Human Resources Industry

 
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The Human Resources Industry is increasingly important to the business world. For a long time corporations have been able to track the productivity and output of machines. Recently evaluating human capital has become an accepted concept. Various psychometric assessments have been able to place employees in more appropriate roles. The costs of employee turnover have also become a greater focus of upper level management.

Taking things in house can now be done with the likes of Kenexa (KNXA) Taleo (TLEO). The software products allow HR to evaluate, methodically, employee production.

Staffing Companies

Many staffing companies have developed areas of expertise. For example, CDI (CDI) and MPS Group focus on finance/accounting and engineering segments. Heidrick & Struggles International (HSII) focuses on executive search.

Generally the companies will place an employee charging the employer an hourly wage greater than they pay the employee. A finders fee is paid to the staffing company in the case where an employer wants to bring the employee on as a permanent member.


Related Companies

AMN Healthcare Services (AHS) Gevity HR (GVHR) Kelly Services (KELYA) Korn/Ferry International (KFY) Modis Professional Services (MPS) Manpower (MAN) On Assignment (ASGN) Robert Half International (RHI) Volt Information Sciences (VOL)

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