April 7, 2016
Though the tepid pace of this economic expansion is not fueling the rapid growth staffing industry stakeholders might prefer, one upshot of this plodding recovery may be that its length is protracted, meaning the next recession may not come as soon as we might expect in a more typical cycle.
Despite sluggish macroeconomic conditions, growth outlook for IT staffing in the US remains solid
April 6, 2016
Our baseline case calls for GDP growth in the US to hover in the 2.0% range for this year and next. Similarly, in our April forecast update, we see the US market for IT staffing remaining through 2017 in the moderate, steady growth mode that has characterized the last few years for the industry. ... More
NTT Data to acquire Dell’s IT services operations for more than $3 billion
April 6, 2016
NTT Data Inc. struck a deal to acquire Dell Services, a provider of IT services, consulting and business process outsourcing that is part of Dell Inc.
CDI revenue falls 11% in Q4
April 6, 2016
Engineering and IT staffing provider CDI Corp. (NYSE: CDI) reported fourth-quarter revenue fell 11.3%, but the decrease was 8.6% in constant currency. Revenue fell in all segments and net loss increased.
Financial leaders confident in London’s FinTech market
April 6, 2016
The majority of UK-based financial services leaders, 92%, believe that the UK has the ability to become the worldwide leader in financial technology (FinTech), according to new research from recruitment specialist Robert Half International Inc. (NYSE: RHI)
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Volt revenue falls 15% in fiscal Q1
April 6, 2016
Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 14.7% in its fiscal first quarter ended Jan. 31, but net loss narrowed.
Focus Search Partners, Sharp Decisions make acquisitions
April 6, 2016
Focus Search Partners, A Vaco company, acquired San Francisco-based technology search firm Charlson Partners. Sharp Decisions Inc., a technology consulting firm headquartered in New York City, acquired the Denver and Phoenix offices of staffing firm CN-TEC in an asset purchase transaction.
Gender’s role in tech compensation
April 6, 2016
Gender plays no role in compensation for technology professionals when comparing equal education levels, years of technical experience and job title, according to one analysis of job board Dice’s annual salary survey data of more than 16,000 tech professionals.
Thinking outside of the (empty) box — Staffing Stream
April 6, 2016
Facts clearly illustrate the dire situation around meeting IT staffing needs. Yet sometimes the situations that pose the most impossible circumstances offer an opportunity for the most creative solutions.
IT jobs edge up in February, but growth rate trending slower
April 6, 2016
The number of IT jobs in the US edged up 0.2% in February from January to almost 5.1 million, reported TechServe Alliance, an association of IT and engineering staffing companies.
Benefit of Counsel: Overtime rules set to expand
April 6, 2016
A huge, federally mandated, change to compensation requirements is just around the corner. Last year, the US Department of Labor issued a notice of proposed rulemaking, the intent of which is to expand the federally mandated overtime protections to millions of new employees.