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Robert Half Reports Second-Quarter Financial Results

Robert Half International News Release (07/22/14)

Robert Half International Inc. reported revenues of $1.16 billion for the second quarter of 2014, up 9.4% from $1.06 billion in the second quarter of 2013. Net income totaled $75.1 million, up 19.0% from $63.1 million in the year-ago quarter.

“Robert Half’s growth in the second quarter was broad based and reflective of improving labor markets and higher global demand for our professional staffing services,” said Max Messmer, chairman and chief executive officer of Robert Half. “Year-to-year revenue growth rates accelerated nicely during the quarter, both in the U.S. and in our international operations.”

U.S. revenues increased 11.4% over the prior year on a same-billing-days and constant currency basis, with temporary and consultant staffing up 9.8%; permanent placement up 16.3%; and the Protiviti consulting group up 18.4%.

Mastech Holdings Inc. Reports Second-Quarter 2014 Results

Mastech Holdings News Release (07/23/14)

Mastech Holdings Inc. reported $27.7 million in revenues in the second quarter of 2014, up 6.1% from $26.1 million in the second quarter of 2013. Net income totaled $893,000, up 16.7% from $765,000 in the year-ago period.

Mid-Atlantic Manufacturing Expanded in July; Hiring Picked Up

Federal Reserve Bank of Richmond (07/22/14)

The Federal Reserve Bank of Richmond reports that manufacturing activity in the central Atlantic region grew moderately in July, buttressed by higher demand for labor and an increase in wages. The Richmond Fed’s manufacturing composite index rose from 4 in June to 7 in July, while the shipment index rose from 2 in June to 3 in July. The employment index rose from 4 to 13, and the workweek index fell from 5 to 3.

Companies expect an increase in hiring in the months ahead, with the index rising from 12 to 19. The index for expected average wages fell from 28 to 23. Manufacturers anticipated the average workweek would increase at the same rate as last month; the index held steady at 10.

White House Puts Fresh Focus on Federal Job Training Efforts

Wall Street Journal (07/22/14) Ben Leubsdorf

The White House is putting a new spotlight on addressing the skills gap that is leaving many jobs unfilled. Vice President Joe Biden’s report on across-the-board reforms to the country’s job training programs was released yesterday, the same day President Obama signed the bipartisan Workforce Innovation and Opportunity Act into law. The law streamlines and removes redundancies from federal job training programs and implements auditing measures.

Find Out How Your Payroll and Benefits Programs Compare With Industry Peers

The ASA Staffing Industry Compensation Survey, which provides the only comprehensive view of salaries and compensation in the staffing industry, is now open.

Subscribe and participate in the survey for online access to exclusive custom reports that will help you determine whether your payroll is in line with industry norms. Get data based on peer input to support fiscally sound decisions for 29 positions specific to the staffing industry.

Custom online reports will be available to subscribers beginning Sept. 29, and a summary of 2013 survey results will be provided to all 2014 participants. For more information and to subscribe, visit americanstaffing.net.

The Sizzling Summer Sale Is on Now—Get 25% Off ASA Certification Products

Only ASA certification programs deliver the critical knowledge, credibility, and prestige that staffing and recruiting professionals need to thrive in their careers. The ASA Certified Staffing Professional®, Technical Services CertifiedSM, and Certified Search Consultant® programs will enhance your understanding of state and federal labor and employment law.

Start this sizzling summer off right. Invest in yourself or your team—buy now, save 25%, and prepare to earn some of the most recognized credentials in the industry.

This sale is just for ASA members and only runs through the end of August, so don’t delay. To receive the 25% discount, enter SUMMERCERT14 in your shopping cart upon checkout.

For more information, contact ASA at 703-253-2020 or asacertification@americanstaffing.net.