7-26-22 – Write a Powerful Code of Conduct To Guide Your Employees

This podcast is sponsored by SBS Accounting & Advisors.  Use the promo code FLASH and get 20% off your set up fee!  https://sbsaccountants.com/.---------- NEWS ROUNDUP1Last month, the US Department of Labor announced it was going to engage in new rulemaking on determining employee or independent contractor status under the Fair Labor Standards Act.https://blog.dol.gov/2022/06/03/misclassification-of-employees-as-independent-contractors-under-the-fair-labor-standards-acthttps://www.inc.com/ali-donaldson/new-rule-department-labor-employees-independent-contractors.htmlhttps://www.inquirer.com/business/labor-department-independent-contractor-rules-small-business-20220718.html---------- 2 The Strengthening Subcontracting for Small Businesses Act of 2022, which is now before the Senate, would require federal agencies to consider past treatment of small business subcontractors by large prime contractors when determining whether to award future contracts to those prime contractors.https://www.congress.gov/bill/117th-congress/house-bill/7694/texthttps://www.startribune.com/rep-staubers-small-business-bill-gets-house-approval/600190760/?refresh=truehttps://mfume.house.gov/media/press-releases/congressmen-kweisi-mfume-and-pete-stauber-pass-bill-to-protect-small-business-subcontractors----------  3T-Mobile and Apple are teaming up to offer a new cell phone plan for small businesses.https://www.reuters.com/business/autos-transportation/t-mobile-apple-sell-small-business-connectivity-plan-2022-07-21/---------- FEATURE – Write a Powerful Code of Conduct To Guide Your EmployeesYou need a Code of Conduct – a rulebook informing your team of the rules to play by.A Code of Conduct is too critical to mess up.  So how do you get it right?First, you as the management set the tone.Second, make the language as clear and down to earth as possible. Third, your code’s content should be multifaceted and wide-ranging.Fourth, the code should provide hypothetical, but realistic, examples of situations that may occur, and what the correct outcome or resolution would be.Fifth, have ongoing conversations and training around your code to keep it front and center in the minds of your employees.Finally, from time to time, check the pulse of your employees as to their perceptions regarding the company’s integrity.---------- I would love to hear from you! Please email me at [email protected] me at [email protected] give me feedback on the podcast.Show web site:  www.smallbizflash.com