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TAMARAC, Fla., Jan. 27, 2021 /PRNewswire/ — PuroClean, a leading restoration and remediation franchise, today announced it has earned the 102nd spot on Entrepreneur magazine’s 2021 Franchise 500^®. Recognized for its exceptional growth, leadership, and culture in the restoration franchise industry, PuroClean ranked second in the restoration service franchise category. PuroClean has risen nearly 20 places in one year and has risen more than 150 spots since 2018.

«It’s an incredible honor to be acknowledged year after year in one of the most competitive rankings within the franchising industry, especially as our network comes together in support of those impacted most by the COVID-19 pandemic,» said Mark W. Davis, CEO and Chairman of PuroClean. «Despite the unprecedented challenges we all faced during 2020, PuroClean was able to reach record-breaking heights, and we look forward to continuing this track record in the years ahead.» 

One of the fastest-growing restoration franchises in the United States, PuroClean enables its franchise owners to capitalize on diverse revenue opportunities and offers a pathway to success in the multimillion-dollar property damage restoration industry. Beyond its ranking on the Franchise 500^®, PuroClean has earned countless other accolades for its innovations in franchising, including recognition for its PuroVet program, which helps military veterans realize their dream of business ownership.

«This year’s Franchise 500 ranking speaks to the true testament of The PuroClean Way, answering the call of those in need, as our franchise owners aid and protect home and business owners, guided by our world-class support team each and every day,» said Steve White, President and COO of PuroClean. «Together, as one team, we will continue moving forward to build upon the success of our franchise network, servicing our local communities with relentless customer service.»

The Franchise 500^® is recognized as the world’s first and most comprehensive franchise ranking. PuroClean was evaluated against key factors such as costs and fees, size and growth, support, brand strength, financial strength, and stability. Each prospective franchise is awarded a cumulative score based on an analysis of more than 150 data points, and Entrepreneur ranks the 500 franchises with the highest cumulative scores each year in the Franchise 500^®.

Over its 42 years in existence, the Franchise 500^® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. PuroClean’s position on the ranking is a testament to its strength as a franchise opportunity.

To view PuroClean in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur. For more information on the PuroClean franchise system, contact 800-351-2282 or visit www.PuroCleanFranchise.com.

About PuroClean
PuroClean provides water damage remediation, flood water removal, fire and smoke damage remediation, mold removal, and biohazard cleanup to commercial and residential customers. Founded in 2001, PuroClean has a comprehensive network of more than 300 franchise offices across North America. PuroClean technicians are thoroughly screened, insured, and trained in utilizing the latest in mitigation technology and procedures, while operating under a strict code of ethics. Each PuroClean office is independently owned and operated. For more information about PuroClean, contact 800-775-7876 or visit www.puroclean.com; for franchise information, visit www.purocleanfranchise.com.   

Media Contacts:
Hemsworth Communications
Rachel Tabacnic / Julie Hong
954-716-7614 or PuroCleanPR@HemsworthCommunications.com

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SOURCE PuroClean

BURLINGTON, Mass. and PLANO, Texas, Jan. 27, 2021 /PRNewswire/ — Keurig Dr Pepper (NASDAQ: KDP) announced today that it has become a signatory in two regional initiatives of the Ellen MacArthur Foundation’s global Plastics Pact network – the U.S. Plastic Pact and the Canada Plastics Pact.  Both Pacts bring together key players from across the local plastic value chain behind a common vision and clear, actionable targets to create a path forward toward a circular economy for plastics. In addition, the Company also recently joined Ocean Conservancy’s Trash Free Seas Alliance®, which brings together thought leaders from the private sector, conservation and academia actively working toward solutions that will mitigate plastic waste entering the ocean.

«At Keurig Dr Pepper, we are committed to driving real impact and circular solutions,» said Monique Oxender, Chief Sustainability Officer at Keurig Dr Pepper. «We recognize that achieving a truly circular economy for plastics requires significant systematic change, and we are eager to join these groups of diverse leaders from across sectors to ensure that plastics never become waste or pollution.»

As an Activator of the U.S. Plastics Pact and Canada Plastics Pact, Keurig Dr Pepper has agreed to collectively make efforts toward these four ambitious country-level goals espoused by the Pacts:

1. Define a list of packaging to be designated as problematic or unnecessary by 2021 and take measures to eliminate them by 2025.
2. By 2025, all plastic packaging is 100% reusable, recyclable, or compostable.
3. By 2025, undertake ambitious actions to effectively recycle or compost 50% of plastic packaging.
4. By 2025, the average recycled content or responsibly sourced bio-based content in plastic packaging will be 30%.

The U.S. Plastics Pact is a collaboration led by The Recycling Partnership, World Wildlife Fund (WWF), and Ellen MacArthur Foundation supporting upstream innovation and a coordinated national strategy to rethink the way plastic is designed, used and reused.  Announced today, the Canada Plastics Pact is committed to tackling plastic waste and pollution by bringing together businesses, government, non-governmental organizations and other key actors under the vision of creating a circular economy in Canada in which plastic waste is kept out of the environment.  

