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In The News Ultimate Software, a leading provider of unified human capital management SaaS solutions for global businesses, announced that the National Aquarium is transforming HR operations by using UltiPro, reducing risk related to compliance and litigation, as well as controlling and cutting expenses. The HR Certification Institute recently approved CPEhr, a Los Angeles Human Resources Outsourcing firm, as a provider of recertification credits for PHR, SPHR and GPHR professionals. CPEhr, an HR outsourcing and consulting firm, offers free online HR training courses on a monthly basis to its clients and the small business community. With its new status, CPEhr can now broaden its training services to include HR professionals who require 60 hours of renewal credits every three years. Monster Worldwide, Inc., announced that the Company will release first quarter financial results for the period ended March 31, 2011, on Thursday, April 28, 2011 following the close of the market. McDonald's restaurants are looking to hire approximately 2,000 new crew and restaurant management positions throughout Northern California, the Bay Area, Central Valley and Northern Nevada as part of a national hiring program on April 19. (read more) Evolution Benefits and Lighthouse1 announced that they are merging to create Evolution1 offering the nation's most comprehensive electronic payment, client server and cloud computing solutions for the administration of Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), Health Reimbursement Accounts (HRAs), VEBAs, Wellness and Transit Plans. (read more) Report States Global sourcing of Business Process Outsourcing in the financial services sector (FS BPO), a US$16-18 billion market comprising nearly 40 percent of the US$40 billion global sourcing market, has the potential to grow nearly 15 times its current market size to reach US$250 billion, according to a study by Everest Group, a global consulting and research firm. The report includes an analysis of market size, growth and potential of global sourcing of FS BPO across the banking, capital markets and insurance segments. Research analysts will hold a one-hour Webinar on April 19, 9 a.m. CDT, to present study findings and insights. Everest Group's study, Role of Global Sourcing in Financial Services BPO, includes an analysis of labor savings and other factors that have propelled FS BPO adoption into the rapid growth stage. Global sourcing of BPO in the capital markets segment represents the fastest growth area, driven by the emergence of high-end judgmental work and analytics. Insurance BPO demand is being fueled by a greater need for analytics, an increased need in the United States for healthcare services resulting from a growing customer base spurred by reform legislation, and Solvency II implementation in the European Union. BPO adoption in the banking sector is led by United States firms that are increasing global sourcing to meet fiscal performance pressures as well as address the lack of opportunity in new account acquisitions offset by loan modification servicing needs. Index Climbing Consumer Comfort in U.S. Climbs for Third Straight Week The Bloomberg Consumer Comfort Index Was Minus 43 in the Period to April 10 Consumer confidence in the U.S. rose for a third straight week as improving job prospects made Americans less pessimistic about the economy and their finances. "The catalyst is the labor market. Consumers are holding on, but at some point they will have to adjust to the higher fuel and food prices." The Bloomberg Consumer Comfort Index climbed to minus 43 in the period to April 10, the best showing since the end of February, following a minus 44.5 reading the prior week. Six months of job growth and the income gains that go along with it are helping alleviate some of the strain on household budgets from higher grocery and fuel bills. Americans' spending, the biggest part of the economy, may have increased in the first quarter at half the pace as the previous three months. For full CCI results, see: http://www.bloomberg.com/cci
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