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February 3, 2010

In The News

Appalachian Regional Healthcare System in Boone, North Carolina, recently completed an organization-wide deployment of Lawson QuickStep Healthcare, a pre-configured enterprise software package that will help the hospital system enhance its human resources capabilities and improve integration between its financial and supply chain processes. The package, which was implemented in less than six months, includes the Lawson Business Intelligence, Human Resource Management, Enterprise Financial Management and Supply Chain Management suites.

Chase announced that its Health Savings Account (HSA) business has grown by 30 percent over the last year, adding more than 115,000 accounts and $220 million in deposits. Chase now has more than 500,000 account holders who hold over $740 million in their HSAs. (read more)

Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., has acquired Haake Companies, one of the largest independent insurance agencies in the Midwest. Terms of the transaction were not disclosed. (read more)

Carney R. Shegerian, an employee rights attorney and founder of Shegerian & Associates, a Santa Monica-based litigation law firm representing employees, has issued the following comment surrounding proposition 8 and the potential effects in the workplace. "The law provides that it is the job of the employer to ensure that personal sexual lives are not a ground for mistreatment of any employee, gay or straight." (read more)

Kenexa (Nasdaq: KNXA), a global provider of business solutions for human resources, announced operating results for the fourth quarter ended December 31, 2009.
For the fourth quarter of 2009, Kenexa reported total revenue of $39.1 million, compared to $45.1 million for the fourth quarter of 2008. Within total revenue, subscription revenue was $33.3 million for the fourth quarter of 2009, a slight sequential increase compared to the third quarter of 2009 and compared to $37.6 million for the fourth quarter of 2008. Professional services and other revenue was $5.7 million for the fourth quarter of 2009, compared to $7.1 million in the third quarter of 2009 and $7.5 million for the fourth quarter of 2008. (read more)

Unum Group (NYSE: UNM), one of the leading providers of employee benefits products and services and the largest provider of disability insurance products in the United States and the United Kingdom, reported net income of $199.4 million ($0.60 per diluted common share) for the fourth quarter of 2009, compared to net income of $41.8 million ($0.13 per diluted common share) for the fourth quarter of 2008. (read more)

On The Move

Seyfarth Shaw LLP, one of America's leading full-service law firms, announced that the Honorable Leon R. Sequeira has joined the firm's Washington, D.C. office. Sequeira served as Assistant Secretary of Labor for Policy at the U.S. Department of Labor (DOL) from 2007–2009. He joins Seyfarth as of counsel in the Labor & Employment Department.

Studay States

APQC Names 3M, Infosys, and Schlumberger Best-Practice Partners in "Rewarding, Engaging, and Retaining Key Talent" Research Study

Last Chance for Human Capital Management Professionals to Join Research and Participate in Virtual Site Visits with Leading Organizations

APQC, a nonprofit best-practices research organization, recently kicked off a human capital management research study to help organizations understand best practices for recognizing, rewarding, motivating, engaging, and retaining key talent as the economy rebounds and turnover of valued talent is expected to increase.
"Best-practice organizations can avoid costly, unwanted employee turnover. APQC's newest human capital collaborative research study will help organizations take a proactive stance to engaging and retaining critical talent"
3M, Infosys, and Schlumberger were selected by the consortium of sponsoring organizations as the "best-practice partner" organizations in this research area. Virtual site visits begin this month. To learn more visit www.apqc.org/studies/engagingkeytalent09 or contact Project Manager Rachel Brill at rbrill@apqc.org or 800-776-9676, extension 7270. (read more). Contact Liz Greene, 214-850-1374. (read more)

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