Vermont pursues workers in Boston

first_img“This is the marketing segment of a concerted approach,” Quinn said. “Our research shows that targeting alumni of Vermont colleges and universities; creating internships for students with Vermont companies; and building more moderately priced homes are the policies we have to implement to go with our message.” Welcome to the brave new world of economic development, Vermont-style. January 23, 2008Vermont Continues Its Pursuit of Boston Talent “That’s what prompted our Governor, Jim Douglas, to make this such a priority,” Quinn said. “Vermont is the second-oldest state in terms of median age. Employers and potential employers need to know there’s going to be an adequate workforce available in the future.” BOSTON – Dim lighting and hip music formed the backdrop as the well-dressed young man and young woman munched seared tuna appetizers and sipped wine. Would he consider moving to Vermont to work for her company? “This event has generated a number of leads for us,” said David Parker, Operations Director of Dealer.com, a Burlington, Vt. software firm that specializes in internet marketing for the automobile industry. “The fact that people employed in Boston’s tech sector are interested moving back to Vermont is a tribute to the strength of the state’s brand, and to our burgeoning software industry.” That’s turned around slightly, but New England continues to have a lower percentage of people in this age bracket than the rest of America, and Vermont is tied for dead last with Maine, the study said. After a brief introduction and some small talk about work, she cut right to her bottom line. For the second time in less than a year, economic development officials from the State of Vermont, with employers in tow, came south looking to poach a few of Boston’s young workers. “We see events like this as our most efficient way to find young people who are likely to come back to Vermont to work and live,” said Mike Quinn, Vermont’s Commissioner of Economic Development. “We’ve targeted a group who already know and like the state, and this generation finds their jobs by networking, not looking at classifieds.” That includes a website aimed at giving potential recruits information about jobs, housing, and activities in Vermont; an e-newsletter and email alerts about jobs; and events like this that give potential recruits a chance to rub elbows and swap business cards with Vermont companies looking to fill jobs immediately. It’s a challenge facing all of New England’s states: Anemic population growth, especially among young people. A study by the Carsey Institute at the University of New Hampshire indicated that between 2000 and 2004, the region’s population of those aged 25 to 34 dropped more than 6 percent. Networking Event Seeks To Woo Professionals North The event, at Boston’s trendy Living Room nightclub, is part of a state campaign dubbed PursueVT aimed at retaining young people and recruiting those who have left Vermont to return. So the state has set out to let young people – especially those who went to one of Vermont’s many colleges and universities – know that there are good  jobs in this tiny state to go with its attractive lifestyle. The state plans more events like these in the future, Quinn said, and intends to expand its target cities to include New York and Washington, D.C. A similar event at the same venue in September 2007 drew roughly 75 people. Wednesday’s crowd of about 50 enjoyed free food; a shiny Burton snowboard as a door prize, and nearly 20 employers in information technology and financial services vying for their attention. To learn more, visit the Department of Economic Development’s website: www.thinkvermont.com/publications/(link is external) or www.pursuevt.com(link is external)last_img read more

Royal Mail pension CEO Hogg exits for National Grid role

first_imgHowever, the company is currently locked in heated negotiations with unions about the future structure of the scheme. Royal Mail estimates that it will have exhausted its surplus by next year. It plans to close the defined benefit scheme to future accrual from 31 March 2018, but its restructuring plans have been opposed by unions.Hogg was earlier this month elected as the new chair of the Pensions and Lifetime Savings Association’s defined benefit council.At National Grid, Hogg will work with CIO Rob Schreur, who has overseen the scheme since joining in 2015 from Philips Pensioenfonds in the Netherlands. The company sold its in-house pension scheme asset manager, Aerion, to Legal & General Investment Management in the same year.National Grid declined to comment. Royal Mail Pension Plan chief executive Chris Hogg is to leave the defined benefit scheme, IPE has learned.He is set to take over as chief executive of the £16.6bn (€18.2bn) National Grid UK Pension Scheme, according to sources familiar with the situation.Hogg joined the £9.8bn Royal Mail scheme in 2009 as head of funding, overseeing the transition from state ownership to privatisation. This involved the government taking on roughly £40bn of liabilities and £28bn of assets in 2012.Following the transfer, and with Hogg as CEO, the scheme retained responsibility for benefits accrued after 31 March 2012. It held £9.8bn in assets at the end of March this year, putting it in surplus – its funding ratio was the best in the FTSE 100 at the end of June, according to consultancy LCP.last_img read more

