Our most popular services are our web management & design services and our life, health and dental insurance, we also have added automobile & home Insurance as well as guarantee issue health, life and disability insurance for those sectors like construction and welding that find it a challenge to get affordable coverages. Our equipment leasing, mortgage services and financing services are becoming a bigger part of PEI Business Federation and our services. So register today at www.peibf.com or call 902 940 5927 for more details.
Published by the Eastern Graphic | Full article here
History was made Friday when a group of Dr John M Gillis Memorial Lodge staff and administrators exchanged hand shakes as a new contract was signed between the community care facility in Belfast and the newly formed Gillis Lodge Employee Association.
“What’s really significant is the fact it’s the first time in PEI history I’m aware of that a sitting union was decertified and in its place we put in place an inhouse association owned and operated by the employees,” said Paul Trainor, administrator for the new association.
“It bypasses the employer versus union stuff that goes on and I think what we’re going to see is more Island firms wanting that as an alternative. Who better to fix the problems than the people that work there.”
Since 2014, staff at Gillis Lodge had been without official representation after ousting the PEI Union of Public Sector Employees with whom a majority of workers were no longer happy. “UPSE was in place but it just didn’t work for whatever reason,” said Mr Trainor.
The staff of approximately 125 were left nervous, not knowing where they were going to land. The energy in the workplace during that time was described as very negative and a stressful time for everyone.
With help from Mr Trainor who works for the PEI Business Federation, the group was able to put together a comprehensive contract to which both sides were more than eager to commit.
Jeffrey Haight works as a chef at the facility and is the president of the new employee association. Every department from administration to housekeeping is represented on the board ensuring policies are fair and encompassing of everyone’s needs with everyone on the board doing so in a volunteer capacity.
“It’s all about the residents here,” Mr Haight said “We’re working in their home and we respect them.”
Douglas MacKenzie, owner and administrator of Gillis Lodge looks forward to moving forward into the future. “This agreement will provide assurance to the staff of stable working conditions and management that can carry out its duties accordingly,” he said. “I would like to commend the staff for their dedication.”
With the new association in place, staff grievances will be handled differently as elected board members will take their own departmental concerns to management in a more streamlined fashion. “It keeps it much more civilized, professional, kind and balanced,” Mr Haight said.
The contract is a 45 page document that addresses the needs of every department.
Better wages, health and dental plan and a matched RRSP program are just some of the highlights but one of the biggest advantages to the in-house association is the major reduction in dues. Employees were paying about $500 a year but with the volunteer employee board representing them, staff will now pay $120 a year.
“They feel like they have this voice and they can say something and don’t have to hide in the corner,” said Mr Haight when asked if staff were on board with the new system. “They feel like they have support now.”
Mr Trainor hopes more small Island businesses will consider this unique alternative for their organizations.
When you're self-employed you are the key contributor to the success of your business, so consider the impact if you were unable to work due to a disability for any length of time.
Three Popular Start-Up Financing Options | U.S. Small Business Administration
By kmurray, Contributor and Moderator
Published: May 21, 2014
Thinking about starting a business? Recent studies and reports have shown that entrepreneurs are more optimistic than in recent years when it comes to the state of their businesses this year, and that’s great news! But always high on the list of concerns for starting a business – even in optimistic times – is financing. Here’s a roundup of some ways, aside from avenues such as SBA-backed loans, to finance your business.
According to expert Marco Carbajo, credit cards are a major source of financing for small business owners, with statistics even showing that more than 65% of small businesses using them on a frequent basis. It’s a popular approach, but you should be sure to do your research to determine if it’s the right one for you. Here are some tips from Entrepreneur.com (link is external) to help:
Asking friends and family to borrow funds to help finance your business sounds like it could get awkward, but it doesn’t have to. Treat the process just as professionally as you would an engagement with a bank. If you done right, you can potentially gain quicker access to the cash you need and jump through fewer hoops – after all, your friends or family already know you. Read more about borrowing from friends and family in our article here, but think about these highlights as you consider this option:
Increasingly, crowdfunding is becoming a popular way for people to get startup financing for their businesses. You’ve probably heard of Kickstarter campaigns – that’s crowdfunding. It works through a collective cooperation of people who network and pool their money and resources together, usually online, to support efforts initiated by others. So it gathers multiple, smaller investments as opposed to a single source of funding. You can read more about the details here, but here are three other key considerations from Entrepreneur.com (link is external):
Beyond a “traditional” track of securing a loan from a bank, there are quite a few avenues to consider for financing your business. And with passion, professionalism and planning, you’ll establish a good foundation for success down any of these paths.
“We’re now out of beta and accepting applications,” said Andrew Graham, chief executive of Borrowell, a 100%-online firm that aims to provide fixed term loans to Canadian retail borrowers on better terms than available through credit card companies or banks. “We believe Canadians deserve better borrowing options,” adds Graham, noting that developments in Canada lag behind what’s happening in other markets, particularly the U.S. and the U.K.
But the domestic market is huge. Based on estimates provided by Equifax, Borrowell says Canadians currently own more than $80 billion in credit card debt with a typical interest rate of 19.9 per cent or higher.
Borrowell will fund those fixed rate loans – indeed match them – through fixed rate term deposits with its team of backers that also include some prominent individuals.
Certainly the banks are aware of the potential competition that marketplace lenders offer. For instance:
Support for Small Business Online
Minister Findlay participates in Facebook's Small Business Boost launch to help small businesses learn the digital skills needed to succeed
January 20, 2015 – Coquitlam, B.C. – Industry Canada
The Honourable Kerry-Lynne D. Findlay, Minister of National Revenue and Member of Parliament for Delta– Richmond East, spoke to an audience of Vancouver- area small business owners and entrepreneurs at the launch of the Facebook Small Business Boost program. The Minister underscored the Harper Government's efforts to ensure that the right conditions are in place for entrepreneurs and small business owners to start a business and create jobs in the digital economy.
Minister Findlay noted the importance of social media and digital adoption in helping small businesses attract new customers and succeed. She further outlined how the government's plan for the digital economy, under Digital Canada 150, is creating opportunities for businesses of all sizes.
Facebook's Small Business Boost is a networking and information event organized by Facebook's Small Business Team to show local business owners best practices and strategies on how they can use Facebook to help grow and manage their businesses. The event features discussions with local companies that have used Facebook to find new customers and become more engaged with existing customers.
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Key Small Business Statistics
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The Fall session of the Legislature will resume on November 12 at 2 p.m. with the Speech from the Throne. “We will be building on the progress that’s been made by this Government on education, the environment, economic development and providing integrated health support to all Islanders,” said Premier Robert Ghiz. “While I’m pleased with the progress that’s been made to date, we understand there’s more work to be done to ensure this Island and it’s citizens are well supported for generations to come.”
Almost 30 pieces of legislation will be tabled, including the following:
• Environmental Protection Act
• School Act
• Teachers’ Superannuation Act
• Fisheries Act
• Highway Traffic Act
• Animal Care Act
“We’re looking forward to protecting the interests of all Islanders and making PEI an even greater place to live, work and raise a family,” said Government House leader Sonny Gallant. “I’d like to take this opportunity to remind citizens that House proceedings are open to the public and encourage people to get involved and watch.”
Visitors to the public gallery can follow on Tuesday and Thursday from 2 p.m. to 5 p.m. and 7 p.m. to 9 p.m., Wednesday from 2 p.m. to 5 p.m. and Friday from 10 a.m. to 1 p.m. Full proceedings are broadcast live on the Internet at www.assembly.pe.ca and on Eastlink television.
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