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  • August US Jobs Report

    Event: In today’s monthly jobs report from the US Bureau of Labor Statistics (BLS), total nonfarm employment rose by 1.8 million in July on a seasonally adjusted basis. Temporary help services rose by 143,700 in July, very close to its record rise of 143,800 in June. The temporary agency penetration rate continued its robust rise, to 1.71% in July from 1.62% in June and the bottom of 1.57% in April, but remains well below pre-COVID levels of 1.9%. The national unemployment rate declined for the month, from 11.1% to 10.2%, though the decline was partially driven by a smaller labor force.12 of the 15 major industry groups gained jobs for the month. The group with the largest gain was once again leisure & hospitality, (up by 592,000) as it continues to recover from sharp declines in the e …

  • 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.   New to this update the addition of the Online Staffing Enabling Technologies (OSET) category. If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: …

  • Latin America Legal Update Q2 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across Latin America in Q2 2020.If you want information about the short-term measures governments are putting in place to deal with the coronavirus pandemic visit SIA’s Coronavirus Resource Centre:Brazil   Effective date of data protection law uncertain        Puerto Rico     New civil code amends law on contracts       Venezuela       Increase in minimum wage    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 …

  • Temporary Worker Survey 2020: Full Report

    Key Findings:The 2020 Temporary Worker Survey represents Staffing Industry Analysts’ ninth survey of the temporary worker population. A few key observations from the report: Temporary workers want permanent work with full-time hours, now and in the future. The majority of temporary workers would prefer to work in a traditional ongoing job — and only take temporary work either because they hope the temporary job will turn into a regular position or in order to supplement income while they seek permanent employment. Fifty-seven percent of temps want to work a full 40 hours per week; the remaining 43% are split roughly evenly between those who would prefer to work more than 40 hours per week and those who would prefer to work less. Nearly one in ten temporary workers earn income via the huma …

  • US Pulse Survey Report: July 2020 Selected Highlights

    Pulse survey respondents reported a median 19% y/y decline in their US temporary staffing revenue in June, which is in line with the reported 18% in May. Healthcare staffing was a bright spot in May, but this month, travel nursing (up a median 14%) was the only healthcare segment recording positive growth. Life sciences reported 3% y/y growth. All other staffing skill segments reported revenue declines in June, with the largest coming from the industrial (median -25% y/y), office/clerical (-22%), finance/accounting (-19%), and engineering/design (-19%) segments. Direct hire revenue was down a median 24% y/y. The full 41-page version of this special report contains 13 new pages showing in-demand job titles in June and July, new job titles with emerging demand, and questions on CARES Act loa …

  • Largest Direct Hire Firms in the UK

    The UK is the second largest direct hire market in the world, after the US, and the largest in Europe. We estimate this market was worth £3.1 billion (€3.5 billion) in 2019.  This report provides a ranking of the 20 largest providers of direct hire services in the UK based on revenues generated in 2019. The largest suppliers of direct hire services in the UK were Hays, PageGroup and Robert Walters. 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. Our definition for direct hire revenue and the methodology for this report can be found on page 5. Revenue figures above represent SIA’s best estimate based on available information at the t …

  • Overview of the German Staffing Market

    • This report provides an overview of the trends and structure of the German staffing market. It provides an overview of market conditions in 2019 (p.3) and an analysis of the market conditions following the COVID 19 outbreak (pp.4 5).• The following pages offer analysis of the German labour market with a focus on the temporary agency work market (p.7) and a detailed breakdown of agency workers by occupational group (p.8). The data shows that agency work remains primarily focused on commercial segments.• Statistics on the total number and size of staffing firms in the market follows on p.10. Only 15% of licenced staffing firms in Germany employ over 100 temporary workers. In contrast, the biggest proportion of firms only employ 1 to 9 temporary workers.• Page 11 details the average assignm …

