Page 12 - October 20 2014
P. 12
PAGE 12 THE ANCHOR, MONDAY, OCTOBER 20, 2014

SMALL BUSINESS WEEK



October 19-25, 2014


Small businesses still challenged by




labour shortages and employee retention




According to the September 2014 Business the use of generic prescriptions,” notes McDougall. the family-owned corner store to the local coffee
Barometer results from the Canadian Federation of With Small Business Week in full swing, the time shop, small businesses play a critical role in driving
Independent Business, confidence in Alberta small is right to look at the challenges that local businesses Edson's economy, and so attention to employee
business owners is increasing, but labour has been are facing and the solutions to address them. From attraction and retention is critical.
identified as one of the biggest concerns. Small
business owners are dealing with labour shortages,
and more specifically, a lack of skilled labour, which
is contributing to sales issues and production growth SMALL SMALL
of their businesses. Week Week
According to Western Financial Group, a local
insurance broker that specializes in commercial risk BUSINESS BUSINESS
management, these labour challenges ring especially
true in Edson.
“We see this concern from our clients regularly,”
explains Stephanie McDougall, with Western
Financial Group. “Hiring great talent is only the
beginning. Too often a small business owner finds a
great employee, trains them and then ends up losing
them. Employee retention strategies are key.”
Small businesses are looking for ways to attract
and retain employees without just increasing
salaries, which is not always realistic in a new
enterprise. One major way to support hiring and A & W Restaurant
retention is through an attractive group benefits plan.
“Employee benefit packages are an effective way 4531 4 Avenue, Edson, Alberta TIMBERJACK BUILDING SUPPLIES LTD.
to stand out in a crowded hiring market,” explains Phone 780-723-4824 4920 - 2nd Avenue ON SALE NOW!
Mon.- Fri.
McDougall. “We recently conducted a national study Edson, AB 8 am 6:00 pm
Saturday
that found more than 60 per cent of Canadians say Fax 780-723-3933 Ph: 723-3980 9 am - 5 pm
that benefits are vital when looking for a new Name of owner/manager: Michael Szwec, Ryan & 723-4280
position, ranking only behind salary.” Stacie Eldstrom Name of owner/manager: Marcel Preville
Tellingly, the study also found that 72 per cent of Number of employees: 30 Number of employees: 35
Northern Albertans are more likely to say that Owned & Operated since 2001 Years of Operation: 38 years
extended health and dental coverage is very Mike & Stacie are second generation in the A&W took Service or Products: Building supplies, package sales,
important when mulling over a potential job. And over in 2007 garages, sheds, shops, house packages, plumbing,
although benefit packages can lead to further costs Service or Products: Fast food Restaurant electrical, hardware, housewares, kitchen cabinets.
when workers start making use of their policies,
small businesses are starting to mitigate additional
expenses by taking certain measures.
“For instance, 80 per cent of employee claims
come from prescriptions, but you can reduce the cost
by using dispensers with lower fees and allowing for










We would like to congratulate all of the nominees for this
year’s Edson Awards Gala! We have narrowed it down to
2 in each category, and the winners will be announced at
the Gala on October 24 at the Edson Legion.
Tickets are available at the Chamber office.
All nominees receive one free ticket and all sponsors
receive 2 free tickets.

SMALL BUSINESS OF THE YEAR
The Antique Place & Freedom Power Sports
MEDIUM BUSINESS OF THE YEAR
A&W & Integra Tire
LARGE BUSINESS OF THE YEAR
ATB Financial & Timberjack Home Hardware
BEST NON-PROFIT OF THE YEAR
The Edson Rotary Club & Habitat for Humanity
EXCEPTIONAL SERVICE OF THE YEAR

Darla Belley - Bannister GM &
Chris Valliere-Kowalachuk - Wild Lotus Weddings & Events
BEST BEAUTIFICATION OF THE YEAR
The Olive Tree & Jerry Ford
CITIZEN OF THE YEAR
Anne Auriat & Ruth Martin Williams
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