Randstad Q3 revenue rises, reports stable growth in most regions

Third-quarter revenue at Randstad, the world’s second-largest staffing firm, rose 5% on an organic basis* to €4.98 billion (US$5.60 billion). Revenue growth on an actual basis was 10%. The company reported stable growth in most regions.

In North America, revenue rose 4% on an organic basis. However,...

ManpowerGroup Exec Chairman Jeffrey Joerres to retire

ManpowerGroup Inc. (NYSE: MAN), one of the world’s largest staffing firms, announced Jeffrey Joerres will retire as executive chairman and from the board of directors, effective Dec. 30. CEO Jonas Prising will assume the additional role as chairman.

Joerres, 55, joined ManpowerGroup in 1993. He...

On Assignment Q2 revenue up 29%, including aquisitions

Third-quarter revenue rose 29.3% at On Assignment Inc. (NYSE: ASGN) to $572.1 million. The increase was 30.3% on a constant currency basis.

Excluding acquisitions, third-quarter revenue was $496.4 million, up 12% (or up 13.1% on a constant currency basis).

On Assignment in June acquired Creative Circle...

GDP estimate down to 1.5% for third quarter

US real GDP rose in the third quarter at an annual rate of 1.5%, according to an “advance” estimate issued by the US Bureau of Economic Analysis. It’s below the consensus forecast for 1.7%, and follows an increase of 3.9% in the second quarter.

“The economy is in better shape than captured in...

Canadian salaries to rise 2.6% next year

Canadian organizations plan another year of moderate base salary increases for 2016, according to The Conference Board of Canada’s Compensation Planning Outlook 2016 report released today. The average base salary increase for non-unionized workers is expected to be 2.6% next year, with the lowest increases...

Ciber’s Q3 revenue down 1% in constant currency on UK decline

IT solutions and staffing provider Ciber Inc. (NYSE: CBR) reported third-quarter revenue fell 9% to $192.6 million. Revenue fell 1% on a constant currency basis at the Greenwood Village, Colo.-based firm. Fluctuations in European currencies versus the US dollar continue to impact Ciber’s 2015 results....

Amazon drivers sue claiming misclassification — Web

PCWorld reports Amazon.com has been sued by four delivery drivers in California. The suit alleges the company misclassified its workers as contractors rather than as employees with full benefits.

Barrett revenue up 14% in Q3

Third-quarter net revenue rose 13.9% at Barrett Business Services Inc. (NASD: BBSI). Net income at the Vancouver, Wash.-based provider of staffing and PEO services was $11.6 million, up from a net loss of $37.8 million in the year-ago quarter when the firm recorded an $80.0 million increase to its self-insured...

Mastech Q3 revenue rises 21% with help from IT acquisition

Third-quarter revenue rose 20.7% at IT staffing provider Mastech Holdings Inc. (NYSE MKT: MHH) to $34.63 million. Gross margin also improved.

The company reported demand for its staffing services was up from the previous quarter as it worked Hudson IT client activity for the first full quarter since its...

Performance reviews can have negative impact, TriNet survey finds

Performance reviews negatively impact productivity, morale and talent retention, according to a survey released by PEO services provider TriNet Group Inc. (NYSE: TNET). This is especially true with the younger workforce; the survey found performance reviews drive one in four millennials to search for...