Daily News
Paychex revenue rises 7% in fiscal Q3, HR services up 12%
March 30, 2016Paychex Inc. (NASD: PAYX), a provider of payroll services and PEO services, reported revenue rose 7% to $740.7 million in its fiscal third quarter ended Feb. 29.
PEO revenue is included in Paychex’s human resource services segment, which increased 12% to $301.1 million in the third quarter.
Net income...
US adds 200,000 private sector jobs in March, ADP reports
March 30, 2016US private sector employment rose by 200,000 jobs in March from February, according to the ADP national employment report produced by Automatic Data Processing Inc. (NASD: ADP) in collaboration with Moody’s Analytics. March’s jobs gain is a slight decrease from February’s 205,000 additions, which...
Online job ads fall in March
March 30, 2016US online job ads edged down by 31,519 in March to approximately 5.13 million, according to The Conference Board’s report on online job ads.
“The last three quarters of revised data for 2015 were essentially flat, with the first quarter of 2016 showing a loss of 137,000,” said Gad Levanon, chief...
PEO and staffing firm parent company rebrands to Aureon
March 30, 2016The INS Family of Companies, a business solutions provider that includes PEO Merit Resources and Portico Staffing, rebranded under the name Aureon effective immediately.
Rebranding at the Iowa-based firm reflects a broadening footprint in the business support services field, which has expanded in recent...
Industrial Search Partners acquires DC recruiting firm
March 30, 2016Industrial Search Partners, a Connecticut-based search firm targeting industrial manufacturing and services, acquired Ference Partners, a Virginia/Metro DC-based recruiting firm founded by Patrick Ference.
The transaction closed March 29; terms were not disclosed.
Ference now becomes a managing partner...
Allegis Partners forms HR advisory board
March 30, 2016Executive search firm Allegis Partners, formed a new human resources advisory board, which will provide guidance on services and strategies for the firm’s human resources practice.
Allegis Partners is part of Allegis Group, the largest staffing firm in the US.
The advisory board will comprise five human...
Temp staffing revenue growth decelerates in February, Pulse survey finds
March 29, 2016US temporary staffing revenue rose a median 7% year over year in February among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The 7% growth in February is a notable deceleration from January’s 10% median growth pace.
“Clearly, February was a weaker month for temporary...
NALTO names president-elect, board members
March 29, 2016The National Association of Locum Tenens Organizations named Stacey Stanley as president elect. Stanley is CEO and founder of Dayton, Ohio-based Next Medical Staffing. She will assume the role of NALTO president at the 2017 NALTO Annual Convention and serve for a period of two years, through 2019. ...
Calian Technologies announces new name
March 29, 2016Calian Technologies Ltd. (TSX: CTY) shareholders voted to change the company’s name to Calian Group Ltd. The Ottawa-based company reported the new name better reflects the diversity of its services in light of the expansion into areas such as healthcare and training.
“Our name change to Calian Group...
Consumer confidence rises in March, more favorable job outlook
March 29, 2016The Conference Board’s consumer confidence index for the US rose in March following a decrease in February, The Conference Board announced today. The index rose to a reading of 96.2 (1985=100), up from a reading of 94.0 in February.
Consumers’ outlook for the labor market was also more favorable.
“Consumer...