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	<title>Parallel HR &#187; HIRE Act</title>
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		<title>We Can&#8217;t Believe it&#8217;s August Either: A Final Look Back at July&#8217;s Recruitment News and Gossip</title>
		<link>http://feedproxy.google.com/~r/thehiringsiteposts/~3/W_GQPFsN6WQ/</link>
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		<pubDate>Mon, 02 Aug 2010 19:13:51 +0000</pubDate>
		<dc:creator>Amy Chulik</dc:creator>
				<category><![CDATA[industry news]]></category>
		<category><![CDATA[HIRE Act]]></category>
		<category><![CDATA[mid-year job forecast]]></category>
		<category><![CDATA[Monthly Review]]></category>
		<category><![CDATA[recruitment news]]></category>

		<guid isPermaLink="false">http://thehiringsite.careerbuilder.com/?p=8288</guid>
		<description><![CDATA[While I was you were watching Danielle get her extensions ripped out on Real Housewives of New Jersey, preparing for Shark Week, or wishing you were at the nuptials of Chelsea Clinton, here&#8217;s what was happening in the world of recruitment. The month started off on a cautiously optimistic note, with CareerBuilder&#8217;s Mid-Year Job Forecast [...]]]></description>
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		<title>The HIRE Act &#8212; What Does It Mean for Your Business?</title>
		<link>http://feedproxy.google.com/~r/thehiringsiteposts/~3/F-MjDNnXI4w/</link>
		<comments>http://feedproxy.google.com/~r/thehiringsiteposts/~3/F-MjDNnXI4w/#comments</comments>
		<pubDate>Tue, 27 Jul 2010 20:11:24 +0000</pubDate>
		<dc:creator>Amy Chulik</dc:creator>
				<category><![CDATA[industry news]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Employee Attraction]]></category>
		<category><![CDATA[Employee Retention]]></category>
		<category><![CDATA[Employer Advice]]></category>
		<category><![CDATA[HIRE Act]]></category>
		<category><![CDATA[Hiring Incentives to Restore Employment Act]]></category>
		<category><![CDATA[hiring unemployed workers]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[tax credit for businesses]]></category>
		<category><![CDATA[tax exemptions for employers]]></category>

		<guid isPermaLink="false">http://thehiringsite.careerbuilder.com/?p=8198</guid>
		<description><![CDATA[<a href="http://thehiringsite.careerbuilder.com/wp-content/uploads/HireMe.jpg" onclick="pageTracker._trackPageview('/outgoing/thehiringsite.careerbuilder.com/wp-content/uploads/HireMe.jpg?referer=');"><img class="postimage size-medium wp-image-8252" src="http://thehiringsite.careerbuilder.com/wp-content/uploads/HireMe-300x199.jpg" alt="Woman with &#34;Hire Me&#34; sign" width="216" height="143" /></a>Last week, I talked about the <a title="Former Employees: Should You Rehire Them?" href="http://thehiringsite.careerbuilder.com/2010/07/20/former-employees-should-you-rehire-them/" onclick="pageTracker._trackPageview('/outgoing/thehiringsite.careerbuilder.com/2010/07/20/former-employees-should-you-rehire-them/?referer=');">pros and cons of rehiring former employees</a>, and mentioned that the <strong>Hiring Incentives to Restore Employment (HIRE) Act</strong> is one of the major reasons employers should be looking at hiring unemployed workers (which could include former employees). But let's explore further why the bill is so important -- both for unemployed workers and the employers hiring them. After all, as a CFO, controller, business owner, vice president of human resources, hiring manager, accountant, or anyone else with a stake in your business's bottom line, the HIRE Act could have <strong>a significant impact</strong> on your business.

<strong>What is the HIRE Act</strong>?

The $17.5 billion legislation, signed into law by President Obama on March 18, 2010, gives a potential tax exemption and credit to businesses that hire unemployed workers. Specifically, the HIRE Act grants businesses that hire workers unemployed 60 days or longer an exemption from the 6.2 percent Social Security payroll taxes for each worker for the remainder of 2010. Additionally, if workers are retained for one year, participating businesses  get a tax credit of $1,000.]]></description>
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