Minnsights Blog

Recently, the Minnesota Chamber Foundation's Whitney Harvey sat down with Laura Rescorla, Project Engineer with WSB, to discuss WSB's unique job training program, Opportunity+. 

Want to know why you should apply for Leaders Lab 2024? Hear what former participants have to say about the program.

Business succession and transition mark key points in a business’ life and the owner’s life. While representing a new era, business succession and transition (BST) requires significant effort and change from everyone involved. BST planning can help ensure long-term, sustainable success and a smooth exit for the owner.  

Employers are also mandated to provide one hour of fully paid sick time for every 30 hours worked, up to 48 hours a year with a carry over up to 80 hours, including temporary and part-time employees. Employees must be paid at the same rate they would earn if they were working. Employees may take this time off to care for a broad-based definition of “family members.” The Department of Labor and Industry (DLI) oversees compliance and penalties and can be used in tandem - “stacked” - with Paid Family Medical Leave. This will take effect January 1, 2024.

This year, the Legislature passed the most sweeping paid leave mandates on business in state history. Despite more than 80% of Minnesota members offering leave to their employees, the state now mandates all employers to grant employees sick, safe and paid time off equaling nearly 40% of a work year.