Founded in 2012 by leading U.S.-based environmental non-profit Ocean Conservancy, the Trash Free Seas Alliance is the oldest collaborative forum focused on innovative and pragmatic solutions to the ocean plastic pollution crisis. Trash Free Seas Alliance members are working toward demonstrably reducing the amount of plastic waste entering the ocean annually by 50% by 2025.

These memberships build upon Keurig Dr Pepper’s current sustainable packaging commitments and will aid in ensuring new levels of accountability and transparency when reporting annual progress against its goals. Under its Drink Well. Do Good. corporate responsibility program, the Company recently achieved one of its longstanding commitments to make all K-Cup® pods in the U.S. recyclable at the end of 2020, following achieving that important milestone in Canada at the end of 2018. The Company has committed to converting 100% of packaging to be recyclable or compostable by 2025, as well as to use 30% post-consumer recycled (PCR) content across its packaging portfolio by 2025.

About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 26,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company’s portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott’s®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers.  The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability.  For more information, visit, www.keurigdrpepper.com.

KDP Contacts
Tyson Seely (Investors)
T: 781-418-3352 | tyson.seely@kdrp.com

Steve Alexander (Investors)
T: 972-673-6769 | steve.alexander@kdrp.com

Katie Gilroy (Media)
T: 781-418-3345 | katie.gilroy@kdrp.com 

 

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SOURCE Keurig Dr Pepper

OVERLAND PARK, Kan., Jan. 27, 2021 /PRNewswire/ — As COVID-19 continues to impact every aspect of the healthcare and financial sectors, consumers around the country are confronting an uncertain economic climate while also addressing some familiar challenges—including the ever-increasing cost of prescription drugs. According to new data released today from Rx Savings Solutions, the market-leading tool for pharmacy transparency, 67% of consumers feel a lack of control over their prescription drug costs.

In a first-of-its-kind survey of 700 American consumers—all of whom use prescription drugs—Rx Savings Solutions examined the intersection of COVID-19 and prescription drug affordability and offers key insight into how people are making decisions on important healthcare matters. According to the survey, most respondents (74%) are still seeing their prescription drug costs rise—or remain at the same high levels. With that stat expected to trend upwards into 2021, 29% say they will use a price transparency tool, 24% will talk to their healthcare provider about lower-cost alternatives, and 22% say they will switch or continue to use home delivery services.

Serving more than 8 million members nationwide, Rx Savings Solutions’ clinical technology contains over 30,000 unique and dose-adjusted prescription drug suggestions, used to drive proven savings results for clients and their members, including 42 FORTUNE 500 leading companies. Using an online portal or mobile app, Rx Savings Solutions members can submit a new prescription request to their provider with one click. On average, members who switch to a lower-cost drug save $45 out of pocket, per fill.

Among other key findings, Rx Savings Solutions found that of all the ways people are changing their behavior in response to the pandemic, 46% switched to mail-order or 90-day fills due to COVID-19 and to reduce their prescription costs. One in four skipped doses or rationed their fills. Thirty-one percent experienced a medication that was out of stock at the pharmacy and 17% experienced a delay in their mail-order prescription delivery.

In 2020, Rx Savings Solutions analyzed 69 million member prescription claims, finding almost $2 billion in addressable prescription drug savings. Of that savings opportunity, about 22% is out-of-pocket opportunity for the consumer.  

«Last year was one like no other. But amid all the uncertainty, we found an opportunity to engage with consumers around the country and get their insight on some important topics that impact their health as well as their bottom lines,» said Michael Rea, a clinical pharmacist who founded and currently leads Rx Savings Solutions. «We can certainly empathize with the confusion and helplessness so many people feel when filling their prescriptions—it’s our goal to ease that pain. With our solution, members are in the driver’s seat when they’re shopping for medications.» 

When asked who should be responsible for lowering the cost of prescription drugs, survey respondents were largely split—41% to 40%—looking either to the government or pharmaceutical companies.

«One thing that remains consistent, even with the backdrop of a pandemic, is healthcare costs are still going up. It’s more clear now than ever—people want to know their options when managing their prescription drugs,» added Rea.

For a full copy of 2020 Consumer Insights, please visit: https://rxsavingssolutions.com/consumer-insights

About Rx Savings Solutions 
Founded by a former retail pharmacist, Rx Savings Solutions works on behalf of health plans and self-insured employers to help their members reduce out-of-pocket prescription costs and the plan’s pharmacy spend. The solution layers on top of an existing pharmacy benefit and analyzes individual claims to identify and present cost-saving alternatives to each member.

Whenever savings opportunities are found, members are proactively notified through preferred communication channels. They engage with the solution through a personal online portal, mobile app and live, concierge member support provided by certified pharmacy technicians. Rx Savings Solutions currently serves more than 8 million members nationwide. For more information, visit rxsavingssolutions.com or follow them on LinkedIn and Twitter.

