Direct sourcing is not a new market trend. There have always been employers with the confidence and brand profile to go it alone and leverage their own internal candidate pools of former employees, retirees and applicants via their own applicant tracking systems.
The demand for direct sourcing has been quite cyclical in nature — someone in […]
You’ve been talking to temporary workers for years and have a pretty good idea what they need to know, right?
That’s probably mostly true, but temporary workers we surveyed — nearly 5,000 of them — revealed that important information is often lost in the shuffle. Here are eight topics that temporary workers said most need to […]
The combination of low interest rates and historically high levels of cash on corporate balance sheets has helped whet the appetites for merger and acquisition activity on the part of both strategic (i.e., corporate) and financial (i.e., private equity) buyers. According to SIA’s “Trends in Staffing Mergers and Acquisitions” report, the total number of staffing […]
For years, SIA’s Pulse Report (based on our Pulse Survey) has offered a timely snapshot of staffing industry revenue, bill rate and order trends, recruiting/sales difficulty, and the future outlook for each staffing segment.
The Covid effect. When the Covid-19 pandemic first landed on US soil, its impact on staffing and business in general was uncertain. […]
Transformative developments lead to a consolidating IT staffing market
The Herfindahl-Hirschman Index, or HHI, is a widely accepted measure of market concentration. Its calculation is
simply the sum of the square market shares for each firm of a market, typically limited to the 50 largest companies. A market with an HHI of less than 1,500 is considered […]
Every business, irrespective of the industry, relies on technology to compete in today’s market, thereby raising the demand for tech talent. Being one of the fastest-growing IT occupations in the US, software developer employment is projected to grow by 21% from 2018 to 2028, according to the US Bureau of Labor Statistics.
This growth is even […]
All aspects of the staffing process are supported and influenced by technology, and recent developments such as cloud computing, artificial intelligence and blockchain are presenting staffing firms with an increasingly complex environment to understand. Not only is technology transforming existing products, it is creating a bewildering array of new products to consider.
The use of vendor management system technology and managed service provider services has become increasingly widespread at midsize to large enterprises over the past decade. As a result, a key strategic concern for many staffing companies is not only how to delight the underlying enterprise client, but also how to partner effectively with that client’s […]
Scouting out an acquisition target, or seeking a buyer, requires a significant amount of homework. Buyers and sellers need access to databases of companies, which they then need to narrow down based on potential interest/ fit. After time-consuming legwork, companies can cross off names one by one, until finally they come up with realistic short […]
The US labor market is as candidate-driven as it has ever been. According to the US Bureau of Labor Statistics, job openings are largely outnumbering the number of candidates, and this is happening in a context where unemployment is close to an all-time low. You may wonder how this situation could actually benefit enterprising staffing […]
