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Corporate Resource Services gets CRO to oversee sale, audit committee resigns

February 12, 2015

Corporate Resource Services (NASD: CRRS) appointed a chief restructuring officer to oversee a possible sale of the company under an agreement with funder Wells Fargo, according to filings with the US Securities and Exchange Commission. In addition, Corporate Resource Services’ CFO and several boa...


TriNet’s employment index up 12% over year

February 12, 2015

The TriNet SMBeat employment index rose 1.1% in January to 182 from 180 in December. The index is up 12% compared to January 2014.The hiring rate index edged down to 68 from 69 in December, while the termination rate index slipped to 54 from 56.“The January SMBeat Employment Index indicates that...


Jobless claims average falls, total claims rise 25,000

February 12, 2015

The US four-week moving average of initial claims for unemployment insurance last week fell by 3,250 to a total of 289,750 from the previous week’s upwardly revised average of 293,000, according to seasonally adjusted numbers released today by the US Department of Labor.The four-week moving avera...


Beware the urge to counteroffer — Staffing Stream

February 12, 2015

Losing a key employee can spell misery for anyone who runs a recruiting firm, writes Tony Lee in The Staffing Stream. However, Lee, chief alliance officer of Adicio and publisher of CareerCast and the Jobs Rated report, warns against making a counteroffer to keep that employee on board since that...


Kforce revenue rises 13%, posts Q4 net income

February 11, 2015

Kforce Inc. (NASD: KFRC) reported fourth-quarter revenue rose 13.0%. The Tampa, Fla.-based professional staffing provider reported net income of $8.9 million compared to a net loss of $8.2 million in the year-ago quarter. The fourth quarter of 2013 had included a $14.5 million charge related to g...


Select Staffing completes EmployBridge acquisition

February 11, 2015

The Select Family of Staffing Companies’ $410 million acquisition of EmployBridge is complete, Morgan Stanley Global Private Equity announced. Select ranked as the 10th-largest US staffing and talent engagement firm, and EmployBridge ranked as the 17th-largest. Both companies also rank on the lis...


US adds 129,500 tech jobs, now almost 6% of private sector workforce

February 11, 2015

The US technology industry added 129,600 jobs in 2014 when compared to 2013 for a total of 6.5 million jobs, according to a new report released by CompTIA. The tech industry now accounts for 5.7% of the entire private-sector workforce.Growth was led by the IT services sector which added 63,300 jo...


Nearly half of millennials to seek new jobs, study says

February 11, 2015

Nearly half of millennials, 43%, plan to actively look for a new job in 2015, according to the study, “Inside the Employee Mindset,” released by Aon Hewitt. The study defined millennials as those born between 1979 and 1996.“It’s not surprising that employees in their mid-20s and 30s are more like...


Medical lab tech tops lists of healthcare job searches

February 11, 2015

Medical laboratory technician ranked as the top medical job searched in January on the website of healthcare staffing firm Aureus Medical Group.The top medical jobs searched include travel and direct hire opportunities within the fields of nursing, imaging, physical therapy and medical laboratory...


Branding in the staffing industry — Staffing Stream

February 11, 2015

Branding is much more than the logo you use. Brand perceptions result from the cumulative touch-points customers have with your company. Your brand is only as strong as the weakest of these client connections. Phil Grabfield, Staffing Industry Analysts’ VP, head of marketing, discusses how these...