7x7SF (05/23/13) David Weir
Peer-to-peer marketplace TaskRabbit has upgraded its operation and now will be competing in the temporary staffing space. The company says its online job-matching process is fast, often filling positions within 10 to 15 minutes. TaskRabbit charges employers a flat 20% fee.
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
Bloomberg Businessweek (05/24/13) Alex Kowalski
Orders for U.S. durable goods rose higher than expected in April, suggesting the manufacturing sector will do well in the second half of the year. Orders for equipment intended to last at least three years rose 3.3% last month following a decline of 5.9% in March, according to the U.S. Department of Commerce. The median forecast from economists surveyed by Bloomberg projected a 1.5% increase. Ongoing improvements in the housing and auto sectors may affect manufacturing, helping to shore up the economy this quarter. That said, government spending cuts, higher consumer taxes, and cooling exports are curbing demand.
“This report is consistent with the economy continuing to recover, but just at a moderate pace,” says Scott Brown, chief economist at Raymond James & Associates Inc. in St. Petersburg, FL. “We’re not getting much demand from the rest of the world, but we are getting growth domestically.”
More than 6,000 individuals have earned credentials from the American Staffing Association to expand their professional expertise and improve their companies’ performance. Discover the benefits of joining them during the ASAPro webinar “Gain a Competitive Advantage With ASA Certification,” Thursday, May 30, 3–4 p.m. Eastern time. Learn about the Certified Staffing Professional® and Technical Services CertifiedSM credentials—and get the details about the new Certified Search Consultant certification program.
ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
Did your firm spearhead a successful communications campaign this past year? Make sure your company gets the recognition it deserves—submit your campaign to the ASA Staffing VOICE Awards, the industry’s leading communications award program, by July 1.
Sponsored by ASA corporate partner CareerBuilder, the Staffing VOICE Awards recognize the vision, originality, innovation, creativity, and effectiveness (VOICE) of communications campaigns created by ASA member firms in 10 categories. Categories range from direct mail pieces to social media campaigns to company websites. Winning entries are showcased at Staffing World® 2013, Oct. 8–10 in Orlando, FL. For more information and to download an entry form, visit americanstaffing.net.
Please join the ASA board of directors and staff in welcoming the following new members, which joined during the week of May 13.
The Empyrean Group
Harmony, PA
First Resource Group of Connecticut
West Hartford, CT
HireQuality Solutions
Johnston, IA
Infinity Consulting Solutions
New York, NY
Integrity Staffing Solutions
Wilmington, DE
Preferred Staffing Solutions
State College, PA
Richmar Associates Inc.
Santa Clara, CA
San Luis Personnel Services Inc.
San Luis Obispo, CA
Schulte Staffing Solutions Inc.
Salem, MA
Select Temporaries Inc. dba Select Staff
Dallas, TX
SimpleHIRE
Destin, FL
TMD Temporaries
Houston, TX
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
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