The “Underground Economy” inflicts serious damage to New Jersey’s $20 billion construction industry.
Unscrupulous contractors participate in the Underground Economy by paying off-the-books workers, misclassifying employees as independent contractors and avoiding legitimate taxes and social insurance costs. A Stockton University study estimates these practices cost the industry between $7.3 billion and $16.3 billion annually.
The companies that participate in the underground economy cheat everyone, from legitimate contractors who play by the rules to employees who don’t receive the benefits and protection of state laws.
Join ROI-NJ to hear industry experts reveal how to identify these illegal acts and the steps that everyone can take — from state officials to contractors and workers — to eradicate these unfair practices.
John Ballantyne, Executive Secretary-Treasurer, Northeast Regional Council of Carpenters
Kevin Duncan, Professor of Economics, Colorado State University
John Froonjian, Senior Research Associate, William J. Hughes Center for Public Policy at Stockton University
Darlene Regina, COO, Associated Construction Contractors of New Jersey
Richard Tolson, Director, Bricklayers and Allied Craftworkers Administrative District Council of New Jersey
Danilo Barros, Apprentice Carpenter, Northeast Regional Council of Carpenters
8:00 am Breakfast and Networking
8:30 am Welcome Remarks
8:30 am Discussion/Audience Questions
9:45 am Closing Remarks
Networking. Informing. Engaging.
The ROI-NJ: Thought Leadership Series of morning events takes a deeper look into distinct topics affecting New Jersey business. Pre-event networking is followed by a seated breakfast and peer-to-peer panel discussion featuring an audience Q&A to complete the morning.
If you have questions regarding this event, please contact:
Ali Brush at 973-512-7521 or email@example.com