Boston College offers a health cash plan to all of its 450 employees, irrespective of their level of seniority or the number of contracted hours they work. Its health cash plan, provided by Westfield Health, has helped to reduce staff sickness absence rates by 28%; employee absence rates for the entire workforce fell from 4,114 days in 2011 and 2012 to 2,955 days in 2013 and 2014.The plan also enables staff to pay towards health resources they may not otherwise have access to, such as acupuncture and osteopathy, as well as an employee assistance programme (EAP).Tim Millington, human resources manager at Boston College, says: “There is no doubt that there are some additional benefits to PMI compared to a health cash plan.“[But] further education has suffered badly under the austerity measures introduced over the last few years, and we have to recognise people’s financial restrictions at the college.”Millington adds that Boston College’s health cash plan adheres to employees’ needs effectively, and explains that budgetary constraints mean the college cannot offer PMI as well. “We have found the cash plan to be a very well-received employee benefit offering excellent value for money for [employees], and providing great results in staff engagement and staff absence,” he explains.
The top 10 most read stories on www.employeebenefits.co.uk between 12 and 18 May are:Employee Benefits Professional of the Year shortlist unveiledRolls Royce Group named UK’s most attractive large employerChiswick Park launches lunch hour summer events programmeTesco staff in Ireland to strike over pay disputeBNP Paribas and Nottingham City Council make benefits team shortlistJP Morgan and Sky make the most engaging benefits proposition shortlist38% feel work has a negative impact on their mental health21% let Friday 13th superstitions affect their working day58% are not confident their benefits package retains and attracts talentMoney.co.uk introduces new volunteering and health benefits
Something for the weekend: For most employees, a 15-minute drive sounds like a dream commute for a simple 10-mile journey. However Czech locksmith Frantisek Hadrava fancied a more high-flying mode of transport to get to work, opting to build his own plane instead.The ultra-light Vampira plane, which took two years to build, cuts Hadrava’s commute in half as he can now whiz to work for a 6am start in a speedy five to seven minutes, parking his personalised plane with an open cockpit in the meadow opposite the factory where he works in Ckyne.In the plane, Hadrava can cruise at a maximum of 91 miles per hour, with the propeller of the plane powered by a three-cylinder engine.Hadrava said: “It takes me about 12 to 14 minutes by car. By plane, it would take around four to five minutes if I flew directly, but I take a bit of a detour so that I don’t disturb people early in the morning. So it takes about seven minutes.”Here at Employee Benefits, we’re wondering whether salary sacrifice plane schemes will be introduced any time soon and, if so, whether the office roof counts as a designated parking space…
Employee Benefits has been named Pensions/Benefits Publication of the Year at the 2017 Willis Towers Watson Media Awards, winning the accolade for the third consecutive year.The annual industry media awards, now in its twelfth year, recognises excellence in business journalism, focusing on HR, pensions, benefits, insurance, reinsurance and risk, mergers and acquisitions, and institutional investment.The winners of the Willis Towers Watson Media Awards were announced yesterday (3 May 2017) during a ceremony at the Willis Towers Watson offices in central London.The Publication of the Year categories are decided by public vote, and the individual journalist categories are determined by an expert judging panel.Nicolas Aubert, head of Willis Towers Watson for Great Britain, said: “In today’s changing business environment, the media has an important role to play in bringing difficult issues to the front of people’s mind and providing analysis and debate. We were highly impressed with the quality, diversity and engaging style of this year’s media award submissions.”
