Global Daily News
- Insight Global to pay $2.7 million in whistleblower lawsuit
Staffing company Insight Global LLC agreed to pay $2.7 million related to allegations in a whistleblower lawsuit that it didn’t implement adequate cybersecurity measures during the Covid-19 pandemic, the US Department of Justice announced May 1.The Atlanta-based company, which had a contract with the Pennsylvania Department of Health to provide staffing for Covid-19 contact tracing, did not adequately keep the personal health information of contract tracing subjects confidential and secure, according to the Department of Justice.The whistleblower in this instance, Terralyn Williams Seilkop, will receive a $499,500 share of the settlement.Seilkop, who lives in Florida, formerly worked as Insight Global’s business intelligence reporting manager on the project as an independent contractor, ac …
- Upwork Q1 revenue up 18.8% with boost from flat-fee pricing
Upwork Inc. (NASDAQ: UPWK) reported first-quarter revenue rose 18.7% to $190.9 million. Gross margin at the world’s largest talent platform also improved, and net income rose 7.4%.“We continue to accelerate profitability while investing in growth and innovation,” President and CEO Hayden Brown said in a press release.Revenue growth was driven, in part, by the final transition to the company’s new flat-fee pricing structure that was introduced last year, CFO Erica Gessert said in a conference call with analysts.Upwork’s gross services volume — the total amount that clients spend on Upwork’s offerings as well as additional fees to talent and clients for other services — rose 1% to nearly $1.01 billion.Its marketplace take rate rose to 17.7% in the first quarter from 14.7% in the first quarte …
- Cognizant revenue slips 1.2%, though growth seen in Europe
First-quarter revenue at Cognizant Technology Solutions Corp. (NASDAQ: CTSH) fell 1.2% in constant currency. The IT services giant reported revenue declines across geographies except for Continental Europe, where revenue rose 3.1%.“During the first quarter, we delivered revenue above the high-end of our guidance range and continued to make progress against our strategic priorities,” CEO Ravi Kumar S said in a press release.The number of employees at Cognizant fell by 7,100 year over year in the first quarter to 344,400. The company also reported $23.0 million in restructuring charges in the first quarter.The quarter also includes Cognizant’s acquisition of IT services and consulting firm Thirdera.“Our recently completed acquisition of Thirdera, [a] ServiceNow partner, is already opening ne …
- Cross Country Q1 results reflect nursing ‘headwinds,’ physician segment up
Cross Country Healthcare Inc. (NASDAQ: CCRN) cited near-term headwinds in its nursing segment, but its physician staffing segment posted growth. Overall, the Boca Raton, Florida-based healthcare staffing firm reported first-quarter revenue fell 39.1% to $379.2 million. It was within guidance.“Our first-quarter results reflect our ability to execute in a challenging market. We are especially pleased with the momentum we are seeing in physician staffing, homecare and education,” President and CEO John Martins said in a press release. “With near-term headwinds for contingent nursing labor, we continue to right-size our infrastructure while managing the business for the long term.”The company’s physician staffing business posted revenue growth of 16.3% in the first quarter to nearly $47.0 mill …
- Barrett revenue rises in Q1 as PEO business grows
First-quarter revenue at Barrett Business Services Inc. (NASDAQ; BBSI) rose 4.4% year over year to $265.8 million with the growth in its PEO business.PEO revenue rose 6.0% to $246.2 million. The increase in PEO revenue came amid a 3% increase in the average number of worksite employees from net new clients and higher average billings per worksite employee.Staffing revenue fell 12.4% year over year to $19.6 million.Barrett recorded a net loss for the first quarter. It attributed the loss to an increase in payroll taxes that was partially offset by decreased workers’ compensation expenses and an increase in investment income.Based in Vancouver, Washington, Barrett provides both staffing and PEO services. Click to enlarge. Share priceShares in Barrett Business Services were down 3.63% to $117 …
- MPs launch inquiry into UK hospitality recruitment
The UK All-Party Parliamentary Group (APPG) for Hospitality and Tourism is launching an inquiry into ‘recruitment and retention of staff in hospitality’.The review will explore the reasons behind high vacancy rates in the sector and make a series of recommendations to government.According to the APPG, the industry has more than 100,000 vacancies and shortages have remained a persistent issue for businesses for several years.It comes as one in five UK adults consider hospitality an appealing industry to work in. The APPG will explore what the sector and government can do to change the perceptions of the sector and make it more appealing.Simon Jupp MP, chair of the hospitality and tourism APPG, said, “Staffing challenges in hospitality and tourism has continually been raised by businesses as …
