Greetings and welcome to another legislative session! The Second Regular Session of the 72nd General Assembly kicked off on Wednesday, January 8, and started a 120-day clock wherein all bills must be passed by midnight on May 6th or they turn into pumpkins. Your CLS team will be sending out a weekly newsletter to keep you informed about all the important business and shenanigans that happen at the Capitol over the course of the next 117 days.
The session began with all the pomp and circumstance that adorns the opening day speeches of the legislative leaders. Senate President Leroy Garcia was more progressive in his remarks than anticipated, diving into issues like socioeconomic class disparities and money in politics. Garcia also criticized Republicans for their tactics last session and failed recalls over the summer. You can read President Garcia’s full remarks here. Speaker of the House KC Becker, in her speech, outlined the Democratic majority’s lengthy agenda on everything from criminal justice reform to tackling health care costs. Becker plans to continue the work that was started last year when Democrats took over all levels of state government but called on everyone to come to the table and work together. You can read Speaker Becker’s full remarks here. On the minority side, Senate Minority Leader Chris Holbert mostly talked about the need for transportation funding. House Minority Leader Patrick Neville took a more confrontational approach saying that he will fight many of the Democratic party policy priorities. You can read Minority Leader Holbert’s full remarks here, and Minority Leader Neville’s full remarks here.
After all the opening day speeches on Wednesday, Governor Polis addressed a joint session of the House and Senate on Thursday to deliver his second State of the State speech. Just before the speech began, anti-fracking protesters in the gallery erupted and unfurled a banner over the railing. Several protesters had to be forcibly removed and about two dozen where arrested on various charges. Once Polis began speaking, he dove right into his priorities of expanding preschool education, reducing the prison population, and lowering health care costs through a government-managed public option. You can read Governor Polis’ full remarks here.
Countering all of the lofty policy goals of the democratic leaders is the fact that the budget is expected to be extremely tight this year. The General Assembly is going to have to prioritize their goals in order to have enough money to pay for them.
There are several changes to the legislature to be aware of as we begin another session. The partisan divide remains the same – 41D-24R in the House and 19D-16R in the Senate. However, over the interim Representative Rochelle Galindo resigned and a Democratic vacancy committee selected Mary Young to represent her Greeley district. Representative Kimmi Lewis recently passed away and Richard Holtorf was selected by a Republican vacancy committee to represent her southeastern Colorado district. Finally, Senator Lois Court recently resigned due to health issues and a Democratic vacancy committee in east Denver has yet to name her successor. Representative Chris Hansen is a candidate for that vacancy appointment, meaning there are also potentially more vacancies coming so stay tuned.
Now to the bills, the General Assembly has been in session just a few days but there have already been 164 bills introduced – 91 in the House and 73 in the Senate. The first ten bills introduced in each chamber are usually a good indication of legislative priorities. The Senate introduced bills on behavioral health training for K-12 educators, rural economic development, a new state park, student loan repayment assistance, health care cost-sharing, opportunity scholarships, opioid treatment, water quality violations, adult education, and repealing the ban on local governments regulating plastics. The House introduced bills on regulating nicotine, college credit for work experience, rural economic development, wildfire mitigation, enhancing Safe2Tell, early childhood mental health, diverse teacher workforce, health care cost-sharing, records of eviction proceedings, and dealing with an accurate census count.
Additionally, health care is going to get a lot of attention this session. The main issue will be a bill yet to be introduced creating a "public option" insurance product that will generate plenty of controversy. As the bill is introduced CLS will keep you up to date on this issues it contains.
There will be much more to report as more bills are introduced, committee hearings get underway, and things really start to get wild.
Until next week…
Every year, FirstBank does something extraordinary to encourage Coloradans to donate to their favorite cause on Colorado Gives Day.
This year was no different.
FirstBank Officers and Executives went undercover as “vet techs” at several animal hospitals throughout the state to surprise families and their four legged companions, by paying for their entire vet bill, as part of its annual “Give it Forward” program.
