SIA_SampleAd

Global Daily News

  • AMN revenue up 21% in Q4

    Revenue rose 21% in the fourth quarter at AMN Healthcare Services Inc. (NYSE: AMN). On an organic basis, revenue rose 10% in the quarter. The San Diego, Calif.-based firm ranks as the largest US healthcare staffing provider. (US$ thousands) Q4 2016 Q4 2015 % change Revenue $487,858 $402,552 21.2% Gross profit $158,606 $131,804 20.3% Gross margin percentage 32.5% 32.7%   Net income $26,351 $20,165 30.7% Quote“In addition to our strong financial performance, we made great strides in advancing our long-term strategy,” said Susan Salka, president and CEO of AMN. “We completed the integrations of B.E. Smith, HealthSource Global and Peak Health Solutions, allowing AMN to become an even more comprehensive, value-added workforce partner to our clients.” Revenue by segment (US$ thousands) Q4 2016 Q4 2015 % change Nurse and allied solutions $307,898 $263,019 17.1% Locum tenens solutions $103,822 $99,256 4.6% Other workforce solutions $76,138 $40,277 89.0% Revenue growth in its other workforce solutions segment was bolstered by acquisitions and growth in vendor management solutions, interim nurse leadership and workforce optimization businesses. However, fourth-quarter gross margin in the other workforce solutions segment narrowed to 55.7% from 73.6% in the same period last year.Revenue in the nurse and allied segment rose 17% with organic growth of 12%. AMN reported the division had strong growth that was also bolstered by higher-than-expected labor disruption revenue. Gross margin rose to 27.3% in the company’s nurse and allied solutions segment from 27.1% in the year-ago quarter. The average number of healthcare professionals on assignment in the nurse and allied segment rose to 8,764 in the fourth quarter from 8,032 a year ago.Locum tenens gross margin narrowed to 30.8% in the fourth quarter from 31.2%. Full-year results (US$ thousands) 2016 2015 % change Revenue $1,902,225 $1,463,065 30.0% Gross profit $619,724 $469,363 32.0% Gross margin percentage 32.6% 32.1%   Net income $105,838 $81,891 29.2% GuidanceAMN forecast first-quarter revenue of between $489 million and $495 million, a year-over-year increase of between 4.5% and 5.8%. Share price and market capShares in AMN edged up 0.32% in early afternoon trading today to $39.47. The company had a market cap of $1.9 billion, according to Yahoo. […]

  • BG Staffing previews earnings, revenue up 17% in 2016

    BG Staffing Inc. (NYSE MKT: BGSF) expects to report full-year 2016 revenue increased 16.7% from 2015 to $253.9 million, the company announced in an earnings preview today.The Plano, Texas-based staffing firm expects income to be up 28.7% year over year to $6.9 million when it files audited year-end financial results on March 6.“I am pleased to report these record results and am very proud of the outstanding work our teams did in order to achieve them,” said CEO L. Allen Baker Jr.BG Staffing provides staffing in three segments: professional, commercial and multifamily (front-office and maintenance personnel to the multi-family housing industry). The company acquired the Donovan & Watkins (D&W) division of the Willis Group in the first quarter of 2015 and substantially all of the assets of the Vision Technology Services family of companies in the fourth quarter of 2015. […]

  • US leading index rises, points to continued growth

    The Conference Board’s US Leading Economic Index rose in January, suggesting continued economic growth in first half of 2017. The index rose 0.6% in January to a reading of 125.5 (2010 = 100), following increases of 0.5% increase in December and 0.2% in November.“The US Leading Economic Index increased sharply again in January, pointing to a positive economic outlook in the first half of this year,” said Ataman Ozyildirim, director of business cycles and growth research at The Conference Board. “The January gain was broad based among the leading indicators. If this trend continues, the US economy may even accelerate in the near term.&rdquo […]

