The Buzz

2407, 2018

The Buzz: Analyzing SOW

By |July 24th, 2018|

Statement of work is big business.

According to Staffing Industry Analysts’ estimates, companies spend $458 billion per year on contingent work via SOW globally. Some staffing firms are adding solutions business to their portfolio to command higher margins and get a more strategic seat at the table. That said, perhaps too often, work performed under an […]

106, 2018

The Buzz: Cracking a Tough Nut

By |June 1st, 2018|

Some occupations lend themselves to online staffing, either because they can be performed remotely, are project-based or perhaps because the work itself is relatively “low risk” from a client perspective.

Others have been tougher nuts to crack. Accounting and finance has been surprisingly resistant to the broader trend of work moving online.

Enter Paro, a Chicago-based company […]

105, 2018

The Buzz: A Picture Is Worth …

By |May 1st, 2018|

Personality tests are as old as psychology.

One test in particular — known as the “big five” or “fivefactor model” — scores individuals along five dimensions: openness, extraversion, conscientiousness, agreeableness and neuroticism. It is often used to predict performance and turnover in a work setting, but it can take up to two hours to administer and […]

2603, 2018

The Buzz: Fish in a Barrel

By |March 26th, 2018|

Great brands tend to attract great talent. Most companies, however, don’t leverage their brand toward their workforce the way they do toward their customers.

Enter TalentNet, an Ontario-based software company that helps large firms curate and deploy contractors they’ve already attracted. These contractors are already in the company’s database because they have either applied for a […]

1302, 2018

The Buzz: Before Day One

By |February 13th, 2018|

Starting a new job can feel overwhelming. On top of the nervousness and excitement typically associated with starting a new job, workers are often faced with figuring out their new firms’ facilities, culture and processes — on their own.

The experience can be even more intimidating for temporary employees, who might not know whom to ask […]

2011, 2017

The Buzz: Shark Tank — Gig Style

By |November 20th, 2017|

San Francisco-based Bunker was the winner of the Gig Economy Shark Tank Innovation Award, as voted by a panel of industry veterans and investors at Collaboration in the Gig Economy, while San Francisco-based Bonsai was voted “audience favorite.”

The session, modeled after the popular TV show “Shark Tank” on ABC, took place Sept. 14th in Dallas. […]

2609, 2017

The Buzz: Robo-Patrol

By |September 26th, 2017|

To peer into the future of staffing, one need look no further than Knightscope, a Mountain View, Calif.-based startup that builds and “places” security robots.

Founded in 2013, the firm deploys robots that, armed with myriad sensors, are primarily used to enhance, expand and automate on-site security services. They look like adolescent- sized iPods that patrol […]

2108, 2017

The Buzz: Tokens for Labor

By |August 21st, 2017|

When bitcoin was created in 2009, it brought with it equal parts excitement and apprehension. Bitcoin is what is known as a “cryptocurrency,” an online form of currency based on blockchain technology that is borderless, secure, decentralized, and can be transferred/exchanged instantaneously. By many accounts, bitcoin has been a success. However, their incredible price fluctuations […]

2707, 2017

The Buzz: Sense It

By |July 27th, 2017|

If a company has 10 employees and loses one, its employee expense is reduced by 10% (assuming equal pay).

For a staffing firm deploying 10 contractors, however, losing one of those contractors means revenue is down 10%. For an industry that is compensated based on the number of workers it employs, retention is not just important, it’s essential.

Enter San Francisco-based Sense, […]

2305, 2017

The Buzz: Track to Place

By |May 23rd, 2017|

What if you knew someone was poking around the Internet looking at information about specific companies, networking with others for exposure to new opportunities?

That they were updating their professional image online, connecting with recruiters, following or looking at career-related content, and a slew of other things passive job seekers do on their lunch breaks or […]