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The 25 most powerful in staffing

August 17, 2010

 
Who are the most powerful people in staffing? SI Review's managing editor, Jeff Reeder, writes about SIA's list of the top 25 most powerful people in the staffing industry in The Contingent Blog. For the full blog, click here


General Employment revenue up 52%

August 17, 2010

 
General Employment Enterprises Inc. reported revenue for the quarter ended June 30 was up 52% at $3.8 million compared with $2.5 million generated in the same period last year. Contract service revenue for the quarter was about $3 million, an increase of 100% from the same period last year primarily...


Michael Page up 7.9% in 1H10

August 17, 2010

 
Michael Page International Plc, a U.K.-based professional staffing and direct hire firm, grew its revenue by 7.9% to £393.5 million (USD$590.3 million) for the six months ended June 30. At constant exchange rates, the Group's revenue increased by 6.3%. The company's gross profit was up by 17.2%,...


Fees increase for H-1B, L visas

August 16, 2010

 

President Barack Obama signed into law Friday, Aug. 13, a bill that includes increase in fees for companies that employ professionals on H-1b and L visas.

 

H.R. 6080, which provides $600 million in emergency supplemental appropriations for FY 2010 to secure the Southwest border and enhance Federal...


Study shows rebound in executive search

August 16, 2010

 
Quarterly growth in the executive search market was at its highest in the second quarter since the low point in the recession 15 months ago, according to a report by the Association of Executive Search Consultants (AESC).
 
The report shows a quarter-on-quarter 12% growth rate in net revenue worldwide...


U.S. average hourly earnings up year over year

August 16, 2010

 
Average hourly earnings rose to $19.04 in July from $18.62 in June 2009 for private sector production employees and nonsupervisory employees in service-providing industries, according to The U.S. Bureau of Labor Statistics. On a month-over-month basis, July 2010 earnings were unchanged.
The average...


TeamStaff revenue down 4.8%

August 16, 2010

 

Somerset NJ-based healthcare and logistical staffing firm TeamStaff Inc. reported revenue of $10.1 million for the quarter ended June 30. Revenue for the quarter was down 4.8% from $11.3 million in the comparable quarter last year. Sequentially, revenue was up 3.1% from $9.8 million in the previous...


Forecasters: U.S. economic outlook weakens

August 13, 2010


The U.S. economic outlook appears weaker now than three months ago, according to the third-quarter Survey of Professional Forecasters released today by the Federal Reserve Bank of Philadelphia.

Estimated third-quarter U.S. job growth was revised down to only 8,000 new jobs per month in the new report...


Randstad to buy Japan's FujiStaff

August 13, 2010


Randstad Holding NV announced plans today to pay approximately 13.7 billion yen (US$160.0 million) to acquire the remaining shares it doesn't already own in Japanese staffing firm FujiStaff Holdings Inc.

FujiStaff ranks No. 38 on Staffing Industry Analysts' 2010 list of largest global staffing firms...


Adecco announces executive promotions

August 13, 2010


Adecco Solutions, the managed services and RPO division of Adecco SA, announced several executive promotions.

Steven Hinckley was promoted to president and chief operating officer of global solutions at Adecco Group. Hinckley previously served as executive VP of Adecco Solutions.

Michael Beygelman...