  • Communication and diplomacy are skills most lacking in managers, survey finds

    Communication and diplomacy rank as the skills most lacking by those in leadership positions, according to a survey of employees released by Robert Half Management Resources, a division of Robert Half International Inc. (NYSE: RHI).Nearly one in three workers, 30%, reported communication and diplomacy are where their managers most need improvement, followed by greater technical expertise and leadership skills respectively.Workers were asked, “Which skill do you think your manager needs to improve most?” Their responses: Communication/diplomacy: 30% Technical expertise: 18% Leadership: 17% Strategic thinking: 14% Project management: 8% Other: 14% “At the managerial and executive levels, possessing technical skills is frequently less important than being a good leader and communicator,” said Tim Hird, executive director of Robert Half Management Resources. “The greatest ideas go nowhere if a manager cannot express them effectively, gain consensus and build the work relationships necessary to execute them.”Robert Half Management Resources highlights five ways managers can assess and improve their communication skills: Request 360-degree feedback. Opinions from your manager, peers and employees are invaluable. Ask them about your strengths and weaknesses, their communication preferences, and how you can make it easier for them to come to you with questions or concerns. Not everyone will feel comfortable giving candid feedback, so consider gathering input anonymously. Find a role model. Think of a manager you admire who enjoys great rapport with his or her staff. What makes this person stand out? Observe how he or she interacts with others. Define your comfort zone – and go outside of it. If you struggle handling difficult conversations, ask a mentor or trusted colleague for pointers. If giving presentations is not your strong suit, take a public speaking class or join a group like Toastmasters. Practice active listening. In conversations, focus on what others are saying instead of formulating your next thought. Pause an extra second before jumping in to make sure you don't interrupt others. Be yourself. Don't try so hard to be a manager that you stop being an individual. Be honest and relatable, and show vulnerability from time to time. To err is human – your team wants to know that you are not perfect and don't expect them to be either. The survey was developed by Robert Half Management Resources and conducted by an independent research firm. It includes responses from more than 1,000 adult US workers employed in office environments. […]

  • Sweden – Netjobs Q4 revenue up 10%

    Swedish job board NetJobs (NJOB: STO) reported revenue of SEK 12.1 million (€1.2 million) for the fourth quarter ending 31 December 2016, up 6% from SEK 11.4 million (€1.2 million) achieved during the same period last year. (SEK millions) Q4 2016 Q4 2015 Change Q4 2016 EUR Revenue 12.1 11.4 6% 1.2 Operating Profit 0.7 1.2 -43% 0.07 Profit After Tax 0.3 0.8 59% 0.03 On an annual basis, the company achieved revenue growth of 1.5% to SEK 41.4 million (€ million), up from SEK 40.8 million (€3.8 million) a year ago.  (SEK millions) FY 2016 FY 2015 Change FY 2016 EUR (millions) Revenue 41.4 40.8 1.5% 4.3 Operating Profit 0.0 3.5 N/A 0 Profit After Tax 0.0 2.6 N/A 0 During the fourth quarter of 2016, NetJobs acquired NetJobs acquired an 18.6% stake in Onrec AB and now owns 100% of the shares and votes.“Operations in Germany decreased by 10% compared to the same period last year,” NetJobs CEO Johan Hultgren, said. “It is disappointing that we are decreasing in Germany. In the Swedish market, we increased by 18% against the same period. Besides a clear focus on growth forward, we must ensure profitable growth.”“Efforts to launch our new platform continues,” Hultgren said. “I will return with the launch and branding strategy during the year. This is something that we look forward with excitement and that will mean an incredible boost to our customers and users. Furthermore, it will make us more flexible to implement new products that will strengthen our offering and long-term work with our customers. “During the year we continued to build value in Techjobs.com in the form of organic traffic,” Hultgren said. “During 2017 we will continue working to increase the proportion of recurring revenues and broaden our offering and strengthen our customer relationships. Efforts to get closer to the customer and to offer better solutions has begun and there I will return to later.“To be able to step forward, we have started a project which aims to clarify our mission, goals and strategy. An extremely important work that will support these, give direction and be an important part of reaching our goals,” Hultgren said. “We will work towards our long-term financial targets are to increase earnings per share by at least 20% per annum and to reach an operating margin of 35%As of last trade, NetJobs Group AB traded at SEK 1.39 (EUR 0.15), down 0.71% on the day and 14.88% above the 52 week low of SEK 1.21 (EUR 0.13) set on 28 June 2016. Based on its current share price the company has a market value of SEK 29.05 million (EUR 3.0 million). […]

