Global Daily News

  • 84% of employees just ‘coming to work;’ higher percentage of gig workers fully engaged

    A large majority, 84%, of workers are just “coming to work,” compared to the 16% of workers who said they are “fully engaged,” according to a study released today by the ADP Research Institute that surveyed more than 19,000 employees in 19 countries.The biggest driver of engagement is whether an employee works on a team; members of teams are 2.3 times more likely to be fully engaged, according to the study.It also found that full-time gig workers are more engaged than traditional full-time workers at 21% compared to 15%.“It has been widely reported that companies with high engagement perform better financially, are productive, have lower turnover and greater customer satisfaction,” said Marcus Buckingham, head of people and performance research at the ADP Research Institute. “Our research found that working on a team — regardless of demographics, work status, gig worker or non-gig worker — is the common thread to ensuring a productive and engaged workforce.”Other findings: Employees who trust their team leaders are 12 times more likely to be fully engaged. Nearly a third, 29%, of virtual workers are fully engaged versus 18% who work in an office. The more educated and higher-level the worker, the more engagement occurs. Nearly one fifth, 19%, of those with an advanced degree are fully engaged compared to 12% of those with no college education. Nearly one quarter, 24%, of C-suite/VP-level workers are fully engaged compared to 14% of mid-level and first-level team leaders and 8% of individual contributors. Among the countries surveyed, the United Arab Emirates had the highest percentage of fully engaged employees at 26%. China had the lowest at 6%.In the US and Canada, the percent of engaged employees was at 17% each. In Mexico, the number was 13%. […]

  • SThree gross profit up 10% in constant currency amid international growth

    Staffing firm SThree plc reported net fees, or gross profit, rose 10% on a constant currency basis in the first half of its fiscal year ended May 31. The London-based firm focuses on recruitment in the science, technology, engineering and mathematics fields. The first-half gross profit growth all came in contract staffing; gross profit fell 1% in permanent placement. The growth was also centered in the firm’s overseas operations.“The structural market drivers for STEM recruitment services remain very attractive, and we continue to invest in high-performing teams to driver growth,” Chief Executive Mark Dorman said in a statement. Gross profit (£ millions) H1 2019 H1 2018 % change (constant currency) H1 2019 (US$ millions) Contract £121.1 £106.7 12% £153 Permanent £41.9 £41.7 -1% £53 Total for company £163.0 £148.4 9% £206 By geography, gross profit growth came from outside the UK with gross profit up 13% in the US, up 13% in continental Europe and up 13% as well in Asia Pacific and the Middle East. UK and Ireland gross profit fell 9%. Gross profit by geography (£ millions) H1 2019 H1 2018 % change (constant currency) H1 2019 (US$ millions) Continental Europe £93.9 £83.9 13% $118 US  £35.5 £29.5 13% $45 UK and Ireland £23.8 £26.5 -9% $30 Asia Pacific and Middle East £9.8 £8.5 13% $12 SThree noted permanent placement gross profit in the US fell 10% on a constant currency basis, reflecting leadership and strategic changes made in the first half of the 2018 fiscal year.By industry, energy showed the strongest growth in gross profit, while it fell in banking and finance. Gross profit by industry (£ millions) H1 2019 H1 2018 % change (constant currency) H1 2019 (US$ millions) Information and Communication Technology £73.1 £66.5 11% $92 Life Sciences £31.5 £30.6 6% $40 Banking and Finance £18.8 £20.1 -9% $24 Energy £18.4 £14.0 27% $23 Engineering £16.3 £14.3 14% $21 Other £4.9 £2.9 4% $6 Share price and market capShares in SThree closed up 4.16% to £288.00 in London on Friday; the company had a market cap of £362.09 million, according to FT.com.SThree is not related to Detroit-based Strategic Staffing Solutions (S3). […]

