May 23, 2014

General Employment Enterprises Reports Q2 Earnings

Published May 23, 2014 ■ Headline News

General Employment Form 10-Q (05/20/14)

General Employment Enterprises reported revenues of $9.6 million for the company’s second quarter, ended March 31, down 15.79% from $11.4 million in the second quarter a year ago. The company reported a second-quarter net loss of $727,000 compared with a net loss of $826,000 a year ago.

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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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Aequor Healthcare Services Acquires Royal Care Medical Staffing Inc.

Published May 23, 2014 ■ Headline News

PR Web (05/22/14)

New Jersey-based health care staffing firm Aequor Healthcare Services has acquired Pittsburgh, PA-based Royal Care Medical Staffing Inc. This is Aequor’s fourth acquisition within the past 24 months.

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Annual Summer Campaign to Prevent Heat-Related Illnesses Launched by U.S. Department of Labor

Published May 23, 2014 ■ Headline News

U.S. Department of Labor (05/22/14)

The U.S. Department of Labor’s Occupational Safety and Health Administration has announced the launch of its annual Campaign to Prevent Heat Illness in Outdoor Workers. In preparation for the summer season, OSHA has developed heat illness educational materials in English and Spanish, as well as a curriculum to be used for workplace training, also available in both English and Spanish. Additionally, a web page provides information and resources on heat illness—including how to prevent it and what to do in case of an emergency—for workers and employers.

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ASA Staffing Law Conference Delivers Answers, Spurs ACA Conversations

Published May 23, 2014 ■ ASA for You

This week’s sold-out ASA Staffing Law Conference delivered timely, industry-specific answers on the most pressing legal and legislative issues affecting staffing firms right now. If you missed this year’s conference, you can purchase the recordings package—available only to ASA members. Get the details at americanstaffing.net.

Among the conference highlights, the U.S. Occupational Safety and Health Administration and ASA signed an alliance agreement to help protect the health and safety of temporary workers, and the Affordable Care Act panel discussion, facilitated by ASA senior counsel Ed Lenz, spurred conversations about variable-hour employee classifications and several other ACA compliance issues.

Overall, packed sessions, lively exchanges, and a busy expo hall dominated the ASA Staffing Law Conference scene. See photos from the event, and mark your calendar for the ASA 2015 Staffing Law Conference in metro Washington, DC, April 28–29.

Register for Staffing World® 2014 and Save

Published May 23, 2014 ■ ASA for You

Staffing World 2014, the largest, most comprehensive convention and expo in the staffing, recruiting, and workforce solutions industry, takes 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.