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Global Daily News

  • VMS provider Provade gets new owner

    Smart ERP Solutions Inc., provider of cloud-based onboarding platform Smart Onboarding, acquired vendor management system firm Provade Inc.“Smart Onboarding is a robust platform that complements the key functionalities of Provade’s VMS solution,” Provade President and CEO Hans Bukow said. “We are excited to begin our next phase of growth by leveraging the technologies, resources and customer relationships offered by SmartERP to accelerate the delivery of our innovative cloud solutions and vision.”The deal closed last week, but terms of the transaction were not announced publicly.Smart ERP Solutions is based in Pleasanton, Calif., and its Smart Onboarding offering provides an automated onboarding and offboarding solution for employees, contingent workers and vendors.Plans call for the Provade brand to remain in place.“We see this as an opportune time for SmartERP to continue to enhance and expand their cloud-based solutions and services offerings, including the Smart Onboarding platform to capitalize on the market’s growth trajectory,” said Prabhu Antony, senior VP of Sett & Lucas, the M&A advisor for the transaction.Provade, based in Milwaukee, spun off into its own company in a restructuring of the business in 2016, with Provade Cloudware Inc. as its parent company. It had been owned by Dallas-based staffing provider Pinnacle Technical Resources, which acquires Provade in 2011. […]

  • Michigan-based staffing firm acquires IT provider

    Technosoft Corp., a provider of IT digital transformation services and contingent staffing, acquired IT staffing provider Rumba Solutions LLC.The transaction closed in January; terms were not disclosed. The Rumba Solutions brand will remain for a transitional period.Rumba Solutions, founded in 2010, has posted double-digit annual growth each year. Its employees relocated from Farmington Hills, Mich., to Technosoft’s corporate headquarters facility in Southfield, Mich.Technosoft targets global enterprise companies with expertise in application development and support, Cloud services, product engineering, ERP/CRM support, data science projects, and AI innovation such as machine learning and robotic process automation. Founded in 1996, Technosoft has six global delivery centers located in India and US.“Rumba Solutions has an excellent reputation for providing high quality IT resources to large corporations,” said Technosoft President and CEO Radha Krishnan. “The acquisition of Rumba Solutions provides us with new premium customers and highly experienced employees who excel at servicing the complex IT needs of global companies.&rdquo […]

  • Hays names chairman and CEO for US operations

    Hays plc, the world’s sixth-largest staffing firm, announced Dan Rodriguez, founder of Veredus Corp. and currently CEO of Hays US, will assume the role of chairman of Hays US. David Brown, one of the equity partners of Veredus Corp. and currently executive VP of Hays US, will step into the CEO role.“Dan and David have done a tremendous job of building a leading staffing and recruiting firm across IT, construction and property, life sciences, and finance and accounting specialisms,” said Hays Americas Managing Director John Faraguna. “With their continued leadership and with the continued support of Hays Group, we expect to continue our rapid growth and success.”The transition started Monday and will officially take effect on April 6. Both Rodriguez and Brown have more than 20 years of experience in the staffing industry.“I am honored to have led this company for the last 17 years,” Rodriguez said. “Since the acquisition three years ago, we have successfully integrated the company and two proud cultures while maintaining double digit annual growth.”Hays US reported it has seen double-digit growth since its acquisition of Veredus Corp. in 2015 and achieved 17% growth year over year in 2017.The company reported it is investing for further growth. Hays US reported that it expects to add new industries and functions to its specialisms, grow its geographical footprint, and invest in internal technology and infrastructure to enhance its service offerings. […]

  • American CyberSystems acquires India-based IT consulting firm

    American CyberSystems Inc., an Atlanta-based IT services company doing business as ACS Group, acquired GGK Technologies, a global IT consulting company based in Hyderabad, India, with a US office in Chicago. The acquisition gives ACS synergies in the IT consulting and development space, allows for expansion into new areas, and provides both onshore and offshore options.The transaction closed Jan. 31; terms were not disclosed. GGK Technologies will become part of ACS’s solutions group and its executives will remain.GGK Technologies’ offshore IT development business has approximately 1,000 employees worldwide, including fewer than 100 in the US.“The acquisition of GGK Technologies allows us to accelerate our plans for growth in specific desirable geographies and capitalize on marquee client opportunities,” said Raj Sardana, CEO of ACS. “The GGK Technologies' legacy of solutions development and service excellence will remain intact and be a strong complement to ACS and our combined client base.”ACS provides IT consulting, engineering consulting, healthcare, talent, and workforce management solutions to Fortune 1000 companies globally. It conducts business through four operating brands — AIC, Analysts, ComforceHealth and HireGenics. ACS counts more than $700 million in revenue with more than 12,000 employees and consultants worldwide. […]

