The state has re-calculated unemployment insurance (UI) taxes for 2021 to reflect a law passed in May to moderate staggering COVID-related increases to the UI solvency fund. The Massachusetts Department of Unemployment Assistance notified employers Thursday that it has removed COVID-19 related charges from the solvency fund and charged them to a newly created COVID-19 […]
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On a day when Massachusetts Governor Charlie Baker outlined a new economic world of job transitions and hybrid work, Facebook reminded everyone that the commonwealth remains uniquely positioned to thrive in the new world. The Boston Globe reported this morning that Facebook plans to triple the size of its offices at Kendall Square in Cambridge by […]
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Both branches of the Massachusetts Legislature on Friday adopted a $48.1 billion budget proposal for the Fiscal Year 2022. Approval of the blueprint came a day after a conference committee resolved the differences between each chamber’s version of the budget. The budget achieved a critical AIM priority by funding essential services without increasing broad-based taxes. AIM was able to […]
Read MoreEditor’s note – The Massachusetts Executive Office of Administration and Finance issued the following statement today: Massachusetts is now accepting applications from employers for reimbursement of their costs in granting Massachusetts emergency paid sick leave. To recap, from Friday, May 28, 2021, until September 30, 2021 or the exhaustion of $75 million in program funds […]
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Confidence among Massachusetts employers rose for the fifth time in six months during June amid signs that the recovery of the labor market is gaining momentum. The Associated Industries of Massachusetts Business Confidence Index (BCI) rose 1.5 points to 63.4 last month, leaving it 14.4 points higher than a year ago. The increase was driven […]
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As the final phase of the Massachusetts Paid Family and Medical Leave (PFML) law takes effect today, Associated Industries of Massachusetts (AIM) is calling on lawmakers to make improvements to the program. Employees throughout the commonwealth may use their PFML benefits as of today to care for a family member with a serious health condition. […]
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Non-profit organizations and other entities that self-insure their unemployment insurance (UI) now have two extra months to pay their pay their UI bills for the period August 2020 through March 2021. The Department of Unemployment Assistance (DUA) issued notices to reimbursable or self-insured employers on June 29 confirming their UI bills for the August-March period […]
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Associated Industries of Massachusetts and the commonwealth’s business community join with our fellow citizens in celebrating the first official state observance of Juneteenth, which commemorates the day in 1865 that the last enslaved people held in Galveston, Texas learned of their freedom, two years after President Abraham Lincoln issued the Emancipation Proclamation. The day is […]
Read MoreGovernor Charlie Baker signed a bill this morning that extends several policy provisions adopted during the COVID-19 public health State of Emergency. The measure addresses provisions that expired at the end of the official State of Emergency order yesterday. Visit the AIM Web Site The legislation will allow publicly traded companies in Massachusetts to continue […]
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An emerging economic recovery and good news about COVID-19 pushed business confidence slightly higher in Massachusetts during May. The Associated Industries of Massachusetts Business Confidence Index (BCI) rose 1.2 points to 61.9 last month leaving it almost 20 points higher than a year ago. Confidence levels remain comfortably in optimistic territory. The increase was the […]
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