BPT - When you think of new hires, who do you picture? While you may expect applicants to be 20-somethings straight out of college or 30- to 40-somethings making a career change, in reality, you'll likely see more applicants who are older adults. According to a report by the U.S. Special Committee on Aging, workers 55 and older will soon represent 25% of our nation's workforce.
Gary A. Officer
President/CEO
Center for Workforce Inclusion
However, just because more older adults are applying for jobs doesn't mean they are getting hired. Many older applicants face ageism during the hiring process. A survey by AARP found that it took older workers who were displaced during the Great Recession twice as long to find a new job than younger workers. The association also found that only 4% of firms have committed to programs that help integrate older workers into their talent pool.
Businesses that ignore this fast-growing workforce segment need to rethink their hiring process. With record-low unemployment numbers, many job openings across industries still need to be filled. But there is a mostly overlooked talent pool readily available - older Americans. Now more than ever, businesses must recognize that older workers bring much-needed experience, emotional intelligence and generational diversity to our workplaces.
Not convinced? Here are five key values older workers offer employers.
1. Problem-Solving abilities
Problem-solving is a critical skill that is attained over time. Through their lived experience in the workforce, older workers have accumulated a wealth of industry-specific knowledge that they can use to make informed decisions that help your business thrive. More importantly, they can impart this knowledge to younger colleagues, providing mentorship opportunities that benefit the mentors, mentees and the business as a whole.
The result is a more innovative team. A 2018 study by Cloverpop found that multigenerational teams with an age range of 25 years or more (from the youngest member to the oldest member) met or exceeded expectations 73% of the time, while those with a narrow range of less than 10 years did so only 35% of the time.
2. Reliability
Older workers are incredibly reliable. This usually means that they are known for punctuality and dependability. You can count on them to show up on time to meetings, meet strict deadlines and provide a consistency that may be missing from your workplace. Best of all, they set a positive example for the rest of the company.
3. Improved team productivity
It's been reported that seven out of 10 workers in the United States enjoy working with people from other generations. Older workers appreciate the creativity of younger workers and younger workers appreciate the value of older workers' experience and wisdom (AARP).
These benefits extend beyond workplace satisfaction, too. Significant profitability and performance gains have been reported for companies that have above-average diversity. For example, according to an AARP report, companies with above-average diversity in age, gender, nationality, career path, industry background and education on their management teams report innovation revenue that is 19% higher and profit margins that are 9% higher than companies with below-average diversity.
4. Adaptability
Older adults have seen technology rapidly change throughout their lifetime. Contrary to popular belief, older workers are adaptable and willing to learn and master new skills and technologies.
The fact is that they've had to adapt quickly to keep pace with the increasingly connected and technology-forward world. These experiences have taught them to effectively navigate change, a valuable asset for businesses across many industries.
5. Low turnoverHiring and training new employees can cost a company extensive time, money and resources. To reduce turnovers and increase employee retention, businesses should look to hire older workers.
The U.S. Bureau of Labor Statistics reports that older workers ages 55-64 have a higher employee tenure rate than their younger colleagues. They typically stay with a company for nearly 10 years, more than three times the rate of workers ages 25-34.
So, while the assumption might be that an older applicant is ready to retire - that is likely not the case. Many older Americans are delaying retirement, unretiring or simply unable to retire and are prepared to stay on board for many years to come.
Age is a value-add, not a detriment
While working for the Center for Workforce Inclusion, I've seen firsthand the benefits of hiring older employees. Embracing age diversity in your workforce can only help to improve your company's overall performance and workplace culture.
We often partner with businesses to help them tap into the talent pool of older workers to achieve successful business outcomes. We also work directly with older job seekers to overcome barriers to employment, develop in-demand skills and secure employment. To learn more about our work and how we can help, visit CenterForWorkforceInclusion.org.
A pipeline project to transport carbon dioxide captured from ethanol and fertilizer production to a permanent storage site in Illinois is raising concerns about safety and potential damage to surrounding land.
Last month, members of the Illinois Farm Bureau adopted policies supporting a temporary moratorium on the project until the Hazardous Materials Safety Administration can update its safety regulations. They include automatic notifications for pipeline leaks and training for emergency first responders.
Bill Bodine, the Farm Bureau's director of business and regulatory affairs, said his group opposes another condition.
"They expressed concerns about the use of eminent domain for these projects and do not support the use of eminent domain," he said, "and then want to see the developers reaching willing agreements, making some progress in reaching those willing agreements before the pipeline portions of those projects are approved."
Landowners are not willing to give up their land so easily. In 2006, the Illinois General Assembly passed a bill to limit the takeover of private property for private development. However, critics of the legislation have claimed it included exceptions that undermine any benefits to property owners.
Two more pipeline proposals to connect Iowa and Illinois are also being reviewed by the Illinois Commerce Commission, the agency that oversees these projects.
The Hazardous Materials Safety Administration hopes to have its safety revisions completed this year. If this happens, Bodine said, the Farm Bureau would lift its support of a temporary moratorium. But he isn't sure whether these other pipeline projects are on state lawmakers' minds.
"Our legislative session in the state of Illinois begins again in January and usually runs through the end of May," he said. "So, we may see some action during that timeline associated with some of these issues."
Developers say any future pipelines would help farmers by boosting the ethanol industry. The state Agriculture Department has said Illinois uses 274 million bushels of corn to produce more ethanol than any other state.
NAPSI - If you are like many homeowners seeking to enhance your property and support your lifestyle interests, adding a freestanding hobby shop, home office, vehicle storage building, or recreational facility can be a great idea.
Photo: NAPSI
Building a freestanding unit on your property versus renting a retail location might be advantageous for a small business owner or an avid hobbyist. While renting commercial space offers more immediate flexibility and lower initial investment, generally it is better for small businesses with limited access to capital or needing a shorter rental commitment. On the other hand, owning a freestanding building might be a much better option.
