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ISM manufacturing index falls in October

November 2, 2015

The Institute for Supply Management’s purchasing managers index for US manufacturing decelerated to a reading of 50.1 in October, down from September’s reading of 50.2. The reading indicates continued expansion, but at a slower pace.

Readings above 50 indicate growth.

MarketWatch reports the index...


Average salary up 5% for 2015 grads

October 30, 2015

The overall average salary for US bachelor's degree grads in the class of 2015 is 5.2% higher than the final salary reported for the class of 2014, according to the 2015 Fall Salary Survey by the National Association of Colleges and Employers.

The overall average salary for bachelor’s degree graduates...


Two of largest background check firms must pay $13 million over accuracy questions

October 30, 2015

Two of the US’ largest employment background check providers must pay $13.0 million for failing to ensure their background checks did not contain inaccuracies, the Consumer Financial Protection Bureau announced Thursday.

Serious inaccuracies reported by General Information Services and its affiliate,...


Monster CFO steps down; firm names replacement and new president

October 30, 2015

Monster Worldwide Inc. (NYSE: MWW) reported CFO James Langrock resigned, according to a filing on Thursday with the US Securities and Exchange Commission. In addition, the company named Mark Stoever as president, taking over the role from Timothy Yates, who had served as president and CEO. Yates will...


Hudson Q3 revenue up 0.4% in constant currency excluding divested operations

October 30, 2015

Hudson Global Inc. (NASD: HSON) reported revenue rose 0.4% on a constant currency basis when excluding the Americas IT and its Netherlands business, which it sold during the second quarter of this year. However, revenue fell 14.0% when not reported in constant currency.

On a reported basis, Hudson’s...


Chartwell acquires NYC staffing firm

October 30, 2015

Chartwell Staffing Solutions, a staffing provider based in Lancaster, Penn., acquired New York City based Tiger Information Systems.

The transaction closed Oct. 29; terms were not announced. Tiger Information Systems has been rebranded as Chartwell Staffing Solutions and Chartwell will retain the firm’s...


People: Harvey Nash, RSR, TalentRISE, Go Healthcare, Lucas and more

October 30, 2015

Harvey Nash Group plc, a London-based information technology staffing and services provider, promoted Sean Gilligan from Harvey Nash USA’s VP of enterprise accounts to its chief of staff. Gilligan manages staffing needs of the firm’s largest US clients, while also focusing on its primary business...


Randstad Q3 revenue rises, reports stable growth in most regions

October 29, 2015

Third-quarter revenue at Randstad, the world’s second-largest staffing firm, rose 5% on an organic basis* to €4.98 billion (US$5.60 billion). Revenue growth on an actual basis was 10%. The company reported stable growth in most regions.

In North America, revenue rose 4% on an organic basis. However,...


ManpowerGroup Exec Chairman Jeffrey Joerres to retire

October 29, 2015

ManpowerGroup Inc. (NYSE: MAN), one of the world’s largest staffing firms, announced Jeffrey Joerres will retire as executive chairman and from the board of directors, effective Dec. 30. CEO Jonas Prising will assume the additional role as chairman.

Joerres, 55, joined ManpowerGroup in 1993. He...


On Assignment Q2 revenue up 29%, including aquisitions

October 29, 2015

Third-quarter revenue rose 29.3% at On Assignment Inc. (NYSE: ASGN) to $572.1 million. The increase was 30.3% on a constant currency basis.

Excluding acquisitions, third-quarter revenue was $496.4 million, up 12% (or up 13.1% on a constant currency basis).

On Assignment in June acquired Creative Circle...