On Thursday, in the course of current trade, Shares of Wal-Mart Stores Inc. (NYSE:WMT), gained 0.46%, and is now trading at $76.25.
Wal-Mart Stores, declared the next step in its Veterans Welcome Home Commitment by guaranteeing a job offer to any eligible U.S. veteran honorably discharged from active duty since the commitment’s original launch on Memorial Day 2013. The previous commitment was for veterans within 12 months off active duty. In addition to the Veterans Welcome Home Commitment, Walmart is expanding its 2013 projection of hiring 100,000 veterans by 2018, increasing the projection to 250,000 veterans by the end of 2020.
Since Memorial Day 2013, Walmart has hired more than 92,000 veterans, and nearly 8,000 have already been promoted to jobs with higher pay and greater responsibility.
The Office of the Chairman of the Joint Chiefs of Staff estimates 250,000 service members may separate from the military per year over the next five years; the need for America’s leading businesses to contribute to their transition will only continue.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.
Shares of SeaDrill Limited (NYSE:SDRL), during its Thursday’s current trading session surged 6.72%, and is now trading at $13.66.
SafeGuard World International, a leading provider of global managed payroll, global employment outsourcing and international HR services, has declared a multi-year deal with Seadrill Limited (SDRL) to deliver its global payroll.
For many years Seadrill had run an in-house payroll system. However, following an internal change in personnel and their forecasted high-growth, an internal decision was made to review outsourcing options. Working in partnership with an independent consultant, Seadrill evaluated the market with the brief of sourcing a strong and flexible partner that had the proficiency to process a complicated Dubai expatriate payroll with over 2,400 employees.
Simon Coyle, HR Project Lead at Seadrill, commented, “Due to the retirement of key personnel within our in-house team, we needed to act quickly in not only sourcing, but also implementing a global payroll solution. After evaluating the market, SafeGuard World International was the only provider that could meet our aggressive timelines, complex payroll requirements and had the capacity to manage our long term growth strategies.”
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells. Its drilling contracts regarding semi-submersible rigs and drillships for harsh and benign environments in mid, deep, and ultra-deep waters.
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