CIO/CTO tops list of highest tech salaries in 2018

Chief information officers and chief technical officers top this year’s list of highest-paid technology professionals, according to the annual technology salary guide released by Mondo, an IT and digital marketing staffing provider headquartered in New York.

CIO and CTO salaries range from $160,000...

Companies trending toward paid internships, NACE survey finds

Companies increasingly pay college students taking part in internships, according to a report from the National Association of Colleges and Employers.

NACE’s Class of 2017 Student Survey found 61% of graduating seniors took part in an internship or co-op experience during their college careers; among...

Jobless claims moving average rises 3,500

The US four-week moving average of initial claims for unemployment insurance rose to 228,500 last week, up 3,500 from the previous week’s revised average, the US Department of Labor reported. The previous week’s average was revised upward by 500.

The four-week moving average decreases the volatility...

2018 Staffing 100 influencers now online

The Staffing 100 list of the most influential people in staffing is now online. The 100 come from all parts of the workforce solutions ecosystem; the majority of the honorees, however, hail from staffing companies across the US. This seventh annual list of North American leaders gives a contemporary...

GEE Group posts revenue of $45 million in fiscal Q1

GEE Group Inc. (NYSE MKT: JOB) reported revenue rose to $45.2 million in its fiscal first quarter ended Dec. 31.

Recruit revenue up 11% in fiscal Q3; Indeed revenue up 61%

Recruit Holdings Co. Ltd., which ranks as one of the world’s largest staffing firms, reported revenue rose 11.2% as measured in yen in its fiscal third quarter ended Dec. 31, 2017. The Tokyo-based firm owns the Indeed jobs website, and reported fast growth on the site with Indeed revenue rising 60.6%...

Express Employment finds 41% of businesses expect wage increases this quarter

The wage outlook for the first quarter of 2018 is encouraging, according to a survey released today by Express Employment Professionals.

The survey found 41% of businesses surveyed said they expect wages at their company to increase in the first quarter, up from only 34% in a previous survey on the outlook...

Uber revenue up 61%, but reports $4.5 billion loss (Bloomberg)

Human cloud, ride-sharing firm Uber Technologies reported adjusted net revenue rose 61% year over year in the last quarter to $2.22 billion on sales of $7.5 billion, Bloomberg reported. However, the company posted a loss of $4.5 billion. Uber CEO Dara Khosrowshahi was scheduled to speak today at a Goldman...

Exec gets three months prison for staffing scheme (Indianapolis Business Journal)

The Indianapolis Business Journal reported Nimesh Patel, who admitted to participating in a bribery and kickback scheme involving an Indianapolis-based IT consulting and staffing company and a national not-for-profit, was sentenced Friday to three months in federal prison. According to the indictment, Dilip...

Randstad Q4 revenue up 9% organically; Europe drives growth, but US advances more slowly

Randstad Holding NV’s revenue rose across Europe in the fourth quarter, but growth was not as quick in North America. The company today reported total fourth-quarter rose 9% on an organic basis, which excludes the impact of currency, acquisitions and divestitures and adjusts for working days.