NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The U.S. Department of Labor today issued an Information Letter under the Employee Retirement Income Security Act (ERISA) concerning private equity investments as a component of a professionally managed asset allocation fund offered as an investment option for participants in defined contribution plans. On May 19, 2020, President Trump issued Regulatory Relief to Support Economic […]
How do you maintain job productivity in the work-from-home world of COVID-19 where your children are also competing for your time and attention because their day cares and schools are also closed? That was the question members of NJBIA’s Women Business Leaders Council explored during their virtual meeting Tuesday in a discussion about strategies for […]
Economic activity in the manufacturing sector contracted in May, and the overall economy returned to expansion after one month of contraction, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued June 1 by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The May PMI® registered […]
The impact of the coronavirus pandemic and government’s response to it will drop the nation’s real gross domestic product (GDP) by $15.7 trillion by 2030, according to the latest projections from the Congressional Budget Office (CBO). The new projection is 5.3% lower than its pre-coronavirus analysis released in January. CBO is also predicting that the […]
As the state moves into Phase 2 of reopening, businesses need to have policies and procedures in place to protect themselves from liability. NJBIA’s Legal Resources provider Connell Foley is making available The Re-Opening Handbook: A Guide to COVID-19 Workplace Policies and Procedures to help guide member companies on the best way to reopen. “Connell Foley’s Labor […]
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