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News Releases -
Business & Economy
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Written by Andrew Mason
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Monday, 02 August 2010 12:36 |
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New Law Strengthens Penalties for Unpaid Wages; Helps Workers to Recover Wages More Quickly
CHICAGO – July 30, 2010. Governor Pat Quinn today signed a bill into law to increase protections for Illinois workers who are not paid the wages they have earned. The new law amends existing state law to help thousands of Illinois workers recover unpaid wages more quickly.
“Illinois workers deserve every penny they have earned, on-time and in-full,” said Governor Quinn. “This important legislation will help Illinois workers recover unpaid wages faster and will further crack down on wage theft throughout our state.”
Senate Bill 3568 strengthens the rights of Illinois workers who have been victims of wage theft. The bill makes both first and repeat wage theft violations more serious crimes. Civil and criminal penalties for wage theft will increase under the new law, and repeat offenders can face up to three years in prison.
Workers will now be able to take alleged violations directly to the state circuit court and collect all costs and reasonable attorney’s fees. The Illinois Department of Labor (IDOL) will also establish a streamlined process to resolve small claims. For the first time ever, employees will be expressly allowed to file class action lawsuits against employers. Additionally, workers will be protected from retaliation for reporting alleged violations in public forums.
A recent study by the University of Illinois at Chicago’s Center for Urban Economic Development underscored the negative impact of wage theft on more than 300,000 workers in Chicago and suburban Cook County, as well as the economy overall. The study found that nearly half of the approximately 1,100 low-wage workers surveyed experienced at least one pay-related violation. The study estimates that full‐time, year-round workers participating in the survey annually lost an average of $2,595 out of total earnings of $16,753, due to workplace violations.
In 2009, the IDOL recovered $3.1 million in unpaid and underpaid wages and continues to provide assistance to workers for the collection of wages and final compensation that include unused vacation pay, commissions, bonuses or other fringe benefits. Under Illinois law employees must receive their final wages, vacation pay, commissions and bonuses on their next regularly scheduled pay day. Further information on the law’s requirements and penalties are available at www.state.il.us/agency/idol.
Senate Bill 3568 was sponsored by Sen. William Delgado (D-Chicago) and Rep. Elizabeth Hernandez (D-Cicero) and will take effect on Jan. 1, 2011.
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News Releases -
Business & Economy
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Written by Kristin Kunert
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Thursday, 29 July 2010 13:50 |
Healthcare Tax Credit a Big Question Mark for Small Business; the Iowa numbers that supporters toss out just don’t add up DES MOINES, Iowa, July 28, 2010 – “We’re from Washington and we’re here to help” never had a more hollow ring or was more factually baseless than in the claims made by some health reform supporters in the number of small businesses that would qualify for the new health insurance tax credit passed under the Patient Protection and Affordable Care Act. “Supporters claim 4 million small businesses are eligible for the temporary credit, but the fact is less than 2 million small businesses will receive it,” said NFIB tax counsel Bill Rys. “This recently-released research shows how many small businesses will be eligible, but it doesn’t take into account whether the firms even offer health insurance.” The research referred to by Rys was put out by Families USA and the Small Business Majority. But the small business authority, NFIB, paints an entirely different picture. In Iowa, the Small Business Majority/Families USA data claim 51,100 small businesses would benefit from the new tax credit. The NFIB Research Foundation, however, pegs the real number at 17,651, using data from the U.S. Dept. of Health and Human Services, the U.S. Small Business Administration, and the Kaiser Foundation. “Will a temporary credit help some of the smallest, lowest wage businesses? Sure,” said Rys. “Is it the ‘saving grace’ it’s being made out to be? Probably not. The minimal benefits of this tax credit are easily outweighed by the new and expensive burdens of this law.” “Of the four required criteria to receive a credit, they [SBM/Families] only looked at two pieces (firm size, average wage). They leave out whether the business offers insurance and pays for half (both are required to receive a credit),” Rys continued. “The truth is about one-third of firms under 25 employees offer insurance. And, the lower the average wage of a firm, the less likely it is to offer insurance.” None of the talk over the putative benefits and very real drawbacks of the national legislation even takes into account what states have been doing to ensure small businesses can’t insure, reminded NFIB/Iowa State Director Kristin Kunert. “States, and Iowa is no exception, continually add more and more requirements onto the basic plans businesses can buy, and each one raises the cost of premiums and pushes affordability further and further out of the reach of small business owners. Having the option of low-cost plans tailored to the needs of each, individual business would do more to bring the uninsured into coverage than some elusive tax credit out of Washington, D.C.” [Business owners can see if their enterprises qualify for the healthcare law's new small business tax credit on health insurance, and if they do, how much it is, by going to www.nfib.com/creditcalculator]
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News Releases -
Business & Economy
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Written by Andrew Mason
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Tuesday, 20 July 2010 11:12 |
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CHICAGO – July 20, 2010. Governor Pat Quinn today issued the following statement on the settlement of the International Union of Operating Engineers, Local 150 and The Laborers District Council of Chicago & Vicinity strike:
“I want to salute the Operating Engineers and Laborers’ for coming to an agreement that will allow Illinois’ workers to return to their jobs and get important infrastructure projects back on track. We must continue to work together to keep these projects moving for Illinois residents and for the future of our state’s economy. The Illinois Department of Transportation continues to announce new projects that are part of the largest construction season in the history of Illinois. I want to again commend both parties – the unions and contractors – for the agreement reached last night that will help keep this construction season moving in the right direction.”
