eESI Week’s Best – April 28 – Block Chain Technology | 5 Trends Providing Great Opportunities | Great New FLSA OT Rule Addition Moves Forward | New Green Card May 1

Blockchain technology … 5 new growth trend opportunities … Trump’s new green card … the average American income by age group … and, the advancement of a great addition to the FLSA OT Rule highlight some of the small business news we think you should be aware of this week …

Blockchain technology is the rave – a foundational, rather than disruptive, change to how business transactions take place.  How will it impact business?  Marissa Levin, in a guest post in Inc., Is Block Chain Technology the Ultimate Disruptor? sees it this way:

Say goodbye to the middleman for your financial transactions. Blockchain technology will change the way you do everything.

Perhaps.  Nearly everyone is talking about the potential impact of block chain technology; but, The Truth About Block Chain Technology in Harvard Business Review posits the notion that these foundational changes will take place a little more gradually than some.  Either way, it is a trend business owners should understand.

Entrepreneur’s 5 Trends Creating Big Opportunities for Entrepreneurs highlights promising new growth areas .  Author Ahmed Safwan writes, “From AI to new payment-system approaches, these tactics can work across a broad range of companies and business models … and, you can learn Which Jobs are Most Disproportionately Popular in Every State in Business Insider – map below.

 

 

In HR, the Washington Examiner reports that May 1 is the day President Trump begins issuing a new green card in his effort to help stem illegal immigration … and, SHRM reports that  a great new addition to the FLSA overtime rule that allows employees to select time rather than pay for overtime compensation has moved out of committee, and will soon be scheduled for a vote.  Currently, only government employees have that option.

And, Inc. posted new research on the average income by age group in the U.S. – where do you stack up?

 

Enjoy Your Weekend.

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Payroll Admin

Still doing your own payroll? Tasks involved with Payroll and Employee Administration are purely transactional events.

Human Resources

At ESI, our business is all about assisting with the management of any organization’s most valuable resource: people.

Employee Benefits

A benefit package can be a major incentive to lure the best new talent to your workforce and keep your current employees happy.

Risk Management

Risk is a basic part of business. As a co-employer we work to eliminate, mitigate or share your associated legal liabilities.

HCM Technology

ESI continuously utilizes the latest in technological advances through online and mobile solutions to make your life easier.