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Contract watch: Kelly Services

November 2, 2009

Kelly Services Inc. (NASD: KELYA) said a joint venture of which it is part -- called the imPACTS Team -- received two indefinite delivery/indefinite quantity contracts from the U.S. Department of Homeland Security's Program Management, Administrative, Clerical and Technical Solutions (PACTS) pro...


Your sales calendar for 2010 -- who hires when

November 2, 2009

Which potential staffing buyers are seeing spikes in employment needs and when? Staffing Industry Analysts' Director of Research and Analysis Jon Osborne writes on the subject in The Contingent Blog. For the full blog, click here.


Accountabilities CFO to step down

November 2, 2009

Accountabilities Inc. (OTCBB: ACBT.OB), a Manalapan NJ-based staffing firm, reported its CFO is stepping down, according to a filing with the U.S. Securities and Exchange Commission. CFO Stephen DelVecchia and the company mutually agreed that he would give up the role after certain tasks are com...


Source2 revenue slips, but margin improves

November 2, 2009

Source2, an Orlando FL-based staffing firm, reported third-quarter revenue fell 20.5% to $2.7 million on a year-over-year basis. However, third-quarter gross margin improved to 25.7% from 20.5% in the same period last year. In addition, the company reported third-quarter net income of $32,152, u...


Administaff revenue falls 7%

November 2, 2009

Revenue fell 7.3% at Administaff Inc. (NYSE: ASF), a Texas-based professional employer organization, to $390.9 million in the third quarter ending Sept. 30 from $421.9 million in the same period last year. The average number of worksite employees paid per month fell 9.9% to 107,625 in the third...


Contract watch: PeopleScout

November 2, 2009

PeopleScout, the recruitment process outsourcing division of SeatonCorp, announced a contract with Covance Inc., to provide RPO services at sites across four continents. Covance is a Princeton NJ-based drug development company with annual revenue of more than $1.7 billion. PeopleScout will provi...


Resources buys PR and restructuring firms

October 30, 2009

Resources Connection Inc. (NASD: RECN) announced Thursday it is acquiring public relations firm Sitrick And Company Inc. and corporate restructuring advisory firm Brincko Associates Inc. Resources said adding the firms will help give it an entrée into the corporate restructuring and advisory mar...


Buyers want partnership?

October 30, 2009

What does it mean when a staffing buyer uses the term "partnership?" Does it just mean bill rate reductions? Senior Research Analysts Sona Sharma writes on the subject in The Contingent Blog. For the full blog, click here.


AlphaStaff buys Selective HR Solutions

October 30, 2009

AlphaStaff Group Inc., a Fort Lauderdale FL-based professional employer organization, struck a deal to acquire Selective HR Solutions Inc., the PEO subsidiary of the Selective Insurance Group Inc. The deal is expected to close by Jan. 1, according to Selective Insurance. AlphaStaff will pay Sele...


AlphaStaff buys Selective HR Solutions

October 30, 2009

AlphaStaff Group Inc., a Fort Lauderdale FL-based professional employer organization, struck a deal to acquire Selective HR Solutions Inc., the PEO subsidiary of the Selective Insurance Group Inc. The deal is expected to close by Jan. 1, according to Selective Insurance. AlphaStaff will pay Sele...