Many would think that during a coronavirus pandemic, the least of our worries is finding people willing to work but yet that is the encounter many business owners are facing this summer. The Great American Labor Shortage of 2021 is driven not only by health-related fears but also as the largest working generation, Millennials and Gen-Z shift their mindset regarding work-life balance.

Join Henry as he uncovers the five most common reasons why Millennials and Gen-Z are making career changes and how business owners can best adapt to this changing tide. The five most common reasons also displays how business owners can shift with the times and offer practical solutions to not only attract but also retain talented employees in turbulent times.

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It doesn’t matter what you call ‘em: solo entrepreneurs, gig workers, or the self-employed. In our modern times, the number of individuals working for themselves has never been higher. The freedom and flexibility is of significant importance but it comes with the trade-off of a structured retirement plan. Fret not, if you’re an entrepreneur, read on for your retirement savings options.

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If you’re a small business owner, solo entrepreneur, gig worker, or self-employed and have maxed out your retirement limit, be sure to check out whether the defined benefit plan is appropriate for you. If you’re capable of contributing more than the usual $55,000 a year, this should be in your arsenal of retirement savings tools.

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