  • Netherlands – YoungCapital records record turnover in 2016

    Dutch Recruitment agency YoungCapital, which specialises in the recruitment of young talent,  achieved a record turnover of €203 million in 2016, an increase of 60% compared to the previous year."We helped 29% more young people into employment than last year," Ineke Kooistra, CEO of YoungCapital, said. "After years of high unemployment rates amongst this group, we are now seeing a positive trend. There is a huge increase in demand for young talent. Companies appreciate the added value digital natives provide, because they serve as a catalyst for innovation."According to Kooistra, YoungCapital's record turnover was only possible thanks to a robust policy on internal development, coupled with a start-up mentality."Many companies are unwilling to invest in new people when opportunities arise but are not yet paying off,” Kooistra said. “At YoungCapital, we do just that. This is, and will always be, an entrepreneurial company in heart and soul."The company is aiming for a turnover of €295 million in 2017, a 45% increase compared to 2016. The increase is expected to come from further international growth in Germany, amongst others."We have been active online in Germany with our StudentJob International job board. As soon as the opportunity arose, we commenced staffing and sourcing. We now have offices in Cologne and Berlin," Kooistra said. "Our StudentJob International job boards are doing well in Belgium, the United Kingdom, Spain, France, Austria and Sweden. We want to expand recruitment operations there too."YoungCapital has branches in the Netherlands and Germany and is active online in eight European countries under the name StudentJob International. With a database of more than 4.5 million young professionals, YoungCapital boasts the largest online network of talent in Europe. […]

  • Switzerland – Number of temporary workers declines in January

    The number of temporary workers in Switzerland fell by 5.1% in January year-on-year, according to the latest figures from Swiss Staffing, the Swiss Federation of Staffing Companies.Swiss Staffing states that traditionally, January is the weakest month of the year for the temporary work branch. Furthermore, Swiss Staffing says that It is possible that heavy snowfall and persistent cold may be the cause of this decline. An analysis of the last twelve months reveals a less pronounced decline. According to the swisstemptrend, commercial activity decreased by 0.2% during this period. […]

  • Global – SIA names best staffing firms to work for and temp for

    Staffing Industry Analysts announced the winners of the “2017 Best Staffing Firms to Work For” competition on Wednesday during the Staffing Industry Executive Forum North America in San Diego, Calif. The competition was sponsored by Monster.For the UK, the grand prize winners were Understanding Recruitment in the  10 to 50 internal employees category and ConSol Partners with more than 50 employees.The Best Staffing Firms to Work For North America winners are categorized by number of internal employees into five size groups, with grand prize winners in each group.This year’s grand prize winners are: Lighthouse Management Group — 10 to 20 internal employees The Goal — 21 to 50 internal employees ALKU — 51 to 200 internal employees Aya Healthcare — 201 to 500 internal employees CHG Healthcare — 501-plus internal employees In addition, there is a category for Best Staffing Firm to Temp For, and the top winners is Akraya.Accoring to Barry Asin, President of Staffing Industry Analysts: “Our research suggests a high correlation between the satisfaction of internal employees and the satisfaction of a firm’s temporary workers you place with your clients. And there’s no better way to drive client satisfaction than with high-performing temporary workers.”“Congratulations to all the Best Staffing firms to Work For; their accomplishments in creating an engaged workforce are helping drive success for their businesses and the industry,” Asin said. […]

