Electronic
Recruiting
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The interbiznet Bugler
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interbiznet presents The Bugler
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October 31, 2007
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John Sumser
Thanks for all of the wonderful correspondence and warm wishes in response to the article yesterday.
John's article announced that I, Colleen Gildea, will be taking the helm at interbiznet while he spans the country growing his new baby, the Recruiting Road Show.
John is amazing.
(Read more.)
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HAPPY HALLOWEEN
Reveille and Hyperbole:
Impact Achievement Group, Inc. announced the availability of "Managing Workplace Discussions™," the latest installment in its Performance Advantage SimSeries™. The SimSeries is a comprehensive set of eLearning courses teaching managers the leadership skills to effectively manage employee performance.
iCIMS, a leading Software-as-a-Service (SaaS) provider, announced an expansion of its partnership with Lulu Enterprises. An existing user of iCIMS' pre-hire software tools, Lulu enhanced its use of the iRecruiter™ Talent Platform to now include performance management capabilities as well.
CPX Interactive, a progressive online ad network, has announced that it has joined DoubleClick Advertising Exchange, a dynamic online marketplace that - upon completion of beta testing- will connect buyers and sellers of online display advertising for maximum return and efficiency. Among the largest of ad networks, CPX will bring a stable of both direct and brand advertisers into the Exchange and will expand DoubleClick Advertising Exchange's global footprint.
Monster(R) and Consorte Media announced an alliance to connect Monster's customers with a greater share of the online Hispanic market. Monster is the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), and Consorte is the first company to develop a platform for reaching the more than 20 million online Hispanics in the U.S.
Comings and Goings:
Colleen Gildea takes the helm at interbiznet ...
John Sumser makes great strides with his latest endeavour, The Recruiting Roadshow ...
You Should Know:
USA:
Intermarkets Makes Donation to Benefit Victims in Southern California
Intermarkets, Inc. (www.intermarkets.net) announced that it has made a significant contribution to the Next of Kin Registry (NOKR; www.nokr.org) to assist in the acquisition of computer equipment to help expedite the registration of evacuees in Southern California. The Next of Kin Registry is working with the American Red Cross to aid the hundreds of thousands of displaced residents in California.
Additionally, Intermarkets is urging all of the publishers in its portfolio of sites to provide links to the NOKR and the American Red Cross so that aid may be quickly passed along to those in need.
"The Next of Kin Registry provides a crucial service to victims and their families in the midst of a crisis," explained Kevin Lucido, president of Intermarkets. "Intermarkets and its staff wanted to take swift action to address the most urgent needs of our fellow citizens," he added.
"We wanted to meet the specific, urgent needs at this crucial time in the disaster, and to draw attention to organizations helping victims," said William Trommelen, chief operating officer of Intermarkets.
About the Next of Kin Registry
The Next Of Kin Registry was established as a free tool for daily emergencies and national disasters. NOKR is an emergency contact system to help if people and their family members are missing, injured or deceased. NOKR provides the public a free proactive service to store emergency contacts, next of kin and vital medical information that would be critical to emergency response agencies. The information is stored in a secure area and that is only accessible by emergency public trust agencies that have registered with NOKR. NOKR's system has been used in times of disaster across the US and around the world. NOKR was established in January 2004, for daily emergency situations. NOKR is a non-partisan, non-profit 501(c)(3) dedicated to bridging rapid emergency contact information.
About Intermarkets, Inc.
Intermarkets, Inc. is the nation's leading independent advertising sales management firm for Web site publishers. Serving more than 3 billion ads every month and reaching more than 2.5 million people everyday, Intermarkets provides publishers and advertisers with a wide range of services, including advertising sales, media buying, custom content, software, ad serving and more. The privately held company is based in Vienna, Virginia.
Survey Says:
42.8% of Corporations Offer Some Type of Consumer-Driven Health Care Option
New survey looks at employee benefits offered in several employment sectors.
