Indy tech employers face vexing question on compensation
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
Central Indiana employers with open tech positions are having a tough time getting their interns to accept job offers. A new study questions whether the pay is adequate.
Indiana added 5,500 private-sector jobs in October with modest bumps in manufacturing and the trade, transportation and utilities sector.
Indianapolis-based employees have been offered voluntary severance packages as the global engine maker follows through on plans to eliminate about 2,600 positions company-wide.
The global firm is planning 2,600 job cuts over 18 months, primarily in its aerospace division. Its Indianapolis operations, which employ about 4,500 people, are devoted mostly to civil and defense aerospace work.
The unemployment rate fell to 6.1 percent from 6.2 percent in August, although U.S. employers added fewer jobs than expected.
California-based Carrington Mortgage Services said Thursday it plans to spend $3.2 million to open an office in Westfield. In addition to the new hires, about 180 employees in Fishers would move to the Westfield location.
Just three months before the parent company of AIT Laboratories was sold in 2009 to its employees for $90 million, it was appraised for $17.1 million, according to a U.S. Department of Labor lawsuit.
The new part-time and full-time jobs will pay in a range of $12 to $18 per hour, according to Boston-based Interactions Corp.
Evansville-based Vectren Corp. says 120 southwestern Indiana coal miners will lose their jobs by month's end as the natural-gas utility completes the sale of its coal-mining subsidiary.
The consumer-review firm told federal regulators Friday that the move was “part of a focus on improving salesforce performance and productivity.”
An affiliate of Lutheran Health Network in northeast Indiana that concentrates on health-related businesses services expects to nearly triple its workforce.
The state added 17,400 jobs to employer rolls in June, including a 7,400-worker boost in the government sectors. But a bump in residents returning to the labor force increased the unemployment rate.
The numbers suggest a strengthening job market, especially since hiring is at its healthiest clip since the late 1990s, and the 6.1 percent unemployment rate is at a 5 1/2-year low.
At a local clinic, an undercover agent for an opposing group asked about sexual role-playing and recorded the conversation. Planned Parenthood officials say the exchange does not reflect their standards or protocols.
Employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.
Part-time and contract jobs in the past tended to rise during recessions and recede during recoveries. But maybe no longer: Part-time workers have accounted for more than 10 percent of U.S. job growth since the recession officially ended in June 2009.
Many of the 160 workers for ABC Companies in Nappanee will have a shot at jobs in a nearby plant for building double-decker buses.
CEO Don Brown recently told IBJ that the firm expected to hire in the neighborhood of 250 workers in 2014, and also was looking at constructing an additional building by its headquarters. An announcement is set for Thursday afternoon.
Irwin Tools plans to shut down its 456,000-square-foot warehouse and distribution center in Greenfield and consolidate operations elsewhere.
Hylant Group says a former worker in its Carmel offices broke a non-compete agreement and poached clients for his new insurance-brokerage gig in Indianapolis.