Tag Archives: workforce

Super Committee failure a disaster for small biz

There are a lot of reasons to be disappointed with the Super Committee’s lack of common sense. But small businesses should be especially angry, says small business advocate Lloyd Chapman.

Fall out from the Super Committee’s lack of political courage “means that competition for federal contracts will heat up. And with less federal money to be had, Fortune 500 corporations are going to stake claim over all federal contracts, which represent hundreds of billions in purchases a year. This is a disaster for America’s 28 million small businesses, which employ more than half the private sector workforce,” Chapman wrote in a piece for the Huffington Post.

Read the full story here: The Super Committee punts, and the Odds Are Stacked Against Small Business

Tennessee slips in ranking of best states for business

Tennessee is the 18th best state for business in 2011, according to CNBC’s annual rankings. That’s down two spots from the 2010 list.

Virginia captured the top spot for the second straight year.

CNBC’s study considers 10 categories: Cost of Doing Business, Workforce, Quality of Life, Economy, Transportation & Infrastructure, Technology & Innovation, Education, Business Friendliness, Access to Capital and Cost of Living.

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What do your employees crave?

The employee-employer relationship is undergoing a massive transformation in the wake of the Great Recession, according to a global survey by professional services firm Towers Watson.

In today’s workplace, employees prefer the stability of a job for life with one company instead of jumping from job to job, the Global Workforce Study found.

Key findings of the survey of 20,000 employees in 22 countries include:

— Security and stability trump all.

— Employees know they are responsible for their own financial security, health, career and performance “but have serious doubts about their ability to take on these roles.”

— Mobility is low as many employees give up potential career growth for job security.

— Employee “confidence in leaders and managers is disturbingly low.”

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