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  • Highest-Return Recruiting Tactics

    Key Findings: Temporary worker recruiting tactics. Staffing firms reported the temporary worker recruiting tactic with the highest bang-to-buck return on spend/effort to be recruiting from their existing candidate databases (44% reported it among top two tactics). A significant portion of respondents also selected: LinkedIn, other online job listings, and referral bonuses. Direct hire recruiting tactics. Staffing firms reported the direct hire recruiting tactic with the highest bang-to-buck return on spend/effort to be Linkedin (57% reported it among top two tactics). A significant portion of respondents also selected: recruit from existing candidate list, other online job listings, and referral bonuses. Changes since 2013. Comparisons between the current survey results and those of a similar survey in 2013 are slightly obscured by a change in the wording of the question, from (single) “top tactic” in 2013 to “top two tactics” in 2019. Nonetheless a change in relative values for one recruiting tactics was apparent. In 2013, referral bonuses were cited by just 7% as a top temp recruiting tactic and by just 3% as a top direct hire recruiting tactic. In 2019, referral bonuses were cited as among “top two tactics” by 32% for temp recruiting and by 22% for direct hire recruiting. To access the complete report, please select the link below: North America Staffing Company Survey 2019 Highest bang-to-buck temporary and direct hire 20190906 - You do not have permission to view this object. […]

  • Staffing Firm Survey 2019: Initial Results

    Key Findings: This report contains the initial findings of the 2019 Staffing Company Survey for staffing firms primarily operating in North America. It includes the complete survey questions and summary statistics. Additional detailed reports will follow this summary report. The survey was conducted in the summer of 2019 and reflects the opinions of 441 staffing firms. This sample is disproportionately composed of firms with greater than $10 million in revenue, so aggregate results reported are more reflective of these larger staffing firms. Where responses vary significantly by size, such differences will be noted in the analysis. Data includes: client contract terms; staffing company participation in online staffing; web and app enabled technology; internal staff benefits; sources of revenue; priorities and investments; referral bonuses; wages paid to temporary workers; and recruiting tactics. To access the complete report, please select the link below: North America Staffing Company Survey 2019 Initial Findings 20190906 - You do not have permission to view this object. […]

  • US Jobs Report: September 2019

    Event- On a seasonally adjusted basis, total nonfarm employment rose by 130,000 in August, according to the US Bureau of Labor Statistics (BLS) in its monthly jobs report. Temporary help services gained 15,000 jobs for the month. The temporary staffing penetration rate remained at 2.00%. The national unemployment rate remained at 3.7%, as the labor force rose by over 500,000 over a record level in July.Background and Analysis- On a year-over-year (y/y) basis (August 2019 over August 2018), total nonfarm employment was up 1.4%, and monthly job gains have averaged approximately 173,000 over the past 12 months. Temporary help employment was up 0.7% y/y, with mild monthly job gains of approximately 1,700 over the past 12 months.Of the 15 major industry groups, 9 added jobs in August. The three that most drove total nonfarm employment growth (on a seasonally adjusted basis) were health & social assistance (+36,800), government (+34,000), and professional services excluding temporary help (+21,600). The three biggest decliners for the month were retail trade (-11,100), education (-5,400), and natural resources and mining (-5,000). The three biggest gainers in terms of y/y percentage growth were health & social assistance, construction, and professional services excluding temporary help (2.6%, 2.4% and 2.4%, respectively). Retail trade is the only category declining on a y/y basis (-0.5%).Y/y growth in average weekly earnings bounced back to 2.9% for August, from 2.7% in July, though still below the average of 3.2% from the prior twelve months.BLS Revisions- The change in total nonfarm payroll employment for July was revised from +164,000 to +159,000, and the change for June was revised from +193,000 to +178,000. With these revisions, total nonfarm employment gains were 20,000 lower than previously reported.The change in temporary help services employment for July was revised from +2,200 to -7,900 and the change for June was revised from -900 to -2,900. With these revisions, temporary help employment growth was lower than previously reported by 12,100 jobs. These downward revisions nearly offset the growth of 15,000 jobs for August (after three months in which downward revisions more than offset any growth in the current month).Staffing Industry Analysts’ Perspective- As the economic backdrop cools, we typically first see trends weaken among industrial jobs. After seeing weaker manufacturing trends from the Institute of Supply Management, it’s notable that industries heavy in industrial jobs such as natural resources/mining and transportation and warehousing declined for the month and have fallen out of the top 3 percentage gainers on a y/y basis, though construction seems to be holding up.We also typically see trends first weaken in temporary staffing. Despite the attractive headline of gaining 15,000 jobs in August, the rise was nearly offset by downward revisions, and the industry is still down year-to-date in terms of jobs.Members may download our jobs report tool by selecting the link below. Monthly Employment Situation September 2019 - You do not have permission to view this object. […]