  • Ranking of top cities to find jobs

    The top cities to find jobs were listed in a new blog post by job board Indeed with San Jose, California, ranking as the best city to find a job.Cities were ranked based on competition for jobs, salaries, ratings of companies and the likelihood of unemployment. All the criteria were then boiled down to an overall score with San Jose getting a score of 332.The top 25 cities on the list by rank: San Jose, Calif. San Francisco Boston Birmingham, Ala. Nashville, Tenn. Minneapolis-St. Paul Milwaukee Oklahoma City Washington Salt Lake City Indianapolis San Antonio San Diego Austin, Texas St. Louis Sacramento, Calif. Louisville, Ky. Memphis, Tenn. Virginia Beach, Va. Columbus, Ohio Kansas City, Missouri-Kansas Cincinnati, Ohio Richmond, Va. Miami Providence, RI […]

  • People: Hayes Locums, Finlay James, ZRG, Russell Reynolds, Caldwell, Boyden

    Hayes Locums hired Sandra Adams to fill the new role of general counsel. Adams brings more than 25 years of legal experience to the Fort Lauderdale, Florida-headquartered locum tenens staffing firm.Technology recruitment firm Finlay James appointed Andrew MacAskill as its new chief commercial officer. MacAskill will serve on the Finlay James board alongside owners John and Sara Gaughan and Managing Director James May. MacAskill most recently served as managing director for EO Executives.ZRG Partners, an executive search firm, appointed three new board members: Harold “Hal” Johnson, Loretta Penn and Terry Baker. Johnson was formerly chairman emeritus at Korn Ferry (NYSE: KFY) and global human resources practice leader at Heidrick and Struggles International Inc. (NASDAQ: HSII). Penn was formerly the president of Spherion Staffing Services. Baker presently serves as president of PandoLogic, an AI-enabled, venture-backed recruiting solutions provider.Retained search firm Russell Reynolds Associates named three consultants to its executive committee: Margot McShane, Justus O’Brien and Sachin Rajan.The Caldwell Partners International Inc. (TSX: CWL) named Todd Lingle as a director in Caldwell Advance to be based in the firm’s Los Angeles office. Lingle joins Caldwell after leading global talent acquisition functions at Vistage International and The Predictive Index.Executive search firm Boyden announced that Dan Brown will lead its new office in Saskatchewan, Canada. […]

  • Professional nannies make up to $200,000 per year (CNN Business)

    Some professional nannies are making up to $200,000 per year, and those with specialized qualifications or certifications are particularly in demand, CNN Business reported. “We’ve seen a lot of requests for Mandarin and French speakers in the nanny role. … Lately more than ever people want someone who is tech savvy and nannies who can move into a family assistant role,” Keith Greenhouse, chief executive of household staffing firm Pavillion Agency told CNN Business. […]

