As business owners, we're often so focused on keeping our customers happy that we neglect to look at the other side of the coin - our employees. So, whether you manage one hundred employees or just one, there's a long list of things to consider when you hire your first staff. Listen in as Martin and Khalil welcome Molly Aspan, a Labor and Employment attorney, to discuss labor laws and common issues that all business owners should be aware of.
Show Notes
As business owners, we're often so focused on keeping our customers happy that we neglect to look at the other side of the coin - our employees. So, whether you manage one hundred employees or just one, there's a long list of things to consider when you hire your first staff. Listen in as Martin and Khalil welcome Molly Aspan, a Labor and Employment attorney, to discuss labor laws and common issues that all business owners should be aware of.
Time Stamps
- 00:29 - Weather Changes
- 01:22 - Episode Intro
- 02:29 - Intro to Molly Aspan
- 04:52 - Molly's Background & Experience in Labor Laws
- 09:23 - Common Labor Issues
- 11:35 - Laws on Hiring Independent Contractors
- 18:42 - Why an Employee Handbook is Important
- 23:24 - Best Approach for SMBs
- 25:45 - Non-Compete, Non-Solicitation & Confidentiality Provisions
- 29:48 - At-Will Employment
- 34:26 - Signing Bonuses
- 37:53 - Typical Labor Problems for SMBs
- 41:46 - Job Descriptions
- 45:03 - Dealing with Mass Layoffs
- 48:38 - Migrant Workers & Multi-jurisdictional Employers
- 51:10 - Offering a Severance Pay
- 53:57 - Episode Takeaways
- 54:23 - The Future of Labor Laws & Regulations
- 56:49 - Employment Practices Liability Insurance (EPLI)
Quotable Moments
- “Most employment laws apply to all employers. So the moment you hire that first employee, there's a whole list of things to consider.” -Molly Aspan
- “When you ask what employment law is, it's basically anything dealing with your employees that comes into place. -Molly Aspan
- “Having a written job description prevents confusion and provides some clarity to employees bout what the expectations are of the job.” -Molly Aspan
Resources
More from Molly Aspan
More from Martin
More from Khalil
More from The Cashflow Contractor
What is The Cash Flow Contractor?
If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges.
We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.