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Japan-based staffing firm Persol’s US growth platform TS2 acquires three California staffing firms

February 7, 2018

TS2 Holdings LLC acquired three California companies in the executive recruiting space. The acquisitions include Neohire South, a recruiting company with offices in Santa Monica and Tarzana, Calif., that targets tech and non-tech recruiting for top venture capitalists and technology startups across the...


Upwork ranks Bitcoin skills as fastest-growing on its platform

February 7, 2018

Bitcoin topped online staffing provider Upwork’s fourth-quarter list of the 20 fastest-growing skills in the US freelance job market as the cryptocurrency craze continues. Bitcoin is a cryptocurrency supported by blockchain, a distributed ledger technology.

The Upwork Skills Index calculates year-over-year...


Shiftgig execs discuss leadership change (Entrepreneur)

February 7, 2018

Changing the nameplate on your top executive’s door is never easy, write Shiftgig’s CEO Wade Burgess and co-founder and Executive Chairman Eddie Lou in an Entrepreneur article. The executives discuss the way they approached a leadership change at their on-demand labor marketplace.


Mastech Digital revenue rises in the fourth quarter; IT staffing services up 9.1%

February 7, 2018

IT staffing provider Mastech Digital Inc. (NYSE MKT: MHH) reported revenue rose 24.9% in the fourth quarter to $40.5 million.

(US$ thousands) Q4 2017 Q4 2016  % change
Revenue $40,468 $32,402 24.9%
Gross profit $9,525 $6,398 48.9%
Gross margin 23.5% ...


Resource1 acquires IT staffing firm targeting New York metro

February 7, 2018

Resource1, a national talent acquisition and executive search provider, acquired Carnegie Affiliates, a 40-year-old boutique IT search firm specializing in permanent placements in the New York-metro region.

Both firms have their roots in IT staffing, but Resource1 has also expanded into the executive...


Median base pay for recruiter with three to five years of experience is $45,000: SIA tool

February 6, 2018

The median base salary for a recruiter in the staffing industry with three to five years of experience is $45,000, according to the new US Internal Employee Compensation Estimator 2018 Edition, released last month by Staffing Industry Analysts. However, median total compensation including commissions...


DLH Holdings Corp. reports revenue up 16%

February 6, 2018

DLH Holdings Corp. (NASD: DLHC), an Atlanta-based contractor to the federal government that provides healthcare staffing, reported revenue rose 15.7% in its fiscal first quarter ended Dec. 31. The company attributed the top-line growth to the expansion of services on existing contract vehicles and contribution...


Stock market correction on Monday impacts staffing shares

February 6, 2018

Shares in some of the largest US staffing firms by revenue saw shares fall in Monday’s market correction, according to data from Yahoo.

Robert Half International (NYSE: RHI) closed down 3.25% on Monday, Kelly Services (NASD: KELYA) closed down 0.24%, and ManpowerGroup closed down 4.19%

However, as of...


CEO of defunct gig economy platform WrkRiot pleads guilty

February 6, 2018

The founder and CEO of job-seeking platform WrkRiot pleaded guilty Monday to defrauding several employees of the now-defunct Silicon Valley technology startup company, the US Department of Justice announced.

Isaac Choi — who also went by four other names — pleaded guilty to one count of wire...


Upwork CEO says rethink talent models — Staffing quote of the week

February 6, 2018

“For companies to survive digital transformation they must rethink their talent models. Hiring is hard and will only get harder, with extreme competition for talent and positions at enterprise companies open more than 40 days on average,” said Stephane Kasriel, CEO of Upwork and co-chair of the World...