News < Economic Drivers > May Flowers?
The trends. Capital Spending, Unemployment, Domestic Production, More
< Permanent > Newly booked executive search assignments increased by 23 percent in the first quarter of 2002 compared to the fourth quarter 2001 < Staffing >
Top performing franchise operator appointed CEO of U.S. for International Staffing firm.
< HR/Corporate > Only 64% of surveyedHR Execs have a formal pay-for-performance system. < Consulting/IT > All Segments of IT Services will continue to experience slower growth rates in 2002
< On-line Recruiting > On-line Recruiitng continues to show strong growth < Service Providers > Expertise was particularly valuable in helping us establish procedures that apply the same standards to all applicants for similar positions
Personnel
Group of America Reports First Quarter Results
For the first quarter, total revenues were $142.1 million compared to $209.6 million in the first quarter last year. PGA's Information Technology Services practice contributed $82.3 million, or 57.9%, of total revenues during the quarter, and the Company's Commercial Staffing business added $59.7 million, or 42.1%, of total revenues. A net loss of ($1.9 million), or ($0.07) per share, was recorded for the quarter, compared to net income of $0.9 million, or $0.04 per share, for the first quarter of 2001.
Consortium Approves Background Checking Standard
The HR-XML Consortium, the global nonprofit organization dedicated to creating data interchange standards for human resources, has approved a background checking standard. The specification supports the generation of background-check requests using data sourced from HR systems or from applicant-tracking and similar recruiting systems.
"The background checking specification is designed to support background-check requests to third-party screening services," said Chuck Allen, Director, HR-XML Consortium, Inc. "Using a reputable third-party screening service can help employers ensure that legal requirements are met and can help support privacy by avoiding the needless replication of data back to employer systems."
April
Temporary Staffing News
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In this newly created role for Spherion, Shelgren will be chartered with the long-term outsourcing strategy development, including innovative business alliances and acquisitions. She will report to Peter Bourke, president of Spherion Outsourcing.
Commenting
on the appointment, Bourke said, "Gathering a seasoned
and highly competent team is a key component to increasing
our outsourcing business. The appointment of Diane Shelgren,
a recognized outsourcing leader with an outstanding record
of profitability and productivity improvements in sales
and operations, makes her uniquely qualified to lead our
strategy development and professional services."
"Michael
Linton has proven to be a strategic leader," said Jerome
Caille, Chief Executive Officer of Adecco SA. "He first
managed a successful Adecco franchise operation before being
named Senior Vice President for a large region. Since his
appointment as Chief Operating Officer, he has moved ahead
on an aggressive growth strategy with his sales and field
management teams. Adecco North America generated revenues
of $3.4 billion in 2001. Now, with Mr. Linton as CEO, Adecco
will move to the next level of market leadership in the
U.S."
Exult
Selects IQNavigator to Provide Contingent Workforce Management
Software and Support Services
IQNavigator, the premier provider of workforce procurement
and management software and Exult, Inc. (Nasdaq:EXLT), the
leading provider of integrated HR Business Process Outsourcing
to Global 500 companies, today announced they have signed
a 5-year agreement pursuant to which Exult will incorporate
IQNavigator's technology into Exult's integrated service
offering.
Current
Staffing News
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