‘Fabricated résumé’ and academic misrepresentation in misclassification suit — Staffing quote of the week

“In this case, he produced a fabricated résumé. He represented that he got his degree from this three-year program, which he did not complete. That’s dishonest,” US Magistrate Judge Jacqueline Scott Corley told attorney Shannon Liss-Riordan in describing the client in the GrubHub independent...

List ranks largest job boards; global job board revenue up 9%

Global job board revenue rose 9% in constant currency in 2016, reaching $12.4 billion, according to the “Job Board Market Report: 2017 Update,” released by Staffing Industry Analysts. The three largest firms — Recruit, LinkedIn, and SEEK — control more than half of the market.

Staffing Industry...

Allegis Group invests in HiringSolved, an AI system that analyzes data in the hiring process

Allegis Group announced an investment in HiringSolved, a Chandler, Ariz.-based firm that makes artificial intelligence software that aims to use data — such as from applicant tracking systems, candidate relationship management software or human resource information systems — to analyze patterns and...

Hire Dynamics acquires Nashville-based commercial staffing provider

Hire Dynamics, an Atlanta-based commercial staffing provider, acquired Nashville, Tenn.-based Search Group Solutions, effective Oct. 17. The acquisition will bring 20 additional clients and increased reach to Hire Dynamics. 

Search Group Solutions has capabilities in contact center and administrative...

Volt completes sale of quality assurance testing business for $66 million

Volt Information Sciences Inc. (NYSE MKT: VISI) completed the sale of its quality assurance testing business, known as VMC, to Keywords International Ltd., a technical services provider to the global video games industry. Volt announced the $66.4 million cash deal last week, noting the sale helps it...

Department of Labor is filing appeal in order to rewrite overtime rule (The Hill)

The US Department of Labor will appeal a judge’s ruling against an Obama-era overtime rule that would have extended overtime pay to 4 million Americans in order for it to rewrite the rule, The Hill reported.
The judge permanently shot down the rule in a decision earlier this year. The rule targeted...

Uber hires PepsiCo exec as chief legal officer (Fortune)

Fortune reported human cloud, ride-sharing firm Uber hired Tony West as its new chief legal officer to guide the company through its many legal quandaries, filling one of the crucial vacancies in its leadership. West will join Uber next month from PepsiCo, where as general counsel he led a team of lawyers...

Heidrick net revenue up 11% in constant currency; exec search revenue up 13%

Third-quarter net revenue rose 10.6% in constant currency at Heidrick & Struggles International Inc. (NASD: HSII), driven by strong year-over-year growth in executive search. Net revenue exceeded the high end of the company’s guidance of $158 million at the Chicago-based executive search, leadership...

US gross domestic product posts 3% growth in Q3

US real gross domestic product grew at an annual rate of 3.0% in the third quarter, according to the “advance” estimate of GDP growth released today by the US Commerce Department. In the first quarter, real GDP advanced 3.1%.

This is the first time the economy has grown at or above a 3% annual rate...

Average holiday bonus increasing to $1,797 this year but fewer offered, Accounting Principals survey finds

While bonuses are rising in value by 66% this year, they overall are becoming more scarce, according to a survey released by Jacksonville Fla.-based Accounting Principals.

The average holiday bonus this year is expected to be $1,797, up from $1,081 in 2016 and $858 in 2015. However, 63% of HR and hiring...