Owning a freestanding structure does comes with challenges, including higher upfront costs, responsibilities for maintenance and repairs, and potential zoning or permitting issues if used for a business operation. Ultimately, the decision should be based on your current and projected financial position and long-term goals. The first step is to talk with a financial advisor, an insurance carrier, and your attorney to make an informed decision.
There are several advantages to having your own building on property you already own.
A freestanding building can provide you with increased equity over time. As the property value appreciates, it will increase the overall value of your land with the improvement. Since you own the property, you have control over how and when it is used. No more worrying about negotiating new leases, rent increases, security deposits, or restrictions imposed by landlords. From a profit/loss perspective, this can be crucial for long-term business planning.
While the initial investment for building a structure might be higher, in the long run, you may save money when comparing the aggregate rent paid over a three-, five-, or ten-year period. Plus, once the building paid off, your business becomes more profitable almost overnight with no mortgage or rental expenses.
Another advantage is you can customize your space just the way you want it. Constructing your own building allows you complete control over its aesthetics, creating a unique and distinctive space. Building on your property provides flexibility in terms of size and functionality. You can design the space to meet your specific business needs.
While in the planning stages, one should also allow for future expansion or modifications if you can not afford to build your dream space right off the bat.
Don't need space for your side gig or business, but need space to pursue your passion? What can be better than having an MMA or CrossFit gym just a few feet from your backdoor? Need a space to restore and maintain vintage vehicles? How about a space for your band to rehearse? A freestanding building is just the ticket.
For hobby enthusiasts, freestanding building projects range from a small garage to an elaborate workshop to support a wide range of interests, such as woodworking, classic car restoration, various collections, or simply for storage of equipment and tools, said Andy Brown, Morton Buildings suburban product line manager. Also popular are man caves and she sheds, which offer a place to get away to relax and unwind, enjoy hobbies, and spend time with friends.
"Our customers have used their Morton buildings for such diverse interests as an art studio, a family game room, a space for music and instruments, doing meditation and yoga, brewing beer and exercising," Brown noted. "Some couples split the space in their hobby building so they each have separate areas for their own interests."
Many owners of boats, RVs, and other recreational vehicles, such as motorcycles and ATVs, he added, want an attractive, well-designed storage facility to protect and enhance the enjoyment of those assets. Many of these vehicle storage facilities also have amenities such as an office, kitchenette, lounge, bathroom, and space for hobbies.
"Homeowners want a building that will not only support their hobby and recreational needs but is also stylish and can be customized to complement the existing structures on the property with design features such as brick and stone, cupolas and porches," he said.
GALVA - The Illinois Land Improvement Contractors Association (ILICA) will be hosting its annual trade show February 1-2 at the Isle Casino Hotel in Bettendorf, IA. The trade show opens on Thursday, February 1 starting at 1 pm until 5 pm, and again on Friday, February 2 from 8 am to 12 pm.
The trade show includes more than 35 construction industry exhibitors. The event is mainly tailored for landowners, agribusiness professionals, conservationists, contractors, and ag producers but is also open to the general public. There is no charge for admission, and registered attendees are automatically entered in a cash drawing worth $500.
"We are excited to continue to showcase our strong network of professional members and partners that play such a critical role in the implementation of conservation across the state," said Ryan Arch, Executive Director of Illinois LICA. "Illinois’ continued conservation efforts require collaboration and communication, and our hope is that by making our exhibitors and members more accessible we can further assist with this process."
Illinois LICA has hosted a trade show as a regular staple of their Annual Convention & Members’ Meeting for 65 years. This year's annual convention offers numerous educational seminars, septic license CEU training and an awards banquet.
Show goers can talk to industry professionals and manufacturers for latest trends, technology and equipment available for excavation, earthmoving, landscaping, drainage, on-site waste treatment, paving, reclamation, and trucking.
"By offering free trade show admission during our convention, our goal is to help make connections for individuals outside of our group to further Illinois LICA’s mission and commitment to natural resource conservation," Arch said.
For more information, visit www.illica.net/events or call (309) 932-1230.
StatePoint Media - Let’s face it, no person or business gets a thrill out of hiring a law firm. Fortunately, peer-reviewed rankings have simplified the process.
Best Lawyers, which has been tracking trends and innovations in the legal industry for more than four decades, serves as a trusted resource for identifying what it takes to be a preeminent law firm in the United States. Their recently released 14th annual rankings of Best Law Firms, found at bestlawfirms.com, provides keen insight, not only into the most successful law firms, but also the key factors to keep an eye out for when going through the reliably trying task of retaining counsel.
Here is some of Best Lawyers’ advice:
1. Does the firm use the latest technology?
Right now, even the legal profession is abuzz about generative Artificial Intelligence (gen AI) tools. With its ability to parse information more quickly, gen AI offers the immediate potential to automate routine tasks such as research; summarizing long, complex content; and writing first drafts of simple documents such as NDAs. All of which can save both time and money.
And smart firms are closely watching regulations and any risks that this new technology may bring, all while using it for the benefit of the firm and its clients.
2. What do other legal experts think about the way they do business?
There are better options available than just word of mouth when choosing legal representation. After all, hiring a law firm isn’t like choosing which novel to download next. Through Best Laywers’ research process, a firm’s performance is assessed by its peers, ultimately helping consumers make better-informed decisions.
Why is this important? At its heart, a robust peer-review process like Best Lawyers’ asks legal professionals to answer this key question: “If you had a legal issue and could not represent yourself, what firm would you hire?” This peer-review method is critical, and offers a straightforward way to help identify the most trusted firms.
3. Does the law firm embrace diversity?
Today’s leading law firms know that to be successful, the makeup of their staff should represent the communities they serve. Inclusion is a necessary element of well-rounded representation because a team with different backgrounds and experiences will bring diverse points of view to solving clients’ unique and complex challenges.
Fortunately, in recent years there has been an uptick in law firm diversity. In 2023, 21.6% of attorneys were members of traditionally underrepresented ethnic groups, according to an American Lawyer survey. That’s up more than 20% from the same survey just three years prior.