  • People: Monster, CTG, Broadleaf, RSR Partners, PrideStaff and more

    Job board provider Monster Worldwide Inc. announced a chief product officer and chief marketing officer as well as a new six-member leadership team for its Staffing and Recruiting business unit. Leading the team is Penny Queller, senior VP and general manager, staffing and recruiting. Monster named Chris Cho as chief product officer and Jonathan Beamer as chief marketing officer. Cho has led organizations such as TMP Worldwide and Jibe. Beamer founded and led Think-Digital after serving as CMO of SolarCity. Before that, Beamer held senior marketing positions at Progressive Insurance — where he led two campaigns that are still active — and Digitas.In addition, Monster named six members to the leadership team for its Staffing and Recruiting Business Unit, they include: Tim Robbins, VP, East US staffing and recruiting: Robbins brings more than 20 years of sales and sales management experience to the Monster staffing and recruiting business unit. During his previous 13 years with Monster, Robbins held several sales leadership roles focused on staffing. Claudette Cunitz, VP, West US staffing and recruiting: Cunitz began her staffing career at Talent Tree before becoming owner and operator of an engineering and technical staffing firm. She joined Monster in 2014 and is a key leader of the staffing and recruiting business. Jeff Weidner, VP, product innovation: Weidner’s staffing and recruiting experience spans almost 25 years during which he specialized in recruitment marketing activities. In his new position, he is responsible for strategy development and uncovering new technologies specific to the staffing industry. Chase Wilson, VP, product innovation: Wilson has 20 years of talent acquisition and consulting experience. At Monster, Wilson will develop new enhancements, functionality, packaging and pricing for the company’s product suite. He will also work with the company’s staffing and RPO clients. Jay Schupp, VP, new business development: Schupp has 20 years’ experience in the staffing and recruiting industry, including with Interim Technology, Manpower and The Bartech Group. At Monster, he will develop new business opportunities for the staffing industry. Lee Phillips, senior marketing manager, staffing and recruiting: Phillips’ focus is on marketing activities that support the staffing and recruiting business unit. CTG (NASD: CTG), a Buffalo, NY-based IT staffing provider, announced Susan Tidswell joined the company as sales leader for its North American Strategic Staffing line of business. Tidswell previously held senior leadership roles with three global staffing companies, including Randstad, Volt, and ManpowerGroup. At ManpowerGroup, she was responsible for the US sales practice.Broadleaf Results Inc., an Aleron company, is promoting David Savarise to the new role of executive VP from VP of business development. He will focus on embedding the organization’s mature RPO service model within its total talent management programs.RSR Partners, a Greenwich, Conn.-based executive search and leadership consulting firm, added Victor Arias, Jr. as managing director and senior member of the firm’s board recruiting practice. Arias was a nonexecutive director on the Popeye’s Louisiana Kitchen board for 15 years until his retirement in 2016.PrideStaff, a national staffing franchise, announced Christine Pressley and Chris Sollom, a wife and husband team, opened a North Orange County office in La Habra, Calif., on Feb. 19. The office targets both the clerical and light industrial sectors.Glassdoor announced James Cox joined the company as CFO. Cox previously served as CFO at Lithium Technologies and at Advent Software. The company also named Christian Sutherland-Wong as COO, a newly created position; until recently, Sutherland-Wong was Glassdoor’s senior VP and general manager of monetization. And Samantha Zupan was named VP of global corporate communications; she helped launch Glassdoor in 2008 and was the company’s first employee dedicated to communications.Daley And Associates LLC, an executive search and contract staffing firm, announced Marketing and Communications Manager Gauri Chandna will now lead all branding activities as its branding ambassador.TempWorks Software, a provider of software and payroll funding to the staffing industry, added Allan Brown to its management team as senior VP. He previously was president of AllStaff Staffing & Recruiting in Chicago and has more than 20 years of experience in the staffing industry.Executive search firm Korn Ferry International Inc. (NYSE: KFY) announced Daren Kemp will join the firm as a senior client partner and senior member of the board and CEO practice. […]