Public relations organisation FleishmanHillard Fishburn has launched a range of new benefits to support employees’ work-life balance, including flexible working, lifestyle and family-friendly benefit schemes.The new benefits were implemented on 11 September 2017 as part of the organisation’s #Listeningface campaign. This involved collecting feedback from FleishmanHillard Fishburn’s 250 employees via its employee engagement survey, which was conducted in the spring, as well as through staff consultations. This information was then used alongside external research to inform the new selection of benefits that were introduced.New family-friendly benefits that have been introduced include flexi-time arrangements that are built around an employee’s childcare requirements, staggered return-to-work hours when an employee is returning from parental leave, childcare vouchers, and private healthcare coverage for family members. Employees returning to work after paternity or maternity leave also receive peer and counsellor support, a welcome-back goodie pack, and access to a welfare room for breastfeeding or expressing breast milk. FleishmanHillard Fishburn’s parental leave policies apply to both male and female staff, biological and adoptive parents.The new benefits include initiatives to enable employees to engage in their passions outside of work. A newly implemented initiative, Passion Projects, allows employees to pitch for up to £600 each from an annual £10,000 fund in order to follow a passion outside of the workplace, such as charity work or attending a cookery course. Another new initiative, Side Hustle, offers flexible hours, employer support and additional resources to allow employees to commit regularly to other jobs and activities away from the organisation, for example volunteering, blogging, politics or fitness.The organisation has also launched new leave benefits for staff, enabling them to take up to 37 days of annual leave as well as the option to buy an additional five days’ holiday. This includes granting staff the day off for their birthday. The organisation also runs a sabbatical programme that grants between six and 13 weeks of leave.Alongside these new benefits and initiatives, FleishmanHillard Fishburn has also introduced a new flexible-hours policy. This enables employees to fulfil their contracted hours anytime between 7am and 8pm, with the option to work remotely using an employer-provided laptop.Staff were informed about the new benefits options via a staff meeting and team breakfasts. Employees will also receive daily email communications about the new benefits offering.Jim Donaldson (pictured), chief executive officer at FleishmanHillard Fishburn, said: “We discovered through this process that listening really is our superpower at [FleishmanHillard Fishburn] and we felt it was time to celebrate this obvious but often elusive skill. We know people have lives outside of work and these fresh commitments to our team reflect how we’re adapting to help them be more flexible and empowered, in a way that’s also great for the [organisation].“Our industry is beset with mental health issues due to pace and pressure coupled with high attrition rates of people leaving the sector altogether. These are often attributed to burnout or lack of options for groups like working parents. In addition, talent churn across consultancies reflects that millennials and generation Zs feel the need to move [organisation] in order to unlock career development.“Addressing these important industry-wide challenges starts with listening, and by ensuring that people feel more in control. It has been our mission to create a trusting, flexible and supportive environment where people’s passions and lives outside of work are supported and valued as much as the professional skills and experience that they contribute. It is a culture that is at the centre of our success over the last couple of years.”
Almost two-fifths (36%) of UK employees believe that their employer does not do enough to support staff who have become parents, according to research by professional network website LinkedIn.In a survey conducted by Censuswide in March 2019, among 4,000 UK adults in either full or part-time employment, LinkedIn also found that 37% of respondents are not aware of what support their workplace provides for new parents, while three-fifths (60%) stated that their employer was not completely transparent about its parental policies when they joined the organisation.Flexible working was cited by 38% of those surveyed as the most desirable system for catering to the needs of employees with caring responsibilities. However, 38% of female respondents stated that they are uncomfortable discussing flexible arrangements with their managers.Among the primary reasons for this are concerns that the employer might see flexibility as an inconvenience (41%), that they will say no to requests (40%), or that the employee will seem needy (37%) or less productive and committed to their job (33%).Jon Addison, head of talent solutions at LinkedIn UK, commented: “Flexible working is becoming one of the hot topics working parents discuss with their LinkedIn communities. However, our research reveals that many employees still don’t feel comfortable talking about flexible working options, and would even consider switching careers to find a job that better matches their family commitments.”When weighing up pay against the cost of providing childcare during working hours, only 23% of UK employees stated that returning to work after having a child was financially worthwhile. Just over a quarter (26%) of overall respondents, and 29% among women, confirmed that they had considered switching careers altogether so as to find more accommodating employment.Addison continued: “The birth of a baby is a life-changing moment and [employers] have a huge role to play to help working parents and consider how they can support their employees through flexible working options, whether that be the option to work at home or introducing flexi-time initiatives, or even being open to have that conversation to begin with.”
