Global Daily News

  • Appeals ruling says Uber, Lyft can't classify drivers as independent contractors

    An appellate court in California upheld a trial court preliminary injunction prohibiting Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) from classifying their drivers as independent contractors in a lawsuit brought by the California attorney general and city attorneys from Los Angeles, San Diego and San Francisco.The 74-page ruling was released Thursday.It follows the trial court’s preliminary injunction issued in August. Enforcement of the preliminary injunction had been postponed pending the appeal; however, the trial court found that Uber and Lyft would likely not prevail based on the “B” prong of the “ABC” test of employer misclassification. The B prong requires that an independent contractor must perform work that is outside the usual course of a hiring entity’s busi …

  • Robert Half reports Q3 revenue down 23.3%, but Protiviti revenue rises

    Third-quarter revenue at Robert Half International Inc. (NYSE: RHI) fell 23.3% year over year, and gross margin narrowed. The decline in revenue was 23.9% when adjusted for currencies and billing days. Revenue declines occurred across business segments except for Protiviti where revenue rose 7.4%.The company did note an improving trend with temporary and consultant staffing revenue: For September alone, it was down 29.3% adjusted for currencies and billing days compared to 30.7% for the full quarter. Improvement continued in the first two weeks of October with revenue down 27% on an adjusted basis.CEO M. Keith Waddell noted sequential gains in prepared comments and struck a positive note in a conference call with analysts.“While uncertainty remains in the overall economic environment as th …

  • People: ITC2, The HT Group, Odgers Berndtson

    IT staffing provider ITC2 appointed Carol Kelly as VP of operations and service delivery. Kelly joins ITC2 from Advocate Networks where she served as director of partner services for 16 years.The HT Group hired Paul McGaughan as practice director overseeing IT staffing and recruiting. McGaughan joins the Austin, Texas-based firm with more than 20 years of experience.Darin DeWitt was appointed as head of the healthcare services practice at executive search firm Odgers Berndtson. DeWitt has more than 20 years of experience in executive search and most recently served at Caldwell Partners.

  • Companies argue ‘Walking Dead’ stuntman was employee, not IC, to fight $8.6 million verdict (Variety)

    AMC Networks argued that a stuntman who died during filming of “The Walking Dead” TV show was actually an employee — not an independent contractor — in an appeal of an $8.6 million jury verdict, Variety reports. The trial court had found the production companies liable for the death John Bernecker in July 2017. However, if Bernecker were found to be an employee, the damages would be covered by the workers’ compensation system rather than by court judgment.

  • Covid-19 remaking the US labor market (Politico)

    Covid-19 is reshaping the US job market with just two-thirds of Americans working for the same employer in September as they were in February, Politico reports. The widespread displacement has set off a scramble for people to find new skills and careers. Heidi Shierholz of the Economic Policy Institute, and former Labor Department chief economist, told Politico that after the shutdown there was a delusion that things would soon return to normal; now, people realize that normal won’t return until well after a vaccine is released.

  • Sweden – Poolia’s third-quarter revenue and profits hit by pandemic

    Poolia (POOL-B:STO), a Swedish staffing firm, reported revenue for the third quarter ending 30 September 2020 of SEK 342 million (€33.0 million), a decline of 17.9% compared with the same period last year.The company said its revenue decline is attributable to effects of the Covid-19 pandemic.Demand for staffing services was negatively impacted during the third quarter of 2020 due to the shutdown of communities caused by the spread of Covid-19. This led to both reduced sales and lower earnings for the group compared with the same period last year.The largest decrease in revenue took place in Germany, Norway and Finland. These countries have largely been in some form of lockdown during the reporting period. The company’s business in Sweden was affected to a lesser extent as the country’s co …

  • UK – London white collar vacancies up in September, but latest lockdown could dent growth

    Hiring in London was improving before tier two lockdown restrictions were enforced, with demand for IT experts up as London’s businesses prepare for continued remote working, according to new research from the Association of Professional Staffing Companies and business intelligence specialist Vacancysoft.The data showed that, despite the Coronavirus Job Retention Scheme winding down and on-going economic uncertainty, London saw a marked increase in recruitment in September. The average number of daily professional vacancies added for the month totalled 431, up from 386 in August and 194 at the height of the pandemic in April. APSCo said in a normal market this figure would range between 500 and 600, suggesting that London’s hiring was heading towards normal levels shortly before the tier t …

  • UK – GLAA bans recruiters after they exploited agricultural workers

    A husband and wife who run a recruitment firm in the UK have been banned from acting as company directors for a total of 21 years after they exploited and abused agricultural workers, according to the Gangmasters and Labour Abuse Authority.The firm, Lincolnshire Recruitment Services Ltd, was incorporated in June 2012, providing workers for the agricultural industry.The husband, Lincoln-based Simon Melville has been disqualified for 11 years, while his wife, Julie Melville, has been banned for 10 years. They are now banned from acting as directors or directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company.Lincolnshire Recruitment Services began to struggle and entered into creditors’ voluntary liquidation in …

