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Create a CW value proposition that grabs: Summit keynote

September 9, 2019

Among the many changes that will be affecting the contingent workforce in the upcoming years, three things stand out: the growing proportion of contingent workers, technological innovation and changing candidate behavior.

Staffing Industry Analysts’ Peter Reagan discussed this during the keynote speech...

Apple, Foxconn breaking Chinese law by hiring too many temps: China Labor Watch

September 9, 2019

Labor group China Labor Watch released a report saying the Zhengzhou Foxconn factory in China — which it says is the largest Apple iPhone factory in the world — broke Chinese law by hiring too many temporary workers. The factory is operated by supplier Foxconn Technology Group.

Chinese law stipulates...

Private equity firm invests in Axiom, a B2B human cloud platform

September 9, 2019

Axiom, a B2B human cloud platform that provides legal talent and technology, scrapped plans for an initial public offering and instead agreed to an investment from global private equity firm Permira.

The new investment, announced Thursday, will support Axiom’s expansion in the US and internationally...

Student recruitment, job-matching website RippleMatch lands $6 million funding round

September 9, 2019

RippleMatch, a website that aims to automate entry-level recruiting, received $6 million in a series A funding round, according to a post on Medium by Jessica Lin, co-founder and general partner at Work-Bench, a venture capital firm that took part in the investment with G20 Ventures.

Right now, the recruiting...

Employment trends index’s growth turns negative; ‘no reason to worry for now’

September 9, 2019

The Conference Board’s Employment Trends Index edged down in August.

The decline was fueled by negative contributions from three of the eight components: Ratio of involuntarily part-time to all part-time workers, percentage of firms with positions not able to fill right now, and initial claims for unemployment...

Exemptions for some industries — but not ride-sharing firms — in final amendments to California’s IC bill (The Sacramento Bee)

September 9, 2019

Lawmakers on Friday submitted what the author’s office describes as the final round of amendments to California’s high-profile Assembly Bill 5, which would codify the more strict “ABC” test for independent contractor misclassification into law. The Sacramento [California] Bee reported dozens...

US adds temp jobs in August, but rise nearly offset by downward revisions

September 6, 2019

The US added 15,000 temporary help services jobs last month, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. However, the agency revised downward the number of temp jobs added in July by 12,100, and the total number of temp jobs are down compared to the total...

Korn Ferry revenue up 7% in constant currency on RPO and professional search

September 6, 2019

Revenue rose 7% in constant currency at Korn Ferry International Inc. (NYSE: KFY) in its fiscal first quarter ended July 31; it was up 4.1% on a reported basis. The increase was primarily attributed to growth in RPO and professional search.

The Los Angeles-headquartered firm also reported net income increased...

Report cites security breach at customer of Monster.com

September 6, 2019

A security breach at a client of Monster.com resulted in the exposure of a web server with résumés of job seekers, according to a report by TechCrunch.com. Monster says it has taken action as a result of the breach and terminated the customer’s contract.

Included was information for job applications...

Former staffing professional sues Randstad claiming racial, age and disability discrimination (The Philadelphia Inquirer)

September 6, 2019

A former Randstad technology staffing executive sued the company in federal court in Philadelphia claiming race, disability and age discrimination, The Philadelphia Inquirer reported today. Sixty-four year old Byron Brooks of Hockessin, Delaware, said he landed Vanguard Group as a customer and received...