MIAMI (WSVN) – As people buy gifts for the holidays, a South Florida police department is buying guns in order to get them off the streets.The City of Miami Police Department teamed up with the Rickia Isaac Foundation for a gun buy-back event that will be held over the weekend.Reverend Jerome Starling and local law enforcement officials said the event is about curbing the ongoing violence that has plagued South Florida neighborhoods.“The plea today is for people to understand, ‘You got to put the guns down, and you got to be able to turn the guns in,’” explained Starling.The gun buyback event will be held this Saturday, at Dorsey Park, which is located at 1701 N.W. 1st Ave.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
JUPITER, Fla. (WSVN) — Seven divers were rescued from the water after they were reported missing off the Jupiter inlet.The Palm Beach County Sheriff’s Office deployed their marine unit to look for them.All seven divers were rescued from the water. Two were rescued by deputies, while the other five were rescued by a good Samaritan.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
“He said some cuss words to me, and he said that his friends don’t have to go anywhere,” Dobbins told the news outlet. She went on to say she returned to her room, grabbed a taser, and returned to the doorway of her son’s room.“I had the taser in my hand, and I made the noise with the taser, and so, he was like, ‘I’m calling police’,” she said.Officers arrested Dobbins at her home.“He came back and said, ‘Put everything down,’ and I said for what?” Dobbins told Fox 10. “He said, ‘For tasing your son.’ I said, ‘I didn’t tase my son, I made the noise.’ He said that it’s domestic violence against a minor. So they handcuffed me. I start crying and got in the back of the police car.”A judge decided to release Dobbins without bail, but police impounded her Taser.The mother is now facing a child abuse charge and is expected to make another court appearance.“I don’t think I did anything wrong because you’re supposed to put God first and that’s all I was trying to do is tell my kids to put God first,” Dobbins told KNXV. Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. PHOENIX (WSVN) – A mother has been accused of using a Taser to wake up her son for Easter church services.According to court documents, 40-year-old Sharron Dobbins of Phoenix, Arizona, is accused of using the Taser on her 17-year-old son’s leg, Fox 10 reports.“I said, ‘Get up! It’s Jesus’ Day!’” Dobbins told KNXV.She denies tasing her son, saying she simply “sparked” the device and never actually tased him.“I did not touch him at all with the taser,” Dobbins told Fox 10. “I made the sound with the taser.”Dobbins was reportedly upset that both of her teenage sons were creating issues at home before their Easter Sunday church service. One of the sons talked back to her when they were told to send their friends home, according to Fox 10.At that moment, Dobbins said she was at least five feet away from her son, who went back into his room.
Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. PALM BEACH GARDENS, FLA. (WSVN) – A dog who was dragged behind a truck for at least half a mile is recovering, and those who helped are sharing her survival story.The recovering dog named Destiny was dragged behind her elderly owner’s truck until a Palm Beach County Sheriff’s deputy spotted her two weeks ago.Destiny is now in the care of some people who worked to save her life. She had cuts and scratches so deep that her bones were exposed.“Underneath her bandages here, she’s got incisions with staples,” said Dr. Steven Hansen with Pet Emergency & Referral Center.Although she has fractures and the pads on her paws were worn away when she was dragged by her neck, Hansen said she’s improving from when she first arrived. “She’s made some remarkable progress as far as healing,” he said.According to the dog’s owner, he tied Destiny to his truck while he went to feed his other animals. When he finished, he said he forgot about Destiny, accidentally dragging her half a mile down the road.After spotting Destiny, the deputy pulled the driver over and took the injured dog to the vet. “Had they not stopped her when they did and had they not gotten her here so that we could start intervening with IV antibiotics, supportive care, shock therapy and then eventually surgery, she probably would have passed away,” Hansen said.The three-year-old dog was in desperate need of medical care, and a rescue organization called Salty Dog Paddle Rescue stepped in to help.“She has a will to live. She wants to live. She’s a strong dog, so we wanted to help,” said Samantha Dishman with Salty Dog Paddle Rescue.The organization rescues hundreds of dogs and raises nearly a million dollars for their care. “That’s what Salty Dog is. We raise awareness. We raise funds. We raise education,” Dishman said.“She has an incredible will to live and we wanted to support her,” Hansen said.Destiny’s owner surrendered her because he couldn’t pay her medical bills. He could still face criminal charges.Meanwhile, vet bills have added up to about $15,000 so far. To donate toward Destiny’s medical care, click here.
