Heidrick net revenue up 11% in constant currency; exec search revenue up 13%

Third-quarter net revenue rose 10.6% in constant currency at Heidrick & Struggles International Inc. (NASD: HSII), driven by strong year-over-year growth in executive search. Net revenue exceeded the high end of the company’s guidance of $158 million at the Chicago-based executive search, leadership...

US gross domestic product posts 3% growth in Q3

US real gross domestic product grew at an annual rate of 3.0% in the third quarter, according to the “advance” estimate of GDP growth released today by the US Commerce Department. In the first quarter, real GDP advanced 3.1%.

This is the first time the economy has grown at or above a 3% annual rate...

Average holiday bonus increasing to $1,797 this year but fewer offered, Accounting Principals survey finds

While bonuses are rising in value by 66% this year, they overall are becoming more scarce, according to a survey released by Jacksonville Fla.-based Accounting Principals.

The average holiday bonus this year is expected to be $1,797, up from $1,081 in 2016 and $858 in 2015. However, 63% of HR and hiring...

People: Hays, TriNet, PrincetonOne, Belcan, PrideStaff, Vaco and more

Hays Talent Solutions appointed Kimball Norup as the new senior VP, head of growth, for Hays Talent Solutions Americas, the outsourced resourcing division of the specialist recruitment agency. He will work with the firm’s leadership to build the strategic plan for the expansion of Hays Talent Solutions...

Former director at legal search firm out after sexual harassment complaint (New York Law Journal)

In a complaint filed Wednesday, a managing director in national legal recruiting firm Wegman Partners’ New York office alleges she was “subjected to an astounding barrage of groping and sexually explicit and derogatory comments, texts, emails, and signs by her boss,” Scott Legg, who led Wegman’s...

Waste industry sees opportunities to reverse Browning-Ferris joint employer standard (Waste Dive)

The waste industry is cautiously optimistic about multiple openings in the near future to reverse a controversial joint employer standard ruling by the National Labor Relations Board in 2015 on Browning-Ferris Industries in California, Waste Dive reports. Meanwhile, supporters of the ruling are fearful...

On Assignment revenue up 7% in same billing day, constant currency basis; growth is in Apex division

Third-quarter revenue at On Assignment Inc. (NYSE: ASGN) rose 6.6% on a same billing-day, constant currency basis. Gross margin narrowed and net income increased at the Calabasas, Calif.-based provider of technology, life sciences and creative staffing.

Revenue in On Assignment’s Apex division rose...

Groupe Crit, a France-based staffing provider with international operations, reports Q3 revenue up 7% like-for-like

Workforce ecosystem firm Groupe Crit reported third-quarter revenue rose 7.3% on a like-for-like and constant currency basis to €627.6 million (US$740.6 million); revenue was up 11.1% on a reported basis. The Paris-based company has staffing operations in Europe and elsewhere, and it owns South Bend,...

CareerBuilder appoints new president and COO; former ADP exec to take chief product officer role

CareerBuilder LLC appointed Irina Novoselsky to its senior leadership team as president and chief operating officer. The job board operator also named Humair Ghauri as chief product officer.

The announcements come after an investor group closed in early August on its acquisition of a majority of the outstanding...

Jobless claims average falls by 9,000, hurricanes still affecting claims-taking procedures

The US four-week moving average of initial claims for unemployment insurance fell to 239,500 last week, down 9,000 from the previous week’s revised average, according to seasonally adjusted numbers released today by the US Department of Labor. The previous week’s average was revised upward by 250....