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Jobs Bill and New Hire Credit Passed by House

The House of Representatives passed the legislation on March 4. The jobs bill contains two major provisions. First, it would exempt businesses hiring the unemployed from the 6.2 percent Social Security payroll tax through December and give them an additional $1,000 credit if new workers stay on the job a full year. The Social Security trust fund would be reimbursed for the lost revenue. Second, it would extend highway and mass transit programs through the end of the year and … Continue reading Jobs Bill and New Hire Credit Passed by House

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Web 2.0 and The Staffing Industry

The 2010 Business Issues-Expert Resources seminar series, sponsored by NJSA Industry Partners, will kick off its first breakfast meeting on January 26 at the Sheraton Edison Hotel.  This is a FREE EVENT for owners, managers and employees of staffing firms who want to utilize the various social networking tools available for sourcing clients and candidates.    There will be five other breakfast/evening sessions on web-related and social networking topics – the most complete educational series on these important tools for … Continue reading Web 2.0 and The Staffing Industry

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Proposed Changes to NJ Unemployment Compensation Law

On October 5, 2009, the New Jersey Department of Labor and Workforce Development (“NJDOL”) issued a proposed amendment to the regulations governing the New Jersey Unemployment Compensation Law.  Specifically, the NJDOL is seeking to amend the existing definition of “misconduct” set forth in N.J.A.C. 12:17-10.2(a) for purposes of determining when a claimant may be disqualified from receiving benefits when they have engaged in such “misconduct” in connection with their work. Under the existing regulation, misconduct “must be improper, intentional, connected … Continue reading Proposed Changes to NJ Unemployment Compensation Law

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Eye On Trenton

Staffing NJ PAC contributed to the campaigns of the following Assembly representatives who were reelected: Jay Webber, Joe Cryan, Nellie Pou, Joe Malone, Upendra Chivukula, and Michael Doherty. Voters could decide whether to prevent governors and legislators from dipping into state funds meant to benefit workers. The Assembly Labor Committee unanimously approved ACR134 which would prevent the Unemployment Insurance Trust Fund from being diverted to other budget expenses. From 1989 to 2005, governors and legislators from both parties diverted more than $5 … Continue reading Eye On Trenton

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New Employer-Paid NY Payroll Tax

On May 7, 2009, legislation was enacted creating the Metropolitan Commuter Transportation Mobility (MCTM) tax – a new employer-paid payroll tax – as part of a bailout plan for the Metropolitan Transportation Authority (MTA), which manages buses, trains, bridges, and tunnels in New York City and surrounding areas. The MCTM tax is imposed on employers engaged in business within the Metropolitan Commuter Transportation District (MCTD).  The MCTD is comprised of 12 counties served by the MTA, which includes New York … Continue reading New Employer-Paid NY Payroll Tax

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When Will New Jersey Employers Start Hiring?

According to a quarterly report conducted by CareerBuilder.com, as the U.S. economy shows early signs of stabilization and employers grow more willing to have conversations about their hiring needs, staffing firms are expected to see an uptick in demand in key functional areas in the third quarter. The report tracks current and projected use of staffing firms by employers and job candidates, is pointing to more activity in healthcare, technical and contract hiring for staffing firms. The study included over … Continue reading When Will New Jersey Employers Start Hiring?

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New York Adopts Revised Wage Notification Rules With Special Guidance for Staffing Firms

New York Governor David Patterson signed into law legislation requiring employers to notify employees in writing at the time of hire of their regular and overtime hourly wage rates, and to obtain a written acknowledgement of receipt of such notice. The new requirements take effect October 26, 2009.   However, as a result of discussions with representatives from the New York Staffing Association, it was noted that staffing firm pay rates for particular employees vary by assignment and therefore it … Continue reading New York Adopts Revised Wage Notification Rules With Special Guidance for Staffing Firms

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Eleven Warning Signs of a Counteroffer

The candidate says he doesn’t believe his company will give him a counteroffer. The candidate says he will have to consider the counter if it is given to him. The candidate’s motive to move (‘I don’t like our policies here’) could still be ‘worked out’ by his employer when he leaves. The time it takes for a candidate to return your call is longer than normal. The candidate agrees to accept the offer, then asks for ‘one more thing’ after … Continue reading Eleven Warning Signs of a Counteroffer

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New Jersey Budget and Business Taxes

An increase in individual income taxes passed by the state Legislature last month will also affect many New Jersey businesses, since many business owners pay personal income taxes on their business profits. The state increased the income tax from 6.37 percent to 8 percent for income between $400,000 and $500,000; from 8.97 percent to 10.25 percent for income between $500,000 and $1 million; and from 8.97 percent to 10.75 percent for income exceeding $1 million. The increases are set to … Continue reading New Jersey Budget and Business Taxes

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Should New Jersey Reform Healthcare?

A health care reform bill, drafted by the Senate Committee on Health, Education, Labor and Pensions (HELP) is being debated by Committee members this week. The Committee bill includes an employer mandate that requires employers that don’t provide health insurance to their employees to pay an annual fee to the government of $750 for each full-time employee and $375 for each part-time employee. But the fee provision does not take into account employees, such as temporary, part-time, and seasonal employees, … Continue reading Should New Jersey Reform Healthcare?

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