SUNRISE, FLA. (WSVN) – Authorities took a Sunrise man into custody on disturbing charges.Sixty-one-year-old Harrison Wayne Burrus appeared in court, Friday, on charges of possessing and transmitting child pornography.Burrus is being held on $63,500 bond and has been ordered to stay off the internet.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Fresh towels, pillows and blankets are available upon request for a small fee. The system currently extends across 3,500 miles of scenic coastline with ten ferries providing service to over 35 coastal communities. The AMHS summer schedule covers ferry travel from May through September 2018 on the only marine route recognized as a National Scenic Byway and All-American Road. Story as aired:http://www.radiokenai.us/wp-content/uploads/2017/12/Dorene-on-Booking-begins-for-summer-ferries.mp3 Courtesy of Alaska Marine Highway SystemThe Kennicott is 382 feet long and 85 feet wide, with a service speed of almost 17 knots. Reservations are available for booking at FerryAlaska.com, by calling 1-800-642-0066, or visiting ferry terminal staff throughout the system. The ship has 48 four-berth and 58 two-berth cabins which offer offer sink areas and linens. Onboard amenities include observation lounges with comfortable chairs, a covered heated solarium, a cafeteria-style restaurant, a movie lounge, showers, coin-operated lockers, writing and quiet lounges, and a child’s play area. She is designed to carry around 500 passengers and can carry 70 some vehicles. FacebookTwitterEmailPrintFriendly分享For those who are wanting to secure a seat aboard the poor man’s cruise ship, the Alaska Marine Highway System Summer 2018 Schedule is now open for booking. The M/V Kennicott runs from Homer to Bellingham, Washington with stops in Seldovia, Kodiak, Chenega Bay, Whittier, Yakutat, Juneau, and Ketchikan. For around a thousand dollars you can take the whole trip.
The Soldotna City Council at their meeting on Wednesday, March 28, agreed to postpone any further discussion on annexation until their council meeting on May 9. Olson: “Last week they finally pulled the trigger on it and said they are going to annex 7 of the 9 areas. The city has a constitutional right to pursue annexation, but the borough residents also have some rights here. We elected you folks, you represent us, the folks that sit on the city council in Soldotna we don’t get to vote for them. Our only request was that they would choose the local option that would allow the people in the affected areas to vote. Instead, they decided to go with the legislative review process, that means there won’t be any voting by the folks in the affected areas.” City Manager Stephanie Queen spoke at the work session, prior to the meeting, stating that this resolution, if approved, would begin the official annexation process. The postponement allows the council to further address the seven areas of annexation, including removing, or editing the boundaries of some of the areas. The City Council stated the resolution introduced proposes to use the legislative review process when they submit their petition for annexation to the Local Boundary Commission. That means that the overall decision on annexation will not be going to the voters. Brian Olson, the President of Borough Residents Against Annexation testified at the Kenai Peninsula Borough Assembly on Tuesday, April 3, to try and garner support from the assembly. Facebook0TwitterEmailPrintFriendly分享The City of Soldotna has considered narrowing down the proposed areas of annexation from seven to nine at their council meeting on March 28. The city plans to focus more studying into the commercial areas, like along K-Beach road, and avoiding more residential areas.
