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How an Employer of Record Can Help You Streamline Hiring Processes

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Expanding your workforce beyond geographical boundaries offers a competitive edge, but it also introduces a complex web of legal, tax, and HR compliance challenges. This is where an Employer of Record (EOR) becomes an indispensable partner for businesses aiming to streamline their hiring processes. An EOR enables companies to legally employ staff in new territories without the need to establish a local entity, handling all compliance, payroll, and HR responsibilities. This blog post will explore how leveraging an Employer of Record can simplify the intricacies of hiring and managing a global workforce, allowing businesses to focus on their core operations and growth strategies.

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The Regional Plan Association Says Hudson Tunnel Project Will Generate 95,000 Jobs, and Over $19 Billion In Economic Activity

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the staff of the Ridgewood blog

Jersey City NJ, a new report released today by Regional Plan Association (RPA) finds that the Hudson Tunnel Project (HTP) will generate $19.6 billion in economic activity and create approximately 95,000 jobs during its construction – an increase of 20,000 jobs over previous estimates.

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New Jersey Small-business Hiring Slows to Pre-Pandemic Levels

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the staff of the Ridgewood blog

Ridgewood  NJ, NFIB’s monthly jobs report shows a general slowdown in employment activity for small businesses in March, with a seasonally adjusted net 11% planning to create new jobs in the next three months, down one point from February and the lowest level since May 2020.

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Jobs Report Offers Major Upside Surprise

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the staff of the Ridgewood blog

Ridgewood NJ, on Friday, concerns about a potential bubble on Wall Street seemed to dissipate amid a robust US jobs report, which bolstered investors’ confidence in America’s ongoing economic strength. Despite any lingering concerns about delayed rate cuts, the blowout report overshadowed them. In March, US payrolls surged by 303,000, surpassing all expectations. Additionally, the unemployment rate dipped to 3.8%, wages exhibited solid growth, and workforce participation saw an uptick, reaffirming the resilience of the labor market, which continues to drive the economy forward. As a result, all major groups in the S&P 500 experienced gains.

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New Jersey’s Economic Competitiveness Goes From Bad to Worse

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the staff of the Ridgewood blog

Trenton NJ, a collection of more than 100 business, labor and nonprofit groups have sent a letter to all members the New Jersey Legislature urging them to oppose Gov. Phil Murphy’s proposed $1-billion-plus business tax increase on business in the FY25 State Budget.

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The FED Leaves Rates Unchanged

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the staff of the Ridgewood blog

Washington DC, on Wednesday, the Federal Reserve opted to maintain interest rates at their current levels and kept its projection unchanged, indicating the potential need for three rate cuts in 2024.

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New Jersey Chamber of Commerce Wakes Up , Scolds Trenton Democrats Calling 2.5% CBT “Punitive and Egregious”

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By Scott Goldstein, Communications Manager, N.J. Chamber of Commerce

Trenton NJ, New Jersey Chamber of Commerce President and CEO Tom Bracken, delivering testimony this morning in front of the Assembly Budget Committee, said the proposed $56 billion state budget would inflict damage on New Jersey’s economy and its reputation as an improving destination to run a business. Bracken primarily took aim at what he called a “punitive and egregious” 2.5% Corporation Business Tax hike on the state’s biggest employers.

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‘Do Better for Business’ Video Campaign to Shed Light on New Jersey’s Anti-business Policies

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the staff of the Ridgewood blog

Trenton NJ, with Gov. Phil Murphy and some lawmakers continuing to advance policies that will harm New Jersey businesses of all sizes, NJBIA is launching a Do Better for Business awareness video campaign to hold them accountable and to bring more concise visibility to anti-business policies that require change.

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NEW JERSEY STATE PARKS SEEKING APPLICANTS TO FILL AT LEAST 800 PART-TIME JOBS AHEAD OF PEAK SPRING AND SUMMER SEASONS

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the staff of the Ridgewood blog

Trenton NJ, the New Jersey Department of Environmental Protection has begun accepting applications for more than 800 peak-season part-time jobs throughout state parks, forests and historic sites, Commissioner Shawn M. LaTourette announced .

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The US economy added 353,000 nonfarm jobs in January

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the staff of the Ridgewood blog

In January, the US economy saw the addition of 353,000 nonfarm jobs, surpassing economist predictions of 185,000 jobs and showing an increase from the revised 333,000 jobs reported in December, according to recently released government data. The unemployment rate remained stable at 3.7% for the third consecutive month .

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Survey: 63% of business leaders say return to office has improved productivity

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the staff of the Ridgewood b,log

Ridgewood N J, to understand the impact return to office (RTO) has had on productivity and other factors, ResumeBuilder.com surveyed 833 business leaders.

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5 Ways to Improve Your Banking Resume Most Job Seekers Forget

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If you’re getting into the banking industry, that’s a smart choice. You can usually find work in this niche easily. You can also get many different banking jobs and have advancement opportunities.

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New Jersey Is the State with the 2nd Worst Unemployment Rate Change

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  • the staff of the Ridgewood blog

Trenton NJ, with the U.S. having gained 216,000 jobs in December, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.

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