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

It’s hard to believe that 2018 is quickly coming to a close. That means new tax and minimum wage changes are on the horizon. In preparation for the new year, we’ve compiled a list of important changes that will help you prepare your staffing company for 2019.

Earned Income Tax Credit Notice Information:

Recently, states have been entering into joint efforts with the US Department of Labor to identify employees who are misclassified as independent contractors. This has been a hotbed issue for the past few years, however, with the assistance of the U.S. DOL, this issue will only become more prevalent, allowing for more investigations and more companies, in all industries, to be audited.   

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Legislative Updates

Lexology

The Fair Labor Standards Act and New York’s Minimum Wage Orders require employers to pay non-exempt employees overtime for all hours worked over 40 hours in a workweek.

AP News

Voters in conservative Utah have decided to join the growing number of states legalizing medical marijuana and expanding Medicaid to cover tens of thousands more low-income residents, two issues that had long stalled out with conservative state lawmakers.

AM Best

Alaska Insurance Director Lori Wing-Heier has approved average workers’ compensation loss cost reductions of 14.8% in the voluntary market and 17.5% in the assigned risk market.

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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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