  • Netherlands – Brunel Q4 revenue down 1% while EBIT and profits improve

    Brunel International (BRNL: NL), the 10th largest staffing firm in the Netherlands, reported revenue for the fourth quarter ending 31 December 2017 of €210.2 million, down 1% on a like-for-like basis when compared to the same period last year. (€ millions) Q4 2017 Q4 2016 Change Like-for-Like Revenue 210.2 210.6 0% -1% Gross Profit 49.4 46.2 7% N/A Gross Margin 23.5% 21.9% N/A N/A EBIT 6.4 2.1 221% N/A Brunel stated that for the first time in three years, the company has been able to match the previous year’s revenue, despite three fewer working days in Q4 2017. The group announced that its steady figures are confirmation of recovery throughout 2017. For Q4 2017, revenue was driven mainly by the group’s Dutch business, but other segments contributed.Gross margin saw an improvement during the fourth quarter as a result of the change in business mix with higher margins in Europe compared to Global Business, but also as a result of higher margins in Global Business.Revenue broken down by division was as follows.  (€ millions) Q4 2017 Q4 2016 Change Like-for-Like Brunel Global 92.1 100.4 -8% -10% Brunel Europe 118.2 110.1 7% N/A The group stated that, while its global business saw a decline in revenue compared to Q4 2016, it is showing signs of recovery on a quarterly basis with all regions showing growth compared to Q3 except Southeast Asia.Brunel Europe consists of Germany, Netherlands Belgium, Czech Republic, Switzerland and Austria. Germany’s revenue increased 2% compared to the same period last year, despite two less working days in Q4 2017. In the Netherlands, revenue increased by 16% compared to the fourth quarter of 2017, mainly driven by the business lines Engineering and IT.“Both in The Netherlands and in Germany we ended 2017 at a higher headcount than previous year,” Brunel stated. “The resulting higher starting headcount for 2018, in combination with further growth will also result in growth in revenue and improved profitability.”“For the Global Business we expect to return to year on year growth from Q1 2018 onwards, mainly driven by all our new initiatives, but possibly with some tailwind from a recovery in the Oil & Gas market. But more importantly, Global Business will also return to profitability in 2018,” the group stated. Last quarter, the group appointed Jilko Andringa as new CEO to succeed Jan Arie van Barneveld.Andringa, commented on the results, “I’m very pleased that just after I’ve joined Brunel I’m able to present for the first time in three years, quarterly results of without a decline in revenue, and a strong improvement in EBIT. In my first three months I have visited many Brunel offices across the globe. I enjoyed all the open and inspiring interactions with colleagues and clients, learned a lot about the many exciting projects that we have in the pipeline, and those new ones we are managing already. So this is just the start of another period of strong growth for Brunel.”Brunel also announced full year results with like-for-like revenue down 11% in 2017 to €790.1 million, when compared to 2016.As of last trade Brunel International traded at €15.50, down 4.02% on the day and 6.46% below its 52-week high of €16.57, set on 23 January 2018. Based on its current share price the company has a market value of €814.02 million.&nbs […]

