Level the playing field (Staffing Industry Review)

Prospective buyers of your staffing business are likely to be experienced in acquiring staffing firms and may even be a competitor; however, this is likely your first sale. What should you do to help level the playing field? Paul Pincus, a partner with the law firm Ortoli Rosenstadt LLP, discusses preliminary...

Corporate Resource Services seeks Del Monte settlement (Bankrupt Company News)

Corporate Resource Services’ Chapter 11 trustee filed with the US Bankruptcy Court a motion for entry of an order approving a settlement agreement with Del Monte Fresh Production and Del Monte Fresh Produce, Bankrupt Company News reports. The trustee seeks authority to settle the largest — and perhaps...

Staffing 360 Solutions rejects buyout offer

Staffing 360 Solutions Inc. (NASD: STAF) rejected a proposal by Jackson Investment Group LLC to purchase all shares of Staffing 360 at $1.10 per share, the company announced in a statement Monday.

“We truly appreciate the support of Jackson Investment Group and the words of confidence in our management...

California board upholds staffing firm’s citations in carbon monoxide case

The California Occupational Safety and Health Appeals Board on Monday upheld citations issued to Barrett Business Services Inc. (NASD: BBSI), a provider of staffing and professional employer organization services. The citations stemmed from a carbon monoxide exposure event in 2011 that sent eight temporary...

Contract watch: DLH secures $6.5 million Navy contract

DLH Holdings Corp. (NASD: DLHC), a provider of healthcare and logistics staffing and solutions to the US government, secured a US Navy’s Clinical Preceptorship Program contract from the US Navy. The base contract with options has a total value to DLH of $6.5 million.

DLH Mission Services and Solutions,...

Consumer confidence hits highest level since 2000, upbeat jobs outlook

The Conference Board’s consumer confidence index jumped in March following an increase in February. The index rose to a reading of 125.6 (1985=100), up from 116.1 in February.

“Consumer confidence increased sharply in March to its highest level since December 2000 (index, 128.6),” said Lynn Franco,...

ACA replacement fails, what now for employers? (Mintz Levin)

The replacement bill for the Affordable Care Act did not make it through the US House of Representatives last Friday, meaning the ACA remains the law of the land. Penalties under the ACA for employers that do not provide qualifying healthcare remain intact. However, not all news for employer is bad,...

‘Scaremongering’ stories about jobs – Staffing quote of the week

“There’s a lot of scaremongering stories about jobs that will disappear in 2020,” Neil Kinson, chief of staff at Redwood Software, told TechCrunch. “But the reality is actually that there will be jobs in 2020 that my children will move into that we don’t even know exist today, as is paralleled...

Egon Zehnder revenue rises in 2016

Egon Zehnder International, a privately held executive search firm, reported revenue rose 2.8% in 2016 to 639.5 million Swiss francs (US$627.5 million); the increase was 3.6% when measured in constant currency.

The company stated its 2016 fiscal performance indicates sustained global growth, demonstrated...

Economists’ GDP projections edge up, gains expected in compensation, new jobs

Economists surveyed by the National Association for Business Economics raised slightly their growth projections for the US economy in 2017, the association announced today. The median forecast for 2017 real GDP growth edged up to 2.3% from 2.2% in the December survey, reflecting a more optimistic outlook...