8.7.20

Friday Five Business Briefing – August 7, 2020

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Here’s news you can use in a constantly changing business environment, including what’s in store for 2021 health insurance rates, how to host dynamic virtual events and tips for getting back on track after a setback.

  1. Proposed 2021 health insurance rates increase slightly — 2021 policy renewals for small employers will likely go up 1.5% on average. However, Grand Rapids-based Priority Health proposes to trim individual policy rates by 0.1%. Get the complete story.
  2. Could your work-from-home policy be this short? Siemen’s new mobile work policy is getting attention for two reasons. First, it focuses on outcomes, not hours. Second, it shows trust and empowers employees. See why it’s effective.
  1. Switching from live to virtual events — COVID-19 has forced businesses and professional associations to cancel in-person events. In their place, online events are keeping people connected. Learn how to pivot to virtual events.
  1. Expanded services for unemployed veterans — West Michigan Works! has expanded its Veterans Networking Job Club. The club has gone online because of COVID-19. Interested veterans, employers and veteran-focused organizations can register online at org.
  1. Tips to get back on track after a major setback — Naomi Nakashima learned three valuable lessons after clients refused to pay out 5-figure contracts. Get her tips for getting back on track.

Thank you to our Friday Five sources: MiBiz, Inc., CO—, WZZM 13 and Entrepreneur.

Do you have business banking questions? Contact our knowledgeable business development managers online or call 800-991-2221. We’re also available to help in person at your local office.

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Consumers business services

Do you have business banking questions? Contact our knowledgeable business development managers.

Learn more

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