Archive for December 2012

Ecuador Central Bank governor resigns over fake degree

The governor of the Central Bank of Ecuador has resigned after admitting that he lied about having a degree in economics. Pedro Delgado apologized for providing false information when he applied to a business school more than 20 years ago. He finished his masters degree there, but the business school – Incae – discovered he’d…

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Happy Holidays!

We want to wish all Mind Your Business, Inc. customers, friends, blog readers and supporters a happy and healthy holiday season! We truly appreciate all of your support, and look forward to to the developments, progression and successes that 2013 will bring. ]]>

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US unemployment levels drop again in November

Bureau of Labor Statistics. In November, 2.5 million persons were marginally attached to the labor force, essentially unchanged from a year earlier. These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because…

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Rep.: If you drug test for welfare, drug test politicians too

drug screening for welfare recipients would only be fair if applied to all who receive taxpayer dollars – including elected officials, said Rep. Joe Deshotel (D-Beaumont). The bill, filed last month by Sen. Jane Nelson (R-Flower Mound), would authorize the use of drug screening for recipients of the Temporary Assistance for Needy Families program and unemployment benefits, according to…

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Average 2013 salary increase predicted to be around 3%

Robert Half International’s 2013 Salary Guide reports do an excellent job of breaking down pay by industry. Robert Half states that pay in the tech sector is expected to see the greatest 2013 average raise, with an increase of 5.3%. Mobile app developers in particular will see a salary increase of 9% on average. Workers in…

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UK teachers strike over random drug testing policy

Teachers at an independent special school in the UK are on strike after one of them was asked to take a random drugs test. Eleven teachers at the Alderwasley Hall School, which is a residential centre as well as a school, took action last week. Their union, the NASUWT, says one teacher was suspended after…

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What are the costs of a bad hire?

Resoomay explores the baffling costs of making a bad hire, and it’s certainly information we thought was worth highlighting. Check out a few of the startling statistics – no doubt you’ll be surprised: Between hiring costs; total compensation; cost of maintaining the employee; disruption costs; severance; and mistakes, failures, and missed business opportunities, an employer’s average…

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