News

News

They share any information that’s available concerning our business or things that might affect our business. And I think they also are very effective in helping you understand why you need to look at things differently if you’re not looking at them the right way.
- Tanya Henry, Executive Director, Milwaukee Careers Cooperative

 

We are constantly on the alert for all the latest industry news, legislative updates, trends and more that could possibly impact your staffing business. Our president and CEO, Julie Ann Blazei, also shares her insights on the staffing industry in her message (link below). And when we don’t see information about a topic we feel is critical for you to know, we create it ourselves to share in our monthly email.

Press Room

By Brad Bialy, Haley Marketing Group

With Facebook reporting 2.2 billion monthly users in Q4 of 2017, gone are the days when staffing firms could disregard Facebook as a viable recruiting tool.

But, with great opportunity comes great challenge.

Taking clients or prospects out for a meal or an event has been a long-standing business practice. It's a great way to get to know both them and their businesses better, while developing lasting relationships. Under the new Tax Cuts and Jobs Act implemented at the start of this year, the tax implications for these activities have changed.

Progressive employers are embracing the forces of change brought by a multi-generational workforce. Employees in today’s workforce span four generations: Baby Boomers (1946-1964), Generation X (1965-1980), Millennials (1981-1997) and Generation Z (1998-2002).

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Legislative Updates

On March 22, 2018, the Wisconsin State Assembly passed a bill to preempt local governments from enacting and enforcing ordinances related to a multitude of employment matters. Since the bill has now passed both chambers of the Wisconsin Legislature, it is expected to be signed into law by Governor Walker in the next week or two. The bill, AB 748, would standardize employment law across the state by prohibiting local governmental units from enacting their own employment law regulations.

Cision PR Newswire (10/26/2017)

Premium renewal rates (the comparison of similar plan rates year over year) for employer sponsored health insurance rose an average of 6.6%—a significant increase from the five-year average increase of 5.6%, according to the 2017 United Benefit Advisors (UBA) Health Plan Survey, released today.

Click here to read more about this.

Insurance Journal (10/26/2017)

California Insurance Commissioner Dave Jones has adopted an advisory pure premium rate that lowers the benchmark to $1.94 per $100 of payroll for workers’ compensation insurance.

Click here to read more about this.

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Health Updates

The Affordable Care Act (ACA) created new reporting requirements under Internal Revenue Code sections 6055 and 6056. Under these new reporting rules, certain employers must provide information to the IRS about the health plan coverage they do or do not offer to their employees.  

 
The United States Department of Labor just released new FAQs on the upcoming deadline for sending notice of coverage options.  A notice to employees about the Health Insurance Marketplace must be sent by October 1st of this year.  For more on formation on this, including whether fees apply and templates for writing your notice, please visit their website here: http://www.dol.gov/ebsa/faqs/faq-noticeofcoverageoptions.html
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