System One acquires wireless site acquisition company

Pittsburgh-based staffing provider System One acquired NTP Wireless, a wireless site acquisition company headquartered in Chicago.

NTP Wireless will maintain its brand and will operate as part of MOUNTAIN, LTD., a System One division.

NTP Wireless provides site acquisition services including site identification,...

Toyota invests $500 million in Uber, third parties to operate autonomous fleets

Human cloud/ride-sharing firm Uber Technologies Inc. received a $500 million investment from Toyota Motor Corp. In addition, the two companies are partnering to create an autonomous ride-sharing service fleet.

Technology from each will be integrated into Toyota Sienna Minivans to be deployed on Uber’s...

Workers split on fair pay: Robert Half

On the bright side, almost half of professionals surveyed by global staffing firm Robert Half International (NYSE: RHI) feel they are paid fairly at their jobs. However, on the flip side, about half also think they are underpaid.

The survey found 49% think they are “paid fairly,” and 46% think they...

Fiverr seeks IPO at $1 billion valuation (The Times of Israel)

Online staffing provider Fiverr is reportedly seeking IPO at $1 billion valuation, according to The Times of Israel. Company representatives have been meeting with potential Wall Street underwriters and are targeting the beginning of next year for a share offering on the Nasdaq, TheMarker...

Labor market is ‘imperfectly competitive’ — Staffing quote of the week

Alan Krueger, a former head of the Council of Economic Advisers in the Obama administration, told central bankers gathered in Jackson Hole, Wyo., that economists have to get over the idea that simply supply and demand determines the wage and there is nothing firms can do about it, MarketWatch reported...

Fastest-Growing US Staffing Firms List online; median CAGR 26.9%

This year, 94 companies made Staffing Industry Analysts’ list of Fastest-Growing US Staffing Firms with a median compound average revenue growth rate of 26.9% between 2013 and 2017.

For the 10 fastest-growing firms on the list, the CAGR was 97.8%.

Here are the 10 fastest-growing staffing firms with name,...

More employers offering health insurance

The overall percentage of private-sector employers offering health benefits increased in 2017 for the first time since 2008, according to research from the Employee Benefit Research Institute, a nonprofit research group based in Washington, DC. The research found increases across all sizes of plans.

Between...

Senior living organizations increase use of temp agencies

More than half of senior living organizations, 62%, worked with temp agencies to fill direct-care staff vacancies in 2017, with roughly a quarter of providers using agencies often or always, according to the the Ziegler CFO HotlineSM survey. This is up from the prior year’s survey, when 53% reported...

Senator introduces amendment for contingent workforce benefit concepts (JD Supra)

US Sen. Mark Warner, D-VA, last week introduced an amendment to the pending congressional appropriations package that would establish a $20 million grant program through the Department of Labor for some experimentation with the concept of healthcare, retirement and other portable benefits for the contingent...

Gradual interest rate hikes likely: Federal Reserve Chairman Powell (Bloomberg)

Federal Reserve Chairman Jerome Powell said the strength of the US economic expansion justifies gradually raising interest rates, paving the way for a hike in September and possibly another this year, Bloomberg reported. “There is good reason to expect that this strong performance will continue,”...