Finance execs plan increased hiring; 57% to add temp and part-time workers, global survey finds

Senior financial executives worldwide expect economic growth in the year ahead and plan to increase their companies’ workforce, according to the 2018 Global Business & Spending Outlook released today by American Express and institutional investor Thought Leadership Studio. The report is based...

Insight Global to pay almost $355,000 in back wages following DOL investigation

Insight Global LLC, the third-largest IT staffing provider in the US, will pay $354,978 in back wages to 14 employees for violating provisions of the Fair Labor Standards Act and the McNamara-O’Hara Service Contract Act, the US Department of Labor announced. An investigation by the Department’s Labor...

H-1B visa filing period now open

The filing period for H-1B visas — temporary work visas for highly skilled foreign workers — began Monday for the upcoming 2019 federal fiscal year. The number of H-1B visas is capped at 85,000, but the cap was reached in the first week for the fifth year in a row last year.

However, the H-1B visa...

The Panther Group acquires financial services staffing provider in New York City

The Panther Group, a staffing services and workforce provider headquartered in Massachusetts, acquired New York City-based BOC Staffing Solutions. The asset acquisition closed March 23.

BOC, a regional boutique staffing firm, places technology and accounting/finance personnel within the financial service...

Word of the month: SIDES

The word of the month, “HR-XML staffing industry data exchange standards,” or SIDES, is defined by Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms as a suite of data exchange standards designed to offer efficiencies and cost savings for all participants...

Long expansions alone don’t stop employment growth (The Conference Board)

With an expansion entering its eighth year and unemployment below 5%, many economists at the outset of 2017 feared rising wage growth and tight labor markets would cause a dramatic slowdown in employment growth, writes Brian Schaitkin, a senior economist in US economic outlook and labor markets at...

CHG Healthcare names new CFO

CHG Healthcare, the second-largest healthcare staffing firm in the US, named Rob Millard as its new CFO, taking over from Sean Daily, who announced his retirement after nearly two decades with the company.

Millard most recently served as CFO at Earnest Inc. in San Francisco. His previous experience also...

US temp revenue growth decelerates to median 5% in February, Pulse survey finds

US temporary staffing revenue rose a median 5% year over year in February — a slight deceleration from 6% in January — among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse survey.

“Year-over-year revenue growth in temporary staffing was moderate in February,” SIA Research...

Funk steps down as CEO of Express Employment Professionals; Bill Stoller takes on role (The Oklahoman)

Bob Funk Sr., co-founder of staffing firm Express Employment Professionals, stepped down from his role as CEO, and is being replaced by co-founder Bill Stoller, The Oklahoman newspaper reported. The transition follows a years-long legal battle between the partners that included allegations Funk diverted...

On Assignment is now ASGN, firm completes $775 million ECS acquisition

Professional staffing firm ASGN Inc. (NYSE: ASGN) completed its $775 million acquisition of government services contractor ECS Federal LLC. Concurrent with the acquisition, On Assignment changed its name to ASGN Inc. to better reflect the combined company’s business.

On Assignment first announced the...