As a consumer, consider asking a law firm about its diversity track record. In fact, the best law firms will not only expect the question but welcome it.
The virus sometimes causes severe illness even in those without underlying conditions, causing more deaths in children than other vaccine-preventable diseases...
Everyone over the age of 6 months should get the latest covid-19 booster, a federal expert panel recommended Tuesday after hearing an estimate that universal vaccination could prevent 100,000 more hospitalizations each year than if only the elderly were vaccinated.
The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices voted 13-1 for the motion after months of debate about whether to limit its recommendation to high-risk groups. A day earlier, the FDA approved the new booster, stating it was safe and effective at protecting against the covid variants currently circulating in the U.S.
After the last booster was released, in 2022, only 17% of the U.S. population got it — compared with the roughly half of the nation who got the first booster after it became available in fall 2021. Broader uptake was hurt by pandemic weariness and evidence the shots don’t always prevent covid infections. But those who did get the shot were far less likely to get very sick or die, according to data presented at Tuesday’s meeting.
The virus sometimes causes severe illness even in those without underlying conditions, causing more deaths in children than other vaccine-preventable diseases, as chickenpox did before vaccines against those pathogens were universally recommended.
The number of hospitalized patients with covid has ticked up modestly in recent weeks, CDC data shows, and infectious disease experts anticipate a surge in the late fall and winter.
The shots are made by Moderna and by Pfizer and its German partner, BioNTech, which have decided to charge up to $130 a shot. They have launched national marketing campaigns to encourage vaccination. The advisory committee deferred a decision on a third booster, produced by Novavax, because the FDA hasn’t yet approved it. Here’s what to know:
Who should get the covid booster?
The CDC advises that everyone over 6 months old should, for the broader benefit of all. Those at highest risk of serious disease include babies and toddlers, the elderly, pregnant women, and people with chronic health conditions including obesity. The risks are lower — though not zero — for everyone else. The vaccines, we’ve learned, tend to prevent infection in most people for only a few months. But they do a good job of preventing hospitalization and death, and by at least diminishing infections they may slow spread of the disease to the vulnerable, whose immune systems may be too weak to generate a good response to the vaccine.
Pablo Sánchez, a pediatrics professor at The Ohio State University who was the lone dissenter on the CDC panel, said he was worried the boosters hadn’t been tested enough, especially in kids. The vaccine strain in the new boosters was approved only in June, so nearly all the tests were done in mice or monkeys. However, nearly identical vaccines have been given safely to billions of people worldwide.
When should you get it?
The vaccine makers say they’ll begin rolling out the vaccine this week. If you’re in a high-risk group and haven’t been vaccinated or been sick with covid in the past two months, you could get it right away, says John Moore, an immunology expert at Weill Cornell Medical College. If you plan to travel this holiday season, as he does, Moore said, it would make sense to push your shot to late October or early November, to maximize the period in which protection induced by the vaccine is still high.
Who will pay for it?
When the ACIP recommends a vaccine for children, the government is legally obligated to guarantee kids free coverage, and the same holds for commercial insurance coverage of adult vaccines. For the 25 to 30 million uninsured adults, the federal government created the Bridge Access Program. It will pay for rural and community health centers, as well as Walgreens, CVS, and some independent pharmacies, to provide covid shots for free. Manufacturers have agreed to donate some of the doses, CDC officials said.
Will this new booster work against the current variants of covid?
It should. More than 90% of currently circulating strains are closely related to the variant selected for the booster earlier this year, and studies showed the vaccines produced ample antibodies against most of them. The shots also appeared to produce a good immune response against a divergent strain that initially worried people, called BA.2.86. That strain represents fewer than 1% of cases currently. Moore calls it a “nothingburger.”
Why are some doctors not gung-ho about the booster?
Experience with the covid vaccines has shown that their protection against hospitalization and death lasts longer than their protection against illness, which wanes relatively quickly, and this has created widespread skepticism. Most people in the U.S. have been ill with covid and most have been vaccinated at least once, which together are generally enough to prevent grave illness, if not infection — in most people. Many doctors think the focus should be on vaccinating those truly at risk.
With new covid boosters, plus flu and RSV vaccines, how many shots should I expect to get this fall?
People tend to get sick in the late fall because they’re inside more and may be traveling and gathering in large family groups. This fall, for the first time, there’s a vaccine — for older adults — against respiratory syncytial virus. Kathryn Edwards, a 75-year-old Vanderbilt University pediatrician, plans to get all three shots but “probably won’t get them all together,” she said. Covid “can have a punch” and some of the RSV vaccines and the flu shot that’s recommended for people 65 and older also can cause sore arms and, sometimes, fever or other symptoms. A hint emerged from data earlier this year that people who got flu and covid shots together might be at slightly higher risk of stroke. That linkage seems to have faded after further study, but it still might be safer not to get them together.
Pfizer and Moderna are both testing combination vaccines, with the first flu-covid shot to be available as early as next year.
Has this booster version been used elsewhere in the world?
Nope, although Pfizer’s shot has been approved in the European Union, Japan, and South Korea, and Moderna has won approval in Japan and Canada. Rollouts will start in the U.S. and other countries this week.
Unlike in earlier periods of the pandemic, mandates for the booster are unlikely. But “it’s important for people to have access to the vaccine if they want it,” said panel member Beth Bell, a professor of public health at the University of Washington.
“Having said that, it’s clear the risk is not equal, and the messaging needs to clarify that a lot of older people and people with underlying conditions are dying, and they really need to get a booster,” she said.
ACIP member Sarah Long, a pediatrician at Children’s Hospital of Philadelphia, voted for a universal recommendation but said she worried it was not enough. “I think we’ll recommend it and nobody will get it,” she said. “The people who need it most won’t get it.”
KFF Health News is a national newsroom that produces in-depth journalism about health issues and is one of the core operating programs at KFF—an independent source of health policy research, polling, and journalism.
CHICAGO - The National Labor Relations Board recently issued a rule change that may have wide-ranging impacts for workers and businesses.
