News & Updates

Headlines

Law mandates more employee leasing information

SUNCOAST NEWS STAFF REPORT

Published: June 20, 2009

NEW PORT RICHEY – Employee leasing companies this fall will have to give more details in reports to state government officials about nearly 700,000 workers the industry co-employs.

The businesses are required to provide the information under a law that went into effect this month. State Sen. Mike Fasano, R-New Port Richey, sponsored the Senate version of the legislation, the Accurate Employment Statistics Enhancement Act.

Gov. Charlie Crist signed the bill into law June 1, although the new reporting requirements won’t go into effect until Oct. 1.

Employee leasing companies must file reports with the Labor Market Statistics Center of Florida’s Agency for Workforce Innovation, Greg Giordano, Fasano’s chief legislative assistant, explained.

The changes will stipulate more frequent filing of employment data in greater detail from the 127 employee leasing firms in the state, Giordano says.

The Agency for Workforce Innovation needs a more accurate picture of employment data. The agency distributes reports based on the information to businesses, government and the general public.

"In these uncertain economic times it is vitally important that Floridians in general and businesses owners in particular have a good understanding of the state of the labor market," Fasano said in a press release. "This law is a positive step forward in ensuring that everyone has an accurate picture of the status of Florida’s work force."