  • International recruitment firm, SThree (STHR: LSE) published a trading update for the six months ended 31 May 2019 with group net fees up 9% in constant currency when compared to the same period last year. The company said its performance in the first half of the year was in line with management expectations. Group net fees were consistent across both Q1 and Q2.SThree reported group gross profit for H1 2019 was as follows. (£ million) H1 2019 H1 2018 Change in Constant Currency Contract 121.1 106.7 12% Permanent 41.9 41.7 -1% Group Total 163.0 148.4 11% All year-on-year financial growth reported below is expressed in constant currency.Contract fees represented 74% of group net fees in H1 2019, up from 72% in H1 2018.Continental Europe and USA combined now represent 80% of group contract net fees (H1 2018: 76%). This was in line with the company’s strategy to focus on the world's biggest STEM contract recruitment markets.Within Contract, all regions outside of UK & Ireland reported double digit growth with Continental Europe up 16%, USA up 22% and APAC & MENA up 15%.Permanent net fees were down 1% with UK & Ireland net fees declining, reflecting UK restructuring. The USA saw net fees decline by 10%, reflecting leadership and strategic changes made in H1 2018. The group reported strong growth in DACH (Germany, Austria and Switzerland), the largest permanent region, up 9%. Japan was up 49%.During the period, SThree appointed Mark Dorman as CEO, who took over from previous CEO Gary Elden on 18 March 2019.Mark Dorman commented, "In what is my first trading update with the group, I am pleased with the performance we are reporting today, delivered by a strong and talented team. The benefits of our model and the structural drivers in our markets are seen throughout our results with our key performance indicators demonstrating the continued success of our sector and regional strategic focus. We are particularly pleased to report double digit growth in net fees across three of our four regions and have plans in place to drive growth across them all.”Net Fee Income by Region (£ million) H1 2019 H1 2018 Change in Constant Currency UK & Ireland 23.8 26.5 -9% Continental Europe 93.9 83.9 13% USA 35.5 29.5 13% APAC and Middle East 9.8 8.5 13% All regions delivered double digit growth, with the exception of UK&I which, while net fees were down 9%, the group added that its results are stabilising.The company added that Continental Europe benefitted from an extra working day in Q2 and H1 2019.Net Fee Income by Sector (£ million) H1 2019 H1 2018 Change in Constant Currency ICT 73.1 66.5 11% Banking and Finance 18.8 20.1 -9% Energy 18.4 14.0 27% Engineering 16.3 14.3 14% Life Sciences 31.5 30.6 6% Other 4.9 2.9 4% "The scale of the STEM opportunity is both enormous and growing across our key regions and we are uniquely positioned to benefit from this. With this backdrop, the structural market drivers for STEM recruitment services remain very attractive and we continue to invest in high performing teams to drive growth, in line with our vision to be the number one STEM talent provider in the best STEM markets,” Dorman said."Our deliberate focus on contract, a natural function of our STEM specialism, and the continued strength of our performance across key regions and sectors in our well diversified portfolio, provides resilience in today's more uncertain market conditions, while also delivering strong growth over the medium term. Following the encouraging start to the year, expectations for the full year remain unchanged,” Dorman said.As of last trade, SThree traded at £284.90, up 3.04% on the day and16.29% above the 52 week low of 245.00 set on 28 December 2018. Based on its current share price the company has a market value of £362.09 million. […]

  • Belgium – Impact acquires majority stake in Dutch employment agency Haldu Groep

    Belgian employment agency, Impact, announced that it has acquired a controlling interest in Dutch employment agency Haldu Groep. Financial details of the transaction were not disclosed.Haldu Groep, founded in 2010, through the merger of three employment agencies, specialises in the construction, engineering and automotive sectors. The company recruits a large proportion of its temporary employees internationally. The company had sales of €23 million in 2018.“For Impact, the acquisition of Haldu Groep means an expansion into the Dutch market and fits in with the ambition to be a leading international staffing specialist,” Impact stated. “Access to the construction and infrastructure market in the Netherlands is of strategic importance for Impact in view of the expected workload in the coming years, driven among other things by construction arrears that require a significant influx of technical talent.”Both companies will retain their brand identities.Impact specialises in engineering, construction and office staffing, and recruits both locally and internationally. In 2018, Impact reported sales of €70 million in 2018. […]

  • World – Fiverr begins trading on NYSE; firm ranks as seventh-largest B2B human cloud platform

    Israel-based online staffing platform, Fiverr International, (NYSE: FVRR) began trading yesterday on the New York Stock Exchange.The company priced shares at $2 and reached $41.68 during yesterday’s trading session, according to the Financial Times.The number of shares offered in the IPO was 5,263,158. The company first announced its IPO filing last month.Staffing Industry Analysts ranks Fiverr as the seventh-largest B2B human cloud platform globally.In the 12 months ended 31 March, Fiverr served approximately 2.1 million active buyers from more than 160 countries, according to a filing with the US Securities and Exchange Commission. It had approximately 255,000 active freelancers in that same period from a similar number of countries.The company, which trademarked the word “Gig,” was founded in 2010. Its platform features more than 200 categories of service listings. It aims to enable clients to easily find and purchase services such as logo design, video creation and editing, website development and blog writing, according to an SEC filing. The “gigs” range in price from $5 to thousands of dollars.Revenue growth has been increasing at the company, but it is still posting net losses, according to SEC filings: Fiverr had revenue of $75.5 million last year, an increase of 44.9% from the prior year. However, it posted a net loss of $36.1 million, up from a net loss of $19.3 million in 2017. First-quarter revenue was $23.8 million, a year-over-year increase of 41.9%. It posted a net loss of $8.3 million in the quarter compared to a net loss of $16.3 million in the year-ago quarter. Fiver had 363 internal employees as of 31 March 2019. […]