The Colorado-based bank covered more than $40,000 in medical bills, ranging from $75 to upwards of $3,700, encouraging lucky recipients to consider "giving it forward" – even if it’s just $10 – to a charity of choice on coloradogivesday.org.
Watch the heartwarming video here: https://youtu.be/qa0mpYB4Ed8
The annual “Give it Forward” program has covered nearly $100,000 in bills for unsuspecting Coloradans since 2014. In previous years, FirstBank employees have posed as servers to pick up dinner tabs, pumped free fuel and bagged free groceries.
In addition, the company launched a series of nonprofit features, social media campaigns and TV ads using real-life crowd-funders (a maker of Griz Coats and creator of Emoji Dick) to challenge Coloradans to give their money to better causes.
As a result, FirstBank and partner Community First Foundation helped Colorado Gives Day raise a record-breaking $39.6 million for over 2,500 nonprofit last December. Since its inception, the bank has helped the online giving movement raise more than $250 million for Colorado charities.
For more information about FirstBank and its “banking for good” mission, visit efirstbank.com.
Three new City Council Members and one incumbent City Council Member were sworn in during a special meeting Jan. 6.
Centennial Municipal Judge Louis Gresh administered the oath of office to Candace Moon (District 1, incumbent), Christine Sweetland (District 2), Richard Holt (District 3), and Don Sheehan (District 4), who began serving four-year terms. The City bid farewell to Council Members Carrie Penaloza (District 2), Ken Lucas (District 3), and Ron Weidmann (District 4), with Mayor Stephanie Piko personally thanking each of them for their contributions to the community. Council Member Penaloza did not run for re-election and Council Members Lucas and Weidmann were term-limited.
Mike Sutherland (District 3) was elected as Mayor Pro Tem to fill the vacancy in that position created by the departure of Council Member Carrie Penaloza. The Mayor Pro Tem fulfills the duties of the Mayor when the Mayor is unavailable.
ZAC BROWN BAND
ROAR WITH THE LIONS TOUR PRESENTED BY POLARIS
Fiddler’s Green Amphitheatre
6350 Greenwood Plaza Boulevard, Greenwood Village, CO 80111
Friday, September 25 & Saturday, September 26, 2020 – 7:15pm
AEG Presents is thrilled to present ZAC BROWN BAND live at Fiddler’s Green Amphitheatre on Friday, September 25 & Saturday, September 26, 2020.
TICKETS GO ON SALE FRIDAY, JANUARY 17, 2020 AT 10AM AT AXS.COM
General Admission and Reserved tickets are $45.00 - $179.50 plus applicable service charges. All ages are welcome.
Zac Brown Band Announces Summer 2020 “Roar with the Lions Tour” Presented by Polaris
Tickets On Sale to General Public Starting Friday, January 17 at ZacBrownBand.com
Atlanta, GA (January 9, 2019) – Today, multi-platinum, Grammy Award-winning, Zac Brown Band announced new Summer 2020 Tour, “Roar with the Lions Tour” presented by Polaris.
The “Roar with the Lions Tour” will feature music from the band’s entire discography mixed with a dynamic selection of genre-crossing cover songs that are a signature mark of each Zac Brown Band show. The tour is grounded in the historic characterization of the lion, depicted as a symbol of strength, courage, and loyalty. Always counted upon to bring sunshine and warmth into the lives of others, lions are fearless, treating one another with dignity and respect, bravely walking through the forests they rule. At each show, fans can expect fiery performances and a rollicking good time. Special guest Gregory Alan Isakov will join the tour May 24 through June 27 and St. Paul and The Broken Bones will open the Wrigley Field show on September 9. Please see itinerary below.
“Our summer tour is inspired by the folklore surrounding the figure of the lion. I am a Leo, and all of the guys in the band are lions,” said Zac Brown. “They exemplify strength, courage, intelligence, and loyalty, and work in tandem to defend their territory and one another. The crowd is our pride – rooted in togetherness and fiercely loyal. They always show up for each other, no matter what, just like our fans always show up for us. We can’t wait to hear you roar with us!”
