Kavaliro sells federal business unit to management

Kavaliro, an IT staffing company based in Orlando, Fla., sold its unit, A.B. Closing Corp., to the unit’s CEO, effective Jan. 21. A.B. Closing does business as Knight Federal Solutions.

Now operating independently as Knight Federal Solutions Inc., the company provides project management, software...

Employment conditions stable, pay hikes spread: NABE survey

The National Association for Business Economics’ January 2016 business conditions survey indicates employment conditions remain stable and pay hikes have spread to more firms, despite stagnant growth in sales and profit.

“Wage and salary increases are becoming more widespread, according to panelists...

ASA index up over week but down over year

The American Staffing Association’s index measuring employment in the US staffing industry for the week of Jan. 11 to Jan. 17 rose 1.16% from the previous week. However, the index was down 2.50% from the same week last year.

The index value was 93.78.

In 2015, the index had 19 consecutive record high...

Quote of the week: Government to measure contingent workforce

“It will give us reliable, credible insight into what’s going on across a range of work arrangements — from independent contractors to temporary employees to workers holding multiple jobs at the same time,” wrote Labor Secretary Tom Perez in a blog post Monday on plans to measure the size of...

Talent scarcity affects three-quarters of businesses

Many businesses struggle with a lack of critical talent, according to the 2016 Talent Trends report released today by Randstad Sourceright.

The report found 72% of HR directors, talent and business leaders surveyed worldwide reported talent scarcity has negatively affected their business, and 45% said...

Recruit to launch tender offer for USG

Recruit Holdings Co. Ltd. will launch a tender offer for all issued ordinary shares of Dutch staffing firm USG People NV, its board of directors decided at a meeting held Friday.

The share acquisition is scheduled from April to June 2016.

The offer will be made through Recruit’s subsidiary to be...

VMS provider IQNavigator rolls out rebranding as part of three-year plan

IQNavigator is rolling out its new IQN brand as it enters the third year of what executives say is a three-year reimagining of the company, which ranks as one of the larger vendor management system providers.

The company will go by both IQN and IQNavigator, although its website is now www.iqn.com and...

P2P Staffing revenue rises 57% in Q4

P2P Staffing Corp., a professional staffing company based in Fort Lauderdale, Fla., reported fourth-quarter revenue rose 56.7% year over year to $61.7 million from $39.3 million in the fourth quarter of last year.

For the full-year 2015, the company reported revenue rose 32.5% to $204 million from $154...

Mortgage industry jobs fall in Q3 but up over year

Mortgage industry employment decreased in the third quarter on a sequential basis, fueled by layoffs, according to an index released by Mortgage Daily. However, mortgage industry employment increased year over year compared to the third quarter of 2014.

The largest home lender, Wells Fargo, had the biggest...

Roth Staffing promotes Adam Roth to CEO

Roth Staffing Companies, a privately held firm headquartered in Orange, Calif., promoted President and COO Adam Roth to the CEO role, effective Jan. 14. He replaces his father, company founder Ben Roth, who remains with the firm as executive chairman.

Adam Roth is the second CEO in the organization’s...