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This week's story about employee ownership trusts notes about three in four small business owners plan to exit their company over the next decade. Whatever the size of your organization, succession planning is crucial. Watch for more on this soon!
- Brandi Cowen, Editor
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An employee ownership trust is a way to set up ownership of a business for the benefit of employees. It’s also a way for a business owner to cash out without having to sell to a competitor or private equity, and it’s much more likely in Canada after the federal government passed new rules and incentives for it in June.
» Read More...
Most Canadian provinces now have mandatory minimum wage increases automatically tied to inflation, but these wage increases are squeezing many Canadian companies, who say they are considering significant changes if wages keep going up.
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An alarming 23 per cent of Canadian workers were bothered by thoughts of death or self-harm in the two weeks prior to being surveyed, according to a new report from Wysa. The company, which offers AI-guided mental health solutions, found that number rose to 36 per cent when workers were asked if they’d been bothered by thoughts of death or self-harm in the last year.
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Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off. The union representing those workers said affected employees would have the option of working in Montreal, calling it a "backdoor termination" by Telus in an attempt to reduce the company's head count.
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An expert says a narrowly averted labour stoppage at British Columbia ports could re-emerge despite federal intervention unless the core issue of automation and its threat to union jobs is addressed.
» Read More...
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Virtual Facilitation will show you how to have successful virtual events, virtual meetings, virtual workshops and training to meet 21st century needs. Packed full of tips, insights and real case studies, the author’s practical approach to virtual facilitation will show you how to effectively learn the skills needed to succeed.
» Order your copy today!
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When an employee quits without giving notice, or with very short notice, the employer may be left wondering if they have any recourse against the employee. The answer may depend on the jurisdiction.
» Read More... |
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The surging gig economy has allowed companies to tap the global talent pool with minimal capital investment, circumventing domestic labour shortages and lowering payroll costs. But gig work can affect workers’ mental health as much as traditional 9-to-5 jobs do, if not more.
» Read More... |
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On July 1, Greece introduced a six-day workweek for some categories of employees, namely those working for private businesses that provide 24/7 services. The new legislation seeks to boost productivity to support a growing number of pensioners as the country faces an aging, shrinking population.
» Read More...
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College athletes whose efforts primarily benefit their schools may qualify as employees deserving of pay under federal wage-and-hour laws, a U.S. appeals court ruled last week in a setback to the NCAA.
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When an employee is terminated and claims wrongful dismissal, that employee has an obligation to mitigate their damages by making reasonable efforts to secure new comparable employment. However, where the employee has a medical condition that incapacitates or interferes with their ability to look for or perform work in their occupation, a Court is very unlikely to find that the employee has failed to make “reasonable efforts” to mitigate.
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During a keynote address, I often ask audience members to share how they learned to move from feeling blah (i.e., languishing) to charged (i.e., flourishing). I do this to demonstrate that students are taught how to read and write, but most never learn how to develop resiliency or flourish. No wonder society has so many mental health challenges, concerns and chronic diseases.
» Read More...
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October 1, 2024 | 700 Centre St S, Calgary, AB T2G 5P6 or Online
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October 22, 2024 | 375 York Avenue, Winnipeg, MB R3C 3J3
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