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 Julie Ann Blazei
President /CEO at Tricom Funding
 
With credit markets still tight, it can be overwhelming to compare the available funding options for staffing agency owners. How do you know if you’re getting a good value? How can you compare apples to apples when looking at different types of funding? What questions should you be asking to ensure your interests are covered? 

 

Tricom To Offer Clients Avionté Technology Solutions 

 
Milwaukee, WI, January 24, 2013: Tricom Funding, a financial services provider for the staffing industry, is pleased to announce a new partnership with Avionté, a staffing software technology company offering Applicant Tracking Systems.
 
By Julie Ann Blazei
President /CEO at Tricom Funding
 
Financing. It’s the lifeblood of a staffing company. A good financial partner can enable growth and allow you to focus on building your staffing business, while choosing the wrong partner can lead to endless headaches, unexpected costs and missed opportunities.
 

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Legislative Updates

 
"...Arizona Revised Statutes § 23-730.01 imposes a Special Assessment (SA) on taxable wages paid in 2011 and 2012. This is necessary to meet federally imposed unemployment trust fund obligations. The Department of Economic Security (DES) Unemployment Insurance (UI) Tax Section is responsible for collecting the SA along with employers’ regular quarterly UI taxes (reported on Line 7, Part C of the Unemployment Tax and Wage Report, form UC-018)..."
 
 
"Like many other states, Wisconsin’s Unemployment Insurance (UI) Reserve Fund had to rely on federal loans to help fund unemployment benefits paid to record numbers of claimants during and following the deep national recession of 2007-09.
 
The federal government began charging states interest on these loans in 2011, and Wisconsin in September 2011 made its first payment, totaling $42.3 million, with funds collected through a special assessment on employers.
 
 
It’s only half as much as the increase this year, but Ohio’s minimum wage will get a boost on Jan. 1, 2013. The minimum wage will rise 15 cents, to $7.85 an hour, in the new year, the Ohio Department of Commerce announced yesterday. For tipped employees, the new minimum will be $3.93 per hour, an increase of 8 cents an hour.
 

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