Latest news with #HRsolutions
Globe and Mail
10-08-2025
- Business
- Globe and Mail
The Great Flattening is a quiet evolution as middle managers decline
This is the weekly Work Life newsletter. If you are interested in more careers-related content, sign up to receive it in your inbox. Have you noticed fewer rungs on the corporate ladder lately? For the last few years, as companies invest more capital into artificial intelligence, Big Tech has been cutting layers of management in what's become known as the 'Great Flattening.' Now, new data from Gusto, which provides payroll and HR solutions, shows small and mid-sized businesses (SMBs) are following suit and it's reshaping the way teams are structured, developed and led. From 2022 to 2024, the number of individual contributors per people manager at SMBs has doubled. Back in 2019, managers typically oversaw about three direct reports. Now, that number is about six. Nich Tremper, senior economist at Gusto, says this isn't simply a result of sweeping layoffs, but rather a quiet evolution. 'What seems to be happening is that as folks move on – older folks retire or others shift to new roles – businesses simply aren't backfilling those managerial positions,' he says. The change is largely driven by cost pressures. 'We've seen the average labour cost increase nearly 20 per cent over the last couple of years,' Mr. Tremper says. 'Small businesses don't have a lot of leeway in their budgets, so they're thinking through how best to maximize the productivity of the folks they have on staff. Part of that has come down to reducing management layers.' But the consequences of a leaner org chart extend beyond budgets. What we lose when we flatten While some businesses may appreciate the savings and agility that come with fewer layers of hierarchy, Mr. Tremper cautions against seeing it as a purely positive shift. 'These middle managers are really important for organizations,' he says. 'You have strategic decisions and guidance coming from the highest level of management, but it's individual managers who are turning those directions into actionable steps.' In other words, fewer managers may mean faster decision-making in the short term, but also the risk of teams lacking mentorship, development and day-to-day leadership. 'Highly productive sectors tend to maintain more managers with smaller teams,' Mr. Tremper says. 'It suggests that first-line managers play a critical role in scaling their expertise, developing their teams and ultimately boosting productivity.' Even in lower-productivity industries, measured by total output per hour worked, Gusto found that businesses with a higher share of managers tend to outperform their peers. Managers are opting out, too Not only are businesses hiring fewer managers but existing ones are leaving. In late 2024, Gusto found that the quit rate among managers was about 10 per cent higher than it was in January 2022, when it was more of an employee-driven labour market. 'Quit rates are often viewed as a sign of labour market confidence,' says Mr. Tremper. 'If managers are leaving, it could mean they believe they can find more meaningful work elsewhere. They might be looking to lead teams at other companies or return to being high-performing individual contributors.' Some may even be taking the opportunity to pivot entirely. 'For folks who are maybe no longer managers, this could be a chance to ask: What path do I really want? Do I want to be an individual expert? Or maybe this is the time to start my own business or consulting practice.' Flattening with intention The Great Flattening may seem like a cost-saving trend but it comes with trade-offs. While it can boost short-term agility, businesses that cut too deeply may sacrifice long-term development and stability. Mr. Tremper says business leaders should think carefully about what they're giving up. 'When I think of the most effective managers I've had, they've cared deeply about my professional development. They created opportunities for me to grow beyond my current skill set,' he says. Small businesses especially, he adds, rely on strong teams and strong teams often rely on great managers. 11 per cent According to new data from book summary app company Headway, while many workers are enjoying a slow summer season, more than one in 10 say their workload has increased. Read more Experts say rebranding yourself is about more than a job title or what you wear. It's important to be authentic about how you're changing personally and professionally and share that story over time. On a more tactical level, you can also get new headshots, work with a coach and spend time connecting intentionally with your current network and new peers in your industry. Read more 'Being punctual is a form of non-verbal communication. By showing up on time, you're non-verbally telling that person you care enough about their time and the task at hand. It's a representation of your work ethic and competency,' says etiquette trainer Mariah Grumet Humbert. This article looks at how punctuality norms have evolved over time and how being chronically late can impact your personal brand at work and in life. Read more Robert Half research reveals that Gen Z and professionals in tech are the most likely to search for a new job in the next six months. For the first time since the staffing firm began tracking worker sentiment, the research shows better benefits and perks rank as the highest motivator for workers exploring new roles. Read more
