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Volt revamps board under deal with shareholder group

March 31, 2015

Volt Information Sciences Inc. (NYSE MKT: VISI) entered into an agreement with Glacier Peak Capital LLC and its affiliates regarding the membership and composition of Volt’s board of directors. Glacier Peak and its shareholder group claims to own in the aggregate approximately 36% of Volt’s outst...


Temp staffing revenue growth maintains pace in February, Pulse finds

March 31, 2015

US temporary staffing revenue rose a median 10% year over year in February among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The year-over-year pace is unchanged for the fifth consecutive month.“While a number of segments reported solid year-over-year revenue g...


Consumer confidence rebounds in March

March 31, 2015

The Conference Board’s consumer confidence index for the US rebounded in March to a reading of 101.3 (1985=100) from 98.8 in February. The index in January had been at its highest level since 2007.“Consumer confidence improved in March after retreating in February,” said Lynn Franco, directo...


Oil-and-gas companies pay $1.3 million in back wages since 2014

March 31, 2015

The US Department of Labor’s Wage and Hour Division recovered more than $1.3 million in back wages for more than 1,300 workers in the oil-and-gas industry since it launched an enforcement initiative covering New Mexico and west Texas in 2014, the agency reported Monday.The division found overtime...


Google HR chief on staffing talent — staffing quote of the week

March 31, 2015

“There’s an increasing spread of performance that’s observable,” Forbes quoted Lazlo Bock, Google’s head of people operations, as saying about the talent conversation change in the time he’s been at Google. “The most talented people on the planet have way more options than they used to – the glob...


Mortgage services and staffing firm acquires real estate tech provider

March 30, 2015

Clayton Holdings LLC, a provider of staffing and other services to the mortgage industry, acquired Red Bell Real Estate LLC and sister company Main Street Valuation LLC.Red Bell provides technology products to help real estate sellers better understand local markets in the US, according to the co...


Heidrick & Struggles appoints global healthcare and life sciences leader

March 30, 2015

Executive search firm Heidrick & Struggles International Inc. (NASD: HSII) today announced John Mitchell joined the firm as global practice managing partner — healthcare and life sciences. As leader of Heidrick & Struggles’ global healthcare and life sciences practice, he will head a team...


Intel exec calls for raising H-1B cap as feds to start accepting visa applications

March 30, 2015

The US has a shortage of skilled workers in STEM fields and congress must raise the cap on H-1B visas, Lisa Malloy, Intel’s director of policy communications and government relations, wrote in a blog post last week.“While only about 6% of our US workforce is here on an H-1B visa, these individual...


Mexico moves toward uniform minimum wage — Web

March 30, 2015

The minimum wage in Mexico’s geographical zone “B” will increase by 2.6%, to 68.28 pesos (US$4.52) from 66.45 pesos (US$4.40) per day effective April 1, according to Bloomberg BNA. The wage of 70.10 pesos (US$4.64) a day will be maintained. In geographical area “A.” Geographical zone “A” includes...


Half of older workers unemployed in last five years still jobless today

March 30, 2015

Despite recent improvements in job creation statistics and the US unemployment rate, half of the people ages 45 to 70 who experienced unemployment during the past five years are not currently working, according to a survey conducted by AARP. Fifty percent of survey respondents reported they were...