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

 
For the longest time, there was a stigma attached to asset based lending and those companies that used it. It was for companies with bad credit, strapped for cash, and unable to get funding from traditional sources such as banks.
 
Not anymore.

Are You Looking to HIRE?

 
By Julie Ann Blazei
President/ CEO Tricom Funding
 
One of the hallmarks of the recession is the number of unemployed workers throughout the U.S. These numbers have reached new highs, the likes of which many of us have not seen in our lifetime.
 
 

Brace Yourself: SUTA is on the Rise

 
 

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Legislative Updates

"...What is in effect as of this week, a requirement for businesses to use E-Verify, an online program that allows employers to input information from required I-9 hiring forms and find out a new employee's legal work status..."

Read full article:  http://bit.ly/vue6kB

Effective in January 2012, the combined employee payroll tax rate for New Jersey employees is reduced to .00705 from .00985 in 2011.  This means a savings of $87 per worker.  This equals approximately $190 million in direct tax relief to New Jersey employees.

21 States will be added to the FUTA credit reduction list due to failure to pay back on loans from the federal government to continue paying unemployment benefits.  After a state has had an outstanding Title XII loan balance for two consecutive years on January 1, employers in that state face a 0.30% reduction in the FUTA credit if the loan is not paid back by November 10 of that same year. 

http://www.treasurydirect.gov/govt/reports/tfmp/tfmp_advactivitiessched.htm

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