Survey shows inflation tops a long list of employer challenges in 2022

Kris Johnson The soaring inflation rate has turned trips to the gas station, grocery store, shopping mall and restaurants into nerve-wracking experiences. Not to mention buying a used car or a sheet of plywood. But it isn’t just wreaking havoc on family budgets — inflation is setting off alarm bells for businesses, too. In a recent survey, inflation emerged as the No. 1 challenge facing Washington employers right now, edging out a long list of other concerns like finding enough workers,…

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Peoples Bank increases minimum wage

Effective July 1, 2021, Peoples Bank announced it would raise its base minimum hourly wage for all hourly employees to $17, with market adjustments in Snohomish and King counties. The base minimum wage in Snohomish County will be adjusted to $18.70; in King County, the base minimum wage will be adjusted to $19.55. The Bank…

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Peoples Bank announces two new appointments

Peoples Bank is pleased to announce the appointment of Lisa Hefter to the Peoples Bank and Peoples Bancorp Board of Directors. An executive with nearly 30 years of experience in community banking, Hefter has been involved in all facets of bank management and has contributed to the company’s tenfold growth during her tenure. Today, Peoples…

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Whatcom County businesses must step forward and make their voice heard

Things were normal. Then they weren’t. Then everything was closed. Then a few things could open—and that is where things have stayed. In early June Whatcom County moved to Phase 2 of the Governor’s Safe Start Plan, and for the time being that is where Whatcom County will remain. Per Governor Jay Inslee’s latest order,…

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In an economic downturn, you shouldn’t give up on marketing and sales

In an economic downturn, marketing and sales are often the first budgetary items to get cut. So, what can Whatcom County’s local businesses do to align what the community knows about their company (public relations), their value proposition (marketing), and close customers (sales)? They can begin by asking the following four questions. Question 1: Who…

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Rebound and Recovery website aims to help small business bounce back

By Kris Johnson We’ve all learned new terms and acronyms in the last few months, from “flattening the curve” and “social distancing” to WFH (working from home) and PPE (personal protective equipment). It’s remarkable how quickly COVID-19 has upended our lives and inserted itself into our daily rhythms. If you run a business, the terms…

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Tax increases considered as a solution to the coronavirus budget shortfalls

The impact of the coronavirus pandemic and the economic restrictions implemented to contain the spread of COVID-19 have had a dramatic impact on the state budget, with shortfalls as large as $10B projected over the next three years. While Governor Inslee has remained non-committal about the prospect of tax increases, members of his administration have…

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Workforce development 101

By its very nature, workforce development is a community prosperity initiative. After all, helping workers gain valuable skills attacks the roots of poverty. Training workers for living-wage jobs can help break the cycle of dead-end work. What’s more, boosting the skills of Whatcom County workers helps local companies fill important jobs so they can grow.…

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