- Greece leads the EU in long-working hours
Across the EU countries, Greece had the highest share of workers with long hours (11.6%) in 2023, according to Eurostat, the statistical office of the European Union.Long working hours refer to those workers who usually spend 49 hours or more per week at work.Overall, in 2023, 7.1% of employed people in the EU worked long hours in their main job.While Greece led the way, this was followed by Cyprus (10.4%) and France (10.1%). Meanwhile, the lowest rates were recorded in Bulgaria (0.4%), Lithuania and Latvia (1.1% each). The data showed that there was a higher rate of self-employed people worked long hours (29.3% of total self-employed people) compared with employees (3.6% of total employees).Long working hours were more common among skilled agricultural, forestry and fishery workers ( …
- APSCo appoints new committee to shape strategic direction
The Association of Professional Staffing Companies (APSCo) UK, announced it appointed its new Representative Committee to help shape the trade association’s strategic direction, including 12 individuals who start their first term in this position.The new UK Committee consists of: Amy Davies, Managing Director, PGC Group Amy Gudgeon, Associate Director, 3D Recruit Ltd Barnaby Parker, Chief Executive, Venquis Che Hookings, CEO, Recruit 121 Christopher Eldridge, CEO – UKI & North America, Robert Walters Dan Taylor, Managing Director, Morgan Hunt Gavin Beart, Managing Director, Reed Education Ian Knowlson, Director, Talence James Hanbury, Senior Partner, SThree Jon Cox, Compliance Director, Pangea Talent Solutions Lee Knowles, Director, Adepto Technical Recruitment Lisa McLean, CEO, RGF St …
- Ireland’s jobless rate up
Ireland’s seasonally adjusted unemployment rate in April stood at 4.4%, up from a revised rate of 4.1% in March 2024 and from 4.1% in April 2023, according to the Central Statistics Office.Overall, the number of unemployed persons stood at 124,200 in April 2024.Breaking down the results, the monthly unemployment rate in April 2024 rose to 4.7% for females from the revised rate of 4.3% in March 2024, and up from a revised rate of 3.9% in April 2023.At the same time, the monthly unemployment rate in April 2024 was 4.1% for males, up from the revised rate of 3.9% in March 2024 and down from 4.3% in April 2023.Meanwhile, the youth unemployment rate (15-24) increased to 10.6%, from a revised rate of 9.2% in March 2024. Further data also found that the monthly unemployment rate for people aged 2 …
- Staffing 100 Europe: don’t hesitate to nominate
Nominations are currently being accepted for SIA's 2024 Europe Staffing 100 list of the most influential people in the European staffing industry. The deadline is later this month, 24 May 2024.The list comprises 100 executives who have made a difference in the European staffing industry. It is not a ranking but a contemporary look at the most influential people in the European staffing market. The selection committee at Staffing Industry Analysts reviews the nominations and makes the final determination of who makes the list.The Staffing 100 Europe recognizes executives who have significantly impacted their companies or the ecosystem — for example, ideas for new work arrangements, products or leadership efforts that resulted in increased revenue. Perhaps it's someone who dev …
- Global workforce faces health hazards due to climate change
More than 70% of the global workforce is likely to be exposed to climate-change-related health hazards, and existing occupational safety and health (OSH) protections are struggling to keep up with the resulting risks, according to a new report by the International Labour Organisation (ILO).The ILO’s report, ‘Ensuring safety and health at work in a changing climate’, says that climate change is already having a serious impact on the safety and health of workers in all regions of the world.Estimates by the ILO showed that more than 2.4 billion workers (out of a global workforce of 3.4 billion) are likely to be exposed to excessive heat at some point during their work, according to the most recent figures available (2020). When calculated as a share of the global workforce, the proportion has …
- Engineering community Qiita discontinues Qiita Jobs
Japan-based engineering community Qiita Co., Ltd. has decided to discontinue its "Qiita Jobs" matching service for engineers and companies as of 31 May 2024.The company did not specify a reason for the shutdown.Qiita is a service for recording and sharing knowledge about engineers.In a message posted on its site, “We would like to express our deepest gratitude to all our customers and corporate recruitment staff for your continued patronage, and we sincerely apologise for the sudden announcement.”
