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Monday Morning Memo-03-02-15
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March 2, 2015
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10th Annual Executive Leadership Conference

"This winter can't last much longer."  

So, plan your spring at NJSA's 10th Annual Executive Leadership Conference, April 22-23 with golf and a pre-conference reception on April 21, sponsored by Citrin Cooperman.

The theme for this year's conference is "Your Staffing Toolbox ... Build to Lead."


The 10th Annual Executive Leadership Conference is set for The Borgata Hotel Casino and Spa and The Water Club. We have a very special rate of $115 - call 1-800-609-317-1000 with group code GBNSS15 and reserve your room by April 11th.  The conference attendee brochure will be out shortly.


We also have a variety of sponsorship opportunities for Industry Partners. Download your copy of the sponsorship brochure and book your hotel room today!


Industry Partners - click here for your sponsor and registration brochure.


Thank you to our sponsors


In This Issue
Program & Event News
Legislative News
Economic News

Industry Partner Breakfast

March 31, 2015


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

Thanks to Our
2015 Sponsors



Ban the Box Legislation Effective March 1


'The Opportunity to Compete Act," which Governor Christie signed into law in August, takes effect March 1st and that bars many companies from asking job applicants if they have criminal histories until they've been granted a job interview.

The New Jersey Department of Labor and Workforce Development only this month submitted a copy of draft rules to the Office of Administrative Law on how to implement it - the first step in a lengthy process of implementation; so at the very least, it's going to be at least several months before the rules are formally adopted.

On February 25th, the Labor Department posted a draft copy of the rules on its website - a few days after NJ Advance Media began inquiring about them. Murray insisted the inquiry had nothing to do with the decision to post them.

The campaign for the law was dubbed "ban the box" - referring to a box on applications asking about criminal histories. The law does ban that box, and requires companies give interviews to candidates before asking about criminal histories. It applies to companies with 15 or more employees, and there are some exceptions, such as law enforcement and any jobs that laws already require criminal background checks.

Companies that violate the law are to face fines of $1,000 for the first violation, $5,000 for the second and $10,000 for each violation after that.

Slow Wage Growth Predicted for U.S.

The wages of U.S. workers are anticipated to grow 1.7% over according to the PayScale Index, which follows the change in wages of employed U.S. private-sector workers. National wages during the fourth quarter of 2014 increased 0.6%. Since 2006, wages have risen 7.5% overall in the U.S. But when inflation is factored in, "real wages" have actually fallen 7.5% during this period. 

The top five U.S. metro areas that experienced the highest annual wage growth in 2014 were: 
  • San Diego (3.7 percent). 
  • San Francisco (3.6 percent). 
  • Seattle (2.8 percent). 
  • Houston (2.6 percent). 
  • Dallas (2.5 percent). 
The bottom two U.S. metros that experienced the lowest annual wage growth were: 
  • Washington, D.C. (0.5 percent). 
  • Miami (0.9 percent). 
Among the industry sector findings: 
  • The oil and gas industry saw lower average annual growth in 2014 (0.9 percent) than has been typical, likely resulting from the recent drop in gas prices, the index showed. However, this industry has experienced impressive wage growth of 19.3 percent since 2006, the highest of any U.S. industry. 
  • Real estate may be recovering, with high quarterly wage growth of 0.7 percent in the fourth quarter. The final quarter's performance brought the industry's annual wage growth for 2014 to 3.3 percent. 
  • Information technology (IT) jobs had relatively small wage growth in the fourth quarter, at 0.3 percent, resulting in 1.6 percent annual wage growth. However, IT boasts an impressive wage growth of 11.5 percent since 2006. 

In addition, legal jobs saw large annual wage growth (3.8 percent) in 2014. Annual wage growth
for legal jobs was the second highest it has been since the index's inception in 2006.

(Source: PayScale) 

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