FA to rule on Hull name change

first_img The name change was proposed as a means of creating greater marketing opportunities to raise more funding to continue competing at the top level. Allam said the name City was “common” and has even threatened to quit if his plan is blocked. He may, however, be encouraged to fight on following the publication of results of a fans’ poll which appear to back him earlier this week. In the ballot of season-ticket holders over the age of 16, 2,565 voted for the rebrand with 2,517 against. A further 792 expressed indifference. Critics have pointed out, however, that another 9,159 did not take up their right to vote and claimed that the questions were loaded in favour of a yes vote. Hull have actually been known informally, and affectionately, as the Tigers for much of their 110-year history due to their playing colours of black and amber. Waterson feels this issue has had a detrimental effect on a popular part of the club’s tradition. He said: “What is sad about all of this is that we were very proud of our nickname the Tigers. “But now to use the Tigers is almost seen as dirty and it shouldn’t be like that. “People like the fact we are the Tigers – but it is our nickname and should not be included in our name of Hull City AFC, which is our formal name.” The club have not commented ahead of meeting, officially because they want the focus to remain on this weekend’s FA Cup semi-final against Sheffield United. The possibility of an appeal may exist but fans, who have been vociferous in their opposition to the idea, hope that will be the end of the issue. Ian Waterson, spokesperson for campaign group ‘City Til We Die’ said: “This is a day that has been marked on the calendar for some time. “The membership committee listened to all the evidence from all sides of the argument, they did the hard graft, and came to decision to a unanimously reject the name-change application. “It would be historic now for the FA council to fly in the face of what their membership committee has recommended. “The FA has decided to support the fans on this which is excellent news for football and football in this country. “The Allams have got all the tools they need to generate extra revenue without changing the name of the football club.” Aside from this issue, Allam has been a popular owner having resuced the club from financial crisis in 2010 and plotted a course that led to promotion to the Premier League last year. Allam’s son Ehab, City’s vice-chairman, last month said the family had put £74million into the club and had little more to give. Hull City supporters are hoping the club’s controversial bid to rename themselves as Hull Tigers will be consigned to history later on Wednesday. The Football Association is expected to block the rebranding proposal of Hull owner Assem Allam as the matter is discussed at a meeting of its council. The verdict is likely to be a formality with the governing body’s own membership committee having already unanimously recommended the council reject the plans. Press Associationlast_img read more

Spelinspektionen submits match-fixing regulations to European Commission

first_img StumbleUpon Soft2Bet continues new market drive with Irokobet launch August 26, 2020 Related Articles Share Share Global Gaming adds sportsbook extension to Ninja property August 25, 2020 Submit Winning Post: Swedish regulator pushes back on ‘Storebror’ approach to deposit limits August 24, 2020 Spelinspektionen has submitted new regulations and general advice on match fixing to the National Board of Trade for notification to the European Commission.Under the new rules, betting markets would be limited to the top four divisions of football, with betting on the Swedish Cup restricted to matches featuring teams from said divisions.This policy has also been extended to games featuring foreign teams, with betting only permitted on games featuring teams from that country’s top four divisions.According to the regulator, the restriction of betting to the top four tiers was necessary as lower leagues can be more susceptible to corruption.The regulator said: “Match fixing is considered as one of the biggest threats to sports today and as a result of this as well against betting and the companies that provide betting.“There are, as far as can be judged, great risks in offering bets on games at low divisions in football.Monitoring from both sports federations and the media is lower and the athletes do not make money and are thus more vulnerable.“There is also a risk of athletes or whole associations coming in contact with match fixing at lower levels and then taking the problem up through the pyramid with any sporting success.”The new rules on match fixing can only take effect after given approval from the EU Commission, which is expected to take ‘just over three months’. If given the green light, the regulations can be rolled out from 2021.“The regulations proposed in will not be discriminatory, they are motivated by compelling public interest considerations and the integrity of Swedish sports, they are appropriate to achieve their goals and they do not go beyond what is necessary to achieve a well-functioning gaming market where sporting integrity is preserved,” Spelinspektionen said.The regulator emphasised that regulations must not become too restrictive as this may result in operators leaving the Swedish market, or players gambling via unlicensed sites.It added: “The unlicensed gaming market is never further away than a click on your computer or phone. Under the Gaming Act, licensed gaming companies have incentives to report suspected manipulation and are urged by industry organizations to do so, while unlicensed gaming companies have little or no incentive to report to police or otherwise collaborate with Swedish authorities or industry cross-border cooperation bodies.”last_img read more