  • France – Temporary employment down in Q1

    Temporary employment recorded a decrease of 1.7% in the first quarter of 2019 when compared to the same period last year, according to data from the Ministry of Employment, Vocational Training and Social Dialogue (Dares).At the end of the first quarter of 2019, there were 795,100 temporary workers in France, which represents 3.1% of all employees in France.However, when compared to the previous quarter, temporary employment recovered slightly in the first quarter with an increase of 1.0% (+7,700) and was the first increase after four consecutive quarters of decline. This rebound comes mainly from construction (7.2%) and, to a lesser extent, from industry (-0.0 after a 2.1% decline in the previous quarter). However, the decline continued in the tertiary sector (-1.0%, after -0.2%).On average over the first quarter of 2019, temporary working volume, measured in Full-Time Equivalent jobs, declined by 1.3%, after a 1.4% increase in the previous quarter). […]

  • Australia – People Infrastructure resumes trading after halt

    Australia-based workforce management company People Infrastructure resumed trading yesterday on the Australia Securities Exchange after it had requested a trading halt earlier this week.The company requested the trading halt pending the release of its announcement that it had successfully raised AUD 20 million (USD 13.8 million) in new equity via a placement of new fully paid ordinary shares.The placement will result in the issue of 7,407,408 new fully paid ordinary shares in People infrastructure at an issue price of AUD 2.70 (USD 1.86) per share.According to People Infrastructure, the share placement will be supported by a number of existing and new investors. The proceeds will primarily be used to fund further acquisitions in the health and community care business.“We have a number of potential accretive acquisitions in the pipeline, with the funds from the Placement allowing the company to act swiftly in the execution of its growth strategy,” Managing Director, Declan Sherman said.The company added that it will report its results for FY 2019 in late August.“People Infrastructure confirms that the business has traded well throughout the second half of FY 2019 and for the first five months of the second half has been tracking ahead of the first five months of the first half of FY2019,” the company stated.On 3 June 2019, People Infrastructure announced that it acquired Halcyon Knights, an IT recruitment firm based in Australia. […]

  • Malaysia – Jobless rate holds steady in April

    Malaysia’s unemployment rate stood at 3.4% in April 2019, up slightly from 3.3% in April 2018, according to data from the Department of Statistics in Malaysia.The 3.4% unemployment rate was unchanged from the previous two months.The data showed there were 532,300 unemployed persons in April 2019, up from 510,000 in April 2018 and up from 521,300 in March 2019.During the same period, the number of employed persons increased 1.9% to 15.09 million persons in April 2019 compared to April 2018.The labour force participation rate remained at 68.5% since February 2019, but increased 0.3% when compared to April 2018. […]

  • India – Financial services sector expected to add nearly 50,000 new jobs in H1 2020 (Hindu Business Line)

    India’s financial services sector is likely to add 47,800 new jobs in the first half of the financial year 2020 following increasing focus on lending by banks and non-banking financial companies, reports the Hindu Business Line, citing survey data from TeamLease Services. Amit Vadera, TeamLease Services head of BFSI (Banking, Financial Services and Insurance) and government vertical, said an important factor that has helped this sector grow is the penetration into rural markets. TeamLease added that factors such as digitisation of banks will boost the job creation in this sector. Meanwhile, all positions except the senior-levels are likely to witness a robust increase in hiring sentiment. Among cities, Delhi topped the list, closely followed by Mumbai. […]