  • Largest Healthcare Staffing Firms in the United States: 2019 Update

    Key Findings We estimate that 49 firms generated $50 million or more in US healthcare temporary staffing revenue in 2018. Added together, these firms generated $12.7 billion in such revenue, accounting for 75% of the market, by our estimates. The complete list of 49 firms can be found starting on page four of this report. In this market share report, we have ranked companies in order of revenue size, according to industry custom, but this ranking should not be taken to imply that a firm with a higher rank provides better service or more value to its shareholders. Staffing firms varied in degree of financial transparency, and even when forthcoming with information, in some cases data provided was adjusted for greater accuracy and consistency. Therefore, for all firms in this report, revenue shown should be considered an estimation by Staffing Industry Analysts. Market share percentages in this report were based on our market estimate of $16.9 billion for the US healthcare temporary staffing market in 2018. Similarly, market share on our sub-segment rankings were calculated using the following market size estimates: travel nurse ($5.4B), per diem nurse ($3.6B), locum tenens ($3.9B) and allied healthcare ($4.0B). Overall, we believe that this list is accurate and can be used appropriately to get a “big picture” reading of the US healthcare temporary staffing industry landscape. However, as transparency and availability of information from staffing companies can vary from one year to the next, this year’s estimates may not be comparable to those of previous years in all cases. For that reason, we did not display prior year revenue estimates in this report. Additional details on the methodology of this report are provided on page 14. Please select the link below to download the complete report. Largest Healthcare Staffing Firms in the US 20190905 - You do not have permission to view this object. […]

  • Largest Staffing Firms in Italy

    We estimate that the Italian staffing market was worth €12.9 billion in 2018 and increased by +13% compared with 2017. Italy although not a particularly long established staffing market, due to periods of high sustained growth is now fifth largest national market in Europe and seventh globally. The market is highly consolidated, with Adecco as leader with a market share of 15%. Following their acquisition of Obiettivo Lavoro in 2016, Randstad is now the second largest staffing firm in Italy (13% of the market), followed by Manpower (11%) and GI Group in fourth with 9% of the market. The top three account for 39% of the market, however, the market share of this leading group has decreased slightly from 2017. 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 (€). To download a full copy of this report, click below: Largest Staffing Firms in Italy - You do not have permission to view this object. […]

  • European Employment Barometer Q1 2019

       SIA is delighted to provide this interactive research tool in collaboration with the World Employment Confederation. Our European Employment Barometer provides users with the capability to interactively drill through various levels of data – filter, sort, and download.This tool provides an overview of key labour market indicators relevant to the staffing, recruitment and workforce solutions industry in Europe. The dashboard shows labour quarterly market trends in 33 different countries, from Q2 2016 until the latest data release.Data Sources and AnalysesData collated from Eurostat’s most recent labour market survey findings on Total Employment provide us with insights into various areas such as: Y/Y change in total employment Part-time workers as a percentage of total employment Employment rate Unemployment-to-employment transition We review Temporary Employment metrics by looking at the number of temporary employees per country and compared to a European average. Other areas we focus on are: Temporary employees as a percentage of total employees Temporary employees by length of contracts Temporary employees by education Temporary employees by occupation, and Temporary employees by economic activity The data in the Agency Work tab is provided directly by European staffing associations as part of our partnership with the World Employment Confederation. This data shows business trends in the temporary agency work sector in 12 countries, from Q2 2016 to the latest data release. We also provide a unique set of correlations between temporary agency work indicators and other economic factors to illustrate the impact, or not, of wider economic trends on temporary agency work.With the Gig economy and human cloud landscape playing an ever-increasing role in the workforce solutions ecosystem, new to this quarter, our Barometer will now include statistics regarding online freelance labour. The Online Labour Index (OLI) from the Oxford Internet Institute is the first economic indicator that provides an online gig economy equivalent of conventional labour market statistics. It measures the supply and demand of online freelance labour across countries and occupations by tracking the number of projects and tasks across platforms in real time.European Employment Barometer Interactive Too […]

  • Overview of the French Staffing Market

    This report provides an overview of revenue trends in the French staffing market between 2015 and Q1-2019. Following a strong 2017, revenue growth decelerated in 2018 (p.3). The total number of temporary agency workers is broken down by skills category. Our data shows demand for professionals and managers was more resilient than for all other skills categories (p.4). Over 80% of the temporary agency workers are assigned to clients in the Services and Industrial sectors. In 2018 demand grew the most in the Agricultural, Services and Construction sectors (p.5). The median duration of assignments was longest in the Construction industry, and increased the most in the Industrial sector, followed by Agriculture and Construction (p.6). In 2018, the regions with the largest number of temporary agency workers were Ile-de-France and Auvergne-Rhone-Alpes (p.7). This report should be read in conjunction with our Largest Staffing Firms in France report and Look at the French Workforce Environment To download a full copy of this report, click below: Overview of the French Staffing Market 20190828 - You do not have permission to view this object. […]

