Latest news with #PEO
Yahoo
21-05-2025
- Business
- Yahoo
HUB INTERNATIONAL LAUNCHES PEO CONSULTING PRACTICE
Employee benefits solutions for professional employer organizations to help streamline HR processes and ensure compliance CHICAGO, May 21, 2025 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today the launch of HUB PEO Consulting, a consulting practice in the U.S. to advise clients that are interested in working with Professional Employer Organizations (PEOs). PEOs provide a variety of outsourced human resources services functions, including payroll management, benefits administration, employment practices liability insurance (EPLI), workers' compensation and HR support. With increased regulatory oversight and competition, the role of PEOs in small and mid-sized businesses has never been more vital. PEOs provide critical infrastructure, technology, talent and resources that would otherwise be unattainable for most of these organizations. "HUB has national partnerships with select PEOs, which means our experts understand how important it is to partner with the PEO most suited for business success," said Linda Keller, Chief Operating Officer, HUB Employee Benefits. "Our PEO Consulting experts work with businesses to identify the right human resources solutions for their short- and long-term organizational goals." Carrie B. Cherveny, Esq., one of HUB's Employee Benefits Compliance Practice Leaders, has been named the National PEO Consulting Practice Lead. She has more than 15 years of experience as a Chief Compliance Officer, employment law and ERISA (Employee Retirement Income Security Act) attorney and was previously an In-House Counsel in a PEO. In her role, she will manage HUB's national PEO partnerships and strategies identifying opportunities to partner with PEOs, provide client strategy and guidance, and enhance the client experience. "By partnering with a PEO, companies are able to provide their employees access to high-quality, comprehensive benefits, minimize risk, stay on top of regulations, and minimize HR administrative tasks," said Cherveny, "As employers continue to face new complexities, PEOs become vital in navigating those complexities." HUB's PEO Consulting practice provides clients with the following services: A complete outsourced solution that includes employee benefits (health/ancillary), 401(k), payroll and payroll tax services, unemployment defense, workers' compensation and claims management and EPLI. A flexible solution we refer to as a PEO Hybrid, where the client may have the option to "carve out" its benefits, workers' compensation and/or EPLI but take advantage of all of the PEO technology, service, and infrastructure. PEO exit solutions to establish a company's own client-sponsored programs and payroll, which includes custom project plan development, support to maintain the project plan, tracking and managing open items log and coordinate meetings between the team, the vendor and additional third parties, as well as developing employee communications. For more information on the PEO Consulting practice, click here. About Hub InternationalHeadquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, visit Hub Media Center. MEDIA CONTACTS:Marni GordonPhone: Jessica WiltsePhone: View original content to download multimedia: SOURCE Hub International Limited Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Politics
- Yahoo
Blast monitoring, better body armor in store for US special operators
TAMPA, Fla. — All U.S. special operators will soon wear concussion sensors as the services aim to better track brain health. Special Operations Command will begin fielding a blast exposure monitoring system next year. Officials who develop and procure all the gear that touches the body of an operator laid out that initiative and a host of other items they plan to upgrade or replace in the next few years here on Wednesday at the Global SOF Foundation Special Operations Forces Week conference. 'We're putting concussion sensors on every operator pretty soon,' said Adam Fields, product manager for Program Executive Office SOF Warrior's protection systems. The blast exposure monitoring system they'll need to track that data is planned to arrive over fiscal years 2026 to 2029, Fields said. Hegseth champions special operations as the force for today's threats At the same time, Fields and other leaders at the executive office will follow the practice of refreshing, or recompeting, contracts for specific gear every five years. That timeline means that this year the PEO is looking to replace the ground helmet and maritime communications accessories. Next year, they'll be looking at new gloves, ruck sacks, hard armor for their body armor kits, land communication accessories and a new coxswain helmet for boat crews. Farther out, their plan calls for replacing outer shell type environmental protection, think jackets and coats, especially for cold weather, in 2028. Also, in 2028 they'll be looking to replace or upgrade body armor vests. Within those replacements, they expect to field lighter body armor that will defeat armor-piercing rounds. They want the same protection out of lightweight ballistic helmets and add improved bump protection, comfort, stability and heat management. They'll also reach full fielding of the new casualty evacuation kit system by fiscal year 2026. Beyond personal gear, the team is also looking for autonomy and arctic kits for most all their ground vehicles, which range from the Joint Light Tactical Vehicle to the MRZR all-terrain vehicles. SOCOM is also in the process of swapping the MRZR-D for the MRZR-A. The 'D' version sports a diesel engine while the 'A' model uses the same base package but adds exportable power for charging and powering devices. Within those devices the PEO officials are looking at a series of new capabilities for their electronic gear and other items. Those include militarized USB-C connectors, increased energy density for next generation batteries, multi-spectrum signature reduction, flame resistant material for uniforms, sound localization in headsets and heated technology to protect against frostbite and other environmental factors.