Malay Mail
31-07-2025
- Business
- Malay Mail
PERSOLKELLY Evolves into PERSOL, Strengthening Regional Alignment and Scale
The new identity is unveiled at an opportune time in Asia Pacific, with the region's young, digitally native workforce set to be an outsized contributor to the global economy The refreshed PERSOL logo marks a new chapter across 13 APAC markets. The PERSOL Malaysia team sharing a moment. KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 31 July 2025 - Asia Pacific's leading HR solutions provider,, has officially rebranded as, unifying its operations across 13 markets under one cohesive brand from today. This marks a major milestone in the company's regional growth and strengthens its position as a modern, tech-forward workforce solutions rebrand retires the Kelly name after years of successful collaboration, bringing all PERSOLKELLY-branded businesses under one scalable, region-wide identity. It offers clients and jobseekers a more seamless experience – while preserving the trusted local teams and relationships that remain at the heart of our Asia Pacific having contributed an impressive 60% of global economic growth last year[1], PERSOL is well positioned to continue bridging the region's workforce needs with high quality employment opportunities. From automation and demographic shifts to rising demand for skillsets in technology and sustainability, the way we work is changing, and PERSOL is designed to help organisations and professionals respond with clarity and Malaysia, underemployment among emerging executives and young professionals remains a key challenge, driven by a persistent gap between graduate skillsets and market expectations.[2] This disconnect between education and employability continues to impact both employers and jobseekers. PERSOL's solutions – from career readiness programmes to demand-driven hiring – are designed to bridge this divide and support young talent in transitioning into future-ready careers."Over the years, we've built trusted client relationships and deep local expertise under the PERSOLKELLY name, expanding our business across the APAC region to help businesses and professionals meet emerging workforce challenges," said Brian Sim, Managing Director and Country Head, PERSOL Malaysia."Becoming PERSOL reflects how far we've come – and where we're going. It unifies our strengths under one brand, allowing us to scale smarter, deliver consistently, and innovate faster," he and jobseekers are navigating a time of unprecedented disruption. Work is changing rapidly – with automation, AI, green industries and borderless talent transforming how and where people work. Employers now face mounting pressure to hire flexibly, build long-term capability, and compete for emerging skillsets across refreshed brand reflects a clear response to this shift. Its services span agile hiring, digital-first recruitment, reskilling support and regional talent mobility – giving clients a future-ready talent strategy designed for speed, scale, and the brand name has changed, PERSOL's mission remains rooted in local partnerships. Since introducing the PERSOL brand in 2016 in Japan – followed by PERSOLKELLY across Asia-Pacific, the leading HR Solutions company has accelerated its regional growth and rebrand marks a strategic shift, strengthening PERSOL's ability to scale with consistency while responding to the unique dynamics of each market. By aligning local insight with regional reach, PERSOL empowers organisations and professionals to navigate a workforce landscape shaped by transformation, technology, and mobility."Becoming PERSOL and unifying our business across Asia-Pacific means we can deliver smarter, more consistent solutions across borders – while staying responsive to the unique needs of each market," said Brian information on PERSOL's expanded services is available at . For background on the company's history and presence in Asia Pacific, view the full factsheet here Hashtag: #PERSOL The issuer is solely responsible for the content of this announcement. About PERSOL in APAC PERSOL is Asia-Pacific's leading Staffing and HR solutions partner, operating across 13 markets with deep local insight and regional scale. With more than 140 offices and decades of experience, we deliver integrated workforce solutions that are tailored, tech-enabled, and designed for the dynamic world of work. We combine human expertise with smart technology to help organisations solve workforce challenges, unlock potential, and stay ahead of change. From recruitment and talent management to workforce strategy and advisory, our collaborative approach puts your goals at the centre. In 2025, we came together under the PERSOL name - reflecting our bold vision for the future of work and our Group's Vision: 'Work and Smile'. Whether you're building teams, growing careers, or transforming how work gets done, we're here.