  • Japan – PA Co reports revenue up 10%

    Japanese temporary staffing firm PA Co (4766: JP) reported revenue for the nine months ending 30 September 2016 of JPY 2.3 billion (USD 20.0 million), an increase of 10.0% compared with JPY 2.0 billion (USD 18.2 million) during the same period last year. (JPY millions) FY 2016 FY 2015 Change FY 2016 USD (millions) Revenue 2,265 2,060 10.0% 20.0 million Operating Income 32 95 -65.5% 0.2 million Net Income 27 112 -75/9% 0.2 million PA Co operates two business segments; Information Services and Temporary Staffing Services. The Information Services segment publishes free job information magazines and sales promotion information publications; offers sales promotion tools through mobiles, and operates recruitment websites for full-time employers focusing on mobile sites.The company also forecasted revenue for the year ending December 2017 of JPY 2.5 billion (22.1 million).On Friday, PA Co Ltd closed at JPY 171.00 (USD 1.51), up 2.4% on the day and 18.57% below its 52-week high of JPY 210.00 (USD 1.86) , set on 27 September 2016. Based on its current share price the company has a market value of JPY 1.88 billion (USD 16.6 million). […]

  • Australia – SEEK forms consortium for potential Zhaopin privatization

    SEEK, the Australian job board, has formed a consortium with private equity firms Hillhouse Capital Group and FountainVest Partners ("Consortium"), for the purpose of a potential privatisation of Chinese career platform Zhaopin.The Consortium is in advanced discussions with a special committee of the Board of Zhaopin in relation to the potential transaction for a purchase price of USD 18 per American Depositary Share ("ADS").Furthermore, the Consortium intends to fund part of the consideration for the potential transaction through available cash in Zhaopin, which may be in the form of a cash dividend from Zhaopin to holders of shares (with a corresponding reduction in the per ADS purchase price).If the proposed transaction is completed, it is expected that SEEK will retain a similar controlling equity interest in the privatised company. […]

  • Vietnam – Recruitment activity to increase in 2017

    Vietnamese professionals are expected to have more job opportunities across various industries due to favorable market conditions in 2017, according to data from international recruitment firm Robert Walters.The data shows that qualified candidates moving jobs in 2017 can expect average salary increments of 10-25%. Employers will also be focusing on hiring returning Vietnamese talent with overseas work experience, commercial mindsets, and familiarity with the local working culture.“Vietnam’s reputation as an emerging economy has attracted overseas companies and encouraged the development of startup companies in the country,” Gerrit Bouckaert, Country Manager of Robert Walters Thailand & Vietnam, said. “This will drive recruitment activity and professionals will have access to a wider pool of job opportunities. Employers should consider retaining high performers by offering clear career development paths and conduct annual reviews of remuneration and employee benefit packages.”Meanwhile, growth in electronics manufacturing and building and construction will drive demand for mid-to senior-level engineers in the semiconductor, high-tech electronics, and factory automation sectors, as well as the automotive and chemical industries. The IT sector is also expected to grow along with accounting and finance.&nbs […]

  • China – Didi Chuxing launches international division (South China Morning Post)

    Chinese ride-sharing company Didi Chuxing has restructured its business to include an international business unit as it plans to expand further overseas in 2017, reports the South China Morning Post. The company stated that its expansion will also allow it to explore “new models for internationalisation”. The move follows Didi’s investment in Brazilian ride-sharing firm 99 last month and its acquisition of Uber China last year. Didi has stated that it aspires to be a global company. […]

Latest Research

  • Most Attractive Markets 2017

    We have developed our own methodology for evaluating the potential of each staffing market. This provides a basic structure for understanding different strengths and weaknesses and a template for comparing a wide range of very different markets. Staffing markets have been ranked according to 10 different components.The Market Attractiveness Assessment Tool (MAAT) provides readers of the Most Attractive Staffing Markets report the benefit of making the analysis directly relevant for their own purposes. Built in Excel, the MAAT allows users to conduct their own assessment based on the indicators that they perceive as more relevant to their business case and risk tolerance. To download a copy of the report, click below: Most Attractive Staffing Markets 20170209 - You do not have permission to view this object. To download a copy of the excel based MAAT, click below: Market Attractiveness Assessment Tool 20170209 - You do not have permission to view this object. […]

