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  • SIA | Bullhorn Staffing Indicator – April 8, 2021

    Indicator points to robust growth in professional staffing and recovery in commercial staffing hours worked Week ending Apr 3, 2021 Indexed Value Y/Y W/W US Staffing 101 +22% -1% Commercial Staffing 91 +18% -2% Professional Staffing 127 +32% +0.1% IntroductionReleased weekly, the SIA | Bullhorn Staffing Indicator comprises two sets of analyses; a Year-over-Year comparison showing how the most recent week compares to the same week 12 months previously and an indexed value that has been benchmarked against data from the week ending January 19th, 2019. We note the readings for the last 4 weeks are subject to revision and so should be viewed as preliminary, with the reading for last recorded week the most likely to be revised in next week’s data release. For further information on how the Indi …

  • North America Internal Staff Survey 2021: Full Report

    Key Findings:The 2021 Internal Staff Survey represents Staffing Industry Analysts’ ninth survey of the staffing industry’s internal employee population. The following reports are contained herein: Lessons learned from adapting to COVID-19 crisis What should be automated next? Internal staff perception of diversity and inclusion at staffing firms Remote work prevalence, staff experience, and how to support it Internal staff job satisfaction (or lack thereof), and what drives it By what metrics should staff be measured? Advice to new employees, mistakes to avoid, how to succeed Operational structures: what works better combined and what should be kept separate? Internal staff ideas on how to build trust with employees Internal staff career plans What can management do to help staff develop p …

  • April 2021 US Jobs Report

    Event: In today’s monthly jobs report from the US Bureau of Labor Statistics (BLS), total nonfarm employment rose by 916,000 in March on a seasonally adjusted basis; temporary help services lost 800 jobs. The temporary agency penetration rate slipped from 1.93% to 1.92%. The national unemployment rate declined again last month, from 6.2% to 6.0%, even with a rise in the labor force.The number of unemployed who described themselves as “on temporary layoff” declined by 203,000 last month to 2.0 million, though is still 1.3 million higher than the pre-COVID level in February 2020. The number of unemployed who described themselves as “permanent job losers” declined by 65,000 and is 2.1 million higher than the level in February 2020.13 of the 15 major industry groups gained jobs for the month. …

  • North America Internal Staff Survey 2021: Remote work prevalence, staff experience, and how to support it

    Key Findings: Internal staff were asked several questions in the current and in previous SIA surveys about their experience with remote work. Remote work rose sharply during the COVID crisis. Most staff feel they have the tools and support needed to work remotely. Nonetheless, staff suggested seven ways that support could be improved. The option to work remotely is important to overall employee satisfaction. The share of internal staff working remotely increases in almost all occupations as a function of years of experience. Staff also listed the four ways in which remote working helps, and four disadvantages to remote work. To access the complete report, please select the link below: North America Internal Staff Survey 2021 Remote work prevalence, staff experience – You do not have permis …

  • The Virtual Assistant Landscape

    A Virtual Assistant (‘VA’) is a worker who provides various services to entrepreneurs, SMBs or larger businesses from a remote (and often offshore) location. The core services offered include those general administrative duties that might typically be performed by a personal assistant, however, this narrow definition does not do justice to the wide variety of workers that most VA firms can provide. Within SIA’s Workforce Solutions Ecosystem, Virtual Assistants is a sub-category of the Business Process Outsourcing (BPO) market. It is, however, a less visible part of the market compared to the large-scale Enterprise BPO solutions offered by firms such as IBM, Wipro, Accenture, Capgemini, Infosys, Sodexho and Cognizant. The market for Virtual Assistants is not new; the more established firms …

  • The Virtual Assistant Landscape

    A Virtual Assistant (‘VA’) is a worker who provides various services to entrepreneurs, SMBs or larger businesses from a remote (and often offshore) location. The core services offered include those general administrative duties that might typically be performed by a personal assistant, however, this narrow definition does not do justice to the wide variety of workers that most VA firms can provide. Within SIA’s Workforce Solutions Ecosystem, Virtual Assistants is a sub-category of the Business Process Outsourcing (BPO) market. It is, however, a less visible part of the market compared to the large-scale Enterprise BPO solutions offered by firms such as IBM, Wipro, Accenture, Capgemini, Infosys, Sodexho and Cognizant. The market for Virtual Assistants is not new; the more established firms …

  • EMEA Financial Results Q4 2020

    Revenue in the reported 36 publicly traded staffing firms in the EMEA region fell by a median of 14.3% during Q4 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 Q4 2020. The subsequent lockdowns and restrictions led to many European countries entering a recession. The majority of lockdown measures were enacted in March 2020, however subsequent restrictions during the third and fourth quarters impacted results for many firms.The median gross margin grew slightly by 0.6% compared to last year. Median net income fell by -23.7%.To download the full report, please click below: EMEA Financial Results Q4 2020 – You do not have permissi …