Yahoo
11-07-2025
- Business
- Yahoo
TriNet to Report Second Quarter 2025 Financial Results on July 25
DUBLIN, Calif., July 11, 2025 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the second quarter ended June 30, 2025 before U.S. market hours on Friday, July 25, 2025. TriNet will host a conference call at 5:30 a.m. PT (8:30 a.m. ET) on July 25, 2025, to discuss the financial results. A live webcast of the conference call can be accessed on the Investor Relations section of TriNet's website at Participants can pre-register for the webcast by going to: Participants can also pre-register for the upcoming conference call. Those who pre-register will receive a unique PIN, enabling instant access to the call. To pre-register, visit: Participants who do not pre-register for the call can still join by dialing +1 (412) 317-5426 and asking to attend the TriNet second quarter earnings conference call. A replay of the webcast will be available on the TriNet site for approximately one year. About TriNetTriNet (NYSE: TNET) provides comprehensive HR solutions, technology, expertise, and access to world-class benefits that enable SMBs to attract and develop top-tier talent. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. For more information, visit or follow us on Facebook, LinkedIn and Instagram. Investors: Media: Alex Bauer Renee Brotherton/Josh Gross TriNet TriNet View original content to download multimedia: SOURCE TriNet Group, Inc.
Yahoo
10-07-2025
- Business
- Yahoo
Folks Launches Payroll Software, Becoming One of the Only All-in-One Canadian HR Solutions
Canadian Company, Folks, Unveils Its All-in-One HR Solution with New Payroll Software Quebec City, Quebec--(Newsfile Corp. - July 9, 2025) - Folks, the Canada-based tech company known for providing HR solutions designed specifically for small and medium-sized businesses, is taking a significant move forward. By adding a full-featured payroll module, Folks now offers a truly all-in-one HR solution. This launch also introduces a fresh visual identity and an entirely redesigned user experience. Photo Courtesy of: Folks Already being rolled out with early clients, the new payroll software will be available to all businesses starting this fall. Built to comply with all Canadian provinces' standards, the system ensures smooth, compliant payroll management that's fully connected to the rest of HR operations. From onboarding and absence tracking to issuing tax slips, everything now happens in one place. "I'm extremely proud to unveil the incredible work our team has accomplished over the past few months to deliver a truly all-in-one HR software for local businesses. Throughout 2025, I've been talking internally about the 'Renaissance of Folks,'" commented Jimmy Plante, CEO and partner at Folks. "Today, we finally get to show it to our clients-and demonstrate to the market that Folks is a key player helping SMEs boost productivity and streamline day-to-day management." SMEs already using Folks are seeing real results. Companies save over 800 hours per year on administrative HR tasks like hiring, onboarding, time-off management, and performance evaluations. Employees also benefit from a mobile app that makes it easy to request time off, update information, access documents, and check pay stubs in just a few steps. Beyond productivity, improved HR data visibility leads to an average 5-15 percent reduction in turnover rates, translating into remarkable savings on recruitment, training, and offboarding. With payroll now part of the platform, SMEs can expect to save several hours per week just on compensation management. After months of development and collaboration with the HR community, Folks' revamped platform offers a smoother, faster user experience. Key enhancements were made to make everyday life easier for SMEs, including: A new employee file: clearer, more complete, and more human. Improved document management: easier access, sorting, and sharing SSO (Single Sign-On): for faster, more secure logins Revamped mobile app: HR in your pocket for both employees and managers More updates are planned this year, all aimed at helping HR teams work more efficiently and stay focused on what matters. Folks has introduced a new brand identity that reflects its evolution and focus on practical, human-centered HR solutions. Featuring updated visuals and a more streamlined platform, the changes are designed to support the day-to-day needs of HR teams and simplify essential operations. About Folks Founded in 2010, Folks is a Canada-based tech company dedicated to creating HR management solutions tailored to the needs of small and medium-sized businesses across Canada. From recruitment and onboarding to employee record management, time-off requests, performance evaluations, and payroll, Folks' solutions centralize every aspect of HR management. Contact Jeff PelletierPartnership Managerjfrancois@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Spotting Winners: Alight (NYSE:ALIT) And Professional Staffing & HR Solutions Stocks In Q1