  • UK-based technology recruitment firm Finlay James appointed Andrew MacAskill as their new Chief Commercial Officer. MacAskill will sit on the Finlay James Board and will deliver key commercial input and guidance on the future strategic direction of the Finlay James Group. In his new role, MacAskill will help with Finlay James’ client acquisition and be responsible for marketing as well as guiding Talentskowt, Finlay James’ sister company, focusing on graduate and entry level sales and marketing roles. He will report into CEO John Gaughan. MacAskill joins from EO Executives where he was most recently managing director for a period of five years. Heidrick & Struggles has elected Adam Warby, CEO of Avanade, as chairman of its board of directors. Warby joined Heidrick’s board in 2018 to sharpen the firm’s focus on its digital transformation. Warby will step down from his role as CEO of Avanade at the end of August. Prior to Avanade, Warby held a number of management roles at Microsoft and earlier, at IBM. UK-based recruitment firm Samuel Knight International has appointed Owen Powys as its new Director of Renewable and Clean Energy, as the firm continues its aggressive five-year growth plan. With an extensive background in renewable energy which includes leadership roles in Fieldcore and Community Windpower Limited, and experience in managing clients across Europe, Powys will bring a wealth of knowledge with him to the role to support the firm’s business growth opportunities. […]

Latest Research

  • Do Temps Recognize Staffing Firm Brands?

    Key Findings: IT, healthcare, and office/clerical temporary workers were asked to identify staffing firm brands relevant to their respective occupations. Each respondent was presented with a list of legitimate staffing brands as well as two fictional staffing brands, and was asked to assign each company to one of several categories: “staffing firm,” “fictional company,” and two other categories that varied by occupation. IT, healthcare, and office/clerical temporary workers were able to correctly identify legitimate staffing firms, respectively, a median 66%, 76%, and 66% of the time. The most recognized brands were: Among IT workers: Kforce, Robert Half International, Insight Global, TEKsystems, and Randstad Technologies. Among healthcare workers: Flexcare Medical Staffing, Trustaff, Aureus Medical Group, Cross Country Healthcare, and Maxim Healthcare Services. Among office/clerical workers: Kelly Services, Office Team, Adecco, Manpower, and Randstad. The top business-related online staffing brand Upwork was also included in this analysis, as it was in 2016 as well. Upwork’s brand recognition improved among both IT and office/clerical temporary workers. Note: Staffing firms commonly employ multiple brands. However, only one brand could be used per company, as survey logistics limited the total number of brands that could be queried. The staffing firms listed here may in some cases have additional brands that are stronger than those tested. To access the complete report, please select the link below: North America TemporaryWorker Survey 2019 To what degree do temporary workers recognize 20190611 - You do not have permission to view this object. […]

  • Workforce Solutions Webinar – Start Your Journey on the Total Talent Continuum

    Sponsored & Presented by Simply Workforce: The concept of Total Talent Management and Acquisition has been on the minds of HR and Procurement leaders for a number of years. Talent shortages, coupled with an increasing appetite for less traditional ways of working, are driving organizations to think more holistically about how they source, develop and retain the diverse spectrum of talent–including professional service providers, consultants, and independent contractors–available to them.Few organizations have achieved true maturity, with full visibility and control of all talent types and channels. Organizational silos, lack of effective technology solutions and embedded company culture are some of the reasons that limited progress is made–so how do you move forward?Consider Total Talent Management as a journey, with degrees of maturity along a Total Talent Continuum. In this webinar, we discussed the drivers and framework for Total Talent and how you can get started. Learn techniques on how to assess your organization’s maturity, overcome obstacles and effectively apply technology to generate and sustain a robust, diverse workforce, enabling you to strategically leverage your company’s talent network for the future. Moderator:Adrianne Nelson, Sr. Director, Global Membership Products, CCWP, SIA Speakers:Neha Goel, SVP, Marketing & Strategy, Simplify WorkforceJo Matkin, Global Workforce Solutions Research Director, SIADownload presentation (PDF)Watch webinar video below. […]

