Employee assessment firm gets $50 million in funding

The Predictive Index, a provider of an employee assessment platform, last week announced it received $50 million in growth-stage capital from venture capital firm General Catalyst provided the investment. The company, whose customers include Nissan and Citizens bank, plans to use the funding to double...

Solomon Page acquires fashion industry search firm E.A. Hughes & Co.

Staffing firm Solomon Page announced today it acquire executive search firm E.A. Hughes & Co., which specializes in the fashion, retail and beauty markets.

Elaine Hughes, who founded E.A. Hughes & Co. in 1991 will continue to lead her team of eight, according to a report in WWD. Terms of the deal...

Consumers more pessimistic this month on business conditions, labor market

Consumers were more pessimistic about business conditions over the next six months as well as in the labor market, according to The Conference Board’s Consumer Confidence Index. In addition, the recent government shutdown may have influenced the index.

A survey for the index found that fewer consumers,...

‘Not trying to get rid of the human’ — Staffing quote of the week

“This is not trying to get rid of the human,” Accenture Operations Group CEO Debbie Polishook told Bloomberg, “but to make them as productive as possible and get them to focus on the work that a human really needs to do.” Polishook was discussing its new selling automation software that has already...

SThree plc revenue up 13% for year; reports beta launch of AI platform

SThree plc reported revenue rose 13% in constant currency for its fiscal year ended Nov. 30; the strongest revenue growth came from its operations in Continental Europe, where revenue was up 24.3% on a reported basis.

CEO Gary Elden previously announced he would be leaving the London-based professional...

ASGN buys tech support vendor to FBI for $46 million; expects revenue to be up 12%

ASGN Inc. (NYSE: ASGN), a Calabasas, Calif.-based professional staffing provider, acquired DHA Group Inc. for $46 million in cash. DHA’s customers include the FBI and other government entities. Separately, ASGN announced that it expects to report fourth-quarter 2018 revenue rose 11.8% year over year...

Guidant Global gets new CEO

Simon Blockley will be taking over as CEO of Guidant Global, a staffing and managed solutions business line that is part of the Impellam Group plc.

Blockley previously served as managing director of European operations at Guidant Global; he had joined the company in 2014. The new roles calls for him to...

NLRB says it rejected Obama-era independent contractor standard

The NLRB announced Friday it overturned an Obama-era board decision from 2014 on who qualifies as independent contractors. Friday’s decision came in a case involving a union effort to organize drivers at the Dallas affiliate of SuperShuttle — a firm that organizes vans that provide rides to and from...

No recession foreseen next 12 months, but fewer expect robust growth: NABE poll

No recession is foreseen within the next 12 months, but economic growth may not be as robust, according to a Business Conditions Survey released today by the National Association for Business Economics. When it comes to hiring, more firms are reporting shortages of skilled labor.

The January NABE survey...

SHRM launches initiative on hiring of those with criminal backgrounds

The Society for Human Resource Management on Sunday announced an initiative to change hiring practices for those with criminal backgrounds.

Part of the initiative includes a pledge to give opportunities to qualified people with a criminal record deserving of a second chance.

“This is a group we, as business...