A new study, titled How the Disciple Became the Guru, was recently released by the Kauffman Foundation. I’ll let the experts from Duke and Harvard, who authored the report, explain:

I got an e-mail Monday afternoon about an event starting the next day that would continue throughout the rest of the week. It was referred to as a “massive poster shipping party.”  These four words didn’t really seem to go together, but I was pleased to be invited nonetheless.

 The e-mail explained that people could help as they were able — purely on a volunteer basis — and that free pizza would be provided to show appreciation. There were also a few more paragraphs, but I didn’t really read much after the "free pizza" part.

 I was in our conference center for most of the next couple days, helping to prepare a shipment of the latest labor law compliance posters (you know, the laminated ones you’ve pretended to be interested in during awkward breakroom encounters). The process involved rolling the posters up and stuffing them into tubes, which were then sealed and slapped with a shipping sticker. Since the work didn’t require a great deal of concentration, the atmosphere was pretty relaxed and we got to watch DVDs on the conference center screens. The women took the helm for media selection, which meant that we rolled and stuffed to the likes of "Footloose" and "Jon Bon Jovi Live."

 Sometimes when you’re blocking out sensory information, you tend to focus on material you’d normally overlook. I became quite familiar with the content of the labor law posters, and if you haven’t updated yours in a while, you may want to do the same. Recent updates to the posters include:

• Military Leave Notice added due to Family Medical Leave Act amendment
• Federal Minimum Wage increase; 2007, 2008 and 2009 wages given
• Child Labor Law phone numbers updated and layout changed
• Indiana Minimum Wage updated on state posters to reflect new federal wage

So as I head into July 4th weekend, I just hope my festivities aren’t interrupted by Bon Jovi tunes running through my brain.

And as for your compliance needs: You might be thinking, “I don’t have to get new posters. It’s My Life.” However, not having updated posters is against the law. You’re Livin’ on a Prayer if you don’t have them displayed, and getting nabbed for it can be a shot through the heart. Bah!

A small number of businesses are making a large impact on Indiana’s economic landscape. The numbers are in a new Indiana Chamber Foundation study titled Accelerating Growth in Indiana’s Mid-Market Companies.

Digest these digits: mid-market firms (those with annual sales between $5 million and $100 million) account for 3% of all the state’s for-profit organizations, yet provide 30% of the jobs and more than 40% of the sales for that same group. Additional data, an online survey and one-on-one interviews with mid-market company leaders indicate there may be a tremendous opportunity to enhance the state’s economy.

The further purpose of the project is to find ways to help these already successful Indiana companies grow even more. The details are outlined in a press release, 12-page study summary and audio commentary from foundation leader Mark Lawrance.

Take a look, review the numbers and let us know what you think.

Floods have definitely taken a collective toll on Indiana this month. According to the Indy Star, at least 70 businesses have suffered flood damage and a major hospital had to be closed in Columbus.

For those looking to either recover or prevent future disasters from destroying your business, the Indiana Chamber has created Disaster Planning and Homeland Security for Indiana Business. The book, authored by Ice Miller, LLP, outlines what businesses need to do to make sure their finances are in order during not only natural disasters, but chemical spills, acts of terrorism, etc.

Click here to learn more about the book or to order online.

If someone in your staff or family recently stated Richard Lugar was doing an admirable job as governor, you might want to read this:

National candidates garner most of the media attention during presidential election years. This has been especially true as the 2008 election season heats up with the intense battle for the Democratic presidential nomination.  Another truism, though less publicized by the mass media, is that all politics begin at the local and state levels.

Many of the laws and regulations that affect Hoosier businesses and individuals are debated and enacted locally and by the Indiana General Assembly. The Indiana Chamber’s Let’s Talk Politics publication has been bridging the knowledge gap on political candidates and the election process for more than 35 years.

Let’s Talk Politics is a comprehensive yet efficient guide to both state and federal elections. Numerous Indiana schools utilize this publication to educate their students on all aspects of Indiana elections. Businesses and civic groups also utilize it to remind employees of the importance of voting.

Knowledge of political candidates and the election process is vital to the health of our democracy. Order Let’s Talk Politics now to stay informed. 
 

This is very valuable information from Allbusiness.com regarding the most common payroll mistakes:

Any business with employees must have a system in place for handling payroll activities, which includes paying employees, filing all necessary government forms, and paying taxes promptly. There are numerous aspects to payroll, particularly in larger companies with full-time and part-time employees plus independent contractors. Here are 10 of the most common payroll mistakes to be aware of:

1. Missing deadlines

2. Misclassifying workers

3. Neglecting to send 1099s

4. Poor record keeping and data entry

5. Not properly handling garnishments, levies, or child support

6. Miscalculating overtime pay

7. Leaving too much responsibility to the software program

8. Not saving payroll records

9. Not maintaining confidentiality

10. Not having adequate backup

Additionally, those looking for a tangible resource regarding wage and hour laws in Indiana can benefit from the Indiana Chamber’s Wage & Hour Guide, and have this important information at your fingertips.

Are you an educator who’s worried that your students think Johnny Appleseed was Indiana’s first governor? Do they believe Jefferson County was named after Weezie? Or are you concerned your pupils might perceive John Mellencamp as their state representative? Granted, "the Coug" is a staple around these parts, but as of yet he only sings at political events; he doesn’t campaign at them.

If any of these are true, then you have a Stage Five educational emergency. Any medical apprentice at Conner Prairie will tell you the traditional remedy for this has long been the Indiana Chamber’s Here Is Your Indiana Government book. Since its development in 1942, this book has been used by the community and hundreds of thousands of students at all levels to learn about Indiana and how Hoosiers govern themselves. It’s ideal for political and government teachers looking to add to their curriculum in the fall semester.

As Mr. Mellencamp poetically put it, "this is our country." So let’s all do our part by learning about it.