Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

CTG names interim operations exec and interim CFO, solutions exec steps down

November 3, 2014

CTG (NASD: CTG) named Filip Gyde as interim executive VP of operations and named Treasurer John Laubacker as interim CFO. It also reported Michael Colson, senior VP of solutions, left to pursue other opportunities. The announcements at the Buffalo, N.Y.-based IT staffing provider come after CFO B...


Revenue rises 4% at largest PEO

November 3, 2014

Insperity Inc. (NYSE: NSP), the largest PEO in the US, reported revenue rose 3.8 percent in the third quarter to $560.3 million. The Houston-based company attributed the increase to a 1.8 percent increase in the average number of worksite employees paid per month and a 2.0 percent increase in rev...


Labor Smart names COO

November 3, 2014

Labor Smart Inc. (OTCBB: LTNC), a provider of industrial staffing serving the southeastern US, hired Kimberly Thompson as its chief operating officer.Thompson most recently lead the operations team for a large commercial roofing company in the southeast US. She has 25 years of experience in manag...


Futurestep names Asia Pacific leaders

November 3, 2014

Futurestep, a division of Korn Ferry (NYSE: KFY), appointed Chong Ng as president of Futurestep Asia Pacific. In addition, Futurestep named Sue Campbell as managing director for Asia and Tim Powell as managing director for Futurestep Australia, New Zealand.Ng previously served as managing directo...


BG Staffing revenue edges up 0.3%

November 3, 2014

BG Staffing Inc. (NYSE MKT: BGSF) reported revenue edged up 0.3 percent year over year in the third-quarter to $48.0 million. Net income fell to $365,000 from $841,000 in the same period last year.Gross margin, however, rose to 20.8 percent in the third quarter from 19.0 in the year-ago quarter....


ISM manufacturing index rises in October

November 3, 2014

The Institute for Supply Management’s purchasing managers’ index for US manufacturing rose to a reading of 59.0 in October, up from September’s reading of 56.6. Bloomberg reports the expansion was faster than had been forecast.Readings above 50 indicated growth; September’s index indicates c...


Staffing firms’ bankruptcy trustee sues bank — Web

November 3, 2014

The Tampa Bay Business Journal reports the trustee of several Florida staffing firms now in bankruptcy court is suing the firms’ bank. For the story, click here.


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...