Market Pulse: Duke Energy inks HR outsourcing contract w/ Hewitt

CHARLOTTE, N.C., May 16 /PRNewswire-FirstCall/ — Duke Energy todayannounced that Hewitt Associates, a global human resources services firm, hasbeen selected to provide comprehensive HR back-office administrative servicesto the company’s U.S. and Canadian employees and retirees.

Under the seven-and-a-half-year contract, effective July 1, Duke Energywill outsource to Hewitt its back-office administration and relatedinformation technology systems in the United States and Canada, includingpayroll, active employee and retiree health and insurance enrollment andstatus, retirement plan administration, staffing and training enrollment andstatus, work force event and salary administration, and performance managementadministration. Other terms of the deal were not disclosed.

The contract will directly affect roughly 100 of Duke Energy’s 21,500employees, with most of the affected employees located at the Charlotteheadquarters site. Hewitt will offer employment to most of the Duke Energyemployees performing the work covered in the contract. Ultimately, all DukeEnergy’s U.S. and Canadian employees and benefit plan participants will seechanges in the manner in which they access some HR information and/or how theyperform certain HR-related functions.

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CSC Wins Contract Worth Approximately $230 Million to Support NASAs Shared Services Center at Stennis Space Center

EL SEGUNDO, Calif., May 11 /PRNewswire-FirstCall/ — Computer Sciences Corporation announced today that it has won a contract to provide support servicesto the new National Aeronautics and Space Administration (NASA) SharedServices Center (NSSC) at Stennis Space Center, Miss. CSC estimates thevalue of the award, which has a five-year base period and five one-yearoptions, to be approximately $230 million if all options are exercised.

Underthe terms of the agreement, CSC will provide administrative, financial,human resources and procurement support services to approximately20,000 NASA employees, applicants, contractors and university partners.

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Duke Energy Inks HRO Contract with Hewitt

CHARLOTTE, N.C. — Duke Energy today announced that Hewitt Associates, a global human resources services firm, has been selected to provide comprehensive HR back-office administrative services to the companys U

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Malvern Outsources Rollovers to RolloverSystems

Father of 401(k) Benna Touts Benefits to Plan Sponsors

CHARLOTTE, N.C. (April 26, 2005) RolloverSystems, Inc., the leader in technology-based rollover solutions, announced today the company will provide rollover distribution services, including automatic rollovers, for Malvern Benefits Corporation.

Malvern provides 401(k) retirement plan administration and record keeping services in an environment of open investment architecture free of bias toward any proprietary investment product. Malvern founder, Ted Benna, is the author of Tips for Successfully Managing Your 401(k) and 401(k) for Dummies. He is also widely known as "Father of the 401(k)."

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Cap Gemini sells health practice for $175M to Accenture

LONDON (MarketWatch) — Cap Gemini on Thursday said it’s selling itshealth care project and consulting practice in the U.S. and Canada for$175 million to Accenture Ltd , as well as transfering 600 employees.The French IT group said the deal is part of its 400 million euro assetdisposal program announced September 2004. The French IT company willretain its outsourcing contracts with health care clients in the U.S.,as well as federal public sector health consulting capabilities in theU.S.

TALX Acquires Jon-Jay Associates, Expanding The Work Number and Tax Management Services

ST. LOUIS, MO (April 20, 2005) TALX Corporation (NASDAQ: TALX) today announced the acquisition of Jon-Jay Associates, which specializes in providing unemployment cost management services as well as an employment verification service.

Jon-Jay, headquartered in Boston, had revenues of approximately $8

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NY HR Week 2005 Trumps Expectations – Up 32% to 3710 Registered Attendees

HR Executives In Record Numbers Attend HR Conference —

Top Issues Include Outsourcing, Diversity, Benefits & Technology

Milford, CT,April 20, 2005 NY HR Weeks conference directors today released recordattendee totals for the 2005 NY HR Week held April 12-14, 2005 at the New YorkHilton, making it the nations second largest HR event. Registered attendeestotaled 3,710, with conference attendees numbering 706.  The totals represented a 32% increase overthe 2004 totals, and included a record 106 media attendees.

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PwC: Almost All Fast-Growth Companies Outsourcing HR Functions

PricewaterhouseCoopers Trendsetter Barometer interviewed CEOs of 360 privately held product and service companies identified in the media as being among the fastest growing U

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