February 12, 2013

EEOC Commissioner Lipnic to Speak at ASA Staffing Law Conference—Register Now

Published February 12, 2013 ■ Announcement

Hear what Victoria Lipnic, commissioner of the U.S. Equal Employment Opportunity Commission—as well as representatives from other federal agencies—has to say about the staffing industry, their agencies’ enforcement agendas, and hot topics that staffing firms should know about at the 2013 ASA Staffing Law Conference, May 7–8, in Washington, DC.

Visit americanstaffing.net/lawconference for session descriptions, travel and hotel details, and more. Don’t miss the only program dedicated to the legal and regulatory issues facing staffing firms.

Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?

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.

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Express Employment Professionals Surpasses $2.3 Billion in 2012

Published February 12, 2013 ■ Headline News

Fort Mill Times (02/11/13)

Express Employment Professionals has announced that temporary staffing sales by franchisees totaled more than $2.3 billion in 2012, up 10% from a record $2.1 billion in 2011. Since 2009, Express franchisees’ temporary staffing sales have increased 101% as staffing companies have become a significant driver of the nation’s job growth. Express anticipates growth of 10% in 2013 based on continued strong demand for temporary workers, a view supported by industry experts.

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Fed’s Yellen Supports Stimulus to Spur Jobs

Published February 12, 2013 ■ Headline News

Wall Street Journal (02/12/13) Victoria McGrane

Janet Yellen, vice chairwoman of the U.S. Federal Reserve’s board of governors, said in a speech Monday that the large gap between the difficult conditions faced by workers and the maximum level of employment possible is a key factor pushing the Fed’s moves to increase economic growth. Although down from the 10% unemployment rate seen during the recession, the current unemployment rate is higher than at any point in more than two decades before the recent recession, Yellen said.

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Participate in the ASA Staffing Employment and Sales Survey

Published February 12, 2013 ■ ASA for You

Interested in tracking sales growth by company size? Help ASA get the data you want—participate in the quarterly ASA Staffing Employment and Sales Survey by Feb. 19 and receive an exclusive report on the results. There are no fees to participate in the survey, which is conducted by ASA research partner Inavero.

Staffing firms that complete the survey receive an exclusive report on the results, which includes data available nowhere else. For more information and to register, visit americanstaffing.net.