Firm lands $53 million funding round, plans staffing healthcare ‘AI agents’

Hippocratic AI announced a $53 million funding round on March 18. It also announced the launch of its first product for phase-three safety testing — a staffing marketplace where health systems can hire generative AI agents. Plans call for the generative AI agents to work with patients to handle tasks...

FDM revenue up 2% even as fewer consultants assigned to clients

FDM Group (Holdings) plc reported revenue rose 2% in constant currency in 2023 against a backdrop of challenging market conditions with macroeconomic and geopolitical uncertainty.

The London-based firm, which provides IT staffing on a recruit-train-deploy basis, reported preliminary results today. On...

Majority of CFOs raising average compensation by over 4%

A majority of CFOs, 71%, plan to increase average employee compensation by 4% or more this year, according to data from Gartner Inc.

That includes 58% of CFOs who plan to raise average employee compensation this year by between 4% and 9%. It also includes 13% of CFOs who plan increases of 10% or more....

Court rules against truckers in independent contractor case

A California federal judge rejected the latest effort by trucking groups to block enforcement of Assembly Bill 5, the state law designed to crack down on independent contractor misclassification. The March 15 ruling stated that courts “are not the proper bodies for imposing legislative amendments.”...

Staffing industry veteran doesn’t prevail in bid for Congress

(This story has been updated to include a comment from Doug Bugie.) 

Staffing industry veteran Doug Bugie did not prevail in his bid to represent Ohio’s District 7 in the US House of Representatives. Bugie was running as a Democrat in the state’s March 19 primary election. He received 18.24%...

‘Subdued’ growth for Canada: The Conference Board of Canada

In line with its previous forecast, Canada’s economy will have “subdued growth” for the rest of the year with real GDP growth at just 0.6%, according to a report by The Conference Board of Canada. However, a stronger 2.3% GDP growth is expected in 2025.

“Expansion plans within the business sector...

Sponsored: How AI can boost your staffing operations

Meet Jamie, an AI-powered virtual recruiter that can transform your business to deliver quality candidates at scale — and fast. 

When TalentBurst, a provider of workforce management solutions, found it was at risk of missing its 2023 staffing revenue growth targets, leaders knew they needed to...

‘Overreaching’ California bill would limit conversion fees and more

Proposed legislation introduced in California, AB 2741, would add significant requirements to the staffing industry from restricting conversion fees to disclosing to workers their bill rate as well as wage rate. Staffing leaders in the state are concerned about damage the bill could cause. The California...

SThree Q1 gross profit falls amid challenging environment

SThree plc issued a trading update today covering its fiscal first quarter ended Feb. 29. Group net fees (gross profit) for the quarter are down 6% over the year in constant currency against a record prior year performance and a challenging backdrop.

The group said the 6% fall was driven by continued...

Upwork lists most in-demand, fastest-growing skills for 2024

Data science and analytics is one of the fastest-growing work categories, according to data released today by Upwork Inc. (NASDAQ: UPWK). And the fastest-growing skills in that category were generative AI modeling and machine learning.

Online talent platform Upwork released its lists today of most in-demand...