Contact:
Cecile Fradkin
S&C Public Relations Inc.
646-941-9139 
media@rxsavingsllc.com

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SOURCE Rx Savings Solutions

ROSELAND, N.J., Jan. 27, 2021 /PRNewswire/ — Wages for U.S. workers grew 4.4 percent over the last year, increasing the average wage level by $1.27 to $30.19 an hour, while employment growth demonstrated a continued downward slide by -7.9 percent according to the ADP Research Institute® Workforce Vitality Report (WVR) released today. The average wage growth is higher than expected as a result of significant job losses among low wage earners, which increased the average. However, higher income groups experienced flat wage growth compared to lower income groups, as most of the job losses came from low wage jobs.

«The headline wage number masks the turbulence in the job market caused by COVID-19,» said Nela Richardson, chief economist, ADP. «When you look deeper at the data, it shows that the significant job losses we’ve seen in the lower income positions has inflated the overall average wage growth. For that reason, it looks like wages are growing at a healthy clip, when for the majority of workers, wages were either mostly flat or barely growing above inflation at year-end.»

«Additionally, even prior to the pandemic, wages by gender showed disparity among males and females, and that wage inequality widens as they progress in their careers, with males in the lead. For job holders who kept the same job through the 2020 pandemic, female workers made $8 less than male workers in December.»

Employment growth year-over-year continued a downward slide with -7.9 percent due to COVID-19. Leisure and hospitality was the hardest hit industry with a decline in employment growth by nearly 24 percent. Finance industry employment growth fared the best among all industries with a drop of 1 percent. Across industries, the overall wage growth slowed compared to the initial months of the pandemic.  Additionally, job-holders’ wage growth also slowed, likely due to wage freezes or job cuts as a result of the pandemic.

Table 1: Wage and Employment Growth by Industry – December 2020

Although wage growth was strong across all regions, the Northeast suffered the worst employment growth of -10.5 percent. Job holders did best in the West, experiencing a wage growth of 4.3 percent, while job entrants in the Northeast and Midwest fared the best with wage growth of 8.7 percent each. By firm size, workers at the largest firms (1,000+) had the highest wage growth rate at 5.2 percent, while small firms experienced the worst employment growth at -9.7 percent.

Table 2: Wage and Employment Growth by Region and Firm Size – December 2020

The difference in hourly wages between the lowest income groups making less than $20K annually and the income group making between $20K–$50K annually is $5.27. That difference in hourly wages increases to $10.37 between the next income group (i.e. those making between $20K–$50K annually and $50K–$75K annually). However, the highest income group ($75K+ annually) earns more than twice that of next lower group ($50K–$75K annually). While wage disparity widens as income levels increase, the higher income groups experienced flat wage growth in the past year compared to lower income groups, as most of the job losses came from low wage jobs. The remaining jobs in the low-income group consequently improved their average hourly wage in relation to last year, resulting in the elevated average wage growth.

Table 3: Wages by Income Group – December 2020

Job entrants earn similar wages by gender, with males earning $1.29 per hour more than women. However, the wage gap widens as they progress through their career. In fact, female holders and switchers earn about $7 less per hour than their male counterparts.

Table 4: Wages by Gender – December 2020

About the ADP Workforce Vitality Report
The ADP Workforce Vitality Report (WVR) was developed by the ADP Research Institute. It is an unprecedented, in-depth monthly analysis (published quarterly) of the vitality of the U.S. labor market based on actual data that identifies labor market trends and dynamics across multiple dimensions.  These dimensions include employment growth, job switching, wage growth and hours worked.  In addition to the macro data presented in the report, there are also segment-specific findings by industry, state, gender, age, experience, and pay level.  Established in October 2014, the report methodology was updated in April 2018 utilizing monthly data to include additional data points and deeper insights.  For more information about the report, please visit http://workforcereport.adp.com/. 

Type of Workforce

Holders: Workers who were employed by the same company for the past 12 months.  The wage growth is the rate of change in wages in that time period.

Switchers: Workers who changed employers between consecutive months.  The wage growth is calculated from the 12 month moving average of wage growth.

Entrants: First time workers who are less than 25 years old.  The wage growth is calculated from the 12- month moving average of wages.

To see detailed results from the ADP Workforce Vitality Report for December 2020, including data broken down by region, firm size, industry, gender, and age visit http://workforcereport.adp.com/.  The first quarter 2021 ADP Workforce Vitality Report will be released on Wednesday, April 28, 2021.

About the ADP Research Institute
The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.

About ADP (NASDAQ-ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll.  Informed by data and designed for people.  Learn more at ADP.com.

ADP, the ADP logo, Always Designing for People and ADP Research Institute are registered trademarks of ADP, Inc.   All other marks are the property of their respective owners. 

Copyright © 2021 ADP, Inc.

 

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SOURCE ADP, Inc.