Monthly Archives: December 2012

New Year’s Resolutions

An optimist stays up until midnight to see the New Year in. A pessimist stays up to make sure the old year leaves. – Bill Vaughn

Whether you choose to see the new year in or the old one out, I hope you enjoy the following statistics about New Year’s Resolutions brought to us by University of Scranton Journal of Clinical Psychology.

Top 10 New Year’s Resolutions for 2012

  1. Lose Weight
  2. Get organized
  3. Spend less, save more
  4. Enjoy life to the fullest
  5. Staying fit and healthy
  6. Learn something exciting
  7. Quit smoking
  8. Help others fulfill their dreams
  9. Fall in love
  10. Spend more time with family.

New Year’s Resolution Statistics

Percent of Americans who usually make New Year’s Resolutions – 45%

Percent of Americans who infrequently make New Year’s Resolutions – 17%

Percent of Americans who absolutely never make New Year’s Resolutions – 38%

Percent of people who are successful in achieving their resolution – 8%

Percent who have infrequent success – 49%

Percent who never succeed and fail on their resolutions each year – 24%

People who explicitly make resolutions are 10 times more likely to attain their goals than people who don’t explicitly make resolutions

 

Age Success Rate

Percent of people in their twenties who achieve their resolution each year – 39%

Percent of people over 50 who achieve their resolution each year – 14%

 

Length of Resolution

Maintained through first week – 75%

Past two weeks – 71%

Past one month – 64%

Past six months – 46%

 

Before you make your own New Year’s resolutions consider the following:

“I do think New Year’s resolutions can’t technically be expected to begin on New Year’s Day, don’t you? Since, because it’s an extension of New Year’s Eve, smokers are already on a smoking roll and cannot be expected to stop abruptly on the stroke of midnight with so much nicotine in the system. Also dieting on New Year’s Day isn’t a good idea as you can’t eat rationally but really need to be free to consume whatever is necessary, moment by moment, in order to ease your hangover. I think it would be much more sensible if resolutions began generally on January the second.”
– Helen Fielding, “Bridget Jones’s Diary”

Here’s to a safe, healthy, prosperous and wonderful New Year my friends. I look forward to seeing you in Las Vegas at The PPAI Expo 2013.

Paul

Act Now To Protect The Role Of Independent Contractors In The Promotional Products Industry

As you know, there is concern in Washington, D.C., that members of Congress may consider new legislative efforts, either during this lame duck session or in the new Congress, that may limit the use of independent contractors in an attempt to reduce the budget deficit or for other reasons. We all recognize the need to get our country’s deficit under control, but we need to let Congress know that this type of effort will not solve our budget woes.

Fortunately, Representative Erik Paulsen, of Minnesota, has introduced a bill that will protect and preserve the role of independent contractors in the promotional products industry. Representative Paulsen’s bill will allow promotional products professionals to continue to run their own businesses without undue or unnecessary interference.

I have already sent a letter to Rep. Paulsen, thanking him for his support. Now I ask you to do three things:

  • Join me in thanking Rep. Paulsen for his support by sending a note of thanks via email.
  • Act now and email your members of Congress, asking them to support H.R. 6653, the “Independent Contractor Tax Fairness and Simplification Act of 2012.”
  • Finally, please complete this five-minute survey regarding your company’s use of independent contractors. This will help us build a stronger case for protecting independent contractors going forward.

For industries in which there is a debate about whether individuals who provide services to a business are employees or independent contractors, the provision in the U.S. Tax Code known as Section 530 provides safe harbors for the use of independent contractors in industries that have traditionally engaged independent contractors, including the promotional products industry. Section 530 also prevents the Internal Revenue Service (IRS) from writing rules on how to classify individuals as independent contractors versus employees.

Without the passage of H.R. 6653, the following may happen:
• Re-classify many independent contractors as employees by the IRS
• End the use of independent contractors in the promotional products industry
• Force some independent contractors to stop running their own small businesses and start working for someone else

As always, thank you for your support and if you have any questions, please just let me know.

Paul Bellantone, CAE
President & CEO