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Bike shop owner hopes tax credits will put money in employees' pockets

John Crandall

John Crandall
Old Town Bike Shop
Colorado Springs, CO

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Press statement

For Immediate Release: 5.14.2014

New Guide Walks Rhode Island Entrepreneurs Through Ins and Outs of State’s Temporary Caregiver Insurance Program

Washington, DC–In celebration of National Small Business Week, Small Business Majority released a comprehensive guide today to help Rhode Island small business owners understand the state’s recently enacted Temporary Caregiver Insurance program and how to take advantage of its benefits. The TCI program, which became effective in January, provides up to four weeks of wage replacement benefits to workers who need to take time off from work to bond with a new child or to care for a seriously ill child, spouse or family member.

“These type of policies help level the playing field between small businesses that want to offer this benefit but can’t, and their larger counterparts that can,” said Erik Rettig, Northeast Outreach Manager for Small Business Majority. “Small employers know policies like this create a happier and more productive staff, which in turn leads to increased productivity. Many small business owners think of their employees as family, so they support policies that enable them to foster a happier workforce while protecting their workers and their bottom line. Our hope is that the guide allows employers, including those who are so busy that they only have a few spare moments, to find the information they need to better understand this new program.”

Polling recently released by Small Business Majority found small business owners support publicly administered family and medical leave insurance pools, paid with payroll contributions by employees and employers.

In addition, Small Business Majority and its partners have been doing a full-court press over the past year to ensure entrepreneurs have all the educational tools they need to understand this law and other family medical leave policies across the country.

To get a full run-down of what Small Business Majority is doing to keep small businesses up-to-date about policies that affect them, visit our website.

To view the fact sheet visit: http://www.smallbusinessmajority.org/small-business-resources/workforce/rhode-island-caregiver-insurance.php


About Small Business Majority
Small Business Majority is a national small business advocacy organization, founded and run by small business owners to focus on solving the biggest problems facing America's 28 million small businesses today. Since 2005, we have actively engaged small business owners and policymakers in support of public policy solutions, and have delivered information and resources to entrepreneurs that promote small business growth and drive a strong, sustainable economy. We are a team of 37 working from our 14 offices in Washington, D.C. and 12 states, with a network of more than 40,000 small business owners and more than 2,000 business organizations, along with a formal strategic partnership program of more than 125 business organizations, enabling us to reach more than 500,000 entrepreneurs. Our extensive scientific polling, focus groups and economic research help us educate and inform policymakers, the media and other stakeholders about issues including taxes, healthcare, access to capital, entrepreneurship, workforce development, clean energy and immigration. Learn more about us on our website and follow us on Twitter, Facebook and Instagram.


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