April 13, 2015

After Big Chill, Economy Seen Warming Up

Published April 13, 2015 ■ Headline News

MarketWatch (04/12/15) Jeffry Bartash

Although retail sales, new home construction, and consumer sentiment are high, manufacturing has been hurt by a strong dollar that is slowing U.S. exports. Industrial production is expected to fall by 0.3% in March, and gross domestic product likely will grow only 1.5% during the first quarter of 2015. This was the second year in a row that a harsh winter has chilled the economy during the first quarter, and it is unclear whether this slowdown will be temporary.

Read the full story

Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.

Read the full story

Participate in the ASA Quarterly Staffing Employment and Sales Survey

Published April 13, 2015 ■ ASA for You

The association’s quarterly Staffing Employment and Sales Survey for the first quarter of 2015 is now open. Staffing firms that complete the brief survey will receive an exclusive report on the results—now enhanced with graphs and an executive summary. The report also includes representations of sector-level data.

The data collected by this survey enable ASA to track staffing sales and gross margin trends. Participate in the Staffing Employment and Sales Survey by May 27 to get the staffing industry information you’re looking for.

Register to take the survey, or view the questionnaire, at americanstaffing.net. The survey is sponsored by ASA research partner CareerBuilder, and there are no fees to participate.

The 2015 ASA Staffing Law Conference Starts in Two Weeks

Published April 13, 2015 ■ ASA for You

The ASA Staffing Law Conference is the only event dedicated exclusively to the legal and regulatory issues facing staffing, recruiting, and workforce solutions companies. It takes place April 28–29 at the Gaylord National Resort & Convention Center in metro Washington, DC.

Sessions include

The ACA Four Months In—What Staffing Firms Need to Know Now

Find out about the Affordable Care Act’s employer reporting requirements, employee participation in staffing firm health plans, and how clients have reacted to the new law in this discussion led by ASA senior counsel Ed Lenz.
OSHA’s Temporary Worker Initiative and How to Stay Compliant

Learn how the U.S. Occupational Safety and Health Administration is working to enforce policies and practices designed to improve temporary worker safety and well-being.
On the Frontlines—Legal Issues for Sales Personnel

Get strategies for communicating with salespeople about potential legal issues and liability for their staffing firms and the importance of compliance.

ASA-certified professionals can earn up to 9.5 continuing education hours, including 8.25 hours of legal CE. That’s more than enough CE to cover the legal CE requirement for your entire three-year renewal cycle. Review the full agenda and register today at staffinglawconference.net.