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Companies worldwide view talent as biggest challenge to future growth

December 16th, 2010

As companies worldwide begin to position themselves for future growth in the face of an uncertain economic recovery, a new Towers Watson survey finds that concerns over their ability to attract and retain key talent, or to plan for an orderly replacement of talent, could thwart those efforts. The survey also found significant gaps in [Read more...]

Anticipating improved business performance, employers hold the line on salary and variable pay increases, AON Hewitt reports

December 15th, 2010

A new survey from Aon Hewitt reveals that compensation budgets are likely to remain intact for 2011. Additionally, few companies anticipate having to take drastic actions such as pay freezes to reduce costs. The survey of more than 500 employers found that three-quarters of companies expect to reach or exceed business performance goals this year, [Read more...]

Florida couple sentenced in forced labor conspiracy to exploit Filipino guest workers

December 15th, 2010

Sophia Manuel and Alfonso Baldonado Jr., owners of Quality Staffing Services Corporation, a labor contracting service, were sentenced for conspiring to hold approximately 39 Filipino nationals in forced service to work in country clubs and hotels in Southeast Florida, the DOJ has announced. Manuel also was sentenced for making false statements on an application she [Read more...]

District court judge rules that individual mandate provision of Affordable Care Act is unconstitutional

December 14th, 2010

A federal district court judge in Virginia ruled that a key part of the Patient Protection and Affordable Care Act (PPACA,) the sweeping health care reform legislation enacted last spring, is unconstitutional ( Virginia v. Sebelius, No 3:10-cv-00188). The ruling by US District Court Judge Henry Hudson, which struck down the Minimum Essential Coverage Provision [Read more...]

Two-in-three employers report a bad hire affected business in last year, while nearly 60 percent have a cost per hire of more than $1,000

December 14th, 2010

As companies prepare their recruitment plans for 2011, avoiding bad hires will be a priority. With unemployment hovering around 9.5 percent, the job market is flooded with qualified candidates. Yet even with all the top talent available, time pressures, strained resources and a lack of insight into target talent have been a challenge to employers [Read more...]