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Randstad completes Monster acquisition

November 1, 2016

Randstad Holding nv today announced it completed its acquisition of Monster Worldwide Inc. (NYSE: MWW). The deal gave Monster an enterprise value of approximately $429 million, and Monster will continue operating as a separate and independent entity under the Monster name.

As a result of the acquisition,...


Healthcare Staffing Summit: Misconceptions about buyers

November 1, 2016

When it comes to healthcare staffing, it appears that staffing suppliers may have some misconceptions about what staffing buyers want.

For example, while saving money is important, it’s not always about the lowest price, said Kristen Mussman, national program director, operations — Contingent Talent...


More focus on IT workforce planning may be needed, TEKsystems survey finds

November 1, 2016

Most IT workforce planning efforts take a quarterly approach, and there is a high dependence on quickly assembling “flash teams” to get projects done, according to a survey of 300 IT leaders by TEKsystems. But putting more focus on workforce planning may help companies ensure they have the right...


ISM manufacturing index hits three-month high (MarketWatch)

November 1, 2016

MarketWatch reports American manufacturing activity grew slightly faster in October and put more people to work for the first time in four months, a hopeful sign for an industry that has struggled to grow over the past year and contributed to a slowdown in the US economy. The Institute for Supply Management’s...


Global Power 100 list of Women in Staffing now online

October 31, 2016

The 2016 Global Power 100 — Women in Staffing list is now online. This is a list of the 100 most influential women in the North American and European staffing industries.

It’s a shoutout to those women who have made a difference in the industry and their achievements.

This is the second year that Staffing...


Randstad completes Monster tender offer, deal to close Tuesday

October 31, 2016

Randstad Holding nv on Friday completed its tender offer to acquire outstanding shares of common stock of Monster Worldwide Inc. (NYSE: MWW). The merger of the firms, first announced in August, is expected to occur on Tuesday, and Monster will become a wholly owned subsidiary of Randstad. The deal had...


Private equity firm to acquire TeamHealth in $6.1 billion deal

October 31, 2016

Team Health Holdings Inc. (NYSE: TMH), a clinical outsourcing provider in healthcare, entered into a definitive agreement to be acquired by funds affiliated with global asset manager Blackstone and certain co-investors in a transaction valued at approximately $6.1 billion.

Team Health operates healthcare...


Bachelor’s degree average starting salary up 3.8%, computer sciences grads post highest pay

October 31, 2016

The average salary for class of 2016 grads with bachelor’s degrees rose 3.8% compared to the class of 2015, according to preliminary salary survey data released by the National Association of Colleges and Employers. NACE’s Fall 2016 Salary Survey found the overall average salary for the class of...


Silicon Valley survey finds 49% expect Q4 hiring needs to rise

October 31, 2016

Despite the rattling effect of recent layoffs at a few tech firms in Silicon Valley, employers in California’s Silicon Valley have optimistic hiring plans for the fourth quarter, according to West Valley Staffing Group’s latest Silicon Valley economic forecast survey.

The quarterly survey found 49.0%...


DOJ toughens stance on certain employment-related agreements between competitors (JD Supra Business Advisor)

October 31, 2016

The Antitrust Division of the US Department of Justice and the Federal Trade Commission on Oct. 20, jointly released Antitrust Guidance for Human Resource Professionals, cautioning employers about potential serious antitrust consequences if they enter certain employment-related agreements with competitors,...