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Korn Ferry total fee revenue rises 17% in fiscal Q3

March 7, 2018

Korn Ferry International Inc. (NYSE: KFY) reported total fee revenue rose 17.2%, or 13.1% in constant currency, in its fiscal third quarter ended Jan. 31. The Los Angeles-based provider of executive search and consulting reported the increase was across business lines.

(US$ thousands) Q3 2018 ...


Online job ads fall by 185,700 in February, led by drop in healthcare practitioners and technical ads

March 7, 2018

US online job ads dropped sharply in February, down by 185,700 to approximately 4.7 million, according to The Conference Board’s report on online job ads. The February loss follows a flat January.

Healthcare practitioners and technical ads decreased by 88,500 to a total of 518,200, and ads for...


Professionals in Miami, Nashville and New York most often lose sleep over work

March 7, 2018

Sleepless nights caused by work anxiety are taking a heavy toll on employees, according to a survey by Accountemps, a division of Robert Half International Inc. (NYSE: RHI). The survey found more than four in 10 professionals, 44%, often lose sleep over work.

Professionals in Miami most often...


RCM Technologies Q4 revenue up 16%

March 7, 2018

Fourth-quarter revenue rose 15.5% at RCM Technologies Inc. (NASD GM: RCMT), a Pennsauken, NJ-based staffing provider. However, gross margin narrowed, and the company reported a $3.5 million goodwill impairment charge associated with its IT segment.

(US$ thousands) Q4 2017 Q4 2016 % change ...


US private sector adds fewer jobs in February than previous month, but market still ‘red hot’

March 7, 2018

US private sector employment rose by 235,000 jobs in February, down from the gain of 244,000 in January but still “red hot,” according to the ADP National Employment Report.

“The labor market continues to experience uninterrupted growth,” said Ahu Yildirmaz, VP and co-head of the ADP Research...


Strong economy, strong staffing market; eight trends affecting staffing

March 6, 2018

From the global economy to the gig economy, and from the rise of Asia to the skills shortage, Staffing Industry Analysts released a new report that takes a high-level view of eight trends affecting the staffing industry in 2018.

Here’s a brief look at eight trends affecting staffing this year. The full...


Yoh acquires German IT recruitment firm GECO Deutschland

March 6, 2018

Technology staffing firm Yoh acquired GECO Deutschland, a Hamburg, Germany-based specialty IT recruitment firm. Yoh reported the acquisition expands its IT specialty staffing practice area internationally.

The transaction closed March 1; terms were not disclosed. GECO Asia and GECO Systems were not included...


Less than half of employees say their firms are diversity employers of choice, Randstad US survey finds

March 6, 2018

Less than half of male and female employees consider their companies to be diversity employers of choice at 47% and 45% respectively, according to a survey released today by Randstad US.

The research also found majority of employees, 78%, say a workplace where people are treated equally — regardless...


Trillium buys Florida-based event staffing firm

March 6, 2018

Trillium Staffing acquired Tampa, Fla., based Roy’s Staffing Inc., effective Feb. 5. Trillium reported the acquisition marks the largest expansion into the hospitality staffing and event staffing sector for the Trillium Hospitality brand, which provides servers, bartenders, chefs, cooks, supervisors,...


US wage growth edges up in February, fastest in San Francisco

March 6, 2018

US wage growth accelerated slightly in February, according to data from Glassdoor. The annual median base pay in the US grew 1.0% year over year in February to $51,975, up from the 0.6% revised pay growth in January. Pay growth peaked more than a year ago in January 2017 at a revised 3.4%.

Among the 10...