  • Netherlands – Seasonal worker staffing agencies need licencing, campaigners say (Dutchnews.nl)

    Trade unions, local authorities and seasonal workers in the Netherlands are calling on the government to introduce a licencing system for seasonal worker staffing agencies, in a bid to stop widespread exploitation in the sector, reports Dutchnews.nl and current affairs show Nieuwsuur.  A government working party under the leadership of former Socialist Party chief Emile Roemer is currently finalising its second report on working conditions for seasonal workers, which is reportedly set to lead to calls for tougher and broader regulation. “Local councils do their bit, they look at accommodation,” Bart Plaatje, a spokesman and union officer for trade union FNV said. “Social affairs ministry inspectors look at the place of work and working conditions, but no-one works together, and staffi …

  • World – Robert Half third-quarter revenue falls 24%, Protiviti reports growth

    Global staffing firm Robert Half International Inc.  (NYSE: RHI) reported third-quarter revenue decreased by 23.9% on a same billing-day, constant-currency basis.The 23.9% decrease was a slight improvement over the second-quarter’s 26.9%.On an as-adjusted basis, third quarter staffing revenues were down 31.2% year-over-year. US Staffing revenue was down 31.9% from the prior year. International Staffing revenue was down 28.9% year-over-year on an as-adjusted basis. Global Protiviti reported an increase in revenue of 6.4% on an as-adjusted basis. Robert Half has 88 locations in 17 countries outside the United States.“Protiviti had another outstanding quarter, reporting its 12th consecutive quarter of year-on-year revenue gains, leveraging a strong pipeline of diversified services o …

  • India – Online recruitment slips 10% in September: Monster Employment Index

    Online recruitment in India fell by 10% in September 2020 when compared to September 2019, according to data from the Monster Employment Index.Month-on-month, the Index registered growth of 6%, indicating improving hiring sentiments among companies.On a year-on-year basis, media & entertainment led e-recruitment activity (8%) among industries.Industries that continued to decline in annual growth are travel and tourism (-56%), production and manufacturing (-36%) and education (-31%).Annual online demand for professionals increased in 6 of the 14 functional areas monitored by the Index.Online demand for professionals in job-roles such as customer service (+4%), healthcare (+2%) and arts/creative (2%) increased between September 2019 and 2020. Functional roles in hospitality & travel …

  • New Zealand – Seek job ads down 28% in Q3, but shows signs of recovery

    New job ads posted on Seek New Zealand decreased by 28% in the third quarter of 2020 when compared to the third quarter of 2019.Job ads on Seek New Zealand were up 66% when comparing Q3 2020 to Q2 2020 as the country recovers from the impacts of Covid-19.Janet Faulding, General Manager, Seek NZ, said, “This quarter has seen month-on-month positive growth with the exception of August which coincided with the introduction of a second lockdown in Auckland.”“Spending close to three weeks in alert level three took its toll on our biggest city and is reflected in the nationwide figures too. However, the recent return to alert level one nationally should bring hope to job seekers across the board. This demonstrates the close correlation between restrictions and the impact on jobs. We are currentl …

  • Australia – Workplace watchdog fines café after it deliberately underpays staff

    Australia’s workplace watchdog, the Fair Work Ombudsman, secured a total of AUD 232,545 (USD 165,947) in penalties in court against the company that operates ‘Barry Café’, in Melbourne, and two of its directors after they deliberately underpaid 73 staff members AUD 180,641 (USD 128,886).The 73 employees were underpaid over a 12-month period between April 2017 and April 2018, with underpayments of individual workers ranged from AUD 31 (USD 22.12) to AUD 12,315 (USD 8,789.22).Most of the underpayments related to a failure to pay employees the penalty rates and casual loadings they were entitled to under the Restaurant Industry Award 2010, with minimum wage rates also underpaid for some employees.The court found that the company directors were aware that they were not meeting their oblig …

  • Japan – Less than 20% of workers telecommute despite calls to do so amid pandemic (NHK World)

    Less than 20% of workers in Japan were found to be telecommuting despite calls to do so to prevent the spread of the coronavirus, reports NHK World, citing a poll from the Japan Productivity Center. The poll wanted to find out if the pandemic had actually led to changes in the way people work in Japan. The results showed that 18% of the 1,100 respondents worked remotely at least one day a week as of October. Productivity Center officials said companies in regional cities and smaller firms may not have the necessary IT systems to allow teleworking. Those who do work from home are split more or less evenly on the productivity of telecommuting. Half, or 50%, said their efficiency has improved, while 49% said it has declined.