  • US Jobs Report: June 2019

    Event- On a seasonally adjusted basis, total nonfarm employment rose by 75,000 in May, according to the US Bureau of Labor Statistics (BLS) in its monthly jobs report. Temporary help services gained 5,100 jobs for the month, though the gain in May is more than offset by downward revisions to March and April. The temporary staffing penetration rate ticked up slightly in May to 2.015%, but below its record of 2.052% from December 2015. The national unemployment rate remained at its 49-year low of 3.6%.Background and Analysis- On a year-over-year (y/y) basis (May 2019 over May 2018), total nonfarm employment was up 1.6%, and monthly job gains have averaged approximately 196,000 over the past 12 months. Temporary help employment was up 1.5% y/y, with mild monthly job gains of approximately 3,700 over the past 12 months.Of the 15 major industry groups, ten added jobs for the month. The three that most drove total nonfarm employment growth (on a seasonally adjusted basis) were professional services excluding temporary help (+27,900, down from +58,100 in the prior month’s report), leisure & hospitality (+26,000, down from +34,000) and health and social assistance (+24,000, down from +52,600). Natural resources/mining, construction, and transportation/warehousing continue to lead all industries in y/y percentage growth (4.0%, 3.0% and 2.7%, respectively), despite recent cooling (y/y growth rates have come down from the respective levels of 6.8%, 3.6% and 3.1% in the January report). Information and retail trade continue to be the two decliners on a y/y basis (-1.2% and -0.5%, respectively).Wage growth has been cooling slightly after gaining traction last year. Y/y growth in average weekly earnings was 2.8% in May, a deceleration from the average of 3.2% over the last twelve months, driven by softer growth in average hourly earnings and a decline in the average hours worked per week.BLS Revisions- The change in total nonfarm payroll employment for April was revised from +263,000 to +224,000, and the change for March was revised from +189,000 to +153,000. With these revisions, total nonfarm employment gains were 75,000 lower than previously reported, offsetting the 75,000 gain in May (in other words, employment in this month’s jobs report is at exactly the same level as in last month’s report).The change in temporary help services employment for April was revised from +17,900 to +9,900, and the change for March was revised from -5,800 to -10,500. With these revisions, temporary help employment growth was lower than previously reported by 12,700 jobs. These losses are more than twice that of the gain in May (thus making the level of temporary agency employment lower in this month’s report than in last month’s report).Staffing Industry Analysts’ Perspective- In last month’s jobs report, we noted that the year-to-date average change in temporary help jobs per month improved from a loss of 9,500 to a loss of 1,800, and we noted that continued improvement in the year-to-date average over the next few months would suggest the poor Q1 for temporary staffing was likely driven more by events specific to that period, rather than suggestive of a longer term trend. However, this month’s report did not show continued improvement. As the downward revisions more than offset the gain reported for May, the average change in temporary help jobs per month worsened to a loss of 3,000. These flattish (and in some cases slightly downward) trends in temporary staffing volume are consistent with the latter stages of an economic expansion (ten years and counting).Members may download our jobs report tool by selecting the link below. Monthly Employment Situation June 2019 - You do not have permission to view this object. […]