- Labour hire firms under investigation over possible underpayments
Labour hire firms at a farm in Australia are under investigation into possible underpayments and other non-compliance.Labour Hire Authority compliance officers and Fair Work Ombudsman inspectors visited the farm in April, following reports alleging issues with underpayment of workers, record-keeping and licensing, including an allegedly unlicensed provider. The farm is located in Melbourne’s south-east.Officers interviewed workers and key staff from the host and providers, and collected financial documents to enable thorough investigation of the claims.The host advised they used LHA’s Follow My Providers tool to stay updated on their provider’s licence status and ensure they were only using licensed providers to supply their workers.Under the ‘Labour Hire Licensing Act 2018 (Vic) …
- Philippine government employees demand regularisation
Public employees in the Philippines have decried the extended employment of job order and contract service workers in the government, saying that it prolonged the exploitation of contractual workers, reports PhilStar. Public Services Labour Independent Confederation (PSLINK) president Annie Geron said, “It’s no different from renewing an endo (end-of-contract) worker in the private sector for another six months or so. Extending the deadline in the engagement of individual contract of service and job order workers does not address the worsening contractualisation in the public sector.”“They will continue to live in fear of losing their jobs and failing to support their families. They will continue to be paid subpar wages and excluded from mandatory benefits and social protection,” she added …
- Accordant appoints Rod Hyde to the role of Group CFO
Accordant (AGC:NZC), the New Zealand-based temporary staffing provider announced the appointment of Rod Hyde as group chief financial officer-designate with effect from 20 May.Hyde replaces Tony Staub who leaves the company on 29 May 2024.Hyde has extensive experience across a diverse range of industries and sectors including working within various listed entities, with his recent roles focused on high growth businesses and those with multiple brand business units. Most recently, he was executive general manager, product and technology, at Xero.Jason Cherrington, Accordant's Chief Executive said, "I look forward to working closely with Rod as we navigate the current market opportunities and look to the future. His proven ability to take both a high-level strategic view and work t …
Latest Research
- SIA | Bullhorn Staffing Indicator – April 30, 2024
US Staffing Remains Significantly Below Last Year’s Level Week ending Apr 20, 2024 Indexed Value Y/Y W/W US Staffing 83 -12% 0.9% Commercial Staffing 69 -13% 0.9% Professional Staffing 118 -12% 1.0% IntroductionReleased weekly, the SIA | Bullhorn Staffing Indicator comprises two sets of analyses; a Year-over-Year comparison showing how the week that ended ten days ago (“last week measured”) compares to the same week 12 months previously and an indexed value that has been benchmarked against data from the week ending January 13th, 2019.Year-over-year changes for the week ending April 20thTemporary staffing hours worked for the week ending April 20th (“last week measured”) were down -12% compared to the corresponding week a year ago, according to the Indicator.Temporary staffing hours comple …
- Protections for Gig and Platform Workers
Key Findings Several governments in Europe and Latin America have introduced or are proposing measures to provide a legal framework for the operation of digital labour platforms The EU recently agreed on a Platform Workers Directive which follows Spain, Portugal and Belgium by introducing an EU-wide presumption of employment for those doing “platform work” Legal issues arising from the digital labour platform model include worker misclassification, AI and data protection risk, enforcement of tax and labour rights, and the ease of carrying out supply chain due diligence for staffing firms and buyers Legal Disclaimer: This update is provided solely for the purposes of information and should not be considered legal advice. It is always recommended to seek the advice of qualified leg …
- Workforce Solutions Buyer Survey: 2024 Americas Results
When asked to what extent they agree with the following statement: “Our overall practices for our contingent workforce are leading edge”, 31% of participants agreed (we refer in the report to these as “Leaders”), while another 31% disagreed (“Laggards”). Overall, Leaders are significantly more likely to rate their programs as providing a competitive advantage in talent attraction, retention, and ROI compared to Laggards. Respondents reported a median 20% and average (mean) 22% contingent share of their total workforce. Of the services/technologies listed in our survey, the most commonly used is a VMS, with 81% of respondents noting they have one in place. Having a program for diversity suppliers is the most common workforce strategy, in place at 67% of companies. The three-year rolling ave …
