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Record tenure for CEOs in 2013

April 10, 2014

The percentage of S&P 500 companies that fired their CEO in 2013 was the lowest since 2010, according to the 2014 edition of CEO Succession Practices, a report released Wednesday by The Conference Board.The study found that 23.8 percent of all CEO turnover events reported last year by compani...


Jobless claims average down 4,750; total claims approach seven-year low

April 10, 2014

The U.S. four-week moving average of initial claims for unemployment insurance fell by 4,750 in the week ended April 5 to 316,250 from the previous week’s revised figure of 321,000, according to seasonally adjusted numbers released today by the U.S. Department of Labor.The four-week moving a...


Staffing Stream: Four things your talent won’t tell you

April 10, 2014

Pulling in the top talent isn’t easy, especially for staffing agencies, writes Patricia Hughes in a new post in The Staffing Stream. Hughes, vice president of strategic alliances at Montage, discusses what your potential talent may be thinking but not telling you and some ways to address their co...


Web: Temp workers claim unfair treatment, file lawsuits

April 10, 2014

NBC Chicago reports on several class-action lawsuits currently in U.S. District Court that allege workers are being treated unfairly by temporary staffing agencies. To read the article, click here.


Group of internal workers sue Randstad for overtime pay

April 9, 2014

Four employees of Randstad Staffing in Michigan filed a complaint in U.S. District Court alleging Randstad misclassified workers to avoid paying overtime.The complaint alleges Randstad would classify employees as managers, supervisors or executives, then require them to work in excess of 50 to 60...


IT hiring in Q1 less than predicted, report says

April 9, 2014

Full-time and contingent IT hiring fell short of predictions in the first quarter. Just 35 percent of IT leaders indicated hiring increased in the first quarter for full-time IT staff and contingents, according to survey results from TEKsystems. However, 47 percent forecast hiring of full time wo...


Web: Temporary workers, risky situations

April 9, 2014

Human Resource Executive reports temporary workers are much more likely to be injured on the job than their permanent counterparts. To read the article, click here.


CEO confidence at two-year high

April 9, 2014

CEO confidence rose again in the first quarter after posting an increase in the fourth quarter of last year. The Conference Board’s and PwC Network’s measure of CEO confidence rose to a level of 63 in the first quarter from 60 in the fourth quarter.“CEO confidence rose to a two-year high, with bo...


Rhode Island metro posts highest jobless rate

April 9, 2014

The Providence-Fall River-Warwick area in Rhode Island and Massachusetts posted the highest unemployment rate in February, 9.7 percent, among all large metropolitan areas with populations of 1 million or more, the U.S. Bureau of Labor Statistics reported today.The New Orleans-Metairie-Kenner area...


Staffing Stream: Workplace harassment, discrimination

April 9, 2014

Harassment and discrimination violations can cause major damages to an organization, and not just legal costs, writes Jimmy Lin in a new post in The Staffing Stream. Lin, vice president of product management and corporate development at The Network, discusses how to instill an ethical culture whe...