New 1099 Law Pierces the Corporate Veil of Hidden Independent Contractors June, 9th 2010 The impacts of the new healthcare laws on contingent workforce management will not be fully understood for some time, and could be subject to change before they take effect. But some provisions of great concern are approaching rapidly, including a little understood and newly highlighted 1099 reporting provision slated to take effect on January 1, 2012.
Top 3 Business Challenges in 2010 There has been plenty of talk lately about the changes businesses will need to make if they are to see growth in 2010 and beyond.
The Conference Board’s 2010 CEO Challenges Survey reflected a shift into post-recession initiatives nationwide. The item at the top of their list was not surprising: Business growth basics - the same as before the recession, but what does this entail:
More Workers Starting to Quit: Has the war for talent begun?
Managers are hearing something they have not heard in a while, I quit!
Dating back to the early 1970’s every recessionary period has been followed by a period of reduced unemployment. Although, each downturn is unique, a constant is the war for talent which begins as soon as the recession ends.
According to the Bureau of Labor Statistics (BLS) this is the first time since late 2008 that the number of employees voluntarily quitting surpassed the number being discharged or fired. This is significant as recent sentiment indicates that this will continue in the coming months. A poll conducted by Right Management at the end of 2009 had roughly 60% of the participant’s state; they intended to leave their positions when the market improves.