  • Sweden – Hedera Group Q4 revenue down 27% in the fourth quarter

    Swedish recruitment services firm Hedera Group (HEGR:SS) reported revenue for the fourth quarter ended 31 December 2017 of SEK 37.4 million (€3.7 million), a decrease of 27% compared to last year. (SEK millions) Q4 2017 Q4 2016 Change Q4 2017 (€ millions) Revenue 37.4 51.3 -27% 3.7 Profit After Tax 0.2 1.2 -83% 0 Operating Profit  0.3 1.8 -83% 0 The company stated that revenue in Q4 2016 was exceptionally high with many large businesses and collaborations, some of which were completed in spring 2017 as well as in Q4 2017. Hedera Group stated that high figure in Q4 2016 resulted in lower sales during the fourth quarter.Last week, Hedera Group announced that it signed an agreement to acquire Swedish Medical staffing firm Baehrendtz & Haeger AB, which will take effect from 6 March 2018.  The company is a niche employer of gynaecology and obstetrics and provides staffing for clinics in Sweden.To fund the acquisition of Baehrendtz & Haeger, the Board of Hedera Group is calling for an additional Annual General Meeting on 16 March 2018 for a directed issue of SEK 7 million (€0.7 million) as well as a rights issue of SEK 15.9 million (€1.5 million) with access on 6 March 2018.CEO Bertil Haglund, commented, “The market has been very competitive during the latter part of the year and it has been difficult to recruit doctors for new assignments. I see the same tendencies with our competitors with some pressure on the margins and hard to recruit.”Hedera Group outlined that its vision is to be one of the leading players in medical staffing. The group plans to further expand, which will take place through acquisitions and organic growth. The group aims to grow organically by at least 20% per year and actively seek new acquisitions in order to increase sales. The acquisitions will primarily focus on medical staffing companies.The group also reported full year revenue of SEK 155.6 million (€15.5 million), an increase of 10.2% compared to the previous year.As of last trade, Hedera Group traded at SEK 15.00 (€1.49), up 4.90% on the day and 20.00% above the 52 week low of SEK 12.50 (€1.25) set on 27 December 2017. Based on its current share price the company has a market value of SEK 54.21 million (€5.4 million). […]

  • Sweden – NetJobs Q4 revenue declines due to weak performance in German business

    Swedish job board NetJobs (NJOB: STO) reported revenue for the fourth quarter ending 31 December 2017 of SEK 10.4 million (€1.0 million), a decrease of 14% compared with the same period last year. (SEK millions) Q4 2017 Q4 2016 Change Q4 2017 (€ millions) Revenue 10.4 12.1 -14% 1.0 Operating Profit  -0.8 0.7 N/A 0 Profit After Tax  -0.4 0.3 N/A 0 “The last quarter was disappointing as we did not achieve the result we were aiming for,” NetJobs CEO Johan Hultgren said. “The whole loss is in Germany where we failed to grow or keep our turnover.”Revenue broken down by division was as follows. (SEK millions) Q4 2017 Q4 2016 Change Q4 2017 (€ millions) Sweden 7.9 7.8 1% 0.7 Germany 2.5 4.1 -39% 0.2 Techjobs 0.0 0.0 N/A 0 Others 0.0 0.1 -99% 0 NetJobs also published full year results with revenue decreased 8% over the year to SEK 38.0 million (€3.8 million). The group stated that it expected positive revenue growth in 2017 with improved profitability, but the outcome was worse than expected. “With the launch of our platform during the year, we have been able to improve our offer to our customers,” Hultgren said. “We have a better starting point and a product portfolio that we can quickly adapt and develop as needed. It is long-term work that requires changes not only in product management but also in the organisation, a job we are in and will deliver in 2018 and beyond, both for Germany and for Sweden. The organisational changes will provide better efficiency and higher quality in the work of implementing improvements and pushing changes. Work on strengthening the sales organization continues.”During the first quarter of 2018, the group stated that it will launch its subsidary Onrec on the new platform, and continue to develop user-friendliness and customer benefit.As of last trade, NetJobs Group traded at SEK 0.825 (€0.08), no change on the day and 69.40% above the 52 week low of SEK 0.487 (€0.05) set on 20 November 2017. Based on its current share price the company has a market value of SEK 17.12 million (€1.7 million). […]

  • UK – Workers put in £31 billion of free overtime in 2017, study finds

    The amount of free overtime put in by workers in the UK during 2017 was worth over £31 billion, according to a study by the Trades Union Congress.The study found that approximately five million people were working an average of over seven hours a week without pay. The TUC estimated that the extra work was worth an average of £6,265 per worker. This means that the average person has effectively worked for free so far this year, only starting to be paid from Friday."Lots of us are willing to put in a bit of extra time when it's needed, but it's a problem if it happens all the time,” TUC general secretary Frances O'Grady said. “So today we're saying to workers, make sure you take a proper lunch break and go home on time. We're asking managers to leave on time too. Good bosses know that a long-hours culture doesn't get good results, and the best way to lead is by example."The study also showed that while public sector workers make up a quarter of all employees, they account for more than a third of all unpaid overtime."Public sector staff regularly work through their breaks and go home late, because they're dedicated to the patients, students and local people who rely on them,”"But expecting employees to work above and beyond the call of duty, day in day out, is simply not on."With staffing shortages and wages failing to rise with the cost of living, morale in our public services is already at rock bottom. Overstretched and under-appreciated staff are at risk of burning out or giving up on a career in the public sector altogether." […]

