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ESTA, ESTA - Read All About It!

ESTA, Michigan’s Earned Sick Time Act continues to raise questions for employers, particularly smaller employers who offer limited paid sick time. For example: • If you have 10 or more employees (including full-time, part-time, and temporary employees), you are required to provide at least 72 hours paid sick time  • If you have less than 10 employees, you still need to offer 72 hours, but only 40 of those hours need to be paid.  • Employees can use the paid time off in amounts equal to "the smallest increment of time used by the employer's payroll systems for absences.  February isn’t that far away, so what should we be doing to prepare?

Should employers be evaluating their current time off policies and comparing them to the new requirements?

Absolutely, this is the time to look at what you do and what changes you should be making.

When should we implement these changes?

Our thought about this in August was that the law was not likely to be a priority for lawmakers during election season and probably would not change. However, there’s been significant lobbying since then, so we are encouraging our customers to hold off on any changes until the end of the year to see what develops.

What should I be looking for in my policy?

If you have 10 or more employees, you should be making certain that you provide 72 hours of paid time off, that you provide for employees to take that time for the reasons listed in the Act (Domestic violence, sexual assault, care for family members, etc.) and that they are able to accrue and  carry over up to 40 hours of unused time into the next year. Want more details? The state has published a helpful page of FAQ’s for employers who are working to plan ahead for the new law. We’ll continue to keep you posted as the news on this law evolves. Questions?  Our team is only a call away!

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR

Employees & Substance Abuse

One of the hardest issues a leader may face is an employee with a substance abuse issue. I wanted to learn more about managing this situation, so I took my Fun Socks notebook on the road and interviewed an expert.

In addition to being a great human, Sean Harris, Ph.D, LBSW is the Executive Director of the Recovery Institute here in Kalamazoo. His organization offers peer support services to people who have mental health and/or substance use concerns.

Here are some highlights from our conversation, minus the personal catch-up piece:

How do you know when an employee might be suffering from substance use  issues? 

Substance abuse challenges can appear in multiple ways. Some of the most common are poor job performance, absenteeism, poor attitude, variable mood temperament, and mistakes. These are important to watch for especially if they represent a change from an individual’s normal behaviors.

Can you ask an employee if they have a substance use issue? 

You can ask, but it is highly unlikely that they will acknowledge that they have an abuse issue. This is something that people stay in denial about, even to themselves.

How can you improve their situation? 

It’s best to focus on managing their performance, not on trying to identify a substance use issue. Set clear expectations and monitor their work. Address performance issues as they arise. If they come to you for help, offer support at that time. Until then, let them know you have an open door if they want to talk.

If you have an employee who fails a drug test, what can you do? 

Depending on your drug policy, you may have the option of terminating the employee or offering them assistance. If you offer assistance, include a plan for random drug testing to ensure compliance going forward.  

What if an employee admits to having a problem? 

You should refer them to your Employee Assistance Program (EAP), a qualified substance abuse counselor, or a treatment center for them to develop a treatment plan.

What is the success rate for employees with substance abuse challenges? 

Substance abuse is a chronic condition that is hard to overcome. Individuals often need to hit bottom before they can enter recovery. As leaders, the best route is to provide support and accountability. The employee will need to pick their own path.

Interested in learning more or supporting the work of the Recovery Institute of Southwest Michigan? Read more at:  www.RecoveryMI.org

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR

Are You Evaluating Employees or Developing Them?

While leaders inevitably complain about having to do reviews, they also say that they want to develop their employees. How do those two concepts coexist? Think of it like this: Reviews are foundational. If you don’t have good base information, you can’t develop a plan to encourage change and growth. To get that base, you need more than what a basic performance evaluation provides. After all, if the only information you share about an employee is whether they meet expectations, exceed them, or shouldn’t be working here, it’s hard to develop a targeted plan for their future. We encourage leaders to start with an evaluation process that includes the most important aspects of the job and provides behavioral examples of completing those successfully. Once you know how an employee compares, you can start the conversation about the knowledge, skills, and abilities they need to develop by looking at examples of what it would require for them to take their performance up a notch. A best practice is to schedule regular touchpoints to monitor progress and encourage their growth throughout the year. That opens the door to individual development plans and succession planning. Those are key to long term employee success and retention. Comfortable with the system you have now? When’s the last time an employee shared with you that their review was impactful in a positive way? If that’s not what you’re hearing, it may be time to reevaluate your process. Want to learn more about ways to evaluate performance that can be used as a basis for developing employees? The HR Consulting team at Rose Street is ready to help!

