Daily News

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

Survey: Seasonal work is top reason for hiring contingents

November 3, 2009

The most-cited reason for using contingent labor by companies around the world is to complete work during peak seasonal periods, according to a survey released by Manpower Inc. (NYSE: MAN). Nineteen percent of firms surveyed cited it as the primary reason they use contingent labor. The next-most...


Cross Country revenue down 27%

November 3, 2009

Third-quarter revenue fell 27.2% at Cross Country Healthcare Inc. (NASD: CCRN) to $129.6 million from $178.1 million in the third quarter of 2008. Third-quarter nurse and allied staffing revenue at the Boca Raton FL-based healthcare staffing firm fell 50.3% to $64.1 million from $128.9 million i...


Commission sues Administaff, client

November 3, 2009

The U.S. Equal Employment Opportunity Commission announced a lawsuit against Administaff Inc. (NYSE: ASF), a Texas-based professional employer organization, and Conn-X LLC, a cable service provider in the Baltimore area, alleging religious discrimination. While working for Conn-X, Scott Jacobson...


Nesco buys Florida staffing firm

November 2, 2009

Nesco Resource, a Cleveland-based staffing firm, acquired PMH Resources, an engineering and information technology staffing firm based in Orlando FL. Terms of the transaction were not announced. "Nesco Resource has a long-standing tradition of growth through acquisition, and PMH fits very well i...


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...


Nesco buys Florida staffing firm

November 2, 2009

Nesco Resource, a Cleveland-based staffing firm, acquired PMH Resources, an engineering and information technology staffing firm based in Orlando FL. Terms of the transaction were not announced. "Nesco Resource has a long-standing tradition of growth through acquisition, and PMH fits very well i...


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...


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...


FedEx: IRS team withdraws call for assessment

November 2, 2009

FedEx Corp. said Friday an Internal Revenue Service audit team now says the company won't have to pay a tax assessment in regard to FedEx Ground's independent contractors for the 2002 calendar year. FedEx reported in September that the IRS was considering charging the company $14 million in taxe...


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...