New Content Gives HR Site A Fresh Face

July 11, 2001 (PLANSPONSOR.com) - Sporting enhanced content, an Internet site for human resource professionals made a fresh appearance this week.

CCH INCORPORATED, which is now contributing content to the site, and KnowledgePoint are marketing HRTools.com as a one-stop shop for a variety of employment-law resources, productivity tools, and HR-related news.

Offerings at HRTools.com are grouped into 13 new `’toolkits’, addressing areas such as Recruitment, Performance Management, Training & Development, Workplace Violence and Benefits.

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Each toolkit contains the forms, checklists and training resources needed to perform the desired HR function.

Additional new features on HRTools.com include:

  • more than 150 free eTools, forms and checklists
  • a new area in each toolkit called “HR Essentials” containing practical HR information and advice
  • hundreds of answers to common HR questions in a new database
  • CCH’s Shared Learning programs, which allow users to train employees and managers in sexual-harassment prevention and workplace-violence prevention
  • an enhanced keyword search and topic index
  • better site alignment.

One of the newest features at HRTools.com is the “Toolbox Wizard,’ which helps managers better find resources.

By answering a few questions about their HR needs and interests, the electronic feature creates a customized toolbox filled with eTools, free forms and checklists, and other resources.

HRTools was originally created by KnowledgePoint in 1999.

Fed Cuts Rates by 0.5%

November 6, 2001 (PLANSPONSOR.com) - As anticipated, the Federal Open Market Committee slashed its target for short-term interest rates by a further half a percentage point.

The cut lowers the fed funds rate, which influences borrowing costs throughout the economy, to 2.0%, its lowest level since the 1960s.

“Heightened uncertainty and concerns about a deterioration in business conditions are dampening economic activity,” the Federal Reserve said in a statement announcing the cut.

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The statement also noted that “although the necessary reallocation of resources to enhance security may restrain advances in productivity for some time,” the Fed remained positive about the long-term prospects for growth.

This is the tenth time this year that the FOMC has cut rates, and many analysts believe that this is the end of the easing cycle.

See also: The Fed’s News Release

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