Zac Brown Band is one of the most successful and consistent touring acts of the last decade and regularly claim a top spot in Pollstar’s Live75 charts. The Boston Globe praised the band’s live show saying , “[Zac Brown Band’s] blend of chops, spirit, and knowing exactly how to please a crowd has made them one of the summer concert season’s most reliable draws, always ready for a good time but also keenly aware of how to keep an audience on its toes.” Zac Brown Band currently holds the record for most consecutive sold out shows at the historic Fenway Park and was recently named by The Boot one of the ’10 Best Country and Americana Live Acts of the 2010’s.”
The Summer 2020 “Roar with the Lions Tour” will come directly on the heels of the upcoming spring 2020 leg of “The Owl Tour,” featuring 18 stops across the United States and Canada.
Tickets will go on sale to general public beginning Friday, January 17 at 10am local time at ZacBrownBand.com. The Zamily Fan Club pre-sale will begin on Tuesday, January 14 at 12pm local time. Citi is the official presale credit card of the Zac Brown Band Summer 2020 “Roar with the Lions Tour.” As such, Citi cardmembers will have access to purchase presale tickets beginning Wednesday, January 15 at 10am local time until Thursday, January 16 at 10pm local time through CitiEntertainment SM. For complete presale details visit www.citientertainment.com.
All dates, cities and venues below are subject to change. For tickets or more information please visit ZacBrownBand.com.
Summer 2020 “Roar with the Lions Tour” Dates
May 24, 2020
Bank of New Hampshire Pavilion*
May 25, 2020
Bank of New Hampshire Pavilion*
May 29, 2020
Xfinity Center *
May 30, 2020
XFINITY Theatre *
May 31, 2020
St. Joseph’s Health Amphitheater at Lakeview *
June 4, 2020
Virginia Beach, VA
Veterans United Home Loans Amphitheater at Virginia Beach *
June 5, 2020
PNC Music Pavilion *
June 12, 2020
Budweiser Stage *
June 13, 2020
Saratoga Springs, NY
Saratoga Performing Arts Center*
June 14, 2020
Darien Lake Amphitheater *
June 18, 2020
S&T Bank Music Park *
June 19, 2020
BB&T Pavilion *
June 20, 2020
June 25, 2020
Bethel Woods Center for the Arts *
June 26, 2020
New York, NY
Citi Field *
June 27, 2020
Jiffy Lube Live *
July 24, 2020
Twin Cities Summer Jam +
July 25, 2020
Great Jones County Fair +
Aug 7, 2020
Sep 10, 2020
Cuyahoga Falls, OH
Blossom Music Center
Sep 11, 2020
Ruoff Music Center
Sep 12, 2020
Sep 19, 2020
Toyota Stadium (National Soccer Hall of Fame Induction Weekend) ++
Sep 25, 2020
Fiddler’s Green Amphitheatre
Sep 26, 2020
Fiddler’s Green Amphitheatre
Oct 16, 2020
Oct 17, 2020
Oct 18, 2020
* Denotes special guest Gregory Alan Isakov
** Denotes special guest St. Paul and the Broken Bones
+ Denotes festival stops
++ Denotes special stop
ABOUT ZAC BROWN BAND:
Zac Brown Band is a multi-platinum, Grammy Award-winning, southern rock group led by front man, Zac Brown. Throughout their decade-long career, Zac Brown Band has had six consecutive albums reach the top 10 of the Billboard 200 and five consecutive albums debut at #1 on Billboard's Country Albums chart. To date, the group has won three Grammy Awards including Best New Artist in 2010, sold more than 30 million singles, 9 million albums, has achieved 15 #1 radio singles and are the second act to top both the Country and Active Rock formats. Zac Brown Band has headlined 7 North American Tours and currently holds the record for most consecutive sold-out shows at the iconic Fenway Park. Since their debut, Zac Brown Band has developed a reputation with critics and fans alike as one of the most dynamic live performers, marked by strong musicianship that defies genre boundaries.
