Four in 10 leave jobs because of lack of access to latest digital tools: Randstad US study

A company’s reputation and utilization of digital tools plays a large role in the attraction and retention of talent, according to Randstad US’s Workplace 2025: The Post-Digital Frontier study, released today. The survey found that four in 10 employees have already left a job because they didn’t...

Private equity firm, management recapitalize staffing firm Brilliant; president takes CEO role

Private equity firm Silver Oak Services Partners LLC leads the recapitalization of Brilliant, a staffing firm targeting the accounting, finance and IT sectors. Management and co-investors also participated in the recapitalization of the Chicago-based firm.

As part of the transaction, Jeff Mariola will...

Former Korn Ferry exec David Nosal in prison after lengthy legal fight

Former Korn Ferry executive David Nosal — who left to start his own firm and ultimately faced criminal charges for accessing a Korn Ferry database — was ordered to prison at a Federal Bureau of Prisons location in Atwater, Calif., according to court records. Nosal is due to be released on Jan. 25,...

Consumer confidence falls in March but remains ‘historically high’

The Conference Board’s consumer confidence index declined in March, following an increase to an 18-year high in February. The index fell to a reading of 127.7 (1985=100) from 130.0 in February.

“Consumers’ assessment of current conditions declined slightly, with business conditions the primary reason...

ASA staffing index hits 10-year high for the same week in March

The American Staffing Association’s staffing index rose 0.7% to a rounded reading of 95 in the week of March 12 to March 18, reaching the best reading for this particular week in 10 years.

Staffing employment rose 2.2% compared to the same week last year.

The index’s four-week moving average...

Thumbtack founder follows advice from Bill Gates – Staffing quote of the week

Thumbtack founder and CEO Marco Zappacosta looks to a quote from Bill Gates to help him stay focused on the long term, he told Entrepreneur in a Q&A. “Originally this was a Bill Gates quote. But somebody once told me that people overestimate what they can do in a year and underestimate what they...

Court rules fired recruiter owes $2.7 million, but fight may not be over (New York Law Journal)

Sharon Mahn, a former recruiter for Major, Lindsey and Africa, was ordered to pay back more than $2.7 million to the executive search firm, according to the New York Law Journal. Major, Linsey and Africa’s lawsuit claimed Mahn, who is CEO of her own firm now, took trade secrets. “We believe the decision...

GDP growth projections now higher for US, gains in jobs expected

Economists surveyed by the National Association for Business Economics increased their growth projections for the US economy in 2018, the association announced today. The median forecast calls for real GDP growth of 2.9% this year, up from the December 2017 estimate of 2.5%.

Real GDP — which grew 1.3%...

Gig work becoming ‘new normal,’ Kelly research finds

Gig work is becoming the new normal, according to the 2017 Gig Economy Talent Manager Research report released today by Kelly Services (NASD: KELYA).

Sixty-five percent of talent and hiring managers surveyed stated the gig economy is rapidly becoming the new normal for how businesses organize...

Paychex revenue up 9% in fiscal Q3; revenue in division that includes PEO up 17%

Revenue rose 9% at Paychex Inc. (NASD: PAYX) in the Rochester, NY-based company’s fiscal third quarter ended Feb. 28. However, revenue rose 17% in the firm’s Human Resource Services segment, which includes the company’s professional employer organization business. Revenue growth in the segment...