Volt Technical Resources

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Volt Technical Resources (usually referred to as simply Volt) is a large 3rd-party recruiting organization / employment agency based in New York City but with operations throughout the United States. Volt Technical Resources is a subsidiary of Volt Information Sciences (NYSE: VOL) and accounted for 54.9% of its net sales during Volt's 2006 fiscal year.[1] While Volt is best known for temporary, technical staffing services they also provide direct (Full Time) placement services.[2] In June 2007, Volt was named #2 IT Staffing Company in the US by Staffing Industry Analysts[3].

[edit] Competitors

Primary Competitors[4] Include:

  • Excell Data Services
  • Kelly Services
  • Adecco
  • Manpower

[edit] Microsoft and Volt Relationship

Most of the press that Volt receives is related to its close relationship with Microsoft. Most notably, in 2001/2002 Microsoft had significant issues regarding the employment of "permatemps".[5] Their practice of hiring temporary employees through 3rd party agencies and then failing to convert them to Full Time Employees within a reasonable amount of time resulted in a class-action lawsuit being filed against Microsoft and a subsequent settlement.[6] As the primary provider of temporary workforce solutions for Microsoft, Volt picked up the majority of the attention related to this event. This lawsuit has had drastic implications for the IT industry and the way that contract employees are hired.[7][8]

[edit] References

  1. ^ 2006 Volt Annual Report, http://www.volt.com/investor/annual_reports.cfm
  2. ^ Volt Webpage, http://www.volt.com
  3. ^ Staffing Industry Analysts Top IT Companies, http://www.staffingindustry.com/ME2/Audiences/dirmod.asp?sid=D657A977717E4533A248A3E41F0FC33A&nm=Corprate+Member+Topics&type=MultiPublishing&mod=PublishingTitles&mid=6EECC0FE471F4CA995CE2A3E9A8E4207&tier=4&id=C7BF9E397F4E4AA2857A92B686D26422&AudId=FBA2E5858A014D71832408B4CE135CB6
  4. ^ Hoovers Database, http://www.hoovers.com/volt-information/--ID__15089--/free-co-factsheet.xhtml
  5. ^ ITWorld News Report, http://www.itworld.com/Career/1731/IW010108calist/
  6. ^ Official Vizcaino v. Microsoft Web Page, http://www.ms-permatemp.com/
  7. ^ Volt Blog, http://www.voltinsider.com
  8. ^ Orange Badges, http://www.orangebadges.com/