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. With annual 2018 sales of $6.1 billion, Polaris’ high-quality product line-up includes the Polaris RANGER, RZR and GENERAL side-by-side off-road vehicles; Sportsman all-terrain off-road vehicles; Indian Motorcycle mid-size and heavyweight motorcycles; Slingshot moto-roadsters; snowmobiles; and deck, cruiser and pontoon boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with parts, garments and accessories, along with a growing aftermarket portfolio, including Transamerican Auto Parts. Polaris’ presence in adjacent markets includes military and commercial off-road vehicles, quadricycles, and electric vehicles. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
Zac Brown Band Media Contact:
GET ALL YOUR TICKETS - ONLINE AT WWW.AXS.com or CHARGE TICKETS BY PHONE, CALL 888.929.7849
For Private Boxes and other Premium Seating options, please contact Scott Amerman at (720) 418-7115 or [email protected]
Come in from the cold for some hot deals on cool reads at the Used Book Sale at Smoky Hill Library, which will be held Thursday, January 23, 9 am-8:30 pm; Friday, January 24, 9 am-6:30 pm; Saturday, January 25, 9-4:30 pm; and Sunday, January 26, 12-4 pm at Smoky Hill Library, 5430 S. Biscay Circle, Centennial.
The sale, which is coordinated by the Friends of Arapahoe Libraries, will feature an expanded selection of books, including hardbacks, paperbacks, children’s and better books all at various prices. Sunday is bag day – we provide the bag and you fill it for only $7.
Through the sale of used books, the Friends of Arapahoe Libraries raises funds to support programs and projects for the libraries, including events, materials, equipment and more. During 2019, the Friends granted Arapahoe Libraries more than $100,000.
For more information, or to become a member of the Friends, visit arapahoelibraries.org/used-book-sale, or call 303-LIBRARY (303-542-7279).
About Arapahoe Libraries
Arapahoe Libraries serves 250,000 patrons and includes eight community libraries, a jail library and a Library on Wheels in Arapahoe County, Colorado. For more information, visit arapahoelibraries.org.
Shared from https://www.desks-incorporated.com/post/start-the-new-year-with-an-organized-desk
Whether you work in a home office or in a giant corporate headquarters, your desk is your home away from domestic life. While some of us have pristine desks, most of us have clutter, disorganization and some level of chaos. As we head into the New Year, why not resolve to have a more organized desk so you can be more productive, have everything you need at your fingertips and don’t cringe every time you sit down to start working? Here are a few genius hacks from the design experts at Desks, Incorporated in Denver, Colorado.
1. Create personal space for your belongings, like your wallet, keys, phone or purse. By putting them away, you’ll reduce the amount of distraction they can bring, as well as recue clutter.
2. Organize your computer desktop. Can’t find anything on your desktop? Digital messes can also be distracting. It’s hard to get to work if you can’t find what you’re looking for on your computer. Create folders and streamline your home screen. It will make work easier.
3. Get rid of stuff. Before you can get organized, you have to eliminate the stuff you don’t need, like that Secret Santa gift from two years ago. Ask yourself if you really need/use it. If you don’t, get rid of it.
4. Straighten your desk before you leave each day. You’ll start your day more peacefully when you’ve got a clean desk for a fresh start each morning.
5. Get rid of paper. Scan your documents and save the files as PDFs instead of trying to store paper everywhere. For the paper you must have, make sure you’ve got a place for those folders so they don’t pile up on your desk.
6. Organize your papers using a two-tray system. One if for papers to be reviewed and dealt with. One tray is for things that need to be addressed or filed.
7. Use a digital calendar to keep track of your projects, memos and notetaking. Then you won’t need Post-It’s and scraps of paper reminding you of projects and tasks.
