Elwood Staffing Acquires SOS Employment Group
Elwood Staffing News Release
Elwood Staffing, headquartered in Columbus, IN, today announced that it has purchased SOS Employment Group, headquartered in Salt Lake City. SOS will be a wholly owned subsidiary of Elwood Staffing that will operate like a sister company. Mark Elwood, chief executive officer of Elwood Staffing, will lead the combined entity, which will have annual revenue of more than $750 million.
“This transaction combines the service capabilities, technologies, geographic reach, and best practices of two successful companies,” Elwood says. With virtually no geographic overlap, the firms together will operate more than 170 offices and more than 50 on-site client locations in 33 states and in Canada. Financial details of the transaction were not announced.
Medical Solutions Acquires OA Nurse Travel From On Assignment
Medical Solutions News Release
Medical Solutions has acquired OA Nurse Travel from On Assignment Inc. With the finalization of this deal, the company will employ more than 1,000 traveling nurses and become the third-largest travel nurse staffing company. Medical Solutions will maintain its corporate headquarters in Omaha, NE, and add offices located in Cincinnati; San Diego; and Tupelo, MS. Financial terms of the deal were not announced.
CTG Reports Fourth Quarter Earnings
CTG News Release
CTG reported revenue of $107.9 million for the fourth quarter of 2012, up 7% from $100.9 million during the same period in 2011. The information technology solutions and services company also reported net income of $4.9 million for the fourth quarter, up 48% from $3.3 million the prior year. Over the same period, its staffing revenue totaled $62.6 million, up 3.4% and accounting for 58% of total revenue. Revenue was up 7% to $424.4 million for all of 2012, and net income climbed 35% to $16.2 million for the full year.
North Carolina Enacts Law Slashing Jobless Benefits
North Carolina Gov. Pat McCrory on Feb. 19 signed into law a bill that will cut benefits for jobless workers by about one-third and reduce how long they can collect any aid. The Republican governor says the measure marks an important step toward fixing the state’s unemployment insurance system. The law, which takes effect on July 1, cuts maximum weekly benefits to $350 from $535 and caps benefits at 12 to 20 weeks, depending on the unemployment rate, instead of the current 26 weeks.
McCrory says the measure “will protect our small businesses from continued over-taxation, ensure our citizens’ unemployment safety net is secure and financially sound for future generations, and help provide an economic climate that allows job creators to start hiring again.” North Carolina has more than 400,000 jobless workers, making its 9.2% unemployment rate, the fifth-highest in the country.
Survey Deadline Extended—Participate by Friday
ASA has extended the deadline for the association’s quarterly Staffing Employment and Sales Survey to this Friday, Feb. 22
. Staffing firms that complete the survey receive an exclusive report on the results, which includes data available nowhere else—such as temporary and contract staffing sales and gross margin data by sector.
The information collected by this survey provides data essential to the association’s legal and legislative advocacy efforts on behalf of the staffing industry. Register to take the survey or view a PDF version of the questionnaire at americanstaffing.net
. This survey is conducted by ASA research partner Inavero, and there are no fees to participate.
ASA Certification Exams Updated for 2013
Are you currently studying for the Certified Staffing Professional®
or Technical Services Certified℠ exam? Did you recently pass the exam? Or are you just starting your research on the credentials that ASA offers?
ASA strives to bring you the most current information regarding state and federal labor and employment laws. Each year, the ASA certification team works closely with the law firm Seyfarth Shaw LLP to review which state laws have changed within the past year and update ASA certification online exams and study materials.
See if the laws in your state have changed
when you’re studying for the CSP®
or TSC℠ exam. If you have already passed the exam, refer to americanstaffing.net
to stay up-to-date on your state’s laws.
More than 6,000 staffing professionals across the U.S. have earned the CSP or TSC credential—if you are not ASA certified, now is the perfect time to join them by earning an ASA designation—the only staffing industry certification based on current state and federal employment.
And this May, ASA will introduce its newest professional certification program for search and placement professionals. It will help search consultants enhance their knowledge of labor and employment law as it relates to the recruitment and placement of employees at all levels.
If you have questions regarding ASA certification, email firstname.lastname@example.org
or call 703-253-2020.
Free ASAPro Webinar Tomorrow—Would Your Firm Recover From a Disaster?
Recent catastrophes, such as Hurricane Sandy, provide ample proof that staffing firms must have disaster recovery plans in place. Tomorrow, find out how to build a successful disaster recovery plan during the ASAPro
webinar “How to Design and Implement a Successful Disaster Recovery Plan
.” It takes place Feb. 21, 3–4 p.m. Eastern time. Get a disaster recovery plan template you can use to develop a plan tailored to your firm’s needs.
This webinar is free
for ASA members and qualifies for continuing education hours toward ASA certification renewal. Register online at americanstaffing.net