| September 13, 2011 |
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In The News Looking to improve your hiring process? eSkill can help! Its new job-based assessments evaluate the candidates' ability to put theoretical knowledge into practice. These off-the-shelf, practical job-based tests cover a wide range of skills and difficulty levels. Curious about eSkill's job-based tests? Take the "Office Assistant" sample test for free, or read more. Kenexa, a global provider of business solutions for human resources, announced that C&S Wholesale Grocers, Inc., the largest food wholesaler in the U.S. with approximately 17,000 employees, has selected Kenexa Simulations to engage candidates through interactive web-based job simulations. Insperity, a leading provider of human resources and business performance solutions, selected Tango Health, a leader in advanced web-based services supporting consumer-directed health care, to manage its new Health Savings Account (HSA) program and help employees maximize their personal tax savings. BetterWorks, a company focused on helping small and medium-sized businesses “Make Work Rewarding”, is bringing the BetterWorks Perks Platform to San Francisco under private beta. Employees in San Francisco can enjoy access to local perks, in real-time, from a variety of vendors. Companies based in Northern California can submit to join at http://betterworks.com. Citi, a global financial services company, has been appointed by Diamond Hill Capital Management, Inc., an independent investment management firm, to provide a range of investor support services for the firm’s fund assets totalling $4 billion. Comings & Goings Brad Barbour, CPA, of Barbour Staffing announced that he will be joining forces with the Raleigh, N.C. branch of TRC Staffing Services, Inc. TRC has been offering temporary, temp-to-perm and permanent staffing services to the Triangle area for more than 17 years, and Barbour Staffing specializes in both temp-to-perm and permanent placements within the finance and accounting industries. Changes Luminant, a power generation business, including mining, wholesale marketing and trading, and development operations, Texas operations leadership announced the need to close facilities to comply with the Environmental Protection Agency’s Cross-State Air Pollution Rule, which will cause the loss of approximately 500 jobs. The rule, which the EPA released earlier this summer, requires Texas power generators to make dramatic reductions in emissions beginning January 1, 2012. While Luminant is making preparations to meet the rule’s compliance deadline, this morning it also filed a legal challenge in an effort to protect facilities and employees, and to minimize the harm this rule will cause to electric reliability in Texas. ( read more ) Planning How Much is Enough? Russell Introduces “Rule-of-Thumb” for an Appropriate Savings Rate “TRI 30” helps plan sponsors determine if participants’ savings rates are adequate for achieving retirement objectives – an important insight to consider imbedding in plan design In its latest research, “What’s the right savings rate?”, Russell Investments proposes a new framework to help defined contribution (DC) plan sponsors better answer the question “Are my participants saving enough?” and in turn to take measured steps through plan design in an effort to improve participant behavior. “Describing one’s retirement savings rate in terms of target replacement income (TRI) can greatly simplify the retirement savings puzzle.” “Savings matter because it is the lever over which participants have the most control. Participants who save adequately relative to their retirement spending expectations will greatly diminish their reliance on risk factors outside of their control,” said Josh Cohen, defined contribution practice leader. “Describing one’s retirement savings rate in terms of target replacement income (TRI) can greatly simplify the retirement savings puzzle.” Permalink . - . Today's In depth News . - . Email a Friend . - . Feedback
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