8. Keep a trash can under your desk so you can toss that unneeded paper and trash every day.
9. Tether and organize your cables. A messy pile of wires on your desk is distracting. While you’re at it, don’t keep your modem and router on your desk, either.
10. Create a charging station, so your devices are always ready to go.
11. Put office supplies in a desk drawer instead of in a desk caddy. It will make your desk seem less cluttered and you’ll still have access to your stuff.
12. Do a deep clean every Friday before you leave for the weekend. File stuff, get rid of papers and trash, organize your work for Monday morning so you can start fresh.
New Council Members Sworn In
Three new Centennial City Council Members and one returning City Council Member were sworn into office Jan. 6 during a special meeting preceding the regular Council meeting.
Candace Moon (District 1, incumbent), Christine Sweetland (District 2), Richard Holt (District 3), and Don Sheehan (District 4) took the oath of office and began serving four-year terms. The City bid a fond farewell to Council Members Carrie Penaloza (District 2), Ken Lucas (District 3), and Ron Weidmann (District 4).
Apply for a City Board, Commission or Committee
The City of Centennial is currently accepting applications for all Boards, Commissions and Committees. The appointment process has changed and terms for members will expire yearly in March and all selected applicants will begin serving their terms in April.
For more information or to submit an application online, fill out this form. The application form can be used to apply for more than one board or commission. Applicants selected for an interview will be contacted via e-mail. The deadline to apply is February 29 at 5 p.m. Contact the City Clerk’s Office at [email protected] with questions.
Tree Recycling Available Through Jan. 12
Don't throw away your Christmas tree; give it another life by recycling it! The City of Centennial, Arapahoe Park and Recreation District and South Suburban Parks and Recreation District are providing residents with an opportunity to appropriately and safely dispose of Christmas trees. Through Sunday, January 12, 2020, Centennial residents can dispose of clean, non-ornamented, non-decorated Christmas trees seven days a week from sunrise to sunset at the two Centennial locations listed below. Artificial trees will not be recycled.
East Side Residents
Lookout Park, 5455 S. Riviera Way
Piney Creek Hollow Park, 6140 S. Tower Road
It is anticipated free mulch will be available for private use, on a first come first serve basis, at Lookout Park starting Friday, December 27 and every other day after that, excluding holidays, weekends and snow events.
West Side Residents
Willow Spring Service Center, 7100 S. Holly St., in the designated enclosure by the front gate.
Residents can obtain free mulch, on a first come first serve basis, from the Willow Springs Service Center. The mulch will be available weekdays, 7:30 a.m. - 3 p.m. Residents are responsible for loading and are encouraged to bring bags or trash cans and a shovel or pitchfork.
Denver, COLO, December 17, 2019 – Wings Over the Rockies Air & Space Museum and the Jeppesen Aviation Foundation today announced that they have joined forces to create the Wings Over the Rockies Captain Jeppesen Foundation, a new 501(c)(3) organization. The foundation’s mission is to support Wings Over the Rockies Air & Space Museum in being a leader in providing aerospace educational opportunities fulfilling youthful dreams in the spirit of Captain Elrey B. Jeppesen and his legacy.
Captain Jeppesen was an aviation pioneer who made lasting contributions to aeronautical navigation and the safety of flight; everyone who travels by air is the beneficiary of his lifetime work. Captain Jeppesen’s passion for flying and his dedication to safety serve as an inspirational model for young people as they explore career paths in aviation.
Going forward, the newly formed Wings Over the Rockies Captain Jeppesen Foundation will continue to raise funds and award numerous aviation scholarships and grants leading the creation of opportunities to advance aerospace education. Also, the new foundation will be the steward of the Elrey Jeppesen memorabilia on display at Denver International Airport, as did the former Jeppesen Aviation Foundation.
"We're very excited to be part of Wings Over the Rockies, since we share a common interest in encouraging young people to pursue aviation careers,” said Sandy Stedman, president of the Wings Over the Rockies Captain Jeppesen Foundation. “This new partnership is particularly important in the face of the growing pilot shortage. This new arrangement will allow us to expand our scholarship activities for the next generation of aerospace leaders and to collaborate to preserve Captain Jeppesen's legacy."
