Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Synergy says revenue up 74%

January 28, 2010

Synergy Services Corp., a Denver-based provider of independent contractor compliance and payrolling services, said its revenue rose by 74% in 2009 despite the difficult economy. Privately-held Synergy released only percentage revenue increase, not revenue numbers.

Synergy said most of its growth came...

Contract watch: Medefis

January 28, 2010

Medefis Inc. announced it signed an agreement to provide vendor management services, including management of contingent labor from staffing firms, to Genesis Rehab Services, a firm that manages rehabilitation programs for skilled nursing centers, assisted living facilities, hospitals and other facilities....

Atlas sets date for Select merger vote

January 27, 2010

A merger between Koosharem Corp., which does business as Select Staffing, and Atlas Acquisitions Holdings Corp. (AMEX: AXG) is coming for a vote by Atlas shareholders on Feb. 12, the company announced. The deal would take Santa Barbara CA-based Select Staffing public, and Select's executive officers...

Report: Albany Group restructures

January 26, 2010

The Albany Group is going through a restructuring and refinancing process to pay creditors and service debts following difficulties with its U.K. bank affecting some European portions of its operations, according to a report in U.K.-based Recruiter magazine.

Albany is working to transition contractors...

EEOC, Aerotek settle recruiter dispute

January 26, 2010

Aerotek agreed to allow recruiters who are in nonmanagement positions speak with representatives of the U.S. Equal Employment Opportunities Commission privately and without an attorney from Aerotek present as part of an EEOC investigation, the EEOC announced on Monday.

Aerotek allegedly required its...

U.K. temp equality rule goes to Parliament

January 26, 2010

A proposed regulation in the United Kingdom to give temporary workers from employment agencies rights equal to traditionally hired workers was presented to Parliament last week.

Known as the "Agency Workers Directive" it will require equal pay, holidays and working conditions for temporary workers after...

French court upholds euro34.0 million Adecco fine

January 26, 2010

A French appeals court upheld a euro34.0 million (US$48.1 million) fine against Adecco SA, the company reported today.

The fine stemmed from alleged anti-competitive practices that took place between March 2003 and November 2004 in France. Manpower Inc. (NYSE: MAN) and Randstad Holding SA were also...

Staffing firm to pay $20 million in fraud case

January 26, 2010

A judge ordered Staffing Services Inc., a Bellflower CA-based staffing firm, to pay $20 million in restitution after a plea bargain was reached in a workers' compensation fraud case, the California Department of Insurance announced Monday.

Staffing Services allegedly misrepresented the types and number...

General Employment revenue falls 32%

January 26, 2010

General Employment Enterprises Inc. (AMEX: JOB) reported revenue fell 31.7% on a year-over-year basis to $2.0 million in its fiscal first quarter ended Dec. 31, 2009.

The Oakbrook Terrace IL-based staffing firm posted a first-quarter net loss of $589,000 compared with a net loss of $776,000 in the same...

Survey says economy improving, but slowly

January 25, 2010

The U.S. economy continues to improve at a slow rate, and more companies plan to add jobs, according to the latest industry survey released today by the National Association for Business Economics.

"NABE's January 2010 industry survey provides new evidence that the U.S. recovery from the Great Recession...