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR
Tuesday, April 23, the Department of Labor announced the new rule for a minimum salary threshold for exempt employees. Effective July 1st, 2024, the annual salary threshold for exempt employees will increase to $43,888. This is an increase of $8,320 from its current level of $35,568. Why is this important? The annual salary threshold is the minimum amount an employee can earn and still be classified as exempt. To be exempt from overtime eligibility, there are other requirements that still need to be met under the duties test, but this is a straightforward baseline minimum. Comfortable that your exempt employees earn more than $43,888? Hang onto your hat, the threshold will increase again on January 1st, 2025, to $58,656. Not certain if your employees are properly classified or need to move some employees back to a nonexempt status? Let us know, we can help. Want to learn more? You can read more about the Department of Labor announcement at: https://www.dol.gov/newsroom/releases/whd/whd20240423-0

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR

When we talk to our customers' employees, we often hear two different things:

1. They would like to see changes.

2. There's too much change.   We all love to hate change, but we also get bored without it. How can that be? Picture this; we don’t like potholes, but we also don’t like it when a street is closed for construction. The best organizational cultures are the ones who encourage learning for the sake of learning. As HR guru Norman Frazier told me, learning leads to small incremental changes. Major changes come when the status quo takes a serious hit. While sometimes necessary, major changes can be very disruptive. The opposite of too much change is no change. One of the worst things an organization can do is to fall into the “it’s always been done this way” trap. Want to lower your employee engagement?  Just keep telling folks: “that’s not the way we do things.” What is your organization doing to encourage continuous learning and incremental change?

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR
Over the last couple of years, we have had more and more conversations around how to increase employee participation in 401(k) plans from an employer standpoint. As a plan sponsor, HR professional, and/or business executive, it’s important to educate employees on the benefits offered and provide the right tools and resources to help employees save for retirement. From the employee’s perspective, some of the questions employees have been asking are:   • "If I choose a deferral percentage, what is the actual amount I am contributing?”   • "How much will be taken out of my paycheck?"   • "If I increase my contribution 1%, how will that affect my paycheck and my retirement account?" These types of questions are just a couple of examples that show that retirement savings is not the easiest thing to understand. Without fully understanding the specifics of their retirement benefits offered, employees are less likely to participate. The question then becomes: what can you do as the employer, to show employees the benefits you are offering to them and the value it can bring to their future if they choose to participate? Encouraging employees to save for retirement is crucial for their long-term financial freedom and well-being. As a guide to retirement for employers, an employer may consider the following to achieve this goal:

1. Increase Financial Literacy

    •  • Many employees lack understanding of financial concepts like investing, budgeting, and saving. Offer workshops, online courses, and educational resources to enhance their financial literacy.
    •  • By increasing knowledge in retirement savings, employees can make informed decisions and gain confidence in retirement planning. 
        •  

2. Transparent Communication

    •  • Clearly communicate retirement plan details, including dollar amounts deducted from paychecks. 
    •  • Explain the impact of contributions on take-home pay. Transparency reduces anxiety and empowers employees to make informed choices. 
        •  

3. Provide Access to Advisors

    •  • Offer access to licensed and authorized financial advisors, who specialize in retirement planning. According to Fidelity's 2023 Plan Sponsor Attitudes Survey, one of the most valued benefits of having a plan advisor is that 44% improved participant outcomes. One of the top measures to underscore advisor value is 37% reported increases in employee participation level.
    •  • Employees may hesitate to seek professional help due to perceived costs or lack of awareness. Educate them about the value of expert guidance and the costs that are covered under the plan.  
        •  

4. Automatic Enrollment and Escalation:

    •  • Consider implementing automatic enrollment in the retirement plan(s). New employees are enrolled by default unless they opt-out. 
    •  • Gradually increase contribution rates over time (auto-escalation). Employees adjust to smaller paycheck deductions without        feeling overwhelmed. 
        •  

5. Matching Contributions

    •  • Offer matching contributions to incentivize employees. Consider dollar-for-dollar matches or partial matches. 
    •  • Clearly communicate the matching policy and emphasize the "free money" aspect. 
        •  

6. Regular Reminders

    •  • Send periodic reminders about retirement savings. Highlight the dollar impact and emphasize the long-term benefits. 
    •  • Use channels like emails, internet announcements, or company newsletters. 
        •  