The update to the joint employer rule would require parent companies to negotiate collective bargaining agreements with employees even when using a staffing agency or subcontractor.
It also means franchisors and franchisees can both be held liable for unfair labor practices.
This replaces a Trump-era rule change that made it easier for companies to avoid a finding of joint-employer status.
Brian Petruska - general counsel with the mid-Atlantic regional organizing coalition of the Laborer's International Union of North America - said the rule change is a win for workers.
"It means that the employees' right to organize still is meaningful," said Petruska, "even in this modern world we live in with layers and layers of LLCs and corporations who are now defining the workspace."
The rule change now faces legal challenges including from the U.S. Chamber of Commerce, which filed suit against the board in federal court.
In a statement on its website, the Chamber says the rule change will "create chaos and more legal confusion that will harm both employers and workers."
The NLRB rule establishes that two or more entities may be considered joint employers of a group of employees when more than one entity possesses the authority to control employees' essential terms and conditions of employment.
The board says this change is more in line with established common-law agency principles.
Petruska said he sees opposition to the updated rule coming from a number of industries including restaurants, construction and hotels.
He also said the franchise business model will no longer insulate the parent company from labor issues.
"Now," said Petruska, "the fact that they have that control may cause them to be embroiled in local labor disputes that the franchisees are having with their employees."
The new rule will go into effect next February.
StatePoint Media - As the job search continues for unemployed Illinoians, a new national survey reveals a massive case of job hunt burnout.
The Insight Global survey, conducted among recently unemployed American adults actively seeking employment, found that a competitive job market, a lack of applicable jobs, low self-confidence and an inability to interview well are all contributing factors in job candidates’ lack of success in securing employment.
Fifty-five percent of respondents have been searching for a new job for so long that they are completely burnt out, and many are willing to take drastic measures to save and make money in the meantime: More than 2 in 5 would live at home with their parents; the same amount would rather create an Etsy business or thrift flip than send out another blast of resumes, and of Gen Z respondents, 44% admit they would rather get a sugar daddy or sugar mommy than apply to more jobs.
“It’s no wonder that so many unemployed Americans are feeling unmotivated – between several years of a volatile job market, headcount reductions, budget cuts, hiring freezes and a total overhaul of the way companies are running their businesses, it can feel downright impossible to get back on track,” says Bert Bean, CEO of Insight Global, a leading national staffing company.
To beat job hunting burnout and get back in the game, Bean recommends the following tips:
• Rethink Remote: Of millennials surveyed, 21% feel they’re still unemployed because they will only apply to remote job opportunities. To greatly expand your options, be open to hybrid and on-site work opportunities.
• Stand Out: Over a quarter of those seeking full-time work feel that there are no jobs available for their skill set or there is too much competition for available jobs. To stand out in the crowd, get creative. Whether it’s creating an interactive resume, dropping by the office for a quick hello, or just not stopping until you hear back, doing whatever it takes to get your foot in the door improves your chances of success.
• Find Small Wins: Job hunting can be exhausting and disheartening. Find things you can accomplish that help you feel productive and remind you what it feels like to win again. It could be getting in shape, completing a 5K, journaling for a month, or making five new daily connections on LinkedIn.
• Don’t Write Anything Off: Interestingly, 26% of men surveyed said they are still unemployed because the jobs they hear back from are beneath them. Leave preconceived notions like this at the door. Many companies offer opportunities for promotions and upskilling, so look past the specific outlined role and imagine future possibilities with that organization.
• Reach for Resources: When trying to get back in the workforce, don’t go at it alone. Companies like Insight Global can help you shape up your resume, brush up on interview skills, boost your confidence and connect you with companies and opportunities that fit the bill. Leverage events like the Be The Light tour, Insight Global’s free-to-attend mobile career center in select cities around the country. Accepting help from professionals will put you in a better position for landing a job. To learn more, and for additional tips and resources, visit insightglobal.com.
“While searching for employment that fulfills your professional goals can feel overwhelming, changing the narrative and thinking about the market in new ways can connect you with additional opportunities and position you to succeed,” says Bean.
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Restaurant jobs have always been difficult, but the mental stress has gotten worse during the pandemic as restaurants closed or cut hours — or became ground zero for the fight over mask-wearing.
"It is totally nerve-wracking sometimes because all of my tables I’m interacting with aren’t wearing their masks," said Nikki Perri, a server at French 75, a restaurant in downtown Denver. "I am within 6 feet of people who are maskless."
...
Health issues like depression, heart disease & anxiety are linked to toxic workplaces
A new year brings about many possible changes – promises to eat better, exercise more, stop smoking, save money, and so on. Another priority for some is to improve their work situation.
If that’s you, there may be no better time than the present, especially after the U.S. Surgeon General Vivek Murthy released a report that links a toxic workplace culture to health issues such as heart disease, depression and anxiety.
...
In today's capitalization market, you are more likely to attract investors if your business is already "cashflow positive." Owners should be vigilant in keeping costs down and look for opportunities to grow comfortably.
Photo: Rohann Agalawatte/Burst
StatePoint Media - Intelligent cashflow management is the essential fuel of startups and digital businesses, particularly in a challenging economy. According to experts, it can mean the difference between surviving, thriving and failure.
“Poor cashflow management will kill your business. In fact, it’s killed some of the biggest businesses in the world. No matter how fast you’re growing, you could be destined for the startup graveyard if your outgoings exceed your revenues,” says Dominic Wells, serial entrepreneur and CEO and founder of Onfolio Holdings, a leading online conglomerate that acquires and manages a diversified portfolio of online business holdings.
To help startups and digital businesses not only survive a downturn, but remain profitable while accelerating growth, Wells is sharing some top actionable insights for the current moment:
1. Know that capital is harder to secure.
While during periods of low interest rates, it was possible to burn through capital, that’s no longer the case. “Don’t assume you can just raise more money. Investors are avoiding businesses that aren’t already cashflow positive,” says Wells.
