January 24, 2020

Kansas City Fed: Manufacturing Activity Essentially Flat

Published January 24, 2020 ■ Headline News

Manufacturing activity in the Plains states was nearly flat in January, while expectations for future activity expanded, according to the Federal Reserve Bank of Kansas City. The month-to-month composite index was -1 in January, slightly higher than -5 in December. Most month-to-month indexes remained slightly negative in January, and inventories continued to decline. However, the month-to-month employment index rose back into positive territory for the first time in more than six months, and the supplier delivery time index also was slightly positive. The future composite index grew from 9 to 14 in January.

Contacts reported slightly less difficulty finding workers than six months ago, but still over 60% of firms experienced labor shortages.

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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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Free ASA Webinar Next Week—Background Checks

Published January 24, 2020 ■ ASA for You

Employers need to know the issues they could face when performing background checks on candidates and employees. Find out how to use social media for hiring, comply with applicable laws, and more during the ASA webinar “An In-Depth Conversation on Background Check Compliance.” It takes place Thursday, Jan. 30, 2–3:30 p.m. Eastern time.

All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.

Show Your Commitment to Safety: Develop Your Safety Management System

Published January 24, 2020 ■ ASA for You

With many staffing clients adopting a “safety management systems” approach for their businesses, your firm can improve client relationships and employee safety by demonstrating a commitment to workplace safety issues. Learn how the Safety Standard of Excellence^® program can help you differentiate your company.

Get tips on developing a comprehensive safety and health system that is proactive and preventive—access the free ASA On-Demand webinar “Demonstrate Your Commitment to Worker Safety: Be a Trusted Partner and Employer of Choice.”

Learn why your firm should earn the Safety Standard of Excellence mark today.

NSC is offering ASA members a 20% discount on the assessment fees for consultations. Visit americanstaffing.net/safety to learn more.

Welcome New ASA Members

Published January 24, 2020 ■ ASA for You

The ASA board of directors and staff welcome the following new members, which joined during the week ending Jan. 19.

Extraordinary Headhunters
Columbia, SC

HIRE Strategies
Raleigh, NC

MeritHall
Livonia, MI