Daily News
TSR board approves shareholder rights plan, also known as a ‘poison pill’
August 31, 2018IT staffing provider TSR Inc.’s (NASD: TSR) board on Wednesday approved the adoption of a stockholder rights agreement, sometimes referred to as a “poison pill,” to thwart a potential hostile takeover. The plan will take effect if a person or group acquires more than 5% of TSR shares in a transaction...
Candidates are also consumers: ManpowerGroup
August 31, 2018A positive candidate experience makes individuals more likely to purchase an organization’s products or services and satisfied customers are more likely to work for companies whose products and services they use, according to new research from ManpowerGroup Solutions. Conversely, lack of transparency...
EEOC sues Adecco after worker not offered food packaging/distribution job
August 31, 2018The US Equal Employment Opportunity Commission filed a lawsuit against Adecco USA Inc., alleging it violated the Americans with Disabilities Act by not offering a candidate employment at a production facility based on his disability.
According to the EEOC’s lawsuit, in April 2016, a worker with learning...
Labor Department group updating joint-employer regulation (Bloomberg Law)
August 31, 2018A small group of political hires at the US Department of Labor is working to update the department’s approach to “joint employer” liability, sources familiar with the situation told Bloomberg Law. The department plans to restrict the scenarios in which one business is legally responsible for wage-and-hour...
People: Kelly, Hays, Snag, Major, Lindsey & Africa, and more
August 31, 2018Kelly Services (NASD: KELYA) appointed Al Sowers to VP and practice leader of Teachers On Call, a Kelly Services company. Sowers joined Kelly more than 30 years ago and has held various positions in operations management. He most recently was VP of the North sector - US operations, where...
Hays revenue up 13% for fiscal year, sees strong conditions
August 30, 2018Hays plc, the world’s sixth-largest staffing firm, reported strong growth in its global operations in its fiscal year ended June 30. Turnover, or revenue, at the London-based firm rose 13% both on an actual and “like-for-like” basis, which measures organic growth of continuing operations at constant...
Adecco’s North America regional head to step down; firm announces new exec, other changes
August 30, 2018The Adecco Group named a new executive to oversee its North America, UK and Ireland operations when present leader John Marshall, who served 20 years at Adecco, steps down on Dec. 31 from the role of regional head of North America, UK and Ireland.
Sergio Picarelli will take over Marshall’s...
Harvey Nash revenue up 25% in first half of year
August 30, 2018Global staffing provider Harvey Nash Group plc, a UK-based staffing provider with US operations, reported in a “trading update” today that revenue for the six months ended July 31 rose to £527 million (US$692 million), up 24.9% from the same period in the prior year. The company attributed the increase...
Most recruiters say job more difficult, skilled labor shortage
August 30, 2018Most recruiters, 62%, say their job is more difficult today than it was a year ago, according to a survey released today by Monster Worldwide Inc. This continues an ongoing trend as 67% said their job is more difficult than it was five years ago.
Additionally, 59% of respondents said it is more difficult...
Staffing CEO faces visa fraud charges
August 30, 2018The CEO of two Bellevue, Wash., IT staffing providers was arrested this week on a charge relating to a visa fraud scheme, the US Attorney’s Office announced. Pradyumna Kumar Samal served as CEO of Divensi and Azimetry, which supplied IT workers such as software development engineers to major corporate...