  • Asia Pacific – Renrui HR provides third quarter business update, number of flexible staff increases

    Renrui Human Resources Technology (6919: HKG), a mainland China-based flexible staffing services provided a business update on key financial indicators for the third quarter of 2020.The board announced that the unaudited revenue and gross profit of the group for the three months ended 30 September 2020 amounted to approximately RMB 733.2 million and RMB 66.6 million, respectively.The gross profit margin of the group for the three months ended 30 September 2020 was approximately 9.1% (for the six months ended 30 June 2020: approximately 8.3%).As flexible staffing services is the major business segment of the group, Renrui has been focusing on the development of this business segment and the continuous recruitment of flexible staffing employees to be deployed to clients.The board of director …

Latest Research

  • Largest Staffing Firms in the United States: 2020 Update

    Key Findings This report highlights 175 companies that generated at least $100 million in US staffing revenue in 2019. Added together, these firms generated $96.7 billion in such revenue, making up 63.5% of the market by our estimates. The full list of companies appears starting on page 5. We define “staffing” revenue as revenue generated from the provision of temporary workers to business clients, as well as from “place & search” services (direct hire/ permanent placement and retained search.) We also include revenue from “temp-to-hire” conversions. 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 better service or more value to its shareholders. Staffing firms varied in degree of f …

  • North America Staffing Company Survey 2020: Staffing firm key metrics – which are most used and which are the best?

    Key Findings: Sales/marketing metrics. The most common top metrics used by staffing firms to measure sales/marketing effectiveness are “gross profit dollars” and “job orders or new job orders,” together accounting for nearly half of responses. Firms using “gross profit dollars” as top sales/marketing metric tended to outperform in this regard; those using “job order or new job orders” tended to underperform. Among less commonly used top metrics, “call count or activity” was also associated with superior performance and two other metrics – “gross margin percentage” and “website/social media activity” were used exclusively by low-performing firms. Efficiency/expense control. The most common top metrics used to measure efficiency/expense control effectiveness are “expense/gross profit,” “expe …

  • Key Findings: Acquisition multiples. The mid-range (25th percentile to 75th percentile) reported Price/EBITDA multiples were 3.0x to 5.0x. Current valuations are at the high end of post-2009 trends. Larger acquisitions tend to earn a higher multiple. A similar pattern was observed in a like 2012 SIA analysis. Propensity to acquire is directly related to firm size. Among staffing firms of $10 million in revenue or smaller, only 11% did an acquisition in the last three years, and average acquisitions per firm were just 0.2. Frequency of acquisition increased at every revenue increment up to the largest size category of greater than $250 million, among which firms 59% had done at least one acquisition and average acquisitions per firm were 1.7. Who advises staffing firm acquirors. Thirty-nine …

  • Latin America Legal Update Q3 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across Latin America in Q3 2020:Brazil     General Data Protection Law now in force           Puerto Rico        Law on workplace harassment introduced     Extended maternity leave for adoptive mothers         Legal Disclaimer: The information contained in this report 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 legal counsel before acting on any of the information contained in this report.To download a pdf copy of this updat …

  • North America Staffing Company Survey 2020: Do staffing firms benefit from engaging with online rating websites?

    Key Findings: Degree of engagement. Seventy percent of staffing firms engage with online rating websites to at least some degree. Among those staffing firms that engage with rating websites, the most common form of engagement is simply monitoring their own firm’s ratings (76%). More than half (53%) respond to negative reviews. Another 42% have signed up and added a company description, phone and location, etc. Only 5% of such staffing firms purchase advertisements. Large staffing firms of greater than $100M in revenue are the most active with respect to online rating websites, and small firms of $10M or less in revenue are the least engaged. Engagement associated with positive returns for recruiting. Staffing firms reported that the more they engaged with rating websites (in terms of activ …

  • EMEA Financial Results Q2 2020

    Revenue in the reported 34 publicly traded staffing firms in the EMEA region fell by a median of 19.9% during Q2 2020, compared to the same period in 2019. Among the companies included in this report, 29 firms reported a decrease in revenue. The Covid-19 outbreak negatively impacted the results of many staffing firms during Q2 2020. The subsequent lockdowns and restrictions led to many European countries entering a recession. The majority of lockdown measures were enacted in March, affecting results for the staffing firms during the second quarter. The median gross margin fell slightly by 0.2% compared to last year. Median net income fell by -68.9%. For more information about each company’s results, please click on the links provided or visit the companies’ individual websites. This report …

