Join ASA in celebrating the first birthday of its dynamic members-only online community. Because of members like you, ASA Central has been a huge success. There are more than 20,000 industry professionals on ASA Central, who have posted more than 1,500 discussion topics and more than 150 blogs in the first year. Visit ASA Central—and tell ASA what you think about the community’s first year.
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.
AccessPoint HR and Advance Employment Are Joining Forces
PR Newswire (05/09/14)
AccessPoint and Advance Employment, both based in Michigan, have announced the merger of their companies to form a unified human resources outsourcing, recruiting, and staffing firm. The new, combined venture will provide clients with workforce management solutions covering the complete employment life cycle, from initial job posting through retirement. The corporate name of the new entity will be AccessPoint, which will have multiple dedicated business units. The Advance Employment division will deliver recruiting, temporary, and direct hire staffing solutions for employers in a broad range of job classifications.
Job Openings and Labor Turnover Little Changed in March 2014
U.S. Bureau of Labor Statistics (05/09/14)
The U.S. Bureau of Labor Statistics reported 4.0 million job openings at the end of March, along with a 3.4% hires rate and a 3.2% separations rate, all little changed from February. There were 4.6 million hires in March, compared with 4.7 million in February, and 4.4 million separations, essentially unchanged from the prior month.
The quits rate was unchanged in March at 1.8% for total nonfarm, 2.0% for total private, and 0.6% for government, as was the layoffs and discharges rate at 1.1% for total nonfarm, 1.3% for total private, and 0.4% for government. There were 54.7 million hires and 52.5 million separations in the 12 months ending in March, with a net employment gain of 2.2 million.
Registration Open for Staffing World® 2014—Register Today and Save
If you’re already a member, please sign in to read more.
Registration Open for Staffing World® 2014—Register in the Next Month to Save
Staffing World 2014, the largest, most comprehensive convention and expo in the staffing, recruiting, and workforce solutions industry, will take place Oct. 13–15 at the Gaylord National Resort and Convention Center in metro Washington, DC. Registration is now open—and you can save up to $300 per person when you register by June 13.
Get more information and register online at staffingworld.net. ASA members save even more, so join today.
ASA: Temporary Workers in Construction Need Separate OSHA Guidance
If you’re already a member, please sign in to read more.
Should Companies Monitor Their Employees’ Social Media?
If you’re already a member, please sign in to read more.
Old, Fired at IBM: Trendsetter Offers Workers Arbitration
If you’re already a member, please sign in to read more.
How to Update Your Separation Agreements in Light of Recent EEOC Challenges
If you’re already a member, please sign in to read more.
Assault and Battery: An Emerging Trend in Employer and Employee Litigation
If you’re already a member, please sign in to read more.
The Top Cities for Finding Employment Right Now
If you’re already a member, please sign in to read more.
U.S. Small-Business Owners View Current Business Conditions as Best in at Least Four Years
If you’re already a member, please sign in to read more.