Accelerate Growth with Customized Solutions Northrim’s Treasury Management team can help you focus on what is important — growing your business. With our customizable solutions you can: » Leverage automation to reduce time and costs » Manage cash flows to maximize profitability » Mitigate fraud to reduce loss and reputational risk Call (907) 562-0062 today to discuss your unique business needs. ACHIEVE MORE OUR BUSINESS IS TO HELP YOUR BUSINESS www.AKRDC.org 23 VOLUME 1 | ISSUE 2 | SUMMER 2024 mandated element that would make doing business in Alaska more difficult.” There are a lot of reporting requirements that comes with the initiative and Capozzi said it is very “ill-defined.” Capozzi also said that the initiative does not specifically identify what constitutes sick leave. “Imagine you’re a tourism company at the end of your season and you’re in your last week and someone says ‘Oh, I’m sick. I need to take some sick leave.’ That’s something that becomes a huge concern for tourism companies,” Capozzi said. Capozzi added that the tourism companies already have a hard time keeping people on staff at the beginning and end of the season. With the addition of this initiative, it could hinder the company’s operations. “It’s more red tape for businesses that already are struggling to make ends meet. Especially in this high cost, high inflation environment,” Capozzi said. For more information regarding specific ballot details, see www.elections.alaska.gov/petitions-and-ballot-measures. HARRY WHITED IS A LIFELONG ALASKAN STUDYING JOURNALISM AT THE UNIVERSITY OF KANSAS. HE ENJOYS RETURNING TO HIS HOME STATE OF ALASKA TO ENJOY THE ABUNDANT OUTDOOR OPPORTUNITIES WITH HIS FAMILY AND FRIENDS. HERE HARRY HOLDS A RAINBOW TROUT CAUGHT BY HIS GRANDFATHER DR. JOHN ERKMANN. “The sick leave in particular we have concerns within the hospitality industry, the tourism industry and the fishing industry. These are businesses that are very nimble and frankly don’t have the ability to do things like offer sick leave and keep track of it.” — Katie Capozzi, President & CEO, Alaska Chamber
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