Articles

The Growth and Opportunity Imperative for America Source: U.S. Chamber of Commerce Today, many Americans do not feel like the economy is working for them. They’re feeling the burden of rising prices, homeownership seems increasingly out of reach, and the government is drifting further down the path of unsustainable debt and deficits with no clear…

2024-25 State Budget Breakdown Source: Pa Chamber of Business and Industry Below are key highlights from the FY 2024-25 budget and elements important to the business community. Total Spend Total General Fund spending of $47.6 billion for Fiscal Year 2024-25, representing a six percent increase in state spending over last year. Spends $740 million less…

Strategies for Improving Employee Retention in Small Businesses Offer competitive compensation and benefits to meet or exceed industry standards, ensuring employees feel valued and financially secure. Invest in professional development opportunities, such as training and workshops, to show a commitment to employee growth and career advancement. Create a positive and inclusive work environment where employees…

Mathematics for Decision-making: The 37% Rule Have you ever been stuck between multiple options and simply unable to make a decision? Of course, you have — you’re a human being. While the human brain is the most complex computing system known to man, people are still prone to finding big life decisions difficult. Nobody likes…

Last week in Legislature Source: PA Chamber of Business and Industry With negotiations still ongoing, the state House of Representatives and Senate returned to Harrisburg last week to continue working on the 2024-25 state budget, accompanying code bills, and other legislative initiatives tangentially related to the annual spending plan. Despite missing the June 30 budget…

Enhancing Workplace Satisfaction Through Employee Recognition Programs Employee recognition programs are essential for boosting morale, productivity, and job satisfaction through awards, bonuses, and public acknowledgment. Such programs create a motivational environment, fostering a sense of accomplishment and belonging among employees. Effective recognition reduces turnover rates, with studies showing over 40% higher engagement and less likelihood…

50+ Local Chambers of Commerce Across PA Urge State Investments inChild Care Teacher Recruitment and Retention Local chambers of commerce from across Pennsylvania, including the Columbia Montour Chamber of Commerce submitted a letter to state lawmakers urging them to address Pennsylvania’s continuous child care crisis. The letter, signed by more than 50 local chambers of…

SCOTUS Ruling Creates More Stable Regulatory Environment for Business Source: U.S. Chamber of Commerce In its decision in the Loper Bright and Relentless cases, the Supreme Court overturned its 40-year-old administrative law precedent from Chevron v. Natural Resources Defense Council, taking a major step toward improving the regulatory environment for businesses. Why it matters: The…

Innovative Hiring Strategies for Small Businesses Securing top talent is essential for small business growth, facing unique recruitment challenges. Innovative hiring strategies, like leveraging social media and advanced technologies, enhance recruitment and provide a competitive edge. Over 71% of recruiters use social media for hiring, tapping into a wider talent pool and engaging with candidates…

A Look Ahead at Legislation in Harrisburg House and Senate lawmakers are back in Harrisburg this week and, as always, the PA Chamber is currently monitoring several pieces of legislation with the potential to impact the state’s business community. Here is some of the legislation that employers should look out for in the week ahead.…