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  • US Pulse Survey Report: September 2020 Selected Highlights

    Pulse survey respondents reported a median 10% y/y decline in their US temporary staffing revenue in August, in line with the median 10% decline in July. Many skill segments exhibited either stable or improving trends in August in comparison with July, indicating continuing recovery from the shock that hit in March. The travel nursing staffing skill segment reported median 17% y/y growth, while allied healthcare and locum tenens were each up 1%. Per diem nursing was flat. All other staffing skill segments reported y/y revenue declines in August, with the largest coming from the marketing/creative (median -18% y/y), office/clerical (-16%), and industrial (-15%) segments. Direct hire revenue was down a median 10% y/y. In terms of internal staff headcount now versus before the pandemic, 18% o …

  • North America Staffing Company Survey 2020: Staffing firm operations in the COVID-19 environment

    Key Findings: Changes in response to weakened market conditions. The three most common changes staffing firms have made are all revenue-related: increasing sales/marketing efforts, expanding market focus to new geographies or sectors, and focusing on protecting key accounts. The next four most popular changes are: accelerating adoption of new technologies, reducing non-employee costs, terminating some internal staff, and applying for additional borrowing. Specific current challenges. Many staffing firms reported challenges in the transition to remote work not only for internal staff but for placed temporaries. Additional challenges including trying to recruit candidates in an environment of enhanced unemployment benefits, declines in sales due to customer cutbacks, and various operational …

  • Fastest-Growing US Staffing Firms: 2020 Update

    Key Findings: This year, 75 firms made the list of fastest-growing US staffing firms with at least 15% compound annual growth in revenue from 2015 through 2019. There were 94 firms on last year’s list. JCW Search recorded the largest CAGR at 71.7%. The median CAGR for the top 10 firms on the list was 56.3% and for the full list was 27.4%, unchanged from 27.4% last year. Top 10 fastest-growing staffing firms this year are: JCW Search Ro Health Curate Partners Conexus MedStaff PGS Worldwide Health Carousel Hayes Locums GQR Global Markets Phaidon International (US) Next Level Business Services California was the state with the most headquarters of firms on the list with seven. It was followed by Georgia, New Jersey and Texas with six each. IT was the most-represented segment with 31 firms rep …

  • SI Report Webinar – September 2020

    In this webinar topics covered include: US staffing industry forecast: September update A deeper look at trends in IT staffing The gig economy and talent platforms Other recent SIA research And of course the latest updates on the state of the economy, employment trends and developments in the US staffing industry.Download presentation slides 200910 SI Report Webinar Presentation Slides – You do not have permission to view this object.  Select the play button to begin viewing.

  • US Staffing Industry Forecast: September 2020 Update

    Key Findings The COVID-19 outbreak has brought an abrupt end to a decade of sustained growth in the US staffing industry, as we project a 17% overall revenue decline this year. Nevertheless, revenue trends vary greatly depending on occupational segment and sector. In our forecast, the professional segments fare better than commercial (-10% vs. -20%) this year; while temporary staffing overall fares better than place & search (-14% vs. -33%). Only two segments of the US staffing industry are forecast to see revenue growth this year: travel nurse (+10%) and life sciences (+3%) staffing. Since our July forecast report, we updated our 2020 outlook for several segments of the industry based on additional information. We increased our forecast for travel nurse (10% from 5%), direct hire (-35 …

  • EMEA Financial Calendar 2020/2021

    The attached spreadsheet shows you the dates when the listed staffing firms in EMEA are due to bring out their 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:  EMEA Financial Calenda …

  • Most Attractive Staffing Markets Globally 2020

    This report provides comparative insights over 60 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 last analysis published in 2019. This global analysis is also broken down by region: Americas, Europe, Middle East and Africa, Asia-Pacific. The accompanying web-based, interactive assessment tool allows for fine-tuning this analysis to your business case. The tool is accessible from the report’s landing page. China stands out as the most attractive markets globally, according to our analysis, followed by Malaysia and Sweden. The Chinese market’s most attractive traits are highlighted in this report. The dramatic impact of the COVID-19 crisis is clear on a number of markets. However, …

