Recent Updates

North American Listed Staffing 4Q14 Financial Results

March 24, 2015

  • Among 24 publicly traded North American staffing companies, 4Q14 revenue increased by a median 5.4% year-over-year.
  • Seventy-five percent experienced positive y/y revenue growth, down from 3Q14's 89%.
  • Seventy-one percent reported positive net income, down from 78% in 3Q14.

Benchmarks: Projected CW use, APAC

March 18, 2015

In our 2014 Contingent Buyers Survey for the Asia/Pacific region, we asked respondents what share of their total workforce was made up of contingent workers. We also asked for short-term and long-term projections. 

Uber and Lyft IC classification cases to go to juries

March 18, 2015

Last week, judges in two independent contractor classification suits — those against Uber and Lyft — said juries must determine plaintiff’s employment status. The cases can have far-reaching repercussions for online staffing platforms and companies that use them and 1099 workers.

What can you do for your country? Hire a vet.

March 18, 2015

The topic of hiring military veterans is gaining more and more attention, and with the coming reduction of forces in Iraq and Afghanistan, more veterans will be home and in need of job search assistance. A panel discussion covered this topic at the Staffing Industry Executive Forum yesterday.

Buyers’ market no more: Time to upgrade the partnership

March 18, 2015

As the economy shifts and talent and suppliers have more choices, they may start to look for better options. Now’s the time to examine your processes and relationships to ensure you are a preferred client.

Group warns of ACA-related workers’ comp uptick

March 17, 2015

According to the Workers Comp Research Institute, some affordable care organizations are classifying an increasing number of soft tissue injury cases as workers’ comp injuries, a practice that could be costly for employers.  

Visas Oversubscribed? Demand for H-1Bs to outstrip supply

March 17, 2015

The US Citizenship and Immigration Services expects demand for H-1B visa to exceed supply again this year, triggering another lottery for the coveted documents and leaving many staffing buyers out of luck.

4Q14 IT staffing earnings recap: Steady as she goes

March 11, 2015

IT staffing firms’ operating results for 4Q14 produced few surprises, but earnings calls yielded a few potential concerns.

IT jobs rise by 0.4% in US during February

March 11, 2015

The number of IT jobs in the US rose 0.4% in February from January, according to the TechServe Alliance.

Report says BP to cut IT contractor rates by 15% in UK

March 11, 2015

ContractorUK reported BP plc is cutting the rate it pays IT contractors in the UK by 15%.