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Lowe's $6.5 million settlement provides 4 lessons for firms working with independent contractors
Independent Contractor Compliance
A $6.5 million settlement between Lowe's Home Centers and a class of its home improvement contractors was recently approved by a federal court judge in California. The contractors claim that they had been misclassified as independent contractors instead of employees. The settlement of this lawsuit permits us to focus on four takeaways (i.e., lessons) for other businesses that rely upon the use of independent contractors to supplement their workforce or that utilize an independent contractor or 1099 model.
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Construction industry adds 39,000 jobs in January
Associated Builders and Contractors, Inc. via For Construction Pros
The U.S. construction industry added 39,000 jobs in January, including 12,700 net new nonresidential jobs, according to the Bureau of Labor Statistics preliminary estimate released Feb. 6. December's estimate was revised downward from 48,000 to 44,000 net new jobs. With revisions, nonresidential construction expanded by 21,200 jobs in December.
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Can you sell more windows without spending any more on marketing?
An Ohio replacement contractor sold an additional $7 million in 2013 without spending additional money on marketing or leads. In this special report, they reveal how they increased revenue and lowered costs. "It's really an unfair advantage... but we'd be crazy not to do it." They open up their books, share their numbers, and prove how they boosted sales by 41%.
See How They Did It
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Global garage door industry report 2015
Globe Newswire
This report is a professional and in-depth study on the current state of the garage door industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The garage door market analysis is provided for the international markets including development trends, competitive landscape analysis and key regions development status.
Managing your online reputation
By Christina Thielst
Social channels provide tremendous opportunities to use your voice and find others with similar interests. Being on key social channels also makes it easy for customers, networkers and recruiters to find you and see if your education, skills, interests and goals match with their needs. However, careful consideration and management of one's reputation is imperative.
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Is your small business ready for a big credit card change?
Forbes
The U.S. is finally catching up to other countries by adopting widespread use of "chip and PIN" credit cards in 2015. The switch will mean a big change for businesses across the country, as it will require an upgrade to technology, including purchasing new credit card terminals and making software changes. And businesses that don't make the switch could be at risk.
US government turns up the heat on window film usage testing
Window Film Magazine
The federal government's confidence in window film continues.
Besides funding a new rating system, the Department of Energy recently released a report "Windows and Building Envelope Research and Development: Roadmap for Emerging Technologies," which includes window film as one of those technologies.
Energy efficiency is a great investment, so why aren't more people investing?
Fast Company
Energy-efficiency investments are the best type of energy investments. The American Council for an Energy-Efficient Economy says saving one kilowatt hour of power costs 2.8 cents on average, against a cost of 10 cents per kWh for producing actual power. Many companies have seen returns of 30 percent or more from doing simple things. And there's plenty of opportunity out there. McKinsey says the U.S. could save more than $1 trillion just by adopting available efficiency technology.
And yet, energy efficiency still isn't the hot ticket it might be.
Missed last week's issue? See which articles your colleagues read most.
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