News

News

They share any information that’s available concerning our business or things that might affect our business. And I think they also are very effective in helping you understand why you need to look at things differently if you’re not looking at them the right way.
- Tanya Henry, Executive Director, Milwaukee Careers Cooperative

 

We are constantly on the alert for all the latest industry news, legislative updates, trends and more that could possibly impact your staffing business. Our president and CEO, Julie Ann Blazei, also shares her insights on the staffing industry in her message (link below). And when we don’t see information about a topic we feel is critical for you to know, we create it ourselves to share in our monthly email.

Press Room

It’s critical for a staffing company owner to keep up with legislative changes at local, state and federal levels. Changes to the law can have a huge impact on your profitability, and may even change the way you conduct your staffing business. That’s why we post legislative updates to our Tricom website, Facebook page and Twitter feed as soon as we hear about them. But wouldn’t it be nice to have a voice in those legislative decisions before they are voted into law? 

 

By Julie Ann Blazei
President /CEO at Tricom Funding
 
With credit markets still tight, it can be overwhelming to compare the available funding options for staffing agency owners. How do you know if you’re getting a good value? How can you compare apples to apples when looking at different types of funding? What questions should you be asking to ensure your interests are covered? 

 

Tricom To Offer Clients Avionté Technology Solutions 

 
Milwaukee, WI, January 24, 2013: Tricom Funding, a financial services provider for the staffing industry, is pleased to announce a new partnership with Avionté, a staffing software technology company offering Applicant Tracking Systems.
 

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Legislative Updates

 
Because the transaction was completed before year end 2011, the State and its business community will experience significant interest savings, FUTA tax credits will be restored, future tax penalties will be avoided and the solvency tax on Michigan employers will be eliminated.
 
 
"...Arizona Revised Statutes § 23-730.01 imposes a Special Assessment (SA) on taxable wages paid in 2011 and 2012. This is necessary to meet federally imposed unemployment trust fund obligations. The Department of Economic Security (DES) Unemployment Insurance (UI) Tax Section is responsible for collecting the SA along with employers’ regular quarterly UI taxes (reported on Line 7, Part C of the Unemployment Tax and Wage Report, form UC-018)..."
 
 
"Like many other states, Wisconsin’s Unemployment Insurance (UI) Reserve Fund had to rely on federal loans to help fund unemployment benefits paid to record numbers of claimants during and following the deep national recession of 2007-09.
 
The federal government began charging states interest on these loans in 2011, and Wisconsin in September 2011 made its first payment, totaling $42.3 million, with funds collected through a special assessment on employers.
 

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