  • Europe Staffing Company Survey 2020: Initial Findings

    Key Findings: This insight contains the initial findings of the 2020 Staffing Company Survey for staffing firms primarily operating in Europe (excluding UK). 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 2020 and reflects the opinions of 46 staffing firms. Data includes: responses to COVID-19; placement of at-home temporary workers; buyer discounts; involvement with rating sites; merger & acquisition activity; preferred metrics; use of technology and involvement in human cloud; legal concerns; and geographic expansion plans. To access the complete report, please select the link below: Europe Staffing Company Survey 2020 Initial Findings 20200908 – You do not have p …

  • UK Staffing Company Survey 2020: Initial Findings

    Key Findings: This insight contains the initial findings of the 2020 Staffing Company Survey for staffing firms primarily operating in the UK. 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 2020 and reflects the opinions of 51 staffing firms. Data includes: responses to COVID-19; placement of at-home temporary workers; buyer discounts; involvement with rating sites; merger & acquisition activity; preferred metrics; use of technology and involvement in human cloud; legal concerns; and geographic expansion plans. To access the complete report, please select the link below: UK Staffing Company Survey 2020 Initial Findings 20200907 – You do not have permission to view t …

  • Citation: The Fluid Workforce Revolution

    In response to the global spread of COVID-19, organisations and employees alike are now adapting to the “New Normal” but what does this look like? An in-depth survey of executives, 4,000 members of the fluid workforce, and nearly 1,000 permanent employees carried out by the Capgemini Research Institute prior and during the pandemic have indicated the following trends: The fluid workforce is becoming a core part of the organisational talent pool COVID-19 is further accelerating the use of a fluid workforce among organisations Organisations are filling critical expertise gaps with fluid workers in high-skilled roles Organisations fail to provide an experience endearing to the fluid workforce Capgemini have defined the fluid workforce as freelancers, independent, gig, or paid-crowds …

  • 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 …

  • Most Attractive Staffing Markets Globally 2020

    This report provides comparative insights over 60 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 last analysis published in 2019. This global analysis is also broken down by region: Americas, Europe, Middle East and Africa, Asia-Pacific. The accompanying web-based, interactive assessment tool allows for fine-tuning this analysis to your business case. The tool is accessible from the report’s landing page. China stands out as the most attractive markets globally, according to our analysis, followed by Malaysia and Sweden. The Chinese market’s most attractive traits are highlighted in this report. The dramatic impact of the COVID-19 crisis is clear on a number of markets. However, …

  • Citation: The Fluid Workforce Revolution

    In response to the global spread of COVID-19, organisations and employees alike are now adapting to the “New Normal” but what does this look like? An in-depth survey of executives, 4,000 members of the fluid workforce, and nearly 1,000 permanent employees carried out by the Capgemini Research Institute prior and during the pandemic have indicated the following trends: The fluid workforce is becoming a core part of the organisational talent pool COVID-19 is further accelerating the use of a fluid workforce among organisations Organisations are filling critical expertise gaps with fluid workers in high-skilled roles Organisations fail to provide an experience endearing to the fluid workforce Capgemini have defined the fluid workforce as freelancers, independent, gig, or paid-crowds …

  • Staffing Company 2020 Interim Planning Package

    This report will assist you in finding SIA research that will help you prepare your business for the unprecedented changes during 2020. From the reports published so far, we have chosen to highlight those we believe will be the most relevant and useful to you in planning your future strategy and preparing your business to succeed following the unprecedented changes we have experienced this year. Categories include; human cloud, geographical market data, sectoral market data, technology and new to this update Covid-19 market trends.   You can download the entire report below: Staffing Company 2020 Interim Planning Package – You do not have permission to view this object.