01/04/2010

Monday Morning Memo - 01/04/2010

Monday Morning Memo January 4, 2010

Newsletter
January 4, 2010
2010 Web 2.0 Series

The 2010 Business Issues-Expert Resources seminar series, sponsored by NJSA Industry Partners, will kick off its first breakfast meeting on n 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.

IN THIS ISSUE
2010 Web 2.0 Seminar Series
U.S. Census Jobs
UI & COBRA Extension
Paperwork Retention Rules
Quick Links

Become a Member


U.S. Census Jobs

The U.S. Census for 2010 is hiring throughout NJ? NJ residents can schedule an appointment to take a test by calling 1866-861-2010. For more information including a practice test they can visit www.2010censusjobs.gov. The salary range is $13.50 - $20.25 per hour, with paid time for training, and you can work close to home.

President Obama Signs UI and COBRA Extension Into Law

On December 19, President Obama signed into law HR 3326 that provides a two-month extension of the emergency unemployment insurance benefits program and the health insurance subsidies through COBRA. Both programs were originally set to expire on December 30. The COBRA language requires employers to allow former employees to pay subsidized premiums to continue their health insurance benefits for up to 15 months.

Paperwork Retention Rules

This table offers guidance on how long a staffing firm must retain common employment records, under select federal laws. Other requirements may apply to your firm. Be sure to check all applicable federal, state, and local laws, and consult with legal counsel and your accountant for tax and other regulations.

Record

Period of Retention

Applications

One year from the date the record was made or the date the personnel action was taken, whichever is later

Records of personnel actions (hiring, firing, promotion, demotion, transfer, layoff, compensation, selection for training, etc.)

One year from the date the record was made or the date the personnel action was taken, whichever is later

Personnel records relevant to charges of discrimination filed with the Equal Employment Opportunity Commission

Until final disposition of the charge

Primary wage and hour records, including payroll records with name, address, date of birth, occupation, rate of pay, and weekly compensation earned; collective bargaining agreements

Three years

Supplemental wage and hour records, including wage-rate tables, work schedules, and records of pay deductions or additions

Two years

Form I-9

Three years or one year from the date of termination, whichever is later

Employee benefit plans; written seniority or merit rating systems

Period during which plan or system is in effect plus one year

Records relating to leave under the Family and Medical Leave Act, including basic payroll data

Three years

Employment and payroll records under the Federal Insurance Contribution Act, Federal Unemployment Tax Act, and Internal Revenue Code (federal income tax withholding)

Four years from the date the tax is due or the tax is paid, whichever is later

For additional information about any items in this Monday Morning Memo, or to learn more about membership in the New Jersey Staffing Alliance, please contact us at 973-283-0072 or email patk@njsa.com. Our website is http://www.njsa.com. Thank you.


Our mission is to be the advocate for the success and growth of NJSA members and the New Jersey staffing industry through leadership in legislation, education, ethics and professional business practices.