June 1, 2015

Order Updated Certification Materials Now

Published June 01, 2015 ■ Announcement

ASA soon will release newly updated editions of Co-Employment: Employer Liability Issues in Third-Party Staffing Arrangements and Employment Law for Staffing Professionals, which will be available as print textbooks and ebooks. ASA also will release updated Certified Staffing Professional^® and Technical Services Certified^SM certification packages, which will include the new textbooks, new federal and state workbooks and exam questions, and a new video-based study tool.

Find out more and preorder the new books now at americanstaffing.net. All prices include free shipping within the continental U.S. Orders will ship in August.

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.

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For Fed, Dollar’s Strength Complicates Rate-Hike Calculus

Published June 01, 2015 ■ Headline News

Wall Street Journal (05/31/15) Josh Zumbrun

U.S. Federal Reserve officials had expected to begin raising short-term interest rates by mid-2015, but the rapid rise of the U.S. dollar and an economic slowdown has put a wrench in the works. The dollar climbed by about 13% against a basket of other currencies over the six months ended March 31. The economy contracted by a 0.7% annual rate in the first quarter, thanks to a 14% decline in exports. Recent Fed models also demonstrate that the dollar will continue to be a drag on the U.S. economy over the next several months, forcing the central bank to lower its latest growth forecasts, which will be released at the June 16-17 policy meeting.

Many investors expect the Fed to raise short-term interest rates in September, but officials caution they will not act until they see greater labor market improvement and are confident that inflation will rise toward their 2% goal.

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ASA Webinar Tomorrow—Sponsoring Foreign Workers

Published June 01, 2015 ■ ASA for You

Don’t miss tomorrow’s ASA webinar “H-1B Sponsorship—What Staffing Firms Must Know,” 3–4 p.m. Eastern time. Find out how to take advantage of the H-1B visa program, which allows U.S. employers to sponsor and temporarily employ foreign workers in specialty occupations.

ASA webinars are $295 for nonmembers and qualify for continuing education hours toward ASA certification renewal. Join ASA and enjoy ASA webinars for FREE.

Register for Staffing World® 2015 by Next Friday to Save up to $300

Published June 01, 2015 ■ ASA for You

Staffing World 2015, the largest, most comprehensive convention and expo in the staffing, recruiting, and workforce solutions industry, will take place Oct. 27–29 in Nashville, TN. Registration is now open—and you can save up to $300 per person when you register by June 12.

Get more information and register online at staffingworld.net. ASA members get a discount, so join ASA and save even more.