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Report Paid sick-leave ordinance offers Newark businesses 4.2 million in net-benefits

The report, which uses recent data collected by the Institute for Women’s Policy Research, estimates that while the ordinance will cost Newark employers a total of $8.5 million before benefits, projected savings resulting from expectations such as reduced turnover higher productivity would amount to roughly $12.7 million. Further analysis shows that while implementation costs are ...

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Gender-equity notice requirement now on the books

Copies of the notice, which are in both English and Spanish and may be circulated on paper copies, email or exclusive company websites, are being issued and made available by the state Department of Labor and Workforce Development. The law states that companies will have until Feb. 5, or 30 days following the issuance of ...

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NJBIA president ACA confusion, wage hike will make early 2014 tough for employers

A combination of the continued confusion surrounding the Affordable Care Act rollout, a rise in the state’s minimum wage and looming mandatory paid sick-leave legislation could potentially all hit employers at once in the next few months. But as New Jersey Business & Industry Association president Phil Kirschner points out, the traditionally slow business months ...

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STORY OF THE YEAR The Affordable Care Act

One event almost always stands out. This year is no exception. The NJBIZ 2013 Story of the Year has to be the Affordable Care Act. How big is the story? You could say it influenced and impacted every person and every business in the state in 2013. Or you could say this: It’s hard to ...

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Report ACA signups in NJ more than doubled in November

“We are hearing anecdotally from different states that their signups are picking up steam,” said Hector De La Torre, executive director of TCHS. “So you may see a big jump in the December figures for people who want coverage starting Jan. 1.” Depending on their income, individuals and families get federal subsidies to help them ...

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