2. Change your priorities.
Founders must review spending line items and identify the areas generating the greatest returns. Double down on those. Cut or reduce your spending elsewhere.
3. Focus on short-term growth.
Certainty beats speculation right now and investors are choosing businesses that will generate near-term certainty with monthly recurring revenue over those with potential long-term growth.
4. Make profitability your number one goal.
Aim to be profitable enough to pay yourself a decent salary, cover business overheads and keep cash in reserve. If you’re looking for a buyer or investor, have solid numbers to show them. In Onfolio’s case, the investment criteria are established businesses generating annual profits over $500,000 in sectors and niches with high-growth potential. Without the metrics to support why you deserve funding, investors and buyers aren’t lurking around the next corner, ready to leap out with a check.
“It’s not easy to execute, but your goal is simple. Keep asking yourself, ‘are we profitable?’ If the answer is no, do everything you can to get there quickly,” says Wells.
5. Become more financially secure.
At a time when many operations are cutting costs, making your service indispensable to customers so that they stay with you, or even spend more money, can help make you more financially secure. It’s time to deploy strategies and technology that generate more revenue from your current customers. For example, if you’re a website owner without a subscription upsell, now is the time to implement one.
For more tips and insights and to learn more about digital company acquisition, visit onfolio.com.
“New challenges arise for small business owners and digital companies during downturns,” says Wells. “Being savvy about the current climate can mean not just your survival, but your continued success.”
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Leasing valuable farmland to solar energy firms can generate a reliable revenue stream. Landowners should carefully consider the current and future impact of long-term land leases.
Photo: American Public Power Association/Unsplash
by Cari Rincker Attorney at Law
Solar energy projects present an attractive opportunity for landowners to diversify their income streams. When a solar energy developer approaches a farmer or rancher with a seemingly lucrative lease agreement, the landowner must carefully consider whether the lease adequately protects his or her best interests before rushing into the deal. In this article, I discuss the essential aspects of solar lease agreements, as well as any potential landfalls that farmers and ranchers should avoid when navigating and negotiating a solar lease agreement.
1. Understanding the Structure of the Agreement
Agreements between solar developers and landowners come in many shapes and forms. In broad strokes, there are two main approaches. On the one hand, a developer may present a farmer or rancher with an option agreement, which will give the developer a period of time to assess the viability of a solar project on the land, and the unilateral right to exercise an option to enter into a solar lease agreement if and when the developer determines that the project will be profitable.
The lease agreement should be fully negotiated at the time that the option agreement is executed. Alternatively, the developer may skip the option agreement and instead present the farmer or rancher with a lease agreement to be executed at the onset. Such a lease agreement usually commences with a development phase wherein the developer assesses the viability of the project. The developer is then granted the right to unilaterally terminate the lease at the conclusion of the development phase.
Regardless of whether there is a separate option agreement or a development phase incorporated into the lease, solar leases generally are structured pursuant to the same format: There is a construction period which may last roughly one year, followed by an operation period which may last decades, a renewal period which may extend the lease even longer, and ultimately, a cleanup period. As discussed further below, each distinct phase comes with specific rights, obligations, and compensation structures.
2. The Length of the Lease
To understand the extent to which a lease will tie up their land, a farmer or rancher should be sure to calculate the total timeframe of the encumbrance, from the beginning of the option or development phase, to the end of the cleanup period.
It is not uncommon for the life of a solar lease agreement to span more than half a century. For this reason, multi-generational family farms and ranches should carefully consider potential uses or plans for their land over the course of the near- and not-so-near-future. Such considerations may include the needs of future generations. The farmer or rancher should further keep in mind that such lease agreements typically run with the land, which means that they will bind any subsequent sale or estate succession of the land.
Given the length of the agreement, agriculture producers should also carefully assess the impact of a solar lease on their property, including a thorough evaluation of the potential environmental impact, the effect on overall farming or ranching productivity and economies of scale, and their eligibility for government programs.
3. Due Diligence on the Developer
If a farmer or rancher plans to enter a long-term relationship with a solar developer, they should perform due diligence on the developer to ensure that the developer is legitimate and has a good record with other landowners in the area. Due diligence may include: (i) checking the developer’s online presence, including reviews and BBB complaints, (ii) confirming the developer is a registered entity with the secretary of state for the state that they claim to be organized under, and (iii) paneling neighbors and the community to see if anyone else has negative experiences with the developer.
Braeson Holland/PEXELS
4. Authority to Enter into the Lease
Before executing an option or lease agreement, a farmer or rancher must confirm that he or she has the legal authority to enter into such an agreement. In the first instance, the landowner will likely have to warrant in the agreement that he or she is the fee simple owner of the farm or ranch. If there are multiple parties with an interest in the land, all co-owners must approve and be a party to the lease.
If the land is owned by a business entity or trust, then the governing documents of such entity or trust must be reviewed to confirm that they permit the execution of such a lease. Finally, if the property is subject to mortgages, pre-existing leases, easements, or other encumbrances on the property, those may need to be addressed before proceeding with a solar lease.
5. Compensation under the Lease
A farmer or rancher should carefully review the compensation he or she will receive under the option and/or lease agreement(s). At both the option/development phase and the construction phase, the landowner may receive either lump-sum payments or periodic per-acre payments. It is advisable to avoid lump-sum arrangements if the timeframe of either phase is highly variable. Construction phase payments should be higher than option or development phase payments.
The compensation received during the operation phase should be significantly higher than the earlier phases. It is most often structured as an annual or semi-annual payment tied to the number of acres subject to the lease. If receiving per acre payments, the farmer or rancher must clarify whether all acres will receive the same compensation level, or whether certain unused acres will be compensated at a lower rate (or not at all). Given the length of the operation phase, any lease should also include an escalation factor (typically between 1.5 and 3%) by which payments should rise on an annual basis to compensate for inflationary risk.
