NEWARK, N.J.–(BUSINESS WIRE)–As uncertainty rises surrounding the potential impact new health care legislation will have, companies are reprioritizing business objectives to limit their exposure to increasing costs associated with providing health-related benefits. According to Worker Productivity as the Next Frontier in Benefits Cost Management, the second in a series of research briefs stemming from Prudential’s… [Read more]
Work Force & Human Resource News
Do We Know How to Measure ‘Presenteeism’?
Not Yet, Say Experts — And Hold Off on Studies Until Problems Are Addressed November 15, 2010–WorkCompWire –Presenteeism – defined as “reduced productivity at work due to health conditions” – is increasingly recognized as a contributor to health costs for employers. But more work is needed to develop reliable tools to measure presenteeism and its… [Read more]
Returning Veterans Fight New Battle Stateside: Unemployment
Mobile Job Training Program Brings Training and Employment to Those Who Have Served POMPANO BEACH, Fla., Nov. 11, 2010 /PRNewswire/ — As America honors past and present veterans today, the fact remains that we still have a large number of returning service members that will be fighting another battle – unemployment. While the national unemployment… [Read more]
Smart-Tek Solutions, Inc. Reports Revenue Increase 189.7% Over the Prior Year Period
NEWPORT BEACH, Calif., Nov. 12, 2010 /PRNewswire-FirstCall/ — Smart-Tek Automated Services, Inc., (OTC Bulletin Board: STTN) Reports Sales Increase of 189.7%. During the three month period ended September, 2010, Smart-Tek had net revenues of $5.3 million versus $1.8 million the same period prior year. Smart-Tek also reported net income of $613,962 as compared to a… [Read more]
Supplier Collaboration Reduces Total Benefit Costs
BOSTON–(BUSINESS WIRE)–The Integrated Benefits Institute (IBI), the National Business Coalition on Health (NBCH), and Liberty Mutual jointly published a white paper that addresses how human resource professionals can better manage the cost and efficacy of health, disability and absence management programs. The white paper reveals that the key to cutting the cost of the programs… [Read more]
Peer Review Mediation and Arbitration Acquires Key Vista Associates to Launch Medical Staffing Group
DEERFIELD BEACH, Fla.–(BUSINESS WIRE)–Peer Review Mediation and Arbitration, Inc. (PRVW: OTCBB/PK) announced today the acquisition of Key Vista Associates, Inc. of Boca Raton, FL for cash, restricted stock and a note to launch an internal Medical Enterprise Staffing and Professional Employer Organization (POE). Peer Review acquired all of the issued and outstanding common stock… [Read more]
OCI Launches Leave Management Product, LeaveXpert™
Denver, CO., 11/1/2010–WorkCompWire–OCI, a data integration and software services provider, launched its newest product under the OCI FastTrackTM Suite of Services today, LeaveXpert™. OCI’s LeaveXpert™ integrates various types of HR, claims and leave data into a single web-based application to improve legal compliance and yield a high return on investment in your HR department. “Employers… [Read more]
Statement of Secretary of Labor Hilda L. Solis on October employment numbers
WASHINGTON — Secretary of Labor Hilda L. Solis issued the following statement on the October 2010 Employment Situation report released today: “This past October, nonfarm payroll employment increased by 151,000 jobs, with 159,000 jobs added in the private sector. The unemployment rate remained unchanged at 9.6 percent. “One year ago, I reported an unemployment rate… [Read more]
U.S. Employment Report: Employee Confidence Index Edges Up
Worker optimism in future of current employer on the rise despite setback in general economic outlook FORT LAUDERDALE, Fla., Nov. 5, 2010 /PRNewswire/ — The SFN Group Employee Confidence Index increased 1.4 points to 50.1 in October. The index, which measures workers’ confidence in their personal employment situation and optimism in the economic environment, shows… [Read more]
Comment on U.S. Bureau of Labor Statistics Employment Situation Report – Kathy Bostjancic, Director for Macroeconomic Analysis, The Conference Board
Some Good News at Last NEW YORK, Nov. 5, 2010 /PRNewswire/ — The U.S. Bureau of Labor Statistics reported today that the private sector added 159,000 jobs in October and the unemployment rate held steady at 9.6 percent. Today’s gain in private-sector jobs is a welcome surprise, marking three months in a row of more… [Read more]