Spherion

Spherion[1] is a North American temporary work agency[2][3] headquartered in Atlanta, Georgia, that operates under a variety of brand names.[2]

History

Spherion was first known as City Car Unloaders, a Chicago[4][5][6] company created by Leroy Dettman and Joseph Perfetto in 1946.[2][7][8] They initially placed manual laborers in temporary jobs loading cargo.[4] Filling temporary clerk jobs was a service the company only later added. [4]

The company relocated from Chicago to Fort Lauderdale in 1969.[8]

By 1978, the firm was doing business as Personnel Pool of America, Inc, and was acquired by H&R Block.[8] In 1991, H&R Block acquired Interim Systems Corporation and combined it with Personnel Pool, creating a larger staffing services firm.

In 1992, the company changed its name to Interim Services Inc., and was spun off by H&R Block in 1994.[9] Interim [10] acquired a number of other companies over the next few years.[11]

The company, which changed its name to Spherion in 2000,[9][11] was acquired by Randstad Holding in July 2011.[12][13]

Brands

Spherion has done business under a variety of brand names. The following brands are more or less current: Emerging Workforce,[2] The Mergis Group,[2][3][14][15] SFN Group,[2] Sourceright Solutions,[2][3][16] Spherion, Spherion Recruitment Process Outsourcing,[2][17] Spherion Staffing Services,[3] Tatum,[3][18] Technisource[2][3][19] Victor Temporary Services,[8] Professional Nurses Bureau,[8] and Today's Office Professionals.[2][3]

Leadership

Cinda Hallman, a member of Spherion's board of directors beginning in early 1995,[20] replaced Raymond Marcy as Chief Executive Officer in 2001, a role that Marcy had held for over a decade.[11]

Acquisitions and spinoffs

An "acquisition spree" that began in 1994[21] led to Spherion's 1999 acquiring of an Atlanta-based rival. Norrell Corp. Part of Fort Lauderdale-based Spherion's board of directors wanted to move corporate headquarters to Atlanta, a conflict that ended when Marcy was replaced by Hallman in 2001.[11]

In 2001 Spherion made an initial public offering (IPO) of its London-based Michael Page Group, which it acquired in 1997. [22]

Spherion sold its Saratoga Institute to PricewaterhouseCoopers in 2003.[23]

References

  1. "Spherion Corporation". The New York Times.
  2. SFN: Profile for SPHERION CORP - SGN Group Inc Yahoo! FINANCE
  3. About Us: Spherion: Recruiting & Staffing Excellence Spherion Official Site
  4. History: Spherion: A Pioneer in Staffing & Workforce Management Spherion Official Site
  5. Laurie Pasiuk (2006). Vault Guide to the Top Business Services Employers.
  6. "Consultis 4401 N Federal Hwy Boca Raton, FL Employment ..."
  7. "Barbara "DragonFISH" Fleming".
  8. "H&R Block plans to merge unit with Personnel Pool". Sun-Sentinel. December 18, 1990.
  9. Joanne Gordan. "Desperate Times". Forbes.
  10. and successor-named Spherion
  11. Joan Fleischer Tamen (April 11, 2001). "Spherion replaces CEO amid an earnings slide". Sun-Sentinel.
  12. Michael J. de la Merced (July 20, 2011). "Randstad to Buy SFN for $710 Million". The New York Times.
  13. "Archived copy". Archived from the original on June 30, 2013. Retrieved July 9, 2013.CS1 maint: archived copy as title (link) Randstad Official Site
  14. Staffing and Recruiting Excellence SFN Group: Staffing and Recruiting Excellence The Mergis Group Official Site
  15. Survey by the Mergis Group Shows Decline in Overall Confidence for Accounting and... | Reuters
  16. SFN Group: Industry Leaders for 60 Years Sourceright Official Site
  17. Marcia Heroux Pounds. "Spherion to tap Outsourcing". Sun-Sentinel.
  18. Tatum & SFN Group: Tatum is a division of SFN Group, Inc. Tatum Official Site
  19. SFN Group: Built On A Foundation Of Strength; About SFN Group Technisource Official Site
  20. "Spherion Announces Dupont Executive to Be New President and CEO". April 10, 2001.
  21. 26 firms, 1994-2001
  22. "Spherion will take its London subsidiary public". The New York Times. January 20, 2001.
  23. "Spherion Unit Is Acquired". The New York Times. March 5, 2003.
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