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PEO revenue rises 10% at ADP in fiscal Q1

October 31, 2018

PEO revenue rose 10% at ADP (NASD: ADP) in its fiscal first quarter ended Sept. 30. Total revenue was up 8%, or 7% when adjusted for constant currency and organic growth. The Roseland, NJ-based firm provide PEO and other services such as payroll processing.

(US$ millions) Q1 2019 Q1 2018 % change ...


US private-sector job growth bounces back in October, adds 227,000 positions: ADP

October 31, 2018

The US private sector added 227,000 jobs in October, according to the ADP National Employment Report. That’s up from 218,000 in September and 162,000 in August.

“The job market bounced back strongly last month despite being hit by back-to-back hurricanes,” Mark Zandi, chief economist of Moody’s...


Healthcare Staffing Summit begins next week amid transformative time

October 31, 2018

The latest trends in healthcare staffing — from travel nursing to the human cloud — will be discussed next week at Staffing Industry Analysts’ annual Healthcare Staffing Summit in Denver. The theme is “Outperforming a Challenging Market,” and it takes place amid what some believe is a transformative...


Death of temporary worker prompts discussion on plans to drop Ontario Bill 148 (CityNews)

October 31, 2018

A temporary worker’s death in Ontario has prompted some politicians to raise concerns about the provincial government’s plan to scrap Ontario Bill 148, CityNews reported. The law covered safety issues as well as mandated equal pay for temporary workers and a C$15 minimum wage. The worker’s recent...


Heidrick Q3 revenue up 18.5% in constant currency, exceeds guidance

October 30, 2018

Net revenue rose 18.5% in constant currency at Heidrick & Struggles International Inc. (NASD: HSII) in the third quarter, driven in part by higher search confirmations, revenue per executive search and record annualized productivity of $2.0 million per search consultant.

Net income at the Chicago-based...


BG Staffing’s revenue rises 8% on growth in real estate, light industrial segments

October 30, 2018

Revenue at BG Staffing Inc. (NYSE MKT: BGSF) rose 8.1% in the third quarter and gross margin improved. Revenue increased in the Plano, Texas-based staffing provider’s real estate and light industrial segments; however, revenue fell in its professional staffing segment.

(US$ thousands) Q3 2018 ...


PEO TriNet reports revenue up 7%

October 30, 2018

Third-quarter revenue rose 7% at professional employer organization TriNet Group Inc. (NYSE: TNET). Net income rose 19% year over year at the Dublin, Calif.-based firm, but the average number of worksite employees fell 2% to approximately 318,000.

(US$ millions) Q3 2018 Q3 2017 % change ...


Consumer confidence hits 18-year high, bolstered by strong jobs growth

October 30, 2018

The Conference Board’s consumer confidence index increased again in October following a modest improvement in September. The index rose to a reading of 137.9 (1985=100), up from 135.3 in September. The index remains at levels last seen in September 2000, when it was 142.5.

“Consumers’ assessment...


Job seekers in the driver’s seat, high expectations for recruiting and onboarding experiences: CareerBuilder

October 30, 2018

Candidates today have higher expectations for communication, logistics and new hire onboarding during their job search process, according to a survey released today by CareerBuilder and SilkRoad.

The research found 68% of employees believe their experience as a job candidate reflects how the company treats...


Average starting salaries show little change for 2018 bachelors’ grads at $50,004

October 30, 2018

Salaries for the class of 2018 show little change from that paid to their class of 2017 counterparts, according to preliminary salary survey data released by the National Association of Colleges and Employers.

NACE’s Fall 2018 Salary Survey found the overall average salary for the class of 2018 is $50,004, down...