Time Off Recordkeeping Program Announced

December 12, 2002 (PLANSPONSOR.com) - Managers searching for an easier way to keep track of their employees' hours may want to consider a new product from a Seekonk, Massachusetts company.

The product from iSarla, Inc. is an add-on Time Off Module to its iEmployee suite of online applications, which makes it easier to accurately track a worker’s holiday, vacation, and leave time, according to the company.

ISarla said the Time Off Module eliminates paying for time taken off, but not recorded, and reduces the potential for undermanned departments due to too many employees taking time off at once.

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The company said the new module eliminates multiple data entry by automatically integrating with timesheets and payroll modules producing timesheets, time off reports, and payroll.

Managers should no longer need “Leave Request” forms, as the time off process is handled online, according to the company. The managers can view submitted and/or approved requests for a given month at a glance with an integrated calendar function.

FTSE Announces Quarterly Housekeeping Changes

December 11, 2002 (PLANSPONSOR.com) - With its quarterly housecleaning now finished, the FTSE Group announced changes to several of its indices including the blue-chip FTSE 100.

The global index company said that FTSE 100 deletions would include:

  • Corus Group
  • Brambles Industries
  • Cable & Wireless.

The three will be replaced by:

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  • Liberty International
  • British Airways
  • Whitbread.

FTSE also announced changes to its mid-cap FTSE 250 index. Added were:

  • Lastminute.com
  • Wembley
  • Informa Group
  • Autonomy.

Dropped from the FTSE 250 index will be:

  • MyTravel Group
  • Fitness First
  • Amey
  • Cordiant Communications.

Also, FTSE has set the market capitalization threshold for entry into the FTSE SmallCap index at $27.39 million.   Deletions from the FTSE SmallCap index and therefore the FTSE All-Share index include Baltimore Technologies, Trafficmaster, and Medisys.  

Changes to the FTSE UK Index Series will be applied to the indexes at the close of business on Friday December 20, 2002, FTSE said.

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