Facebook0TwitterEmailPrintFriendly分享JUNEAU, Alaska (AP) — During Republican Mike Dunleavy’s successful run for governor last year, he offered few specifics for his vision of limited government but was clear that Alaska residents should get a full payout from the state’s oil-wealth fund. “Nothing should be off the table,” he said. The dividend provides a financial boost more critical for residents with lower incomes and those in high-cost rural areas. Checks have ranged from about $331 a person in the program’s early years to $2,072 in 2015, the year before it was capped. He’s faced criticism for participating in what some see as friendly venues, including events hosted by the limited government group Americans for Prosperity-Alaska, which asked people to register in advance and reserved the right to kick out anyone who was disruptive. Some of the gatherings drew protesters; police alleged one woman yelled at the governor in Nome and resisted their commands, but the prosecutor there declined to pursue charges. Jan MacClarence said she and her husband, who are in their 70s, are moving from a state-owned elder-care facility in Anchorage after 3½ years and into an apartment to avoid the budget stress. State officials have proposed rate increases of between 40% and nearly 140% for Pioneer Home residents to reflect costs of care, though they have said no one would be evicted or barred entry based on their ability to pay. Dunleavy argues the state must live within its means. He says spending is the problem, not the dividend, and sees revenue that would come from new or increased taxes as a pathway to more spending. Dunleavy is seeking constitutional changes that include a spending cap, giving voters a say on tax or dividend changes approved by lawmakers and giving the Legislature a say on tax-related voter initiatives. Key senators have begun kicking around the idea of a change in the dividend calculation. Lawmakers in recent years blew through billions of dollars in savings as they struggled to address the deficit. With savings dwindling and disagreement over taxes and continued cuts, they began tapping permanent fund earnings, typically used to pay dividends and fortify the nest-egg fund, to help pay for government last year. This created tension, with the decades-old dividend, widely considered an entitlement, seen as competing against other programs for funding. “The governor’s looking at any kind of pool of money he can try and grab, and it’s all going into this dividend promise that he made,” Kelty said. “I don’t think that’s right.” Dunleavy has proposed sweeping cuts, including potentially selling a state museum; idling Alaska’s ferry fleet while the future of that service, critical to many coastal communities, is debated; slashing health and social service programs; shifting costs to local governments; and cutting the University of Alaska system budget by an amount nearly equivalent to the cost of running two of its three flagship campuses. Roger Stone, a Dunleavy supporter from Ketchikan, doesn’t agree with everything Dunleavy proposed but sees his budget as a wake-up call that something’s got to give. Alaska has no personal income or state sales tax. He hasn’t said if he would accept a smaller dividend, or how heavily he’ll wield his veto power. He said he’s willing to use “every tool available to make sure we have our fiscal house in order.” But now that he’s governor, residents are learning what it will take to pay a full dividend, and many don’t like their options. A new law that seeks to limit what can be taken from fund earnings calls for a withdrawal of $2.9 billion for the coming budget year for both dividends and government expenses. Paying a full dividend for 2019 alone would take $1.9 billion. That doesn’t include any back-payment. Some see this as a manufactured crisis that doesn’t consider potential new or increased taxes and too highly prizes the annual checks over education and other government services. Frank Kelty, the mayor of Unalaska, a community of about 4,300 along the far-flung Aleutian Islands that is home to one of the nation’s busiest fishing ports, likens Dunleavy’s quest to pay a full dividend to President Donald Trump’s push for a U.S.-Mexico border wall. “I think that they need to take a hard look at what’s really necessary in state government,” Stone said of lawmakers. Once that happens, he said he’s willing to have a lower dividend, seeing that as preferable to a sales or income tax. Dunleavy’s call for paying the full amount this year, around $3,000 each, plus what they missed out on the past three years, was a centerpiece of his campaign. The state wants to hire a consultant to recommend “reshaping” the system and reducing its costs. Dunleavy has expressed openness to keeping some runs going while that process plays out, but no boats are currently set to sail past Oct. 1. MacClarence said being on their own and using food delivery and personal care services as needed is better than worrying every year about what lawmakers might do. Former state Sen. Rick Halford unsuccessfully sued Walker for roughly halving the amount available for dividends in 2016 and agrees with Dunleavy’s effort to pay a full dividend. But he said it isn’t a full debate when options such as taxes on oil and other resources aren’t being considered. As lawmakers have held hearings around the state on Dunleavy’s budget proposals, the governor has begun traveling to make his case. The formula for calculating the amount residents receive from Alaska Permanent Fund earnings is set in state law, based on an average of the fund’s income over five years. Starting in 2016, former Gov. Bill Walker and the lawmakers capped the yearly dividend, at $1,022, $1,100 and $1,600. A full dividend this year would be roughly $2,900 to $3,100. Community meetings and some budget hearings held by lawmakers have drawn big crowds. Hundreds spoke against cuts to the ferry system, a thoroughfare for coastal communities not connected to the mainland road system. Lawmakers and Dunleavy’s predecessor kept the annual checks at $1,600 or less the past few years as they struggled to address a budget deficit that has persisted amid low to middling oil prices and is now estimated at $1.6 billion. Many residents of small southeast Alaska communities travel by ferry with their cars to the bigger city of Juneau to buy supplies at places like Costco, or fly there and take the ferry home. Walt Weller, the mayor of Pelican, a town of about 70 people 70 miles (113 kilometers) west of Juneau, called the ferry a lifeline. “When you’re out here at the end of everything — I mean no roads, float planes only — 100% weather-dependent, we’re pretty doggone dependent on that ferry,” Weller said. He acknowledges people choose to live there but said the ferries — even with limited runs — have helped make that possible. “To have people claim that they’re going to give everybody giant (dividend) checks and then rip our road out from underneath us is fairly upsetting,” he said.
Facebook0TwitterEmailPrintFriendly分享This year the BP Teachers of Excellence program recognized 21 Alaska teachers, among those are three Kenai Peninsula Borough School District teachers. Pegge Erkeneff, Communications Liaison for the Kenai Peninsula Borough School District: “The BP Teacher of Excellence program has been going on for many years in our state, and on the Kenai Peninsula we have so many amazing educators. BP likes to highlight the teachers and show what’s happening in our classrooms.” BP Alaska President Janet Weiss: “These teachers represent the best of Alaska education, and it’s an honor to recognize them with this award. At BP, we’re proud to play a part in supporting their continued success and showing our ongoing commitment to the state and to creating the leaders of tomorrow.” Winning teachers receive a $500 gift card and a $500 matching grant to their school. Teachers also receive a trip to Prudhoe Bay to learn about BP’s operations and paid admission for the Alaska Resource Education’s teacher course. Julie Doepken, William H. Seward Elementary SchoolJennifer Hornung, Nikiski Middle/High SchoolWendy Todd, Paul Banks Elementary School All teachers and educational allies will be honored at an award ceremony in late April, where the statewide BP Teacher of the Year will be announced.
BEAVER LOOP ROAD IMPROVEMENTS and PEDESTRIAN PATHWAYROAD CONSTRUCTION through the seasonThrough Monday, June 17, crews will be surveying and performing clearing operations. STERLING HIGHWAY REHABILITATION, SKILAK LAKE to STERLING ROAD CONSTRUCTION through the seasonCrews are working between MP 69 and 73 (Watson Lake Area), and between MP 65 and 67. Please be aware of PILOT CAR and flagging operations from 8:00pm to 8:00am, Monday thru Thursday, and 10:00pm to 8:00am on Friday and Sunday nights.Crews are also working during the day between MP 59 and 63, as well as between MP 69 and 71. Please be aware of flagging operations and crews working on the shoulder.Expected to begin on Sunday, June 9, crews will begin paving operations between MP 65 and 67. Please be aware of PILOT CAR and flagging operations, with up to 20 minute DELAYS.Drivers should be aware of equipment in the roadway. HSIP: STERLING HIGHWAY and MAIN STREET INTERSECTION IMPROVEMENTSROAD CONSTRUCTION through NovemberCrews are working intermittently at the intersection of the Sterling Highway and Main Street in Homer. Please expect flagging operations as work progresses. KALIFORNSKY BEACH ROAD MP 16 to 22.2, RESURFACING and SIGNALIZATIONROAD CONSTRUCTION through the seasonNo traffic impacts are expected for the duration of this project. Facebook0TwitterEmailPrintFriendly分享The Department of Transportation has released it’s weekly road construction update for the projects currently taking place on the Kenai Peninsula. HSIP: STERLING HIGHWAY SHOULDER WIDENING MP 97 to 118ROAD CONSTRUCTION through OctoberDETOUR: Drivers should be aware that the DETOUR on Johnson Lake Loop Road is in place while crews work on installing a fish passage culvert at Crooked Creek. Crews have installed a temporary bridge and new alignments at both ends of Johnson Lake Loop Road for the DETOUR.Construction crews are working between MP 101 and 118.Crews are working day and night shifts. Drivers should be aware of possible TRAFFIC RESTRICTIONS and DELAYS.Crews will be installing culverts at Slikok Tributary, Clam Gulch, Coal Creek and Crooked Creek. KENAI SPUR HIGHWAY REHABILITATION, SPORTS LAKE to SWIRES ROAD, PHASE I ROAD CONSTRUCTION through the seasonCrews are working off the roadway during the day from 8:00am to 7:00pm. Please be aware of equipment and vehicles entering and exiting the roadway.Crews are also working at night from 7:00pm to 6:00am. Please expect DELAYS with PILOT CAR and flagging operations.The pedestrian pathway will be impacted daily, with flaggers posted to assist pedestrians as needed. Please be aware that sections of the pathway are gravel.Drivers should be aware of a NEW TRAFFIC PATTERN from MP 6.5 to 8. Please be aware of traffic control. Use caution and reduce speed if necessary.
