Major Game Changing New Law Impacting Illinois’ Staffing Industry — Including All Employers That Utilize Temporary Labor – JD Supra

"The impact of this legislation is far reaching: the cost savings to employers using longer term temporary labor will be reduced if the temporary staffing agencies pass on the new required wage rates and benefit costs to their clients. The consequences of non-compliance are serious and can potentially be financially disastrous."
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Fight Harder
2 years ago

Hiring contract employees allows companies to be more flexible and staff up or down quickly to respond to demand. Once again, Illinois is going to make it more expensive for Illinois employers to hire. This law, while it sounds good on paper and in the press, will only hurt Illinois in the long run.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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