  • Middle East and Africa Legal Update Q3 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across Middle East and Africa in Q3 2020:Nigeria  New visa policy Saudi Arabia      VAT rate tripledSouth Africa       Small businesses to benefit from proposed amendments to equality laws             UAE       Introduction of paid parental leave rights      Private sector equal pay law strengthened     Legal Disclaimer: The information contained in this report is provided solely for the purposes of information and should not be considered legal advice. It is always recommended to seek the advic …

  • We estimate that the Italian staffing market was worth €12.7 billion in 2019, a decrease of 2% when compared to 2018. Due to periods of high sustained growth, Italy is now the fifth largest national market in Europe and seventh globally alongside Australia and China with 3% of global revenue.  The market is highly consolidated, with Adecco as leader with a market share of 15%  Randstad in second place with 13% of the market, followed by Manpower (11%) and Gi Group which gained market share this year with 10% of the Italian market. 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 Eur …

  • Largest Staffing Firms in France

    France is one of the longest established staffing markets and the second 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 shrank slightly in 2019 (-1%). The 50 largest firms outperformed the market as their combined revenue increased by 8%, compared to 2018. French staffing groups Belvedia and Mistertemp were the fastest growing companies in the Top 50 in 2019. Nine 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 n …

  • Global Staffing Company Survey 2020: Concerns about current and upcoming legislation

    Key Findings: This report is based on responses to the following two survey questions: “Which of the following compliance issues concern you most (choose three)?” “What forthcoming legislation or regulation are you most concerned about?” Top compliance concerns of North American staffing firms. Nearly half of respondents (47%) selected workers’ compensation/health and safety claims as a top concern. The next two most common concerns were data privacy laws (37%) and wage and hour/pay and working time compliance (33%). In terms of forthcoming concerns, three issues dominated, together accounting for half of all reported concerns. Immigration issues, such as uncertainty about changes in rules governing immigration and limitations on H-1B visas, were the most frequently cited upcoming concern. …

  • APAC Financial Results Q2 2020

    Revenue in the reported 54 publicly traded staffing firms in the Asia Pacific region rose by a median of 1.3% during Q2 2020, compared to the same period in 2019.  Among the companies included in this report, 23 reported a decrease in revenue. The Covid-19 outbreak negatively impacted the results of many staffing firms during the reporting periods. Median gross margin fell by 0.1% compared to last year. Median net income fell by 0.7%. For more information about each company’s results, please click on the links provided or visit the companies’ websites To download the full report, please click below: APAC Financial Results Q2 2020 – You do not have permission to view this object.

  • Asia Pacific Legal Update Q3 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across the Asia Pacific region in Q3 2020:Australia              South Australia’s amended licensing regime in force        ACT introduces labour hire licensing from 2021   Queensland joins other states in criminalising ‘wage theft’            Alignment of NSW and federal modern slavery laws NSW bans insurance to cover increased H&S penalties     Controversial decision on personal / carer’s leave calculation overturned                Mor …

  • Interactive Directory of Suppliers to Staffing Firms

    This new interactive report identifies and categorizes specialist suppliers to staffing firms globally. Members can use this report to identify suppliers by both category and by geography.  With 25 different categories and over 1,300 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 range from specialist advisors and consultants, candidate engagement to compliance payroll & umbrella and many more.  If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: fprofeta@staffingindustry.com  You can access the interactive report here …

  • The Contingent Workforce Regulatory Environment in Japan

    Key Findings The Japanese staffing market is the second-largest staffing market in the world after the US. It is a relatively immature market where the legal provision of temporary agency workers was only permissible from the mid-1980’s. Legislation has evolved considerably since that time and has been one of the main drivers of market growth, though certain legislation has, at times, also acted to put a brake on growth. As legislation has changed, so have cultural attitudes towards flexible labour with less adherence to stereotypical Japanese ‘salaryman’ work structures. Nevertheless, legislation particularly relating to licensing, ‘reasons for use’ and length of assignment make Japan a more restrictive market to hire temporary agency workers compared to English-speaking staffing markets. …

  • Financial Analysis of the Largest Staffing Firms in Australia

    • This report provides a financial analysis of the largest staffing companies in the Australian market, examining revenue, gross profit, EBITDA and days sales outstanding.• We estimate the Australian Staffing Market was worth AUD 20.7 billion in 2019 (USD 14.4 billion). This represents 3% of the global staffing market and makes Australia the 8th largest market globally.• The 26 staffing companies analysed in this report have combined revenues of AUD 14.1bn (USD 9.8 billion) and account for 68% of total market revenue.• Global players operating in the Australian market include Recruit, Persol, ManpowerGroup, Hays, The Adecco Group, Randstad, Robert Walters, Robert Half, Michael Page, Brunel and Fircroft. The local Australian companies covered in the report include Ignite, Finite, People Inf …