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CoAdvantage gets foothold in California with acquisition of Los Angeles-based PEO

October 25, 2017

PEO CoAdvantage today announced the acquisition of Total HR Management, a Los Angeles-based PEO, that will provide CoAdvantage with its first office in California. And it will become the core of the Tampa, Fla.-based company’s California operations.

“The acquisition of Total HR provides CoAdvantage...


Freelancer.com lists 50 fastest-moving online jobs, design-related offerings are on top

October 25, 2017

Online staffing firm Freelancer.com reported online jobs involving design — including Adobe InDesign, 3D Design and creative design — rank among the fastest-growing jobs while interest in cryptocurrency-related work is also trending upward.

Adobe InDesign topped the list of fast-moving jobs with 29%...


Earnings notes: SAP says revenue up 19% in segment that includes SAP Fieldglass; Caterpillar increases flexible workforce by 56%

October 25, 2017

In quarterly earnings results released this week by public companies:

  • Software maker SAP reported revenue in its “Business Network” segment — which includes the SAP Fieldglass vendor management system, the Ariba Network and business travel expense website Concur — rose 19% in constant currency...


Defense Health Agency selects 36 firms for healthcare staffing contract worth $7.5 billion (Washington Technology)

October 25, 2017

The Defense Health Agency chose 36 small firms for a $7.5 billion healthcare staffing contract covering military facilities in all 50 US states, Washington Technology reported. Work will take place between Dec. 1 of this year toNov. 20, 2022.


New Illinois law imposes more legal requirements on staffing agencies (The Staffing Stream)

October 25, 2017

A new Illinois law impacting staffing firms. Kerryann Hasse Minton, a managing partner with law firm Michael Best & Friedrich, discusses what the law does and what staffing firms can do in a new post in The Staffing Stream.


Global staffing revenue at $429 billion, forecast growth for this year is 6%

October 24, 2017

The global staffing industry generated an estimated $429 billion in revenue worldwide in 2016, according to the “Global Staffing Industry Market Estimates and Forecast: October 2017 Update” released by Staffing Industry Analysts. Three countries — the US, Japan and the UK — made up a majority...


Randstad Q3 revenue up 9% organically; Europe drives growth while US revenue remains flat

October 24, 2017

Third-quarter revenue at Randstad Holding NV rose 9% on an organic basis, which excludes the impact of currency, acquisitions and divestitures and adjusts for working days. European markets — with topline growth of 11% — drove the increase, led by Italy’s 27% increase in revenue and France and...


Private equity firm invests in nurse staffing firm, adds former AMN exec to board

October 24, 2017

New MainStream Capital announced it partnered with company founder Tim Kinnetz in the recapitalization of Iowa-based GrapeTree Medical Staffing LLC.

The transaction closed Oct. 22; terms were not disclosed.

In addition, New MainStream Capital operating executive council member Bob Livonius will serve as...


Volt to sell quality assurance testing business for $66 million

October 24, 2017

Volt Information Sciences Inc. (NYSE MKT: VISI) agreed to sell its quality assurance testing business, known as VMC, to Keywords International Limited, a technical services provider to the global video games industry, to focus on moving forward as a pure-play staffing company.

VMC is a part of Volt’s...


ASA staffing index up; four-week moving average hits highest value for 2017

October 24, 2017

The American Staffing Association’s staffing index edged up a reading of 98.61 in the week of Oct. 9 to Oct. 16. Staffing employment was up 1.32% compared to the same week last year.

Temporary and contract staffing employment was 0.09% higher than the prior week, with some survey respondents citing...