  • Introduction to Robotic Process Automation

     Investment and development in Robotic Process Automation (RPA) technology has increased dramatically in the last few years, as advances in processing power and artificial intelligence have intersected with business needs for automation.• With global skills shortages becoming more acute, automation is now supplementing a workforce that is not at full capacity. A digital workforce is capable of working 24x7 and requires limited to no oversight, and can scale in response to growth with speed, agility, and resiliency. Meanwhile, traditional workers can shift attention to higher value, more strategic tasks.• There are differences in generic RPA tools for ‘attended’ solutions operating on a person’s workstation versus ‘unattended’ tools deploying on virtual machines. However, almost no variation exists by industry, process type or customer geography.• The decision whether or not to implement RPA and which vendor to use depends on the specific circumstances and goals of each firm. We provide some guidance for evaluating the market at the end of this report. • This report provides an introduction to the market. The intention is to give the reader a sense of the capabilities available, an idea of who the main players are, and some best practices for firms that may be interested in leveraging this technology in their business. It is not a comprehensive vendor analysis, nor should it be used as such. We have identified 25 firms, though we suspect there may be many more, particularly at the lower, more rudimentary end of the market.To download a copy of the report click below: Introduction to RPA 20190605 - You do not have permission to view this object. […]

  • IR35 Off-Payroll Working Rules: FAQ

    Key Findings IR35 is the popular name given to the ‘Intermediaries’ legislation introduced by the UK government in April 2000, to counter tax avoidance through the misclassification of employees as independent contractors. The IR35 Off-Payroll Working Rules (“Rules”) were introduced by the Finance Act 2017. Since 6 April 2017, where contractors are engaged through their own personal service limited company (PSC), to perform services personally for a public-sector client, responsibility for determining the contractor’s employment status for tax falls on the public-sector body engaging the PSC (“the client”). The existing Rules, which currently apply to the public sector, are to form the basis for revised Rules which will be extended to medium and large private sector organisations from April 2020. To download the report, click below: IR35 Off-Payroll Working Rules_FAQ_20190610 - You do not have permission to view this object. Legal Disclaimer: This report is provided solely for information and should not be considered legal advice. […]

  • Largest Staffing Firms in Finland

    We estimate that the Finnish staffing market was worth €2.2 billion in 2018 and increased by +15% compared with 2017. The market is loosely consolidated, with Barona as leader with a market share of 12%. StaffPoint is the second largest staffing firm with 6% market share, followed by Seure (4%). Together, these firms account for 22% of the market while the Top 35 firms accounted for 54% of market revenue in 2018.  The fastest growing firm, Carrot Palvelut, grew a very impressive organic rate of 99%. Please note that we have ranked companies by revenue, according to industry custom, but this ranking should not be taken to imply that a firm with a higher rank provides a better service or more value to its shareholders. All currency amounts are in Euro (€). You can download the entire report here: Largest Staffing Firms in Finland - You do not have permission to view this object. […]

  • Introduction to Robotic Process Automation

    • Investment and development in Robotic Process Automation (RPA) technology has increased dramatically in the last few years, as advances in processing power and artificial intelligence have intersected with business needs for automation.• With global skills shortages becoming more acute, automation is now supplementing a workforce that is not at full capacity. A digital workforce is capable of working 24x7 and requires limited to no oversight, and can scale in response to growth with speed, agility, and resiliency. Meanwhile, traditional workers can shift attention to higher value, more strategic tasks.• There are differences in generic RPA tools for ‘attended’ solutions operating on a person’s workstation versus ‘unattended’ tools deploying on virtual machines. However, almost no variation exists by industry, process type or customer geography.• The decision whether or not to implement RPA and which vendor to use depends on the specific circumstances and goals of each firm. We provide some guidance for evaluating the market at the end of this report. • This report provides an introduction to the market. The intention is to give the reader a sense of the capabilities available, an idea of who the main players are, and some best practices for firms that may be interested in leveraging this technology in their business. It is not a comprehensive vendor analysis, nor should it be used as such. We have identified 25 firms, though we suspect there may be many more, particularly at the lower, more rudimentary end of the market.To download a copy of the report click below: Introduction to RPA 20190605 - You do not have permission to view this object. […]

  • EMEA Financial Results Q119

    Key Findings Revenue in the reported 36 publicly traded staffing firms in the EMEA region rose by a median of 4.8% during Q1 19, compared to the same period in 2018.  Among the companies included in this report, ten reported a decrease in revenue.  The median gross margin stood at 0.2% compared to last year.Median net income rose by 8.0%. To download the full report, please click below: EMEA Q1 2019 - You do not have permission to view this object. […]