  • SI Report Webinar - February 2017

    This monthly Staffing Industry Report webinar gives the latest updates on the economy, mergers & acquisitions in the staffing industry, and recent reports from the staffing buyer survey.The one-hour webinar is the most efficient way to stay on top of current trends in the industry. Earn 1 credit per webinar attendance towards CCWP continuing education.Download the presentation slides. Select the play button to begin viewing.Double click the 4 arrows to view full screen&nbs […]

  • Workforce Solutions Buyers Survey - Recruitment Process Outsourcing

    Key Findings 39% of the companies that responded to our survey indicated that they use recruitment process outsourcing (RPO), an indication of the significant use of this service. A definition of RPO is provided on page seven. Although our definition does not consider “bulk direct hire” to qualify as RPO, we note that some survey respondents may be reporting their use of “bulk direct hire” as RPO. 6% of survey respondents indicated that they held responsibility for RPO in their organization, and another 20% of respondents reported having some knowledge/influence over RPO. Adding these groups together, we see that two-thirds (26% divided by 39%) of contingent workforce managers at firms using RPO reported having at least some knowledge/influence over RPO operations at their firm. A majority (55%) of companies using RPO indicated that they use RPO for 10% or less of their total permanent hires, while another 14% of companies use RPO for 11-20% of their hires. On the other end of the spectrum, 26% of companies use RPO for a majority of their permanent hiring. A large majority (77%) of the companies that use RPO indicated that the switch to RPO brought about a decrease in time-to-fill for permanent hiring. Among these firms, the most common selection was a 1-10% decrease in time-to-fill. Improving recruitment efficiency was the most cited primary reason for implementing RPO, selected by roughly two-thirds of companies (67%). Reducing costs (56%) and making hiring more scalable (53%) were the second- and third-most commonly identified reasons. To download the full report, please select the link below:  WS Buyers Survey 2016 - NA - Recruitment process outsourcing 20170203 - You do not have permission to view this object. […]

  • February US Jobs Report

    Event: On a seasonally adjusted basis, total nonfarm employment increased by 227,000 and the unemployment rate rose slightly by 6 basis points to 4.78% in January, according to the U.S. Bureau of Labor Statistics (BLS) in its monthly jobs report. Temporary help services employment increased by 0.50% in January, adding 14,800 jobs. The temporary penetration rate rose one basis point, to 2.05%, matching the all-time high of 2.05% (newly revised from 2.06%) previously reached in December 2015 and November 2016.Background and Analysis: On a year-over-year (y/y) basis (January 2016 over January 2015), total nonfarm employment was up 1.6%, and monthly job gains have averaged approximately 195,000 over the past 12 months. Temporary help employment was up 3.3% y/y, with monthly job gains averaging approximately 7,800 over the past 12 months. The economic sectors that most drove total nonfarm employment growth in January included retail trade (+45,900), construction (+36,000) and leisure & hospitality (+34,000) Declines for the month were seen in government (-10,000), education (-8,800), and transportation & warehousing (-4,000)..BLS Revisions: The change in total nonfarm payroll employment for November was revised from +204,000 to +164,000, and the change for December was revised from +156,000 to +157,000. With these revisions, total nonfarm employment gains during the two-month period were 39,000 lower than previously reported.The change in temporary help services employment for November was revised from +23,800 to +25,500, and the change for December was revised from -15,500 to -12,800. With these revisions, temporary help employment growth was 4,400 greater than previously reported.  Note that the BLS also implemented its annual benchmark revisions this month, resulting in adjustments that may impact data going back to January 2012.  Staffing Industry Analysts’ Perspective: The first month of 2017 was a strong one for employment, with total nonfarm job additions of +227K coming in well ahead of the median forecast of economists surveyed by Bloomberg of +180K. The slight rise in the unemployment rate was due to a 20 basis point sequential increase in labor force participation, to 62.9%.There was a notable shift in the sectors that were most responsible for driving overall jobs growth in this report, as retail trade and construction had their largest gains since February and March of 2016, respectively, coming in stronger than healthcare & social assistance (+32.1K) and professional services (excluding temporary help, +24,200) which have led employment growth throughout this economic growth cycle. In percentage terms, however, natural resources & mining had the highest rate of growth in the month of January, at 0.6%. This was the third straight month of gains for the beleaguered sector, reversing a downtrend that had been in place for more than two years.Temporary help had a solid month, recovering from the contraction in December. This was the one-year anniversary of the worst monthly decline for the industry since the Great Recession, when 43,200 temporary jobs were lost in January 2016. That easy prior-year comparison enabled the industry’s y/y growth rate to jump to 3.3% in January from 1.2% the preceding month. As a consequence of the BLS annual benchmark revisions, the prior all-time peak for the temporary penetration rate of 2.06% was notched down one basis point, to 2.05%, matched in this month’s report. If the temporary employment growth demonstrated in this month’s jobs report can be sustained through several months, the penetration rate should reach new heights.Corporate Member subscribers may download employment figures in greater detail from a link that will appear below:   Monthly Employment Situation February 2017 - You do not have permission to view this object. […]

