NY officials overpaid for temps, Inspector General says

Two former New York State Division of Human Rights officials were blasted for hiring temporary workers at inflated rates in a report out this week by the New York State Inspector General’s office.

Former CFO Stephen Rolandi and former Deputy Commissioner Edward Watkins retained staffing firms Penda...

Private equity firm takes stake in inVentiv Health

InVentiv Health Inc., a provider of services and staffing to the biopharmaceutical industry, announced that private equity firm Advent International acquired a stake and is joining private equity firm Thomas H. Lee Partners as an equal equity owner.

The deal values inVentiv at $3.8 billion, and the transaction...

Uber $100 million settlement could be in jeopardy — Bloomberg

The $100 million settlement in the independent contractor misclassification case against Uber could be in jeopardy, Bloomberg reports. Uber and US District judge Edward Chen may be at an impasse over an earlier order by the judge to nullify arbitration agreements signed by drivers. The settlement covers...

Millennial workers prefer urban settings — Staffing quote of the week

“We are going through a change in our workforce, and we wanted to be where we could attract millennials,” The Washington Post quotes Mark Vergnano, chief executive of Chemours, a spinoff from DuPont. “This is a group that likes to be in an urban setting, with access to public transportation. They...

Pulse staffing revenue data flat in June

US temporary staffing revenue was flat year over year in June, according to data collected for the latest Pulse Survey report by Staffing Industry Analysts. Revenue had risen 5% year over year in May.

“Clearly June was a weaker month for temporary staffing as a whole, with 0% median year-over-year revenue...

Human cloud firm buys Uber’s China operations

Didi Chuxing, a China-based ride-sharing firm, struck a deal to acquire the assets of Uber China, including its brand, business operations and data. In exchange, Uber will receive a 5.89% stake in the combined company with preferred equity interest which is equal to a 17.7% stake in Didi Chuxing. In...

PEO Insperity reports 13% increase in Q2 revenue

Professional employer organization Insperity Inc. (NYSE: NSP) reported revenue rose 12.7% in the second quarter amid a 14% increase in the average number of worksite employees paid per month. The growth in worksite employees was driven by new client sales driven by a 15% increase in the number of business...

Mitchell Martin acquires NY-based Spring Lake Consulting

Mitchell Martin Inc. acquired Spring Lake Consulting Inc., a Manhattan-based staffing firm that provides IT professionals and business domain experts in banking, hedge fund and insurance industry verticals.

The deal closed July 18, but terms of the transaction were not announced.

Spring Lake Consulting...

Manufacturing expanded more slowly than expected (Reuters)

US manufacturing activity expanded more slowly than expected in July amid wariness over the Brexit vote, Reuters reported today, on the Institute for Supply Management’s factory activity index, which fell to a level of 52.6 in July from 53.2 in June. Readings over 50, generally, indicate expansion....

Working abroad? Must be London (LinkedIn)

The most popular foreign city for US expats working abroad is London, according to a new blog post by LinkedIn of the top 10 spots for Americans working overseas. Sydney, Australia, and Toronto ranked second and third. When it came to the top jobs for Americans working overseas, they included teacher,...