  • Salary Report for Germany

    In 2015 the German government introduced a national minimum wage (Mindestlohn) of 8.50 euros for more than 3 million workers. The minimum wage was last raised on 1st January 2020, to the current rate of EUR 9.35 per hour. Collective bargaining agreements with wages below the level of EUR 9.35 are therefore no longer permissible as of 1st January 2020. The next revision will enter into force as from 1st January 2020 when the minimum wage will increase to EUR 9.35.The federal minimum wage applies to almost all employees, including foreign workers, part-time workers, interns (under certain conditions) and people working through a probationary period. Overtime must also be paid at the same level unless it is instead used as time 'in lieu' that can be taken at a later date. The g …

  • 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.   New to this update the addition of the Online Staffing Enabling Technologies (OSET) category. If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: …

  • Middle East and Africa Legal Update Q2 2020

    In this report, we round up the legal developments affecting the workforce solutions ecosystem across the Middle East & Africa in Q2 2020.If you want information about the short-term measures governments are putting in place to deal with the coronavirus pandemic visit SIA’s Coronavirus Resource CentreUnited Arab Emirates     DIFC’s new data protection law  Nigeria  New visa laws to attract skilled labour     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 update, click …

  • Largest Staffing Firms in Japan and Market Overview: 2020 Update

    Japan is the second-largest staffing market in the world after the US but with a higher penetration rate than the US. Recruit is the market leader with a share of 12%, followed by Persol (9%) and, in third place, newly promoted Outsourcing Inc. with 3% of the market. The highest-ranking foreign international player is Adecco Group in fifth place. The Top five account for 28% of the market. 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. To download a full copy of this report, click below: largest Staffing Firms and Market Overview Japan – You do not have permission to view this object.

  • Salary Guide for India

    Last year parliament passed the Code on Wages Act, 2019. The Act replaces four labour regulations – the Minimum Wages Act, 1948; Payment of Wages Act, 1936; Payment of Bonus Act, 1965; and Equal Remuneration Act, 1976. Its purpose to regulate wage and bonus payments for all the employees across industry, trades & businesses.The provisions of the Minimum Wages Act and the Payment of Wages Act used to apply only to workers drawing wages below a particular ceiling and working in scheduled employment* (roughly 40% of the entire workforce). However, under the Code, the minimum wages and the payment of wages provisions cover all establishments, employees and employers as defined unless specifically exempt (such as members of the armed forces and apprentices).Under the Code the central govern …

  • APAC Financial Results Q1 2020

    Revenue in the reported 54 publicly traded staffing firms in the Asia Pacific region rose by a median of 7.0% during Q1 2020, compared to the same period in 2019. Among the companies included in this report, twelve reported a decrease in revenue. The Covid-19 outbreak negatively impacted the results of many staffing firms during the reporting periods. Median gross margin grew by 0.1% compared to last year. Median net income rose by 4.6%. Due to the varying nature of financial reporting styles across APAC, some companies reported their revenue in only half years and other diverse periods. Japan – We include 37 Japanese-based staffing companies. These reported year-on-year median revenue growth of 6.7%. Six firms reported a decrease in revenue. Australia – The report included job board SEEK. …

  • 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.   New to this update the addition of the Online Staffing Enabling Technologies (OSET) category. If you believe your firm should be on this list, is misclassified, or you have any other suggestions, please email them to Francesca Profeta: …

  • Overview of the Indian Staffing Market

    The vast majority of Indians work in the unorganised or ‘informal’ sector. Formal sector employment totalled 74.9 million in 2018, only 16% of the workforce (see page 3).Before COVID-19 the Indian Staffing Federation (ISF) estimated that 11.03 million more jobs will move from informal to formal between 2018-21 moving the total formal number to 102 million, a compound annual growth rate (CAGR) of 10.8% (see page4).Between 2015 and 2018 the Tripartite or ‘Flexi’ workforce (as temporary staffing is referred to in India) has increased by 1.2 million to 3.3 million. Two-thirds of this increase (0.8  million) was due to a variety of policy and reform issues (see page 6).Before the COVID-19 outbreak, the ISF estimated that temporary staffing would grow at 22.7% between 2018-2021 to reach a 6 …