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 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.

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.

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.

Staffline have issued an update on their trading before their half year results are due out on 22nd July. Staffline are the parent company for PeoplePlus, which groups together EOS-Works, Avanta and A4e. Trading has been strong during the first half of the year.

Staffline's CEO Andy Hogarth was interviewed this week for the Daily Telegraph. The interview was published in two articles.

Andy Hogarth is the boss of the UKs largest company that looks to get people off benefits and into work. He is uniquely placed to understand his workers situation having done many of the lowest paid jobs himself, and built up his business after overcoming a battle with depression.

The Providence Service Corporation (NASDAQ:PRSC) held a conference call with investment analysts on their quarterly results. The transcript is available via seekingalpha.com.

An extract of Ingeus-relevant parts is below:

Staffline announced the acquisition of A4e on 27th April 2015.

This means that Staffline, which already owns EOS and Avanta, will now hold nine Work Programme prime contracts, the largest number of any company (Ingeus was awarded 7 by DWP).

The employment support companies will be merged into a new brand 'PeoplePlus' over the coming months.

The companies also hold a number of other central and local government contracts related to employment and skills.

A recent report published by the Joseph Rowntree Foundation (JRF) draws on evidence from Canada, the USA, the Netherlands and Germany which shows that welfare-to-work devolution can be a catalyst for integrating and improving local employment and training services.

Employment and skills issues are at the top of the political agenda as we move towards the next general election.  Developing skills and improving productivity are at the core of sustainable growth.  Training providers can be at the centre of that debate and be the key driver to grow the programmes which will deliver improved skills for individuals and employers. 

More than a million unemployed people are falling through cracks in national work schemes that are failing to reach some of the most vulnerable jobseekers, councils have warned. Latest employment figures released in December show that the number of unemployed people not claiming Jobseeker's Allowance has passed one million for the first time.

This means many of the hardest-to-reach jobseekers, such as young people or those with complex needs, are not receiving any government help into work. The challenge is growing rapidly, with a 28 per cent increase in the proportion of unemployed people not claiming benefits in the last 18 months.

A new cross-party report exploring the causes of food poverty in the UK has found that coalition welfare changes, ‘heavy handed’ benefit sanctions and benefit delays are amongst the complex factors which have led to the rise in food bank usage over the last three years.

Human rights lawyers have sent a pre-action letter challenging the DWP to publish information detailing the eligibility criteria for its Access to Work scheme. The law firm Leigh Day describes the lack of available information surrounding the scheme as ‘inconsistent, unlawful and opaque’, reports Welfare Weekly.

The Disabled Living Foundation (DLF), a national charity providing impartial advice, information and training on independent living for over 40 years, has joined forces with Shaw Trust. The charities will merge at the end of November and DLF will retain its name, identity and staff.

The DWP consultation asking for views on whether Universal Credit information should be shared with social landlords, to enable them to help tenants, closes on 19th October 2014, 11:45pm

From the DWP release: