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Heidrick Q4 revenue up 11% in constant currency on search growth

February 26, 2019

Net revenue rose 10.9% in constant currency at Heidrick & Struggles International Inc. (NASD: HSII) in the fourth quarter, driven by strong results in executive search. Net Revenue rose to $185.3 million.

Revenue in the Chicago-based firm’s consulting business decreased.

Heidrick posted net income...


Aleron acquires RPO firm TalentRISE

February 26, 2019

Recruitment firm Aleron acquired TalentRISE, a Chicago-based provider of recruitment process outsourcing.

The transaction closed Feb. 15; terms were not disclosed.

TalentRISE joins Aleron’s brands that include Acara Solutions, Broadleaf Results, Lume Strategies and Viaduct, among...


Consumer confidence rebounds in February

February 26, 2019

Consumer Confidence rebounded in February after three months of consecutive declines, according to The Conference Board’s Consumer Confidence Index. Consumers continue to view both business and labor market conditions favorably.

The index rose to a reading of 131.4 (1985=100), up from 121.7 in...


Word of the week: Days Sales Outstanding

February 26, 2019

Days Sales Outstanding,” or DSO, is defined by Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms as a company’s average collection period. A low number of days indicate that the company collects its outstanding receivables quickly. The DSO figure is an index of...


Respect important in job search process job: Monster

February 26, 2019

Respect is a key driver of job satisfaction, and it’s also important in the job search process, according to the second set of data released today from Monster Worldwide Inc.’s 2019 State of the Candidate report.

The study found 45% people who are currently happy with their job cite feeling respected...


H1-B visa holders facing loss of spousal employment authorizations may have Canadian option (Forbes)

February 26, 2019

Lawmakers recently took steps to terminate the employment authorization documents for holders of H-4 visas, which are issued to spouses of H-1B visa holders. Forbes reported there may be a Canadian solution for some of these immigrants that would involve the US employer transferring the H-1B visa holder...


New SIA index suggests moderate revenue growth in US temp staffing industry

February 25, 2019

A new index released by Staffing Industry Analysts suggests moderate breadth of year-over-year revenue growth in the US temporary staffing industry.

The index indicates the net percent of temporary staffing firms that reported positive revenue growth in SIA’s pulse survey. The SIA Staffing Index is...


Executive Forum North America 2019 starts today

February 25, 2019

Staffing Industry Analysts’ 2019 Executive Forum North America kicks off today in Austin, Texas. Some 1,300 attendees are expected at the event, which runs through Thursday.

The latest trends affecting the staffing industry — and the whole workforce solutions ecosystem —  will be discussed,...


TransForce acquires regional staffing agency USA Drivers

February 25, 2019

TransForce Inc., a nationwide truck-driver staffing firm headquartered in Alexandria, Va., acquired regional staffing agency USA Drivers.

USA Drivers provides truck driver staffing, recruitment and leasing in the Southeast and Indiana, and has been providing CDL truck drivers to motor...


Black Diamond Networks acquires biosciences division

February 25, 2019

Black Diamond Networks Inc., a professional staffing provider headquartered in Andover, Mass., acquired American Personnel Staffing’s biosciences division.

Black Diamond Networks targets the life sciences, engineering and IT sectors. The transaction expands its local presence in Massachusetts to include...