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Non-hospital plans won’t forestall possible ACA penalties — but relief offered for 2015

November 5, 2014

Federal agencies rejected a health plan setup that allowed employers to avoid ACA penalties while offering coverage to workers that, while affordable, did not cover in-patient hospitalization.The U.S. Department of Health and Human Services and the Department of the Treasury released a notice Tue...


US private-sector jobs post second-largest gain of year, ADP reports

November 5, 2014

US private sector employment rose by 230,000 jobs in October, according to the ADP national employment report produced by Automatic Data Processing Inc. (NASD: ADP) in collaboration with Moody’s Analytics. October’s increase is the highest since June and the second-highest gain of 2014.“Employmen...


Non-manufacturing activity decelerates in October but employment up

November 5, 2014

Economic activity in the US non-manufacturing sector grew in October but at a slower rate than September, according to the Institute for Supply Management’s non-manufacturing index released today.ISM’s non-manufacturing index fell in October to a reading of 57.1 from September’s reading of 58.6....


Allen Austin acquires design/build search firm

November 5, 2014

Allen Austin, a Houston-based executive search firm, acquired Chicago-based Gaines International, a retained executive search firm targeting the architectural design, real estate, construction and engineering sectors. The acquisition includes offices in Chicago, Detroit, New York and London.The t...


Kelly Services revenue rises 4%

November 5, 2014

Kelly Services Inc. (NASD: KELYA), the fifth-largest US staffing firm and seventh-largest global staffing firm, reported revenue rose 3.8 percent in the third quarter to almost $1.40 billion.Revenue in Kelly’s Outsourcing and Consulting Group rose 10.7 percent, or 10.9 percent in constant currenc...


CTPartners lists in-demand executive jobs for 2015

November 5, 2014

Big data analytics, technology advances in security and risk, and increased rigor demanded for corporate governance are top factors influencing the 20th annual Hot Jobs list of executive jobs expected to be in demand in 2015, released by retained executive search firm CTPartners (NYSE: CTP).“We a...


US online job ads return to growth in October

November 5, 2014

US online job ads rose by 11,700 in October to a total of almost 5.1 million, according to The Conference Board’s report on online jobs ads released today. The increase follows a loss of 137,200 job ads in September.“U.S. labor demand continues on a steady, slow growth trend, maintaining historic...


IRS shuts door on ‘minimum value’ health plans without hospitalization

November 4, 2014

“Minimum value” health insurance plans that don’t cover hospitalization won’t pass muster, the IRS announced today, reported Staffing Industry Analysts’ sister publication Business Insurance.The IRS will propose regulations to this affect shortly, Business Insurance reported.In the staffing indus...


Monster CEO steps down

November 4, 2014

Monster Worldwide Inc. (NYSE: MWW) announced today Salvatore Iannuzzi has resigned as president and CEO, effective immediately. Iannuzzi stepped down for personal reasons, according to the company. He will continue to serve as a director and non-executive chairman of the board.Timothy Yates, a di...


Randstad fund invests in online recruitment marketing firm

November 4, 2014

Randstad Holding nv invested in VONQ and Qandidate.com through its Randstad Innovation Fund; Dutch investment company Qmulus is a co-investor. This is the fourth investment for the fund, which Randstad launched in March. Its other investments include Gigwalk, twago and RolePoint.“With this invest...