Digital ad revenue increased 35 percent year-over-year, the company said.Adjusted third quarter publishing division EBITDA was $3 million, compared to $7.7 million in the prior year’s quarter, the company said. Martha Stewart Living Omnimedia reported its third quarter financials today, announcing a $3.7 million net loss, down slightly from a $4.4 million loss for the same period in 2007. The company generated $66.5 million in revenue, down from $69.2 million during the same period last year.Year-to-date, MSLO reported a $7.3 million net loss, down from the $23 million loss it reported through the first nine months in 2007. Revenue, however, was $211.4 million, up slightly from $209.4 million during the same period last year.Meanwhile, MSLO’s publishing division posted $121.6 million in revenue year-to-date, down roughly 9 percent from $134.3 million during the same period last year. Those losses were offset, in part, by the company’s gains in its merchandising ($43.9 million, up 26 percent) and broadcasting ($36.2 million, up 28 percent) businesses.MSLO attributed third quarter publishing declines to “lower advertising pages, a shift in timing of special issues and the absence of Blueprint [which shuttered late last year].” Those losses, the company said, were partially offset by rate gains.
According to Meredith president and CEO Stephen M. Lacy, ad revenues company-wide continue to be “significantly impacted by the recession. However, certain revenue streams not tied to advertising are growing, particularly our integrated marketing, brand licensing and video production activities.”Despite the special charge and higher paper prices, Meredith’s total operating expenses declined 2.8 through the first six months of fiscal 2009, the company said.Looking ahead to fiscal third quarter 2009, Meredith says declining ad revenue will continue to affect its businesses. Publishing ad revenue for the third quarter is down 15 percent, compared to a decline of 20 percent through the first six months. Ad revenue in its broadcasting group is down nearly 40 percent, driven mostly by a 70 percent decline in advertising from the automotive segment.“We possess a strong balance sheet, modest levels of debt at a low cost of funds and adequate liquidity supported by strong operating cash flow,” Lacy said. Meredith Corp. incurred a $16 million special charge in the fiscal second quarter of 2009 associated with reducing its overall workforce by approximately 250 people, the closing of Country Home magazine and relocating its Parents.com and ReadyMade operations to its headquarters in Des Moines, Iowa, the company said today. After factoring the special charge, Meredith reported net earnings of $31.1 million through the first six months of fiscal 2009, down 44 percent from $69.4 million from the same period last year. Revenue for the period was $736.6 million, compared to $800.3 million during the same period in fiscal 2008Operating profit in the publishing division declined nearly 50 percent to $48 million through the first six months, compared to $100 million during the same period last year (excluding the special charge, operating profit would have been $61 million, the company said). Advertising revenues were down to $271 million compared to $333 million from the same period the prior year.
Each company offers a different range of information to Jumptap’s ad network. Acxiom, a marketing services and technology company that focuses on consumer segmentation and direct mail solutions, offers anonymous information on user demographics and life stages. Datalogix, which focuses on database marketing and digital media, gathers anonymous purchase-based data segmented by verticals.Polk, an automotive data and marketing solutions company, will give the ad network offline reports detailing vehicular make and model info by consumer zip code. TARGUSInfo also provides offline data, as it bases its data analysis by per household behaviors.Combined, this pool of data allows Jumptap to deliver a personalized ad experience for mobile users. Paran Johar, CMO of JumpTap, says that because there is such a limited amount of space for advertising in the mobile space, this kind of targeted campaign is mandatory to gain user focus. Mobile advertising network JumpTap has announced partnerships with Acxiom, Datalogix, Polk and TARGUSInfo in order to target specific demographics with mobile advertisements. “The consumer’s appetite for spam advertising on mobile is really diminished compared to other mediums. On the PC, you have six or seven ads; but with mobile, you have room for two at most. Consumers crave relevant ads,” says Johar.With a targeted demographic identified, it becomes easier to match ads with users. “This delivers a higher ROI for advertisers, a better user experience and for the publisher, and a higher yield for publishers, because we’re going to charge more for it,” says Johar.In April, JumpTap raised $25 million in a round of funding from AllianceBernstein, General Catalyst, Redpoint Ventures, Summerhill Ventures, Valhalla Partners and WPP. This round resulted in the company’s overall funding to top over $90 million.Magazines included in JumpTap’s ad network include Newsweek, Star, Shape and US Weekly.
