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Monday Morning Memo-5-30-16
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May 30, 2016
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LEGISLATIVE UPDATE
 
NJ Legislature Continues to Move the Minimum Wage Increase through the Legislative Process

Last week the Assembly did its part in making the $15 Minimum Wage a campaign Issue for 2017.
On May 19th the Assembly Labor Committee voted to replace the original A-15 legislation, an immediate minimum wage increase to $15 per hour, with the Senate's version scheduling an increase to $15 over a four year period.  This ended the disagreement between Senate President Sweeney and Assembly Speaker Prieto on how to best implement the increase. 
On May 26th the Assembly then passed A-15 in its new form and now it is up to the Senate to vote on its version of this bill (S-15).  S-15 currently is with the Senate Budget and Appropriations Committee.  This committee is currently consumed with having a new state budget by the end of June, so it may not take on consideration of S-15 until after this immediate task is done. However, the committee does have a "regular" committee meeting to consider pending legislation on June 6th and S-15 may be added to the list of bills being considered.  
So what's going to happen?  Most political observers believe that Governor Christie will veto a minimum wage increase bill.  Another remote possibility is that the Governor may negotiate a compromise on minimum wage in exchange for something else he wants.  While that may have been possible 3-4 years ago when Governor Christie's popularity was high, it may not occur in today's environment.
In the meantime, anticipating the Governor's veto, the legislative leadership has already announced their intention to pass a constitutional amendment ballot in 2016 and 2017 (which does not require the Governor's consent) that would amend the state's constitution to increase the minimum wage to $15, letting NJ's voters decide this issue in November 2017. 
NJSA and the rest of NJ's business community continues to advocate against legislation which would damage NJ's economy and its rate of improvement.   The current and proposed state budgets are already challenged with lower than originally forecasted tax revenue projections.
What can you do?  Keep letting your representative know where you stand on this and other legislation like this is critically important.  
In This Issue
Legislative Update
Enhance Social Advertising
Effectively Passing the Blame: A Look at Contractual Obligations & Liability Requirements
New Event - June 14 Cyber Security Is Your Company at Rish? Sponsored by Wells Fargo
NJSA Member Benefits
Member Spotlight
Upcoming Events
Enhance Social Advertising - June 1, Iselin, NJ

A Look at Contractual Obligations - Part Two
June 7
Cyber Security Is Your Company At Risk? - June 14, Iselin, NJ

Thanks to Our 
Sponsors

 



 
YOU DO NOT WANT TO MISS THESE IMPORTANT SESSIONS IN JUNE

Enhance Social Advertising JUNE 1, 2016 - 4:00 PM 
 
Small business owners and organizational leaders are often seeking the right mix of tools and tactics to implement marketing strategies. Between Facebook, Twitter, Email Marketing, and several other platforms, it can become overwhelming to make a selection. It is widely known that individuals are spending more time on mobile devices and consuming content on social media like never before. It's important to understand and know where your ideal audience is consuming information, and how to target them.

This session will help make sense of the noise. Today we're going to show you how to make the most of the combination of digital offerings for your business. When the session is done you'll have a greater understanding of marketing tactics, goals and objectives. You'll learn what a "campaign" is and what to write about and offer in that campaign.  You'll be given some simple but powerful tips of how to get your messages opened and read, shared and socially visible.  And you'll see that there are some great tools you can use to help engage with your existing customers and supporters as well as expand your reach to new prospects. Throughout the session you'll be given opportunities to capture your own ideas and build out the framework of your own "next great campaign."  So join us and start to build a plan that will help you grow your business by eliciting the responses you want from your customers or supporters.
 
All guests can participate in a business card raffle for a chance to win Yankee's tickets! THIS IS A FREE EVENT!
 
If you cannot attend the meeting in person, join us at https://join.me/njamsocial - meeting code njamsocial
or join the audio conference at: 1-646-307-1990, access code: 314185576#.
 
Let's celebrate the opportunities presented, so we ask that you join us after hours at Kona Grill for appetizers and cocktails, 511 U.S. Route 1, Iselin, NJ 08830 at 5:30pm.


Sponsored by Advance Media

Click here to register now.

 
NEW EVENT BACK BY POPULAR DEMAND

Effectively Passing the Blame: A Look at Contractual Obligations & Liability Requirements - Part Two

Is your staffing company transferring risk to the right parties?  Are you assuming uninsured liabilities via your contracts?  More specifically, do you know how indemnification provisions can trigger coverage under various liability policies?
 
If you're not paying close attention to your contracts' provisions, your company could be in hot water in the event of a large claim. 


This panel of insurance and legal experts will give you a better understanding of:
  • How contractual indemnity provisions may or may not trigger insurance coverage;
  • Vertical or horizontal exhaustion of limits and satisfying liability requirements in a contract;
  • Additional insured, waiver of subrogation, and alternate employer requirements and how they dovetail with the coverage form;
  • Challenges behind VMS contracts and their downstream insurance requirements and indemnification provisions;
  • Why purchasing cyber liability insurance to satisfy contractual provisions may still leave you exposed.
Panelists:  Martin Borosko, Managing Member, Becker LLP, Timothy Szuhaj, Partner, Becker LLP Kurt Murray, Principal, Assurance and Kerri Quigley, risk Management Consultant for Staffing, Assurance

Fee:  $35 per person
Date/Time: June 7 from 4:00-5:30pm
Networking from 5:30-6:30 pm at Lithos, 405 Eisenhower Parkway,Livingston
Location: Citrin Cooperman, 290 W. Mt. Pleasant Ave., Livingston, NJ

Register online: click here.
NEW EVENT - June 14
 
Wells Fargo invites NJSA members to a workshop on Cyber Security - Is Your Company at Risk?
            
This is a free workshop on protecting your company from fraud.

June 14, 2016  11am-1pm      
Wells Fargo, 2nd Floor Executive Boardroom
190 River Rd., Summit, NJ
RSVP: (908) 598-3138 or to Michael.mammolito@wellsfargo.com
 
Member Benefits
 

NJSA members received a separate email with a link to the new member savings catalog.  

Please go online to www.njsa.com to download a copy if you missed the email.

Member Spotlight
Congratulations to two NJSA members who were voted best places to work in New Jersey in 2016: