OSHA has issued a final rule regarding record-keeping of workplace illnesses and injuries. The final rule’s amendments clarify employers’ obligations, but they do not add any additional compliance requirements.
The final rule reads, “The duty to record an injury or illness continues for as long as the employer must keep records of the recordable injury …
Measuring operational profitability is a complex process. AgStar’s Lori Teigin shares some insight into this process. Here are some of the factors involved in calculating profitability:
Accrual: Teigin explains, “From a lender’s standpoint, accrual analysis, not cash, is the best way to look at how your business is performing.” (She goes into greater detail …
Efficiency and cost are significantly impacted when electronic and tech assets are not properly tracked – whether they’re lost, broken, or even stolen. Supply Chain 24/7 lists five ways the mismanagement of these assets will affect your business. Here are the top three:
Delayed jobs and services: If workers can’t do their jobs, that …
Every industry has speculated about what changes might occur once President-elect Trump takes office on January 20, 2017. Here are a few of the policy issues that could impact domestic manufacturing:
Tax: President-elect Trump has spoken at length about tax reform. He has proposed lowering the individual tax rate to 33% and the corporate …
It’s estimated that 20% of U.S. farms do not have a next generation who will take over. That means these business owners have begun to consider partnering with non-family members. Agricultural expert Dr. Dave Kohl has some advice for this process:
Make a list of business, family, and personal goals. What do you hope …
A new study gives an in-depth look into equipment leasing and purchasing trends. The study, released by the Equipment Leasing & Finance Foundation, found that 78% of businesses used at least one form of financing when acquiring equipment in 2015. This figure is up from 72% in 2012. Modern Materials Handling has some of …
Late yesterday, a federal judge in Texas blocked the Department of Labor’s ruling on overtime pay, which was set to take effect on December 1st. This is the ruling that would require employers to pay employees making under $47,476 per year at a rate of time and one half their regular hourly pay, for …
The U.S. Chemical Safety Board (CSB) recently released its strategic plan for the years 2017-2021. The CSB is responsible for investigating gas leaks and chemical spills, among other safety issues.
In the CSB’s press release, Chairperson Vanessa Allen Sutherland commented, “With the successful execution of our mission and strategic goals, the CSB will continue to …
Building on the success of corn mazes and pumpkin patches, farmers are finding new ways to bring visitors from the city out to their farms.
“One of the unique things about this whole idea of agritourism is that it’s an interface between agriculture and the urban population,” says Idaho grower Jim Lowe. “You’ve got to …
If you’ve not heard of the American Made Matters, it’s an organization “dedicated to educating consumers on the importance of buying American-made products.” It’s estimated that each dollar spent on American-made goods invests an additional $1.32 in the American economy.
Many Americans are aware of the need to encourage and sustain industry in our country, …
