News and Events at TSI
TSI in the News
Strategic Redesign of the Severance Package
September 1st, 2009 —Organizational restructurings, reductions in force and company paid severance benefits are common business practices in both the strong economy of the not-too-distant past and the current economic crisis. Reducing corporate expense is a high priority for most companies today, and the significant cost of compensation and benefits has resulted in heightened scrutiny of employee benefits across the board. Strategic Redesign of the Severance Package [PDF].
TSI Press Releases
RVI Group Welcomes Vice President, Sales, for TSI
May 15th, 2009 —Stamford, CT — The RVI Group is pleased to announce that Joseph M. Few has joined the company as Vice President, Sales. Joe will be responsible for sales and new business development for RVI’s wholly-owned subsidiary, Transition Services, Inc.. Read the rest of this entry »
Industry News
Obama to call for extention of jobless benefits
July 19th, 2010 —(CNN) — President Obama will call on Congress to extend benefits for jobless Americans during an appearance in the Rose Garden on Monday morning, a White House official said.
For full text of this article, visit http://www.cnn.com/2010/POLITICS/07/19/obama.economy/index.html?hpt=C1
Jobs slowly returning on Main Street
May 7th, 2010 —NEW YORK (CNNMoney.com) — Main Street’s job hemorrhaging has slowed.
Companies with fewer than 50 workers added a net 1,000 jobs in April, according to a report released Wednesday from payroll processor ADP. But the upswing actually began last month: ADP revised its March data to reflect a gain of 4,000 positions, marking the first month in nearly two years that small companies expanded their payrolls.
For full text of this article, visit http://money.cnn.com/2010/05/06/smallbusiness/main_street_jobs/index.htm
Severance: Trending Toward a Balance
Visit TSI’s blog to keep up with the latest trends in severance cost reduction strategies. Learn More »
Federal Economic News Releases
Employment Situation – June 2010
July 2010 —Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged down to 9.5 percent, the U.S. Bureau of Labor Statistics reported today. Private-sector payroll employment edged up by 83,000. Employment Situation June 2010.
Employment Situation – May 2010
June 2010 —Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today. Private-sector employment changed little (+41,000). Manufacturing, temporary help services, and mining added jobs, while construction employment declined. The unemployment rate edged down to 9.7 percent. Employment Situation May 2010
The Employment Situation – April 2010
May 2010 —Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent, and the labor force increased sharply, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in manufacturing, professional and business services, health care, and leisure and hospitality. Federal government employment also rose, reflecting continued hiring of temporary workers for Census 2010. Employment Situation April 2010