  • Australia – Wages up 2.1% in 2017 as private and public sector see growth

    Wage growth in Australia grew by 2.1% for the full year to December 2017, according to the Wage Price Index from the Australian Bureau of Statistics.For the quarter ended December 2017, wage growth in Australia grew by 0.6% when compared to the previous quarter."The annual rate of wage growth has increased for the second consecutive quarter reflecting falling unemployment and underemployment rates, and increasing job vacancy levels,” ABS Chief Economist Bruce Hockman said.Seasonally adjusted, private sector wages rose 1.9% and public sector wages grew 2.4% through the year to December quarter 2017.Among the states, Victoria saw the highest growth through the year with 2.4% and The Northern Territory recorded the lowest with 1.1% for the same period.Meanwhile, ABS figures published earlier this month showed Australia’s unemployment rate stood at 5.5% in January. […]

  • Vietnam – Government looks to provide vocational training for 2.2 million to meet increasing HR demands for jobs

    The government of Vietnam is aiming to provide vocational training for 2.2 million persons to meet the increasing demand for human resources, according to the Directorate of Vocational Education under the Ministry of Labour, Invalids and Social Affairs.The Ministry of Labour says that vocational training over recent years has seen more than 70% of trainees having found jobs after graduation.Lê Quân, Deputy Minister of Labour, Invalids and Social Affairs told VietNam News that shortcomings remain in vocational training, such as low training quality of some institutions, failure to meet the HR demands of specific sectors and industries as well as lack of economic reforms.Minister Đào Ngọc Dung also stated that the training quality of vocational education was low, failing to meet the demand of businesses and society and added that the main aim of vocational education should be to improve the quality of human resources. […]

  • Japan – Nearly half of freelancers who give birth go back to work within a month after delivery (Japan Today)

    Almost half or 44% of freelancers in Japan go back to work within a month of childbirth, reports Japan Today. Laws in Japan state that companies are prohibited from having women return to work in the eight weeks after childbirth, but there are no such rules for freelancers. The survey suggested that freelancers go back to work quicker than employees because employees are eligible to receive child care benefits and exempted from paying social insurance premiums while on maternity leave. Support groups are calling on the government to allow freelancers maternity leave to be eligible to receive allowances and be free from insurance burdens. The survey also showed that 22% percent of freelancers said they returned to work within a week after delivery, while 59% said they did so within two months. […]

  • People – Trust Tech, Coople, Quess Corp, The Savannah Group, Morgan McKinley

    Japan-based temporary staffing firm Trust Tech has appointed Shingo Toyama as European and UK Corporate Executive Officer. Toyoma will oversee operations in the UK and European continental markets. He will primarily be responsible for collaborating with the subsidiaries to support their continued growth and will also drive corporate business development and the establishment of new alliances in the European market. Toyoma previously worked with Recruit Holdings, Bo Le Associates, and Autobacs.Just-in-time staffing firmCoople has appointed Anthony Vaslin as Executive Director for Switzerland. Vaslin will be responsible for Coople’s activities in Switzerland to help the company reach its expansion objectives. Vaslin previously worked at Goldman Sachs and Accenture.Indian staffing firm Quess Corp announced that it had appointed Abhijeet Mukherjee as the President of its Internet Business which includes the recently acquired Monster.com, APAC. Abhijeet will be responsible for strategizing and spearheading the overall internet operations of the company. He has worked in companies such as Hindustan Unilever, Coca-Cola, Eicher, The General Electric Company and Aircel.Executive search firm The Savannah Group announced that Damian Walsh has joined the firm as a Partner in their Industrial practice and Head of the firm’s Board & CEO Practice. Walsh has previously worked with Heidrick & Struggles, Ernst & Young and is currently also a non-executive director of Arqiva Group Limited and a non-executive director of the Australia – United Kingdom Chamber of Commerce. Morgan McKinley announced that Hakan Enver has been promoted to Managing Director of core permanent recruitment. Enver will continue his responsibility for the specialist practices in Banking & Financial Services, Technology & Sales and Professional Services. The group also announced that Victoria Walmsley has also been promoted to Managing Director. Her responsibilities includes Morgan McKinley's UK core temporary markets across various disciplines and sectors. Morgan McKinley also announced that Darren Burns has been promoted to Operations Director from his previous role as Director of Financial Services. Burns joined Morgan McKinley in 2016 and his responsibility will now include Commerce & Industry alongside Financial Services.&nbs […]