7. Financial Wellness Program

    1.  • Provide financial wellness programs that cover retirement planning that include personalized advice and tools. Many recordkeepers and/or advisors have partnerships with these types of programs. 
    2.  • Encourage employees to set specific savings goals and track progress. Vestwell's 2024 Savings Trends Report shows increased demand for other workplace financial benefits that can be fulfilled through a financial wellness program. According to the study, the 3 most important items to a saver's financial situation are:
    3.  
       1. Saving for retirement - 52.5%        2. Paying off debt (mortgage, student loans, credit cards, etc.) - 26.4%        3. Saving for Healthcare Expenses - 8.8%
        •  

8. Visual Tools and Calculators

• Encourage employees to use the interactive tools or calculators, offered by most recordkeeprs, that allow employees to see the impact of different contribution levels.  •  Visualize how adjustments affect take-home pay and retirement savings.    Remember, a well-designed retirement savings program not only benefits employees but also contributes to a more engaged and financially secure workforce. By emphasizing dollar amounts and providing educational resources, employers can empower their employees to save effectively for retirement.   I understand that every organization is different and there's not a one-size-fits all when it comes to retirement benefits. Take this as an opportunity to review the employee participation in your retirement offering and in what areas can be improved upon to help your employees save for retirement.

Julia Sanders | AIF®, CPFA® 

Retirement Relationship Manager

Meet Julia, a people-focused life-long learner with several years of experience in the retirement plan industry. Throughout her career, Julia has been committed to maintaining strong client relationships by providing incredible customer service. She is passionate about helping clients define and plan for their retirement goals. Julia's daily role at the firm energizes and reinforces her commitment to client-focused work. 

Investment Advisory Services Offered Through M Holdings Securities, Inc. A Registered Investment Adviser, Member FINRA/SIPC. Rose Street Advisors LLC is independently owned and operated.File #: 6476277.1

Interested in more?

Let's Talk Proactive HR

While I always encourage folks to read my blogs, if you employ independent contractors, then this is a must read. It’s also an example of “what’s old is new again.”

On March 11th, 2024, the Department of Labor (DOL) will be reverting to the previous rule for determining an individual’s status as an independent contractor.

What does that mean? Let’s start with the old/new rules. To evaluate whether an individual is an independent contractor, organizations must consider: (1) opportunity for profit or loss depending on managerial skill; (2) investments by the worker and the potential employer; (3) degree of permanence of the work relationship; (4) nature and degree of control; (5) extent to which the work performed is an integral part of the potential employer’s business; and (6) skill and initiative. These are the rules that have been in place for determining status prior to 2021. In 2021, the DOL amended this list to add two “core factors” – control and opportunity for profit or loss. These new additions were deemed to be more important factors than the original six criteria. The current update removes those two factors, returning the focus to the original six items in equal measure. If this is confusing, here are some simple things to consider. If all of these statements are true, then you are on your way to hiring an independent contractor: • Could they earn more or less profit if there are issues with the work? • Do they provide their own work materials/equipment? • Is this assignment for a specific project and not an ongoing relationship • Do they choose when, where, and how they do the work? • Is the work being performed not a key part of your business? Do they perform the same work for the other organizations? • Did the individual come to you with the skills to do the work? Want to learn more? You can read more detail on the DOL website Have questions? Our HR team would love to hear from you!

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR

Each year I start with a blog about predictions for the upcoming year for HR professionals. This year as we look to 2024 there will be some interesting things happening. Some of the more popular HR topics this year will include: 

Less pressure on wages:

As inflation slows down, the recent upward pressure on wage rates is expected to slow. Where we will see financial challenges is for those lower-income employees who are renters or new home buyers. Both rent and mortgage rates will likely continue to create barriers for these individuals. We do have a new minimum wage in Michigan of $10.33 per hour. Good luck finding employees to work for that rate. 

Compensation transparency

While there hasn't been obvious movement on this since it was introduced to the Michigan legislature in the spring, the concept of pay transparency is more mainstream than it has ever been. Expect your Millennial and Gen Z employees to be looking for this. 

Artificial Intelligence:

We heard a lot about AI in 2023 and have only just scratched the surface. Many HR professionals are using AI technology either independently or as it is incorporated into HRIS systems for things like job postings, etc. Ignore this one at your own peril.

Remote work:

Now that Zoom, Amazon, and GM (to name a few) are calling people back, isn't this a thing of the past? Not so quick. What we're seeing is that the best cultures are coming together but are staying flexible. Employees like the balance of not having to face a commute on a bad weather day or to stay home to focus on a detailed project. We also know that we are social creatures who miss each other when we are apart. The HR challenge will be to balance all of this. 

Michigan Earned Sick Time and Minimum Wage Acts are back in the news:

Are these still kicking around? Yep. Last year I wrote a blog about these being overturned by the appeals court. Now they are in front of Michigan's Supreme Court. Do we know what the Michigan Supreme Court will decide? Nope. This will be one to watch especially for organizations with less than 50 or those with tipped employees. 