- April 2024 Jobs Report
Event: The March Employment Situation, released today by the US Bureau of Labor Statistics (BLS), indicates that total nonfarm employment rose by +303,000 in March on a seasonally adjusted basis, while temporary help services employment declined by -1,300 jobs. The temporary agency penetration rate was 1.74% in, down from a revised February rate of 1.75%. The national unemployment rate declined to 3.8%, from 3.9%.Employment expanded in most industry groups. The group with the largest gain was again Health and social assistance, which added +81,300 jobs; followed by Government, which added +71,000 jobs; and Leisure and hospitality, which added 49,000 jobs. Employment was unchanged in both the Manufacturing and Information sectors. The only monthly decline was in the Temporary help serv …
- Directory of Suppliers to Staffing Firms (Americas)
This interactive report identifies and categorizes specialist Americas headquartered suppliers to staffing firms. Members can use this report to identify suppliers by both category and by geography. With 25 different categories and over 850 firms, the Directory provides a comprehensive range of solutions and services that staffing firms may require to operate their businesses more efficiently and more effectively. Our categories include: Advisors & Consultants Analytics & Benchmarking Candidate Assessment Candidate Engagement Compliance, Payroll & Umbrella Front & Back Office Software Online Job Advertising Recruitment Marketplaces Sourcing Automation Staffing Platform-as-a-Service (SPaaS), full list of categories can be found on the directory tab. If you believ …
- Workforce Solutions Buyer Survey: 2024 UK Results
When asked to what extent they agree with the following statement: “Our overall practices for our contingent workforce are leading edge”, 33% of participants agreed (we refer in the report to these as “Leaders”), while another 29% disagreed (“Laggards”). Overall, Leaders are significantly more likely to rate their programs as providing a competitive advantage in talent attraction, retention, and ROI compared to Laggards. Respondents reported a median 20% and average (mean) 24% contingent share of their total workforce. Of the services/technologies listed in our survey, the most commonly used is a VMS, with 80% of respondents noting they have one in place. Having SOW included in the CW program is the most common workforce strategy, in place at 66% of companies On a scale from 0 to 10 (with …
- Protections for Gig and Platform Workers
Key Findings Several governments in Europe and Latin America have introduced or are proposing measures to provide a legal framework for the operation of digital labour platforms The EU recently agreed on a Platform Workers Directive which follows Spain, Portugal and Belgium by introducing an EU-wide presumption of employment for those doing “platform work” Legal issues arising from the digital labour platform model include worker misclassification, AI and data protection risk, enforcement of tax and labour rights, and the ease of carrying out supply chain due diligence for staffing firms and buyers Legal Disclaimer: This update is provided solely for the purposes of information and should not be considered legal advice. It is always recommended to seek the advice of qualified leg …
- Workforce Solutions Buyer Survey: 2024 Europe Results
When asked to what extent they agree with the following statement: “Our overall practices for our contingent workforce are leading edge”, 32% of participants agreed (we refer in the report to these as “Leaders”), while another 33% disagreed (“Laggards”). Overall, Leaders are significantly more likely to rate their programs as providing a competitive advantage in talent attraction, retention, and ROI compared to Laggards. Respondents reported a median 20% and average (mean) 23% contingent share of their total workforce. Of the services/technologies listed in our survey, the most commonly used is a VMS, with 76% of respondents noting they have one in place. Having SOW included in the CW program is the most common workforce strategy, in place at 62% of companies. On a scale from 0 to 10 (with …
- UK Internal Staff Survey 2024: Full Report
This report summarizes SIA’s fifth annual survey of the internal staff of UK firms. This latest survey was conducted in late 2023 and implemented in conjunction with the 2023-2024 Staffing Industry Analysts’ “Best Staffing Companies to Work For” competition. Over 600 internal staffing firm employees from 19 UK staffing firms participated.Contents of the current survey and access to individual survey reports Use of AI and other technology by staff, training needed, desired technology Remote work prevalence, preferences, and how to support it Recruiting internal staff: what candidates want, who to recruit, effective methods How to retain internal staff: what drives staff satisfaction and why it matters Internal staff training: what staff want and importance of explaining resources Survey que …