The farmer or rancher is also encouraged to negotiate other forms of compensation or reimbursement in the lease. For example, a landowner may ask for the reimbursement of professional expenses, such as attorneys’ fees, incurred in reviewing the lease. The farmer or rancher should confirm that the developer will be responsible for any tax increase caused by transforming farmland into a solar energy facility. They may also wish to explore whether the developer will compensate the landowner for any loss of eligibility for government farming programs. Finally, the farmer or rancher should ensure that the lease clearly delineates a compensation structure for damages incurred to crops and the underlying drainage system on or adjacent to the property.
6. The Rights and Obligations of Each Party
The option and lease agreements should clearly lay out the rights granted to the solar developer on the landowner’s land. The farmer or rancher must pay careful attention to how the lease will affect their rights on the land subject to the lease and ensure that any rights or easements granted are carefully tailored for reasonableness. They should also understand whether the lease will interfere with rights on adjacent land owned by them.
Photo: Tornike Jibladze/Pixabay
For example, a solar lease will grant the developer an easement for solar access, which may permit the developer to remove trees or other improvements on adjacent land if they obstruct access to sunlight. Because leases cannot possibly address all uses of the land, I always advise that a farmer or rancher ask for the inclusion of a catch-all reservation of rights clause, wherein the lease specifies that any rights not explicitly granted to the developer are reserved by the landowner.
7. Termination and Cleanup Obligations
It is common for leases to have asymmetrical termination provisions, meaning that a developer can often terminate the lease at any time and for any reason, while a landowner can only do so in the event of a breach of a monetary obligation. A farmer or rancher may nevertheless seek to ensure that they may still request damages or specific performance of certain provisions of the lease where they are not permitted to terminate the lease.
A lease should contain robust cleanup obligations for the developer, including cleanup of any debris post-construction, as well as restoring the property to its original condition at the end of the lease agreement. Local or state regulations may be of use in this regard. For example, in Illinois, the Department of Agriculture requires that any developer with a solar lease agreement with a landowner must also enter into an Agricultural Impact Mitigation Agreement with the Bureau of Land and Water Resources, which contains standardized construction and cleanup obligations for the project.
8. Disputes
On a final note, farmers and ranchers should always plan for the worst-case scenario. This involves ensuring that any dispute arrangements or requirements contained in the lease favor the landowner. In particular, a farmer or rancher should request that any waiver of a right to a jury trial be removed from a lease. Moreover, if a lease contains provisions waiving any right to appeal an arbitration or other dispute award, that language should also be struck from the agreement.
In closing, solar lease agreements are binding contracts of long duration, with potentially significant consequences for the landowner and his or her heirs or assigns. Given the variable and complexities addressed in this article, it is advisable that the landowner hire an attorney to help ensure that the solar lease agreement is carefully tailored to the unique concerns and needs of a farmer or rancher.
Whether an attorney is employed, or whether the landowner takes it upon him- or herself to review the agreement, the reviewing party should ensure that they have adequately considered each of the issues discussed herein.
About the author
Cari Rincker is the owner of Rincker Law, PLLC, a national general practice law firm concentrating in food and agriculture law with offices in New York and Illinois. She has her boots planted firmly in agriculture – she presently own a small farm in Shelbyville, Illinois, and enjoys judging livestock shows around the country.
StatePoint Media - As most business owners know, one of the most valuable assets your enterprise needs to thrive is top-notch talent. Thanks to the University of Illinois, a world-class university in the community, Champaign-Urbana has a large pool of educated, strong candidates available.
With one in four U.S. adults currently looking for a new job, the right people are out there, it’s just a matter of connecting with them. According to CareerBuilder, here’s how to make your company attractive to job seekers and how to leverage tools to find them:
• Make room for growth: A recent survey from CareerBuilder and Morning Consult finds that when it comes to what’s most important to job seekers, it’s “good salary/benefits and interesting work.”
Give potential employees confidence that working for you will allow them to take care of their finances, provide for their families and do work that they are proud of.
Before posting the position, first seek out industry insights to ensure your compensation package is competitive.
Also ensure that you’re offering a clear path for growth. During the interview process, let candidates know that if they are hired, you will invest the time and energy in seeing them develop professionally.
"Employers must get creative in their approach to skill development and training as a way to fill the existing skills gap and accelerate promotions," says Kristin Kelley, chief marketing officer, CareerBuilder.
• Find your purpose: A people-oriented, purpose-driven work culture can help you not only attract great job candidates, but retain employees.
"Companies with a powerful mission, who also value their employees will stand the test of time. Creating an environment where people can thrive is equally important," says Kelley.
• Be flexible: If the nature of your business allows for it, consider embracing new technologies that allow you to implement flexible work experiences, such as remote or hybrid work. Giving your employees the option to work from home is a key benefit that will attract talent, plus it could potentially broaden your pool nationwide or even internationally.
• Turn to easy-to-use hiring platforms: Finding the best fit for a given position can be extremely labor-intensive and time-consuming. However, hiring software featuring industry-leading technology can make the process much smoother and more efficient. For example, CareerBuilder offers recruiting solutions that allow you to target your ideal job seekers with custom campaigns, build your talent pipeline, and source and screen candidates in a fraction of the time. The platform allows employers to quickly create highly visible job postings in one central hub where 140 million resumes and social profiles reside, search for job candidates 50% faster and reduce the overall hiring time by more than 30%. For more information, visit hiring.careerbuilder.com.
Talent acquisition is just one of a business owner’s many priorities. With the right mindset, strategies and tools, you can attract the best candidates for your business and bring them on board quickly.
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In Illinois, the average wage for clean-energy workers is a little over $22 an hour.
CHICAGO - A new look at clean-energy jobs in the U.S. shows growth in Illinois and the prospect of greater gains in the future.
The Department of Energy recently released its annual U.S. Energy and Employment report showing clean-energy jobs increased nearly 4% nationally over the last year, faster than the overall rate of job growth in the nation.
Illinois saw more than 3% growth in clean-energy jobs.
Micaela Preskill, Midwest advocate for the group Environmental Entrepreneurs, said the state is poised to see more growth.
