Michael Page International News Release (03/05/2014)
Michael Page International PLC reported revenue of £1.005 billion for the full year 2013, up 1.6% from £989.9 million in 2012. The company reported an operating profit of £65.7 million last year, up 14.7% from £57.3 million in 2012.
Revenue from the Americas rose 12.1% from £99 million to £111 million, with gross profit tied to the U.S. up 31% to £25.8 million.
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.
PRWeb (03/04/14)
New York City-based Bespoke Search Group will become a division of search firm Windsor Resources, and will focus on talent acquisition for temporary, direct hire, contingency, and retained search in the finance and accounting fields.
Business Insider (03/05/14) Matthew Boesler
Automatic Data Processing’s February National Employment Report estimates that 139,000 American workers were hired for private-sector payrolls in February. Economists had forecast 155,000. Meanwhile, ADP’s estimate of January payroll gains was revised down to 127,000 from 175,000.
Goods-producing employment in February rose by 19,000 jobs, up from a downwardly revised 12,000 in January, and service-providing industries added 120,000 jobs, up from a downwardly revised 116,000.
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Don’t miss the ASAPro webinar “Gain a Competitive Advantage With ASA Certification.” It takes place today from 3 to 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® program.
All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. Register online at americanstaffing.net.
Don’t miss tomorrow’s ASAPro webinar “Legal Implications of Data Security Breaches—What Staffing Firms Should Know,” 3–4 p.m. Eastern time. Find out what your firm should be doing to protect information, comply with the law, and prepare for a suspected or actual security breach in your company.
All 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.
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