The agreement was reached with the Mid-America Regional Bargaining Association (MARBA).
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News Releases -
Business & Economy
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Written by Heather Tarczan
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Monday, 19 July 2010 08:17 |
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Grocer to dare shoppers to compare savings, average family to save nearly $2,000 annually
Batavia, Ill. (July 15, 2010) – Starting Monday, select assortment discount grocer, ALDI, will boldly launch a “one week challenge,” daring consumers to shop ALDI for one week and compare the cart-to-cart savings to their typical weekly shopping bill. The new campaign comes with its own reward for shoppers: a family of four can save approximately $1,996.80 per year – each year – compared to traditional supermarkets’ store brands, or $998.40 compared to big box store brands.
“Everything we do is designed with one goal in mind – to help our customers stretch their grocery dollars,” said Joan Kavanaugh, ALDI vice president of corporate purchasing. “Competitors may offer specials or sales on an item here or there, but cart-to-cart, no one matches the quality and value ALDI offers everyday.”
Known for offering high quality grocery items, fresh meats and produce at up to 50 percent less than the competition, customers can expect to find more than 1,400 of the most frequently purchased items sold under its exclusive select brands.
The grocer’s streamlined, efficient approach eliminates hidden costs (such as in-store banking, pharmacies, bagging clerks, check cashing, photo processing or other non-essential grocery store services), and passes on the savings to customers in the form of lower prices.
ALDI stores’ efficient layout makes it easy for shoppers to get in, get out and get on with their day, and the smaller store footprint uses less land and utilities, all helping keep prices low on the high quality items offered every day.
“We know that anyone who shops ALDI will save money, but there’s nothing like seeing those receipts for yourself and feeling the satisfaction of having more money left in your pocket,” said Kavanaugh.
Quality, taste and satisfaction are always double guaranteed at ALDI. If for any reason a shopper is not 100% satisfied with any product, ALDI will replace the product and refund the money.
[Note: Estimated savings based on the average $416 monthly grocery shopping bill for a family of four, according to Consumer Reports, 2009. ALDI prices are typically 30 to 40 percent less than store brands at traditional supermarkets and 15 to 20 percent less than big box store brands.]
About ALDI Inc.
A leader in the grocery retailing industry since 1976, ALDI has more than 1,100 U.S. stores located in 31 states primarily from Kansas to the East Coast. In the spring of 2010, ALDI opened a new division in the Dallas/Ft. Worth area. A select assortment discount grocer featuring its own ALDI select brands, ALDI applies smart and efficient operational and business practices to save more than 20 million monthly customers up to 50 percent on their grocery bill. ALDI, named 2009 Retailer of the Year by PL Buyer, sells more than 1,400 of the most frequently purchased grocery and household items in manageable, non-bulk packaging. For more information about ALDI, go to www.aldi.us.
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News Releases -
Business & Economy
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Written by MacKenzie Griffin
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Thursday, 15 July 2010 10:24 |
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John Taylor Salon and Day Spa will be celebrating their 10th Anniversary by putting on a Fashion Show. Miss Iowa Contestants, including Miss Iowa, will be modeling the latest trends in Hair, Make-up, Nails and Fashion on the runway. This event will be judged by a panel of fashion experts and one former runway model.
Event begins at 5:30 on Thursday, July 15th at John Taylor Salon and Day Spa, 4102 Black Hawk Road.
1,2, FREE!!!! Now through July 31st, buy 2 Pureology, Redken, Bioelements or Identity Cosmetics and Receive the 3rd for FREE (must be of equal or lesser value). Come in today and save. You Deserve it!!! |
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