"There's a huge variety of jobs and the types of workers and companies in this industry," Preskill pointed out. "And it has lots of promise to continue putting people to work in Illinois, and to really see tremendous growth in the coming years."
She noted the clean energy industry in Illinois supports more than 123,000 jobs.
Jobs in the clean-energy sector include renewable-energy generation, grid modernization and storage, efficiency upgrades, as well as clean vehicle manufacturing. When looking at the clean-energy industry, researchers at E2 have found wages in the sector on average to be above the national median wage and Preskill added it holds true in Illinois.
"In Illinois, the average wage for clean-energy workers is a little over $22 an hour," Preskill reported. "Which is 13% above the state median wage."
The Department of Energy report showed the energy sector nationally has recovered 71% of the jobs lost during the pandemic, but the distribution of jobs has shifted across technologies.
Preskill noted the current DOE report is based on last year's numbers and does not capture the full impact of recent legislation.
"We've tracked 193 projects that will create 66,000 jobs and amount to $84 billion in private investment," Preskill explained. "And that's just looking at the Inflation Reduction Act. We know that there's been expansion in Illinois, in particular the Climate and Equitable Jobs Act, and even other federal climate policy."
The state's Climate and Equitable Jobs Act was passed in 2021.
by Glenn Mollette, Guest Commentator
According an article on the Business Insider website, the world's total land mass consists of 36.8 billion acres of inhabitable land.
Amazingly, just few people own a lot of our planet.
King Charles III or the Crown Estate owns 6.6 billion acres of land worldwide. This includes Great Britain, Northern Ireland, Canada (90%), Australia (23 %) and a few other spots here and there. They also own the Falkland Islands.
With 6.6 billion acres, King Charles III or the Crown Estate, is far and away the world's largest landowner, with the closest runner-up (King Salman, Saudi Arabia) who holds control over a mere 547 million acres and a net worth of over $18 billion.
Coming in number three on the list is Pope Francis.110 acres owned by The Holy See constitute Vatican City. Also, roughly 17 million more acreage of various lands are owned by the Catholic Church throughout the globe, including the hundreds of Vatican embassies that are legally titled to The Holy See as an independent nation.
Ted Turner ranks high in major world land owners with over 2 million acres of land owned in Georgia, Montana and Argentina.
Jeff Bezos owns about 400,000 acres with much of that being in Texas. Bill Gates owns about 242,000 acres of farmland according to celebrity.net.
According to the US Department of Agriculture, USDA, there are approximately 911 million acres of farmland in the United States
There has been concern about China’s growing land purchases in the United States. Chinese purchases of U.S agricultural land has sparked concern in Congress among a bipartisan group of lawmakers—but 18 other countries own more American agricultural acres than China.
Here are some of the American landowners:
1. Canada (12,845,000 acres)
2. Netherlands (4,875,000 acres)
3. Italy (2,703,000 acres)
4. United Kingdom (2,538,000 acres)
5. Germany (2,269,000 acres)
6. Portugal (1,483,000 acres)
7. France (1,316,000 acres)
8. Denmark (856,000 acres)
9. Luxembourg (802,000 acres)
10. Ireland (760,000 acres)
China ranks number 18 and owns roughly 384,000 acres of U.S. agricultural land, according to a 2021 report from the Department of Agriculture. Of that, 195,000 acres, worth almost $2 billion when purchased, are owned by 85 Chinese investors, which could be individuals, companies or the government. The other 189,000 acres were worth $235 million when purchased and are owned by 62 U.S. corporations with Chinese shareholders. Chinese agricultural land ownership only increased about 550 acres from 2015 to 2019. Then, their ownership jumped 30% from 2019 (Forges.com)
Chinese food manufacturer Fufeng Group bought 300 acres of land near Grand Forks, North Dakota, to set up a milling plant. The project is located about 20 minutes from the Grand Forks Air Force Base, raising national security concerns. (CNBC.COM)
Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company at that time.
Bourbon lovers might be surprised to learn that a large number of Kentucky favorites are owned by Japanese companies. Way back in 2014 Japan-based Suntory bought Jim Beam at a 25 percent premium over market value for $16 billion. That means the world's best-selling bourbon, Jim Beam, is actually owned by a Japanese company. Suntory also owns Maker's Mark, Knob Creek and Basil Hayden.
If you have American land or business to sell, no worries, someone from China or another foreign country just might be interested.
He is the author of 13 books including Uncommom Sense, the Spiritual Chocolate series, Grandpa's Store, Minister's Guidebook insights from a fellow minister. His column is published weekly in over 600 publications in all 50 states. The views expressed are those of the author and are not necessarily representative of any other group or organization. We welcome comments and views from our readers. Submit your letters to the editor or commentary on a current event 24/7 to editor@oursentinel.com.
Some side gigs are better than others. There are five that standout for people who need or want to work from home.
Photo:Bruce Mars/Unsplash
Night deliveries can be a perfect solution for people who work long shifts at home and need something past bedtime.
SNS - As much as we would like to think it is, the COVID-19 pandemic is not over, even though most countries and aspects of life are returning back to normal. Facing the facts, the way we work and live has changed forever. In many respects, the pandemic has brought a new level of financial insecurity that might never ever fully go away.
Thousands of people were laid off in the last couple of years thanks to the global pandemic. For many, their earnings have been significantly reduced or put on pause. This increased the need to look for alternatives to full-time jobs and ways to earn money from home.
If you are looking for a side hustle rake in extra cash when you can’t go to the office, here are five pandemic-proof side gigs that will inspire you to jump into multiple income streams and make ends meet during the next pandemic outbreak.
Step up the delivery game
With people staying at and doing more from home than ever, the number deliveries on a daily basis has increased drastically. Nearly everything - food, drinks, medicines, and even building supplies - can be delivered to
the customer's front door.
Kindel Media/PEXELS
Use this opportunity to step up the delivery game, and instead of joining big companies such as Uber Eats or Door Dash, go for something out of the ordinary.
