3.17.23

Friday Five Business Briefing – March 17, 2023

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Consumers business services

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Here’s news you can use in a constantly changing business environment, including possible changes for noncompete agreements, why dedicated work phones are making a comeback, strategies to resolve labor conflicts and more.

  1. Noncompete agreements may be a thing of the past — The Federal Trade Commission has proposed a new rule to ban noncompete clauses, which hurt workers’ ability to earn and consequently harm competition. Learn about the proposed rule and how it could change what employers can require of their staff.

 

  1. Work phones are making a comeback — As more offices ban WhatsApp and TikTok, separate phones for work and personal use are no longer a thing of the past. Discover why some employers are choosing to provide separate phones for their employees.

 

  1. Is this crucial piece missing from your hiring process? – Not only does empathy attract the best talent, but it’s also a key ingredient in making your company a great place to work. Explore these four ways to bring empathy into your hiring process.

 

  1. Why dementia matters to employers — Employers need to be aware of what dementia costs caregivers and how education and prevention can lower the number of elderly Americans who are impacted by the disease. Learn about these five things employers should know about the cost of dementia.

 

  1. Strategies to resolve labor conflicts — HR managers do more than recruit talent; they also help navigate disagreements. Check out these strategies from seven HR professionals to help resolve labor conflicts.

 

Thank you to our Friday Five sources: Federal Trade Commission, LA Times, Inc., Employee Benefit News and Forbes.

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

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Consumers business services

Do you have business banking questions? Contact our knowledgeable commercial loan officers.

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