Total compensation up by median 8% for top staffing execs at publicly traded firms

Total compensation rose by a median 8.0% to $1.4 million for the top two executives at a selection of 23 publicly traded firms based in the US and Canada, according to a report released last month by Staffing Industry Analysts. Data for the report was prepared by Equilar, an executive...

Workable raises $50 million, aims to automate recruitment for small-, mid-sized firms

Recruitment software firm Workable Inc. announced that it raised $50 million in a series C funding round. This brings total funding to $84 million at the Boston-based firm which focuses on serving small- and medium-sized businesses.

The company says its software uses AI to automate the recruiting process...

US leading index suggests rapid growth pace may have peaked

The Conference Board’s US Leading Economic Index edged up only 0.1% in October from September to a reading of 112.1 (2016 = 100), following 0.6% increase in September, and a 0.5% increase in August.

“The US [Leading Economic Index] increased slightly in October, and the pace of improvement slowed...

Strong job growth in Mexico: Dallas Fed

Job growth remains strong in Mexico, according to an update on the Mexican economy by the Federal Reserve Bank of Dallas.

Formal sector employment in Mexico — jobs with government benefits and pensions — grew at an annualized rate of 3.0% in September, falling slightly below the post-recession...

People: PeopleScout, TriNet, TechServe, ZipRecruiter and more

PeopleScout, a division of TrueBlue (NYSE: TBI) that provides MSP and RPO services, appointed Guy Bryant-Fenn as managing director of its Asia-Pacific region. Bryant-Fenn has designed and developed talent management solutions that span both RPO and managed service provider services across the Asia-Pacific...

Next SIA Americas Daily News on Monday

The Americas SIA Daily News will not publish Thursday and Friday because of the Thanksgiving Day holiday. The next issue will be published Monday.

Private equity firm acquires Surge Resources, a New England-based PEO

Private equity firm GPB Capital Holdings LLC acquired a majority stake in Manchester, NH-based professional employer organization Surge Resources. The transaction closed Oct. 30.

Surge targets small and medium-sized businesses located in New Hampshire, Massachusetts, Vermont and Maine....

Freelancer.com buys online freight platform; creates Freightlancer.com

Freelancer Ltd., the operator of online staffing firm Freelancer.com, acquired Channel 40, an online marketplace that connects freight owners with transport operators. Freelancer.com said the acquisition paved the way for the launch of Freightlancer.com.

The transaction closed Nov. 19; terms were not...

IT staffing provider TSR delays annual meeting amid shareholder suits

IT staffing provider TSR Inc. (NASD: TSRI) postponed its annual meeting of stockholders, originally scheduled for Nov. 28, as it confronts both a proxy battle and two lawsuits. A new meeting time is still to be announced.

The board said additional time is needed to review and respond to proposals from...

Proposed change in temp-worker H-2B and H-2A visa advertising rule

Employers seeking temporary nonagricultural workers through the H-2B visa program would be required to post advertisements for the jobs online for at least 14 days under a rule proposed by the US Department of Labor and the US Department of Homeland Security. This would replace a current rule that...