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BG Staffing reports Q4 revenue down 2%

March 2, 2015

BG Staffing Inc. (NYSE MKT: BGSF) reported revenue fell 2.0% year over year in the fourth quarter to $42.9 million, according to a filing with the US Securities and Exchange Commission. However fourth-quarter gross margin improved at the Plano, Texas-based staffing provider.The company provides s...


More insurance firms plan to use temps in 2015

March 2, 2015

More insurance companies plan to use temporary staff in 2015, according to the semi-annual US Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group.The survey found 10% of insurance companies plan to increase their use of temporary staffing in 2015, up from 8% reporting in...


Temp staffing revenue growth maintains pace in January, Pulse finds

March 2, 2015

US temporary staffing revenue rose a median 10% year over year in January among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. The year-over-year pace is unchanged for the fourth consecutive month.“Median year-over-year revenue growth among survey respondents has...


Survey finds more younger physicians practicing as locum tenens

March 2, 2015

A growing number of younger physicians just out of training are practicing on a temporary basis, according to a survey released today by Staff Care, a division of AMN Healthcare Services Inc. (NYSE: AHS).The annual survey polled 2,087 physicians who work as locum tenens, and 21% said they began w...


Korn Ferry completes Pivot Leadership acquisition

March 2, 2015

Executive search firm Korn Ferry International Inc. (NYSE: KFY) announced today it completed the acquisition of Pivot Leadership, a global provider of executive development programs.The definitive agreement to acquire the firm was announced last month; terms were not disclosed. Pivot Leadership,...


Manufacturing indexes for US and Canada decelerate

March 2, 2015

The Institute for Supply Management’s purchasing managers’ index for US manufacturing decelerated to a reading of 52.9 in February from January’s reading of 53.5. February’s reading is the lowest in the last 12 months, but any reading above 50 typically indicates growth.The median forecast in a B...


‘Oh no, not a job order!’ — Staffing Stream

March 2, 2015

Job orders are necessary to make money in the staffing industry, but they can provide a false sense of security, writes Chris Cosmos in The Staffing Stream. Cosmos, founder and managing director of Cosmos Sales Professional, discusses why job orders provide a false sense of security.The Staffing...


Corporate Resource Services sells subsidiary, sends termination notices

February 27, 2015

Corporate Resources Services sold a subsidiary, and separately announced it sent termination notices to approximately 800 customers primarily in California.The New York-based staffing company is being led by a chief restructuring officer to oversee a possible sale of the firm after the PEO it wor...


Kelly Services CFO leaving to join Hershey; controller steps up

February 27, 2015

Kelly Services Inc. (NASD: KELYA), one of the world’s largest staffing firms, announced Patricia Little will step down as the company’s executive VP and CFO, effective March 13 to join The Hershey Company. Olivier Thirot, Kelly’s senior VP, corporate controller and chief accounting officer, will...


BG Staffing makes acquisition

February 27, 2015

BG Staffing Inc. (NYSE: BGSF), a Plano, Texas-based staffing firm, acquired the assets of D&W, a provider of accounting, finance, clerical and administrative resources, according to a filing with the US Securities and Exchange Commission. Willis Group LLC was the sole stockholder in D&W.T...