This group seeks to circumvent your personnel problems. SFN Group (formerly Spherion) provides traditional temporary staffing along with services such as professional and executive recruitment and employee consulting and assessment. Through several subsidiaries and specialized staffing units, SFN Group offers staffing and technology services in such areas as project management, quality assurance, and data center and network operations. It operates through a network of some 550 locations in the US and Canada, serving more than 8,000 clients ranging from small businesses to FORTUNE 500 companies. In 2011, SFN Group was acquired by staffing powerhouse rival Randstad.
Randstad, one of the largest temporary staffing and employment services agencies in the world (behind leader Adecco), bought SFN Group for about $770 million. The deal substantially expanded SFN Group's global reach and customer base and improved Randstad's position in the North American staffing market. Randstad conducts staffing services through some 4,200 locations in more than 40 countries.
Known as Spherion for about 10 years, the company changed its name to SFN Group in 2010 in order to better reflect one single unified company that operates a family of specialized businesses, including Technisource, Tatum, Mergis, Todays Office Professionals, SourceRight Solutions, and Spherion Staffing Services.
The company acquired Tatum a few months earlier, and the deal gave it greater expertise for providing CFO staffing services. Purchasing Tatum also expanded its Professional Services segment, which places professionals with skill sets in IT, finance, legal, engineering, human resources, administrative, and sales and marketing. Its Staffing Services segment, represented primarily by Spherion Staffing Services and accounting for 52% of the company's total revenue in 2010, places workers with administrative, clerical, and light industrial skill sets.
In addition to acquisitions, the company has been growing by expanding its product portfolio. In late 2010, it extended its services to mobile applications when it launched a job alert text messaging program, offered across all its brands and subsidiaries. Through its Mergis Group division, the company formed a Troubled Assets Relief Program and government bailout team in early 2009 to supply recruiting and staffing for the federal government's efforts to stimulate the weak US economy. The team provides services including executive recruitment, project management, staffing in accounting and finance, information technology, and other professional-office management roles. – less