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Staffing or banking? Which business do you want to be in? — Staffing Stream

November 3, 2014

Why would you become a bank by allowing your customers to have 60- to 90-day credit terms? Nick Andriacchi of Damien Services Corp., addresses the issue in a Staffing Stream post. To read the post, click here.The Staffing Stream is a blog where issues, trends and views from all corners of the sta...


Temp revenue growth rate slows in September — Pulse Report

October 31, 2014

US temporary staffing revenue rose a median 9 percent year over year in September among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The growth rate is the slowest of the year but still roughly in line with the 10 percent year-over-year growth in August.“Althou...


Kelly Services announces departures of two execs

October 31, 2014

Kelly Services Inc. (NASD: KELYA), one of the world’s largest staffing firms, reported Senior VP and Chief Innovation Officer Rolf Kleiner resigned from the company to pursue other opportunities. In addition, Michael Webster, executive VP and general manager, Americas and global solutions, will r...


AMN revenue rises 3%; nurse and allied staffing revenue up 2%

October 31, 2014

AMN Healthcare Services Inc. (NYSE: AHS), the largest US healthcare staffing firm, reported revenue rose 2.9 percent in the third quarter to $264.6 million. That’s above AMN’s guidance of between $254 million and $258 million. It’s also above analysts’ estimates of $257.30, according to Yahoo!Nur...


Canada’s GDP declines 0.1%; separate survey finds modest salary increases planned

October 31, 2014

Canada’s gross domestic product declined 0.1 percent in August, following no growth in July and increases in the first six months of the year. Increases of 0.5 percent and 0.3 percent were recorded in May and June respectively, Statistics Canada reported today.Notable increases were recorded in t...


Group says labor brokers exploit immigrant tech workers in US, releases graphic novel — Web

October 31, 2014

The Center for Investigative Reporting, a nonprofit news organization based in Berkeley, Calif., released a report called “Techsploitation” claiming labor brokers are exploiting immigrant technology workers coming to the US. The group also published a graphic novel on the claims. For the report,...


People: Frontline Source Group, hrQ, answerQuest

October 31, 2014

Staffing provider Frontline Source Group named Katharine Rosebrock as payroll manager at its corporate office in Dallas. Rosebarck has been with Frontline since 2013.Executive search and professional services firm hrQ, which targets the human resources profession, announced John Anderson joined t...


Investment group acquires VMS and MSP firm

October 30, 2014

Investment firm Investcorp acquired PRO Unlimited, which offers VMS, MSP and independent contractor compliance/payrolling services. The transaction was announced today but terms were not disclosed.PRO offers its MSP under the PRO Unlimited Inc. brand, and its VMS operates under the brands Wand, W...


Randstad reports stable revenue growth

October 30, 2014

Randstad’s third-quarter revenue growth was “stable,” but underlying trends changed, said CEO Jacques van den Broek. Revenue growth accelerated in the US and the Netherlands but decelerated in France and Germany.Third-quarter revenue at the world’s second-largest staffing firm rose 4 percent year...


On Assignment Q3 revenue rises, will step up sales and recruitment hiring

October 30, 2014

On Assignment Inc. (NYSE: ASGN) revenue rose 13.4 percent year over year in the third quarter to $477.9 million. The company had forecast third-quarter revenue of between $479.0 million and $483.0 million. In Wednesday’s earnings release, On Assignment also reported plans to aggressively step up...