Latest Research

  • Staffing Trends in 2018

    So, the year is well underway and 2017 is all but forgotten. How is the 2018 landscape likely to be different to the one we experienced last year? There are eight key trends that we have identified in this report. For experienced staffing executives, there should be no shocks here as these trends will be very familiar, however, wherever possible we have endeavored to provide some new insights into these important developments.• The global economy• Technology/automation• Skills shortages• Legislation• Gig economy• Public perception• Procurement sophistication• Rise of AsiaWe have also created a SWOT analysis highlighting the strengths, weaknesses, opportunities and threats the staffing industry currently faces (see page 12).To download the full report, click below: Staffing Trends in 2018 20180223 - You do not have permission to view this object. […]

  • Most Attractive Staffing Markets Globally 2018

    This report provides comparative insights over 60 different staffing markets assessed across six Continents. We analysed their merits and how the attractiveness of each of these markets has changed when compared to our analysis published in 2017. Italy and Sweden are jointly ranked the most attractive staffing markets in 2017, followed by Ireland. The latter previously topped this ranking three years in a row. Italy also manages the feat of topping the list of markets where the attractiveness score increased the most compared to the prior year, ahead of South Africa and Brazil. In 2018, market attractiveness scores increased in 17 markets, which is less than the 24 we reported in 2017. As a whole, the markets highlighted in this report are become less attractive: as a total of39 markets saw their score decline in 2018, when compared to our 2017 ranking. This ratio increased compared to last year’s report, where attractiveness fell in 26 markets, compared to 2016. The most attractive Asian staffing market is Malaysia, followed by South Korea. The least attractive markets in our analysis are Nigeria and Saudi Arabia. To download a full copy of the report, click below: Most Attractive Staffing Markets 20180222 - You do not have permission to view this object. To download the interactive Market Attractiveness Assessment Tool (MAAT), click below: Market Attractiveness Assessment Tool 20180222 - You do not have permission to view this object. […]

  • Staffing merger & acquisition (M&A) activity was robust in 2017, with 88 publicly announced transactions in North America. This represents a 28% year-over-year increase and the second highest annual deal volume over the past decade. Targets were most frequently found within professional staffing segments, led by healthcare and IT staffing firms, constituting 21% and 15%, respectively. In addition to the 88 staffing firm transactions, we report 38 acquisitions of “staffing-related” companies within North America. Nearly half (49%) of staffing M&A targets were based in either the Midwest (26%) or Southeast (23%) US. This represents a significant jump in deal activity in the Midwest, as it accounted for only 9% of M&A deals in 2016. The most active states for M&A in 2017 were Tennessee (8) and Illinois (6), followed by Indiana, North Carolina, Pennsylvania, and Texas with five transactions apiece. We also report inter-regional transactions, meaning those involving one firm based in North America and a counterparty based outside North America. There were 4 such acquisitions of staffing companies in 2017, and an additional 3 acquisitions of “staffing-related” companies. We counted at least 12 publicly announced M&A transactions in 2017 involving a staffing firm and a private equity firm, where the target was headquartered in North America. Ten of the 12 transactions involved staffing firms primarily active within professional staffing segments, with healthcare (4) leading all segments in private equity deals. The data in this report is based on our aggregation and analysis of publicly announced M&A transactions. We are also including an update to our Merger and Acquisitions Database tool. This workbook contains a database of mergers and acquisitions related to companies in the staffing and workforce solutions industry. The database contains information collected on 847 transactions, occuring between January 2014 through December 2017. The “M&A Dashboard” contains drop-down menus that allow the user to select a subset of transactions based on criteria such as geographic region, industry segment, and date range. The “M&A List” contains the complete list of transactions in one spreadsheet which can be sorted and filtered. For each transaction, the database provides a row of information that includes the date of the acquisition announcement, the names and locations of both the acquirer and target company, notes on the acquisition price, if any, and a link to the corresponding news item in Staffing Industry Analysts’ Daily News. To download the full Staffing Mergers & Acquisitions: 2018 Update report, please click the link below:   North America Staffing M&A Annual Report 20180222 - You do not have permission to view this object. To download the updated Merger and Acquisitions Database tool, please click the link below:   Mergers and acquisitions database 20180222 - You do not have permission to view this object. […]