Yahoo
08-05-2025
- Business
- Yahoo
Barrett (NASDAQ:BBSI) Beats Q1 Sales Targets
Business management solutions provider Barrett Business Services (NASDAQ:BBSI) reported Q1 CY2025 results topping the market's revenue expectations , with sales up 10.1% year on year to $292.6 million. Its GAAP loss of $0.04 per share was 68.6% above analysts' consensus estimates. Is now the time to buy Barrett? Find out in our full research report. Barrett (BBSI) Q1 CY2025 Highlights: Revenue: $292.6 million vs analyst estimates of $285.9 million (10.1% year-on-year growth, 2.3% beat) EPS (GAAP): -$0.04 vs analyst estimates of -$0.13 (68.6% beat) Adjusted EBITDA: -$2.21 million vs analyst estimates of -$5.5 million (-0.8% margin, 59.7% beat) Operating Margin: -1.4%, in line with the same quarter last year Market Capitalization: $1.06 billion 'BBSI delivered a strong start to the year, highlighted by record gross and net WSE additions and continued high client retention,' said Gary Kramer, President and CEO of BBSI. Company Overview Operating as a professional employer organization (PEO) that serves over 8,000 companies with more than 120,000 worksite employees, Barrett Business Services (NASDAQ:BBSI) provides management solutions that help small and mid-sized businesses handle human resources, payroll, workers' compensation, and other administrative functions. Sales Growth Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. With $1.17 billion in revenue over the past 12 months, Barrett is a small player in the business services space, which sometimes brings disadvantages compared to larger competitors benefiting from economies of scale and numerous distribution channels. On the bright side, it can grow faster because it has more room to expand. As you can see below, Barrett's sales grew at a decent 5.2% compounded annual growth rate over the last five years. This shows its offerings generated slightly more demand than the average business services company, a helpful starting point for our analysis. Barrett Quarterly Revenue Long-term growth is the most important, but within business services, a half-decade historical view may miss new innovations or demand cycles. Barrett's annualized revenue growth of 5% over the last two years aligns with its five-year trend, suggesting its demand was consistently weak. Barrett Year-On-Year Revenue Growth This quarter, Barrett reported year-on-year revenue growth of 10.1%, and its $292.6 million of revenue exceeded Wall Street's estimates by 2.3%. We also like to judge companies based on their projected revenue growth, but not enough Wall Street analysts cover the company for it to have reliable consensus estimates. This signals Barrett could be a hidden gem because it doesn't get attention from professional brokers.
Globe and Mail
17-04-2025
- Business
- Globe and Mail
Gregory W. Buckley Elected President of Adams Natural Resources Fund
BALTIMORE, April 17, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO), one of the nation's oldest closed-end funds, today announced that Gregory W. Buckley has been elected President of the Fund. Mr. Buckley has been an Executive Vice President and a portfolio manager of ADX since April 20, 2023. He will continue to serve as a member of the portfolio management team that is currently headed by CEO James P. Haynie. Mr. Buckley joined Adams Natural Resources Fund in September 2013 as a senior equity analyst covering the energy and utilities sectors. He was promoted to Vice President-Research in April 2015. He is also a Vice President-Research of Adams Diversified Equity Fund, Inc., PEO's affiliate, since 2019. 'Greg has done an excellent job since joining the PEO portfolio management team and has exhibited the dedication and insight that I believe will make him valuable as President of the Fund,' said Mr. Haynie. Mr. Buckley began covering the energy sector in 1999 and prior to joining Adams Funds worked at BNP Paribas as an Equity Analyst and Portfolio Manager. His experience also includes managing a long/short Energy fund at Citadel LLC and working as an Energy Analyst at Pioneer Investments. Mr. Buckley holds a Bachelor of Science degree in Finance from Villanova University and an MBA from the Kenan-Flagler Business School at the University of North Carolina. Adams Natural Resources Fund, Inc. is one of the nation's oldest and most respected closed-end funds and is the longest-tenured closed-end fund specializing in energy and natural resources stocks. About Adams Funds Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO).The Funds are actively managed by an experienced team with a disciplined approach and have paid distributions for more than 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year, providing reliability for long-term shareholders. A portion of any distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions for tax reporting purposes in a calendar year, including the percentage of qualified dividend income, will be made after year-end. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit:
Yahoo
28-03-2025
- Business
- Yahoo
Kansas gov. approves 8 new laws Friday
TOPEKA (KSNT) – Kansas Governor Laura Kelly approved multiple bills this week which will now become new laws in the Sunflower State. Kelly announced on Friday, March 28 that she has approved eight new laws this past week. These new laws include the following: House Bill 2092 – updates reporting and audit requirements for Professional Employer Organizations (PEO) with the Kansas Secretary of State. House Bill 2117 – modifies certain business filing and fee requirements for business trusts, foreign corporations and limited partnerships; and makes other technical changes. Substitute for House Bill 2145 – reorganizes the Butler County Fair Board. Senate Bill 166 – creates the Fostering Competitive Career Opportunities Act. Senate Bill 194 – voids a restrictive covenant that limits the use of real property and includes discriminatory provisions, enabling an Internet Exchange Point (IXP) project at Wichita State University to move forward. Senate Bill 78 – requires postsecondary educational institutions to review and update accreditation policies regularly. House Bill 2185 – provides more educational supports for Kansas National Guard members and their families by updating the Educational Assistance Act to allow family of guard members to participate. Substitute for House Bill 2102 – provides for the advance enrollment of a military student whose parent will be stationed in Kansas. WATCH: Satanic Grotto leader taken away in handcuffs at the Kansas Statehouse 'There are a multitude of factors that go into employment consideration, and a postsecondary degree should not always be the deciding factor,' Kelly said on Senate Bill 166. 'While this principal has already been implemented for agencies under my jurisdiction, I am pleased to sign this bill to codify this practice.' Many of the above bills will become new laws on July 1, 2025. Others will be come effective once they are published in the Kansas Register. For more Capitol Bureau news, click here. Keep up with the latest breaking news in northeast Kansas by downloading our mobile app and by signing up for our news email alerts. Sign up for our Storm Track Weather app by clicking here. Follow Matthew Self on X (Twitter): Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