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Alight (NYSE:ALIT) and the rest of the professional staffing & hr solutions stocks fared in Q1. The Professional Staffing & HR Solutions subsector within Business Services is set to benefit from evolving workforce trends, including the rise of remote work and the gig economy. With companies casting a wider net to find talent due to remote work, the expertise of staffing and recruiting companies is even more valuable. For those who invest wisely, the use of predictive AI in recruitment and screening as well as automation in HR workflows can enhance efficiency and scalability. On the other hand, digitization means that talent discovery is less of a manual process, opening the door for tech-first platforms. Additionally, regulatory scrutiny around data privacy in HR is evolving and may require companies in this sector to change their go-to-market strategies over time. The 8 professional staffing & HR solutions stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was 0.7% below. While some professional staffing & HR solutions stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. Born from a corporate spinoff in 2017 to focus on employee experience technology, Alight (NYSE:ALIT) provides human capital management solutions that help companies administer employee benefits, payroll, and workforce management systems. Alight reported revenues of $548 million, down 2% year on year. This print exceeded analysts' expectations by 1.2%. Overall, it was a strong quarter for the company with an impressive beat of analysts' EPS guidance for next quarter estimates and full-year revenue guidance meeting analysts' expectations. 'Our first quarter performance met expectations and we are off to a strong start to the year,' said CEO Dave Guilmette. Alight delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 6.4% since reporting and currently trades at $5.57. Is now the time to buy Alight? Access our full analysis of the earnings results here, it's free. Processing approximately 100 million background checks annually across more than 200 countries and territories, First Advantage (NASDAQ:FA) provides employment background screening, identity verification, and compliance solutions to help companies manage hiring risks. First Advantage reported revenues of $354.6 million, up 109% year on year, outperforming analysts' expectations by 2.9%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' full-year EPS guidance estimates. First Advantage achieved the fastest revenue growth and highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 5.6% since reporting. It currently trades at $15.81. Is now the time to buy First Advantage? Access our full analysis of the earnings results here, it's free. With roots dating back to 1948 as the first specialized recruiting firm for accounting and finance professionals, Robert Half (NYSE:RHI) provides specialized talent solutions and business consulting services, connecting skilled professionals with companies across various fields. Robert Half reported revenues of $1.35 billion, down 8.4% year on year, falling short of analysts' expectations by 4.3%. It was a disappointing quarter as it posted a significant miss of analysts' EPS estimates. Robert Half delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 12% since the results and currently trades at $40.88. Read our full analysis of Robert Half's results here. With nearly 60 years of matching skilled professionals with the right opportunities, Kforce (NYSE:KFRC) is a professional staffing company that specializes in placing technology and finance experts with businesses on both temporary and permanent bases. Kforce reported revenues of $330 million, down 6.2% year on year. This number lagged analysts' expectations by 1%. Overall, it was a softer quarter as it also produced a miss of analysts' EPS estimates. The stock is down 3.2% since reporting and currently trades at $41.29. Read our full, actionable report on Kforce here, it's free. Founded during the post-World War II economic boom when businesses needed temporary workers, ManpowerGroup (NYSE:MAN) connects millions of people to employment opportunities through its global network of staffing, recruitment, and workforce management services. ManpowerGroup reported revenues of $4.09 billion, down 7.1% year on year. This print topped analysts' expectations by 2.9%. More broadly, it was a slower quarter as it logged a significant miss of analysts' EPS estimates. The stock is down 18.2% since reporting and currently trades at $40.47. Read our full, actionable report on ManpowerGroup here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