- How To Retain Internal Staff
Staff satisfaction is the key to retention. Among staff giving their firm a net promoter “likelihood to recommend” satisfaction score of 0-4, the share saying they were open to quitting was 100%; that share declined with subsequent score increments, and above a score of 7 the share open to quitting was less than 10%. What drives staff satisfaction? Staff repeatedly emphasize two factors. In multiple survey questions respondents indicate that quality of senior leadership and work environment/culture are top drivers of job satisfaction. Staff offered advice on how management can perform well with regard to each. What else matters? Future opportunities and fairness also ranked relatively highly. Allowing at least some remote work time is important to staff satisf …
- Protections for Gig and Platform Workers
Key Findings Several governments in Europe and Latin America have introduced or are proposing measures to provide a legal framework for the operation of digital labour platforms The EU recently agreed on a Platform Workers Directive which follows Spain, Portugal and Belgium by introducing an EU-wide presumption of employment for those doing “platform work” Legal issues arising from the digital labour platform model include worker misclassification, AI and data protection risk, enforcement of tax and labour rights, and the ease of carrying out supply chain due diligence for staffing firms and buyers Legal Disclaimer: This update is provided solely for the purposes of information and should not be considered legal advice. It is always recommended to seek the advice of qualified leg …
- Directory of Suppliers to Staffing Firms (APAC)
This interactive report identifies and categorizes specialist APAC headquartered suppliers to staffing firms. Members can use this report to identify suppliers by both category and by geography. With 25 different categories and over 150 firms, the Directory provides a comprehensive range of solutions and services that staffing firms may require to operate their businesses more efficiently and more effectively. Our categories include: Advisors & Consultants Analytics & Benchmarking Candidate Assessment Candidate Engagement Compliance, Payroll & Umbrella Front & Back Office Software Online Job Advertising Recruitment Marketplaces Sourcing Automation Staffing Platform-as-a-Service (SPaaS), full list of categories can be found on the directory tab. If you believe yo …
- Temporary Staffing Platform Update
Staffing platforms marry technology and processes found in talent platforms (e.g. two-sided digital labor marketplace, ratings systems, algorithmic recruiting, management, and matching) with traditional staffing firm pricing models. The list of major staffing companies with a platform component has rapidly expanded since the pandemic. Today, 12 of the 15 largest staffing firms worldwide have a staffing platform, up from just four in 2019. The worldwide market for temporary staffing platforms reached a scale of $18.0 billion in 2023, a decline of 17% y/y. Despite the decline in 2023, temporary staffing platforms have achieved a 55% CAGR since 2019. Temporary staffing platform segment mix differs considerably from the overall global temporary staffing market. Most notable is the outsized pla …
- Renewable Energy Staffing Global Market Assessment
Globally, employment in the renewable energy industry is estimated to expand 8% in 2024, 9% in 2025, and a further 40% through 2030. We estimate the industry will add close to 10 million new jobs over the next seven years, and many roles will require workers with skillsets that are highly specialized or in high demand, providing great opportunities for companies operating in the workforce solutions ecosystem. Strong demand growth for renewable energy workers stems from ongoing support from both public and private sectors for the transition away from fossil fuels toward electricity with lower carbon footprints. This report analyses the renewable labor market as a whole as well as the markets for specific renewable technologies. Labor markets in the renewable energy sector vary in terms of t …
- Workforce Solutions Buyer Survey 2024: Initial Findings
This report contains initial findings of the 2024 Workforce Solutions Buyer Survey, including survey questions and summary statistics. The survey was conducted in early 2024 and reflects the opinions of respondents from 165 companies with contingent workforce and/or workforce solutions programs globally. A map and table summarizing participant regions appears on page 16. To qualify for the survey, a company must have 1,000 or more full-time equivalent employees (not including contingent workers). Only one respondent per company was used. More detailed analyses of survey responses will be released in separate reports. To access the complete report, please select the link below: Workforce Solutions Buyer Survey 2024 Initial Findings Global 03202024 – You do not have permission to view this o …