“The Wings Over the Rockies Captain Jeppesen Foundation is a crucial next step in the evolution of Wings Over the Rockies and aviation education in Colorado,” explained Wings Over the Rockies president and CEO, Maj Gen John Barry, USAF (Ret). “We are excited to be joining the Jeppesen Aviation Foundation to offer unprecedented opportunities in aerospace and to help the aviation and space industries prosper for decades to come.”
For additional information on the foundation visit www.wingsmuseum.org/foundation.
About the Wings Over the Rockies Captain Jeppesen Foundation:
The Wings Over the Rockies Captain Jeppesen Foundation is a Colorado-based non-profit organization committed to enabling aerospace educational opportunities to fulfill youthful dreams in the spirit of Captain Elrey B. Jeppesen, and to supporting Wings Over the Rockies initiatives to educate the public about aerospace.
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Accucode Expands with Opening of First 3D Electronics Service Bureau in the U.S. and Purchases Second DragonFly System
NESS ZIONA, Israel, November 19, 2019 – Nano Dimension Ltd., a leading additive electronics provider (NASDAQ, TASE: NNDM), announced today that US-based reseller, Accucode, is opening the world’s first service bureau for 3D printing of electronics, focused on serving the market with end-to-end prototyping and low-volume additive manufacturing services for electronics.
Nano Dimension also announced the sale of a second DragonFly LDM precision additive manufacturing system to Accucode. Accucode, a technology systems integrator and software development firm, now has one DragonFly system installed in its Colorado-based facility in Denver and the other in Richardson, Texas. The two DragonFly systems will support Accucode’s 3D electronics service bureau, which is currently open for business.
With the DragonFly system’s unique ability to 3D-print conductive metal and polymer simultaneously with high precision, the service bureau will provide a cost-effective production solution to produce one-off functional boards and test them quickly. The solution also allows experimentation with unique designs that are not constrained by traditional PCB manufacturing processes. Services offered include products and components with integrated functionality such as printed circuit boards with side mounted and inserted components, functional capacitors, vertically stacked integrated circuits, DC-to-DC power converters, antennas and RF devices. The new service bureau will be co-managed by Accucode 3D, the 3D printer division of Accucode, and The 3D Printing Store, which recently merged with Accucode 3D to offer 3D design, printing and scanning services for business and consumers.
“Building on our experience of thousands of additively manufactured electronics parts, with the help and collaboration of Accucode’s dedicated service bureau, we are now scaling our business to enlarge our reach. Customers that wish to benefit from our disruptive technology can easily have it now through a service thanks to Accucode.” said Amit Dror, CEO of Nano Dimension. “For us, the opening of a dedicated service bureau represents Accucode’s strong belief in our technology and the continuation of a long and prosperous journey together to expand our market reach.”
“We have seen increasing growth in the number of businesses looking for functional electrical prototyping and manufacturing solutions. Nano Dimension’s technology and expertise helps us provide a direct path to achieve that,” said Debra Wilcox, CEO of Accucode 3D and The 3D Printing Store. “We are very excited about the prototyping and manufacturing options the Nano Dimension’s unique DragonFly technology offers our customers across aerospace, telecom, consumer electronics, and IoT devices. It provides the best solution to reduce prototyping costs, development time and geometric complexities, while providing our customers with a clear path to innovate and stay ahead of the competition.”
“Additive manufacturing is ready to disrupt the electronics manufacturing sector,” said Kevin Price, CEO of Accucode. “Our teams in Dallas, Denver and Ireland are ready to support customers through the disruption processes. Our service bureau can design, print, populate, and deliver working electronics in days. We can potentially deliver this at a significant cost savings over today’s production options. From quantities of 1 to the 1,000’s. This is a dream come true for designers, inventors and manufacturers of many things. Nano Dimension has been a great partner and we are excited by this opportunity.”