Carefully research local delivery trends in your city. Look to see if there is a need for something else. Night deliveries can be a perfect solution for people who work long shifts at home and need something past bedtime. Plus, after hour deliveries are billed at a premium, too, so you can earn quite a bit of cash this way.
Sell and rent things you don’t need
Spending more time at home probably gave you time to clean up your home and eliminate the items you no longer need. You should consider selling some of these items and earn some extra money.
Also, renting excess stuff or space in your home is a great way to earn more without making a big commitment.
For example, people living in big cities often have storage issues in their homes. City dewellers are always looking for more space, and renting out space in your storage unit, shed, garage, or basement might be a low-stress way to bring in extra cash without having to really work at it .
Have an RV? Rent by the day, week or even month to people who love to travel. If you have a truck, you might rent out for a day to someone is moving to a new apartment or home.
Renting is a great side hustle because it is a relatively passive income, makes money from things you don’t use, and is incredibly versatile. You can rent almost anything – just be sure to market it correctly.
Become a content writer
Put those good grades in English grammar and information from all the books you have read for school or pleasure to work. It has never been a better time to be bookworm.
All sorts of websites and companies are looking for good writers to develop and provide content for their online platform. Writers who are creative, good with words, and can produce work on deadline will find no shortage of opportunites. Even working part-time, you can earn hundreds of dollars creating online content.
Photo: Alexander Grey/Unsplash
Concentrate on niches you are familiar with to make it easier to do research for you articles and write pieces quickly. And, who knows, this might become your full-time job!
On top of that, content writing is a career you can easily work from home at your own pace. It is one of the best pandemic-proof side gigs! All you need is a computer and an internet connection.
You will also need a place to work where you can focus. Create a writing nook or home office to help you stay away from noise and other distractions.
Virtual assistant – helps others be organized and efficient
If your old job was not the right place to show your organizational skills, punctuality, and creativity, this one might be the right for you. Working as a virtual assistant is a perfect way to demonstrate superior multi-tasking and problem-solving skills while helping others run their businesses smoothly or deal with significant life events organization.
While you can help a business owner deal with time-consuming, repetitive tasks such as managing calls and emails, you can also help people organize events such as weddings or even relocating to new cities.
Let’s say someone needs to move a big household without taking a break at work – you can step in and assist them with the packing organization, hiring a moving team, and other tasks, and show them they can stay productive during the move even when there is a lot on their plate.
Remote tutoring
Another pandemic-proof side-gig you can do with almost any skill you are good at is online tutoring.
The internet has given us the power of live communication, making it easy to teach someone the same way you would in person, so use this to your advantage and earn some money. You can teach kids, older students, and adults – just pick a skill or subject you are really good at and be ready to share your knowledge.
However, tutoring is not something everyone can do. You will need a lot of patience and excellent communication skills, not to mention the ability to adapt to different styles and paces of learning for your students. If you have a skill that is ready to share with others, this is the right side gig for you.
Indeed, the COVID-19 pandemic has caught the business world off guard, and many people struggled to make ends meet. A lot of Americans still have not recovered to pre-pandemic financial health.
This era brought many financial, physical, and mental health issues that we must deal with for years to come. With these pandemic-proof side gigs you can continue to earn money, explore your creativity, skills, and possibilities and feel better about yourself.
Staying at home during a pandemic can be challenging. Finding a way to keep moving forward and working is essential to your mental health and helps to keep anxiety and depression at bay. Throwing yourself into a new opportunity is a great way to develop an always-adapting mindset that will help you overcome hard times, such as job loss, and use your skill set to take advantage of the situation.
Photo: Brooke Cagle/Unsplash
Tutoring online or in-person to help others succeed is a fun and rewarding way to earn money during a pandemic or whenever you need to make extra cash.
PONTIAC - People everywhere are conquering their cabin fever and are enjoying the great outdoors after a long, bitter winter. But before you head out for that hike, health care experts remind you to take precautions to avoid tick bites. Read more . . .
I’ve always known my Arab culture is worth celebrating.
I heard it in Syrian tenor Sabah Fakhri’s powerful voice reverberating in my mom’s car on the way to piano lessons and soccer practice during my youth. I smelled it in the za’atar, Aleppo pepper, allspice, and cumin permeating the air in the family kitchen. Read more . . .
CHAMPAIGN - In a show of solidarity against President Donald Trump's trade and immigration policies, which critics say are harming families and retirement savings, more than a thousand protesters gathered Saturday at West Park near downtown Champaign for the Hands-Off! Mobilization rally. Read more . . .
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A couple of runners found themselves in the wrong race at this year's Illinois Marathon. Over 60 photos from the race that you should see.
GALVA - The Illinois Land Improvement Contractors Association (ILICA) will be hosting its annual trade show February 1-2 at the Isle Casino Hotel in Bettendorf, IA. The trade show opens on Thursday, February 1 starting at 1 pm until 5 pm, and again on Friday, February 2 from 8 am to 12 pm.
The trade show includes more than 35 construction industry exhibitors. The event is mainly tailored for landowners, 
Best Lawyers, which has been tracking trends and innovations in the legal industry for more than four decades, serves as a trusted resource for identifying what it takes to be a preeminent law firm in the United States. Their recently released 14th annual rankings of Best Law Firms, found at bestlawfirms.com, provides keen insight, not only into the most successful law firms, but also the key factors to keep an eye out for when going through the reliably trying task of retaining counsel.
Here is some of Best Lawyers’ advice:
1. Does the firm use the latest technology?
Right now, even the legal profession is abuzz about generative Artificial Intelligence (gen AI) tools. With its ability to parse information more quickly, gen AI offers the immediate potential to automate routine tasks such as research; summarizing long, complex content; and writing first drafts of simple documents such as NDAs. All of which can save both time and money.
And smart firms are closely watching regulations and any risks that this new technology may bring, all while using it for the benefit of the firm and its clients.
2. What do other legal experts think about the way they do business?
There are better options available than just word of mouth when choosing 
According an article on the 
