Private equity firms acquire Orion and its RPO subsidiary Novotus

L2 Capital Partners LP and Lakewood Capital LLC acquired Orion ICS LLC and its wholly owned subsidiary Novotus LLC.

The transaction closed Dec. 3; terms were not disclosed. All executives will remain in the same positions and with the same titles.

Orion launched in 1991 as a staffing firm specializing...

Hudson Global rebrands to focus on RPO

RPO provider Hudson Global Inc. (NASD: HSON) rebranded to Hudson RPO, effective today.

This change marks the completion of a strategic realignment process launched several years ago to focus on its core recruitment process outsourcing business. The transition was completed this year with the sale of its...

Workplace violence, marijuana and workforce planning among top HR challenges for 2019

Workplace violence, marijuana use, cybersecurity and leave laws are among the most difficult challenges facing employers in 2019, according to a survey released today by XpertHR.

The survey found 45% of human resource professionals viewed preparing for and responding to an active shooter or workplace...

Word of the month: White labelling

“White labelling” is defined by Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms as a method by which the staffing firm or managed service provider markets the position under the client’s brand rather than its own.

As the ecosystem evolves, SIA’s mission is to...

Temp revenue growth hits highest level in three years: Pulse

US temporary staffing revenue growth accelerated at a median 11% year over year in October from September, that is up from 9% in the prior month, according to Staffing Industry Analysts’ Pulse Survey Report of staffing firms released Friday. This is the highest level reported since October 2015.

“October...

Canadian employers to boost wages for new-hires, not existing staff: Hays

Employers across Canada will cap 2018 as a year of growth with 52% intending to hire permanent staff in the year ahead, according to data from the ninth annual Hays Canada Salary Guide. Nearly the same amount, 58%, plan to take on temporary staff.

Employers said they expect to take on contract and temporary...

Class-action status granted in nursing home staffing agency lawsuit (McKnight’s Long-Term Care News)

Filipino nurses previously recruited by Sentosa Nursing Recruitment Agency and a related entity, Prompt Nursing Employment Agency LLC, can move forward with a class-action lawsuit alleging the agencies abused the legal system and violated the Trafficking and Violence Protection Act by forcing nurses...

Economy still has ‘solid momentum,’ but GDP to cool next year: NABE

Economists surveyed by the National Association for Business Economics maintained their prior growth projections for the US economy in 2018, the association announced today. The median forecast calls for real GDP growth of 2.9% on an annual basis this year, unchanged from the October 2018 forecast. For...

Canadian staffing index flat in October

The Canadian staffing index, which measures staffing activity in Canada, was unchanged in October on a year-over-year basis at a reading of 120.

“After adjusting for the change in working days, volume of billed hours appears moderately down for the industry overall,” Maxim Kupfer, research analyst...

ISM manufacturing index rises in November, employment expands despite labor shortages

Economic activity in the manufacturing sector expanded in November at a faster pace than in October, according to the Institute for Supply Management’s purchasing managers index for US manufacturing. November’s index reading registered 59.3, up from October’s reading of 57.7.

Any reading above 50%...