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ManpowerGroup finance exec retires

November 29, 2016

ManpowerGroup (NYSE: MAN) announced Michael Van Handel will retire from his role as senior executive VP, effective Feb. 15. His retirement completes a succession process that began near the start of this year, with the appointment of Jack McGinnis as executive VP and CFO.

Van Handel, who has been with...


Monster names new CEO

November 29, 2016

Monster Worldwide Inc. appointed Mark Stoever as CEO, effective Dec. 1. He succeeds Tim Yates, who is departing Monster after serving as CEO for the last two years.

Yates will continue to serve on company boards and be active in private investments.

Stoever joined the company in July 2005...


US hiring managers more cautious on hiring in first half of 2017, survey finds

November 29, 2016

Most US hiring managers are more cautious with hiring plans than in the past two years, according to the annual hiring survey released today by job board operator DHI Group Inc. (NYSE: DHX). While the survey found 56% of hiring managers in the US anticipate more hiring in the first half of 2017 as compared...


Consumer confidence jumps in November; job outlook more optimistic

November 29, 2016

The Conference Board’s consumer confidence index rose significantly in November after posting a decline in October. The index rose to a reading of 107.1 (1985=100), up from 100.8 in October.

“Consumer confidence improved in November after a moderate decline in October, and is once again at pre-recession...


Infosys COO on Trump-era ‘protectionism’ — Staffing quote of the week

November 29, 2016

Anticipating a more protectionist US technology visa program under a Donald Trump administration, India’s $150 billion IT services sector will speed up acquisitions in the United States and recruit more heavily from US college campuses, Fortune reported. “The world over, there’s a lot of protectionism...


Accenture CEO explains why she banned corporate memos (CNBC)

November 29, 2016

When Julie Sweet became the CEO of Accenture’s North American business in 2015, she made her mark on the $16 billion operation, CNBC reports. Some of the changes Sweet ushered in were big, such as leading important acquisitions for the global professional services business. Other changes were smaller,...


CFO survey finds mismatched skill sets are top reason for failed hires

November 28, 2016

Aside from poor performance, executives at firms of all sizes cited a mismatched skill set as the leading contributor to hiring failures, according to research released today by Robert Half Finance & Accounting.

Nearly four in 10 US CFOs interviewed, 38%, responded this way, up two percentage points...


Ciber receives NYSE delisting notice

November 28, 2016

IT solutions and staffing provider Ciber Inc. (NYSE: CBR) received notice on Nov. 17 from the New York Stock Exchange that it is not in compliance with the continued listing standard, which requires that the average closing price of a listed company’s common stock be above $1.00 per share for any period...


Uber drivers to join Tuesday’s ‘Fight for $15’ strike

November 28, 2016

A nationwide “Fight for $15” day of disruption scheduled for Tuesday now includes strikes by Uber drivers in two dozen cities, as well as by baggage handlers and cabin cleaners at Chicago O’Hare International Airport, hospital workers in Pittsburgh and McDonald’s and other fast-food cooks and...


Sales incentive compensation shifting to include team and corporate performance, study finds

November 28, 2016

US companies are putting less emphasis on individual performance and increasing the emphasis on organizational success when determining incentive compensation packages for sales roles, according to a study by the Hay Group division of Korn Ferry (NYSE: KFY).

The study analyzed individual contributor sales...