Blog By: Jeanne M. Hines, SPHR
Many years ago, a labor shortage was predicted to start in 2010. The forecasters didn’t expect our country to go into a slump and then into the biggest economic downturn since the Great Depression. The result was a labor surplus for a few years, when our unemployment rate grew to record highs.
Taking a look at the weekend newspapers, it would appear that the job market is starting to expand once again. The earlier predictions could be coming to fruition, as 10,000 Baby Boomers turn 65 each day. This phenomenon will continue for the next 17 years.
As the job market tightens up, employers will become strong competitors for the best talent available to fill their job orders. Seasonal demands and inexperience may lead some employers to take shortcuts that could result in costly fines to their business. Don’t be one of the many who “didn’t know.”
An easy thing you can do is to ensure that the posters required for all businesses are current and displayed in an area accessible to current employees and job applicants. State posters are available free of charge from the Minnesota Department of Labor and Industry, or you can purchase a laminated combination poster from a private vendor. Minnesota requires postings about age discrimination, minimum wage and overtime, safety and health on the job, unemployment, and workers’ compensation. (Don’t forget to enter the name and telephone number of your workers' comp carrier.) You can find federal posters on the Department of Labor website, www.dol.gov. It’s also the time of year when you’ll want to post your OSHA 300 log.
Ensure that your job applications are compliant with current laws and that any pre-employment testing, interview questions, substance abuse screening or background checks are compliant. If you have questions about any of these, please be sure to attend our Pre-Employment Compliance webinar on February 18th at noon. You can register here. We have limited space available and our slots are filling quickly.
Learn all you can about compliance in pre-employment activities and you’ll not only have great employees, but also keep your business from paying out your hard-earned profits in fines.