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 Bittner
President / CEO
TRICOM

It was October 1989. A television show called Seinfeld had recently premiered, and people were diving into the new book The 7 Habits of Highly Effective People while listening to Milli Vanilli’s latest hit. In Wisconsin, a group of staffing industry veterans had decided it was time for a better way to deliver total staffing administrative services, payroll/billing analysis and processing, and payroll financing. The result was TRICOM.

Social security numbers (SSNs) first came into use in 1936 for the purpose of tracking U.S. workers’ earnings in order to determine their Social Security benefit, which, at that time, was a newly-launched government program.

Are you maximizing your profit for each placement? Do you know the exact costs every time you place an employee? Or how a change in the cost of benefits or a liability can impact your profitability? It all comes down to how you determine your bill rate.

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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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