  • Top Social Media Groups for Internal Staff

    Key Findings: This report is based on responses to the following survey question: “Which Linkedin or other social media professional groups, if any, do you subscribe to or participate in? (e.g., ‘Recruiters Network,’ ‘Marketing MBAs,’ etc.)?” The purpose of the question was to identify social networks useful for sourcing candidates for internal staff positions. Recruiters Network was the social media group most frequently cited by respondents, though that could reflect in part that it was one of the examples in the original question. The next three most often cited groups were those associated with the Society for Human Resource Management (SHRM), the American Staffing Association (ASA), and Staffing Industry Analysts (SIA). Local Young Professionals groups (e.g., Boston Young Professionals, Chicago Young Professionals, etc.) were, in aggregate, the next most often cited by respondents. For the most part, the popularity of social media groups did not vary in a discernable way by job title. However, in two cases specific social media groups were cited disproportionately. In particular, HR specialists and managers were more likely to join the SHRM and HR Professionals groups, and marketing/PR specialists and managers were more likely to join the Digital Marketing and Social Media Marketing groups. To access the complete report, please select the link below: Internal Staff Survey 2018 Social media groups most frequently joined by staffing firm internal staff 20180217 - You do not have permission to view this object. […]

  • Staffing Trends in 2018

    So, the year is well underway and 2017 is all but forgotten. How is the 2018 landscape likely to be different to the one we experienced last year? There are eight key trends that we have identified in this report. For experienced staffing executives, there should be no shocks here as these trends will be very familiar, however, wherever possible we have endeavored to provide some new insights into these important developments.• The global economy• Technology/automation• Skills shortages• Legislation• Gig economy• Public perception• Procurement sophistication• Rise of AsiaWe have also created a SWOT analysis highlighting the strengths, weaknesses, opportunities and threats the staffing industry currently faces (see page 12).To download the full report, click below: Staffing Trends in 2018 20180223 - You do not have permission to view this object. […]

  • Most Attractive Staffing Markets Globally 2018

    This report provides comparative insights over 60 different staffing markets assessed across six Continents. We analysed their merits and how the attractiveness of each of these markets has changed when compared to our analysis published in 2017. Italy and Sweden are jointly ranked the most attractive staffing markets in 2017, followed by Ireland. The latter previously topped this ranking three years in a row. Italy also manages the feat of topping the list of markets where the attractiveness score increased the most compared to the prior year, ahead of South Africa and Brazil. In 2018, market attractiveness scores increased in 17 markets, which is less than the 24 we reported in 2017. As a whole, the markets highlighted in this report are become less attractive: as a total of39 markets saw their score decline in 2018, when compared to our 2017 ranking. This ratio increased compared to last year’s report, where attractiveness fell in 26 markets, compared to 2016. The most attractive Asian staffing market is Malaysia, followed by South Korea. The least attractive markets in our analysis are Nigeria and Saudi Arabia. To download a full copy of the report, click below: Most Attractive Staffing Markets 20180222 - You do not have permission to view this object. To download the interactive Market Attractiveness Assessment Tool (MAAT), click below: Market Attractiveness Assessment Tool 20180222 - You do not have permission to view this object. […]

  • Mergers and acquisitions database 2014-2017

    This workbook contains a database of mergers and acquisitions related to companies in the staffing and workforce solutions industry. The database contains information collected on 847 transactions that occurred between January 2014 and December 2017.The “M&A Dashboard” contains drop-down menus that allow the user to select a subset of transactions based on criteria such as geographic region, industry segment, and date range. The “M&A List” contains the complete list of transactions in one spreadsheet which can be sorted and filtered.For each transaction, the database provides a row of information that includes the date of the acquisition announcement, the names and locations of both the acquirer and target company, notes on the acquisition price, if any, and a link to the corresponding news item in Staffing Industry Analysts’ Daily News.To download the database workbook, please select the following link: Mergers and acquisitions database 20180222 - You do not have permission to view this object. […]

