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Monday Morning Memo-04-13-15
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This Monday Morning Memo is Sponsored by

April 13, 2015
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Dear NJSA Members:

 

It is that time of year again ... we have made it through another difficult winter and are set to recharge ourselves and our businesses to benefit from what is projected to be another growth year for the Staffing Industry. We can think of no better way for you to do that than to have you join us at NJSA's Executive Leadership Conference in Atlantic City next week.

 

This year's program is by far the best that our Programs and Education Committee has ever put together and you cannot afford not to be there. The speakers are all outstanding and will offer valuable insights for Best Practices in Leadership, Team Building, Accountability and Motivation. You will also have an opportunity to learn about the most up to date information concerning the Affordable Care Act, the impact is has had on the Staffing Industry and what to expect in the year ahead.

 

We have also "programmed" some time for relaxation, colleagueship and interaction with our Industry Partners, who continue to add incredible value to our Members as a result of their knowledge and understanding of the needs of our business.

 

We encourage you to register today.  Click here for the registration information or go online to our newly redesigned website, www.njsa.com. We are confident that it will be time well spent and that you will return to your office refreshed, enlightened and even more prepared to have a successful 2015.

 

On behalf of our Board of Directors and the both of us, we look forward to seeing you there!

 

Sincerely,

 

 

Elaine Balady              Kathy Warren

Co- President              Co-President

 

 

In This Issue

Program and Event News

Legislative News

Economic News

Upcoming Events

Executive Leadership Conference - April 22-23, 2015 The Borgata Hotel & Casino, Atlantic City, New Jersey

May 14 Evening Seminar - Navigating the Legal Waters of Client Audits: What Happens Past I-9 Completion?

Thanks to Our 2015 Sponsors




  
BONUS FEATURES ADDED to the 10th Annual Executive Leadership Conference - Check out these two new sessions added to this great conference:

 

Staffing & Social Media

Anthony Curlo, President & CEO of DaVinci Technology Corporation, will be kicking off the meeting with an informative discussion covering:

    • Importance of Social Media Platforms
    • NJSA LinkedIn Group, power of group discussions and sharing with your networks
    • How and Why to Tweet
    • Power of the Social Media Salesperson working 24/7, 365 for your firm
    • Increasing Your Company and Personal Brand at very little to NO COST.

We'll see you all in Atlantic City NEXT WEEK!

 

Thank you to our sponsors


 

4th Annual Pre-Conference Golf Outing
 

Tuesday, April 21 at Atlantic City Country Club

1 Leo Fraser Dr., Northfield, NJ


 

Tee Times start at 12:00 pm 

Cost: $99 per player

 

 Click here for the golf flyer and join your friends.

 

Pre-conference Reception, sponsored by Citrin Cooperman, follows in the Long Bar of the Borgata.

 


This bill would increase workers compensation benefit payments (to both public and private employee beneficiaries) more than an estimated $55 million dollars per year with mandatory cost of living increases provided for annually thereafter.  According to the bill's proposal, this increase in workers compensation payments would be paid for by NJ businesses (and it specifically excluded virtually all state and local government entities from contributing to funding this expense) by increasing the Second Injury Fund surcharge (already 6+% of your workers compensation insurance expense) on private-sector workers compensation insurance policies. 

 

In mid-March NJSA joined with many other NJ business organizations in opposition to passage of this bill.  It originally was scheduled for a vote by the entire Assembly on March 26, 2015.  However, due to vocal and strong opposition, the bill was removed from the list of bills being voted on by the Assembly and was not voted on as scheduled.  Obviously a vote could be rescheduled by the Assembly leadership in the future, so NJSA and the rest of the business community will continue to monitor this situation.


Events we are following closely:  The April 9th court hearing on the legal challenge to the Trenton Paid Sick Leave Ordinance.

 


Staffing Employment Up in March

According to the Bureau of Labor Statistics, staffing firms created 11,400 new jobs in March, up 0.4% from February and 5.3% from March 2014. Year-to-year staffing job growth averaged 5.7% over the past 12 months.

Non-seasonally adjusted BLS data, which estimate the actual number of jobs in the economy, indicated that temporary help employment increased 1.5% from February to March.

The unemployment rate held at 5.5% in March, down 1.1 percentage points from a year ago.

Search and placement jobs totaled 313,400 in February, 9.4% higher than in the same month last year.
 

 
New Data from ASA Quarterly Staffing Employment and Sales Survey

U.S. staffing companies employed an average of 3.2 million temporary and contract workers per week in 2014, up 5.4% from 2013, according to data released by the American Staffing Association.

 

In the fourth quarter of 2014, average weekly staffing industry employment grew by 137,100 workers-- 4.2% more than in the third quarter.

 

Temporary and contract staffing sales were 7.9% higher in the fourth quarter of 2014 compared with the same period the prior year, totaling $30.54 billion. Fourth quarter sales were 3.7% higher than in the third quarter of 2014. For the full year, sales were up 5.7% over the prior year.


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.