The TRICOM Client Conference was a success thanks to our wonderful clients and sponsors who came, participated, shared their insights, and were just generally awesome.

Our team was excited to have the opportunity to spend time with them while sharing our hometown, connecting with our partners, and learning together.

We extend our thanks to everyone who attended, our sponsors, our speakers, and our employees — each of you played a critical role in making the TRICOM 2022 Client Conference a resounding success!

There was one aspect of the conference of which we are particularly proud. During the conference, CEO Julie Ann Bittner decided to have attendees and sponsors participate in a water filter build she had learned about earlier in the year while attending a conference herself.

“Social responsibility is very important to me along with educating others about social responsibility and the impact we can make in our community and our world,” explains Julie Ann.

There’s been a lot of talk about the economy lately. From inflation to employment, wages, rising interest rates, and more, 2022 is starting out as a year where the economy is set to take center stage.

Recently, TRICOM’s President / CEO Julie Ann Bittner sat down with Jason Turner, Chief Investment Strategist of Great Lakes Advisors to talk about the economic outlook as it stands today. They discussed what it tells us about the current environment and what the year may bring in terms of changes and trends. Jason also addressed questions such as:

What is “the Great Resignation” of 2021 and how is it impacting employment supply and demand?

Will wages increase to meet the shortfall between job openings and hiring as well as workers demands due to the rising cost of living?

What is the media not talking about?

Earlier this month, Julie Ann and Jason sat down to discuss the topic that’s been on everyone’s mind lately: the economy.

After facing another tumultuous year, we’re getting ready to wrap up 2021 and are looking to 2022 with hope and anticipation. If there’s anything we’ve learned over the last two years, it’s that sometimes it can be hard to know what to expect.

That’s why it’s important to be prepared for the changes we know are coming — specifically tax and wage changes.

We’ve put together a list of the top changes that you’ll need to prepare your staffing business for 2022. From minimum wage increases, to states with changing tax tables, to Earned Income tax credit notice requirements, we’ve collected the information you need to face the tax changes coming in 2022 with confidence.

Earned Income Tax Credit Notice Information:
For 2021, you are encouraged to notify the following employees that they may be able to claim EIC on their 2021 tax returns:

We don’t need to tell you that 2020 was a tough year for staffing. The industry as a whole was down approximately 11 percent for the year. In 2021 the industry has reversed course and is currently at 16 percent growth overall, with some segments greatly exceeding this mark.

Will this trend continue for 2022?

Julie Ann Bittner, TRICOM President & CEO, spoke with Adrianne Nelson, Staffing Industry Analysts Senior Director of Global Membership Products, in this month’s Insights With Insiders podcast to discuss the research and trends propelling the staffing industry into the next year.

Adrianne reveals staffing segments that are growth drivers, as well as those struggling to make a comeback and suggestions on breaking into new segments. Adrianne and Julie Ann also look at how automation and staffing platforms are transforming the industry, as well as lessons learned from COVID including trends in remote work and e-commerce, and vaccine mandates.

You’ll want to listen to the podcast for the full details, but in the meantime, we’ve outlined some key points.

As staffing company business owners and managers, you’ve had a lot to think about and adapt to in the last 18 months or so. That’s why part of our job at TRICOM is to make sure we stay abreast of any changes – tax, legislative, or otherwise – that could impact your business.

One such change is the FUTA Credit Reduction.

The standard FUTA tax rate is 6% on the first $7,000 of wages subject to FUTA. Employers receive a credit of 5.4% if they pay their quarterly unemployment in a timely manner using Form 940, making the rate .6% (the percentage we are used to). If your state has a federal loan for unemployment that has not been paid within the given timeframe, your credit is reduced by .3% each year.

We’ve always been big proponents of well-run staffing industry conferences. We love the opportunity to learn more about what’s going on in the industry, as well as what’s on the horizon. But most importantly, we look forward to all the face-to-face conversations we have with colleagues and friends. It’s those connections that we cherish and that we missed last year.

Conference organizers did a tremendous job of carrying on in a virtual format last year. But we’re very excited to be back in-person for what we think are some of the best national staffing conferences of the year: ASA Staffing World 2021, SIA Healthcare Summit, and TechServe Alliance Executive Summit.

They’ve got it all: excellent speakers and itineraries, great opportunities for networking, a focus on safety, and fantastic venues.

Plus, there’s still time to register if you haven’t already!

ASA Staffing World 2021
September 28 – 30
Denver, CO
https://americanstaffing.net/sw21/