  • Workforce Solutions Webinar – Integrating SOW in Your CW Program

    Sponsored by Beeline Understanding the complexity of one’s SOW spend landscape is a key to designing an appropriate strategy for adding milestone-based services spend management to your CW program’s portfolio. Driven by this strategy, your VMS solution becomes the critical point of SOW integration.How do you incorporate this spend category in the most efficient and cost-effective way? In this webinar, we explored how some very complex extended workforce programs have added SOW management to their scope utilizing their VMS.Moderator: Dawn McCartney, Sr. Director, Contingent Workforce Strategies & Research (The Americas), CCWP, Staffing Industry Analysts Panelists:Joshua Combs, Category Manager, Contingent Labor, American Family InsuranceJennifer Joppa, Contingent Labor Sourcing Consultant, American Family InsuranceDavid Scagell, Director – Client Relationship Management, BeelineDownload presentation (PDF)Watch webinar video below. […]

  • Staffing Trends in 2018

    So, the year is well underway and 2017 is all but forgotten. How is the 2018 landscape likely to be different to the one we experienced last year? There are eight key trends that we have identified in this report. For experienced staffing executives, there should be no shocks here as these trends will be very familiar, however, wherever possible we have endeavored to provide some new insights into these important developments.• The global economy• Technology/automation• Skills shortages• Legislation• Gig economy• Public perception• Procurement sophistication• Rise of AsiaWe have also created a SWOT analysis highlighting the strengths, weaknesses, opportunities and threats the staffing industry currently faces (see page 12).To download the full report, click below: Staffing Trends in 2018 20180223 - You do not have permission to view this object. […]

  • Most Attractive Staffing Markets Globally 2018

    This report provides comparative insights over 60 different staffing markets assessed across six Continents. We analysed their merits and how the attractiveness of each of these markets has changed when compared to our analysis published in 2017. Italy and Sweden are jointly ranked the most attractive staffing markets in 2017, followed by Ireland. The latter previously topped this ranking three years in a row. Italy also manages the feat of topping the list of markets where the attractiveness score increased the most compared to the prior year, ahead of South Africa and Brazil. In 2018, market attractiveness scores increased in 17 markets, which is less than the 24 we reported in 2017. As a whole, the markets highlighted in this report are become less attractive: as a total of39 markets saw their score decline in 2018, when compared to our 2017 ranking. This ratio increased compared to last year’s report, where attractiveness fell in 26 markets, compared to 2016. The most attractive Asian staffing market is Malaysia, followed by South Korea. The least attractive markets in our analysis are Nigeria and Saudi Arabia. To download a full copy of the report, click below: Most Attractive Staffing Markets 20180222 - You do not have permission to view this object.   To download the interactive Market Attractiveness Assessment Tool (MAAT), click below: Market Attractiveness Assessment Tool 20180222 - You do not have permission to view this object. […]

  • Mergers and acquisitions database 2014-2017

    This workbook contains a database of mergers and acquisitions related to companies in the staffing and workforce solutions industry. The database contains information collected on 847 transactions that occurred between January 2014 and December 2017.The “M&A Dashboard” contains drop-down menus that allow the user to select a subset of transactions based on criteria such as geographic region, industry segment, and date range. The “M&A List” contains the complete list of transactions in one spreadsheet which can be sorted and filtered.For each transaction, the database provides a row of information that includes the date of the acquisition announcement, the names and locations of both the acquirer and target company, notes on the acquisition price, if any, and a link to the corresponding news item in Staffing Industry Analysts’ Daily News.To download the database workbook, please select the following link: Mergers and acquisitions database 20180222 - You do not have permission to view this object. […]

  • Workforce Solutions Webinar – Integrating SOW in Your CW Program

    Sponsored by Beeline Understanding the complexity of one’s SOW spend landscape is a key to designing an appropriate strategy for adding milestone-based services spend management to your CW program’s portfolio. Driven by this strategy, your VMS solution becomes the critical point of SOW integration.How do you incorporate this spend category in the most efficient and cost-effective way? In this webinar, we explored how some very complex extended workforce programs have added SOW management to their scope utilizing their VMS.Moderator: Dawn McCartney, Sr. Director, Contingent Workforce Strategies & Research (The Americas), CCWP, Staffing Industry Analysts Panelists:Joshua Combs, Category Manager, Contingent Labor, American Family InsuranceJennifer Joppa, Contingent Labor Sourcing Consultant, American Family InsuranceDavid Scagell, Director – Client Relationship Management, BeelineDownload presentation (PDF)Watch webinar video below. […]