Union Activity:

In a state where union activity has been quiet in the past several years, we're looking for some potential changes in 2024. The highly public strike at the automakers this past fall made other production employees take another look at their own compensation. This happened just after the State of Michigan repealed it's Right to Work Legislation and the NLRB made it easier for employees to gain union representation. If you are in an industry where unionization is a possibility, this is the year to keep a close eye on the satisfaction level of your workforce. 

It's an Election Year!

Last but certainly not least, we are heading into potentially one of the more acrimonious election cycles in our nation's history. At a time when polls are showing that people have significant angst over politics and feel overwhelmed by the constant news cycle, expect emotions to be rawer than normal. To help mitigate this, it's going to be important to set expectations for your employees early on when it comes to political discussions in the workplace. Reminding them to avoid pushing political hot buttons and having extra empathy for others will be important. 

If you need help navigating your organization through the HR challenges 2024 brings our way, our HR team at Rose Street Advisors is here to help. Give us a call today.

Happy New Year!

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR

The holidays are here and while they can be a wonderful time, they are also stressful. In addition to all the personal activities, this is typically the time that goals, performance evaluations, and year end reports are due.

 

Here are some pointers for helping your employees survive and thrive during the holiday season:

Accept some changes in productivity:

·      Between heightened work demands and holiday activities, completing our normal day to day work projects can be a challenge. Give some grace as we race to the end of the year.         

Honor a variety of holiday parties:

·       Recognize that your employees may celebrate different holidays than you. Whether they celebrate Christmas, Hanukkah, Diwali, Eid al-Fitr, the Solstice, Kwanza, or something else, leave space for them to celebrate their special time.

Allow for flexible schedules:

·       With all the competing activities plus gift shopping, it’s helpful to accommodate employees’ need for time away.

Avoid scheduling work related evening commitments:

·      Between professional events, school activities, family and friends’ gatherings, December evenings are at a premium. Limit evening work commitments.

Encourage undisturbed time off:

·      When your team members do schedule time off, try not to disturb them. This applies all year long. You can set the example by not working during your time off.

Provide healthy food options:

·      We all enjoy a sweet holiday treat, but your teams' waistlines may appreciate having a different option available. 

Limit personal financial requests:

·      When The holidays are filled with requests to spend money on gifts, activities, and to make donations. Try to avoid putting additional personal financial pressures on your team during November and December. 

Show your appreciation:

·      2023 was another big year. As 2023 winds down and we gear up for 2024, let your folks know that you appreciate their work this year. 

Our Team at Rose Street Advisors wishes you a wonderful holiday season!

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR
Picture this. You’re a new employee at your organization and on your first day, they give you the employee handbook. What’s your reaction: Is it written in a way that you might actually read it? Does it represent the kind of culture described during the recruiting process? Is it up to date with the latest legal requirements? During 2023, there have been several legal changes, for example:        • The Elliott-Larsen Act was amended to include protections against discrimination based on sexual orientation and gender                identity.        • The CROWN Act was passed and further modified Elliott-Larsen.        • The NLRB has added additional guidance that impacts employee rights and work rules. If you’re not proud to share your handbook, or you haven’t updated it this year, it’s time to give us a call. We’re happy to help.

Kevin Brozovich

SPHR | CHIEF PEOPLE ADVISOR

Meet Kevin Brozovich, energetic entrepreneur, people-focused team-builder and HR practitioner-turned consultant. For almost 10 years, Kevin was Founder and Chief People Officer of HRM Innovations, a Kalamazoo-based Human Resources consulting firm many would consider the top in the region. After pulling his hair out making daily decisions about running the business (does it matter where the coffee comes from?), Kevin joined forces with the Rose Street Advisors team so he could solely focus on what he loves most: working with clients.

Interested in more?

Let's Talk Proactive HR
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Securities and Investment Advisory Services Offered Through M Holdings Securities, Inc. A Registered Broker/Dealer and Investment Advisor, Member FINRA/SIPC. Rose Street Advisors is independently owned and operated. Please go to www.mfin.com/DisclosureStatement for further details regarding this relationship. Check the background of this Firm and/or investment professional on FINRA's BrokerCheck. For important information related to M Securities, refer to the M Securities' Client Relationship Summary (Form CRS) by navigating to mfin.com/m-securities. Registered Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States. This site is for information purposes and should not be construed as legal or tax advice and is not intended to replace the advice of a qualified attorney, financial or tax advisor or plan provider. CA Insurance License. File #5757992.1

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