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News about Kelly Services, Inc. (Nasdaq: KELYA, KELYB) focuses on its role as a specialty talent solutions provider in the human resources consulting and staffing industry. Company press releases and updates cover topics such as financial results, workforce trends, segment performance, and developments in its outsourcing and consulting businesses. Investors and observers can follow how Kelly reports on revenue from services, segment dynamics, and factors influencing demand across its Professional & Industrial, Science, Education, Outsourcing & Consulting Group, and International operations.
Kelly’s news flow also highlights its broader workforce solutions capabilities. Announcements from KellyOCG and KellyOCG + Sevenstep describe recognition in industry rankings for managed service provider (MSP), recruitment process outsourcing (RPO), services procurement, and total workforce solutions. These items provide insight into how Kelly’s outsourcing and consulting group positions itself in areas such as contingent workforce management, statement of work solutions, and total talent management.
Education and technology are recurring themes in Kelly-related news. Kelly Education issues updates on initiatives like the LEARN Standards, a framework designed to professionalize and support substitute teachers and paraeducators by defining core competencies. Motion Recruitment, a Kelly company, publishes a Tech Salary Guide that analyzes compensation and hiring trends across technology roles, including data and AI, platform engineering, and cybersecurity. These releases give context on how Kelly and its affiliated businesses respond to shifts in skills demand and workplace expectations.
Other news items include research findings from the Kelly Global Re:work Report, which explores how executives and workers view artificial intelligence and its impact on careers, as well as announcements about participation in investor conferences and corporate governance developments such as stockholder rights plans. Readers who follow KELYA news can use this stream of information to understand how Kelly communicates its strategy, reacts to labor market changes, and manages its relationships with clients, workers, and shareholders.
Kelly (Nasdaq: KELYA, KELYB) is set to release its third-quarter earnings on November 10, 2021, before market opening. The company will also host a conference call at 9 a.m. ET, accessible online or via phone. A financial presentation will be available on the Investor Relations page of its website. Kelly Services, a global leader in talent solutions, employed nearly 370,000 people and reported $4.5 billion in revenue for 2020. A recording of the earnings call will be available later that day.
Kelly has appointed Rosie Rivel as the new Chief Information Officer (CIO), effective immediately. Rivel has served in this role on an interim basis since February 2021. With over 25 years of IT experience, she has strengthened Kelly's IT security and compliance during her tenure. Previously, Rivel held leadership positions in global IT risk and compliance. This strategic appointment is expected to enhance Kelly's information technology capabilities across their global business applications and security functions.
Kelly has launched Kelly 33, a program aimed at enhancing employment opportunities for individuals with non-violent criminal records, following a successful partnership with Toyota Manufacturing in Kentucky. This initiative addresses outdated hiring practices, providing access to a previously overlooked talent pool. Since the initiative's inception, 92% of the evaluated candidates were deemed eligible, with 645 successfully placed at Toyota. The program led to a 20% increase in talent pool and a 70% reduction in turnover at Toyota’s plant. Kelly is committed to expanding equitable hiring practices across the workforce.
Kelly Education is hosting a career fair on September 29 and 30, 2021, to recruit substitute teachers, paraeducators, food service staff, and custodians across nine public school districts in the Indianapolis area. Hundreds of positions are available. The fair will take place at Greenwood Community Schools and MSD of Wayne Township.
Kelly Education, the largest provider of education talent in the nation, offers flexible work schedules, health insurance, and paid training for its employees. For those unable to attend, inquiries can be made at EDNERecruiting@kellyservices.com.
Schools in Minnesota are actively hiring as the back-to-school season approaches, providing opportunities for career changers looking to make a significant impact on students. Amid a workforce exodus of 7.5 million people, Teachers On Call is inviting individuals to explore roles such as substitute teachers, paraeducators, and various non-instructional positions, all while offering benefits like health insurance and retirement plans. With many immediate openings, the initiative aims to support student learning recovery during the 2021-22 school year.
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Kelly (Nasdaq: KELYA, KELYB) reported Q2 2021 revenue of $1.3 billion, a significant 29.0% increase year-over-year. Operating earnings reached $13.7 million, up 24.1% from Q2 2020. However, diluted earnings per share (EPS) fell to $0.60 from $1.04 in the previous year, with adjusted EPS at $0.49 compared to $0.51. All operating segments showed organic revenue growth, indicating a strong recovery from COVID-19 impacts. The board declared a dividend of $0.05 per share, payable on September 7, 2021.
Troy, Mich., Aug. 09, 2021 - The American Rescue Plan Act mandates that local school districts allocate 20% of their funding for COVID-19 learning recovery interventions. New research finds broad agreement on the efficacy of tutoring to mitigate pandemic learning loss. District administrators expect to spend an estimated $12.75 billion on tutoring, but face severe staffing challenges, with 76% struggling to find qualified tutors. Discrepancies exist between educators and parents regarding the recovery duration, with educators projecting over a year while parents suggest under six months.
KellyOCG's Global Workforce Agility Report 2021 reveals that North American business leaders face significant workforce challenges following the pandemic. While 57% plan to offer flexible work arrangements, many lack the skills to manage their desired workforce. 77% emphasize the need for talent management platforms, yet 43% feel adoption is slow. Only 51% of executives understand the talent mix needed. The report identifies 'Vanguards'—14% of respondents—who have improved revenue and employee well-being by embracing workforce fluidity, enhancing employee experience, and adopting advanced technologies.
Kelly (Nasdaq: KELYA, KELYB) will release its second quarter earnings on August 12, 2021, before market opens. Concurrently, a financial presentation will be available on their Investor Relations page. A conference call will follow at 9 a.m. ET, accessible via internet or telephone. Kelly, a leading talent solutions provider, employed nearly 370,000 people globally and reported $4.5 billion in revenue for 2020.