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People: Allegis Global Solutions, Uber

August 18, 2017

Allegis Global Solutions appointed Matt Charney as chief content officer, a new role at the firm. Charney will serve as the chief editor and content lead for the organization on the AGS Global marketing team. Charney will also continue to serve as a partner and executive editor at RecruitingDaily LLC....


ADP investor talks overhaul strategy amid push for board nominees

August 17, 2017

Activist investor Pershing Square Capital Management led by Bill Ackman — which is seeking the election of three of its nominees to the board of ADP (NASD: ADP) — held a conference call today to press its case, saying that the company’s success has caused it to grow lethargic and that it is underperforming...


Lying on résumés may be on the rise, survey says

August 17, 2017

When asked if they know someone who included false information on a résumé, 46% of workers said they did, according to a survey by OfficeTeam, a division of Robert Half International Inc. (NYSE: RHI). That’s up from 21% who said the same in a 2011 survey.

Areas cited as the most frequently embellished...


Economic index points to improvement in second half of year

August 17, 2017

The Conference Board Leading Economic Index increased 0.3% in July to a reading of 128.3 (2010=100) following a 0.6% increase in June.

“The US [Leading Economic Index] improved in July, suggesting the US economy may experience further improvements in economic activity in the second half of the year,”...


Four-week average of jobless claims falls; total claims lowest since February

August 17, 2017

The four-week moving average of jobless claims last week fell by 500 from the previous week’s unrevised average to a total of 240,500, according to seasonally adjusted data from the US department of Labor.

Total jobless claims fell by 12,000 to a total of 232,000 from the previous week’s unrevised...


Median salary for H-1B workers now $80,000 (Pew Research Center)

August 17, 2017

The median salary for H-1B visa workers was $80,000 in the 2016 federal fiscal year, up from $69,000 about a decade earlier, according to a report by the Pew Research Center. In addition, demand for H-1B visa holders has risen. H-1B visas are used to bring highly skilled workers such as IT and healthcare...


GM to compete with human cloud firms Uber and Lyft? (Reuters)

August 17, 2017

General Motors is considering whether to enter the on-demand mobility business now led by human cloud firms Uber and Lyft, Reuters reported. The automaker already has programs in place to lease cars to drivers at the human cloud firms and its Maven car-sharing and rental division is expanding its partnerships....


TSR revenue up 9% in fiscal Q4, but gross margin down

August 16, 2017

IT staffing provider TSR Inc. (NASD: TSR) reported revenue rose 9.0% in its fiscal fourth quarter ended May 31, but gross margin narrowed. The Hauppauge, NY-based firm also reported net income fell.

(US$ thousands) Q4 2017 Q4 2016 % growth
Net revenue $16,897 $15,504 9.0% ...


Revenue falls in Q2 at Staffing 360, but gross margin improves

August 16, 2017

Second-quarter revenue fell 6.6% in constant currency at Staffing 360 Solutions Inc. (NASD: STAF), a staffing provider operating in the US and UK. The decrease was 9.1% as reported. However, gross margin improved.

(US$ thousands) Q2 2017 Q2 2016 % change % change constant currency ...


In Tech: LinkedIn releases new tools, Recruit makes investments, Personio raises $12 million

August 16, 2017

In tech news, LinkedIn announced a new product for staffing firms, Recruit Holdings Co. Ltd. invested in Mara Labs and announced it had a 39.0% stake in China-based job board 51Job.

Here’s some of the most recent talent tech news:

LinkedIn

LinkedIn on Tuesday announced a new product for staffing firms...