  • Most Attractive 2017

    We have developed our own methodology for evaluating the potential of each staffing market. This provides a basic structure for understanding different strengths and weaknesses and a template for comparing a wide range of very different markets. Staffing markets have been ranked according to 10 different components.The Market Attractiveness Assessment Tool (MAAT) provides readers of the Most Attractive Staffing Markets report the benefit of making the analysis directly relevant for their own purposes. Built in Excel, the MAAT allows users to conduct their own assessment based on the indicators that they perceive as more relevant to their business case and risk tolerance. To download a copy of the report, click below: Most Attractive Staffing Markets 20170209 - You do not have permission to view this object.  To download a copy of the excel based MAAT, click below: Market Attractiveness Assessment Tool 20170209 - You do not have permission to view this object. […]

  • Quarterly employment situations in Europe Q3 2016

    The current report shows the quarterly trends in total and temporary employment as well as agency hours worked and sales turnover from 2014.On a y/y basis, total employment grew in most countries, while temporary employment grew only in the following countries: Austria, Croatia, Denmark, Estonia, Finland, Germany, Macedonia, Netherlands, Norway, Portugal, Romania and Spain.Agency work hours worked increased on a year-over-year basis in Austria, Belgium, Denmark, France, Italy, Netherlands and Switzerland. Agency work revenue turnover increased on a year-over-year basis in Belgium, Denmark, Finland, France, Italy, Netherlands, Norway, Poland and Sweden.Correlations of employment trends with economic and agency work indicators are also presented in this report. The following metrics are visually displayed using graphs for each country. Total employment Y/Y Change in total employment Part time workers as percentage of total employment Employment rate Unemployment-to-employment transition Temporary employees - Persons with job/work contract of limited duration. Temporary employees as a percentage of total employees Temporary employees by length of contracts, by education, by economic activity and by occupation. Hours worked by agency workers Sales turnover from agency work For more details, please download the tool: Quarterly_Europe_Employment_Report_2016Q3_20170208 - You do not have permission to view this object. […]

  • Buyer Survey 2016 EU: Hard to fill

    Key Findings We asked buyers from companies with more than 1,000 employees, “What specific skills are you having the greatest challenge recruiting?” Respondents provided open-ended responses. Among respondents noting IT as their largest occupational segment, data science and information security were commonly cited as skills difficult to recruit. Light industrial/manual labor was commonly cited among firms noting industrial as their primary segment. The difficulty in recruiting people with skills in data science or information security likely reflects a skill misalignment in the education of our overall workforce. The difficulty in recruiting light industrial workers and manual laborers likely reflects more than anything a need for buyers to simply adjust their pay to the market price. We did not categorize responses by whether or not they noted “niche” or “specialized,” as they are not specific skills. Such terms, however, were frequently cited as part of skills that are difficult to recruit. Click the link below to download the full report  Workforce Solutions Buyers Survey 2016 - Global - Difficult to fill 20170131 - You do not have permission to view this object. […]

