New financial results from Providence (Ingeus)

The Providence Service Corporation (which owns Ingeus) reported its fourth quarter 2015 and full year 2015 results on 10th March 2016.

Ingeus comes within the Workforce Development segment. In addition, this includes Mission Providence in Australia, which had to bear the setup costs and initial startup process of the new employment support contract. This contributed to an overall loss within the WD segment and the overall company.

Staffline Group trading update

Staffline, the Staffing and Employability organisation, providing people and operational expertise to industry, has issued a trading update for its financial year ended 31 December 2015.

The Board today confirms that earnings for the full year will be in line with market expectations and both of the business’ divisions have performed well in the year.

Experts by Experience

Remploy has been chosen by the Care Quality Commission to run an Experts by Experience programme which recruits people who have experience of using health and care services to support the commission’s inspections of those services. Remploy won the contract, following a competitive tender process, to recruit, support and manage the involvement of Experts by Experience in the CQC’s North, South and London regions.

i2i launches new company Health 2 Employment

Inspire 2 Independence (i2i) has launched a new venture which will focus on providing health and wellbeing support for unemployed people.

2i Health 2 Employment was officially launched on November 25, this year, and is the latest addition to the company's successful employability, skills and training business.

The new company will meet the needs and demands of the welfare sector by supporting unemployed individuals with complex health issues into sustainable employment.

New financial results from Maximus and Providence (Ingeus)

New quarterly financial results have been published by both Providence Service Corporation, which owns Ingeus, and Maximus.

Both CEOs comment on their UK results, in the case of Providence on their Work Programme impacts, and for Maximus on the start-up of their health assessment (Work Capability Assessment) contract.

The Providence Service results are here:

Work Programme market share shift: DWP update Sept 2015

DWP have announced (21 Sep 2015) further changes to Work Programme market share shift.

Market Share Shift is where a proportion of referrals are moved from a lower performing provider to a higher performing provider.

Market Share Shift is applied per payment group, so there are a number of cases where there are providers both gain and lose in the same CPA.

Future DWP Commissioning – A view to 2017 (i2i’s main Experiences and Recommendations)

Inspire 2 Independence (i2i) is one of the highest performing (and largest) employment/skills sub-contractors in the UK.

Since the start of The Work Programme i2i has supported over 42,000 jobseekers, achieving 51% referral to job starts and up to 36% referral to job outcomes.

Working at the top of five Prime Contractor’s Work Programme Supply Chain networks i2i is well-placed to comment on future commissioning.

Work Programme statistics: Inclusion analysis

Full Briefing

Inclusion comment

The Work Programme continues to show improved results within a period of increasing employment and falling unemployment numbers and rates. Performance for those who started in the last two years has been higher than that for the very large numbers who started in the first two years of the programme.

 

Institute of Employability Professionals: Liz Sewell takes over from Declan Swann

Founder Director of the IEP, Declan Swann, is moving on to a new job. The Board have appointed Liz Sewell to take the organisation through its next stage of development. She will start immediately.

IEP Chair, Janette Faherty, said

“IEP has benefitted tremendously from Declan’s commitment and vision, and the Board wants to thank him for his tireless work and wish him every success in his new post.

Work Programme market share shift: DWP update

DWP have announced (17 Aug 2015) further changes to Work Programme market share shift.

Market Share Shift is where a proportion of referrals are moved from a lower performing provider to a higher performing provider.

Market Share Shift is applied per payment group, so there are a number of cases where there are providers both gain and lose in the same CPA.

The amendment relates to Contract Package Area 12.

Ingeus (ProvidenceService Corporation) Second Quarter financial results

The Providence Service Corporation, which owns Ingeus, announced its second quarter results on 6 Aug 2015.

There was an investor conference call on Friday 7th August. The press release and a replay of the conference call are available from http://investor.provcorp.com/

Workforce Development (WD) Services

Maximus announce third-quarter results

Maximus announced their financial results for the three months to June 30, 2015 on Thursday August 6, 2015.

Revenue growth of 36% to $572.3 million, driven by organic growth and contributions from the acquisitions of Acentia and Remploy.

Pertemps People Development Group acquired by APM (Advanced Personnel Management)

APM is an Australian-owned global leader in human services, delivering employment, disability employment, injury management/vocational rehabilitation, allied health intervention, aged care, disability care and assessment services. It was founded in 1994 by owner Megan Wynne and its mission is to be the best provider of disability, employability and vocational rehabilitation services.

Transformational six months for recruitment group Staffline

Recruitment group Staffline said today that the first six months of the year in which it paid £34.5 million for training specialist A4e were transformational.

Underlying profits before tax increased 56 per cent to £10.1 million (2014:£6.4m).

Staffline, which acquired A4e earlier this year to add to its' earlier acquisitions Avanta and EOS-Works has rebranded its' employment support division as PeoplePlus.