  • Introduction to Robotic Process Automation

    • Investment and development in Robotic Process Automation (RPA) technology has increased dramatically in the last few years, as advances in processing power and artificial intelligence have intersected with business needs for automation.• With global skills shortages becoming more acute, automation is now supplementing a workforce that is not at full capacity. A digital workforce is capable of working 24x7 and requires limited to no oversight, and can scale in response to growth with speed, agility, and resiliency. Meanwhile, traditional workers can shift attention to higher value, more strategic tasks.• There are differences in generic RPA tools for ‘attended’ solutions operating on a person’s workstation versus ‘unattended’ tools deploying on virtual machines. However, almost no variation exists by industry, process type or customer geography.• The decision whether or not to implement RPA and which vendor to use depends on the specific circumstances and goals of each firm. We provide some guidance for evaluating the market at the end of this report. • This report provides an introduction to the market. The intention is to give the reader a sense of the capabilities available, an idea of who the main players are, and some best practices for firms that may be interested in leveraging this technology in their business. It is not a comprehensive vendor analysis, nor should it be used as such. We have identified 25 firms, though we suspect there may be many more, particularly at the lower, more rudimentary end of the market.To download a copy of the report click below: Introduction to RPA 20190605 - You do not have permission to view this object. […]

  • Global Staffing Forecast May 2019 APAC

    Key Findings We estimate that in 2018, the staffing industry generated USD 490 billion of revenue worldwide (EUR 415 billion). Three countries (US, Japan, UK) made up a majority of revenue. 89% of staffing revenue was made up by temporary staffing. SIA projects global staffing revenue to decelerate from growth of 5% last year to 4% this year, driven by deceleration in the largest markets in continental Europe, as part of a softer economic backdrop. We forecast growth to remain at 4% next year. Our global staffing market growth estimates and projections are on a constant-currency basis. A slightly softer economic backdrop (global GDP growth projected to slow from 3.6% last year to 3.3% this year) is one factor behind the projected deceleration in global staffing revenue noted above. In addition to the economic backdrop, regulatory changes can have a substantial effect (positive or negative) on staffing markets as well. For example, labor reform favorable to staffing was a key driver in the recent surge in the Italian staffing market; recent assignment limits in Germany have been a factor in the sudden slowdown in that market. Finally, another factor behind a country’s staffing market performance can be how much room the market has to grow relative to the broader economy, as in the cases of China and India, which have low temporary agency penetration rates (the share of employment made up of temporary staffing jobs). The full report can be downloaded by clicking the link below: Global Staffing Industry Forecast May 2019 20190524 - You do not have permission to view this object. […]

  • Staffing in New Zealand

    Below is a contact list of labour hire and recruitment companies in New Zealand. The majority of whom are members of the RSCA..There is currently no government licencing scheme in place, although there was discussion in 2018 at to whether this should be implemented. There is however an accredited list of companies who can get visas for construction workers to help the rebuilding of Canterbury (market with an *).AWF Madison Group is the only domestically listed staffing firm which includes the brands AWF, Madison and Absolute IT. The four largest global staffing firms all have offices in the country.Companies interested in the marketplace should also have a look at the Careers.govt.nz website, which provides a useful group of resources; plus our own New Zealand Snapshot.The list is for informational purposes only and does not imply an endorsement of any products or services. If you have any suggestions for this list, please contact the author.To download the list, please click below: NZ Company List 20190523 - You do not have permission to view this object. […]

  • New Zealand Market Snapshot

    Our Market Snapshots provide an executive summary of the international staffing markets in EMEA and APAC.  They can be used as a barometer to assess the relative business environment within each market and are designed to help you whether you are a buyer or supplier of contingent labour; looking to move into a new market place or need to understand the different national factors you will encounter in managing your workforce internationally. To download the full report, click below: New Zealand Market Snapshot - You do not have permission to view this object. […]