Health benefits model brings employers big cost savings Nov 16, 2009
NAPEO, the industry s trade association, represents nearly 400 professional employer organizations that make up about 90 percent of the industry s revenue. The truth is there s no magic wand in the health care area, Yager said. (San Jose Business Journal, CA)
The future of Bay Area employment Sep 30, 2009
Beyond these structural changes is the breakdown of the employer-employee relationship and the enormous growth in California of workers who are employed by professional employer organizations and staffing companies and as independent contractors. This growth started well before the current recession, but the recession's severity and accompanying employer trauma might well accelerate this growth into the future. (San Francisco Chronicle -- Opinion)
July mass layoffs rise in Tennessee Aug 22, 2009
Of the 10 industries tracked by the BLS, three had their highest layoff events in July: construction machinery manufacturing, professional employer organizations and elementary and secondary schools. Reader Comments. (Memphis Business Journal, TN)
July mass layoffs lowest in nearly a year Aug 22, 2009
Using that unadjusted data, three sectors in July had the most former employees filing for jobless aid on records dating to 1995: elementary and secondary schools, construction machinery manufacturing, and professional employer organizations. And job cuts continue. (MSNBC -- Business)
BLS: Mass layoffs drop in June Jul 24, 2009
Of the 10 industries tracked by the BLS, four had their highest layoff events in June: construction machinery manufacturing, aircraft manufacturing, professional employer organizations and elementary and secondary schools. Reader Comments. (Memphis Business Journal, TN)
New Legislation Protects Businesses by Updating Nevada PEO Laws Jul 3, 2009
Maggie Carlton (D-Clark County) and the Senate Commerce and Labor Committee carried a small but important bill, SB 361, better known as the Professional Employer Organizations Modernization Act, through the legislature this year to help small businesses achieve economies of scale on costs associated with workers' compensation, risk management and employee benefits programs. The bill, which was overwhelmingly supported by the small business community and professional employer organizations... (PR Newswire)
Administrative services organizations can save companies big money Jun 30, 2009
The business models differ greatly in delivery of services and regulatory restrictions, said Milan Yager, executive vice president of the National Association of Professional Employer Organizations. Costs for services provided by each are generally "about the same," he said. (Wichita Business Journal, KS)
THE INFLUENCE GAME: New record for number of PACs Mar 15, 2009
One of the 540 committees started in 2008 was set up the National Association of Professional Employer Organizations, which represents businesses that handle human resources tasks for other companies. Its members hope lawmakers will make it easier for them to collect payroll taxes for their clients. (Yahoo News -- Politics)
Specialty Underwriters' Alliance, Inc. Reports 2008 Fourth Quarter and Full Year Results Mar 6, 2009
" Financial Results Gross written premiums were $36.1 million for the three months ended December 31, 2008, versus $43.3 million in the fourth quarter of 2007. For the year ended December 31, 2008, gross written premiums were $146.2 million versus $160.4 million for the same period in 2007. The reduction in gross written premiums was primarily due to reduced rates in our workers' compensation book and further deterioration in the general economy. Earned premiums were $36.3 million for the fourth... (PR Newswire)
