Employment/HR News
Trifac Fund - A Workers Compensation Self Insurance Program.
Enters its 13th year in operation.
Federal and State officials get tougher on worker misclassifications.
As state and federal regulators increasingly crack down on businesses that government officials say are misclassifying employees as contractors, the Internal Revenue Service is expected to raise around $7 billion over 10 years from the crackdown as companies are made to pay Social Security, Medicare and unemployment insurance taxes for those workers.
Minnesota: Study finds comp costs per claim are low
Workers' compensation costs per claim for injured workers in Minnesota were among the lowest of 15 states examined in a recent Workers Compensation Research Institute study. click here for more....
The Conference Board says U.S. labor market faces bumpy road from recession to recovery
The contradiction that showed U.S. employment and unemployment both going up in January is one of several complex aspects of the labor market's road from recession to recovery, The Conference Board reported March 2. Real GDP, consumer spending, and productivity increased in the U.S. in late 2009, and the speed of job losses declined from 2008 and the first half of 2009. But there have not been consistent monthly gains in net hiring. In January 2010, the U.S. labor market shed jobs, yet the unemployment rate fell. "We'll experience more months of these mixed signals before the labor market reaches sustained recovery," says Christopher Woock, researcher, human capital, The ConferenceBoard.
SSI Group
9401 James Avenue South, Suite 160
Bloomington, Minnesota 55431
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Miriam Canseco
General Manager
952-392-6906
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Alan Willey
Payroll
952-392-6909
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Jim Croft
Corporate Risk Manager
952-392-6914
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Cindy Lee
Senior Coordinator
952-392-6915
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