  • Most Attractive Staffing Markets Globally 2021

    This report provides comparative insights in 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 2020. 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. India and Malaysia stand out as the most attractive markets globally, according to our analysis, followed by China and Ireland. These markets’ most attractive traits are highlighted in this report. The dramatic impact of the COVID-19 crisis is clear on a number of markets. Ho …

  • IR35 Off-Payroll Working Rules: Updated FAQs for Buyers

    Key Findings From 6 April 2021, the IR35 Off-Payroll Working Rules (“Rules”) will cover medium and large private sector organisations engaging contractors through their personal service limited company (PSC) as well as public sector employers. This report provides information in answer to some of the key questions that contingent workforce buyers have around the interpretation and implementation of the IR35 Off-Payroll Working Rules from April 2021. The information contained in this report is based, in part, on the guidance published by HMRC updated on 24 February 2021. To download the full report, click below: IR35 Offpayroll Working Rules FAQ Buyers Update March 20210312 – You do not have permission to view this object. Legal Disclaimer: The information contained in this report is provid …

  • IR35 Off-Payroll Working Rules: FAQs for Suppliers

    Key Findings From 6 April 2021, the IR35 Off-Payroll Working Rules (“Rules”) will cover medium and large private sector organisations engaging contractors through their personal service limited company (PSC) as well as public sector employers. This report provides information in answer to some of the key questions that contingent workforce suppliers have around the interpretation and implementation of the IR35 Off-Payroll Working Rules from April 2021. The information contained in this report is based, in part, on the guidance published by HMRC updated on 24 February 2021.  To download the full report, click below: IR35 Offpayroll Working Rules FAQ Supplier 20210312 – You do not have permission to view this object. Legal Disclaimer: The information contained in this report is provided …

  • Asia Pacific Legal Update Q4 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across the Asia Pacific region in Q4 2020:Australia              Proposed reform of casual labour rights         Government introduces criminal sanctions for dishonest underpayment of wages           WA parliament passes work health and safety laws   China    Civil code expands protection against and obligations to prevent sexual harassment               Indonesia            Job Creation Law lifts …

  • Staffing Trends 2021

    Our 2021 Staffing Trends report has identified 10 key trends: COVID-19 the dominant market trend until H2 2021 Summer recovery will not be a return to normal Resilience in a volatile and complex environment Diversity & Inclusion a top strategic concern Automation on steroids Investment in reskilling initiatives Platform models are the new battleground Development of omni-channel Staffing Customer preference for direct sourcing impacts demand APAC markets accelerate faster than elsewhere As per our previous Staffing Trends reports, we also include a SWOT analysis highlighting the strengths, weaknesses, opportunities and threats the staffing industry faces. You can download the entire report here:  Staffing Trends 2021 – You do not have permission to view this object. …

  • RPO Global Landscape Summary 2020

    We estimate the 2019 global RPO market at $6.3 billion, an increase of 18 % from 2018. We anticipate that for the full year 2020, RPO will outperform the wider staffing market with a modest reduction on 2019 revenues, and recovery during 2021 as organizations seek to rebuild talent acquisition capability. 64% of RPO contracts are single country, although a number of providers have demonstrable capability and delivery locations across all regions, with 43% of RPO contracts including offshore or nearshore delivery.M&A and investment activity has been softer during 2018/19 than in previous years. Transactions have been mostly concluded by RPO providers acquiring or investing in complementary companies to expand into new territories, increase the scope of intellectual property, or accelera …

  • MSP Global Landscape Summary 2020

    This report summarises the CWS Council global MSP landscape and differentiators reports for 2020 and includes: MSP provider landscape M&A and investment activity MSP service developments and emerging solutions MSP market size overview Service adoption Technology usage Provider service developments and emerging solutions Service center locations  Click below to download the report: MSP Global Landscape Summary 20210112 – You do not have permission to view this object.

  • Engineering Growth Assessment Globally

    Impressively, the global temporary engineering staffing market reached $32 billion in 2019 and enjoyed its 4th consecutive year of growth. Temporary engineering staffing makes up 17% of the global professional temporary staffing industry and is the third largest professional staffing segment behind IT and healthcare. The 6 sections of this 53 page report, as outlined in the table of contents below, explore dynamics in engineering staffing to inform industry stakeholders and support strategic planning initiatives. Table of contents:Introduction………………………………………………………………………… 3Section 1: Shifting demand drivers in a challenging market ……….…………5Section 2: Target markets and skillsets…………………………………………12Section 3: The war for talent……………………………………………………  21Section 4: Market size and participant …