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  interbiznet Bugler

July 14, 2011

In The News

Track24, the leader in security tracking and risk management solutions, launches a web-based Employee Location Management System (ELMS), to help organisations fulfil their duty of care during incidents which might compromise staff safety.

Fidelity Investments, national provider of workplace retirement savings plans and individual retirement accounts (IRAs) 1, announced survey2 results that reveal more than half (55 percent) of current workplace savings plan participants say they would not be saving for retirement if not for their 401(k) plan. The research, which highlights the savings behaviors of current and former 401(k) participants in a challenging economy, also found nearly one in five respondents (19 percent) currently enrolled in workplace plans report they have no retirement savings at all outside this key retirement benefit.

Intelimedix, a leader in business intelligence and healthcare analytics, announced the release of Tru:Inform, the company's latest solution designed to significantly improve the member, provider and employer communication needs of health plans.

Russell Reynolds Associates, global executive search and assessment firm, announced the addition of Annika Tycer as Executive Director in the Industrial/Natural Resources and Corporate Officers Sectors. Ms. Tycer will be based in Houston, Texas.

Interstate Hotels & Resorts, the United States' largest independent hotel management company, announced that it has been selected to manage six hotels to be developed by NBB-Development in Sochi, a sea and mountain resort area in southwestern Russia and site of the 2014 Winter Olympics. The properties, which will aggregate 1,564 rooms and are expected to open in fall of 2013, comprise a city center business hotel, a golf resort and four hotels in the mixed-use real estate development that is an integral part of the infrastructure of the 2014 Winter Olympics.

Study States . . .

The 2011 Hay Group Healthcare Compensation Study, shows planned median base salary increases of 3.0 percent in 2011 for employees of large integrated health systems (IHS). This is an increase from 2010 when providers reported a planned 2.4 percent median base salary increase for healthcare employees. Conversely, independent hospitals (those not affiliated with systems) are reporting lower median base salary increases of 2.3 percent in 2011, reflecting the ongoing economic challenges facing those employers.

When looking at actual pay changes between 2010 and 2011, there is a noticeable variation at the Chief Executive Officer level. CEOs at not-for-profit IHS received a median 4.0 percent increase in base salary for 2011, while independent hospital CEOs saw an increase of 5.0 percent. The variation in total cash compensation (base salary plus annual incentives) is even wider between the two: CEOs at IHS saw an increase of 3.1 percent, while independent hospital CEOs saw an increase of 6.0 percent in total cash for 2011.

Up Coming EVent . . .

Women Gather In New Orleans for the 3rd Annual Louisiana Women's Conference on September 23

This Statewide conference focuses on professional development, community involvement, premium networking, and entrepreneurship.


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