Federated sees costs from new employment pacts
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Federated Investors Inc  said on Friday it recorded a charge in the fourth quarter due to the cost of employment contracts for three employees from the previously acquired Edgemont Asset Management Corp.
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The new dental and vision benefit program for federal employees and retirees tries to fill a gap in their health-care coverage by offering a mix of national and regional plans that vary in cost and enrollment options.
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Merger cost savings continue to help Regions offset industry challenges.
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For many years, the middle tier of companies in the $200 billion federal services industry was regarded as a source of innovation and productivity. They grew into companies that today are big names in the contracting space -- SRA, Alion, CACI and Mantech.
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That's not all. Microsoft also has new tools geared to help cut costs of managing corporate data.
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Chancellor expected to make small concession by introducing a lower rate for entrepreneurs
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An enterprisewide software and services agreement the Air Force has signed with Microsoft promises to save the service more than $100 million in direct costs and an undefined but significant amount through indirect costs, according to Air Force CIO John
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As a new enrollment period gears up, employers are bracing for how much it is going to cost to cover their workers&#39; health. Although insurance premiums are expected to rise at a slower rate than
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The annual open-enrollment season for federal employees is on its way, loaded with insurance industry argot and acronym-laden programs.
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Regions Financial continues to wring savings from a recent merger.
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Employers have reneged on their promise to share the pensions burden with workers, the TUC says.
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By Compiled by John MacIntyre  Estimated annual cost of influenza to U.S. employers in lost wages due to paid sick leave, according to a new study: $9.45 billion.
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Savings to be spent caressing customer companies, apparently
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SAN FRANCISCO - The many new mechanisms to secure and speed up applications running on networks are heading for consolidation that should make it easier and less expensive to deliver the kind of performance end users want.
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The longtime partners are expected to announce a new deal that looks likely to cover business services.
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Starting Nov. 1, if there is no new contract, unionized workers will have to bear the cost of the increase in their health insurance premiums.
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A Microsoft partner has become the first to offer Microsoft&#39;s new unified communications software as a hosted service.Intermedia on Tuesday will begin offering Microsoft Office Communications Server (OCS) as a hosted service on a subscription basis for $7.95 per user, per month, said Rurik Bradbury, vice president of strategy for Intermedia. The service initially will be available to users of Intermedia&#39;s hosted Exchange service, which costs $12 per user, per month. Eventually, the OCS service will be available independently of that service, he said.Intermedia is a SaaS (software as a service) provider in New York and one of Microsoft&#39;s hosting partners. Microsoft also offers Exchange as a hosted service, and eventually plans to offer OCS as a hosted service, but has not specified when. Other Microsoft hosting partners such as USA.net and Apptix also plan to offer OCS on a hosted basis but have not done so thus far.The company is already hosting OCS for some early adopter customers, but the general rollout of the service starts Tuesday, Bradbury said. The service is aimed at SMBs that find it too complicated to install all the software on premise and administer and manage it themselves.&quot;If you think Exchange is difficult to set up for a small business, think about setting up Exchange and OCS,&quot; Bradbury said. &quot;It&#39;s an absolute nightmare for SMBs to do this.&quot;Included in the hosted OCS offering will be private, secure instant messaging and message archiving -- the latter of which is a legal requirement for companies that deal with sensitive information, such as financial services and health care, Bradbury said. The service also offers Web presence integration across Office Communicator, Outlook, and SharePoint, so a user&#39;s free/busy status is available to colleagues across all those services, and PC-to-PC voice and video conferencing.One feature of OCS that isn&#39;t in the first version of the hosted service is integration with a company&#39;s PBX (private branch exchange), but that will be available in a future version, he added.Microsoft launched OCS in October&#160;as the hub of its unified communications strategy, which aims to run a company&#39;s e-mail, instant-messaging, Web-conferencing, videoconferencing, and IP-based telephony services on one software infrastructure. Microsoft and other software providers, such as IBM, as well as traditional networking providers, such as Cisco, are competing in this new convergence space, which used to be primarily the domain of telecommunications providers.Intermedia plans to host its OCS service out of its datacenters in California, where it has three: one in Milpitas, one in San Jose and one in Sunnyvale. The company also has a datacenter in New York.