About Accucode, Inc.
Accucode, Inc. is one of the largest and fastest growing private companies in the United States. Accucode is a leading technology systems integrator and software company specializing in the application of mobile computing, networks, AIDC, 3D printing technologies, and artificial intelligence. Accucode, Inc. is a technology disruption platform that applies to almost any industry or problem set. For more information, visit https://accucode.com/. For more information about Accucode 3D, visit https://accucode3d.com/.
About Accucode 3D
Founded in 2015, Accucode 3D offers cutting-edge 3D printers and 3D scanners to businesses involved in a variety of industrial applications, ranging from engineering and manufacturing to dental and aerospace. Accucode 3D works with 3D printer vendors and 3D resellers, offering boutique distribution services to help grow their business. By leveraging an experienced team of technicians and well-established depot centers in the United States, Accucode 3D is uniquely qualified to help 3D resellers and vendors grow their footprint across North America. For more information about Accucode 3D, visit www.accucode3d.com.
For business owners, the decision to hire is complex. Can you afford to? Can you afford not to? Before you decide, you will need to assess the costs of a new hire.
Here are some guidelines to remain objective, calculate potential costs and help consider all your options.
When to hire employeesYou might decide to hire a new employee when:
• You currently have more work than you can handle.
• You want to accept more work in the future but can’t, unless you hire new help.
• You want to offset your current workload by sharing it with a new employee.
Determine the health of your bottom lineIf any of the above apply, you will want to estimate the costs associated with hiring an employee and how those costs will affect your bottom line. In fact, the costs start adding up before you sign the first paycheck.
Recruitment— Whether you post a free online ad or use a recruiter, the process of creating a job description, posting ads, reading resumes and interviewing takes time. That means time away from other work.
Salary — Calculate the salary or hourly rate you are willing to pay. Take into consideration the competitiveness of the job market and typical pay rates in your area.
Taxes— Figure the cost of federal and state unemployment taxes, plus the employer-paid portion of Social Security and Medicare.
Benefits — Health care is a major concern for potential employees and a major expense for you. In addition, consider the impact of vacation time and sick leave, employee savings or retirement plans, professional organizations, etc.
Job-specific costs — What will a new hire need for the job? Calculate expenses, such as office supplies, uniforms, computers and office space. Don’t forget to include software licenses, phone plans and work-related vehicles. Worker compensation insurance varies depending on the industry and type of job.
Training— Even the most qualified new hire will need time to adapt to your process and culture. It is likely that some specialized training will be required, too. The time it takes for a new hire to get up to speed can range from a few days to weeks or months.
ROI— How long will it take for your new hire to make a difference in your bottom line? This is more easily measured in a sales position, but for any new hire, consider the impact he or she will make in the next month, six months and 12 months.
Consider different remediesBefore you set the hiring process in motion, think strategically about what you want this new hire to accomplish. Write a job description and be as specific as possible. Could a part-time employee or contractor fill this role? Is it a year-round job, or do you just need extra help getting through a seasonal uptick? Could the job duties be divided among existing employees?
You should also consider whether hiring a new employee fits in with the long-term vision for your company. How many employees can you comfortably manage?
Avoid the side effects of understaffingDespite the costs of hiring, the costs of not hiring may be greater. If you prefer your business to remain the size it is, then hiring a new employee may not be a good idea. The potential long-term effects of not hiring include:
1. Limiting your growth
2. Damaging the morale of employees who are already overworked
3. Suffering burnout from managing too much
4. Letting customer service slide
5. Seeing quality suffer because current staff must work faster or take shortcuts.
In addition, you may find you don’t have enough time to focus on the big picture because you are continually putting out fires caused by insufficient support.
Although the question of if, or when, to hire employees may include numerous costs and considerations, which may be daunting at first, it might be worth the investment for the sake of long-term growth.
There’s always more to learn about managing your business, so please continue reading at usbank.com/small-business.