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Most expect new grads to stay on job for less than a year

October 22, 2014

More than three quarters of Express Employment Professionals franchisees, 77 percent, expect recent college grads to say on the job for less than a year, according to a new survey released by Express. Only 23 percent think an average grade will stay for more than a year — a similar survey last ye...


Robert Half Q3 revenue rises across brands

October 22, 2014

Robert Half International Inc. (NYSE: RHI), one of the world’s largest staffing firms, reported revenue rose 13.9 percent year over year in the third quarter to $1.22 billion, near the top end of guidance. The increase was 13.4 percent when put in constant currency and adjusted for billing day im...


Robert Half recruiter files overtime suit; in separate case, most of temp’s claims go to arbitration

October 22, 2014

Robert Half International Inc. (NYSE: RHI) was sued Sept. 5 by a recruiting manager in California claiming the company misclassified her and similar employees as exempt from overtime; it seeks class action status and back overtime pay. Also, Robert Half reported in a separate lawsuit — where a fo...


Mastech revenue up 1%

October 22, 2014

Pittsburgh-based IT staffing firm Mastech Holdings Inc. (NYSE MKT: MHH) reported third-quarter revenue rose 1.2 percent year over year to $28.6 million.Demand for IT staffing services remained in-line with activity levels of a quarter ago, according to the company, and Mastech increased its billa...


BG Staffing to trade on NYSE MKT exchange

October 22, 2014

BG Staffing Inc. (OTCBB: BGSF) will list its stock shares on the New York Stock Exchange MKT beginning Oct. 27. Part of the NYSE Group, NYSE MKT provides an equities market for listing and trading of small growth companies.The Plano, Texas-based staffing firm’s common stock will trade on the NYSE...


Employee performance appraisals get mixed reviews, SHRM survey says

October 22, 2014

More than one-half, 53 percent, of human resources professionals gave their organizations a grade between B to C+ for effectively managing employee performance reviews, according to a survey released today by the Society for Human Resource Management. Another 21 percent gave their organizations a...


ManpowerGroup revenue rises 4%, still seeing growth opportunities

October 21, 2014

ManpowerGroup (NYSE: MAN) reported revenue rose 4.4 percent (4.6 percent in constant currency) in the third quarter to $5.42 billion. US revenue at the Milwaukee-based staffing firm also rose year over year in the third quarter ended Sept. 30.In the US, third-quarter revenue rose 5.1 percent to $...


Feds will likely cut ‘minimum value’ health plans without hospitalization under ACA

October 21, 2014

The federal government may disallow a type of healthcare plan that cuts costs and allows staffing firms to avoid penalties under the Affordable Care Act when employer mandates take effect next year.In question are “minimum value plans” (MVP) that don’t cover in-patient hospital costs. Such plans...


CTG revenue falls 4%, healthcare revenue lower

October 21, 2014

CTG (NASD: CTG), a Buffalo, N.Y.-based information technology services company, reported third-quarter revenue fell 3.9 percent year over year to $96.8 million. Third-quarter results reflected lower revenue in CTG’s healthcare business offset in part by higher revenue from its staffing and Europe...


Staffing 360 acquisitions boost revenue to $33.4 million

October 21, 2014

Staffing 360 Solutions Inc.’s (OTCBB: STAF) acquisition strategy fueled its growth. Net revenue rose to $33.4 million in its fiscal first quarter ended Aug. 31, up from $1.3 million in last year’s first quarter.However, Staffing 360 reported a first-quarter net loss of $4.7 million compared with...