  • Temp-to-perm conversion rates

    We asked large contingent workforce buyers (1,000+ internal FTEs): “Thinking back over the last year, what percent of agency temporary workers were converted to permanent workers, either during their assignment or right after the end of their assignment?” Three-quarters of respondents with European contingent workforce programs convert ten percent or less of their agency temporary workers to permanent workers, and more than 90% of firms reported conversion rates of 30% or less. Two firms (2% of total) converted a majority of their agency temporary workers to permanent positions. Another five firms (5% of total) did not convert any agency temporary workers to permanent workers. There was a similar distribution of conversion rates when segmented by company size, industry and skill set, with some variation noticeable at the 75th percentile. The full report is available here:  Workforce Solutions Buyers Survey Temp to perm conversion rates Europe 20170130 - You do not have permission to view this object. […]

  • Most Attractive 2017

    We have developed our own methodology for evaluating the potential of each staffing market. This provides a basic structure for understanding different strengths and weaknesses and a template for comparing a wide range of very different markets. Staffing markets have been ranked according to 10 different components.The Market Attractiveness Assessment Tool (MAAT) provides readers of the Most Attractive Staffing Markets report the benefit of making the analysis directly relevant for their own purposes. Built in Excel, the MAAT allows users to conduct their own assessment based on the indicators that they perceive as more relevant to their business case and risk tolerance. To download a copy of the report, click below: Most Attractive Staffing Markets 20170209 - You do not have permission to view this object.  To download a copy of the excel based MAAT, click below: Market Attractiveness Assessment Tool 20170209 - You do not have permission to view this object. […]

  • Buyer Survey AP 2016: Hard to fill

    Key Findings We asked buyers from companies with more than 1,000 employees, “What specific skills are you having the greatest challenge recruiting?” Respondents provided open-ended responses. Among respondents noting IT as their largest occupational segment, data science and information security were commonly cited as skills difficult to recruit. Light industrial/manual labor was commonly cited among firms noting industrial as their primary segment. The difficulty in recruiting people with skills in data science or information security likely reflects a skill misalignment in the education of our overall workforce. The difficulty in recruiting light industrial workers and manual laborers likely reflects more than anything a need for buyers to simply adjust their pay to the market price. We did not categorize responses by whether or not they noted “niche” or “specialized,” as they are not specific skills. Such terms, however, were frequently cited as part of skills that are difficult to recruit. Click the link below to download the full report Workforce Solutions Buyers Survey 2016 - Global - Difficult to fill 20170131 - You do not have permission to view this object. […]

  • 2017 Legal Calendar Middle East

    This report highlights the legal changes and developments expected to impact the workforce environment in the Middle East & Africa in 2017: South Africa’s Protection of Personal Information Act No 4 of 2013  is expected to come into force in 2017 UAE is set to introduce VAT on goods and services To download the full report, click below:  2017_LegalCalendar_MiddleEastAfrica_013117 - You do not have permission to view this object. […]

  • Temp-to-perm conversion rates

    We asked large contingent workforce buyers (1,000+ internal FTEs): “Thinking back over the last year, what percent of agency temporary workers were converted to permanent workers, either during their assignment or right after the end of their assignment?” Roughly two-thirds of respondents with programs covering Asia Pacific convert ten percent or less of their temporary agency workers to permanent workers, and 90% of firms reported conversion rates of 30% or less. Two firms (approximately 3% of total) converted a majority of their agency temporary workers to permanent positions. Another two firms (approximately 3% of total) did not convert any agency temporary workers to permanent workers. Generally, there was similarity in the distribution of conversion rates when segmented by company size, industry and skill set.  The full report is available here.  Workforce Solutions Buyers Survey Temp to Perm Conversion Rates Asia Pacific 20170130 - You do not have permission to view this object. […]