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Guardsmark was a major provider of security services in North America, Puerto Rico and the United Kingdom. Founded in 1963, Guardsmark was the fourth largest security company and the only major provider privately held by one family. The family-run company employed more than 18,900 people with reported revenues of more than $510,000,000.00 in 2005. It claimed to be one of the largest employers of former FBI agents in the United States as well as one of the most selective employers in its industry.
The firm marketed itself as offering more rigorous screening of applicants, including in many states, the requirement that applicants submit to a polygraph examination and a drug screen for illicit and prescription drugs before hiring. The firm also sought to enhance the image of security officers (eschewing the alternative designation, "security guard"). Among Guardsmark's distinguishing characteristics were its adoption of a formal Code of Ethics in 1980, and the recognition of President Ira A. Lipman and the company for leadership in the field of business ethics, including receipt of the American Business Ethics Award in 1996. Guardsmark was sold to and absorbed by Universal Protection Service in 2015. [1]
Business is the practice of making one's living or making money by producing or buying and selling products. It is also "any activity or enterprise entered into for profit."
G4S is a British multinational private security company headquartered in London, England. The company was set up in July 2004 when London-based Securicor amalgamated with Danish firm Group 4 Falck. The company offers a range of services, including the supply of security personnel, monitoring equipment, response units and secure prisoner transportation. G4S also works with governments overseas to deliver security services.
Financial services are economic services provided by the finance industry, which together encompass a broad range of service sector firms that provide financial management, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises.
Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $4.3 trillion in assets under management, and, as of December 2022, their assets under administration amount to $10.3 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance.
Health insurance or medical insurance is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization, such as a government agency, private business, or not-for-profit entity.
A background check is a process a person or company uses to verify that an individual is who they claim to be, and this provides an opportunity to check and confirm the validity of someone's criminal record, education, employment history, and other activities from their past. The frequency, purpose, and legitimacy of background checks vary among countries, industries, and individuals. An employment background check typically takes place when someone applies for a job, but it can also happen at any time the employer deems necessary. A variety of methods are used to complete these checks including comprehensive database search and personal references.
Maximus Inc. is an American government services company, with global operations in countries including the United States, Australia, Canada, and the United Kingdom. The company contracts with government agencies to provide services to manage and administer government-sponsored programs. Maximus provides administration and other services for Medicaid, Medicare, health care reform, welfare-to-work, and student loan servicing among other government programs. The company is based in Tysons, Virginia, has 34,300 employees and a reported annual revenue of $3.46 billion in fiscal year 2020.
Allied Universal is an American private security and staffing company, based in Conshohocken, Pennsylvania and Irvine, California. Formed in 2016 by the merger of AlliedBarton and Universal Services of America, Allied Universal is the world's largest provider of security guards. It is also the third largest United States–based employer globally with 800,000 employees.
An L-1 visa is a visa document used to enter the United States for the purpose of work in L-1 status. It is a non-immigrant visa, and is valid for a relatively short amount of time, from three months to five years, based on a reciprocity schedule. With extensions, the maximum stay is seven years.
Falck A/S is a Danish organization with activities in most areas of Europe and representation on five continents. It has four business areas: healthcare, assistance, safety services and emergency assistance. The firm has 27,000 employees in 30 countries. The company's current CEO is Jakob Riis.
The economy of the Kansas City metropolitan area is anchored by Kansas City, Missouri, which is the largest city in the state and the 37th largest in the United States. The Kansas City metropolitan area is the 27th largest in the United States, based on the United States Census Bureau's 2004 population estimates. The metro's economy is large and influential to its region.
IQVIA, formerly Quintiles and IMS Health, Inc., is an American multinational company serving the combined industries of health information technology and clinical research. IQVIA is a provider of biopharmaceutical development and commercial outsourcing services, focused primarily on Phase I-IV clinical trials and associated laboratory and analytical services, including consulting services. It has a network of more than 88,000 employees in more than 100 countries and a market capitalization of $49 Billion as of August 2021. As of 2017, IQVIA was reported to be one of the world's largest contract research organizations.
In the United States, health insurance helps pay for medical expenses through privately purchased insurance, social insurance, or a social welfare program funded by the government. Synonyms for this usage include "health coverage", "health care coverage", and "health benefits". In a more technical sense, the term "health insurance" is used to describe any form of insurance providing protection against the costs of medical services. This usage includes both private insurance programs and social insurance programs such as Medicare, which pools resources and spreads the financial risk associated with major medical expenses across the entire population to protect everyone, as well as social welfare programs like Medicaid and the Children's Health Insurance Program, which both provide assistance to people who cannot afford health coverage.
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.
Privatization in criminal justice refers to a shift to private ownership and control of criminal justice services. The term is often used to refer simply to contracting out services, which takes place extensively in many countries today. For example, various prison services may be provided piecemeal by private vendors. Taken to its fullest extreme, however, privatization entails private-sector control over all the decisions regarding the use of resources devoted to the protection of persons and property.
Verisk Analytics, Inc. is an American multinational data analytics and risk assessment firm based in Jersey City, New Jersey, with customers in insurance, natural resources, financial services, government, and risk management sectors. The company uses proprietary data sets and industry expertise to provide predictive analytics and decision support consultations in areas including fraud prevention, actuarial science, insurance coverage, fire protection, catastrophe and weather risk, and data management.
The Wage and Hour Division (WHD) of the United States Department of Labor is the federal office responsible for enforcing federal labor laws. The Division was formed with the enactment of the Fair Labor Standards Act of 1938. The Wage and Hour mission is to promote and achieve compliance with labor standards to protect and enhance the welfare of the Nation's workforce. WHD protects over 144 million workers in more than 9.8 million establishments throughout the United States and its territories. The Wage and Hour Division enforces over 13 laws, most notably the Fair Labor Standards Act and the Family Medical Leave Act. In FY18, WHD recovered $304,000,000 in back wages for over 240,000 workers and followed up FY19, with a record-breaking $322,000,000 for over 300,000 workers.
T&M USA is an American private security, intelligence and investigations company headquartered in New York City, New York.
Universal Protection Service was a private security company in the United States. It was part of Santa Ana, California-based Universal Services of America, which merged in 2016 with fellow security service provider AlliedBarton to form Allied Universal.
Ira Ackerman Lipman was an American businessman and philanthropist. He was the founder and chairman of Guardsmark, a privately owned security company with a payroll of 17,000 employees and 130 offices in the United States, Puerto Rico, the United Kingdom and France. In 2015, he sold Guardsmark to Universal Protection Service, the largest private security company in the United States, and he served as its vice chairman until its 2016 merger with AlliedBarton. He was called "a pioneer in the private security guard business". His work was cited by the United States Department of Justice's Law Enforcement Assistance Administration and the United States House Judiciary Subcommittee on Crime, Terrorism, Homeland Security and Investigations. He supported the arts in Memphis, Tennessee and Judeo-Christian interfaith dialogue in the United States.