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SIA’s 40 under 40 list of industry leaders now online

August 22, 2018

Staffing Industry Analysts’ 2018 40 Under 40 list honoring the workforce ecosystem’s next generation of leaders is now online. In its second year, the list provides a snapshot of the accomplishments and motivations of these industry trailblazers.

“This influential cohort is varied, comprising folks...


TSR net revenue falls 3% in fiscal Q4

August 22, 2018

Net revenue fell 3.1% at IT staffing provider TSR Inc. (NASD: TSRI) in its fiscal fourth quarter ended May 31. Net income increased at the Hauppauge, NY-based company due to a decrease in selling, general and administrative expenses of $210,000 compared with the year-ago quarter resulting primarily from...


Empresaria reports revenue up 5% in constant currency, Americas up 12%

August 22, 2018

Empresaria Group plc, a London-based staffing firm with international operations, reported revenue rose 5% in constant currency to £178.3 million (US$ 201.2 million) in the half-year ended June 30 compared with the same period last year. In the Americas region, revenue rose 11.7% to £21.0 million...


ManpowerGroup appoints global finance exec

August 22, 2018

ManpowerGroup (NYSE: MAN) added Donald Mondano as senior VP, global controller and treasurer, effective Aug. 20, according to a filing with the US Securities and Exchange Commission.

Mondano succeeds executive VP and CFO John McGinnis as ManpowerGroup’s principal accounting officer for purposes...


Average US weekly wage up 3.7% in first quarter

August 22, 2018

The US average weekly wage increased 3.7% year over year to $1,152 in the first quarter, according to data released today by the US Bureau of Labor Statistics.

Among the 349 largest counties in the US, Peoria County in Illinois and Suffolk County in Massachusetts posted the largest year-over-year percentage...


Labor Department reportedly citing Cisco for favoring visa holders over US workers (Bloomberg Law)

August 22, 2018

An audit by the US Department of Labor’s federal contractor watchdog found Cisco Systems Inc. discriminated against US workers by securing visas for foreign workers instead of hiring US citizens for certain jobs and paying the visa holders at a lower rate, sources familiar with the probe told Bloomberg...


Shortage of STEM workers at crisis level, say 20% in survey

August 21, 2018

The shortage of workers in science, technology, engineering and math is at a crisis level, according to two out of five Americans surveyed by Emerson, a St. Louis-based firm that manufactures products and provides engineering services.

Emerson today released the results of its fourth annual STEM survey...


Beeline acquisition now complete

August 21, 2018

Private equity firm GTCR and The Adecco Group completed the sale of VMS provider Beeline to New York-based private equity firm New Mountain Capital LLC.

The deal, announced last month, was subject to regulatory approval. The process is now complete and New Mountain is Beeline’s sole owner, effective...


Private equity firm acquires majority share of ATS provider iCIMS

August 21, 2018

Private equity firm Vista Equity Partners agreed to purchase a majority of the outstanding shares of applicant tracking system provider iCIMS Inc. The transaction is expected to close as soon as approvals are completed.

Susquehanna Growth Equity invested in iCIMS in 2012, with an additional investment...


Pay, shifts and HR policies are top factors in attracting warehouse workers: EmployBridge

August 21, 2018

Wages, shift preferences and more flexible HR policies are the key factors to attracting and retaining hourly warehouse workers, according to the 11th annual Warehouse Employee Opinion Survey released today by EmployBridge.

Pay ranked as the single most important factor for the 11th consecutive year among...