  • Largest Staffing Firms in France

    France is one of the longest established staffing markets and the third largest national market in Europe. The Adecco Group is the largest staffing firms in the French market. It is followed by ManpowerGroup and Randstad. However, the market share of this leading group is decreasing. The French market grew by 5.4% in 2018, on the back of a strong year 2017. The 50 largest firms outperformed the market as their combined revenue increased by 6.5%, compared to 2017. French staffing groups Partnaire and Piment were the fastest growing companies in the Top 50 in 2018. Just four firms inside the Top 50 saw their revenue decline during the same year, while 25 competitors outpaced the Top 50 median annual growth rate. 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 (€). This report should be read in conjunction with our Overview of the French Staffing Market and Look at the French Workforce Environment. To download a full copy of this report, click below: Largest Staffing Firms in France 20190828 - You do not have permission to view this object. […]

  • Performance of the Largest Staffing Firms in Australia

    • We estimate the Australian Staffing Market was worth AUD 20.4 billion in 2018 (USD 15.3 billion). This represents 3% of the global market and makes Australia the 8th largest market globally.• According to the IMF, the Australian economy grew by 2.8% in 2018, up from 2.4% in 2017. However, the rate of growth has slowed in Q1 2019 and was lower than forecast. The 1.8% annual expansion in Q1 2019 (vs Q1 2018) was the weakest since the global financial crisis.•The unemployment rate declined during 2018 reaching a low of 5.0% in the second half of the year. Despite this, there are signs of stress in the retail sector, residential building and motor vehicle sales.• The 26 staffing companies analysed in this report have combined revenues of AUD 13.4bn (USD 10.0 billion) and account for 66% of total market revenue.•Global players operating in the Australian market include Recruit, Persol, Manpower, Hays, Adecco, Randstad, Robert Walters, Robert Half, Michael Page, Brunel and Fircroft.• The local Australian companies covered in the report include Ignite, Finite, People Infrastructure (previously AWX), Rubicor, Ambition and Workpac.• The largest company in the Australian market is Hays with revenue of AUD 2.29 billion (USD 1.7 billion). Recruit (Chandler MacLeod plus Peoplebank) is second largest with revenue of AUD 1.78 billion (USD 1.3 billion). Revenue growth of the largest 26 firms for the latest year was 10.5%, above the previous year’s growth of 5.1%, and well above market growth. • Gross margin averaged 16.5% for the latest year, a reduction from the 16.8% achieved a year earlier. Gross margin ranged from a low of 6.1% for Fircroft to a high of 37.3% for Ambition.• The measure of profitability used in the review is EBITDA. The ratio of EBITDA to revenue averaged 2.4% in the latest year, the same as the previous year.To download a copy of the report please click below: Performance of the Largest Staffing Firms in Australia 20190830 - You do not have permission to view this object. […]

  • India 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: Market Snapshot India - You do not have permission to view this object. […]

  • Global Overview of Developments in Data Privacy: 2019 Update

    Key Findings US cross-party talks have stalled over a comprehensive federal privacy law while state legislatures seek to impose broad obligations on businesses as to the use and control of personal data. The US continues to ensure an adequate level of protection for personal data transferred under the EU-US Privacy Shield, subject to a pending ruling of the European Court of Justice following a complaint to have the Privacy Shield struck down.  Brexit: If the UK leaves the EU without a “deal”, and without an Adequacy Decision by the EU, businesses transferring data to the UK must adopt standard contractual clauses by 31 October 2019 and US businesses relying on the Privacy Shield must update their commitments. California’s Consumer Privacy Act is amended by AB 25 to exclude employee data for a limited period. Brazil’s General Data Protection Law (13,709/2018) was amended by Provision Measure no. 869/2018 and will come into full effect in August 2020. Thailand's new Personal Data Protection Act 2019 (PDPA) will come into effect on 27 May 2020. To download the full report, click below: Global Overview of Developments in Data Privacy_Update20190821 - You do not have permission to view this object. […]

  • APAC Financial Calendar 2019/2020

    The attached spreadsheet shows you the dates when the listed staffing firms in APAC are due to bring out their financial results.The spreadsheet is formatted to be uploaded into the Outlook Calendar. To do this please carry out the following steps.1. Save the file to your desktop without opening it2. Open Outlook if necessary3. Create a new calendar (right click on the existing calendar icon) in the folder view.4. Go to File – Open & Export – Import/Export5. Select Import from another program or file.6. Select Comma Separated Values (DOS)7. Select the file to import from your desktop8. Allow duplicates to be created9. Select the new calendar created in step three.10. Hit the finish button.The instructions are for Outlook 2013.To download the spreadsheet, click below:  APAC Financial Calendar 20190819 - You do not have permission to view this object. Remember the events listed will be covered in the Daily News and the APAC Financial Results reports the latest version of which you can find here. If you have any updates, changes or new information, or a problem with the process above please don’t hesitate to contact me via the email address to the right […]