When you think Red Bull, you should think scale. Whether it’s selling more than 35 billion cans of an energy drink in more than 165 countries, sponsoring hundreds of athletes or producing a men’s lifestyle magazine that’s printed in five languages and delivers more than 2.7 million copies globally, Red Bull aims to do everything big.The Red Bulletin is the company’s print magazine iteration, and it began in 2007 when the company launched its media division, Red Bull Media House. Red Bull Media house produces a variety of content, from print to video to recorded music. However, The Red Bulletin was the company’s first formal standalone media product.It would be easy to dismiss the magazine as a content marketing play, however the business model and content tell a different story. The magazine’s revenue stream works just like most consumer magazines–subscription, newsstand and ad sales. And editor-in-chief of the U.S. edition, Andreas Tzortzis says that while content supports the parent company’s mission, it’s purpose is not just a tactic to sell more cans. “The kind of stories we do are so varied, which is one of the great challenges each month,” he says. “Because we cover stories from beyond the world of Red Bull, and increasingly that’s become our mandate, we have shifted away from branded stories and have begun to push the boundaries and explore the exceptional.” What he means is The Red Bulletin covers many of the same concepts and issues other lifestyle magazines are tackling, but instead tries to contextualize them from the brand and its consumers’ perspective.”We occupy many different spaces,” Tzortzis says. “We’re able to tell stories from other countries in the perspective of people living there. Whereas a lot of American magazines tell those stories from the perspective of an American in another country.”Tzortzis admits that The Red Bulletin borrows from a lot of different magazines in that it covers a number of lifestyle topics including sports, music and gear reviews. But he does say that he doesn’t see the magazine having a clear competitor. The magazine publishes on multiple platforms beyond print including a website and an app. It also develops videos to complement its feature stories. Nevertheless, print is still the magazine’s primary vehicle for reaching readers.”I have a soft spot for print, as does our founder” Tzortzis says. But he says there’s more to it than that. “Magazines can provide the context, we can slow down the story. So much of our world is quick-hit clips. But we place an emphasis on photography and our journalism, and I think that’s where print lives. Print lives in the ability to step back, to slow down the pace and provide the context. And for Red Bull Media House it provides the ability to branch out.” What Tzortzis means by “branch out” is that The Red Bulletin taps into a demographic different from its typical beverage consumer–specifically, men in their late 20s and into their early 30s. The magazine also recently redesigned its front of book section “Bullevard” under the direction of its new publisher Wolfgang Winter. The new design was developed in order to give the reader a “running start” to its feature well, according to Tzortzis. This is the magazine’s second design upgrade this year, after overhauling the back of the book in early 2013. And Tzortzis says to expect more upgrades in 2014.More on this topic Red Bull Magazine, “The Red Bulletin,” Priced at $4.99 a Pop Red Bull Media House Brings Its Magazine Online ESPN Relaunches Rise, Increases Circ to 1 Million Primex 2006: From E-Media to Virtual Proofing, Program Reflects a Conflicted Era The Red Bulletin Evolving into Traditional Magazine Martha 2.0: After Ad Turnaround, CEO Says ‘Survival’ Question Put to RestJust In Meredith Corp. Makes Digital-Side Promotions | People on the Move The Atlantic Names New Global Marketing Head | People on the Move Four More Execs Depart SourceMedia in Latest Restructuring PE Firm Acquires Majority Stake in Industry Dive TIME Names New Sales, Marketing Leads | People on the Move This Just In: Magazines Are Not TV NetworksPowered by