Minnsights Blog

Workers' compensation is a crucial insurance program that provides benefits to employees who suffer work-related injuries or illnesses. While the primary focus of workers' compensation is on the well-being of employees, this insurance also offers significant benefits to businesses. In this blog post, we will explore the various advantages that workers' compensation can bring to your business.

As Small Business Week greets us again, I am thrilled that so many of the finer qualities of small business people are being celebrated. But as a member of this grand fellowship, I know that one quality, above all others, allows us to stay on this side of the sod. We believe we will succeed even when there isn’t a dollar on the horizon and misfortune is building a permanent basecamp in our lobby.

Pay transparency is when an employer is open and clear about pay for jobs at the organization and why people are paid what they’re paid.

Recently, the Minnesota Waste Wise Foundation celebrated it's 30th anniversary by united current and former team members, board members and community partners. Since its inception in 1994, starting with the 'It’s in the Bag' program and a focus on blue wrap in healthcare, the industry has evolved significantly. 

Despite the many changes that Minnesota’s economy experienced over the past two years, its labor market has remained remarkably stable. Minnesota ended December 2023 with a seasonally adjusted unemployment rate of 2.9%. The December before that in 2022, the state’s unemployment rate was also 2.9%. And the December before that in 2021, it was nearly identical at 3.0%. At the core of this stable job market lies two factors: one positive and one negative.