PRWeb (05/19/15)
InterRel Consulting has acquired Niche Technologists Inc., a staffing services provider. Niche Technologists specializes in placing professionals with business intelligence and enterprise performance management expertise.
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.
Cash Crunch, for Many, Is a Monthly Woe
Wall Street Journal (05/20/15) Nick Timiraos
A JPMorgan Chase study of 100,000 of its customers reveals that the bottom 80% of customers by income do not have enough savings to cover income and spending volatility, and experts say the study emphasizes that insecurity is not driven solely by job loss and other unexpected events. New York University economist Jonathan Morduch notes that volatility has become “a normal part of a lot of folks’ lives given the way we’re earning today.”
Income insecurity has been exacerbated by the recession and stagnant wages, according to experts. A report by the Pew Charitable Trusts shows that the average household saw incomes rise 22% between 1979 and 1999 but only 2% between 1999 and 2009, flattening for most workers since then. Data reveals that almost 5% of the workforce, or 7.1 million Americans, held multiple jobs last month, and 6.6 million workers held part-time jobs despite wanting full-time positions.
ASA Webinar Tomorrow—Market Your Firm Effectively
Don’t miss tomorrow’s ASA webinar “Power Marketing for Staffing Firms,” 3–4 p.m. Eastern time. Learn how a well thought-out marketing strategy can give your staffing firm a competitive edge.
And after the webinar, join presenter David Searns for an ASA Central live discussion at asacentral.americanstaffing.net/discusslive. You can ask any additional questions and gain further insight and marketing tips.
ASA webinars are $295 for nonmembers and qualify for continuing education hours toward ASA certification renewal. Join ASA and enjoy ASA webinars for FREE.
Quarterly ASA Staffing Employment and Sales Survey Closes in One Week
The association’s quarterly Staffing Employment and Sales Survey for the first quarter of 2015 will be open for just a few more days. Staffing firms that complete the brief survey will receive an exclusive report on the results—now enhanced with graphs and an executive summary. The report also includes representations of sector-level data.
The data collected by this survey enable ASA to track staffing sales and gross margin trends. Participate in the Staffing Employment and Sales Survey by May 27 to get the staffing industry information you’re looking for.
Register to take the survey, or view the questionnaire, at americanstaffing.net. The survey is sponsored by ASA research partner CareerBuilder, and there are no fees to participate.
Stand Out and Get Ahead—Earn Your Credential From ASA
Make this the year you stand out professionally by earning the Certified Staffing Professional®, Technical Services CertifiedSM, or Certified Search Consultant® credential from the American Staffing Association.
For a small initial investment in your future—and in the future success of your company—you can earn one or all designations and be recognized as a committed and knowledgeable staffing industry professional. Get the details at americanstaffing.net.
Massachusetts Attorney General Announces Six-Month Safe Harbor for Employers With Qualifying Paid Time Off Policies in Place
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Los Angeles Gives Preliminary Approval to $15 Minimum Wage
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More Americans Feel Comfortable Quitting Their Jobs, Survey Finds
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A Lack of Veteran Recruiting and Onboarding Programs
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Trucking Comes Up Short in Search for Young Drivers
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Despite Low Inflation, Employers Should Expect Health Care Premiums to Surge Into 2016
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