public about the benefits of passing the August 5, 2014 ballot question to fully implement personal property tax relief and protect...

January 31, 2014

Jim Holcomb, Senior Vice President for Business Advocacy & General Counsel for the Michigan Chamber, was a featured guest on "Capital City Recap," a radio show hosted by Michael Cohen on WILS-1320 AM Lansing, to discuss the Chamber's opposition to a ballot proposal for a part-time...

January 30, 2014

The Michigan Chamber of Commerce Board of Directors today voted to oppose a poorly thought out ballot proposal for a part-time legislature that would open the door to a runaway bureaucracy in Lansing.

“The concept of a part-time legislature may have some merit and deserves further study...

January 27, 2014

The Michigan Chamber of Commerce today announced its strong opposition to a minimum wage increase being proposed by union organizers for the 2014 General Election.

“Proponents of this proposal hope to use strikes and public protests as the means of generating public support for this issue...