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September 3, 2010

Kenexa Corporation and Salary.com, Inc. announced that they have entered into an agreement for Kenexa's acquisition of Salary.com in an all cash tender offer and merger for $4.07 per share, or approximately $80 million. (read more)

William Gallagher Associates aquired Paradigm Associates, a health and welfare benefit plan consulting group headquartered in Braintree, MA. (read more)

The International Data presented its first forecast and market landscape analysis for the U.S. employee benefits outsourcing services market and found that spending in 2010 will grow 3.8% over 2009. Additionally, IDC forecasts spending in this market segment to reach $10.3 billion in 2014, growing at a compound annual growth rate (CAGR) of 6.1%. (read more)

New survey shows Employers are spending more than ever on Wage and Hour Compliance Programs to counter Eescalating risk (read more)

More Employers Adding 401(k) Plan Features to Drive Participation and Savings (read more)

NCPERS Charitable Foundation, the charitable arm of the nation's leading advocate for public employee pension plans, has become an inspirational source of support for students in need, including many who have chosen careers in public service, and has encouraged others to begin their own charitable foundation. (read more)

Happy Holiday

Labor Day is a United States federal holiday observed on the first Monday in September (September 6 in 2010). The first Labor Day in the United States was celebrated on September 5, 1882 in New York City. It became a federal holiday in 1894, when, following the deaths of a number of workers at the hands of the U.S. military and U.S. Marshals during the Pullman Strike, President Grover Cleveland put reconciliation with the labor movement as a top political priority. Fearing further conflict, legislation making Labor Day a national holiday was rushed through Congress unanimously and signed into law a mere six days after the end of the strike.[2] The September date was chosen as Cleveland was concerned that aligning an American labor holiday with existing international May Day celebrations would stir up negative emotions linked to the Haymarket Affair.[3] All 50 U.S. states have made Labor Day a state holiday. (read more)

Events

The National Society for Hispanic Professionals and Diversity job board LatPro (www.LatPro.com), are returning to Washington, D.C. September 23rd to facilitate an event featuring qualified Hispanic and bilingual jobseekers with employment opportunities with diversity-conscious employers in the area.




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