A new survey by the International Foundation of Employee Benefit Plans, Employee Benefits Survey: U.S. and Canada 2007, looks at the prevalence of employee benefits offered in the United States and Canada.
The survey found that 42.8% of corporations offer some type of consumer-driven health care option, the most common of which is a high-deductible plan with a health savings account (HSA), offered by 22.7%. Other common offerings include a high-deductible plan with a health reimbursement arrangement (HRA), offered by 11.5%, followed by a high-deductible plan without an account, offered by 8.6%.
As expected, corporations are more likely to offer a consumer-driven health care option than other employment sectors. When looking at all U.S. employers, including public employers and multi-employer plans, 35.7% offer some type of consumer-driven health plan.
"Organizations in all employment sectors are searching for effective ways to contain health care and prescription drug costs," said Julie Stich, Senior Information/Research Specialist at the International Foundation. "We found that, across the board, organizations are using cost-sharing provisions, case and disease management, and mail-order drug service. Some employers are also using less traditional methods like on-site clinics, health quality initiatives, spousal surcharges and carve-outs, and opt-out incentives."
The survey found that mail-order drug programs are the most common prescription drug cost-management technique, with 86.1% of U.S. organizations choosing to offer mail-order service. Other popular options include drug formularies, three or more cost-sharing tiers, pharmacy benefit managers, and mandating or promoting generic drug use.
In addition to health care benefits, the survey also looked at pension and retirement benefits, along with numerous other benefits.
Other key findings from corporate respondents include:
•27.9% of corporations have a cash balance pension plan compared to just 16.7% of overall U.S. respondents.
•Adoption benefits are most common in the corporate sector, with 61% of corporations offering some type of adoption assistance. Of the organizations surveyed, 24.3% offer financial assistance and 26.7% offer paid leave.
•Flexible benefit arrangements are also most common in the corporate sector, with 95.5% of corporations offering some type of flexible benefit arrangement. The most common offering is a health flexible spending account, with 73.1% or organizations providing this benefit offering.
Employee Benefits Survey: U.S. and Canada 2007 looks at the prevalence and design features of defined benefit (DB) and defined contribution (DC) pension plans, health care, dental and prescription drug benefits, life insurance, voluntary benefits, adoption benefits, holiday benefits, sick leave, and short- and long-term disability. The survey data covers four employment sectors: corporations, professional service firms, public employers and multiemployer benefit plans in both the United States and Canada.
"The survey provides an unbiased and comprehensive look at the benefits landscape in not only corporate organizations, but also multi-employer and public employer plans," said Mauro Canori, Director of Human Resources for Merck & Co.
Some key findings from all U.S. respondents, including corporate, public employer plans, professional service providers and multi-employer (Taft-Hartley) plans include:
•About 50% of respondents estimate their benefit costs as a percentage of payroll to be 31% or more.
•Of the organizations surveyed, 75.7% offer at least one DC pension plan. By far, the most commonly offered is a 401(k) plan, with 78.3% of U.S. respondents offering this type of plan. Of the organizations offering DC pension plans, nearly 80% match their employees' contributions.
•More than 91% of respondents offer dental benefits. The most commonly provided plan is a dental preferred provider organization (PPO).
More than 1,200 respondents from across the United States and Canada participated in the survey. It includes summaries, charts and comparison tables.
To purchase Employee Benefits Survey: U.S. and Canada 2007, visit www.ifebp.org/books.asp?6368, or contact the Publications Department at (888) 334-3327, option 4, or bookstore @ ifebp.org. The book is 100 pages and costs $120 (I.F. Members $80) plus shipping and handling. It is available in print, CD-ROM and e-book formats.
The International Foundation of Employee Benefit Plans is a nonprofit educational association serving the employee benefits and compensation industry. Total membership includes more than 35,000 individuals representing over 8,300 trust funds, corporations, public employee groups and professional advisory firms in the United States and Canada.
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