Optimism Up and Entrepreneurs Out, Compensation Boost, AI Innovation Incentives

A report finds that entrepreneurs are optimistic about business prospects but nearly one-third want to sell. Gene Marks says take the positivity with a grain of salt from the sellers, plus take advantage of buying a business that already exists. Employers struggling to find labor aren’t shy about paying more for what they can find, according to a report by the National federation of Independent Businesses, with nearly 50% increasing compensation to lure candidates. And speaking of money, KPMG is offering cold, hard cash to employees who start innovating with AI tools. 

Topics:

00:00 - Introduction 00:55 - Entrepreneurs Planning Exits 03:42 - Small Business Wages and Labor Market 06:11 - Incentivizing AI Innovation (KPMG's Case) 08:01 - Episode Wrap Up

Additional Resources

Meet Paychex: https://bit.ly/3VtM6bs

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