June 22, 2017
We estimate that revenue in the engineering segment declined by 2% in 2016 following a 1% fall in 2015. In our April forecast update, we project growth to slightly accelerate through 2017 as the economic backdrop improves, alleviating companies’ budgetary constraints and thus allowing them to increase spend on attractive engineering investments.
Engineering staffing sector forecast to return to growth in 2017
21 June 2017
We estimate that revenue in the engineering segment declined by 2% in 2016 following a 1% fall in 2015. In our April forecast update, we project growth to slightly accelerate through 2017 as the economic backdrop improves, alleviating companies’ budgetary constraints and thus allowing them to... More
Yoh acquires Silicon Valley-based IT engineering firm
21 June 2017
Yoh acquired Embedded Resource Group Inc., a Silicon Valley-based specialty IT engineering recruitment firm, effective March 31. The acquisition expands Yoh’s IT staffing practice area.
Randstad US names group president for technologies and engineering divisions
21 June 2017
Randstad US named Graig Paglieri group president responsible for the Randstad Technologies and Randstad Engineering divisions, reporting directly to Linda Galipeau, CEO of Randstad North America.
Class of 2017 engineering grads will earn second-highest average salary, report says
21 June 2017
Engineering grads for the class of 2017 will have an average salary of $63,036, making engineering the second-highest paying field for grads and 27% above the average salary, according to a study released by the Hay Group division of Korn Ferry International Inc. (NYSE: KFY).
PE buys $360 million stake in Tata Technologies; engineering services outsourcing expands to more high-end strategic work
21 June 2017
Private equity firm Warburg Pincus is investing about $360 million for an approximately 43% stake in IT services firm Tata Technologies Ltd. The move comes as the outsourcing market has expanded from staff augmentation to more strategic work, according to Tata Technologies CEO and MD Warren Harris.
US Labor department ordered to ‘enforce vigorously’ nonimmigrant visa laws
21 June 2017
US Secretary of Labor Alexander Acosta directed the US Department of Labor to “enforce vigorously” all laws within its jurisdiction governing the administration and enforcement of nonimmigrant visa programs, which include H-1B visas for highly skilled temporary workers.
Wisconsin firm acquires TechRecruiters
21 June 2017
Southeastern Wisconsin staffing agency Nissen Staffing Continuum Inc. announced today that it acquired TechRecruiters.
Employer branding needs a ‘contingency’ plan — The Staffing Stream
21 June 2017
So far, the debate about total talent has focused principally on process and technology, with little if any discussion about employer branding, writes Marisa Kacary, senior VP, global head of marketing for Pontoon in a The Staffing Stream blog post. As organizations transition toward a more flexible... More