Volt Technical Resources
From Wikipedia, the free encyclopedia
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 primarily on the western seaboard. Volt Technical Resources is a subsidiary of Volt Information Sciences (NYSE: VOL) and accounted for 90.27% of its net sales for the first half of 2006.[1] While Volt is best known for temporary, technical staffing services they also provide direct (Full Time) placement services.[2]
[edit] Competitors
Primary Competitors[3] 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".[4] 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.[5] 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.[6][7]
[edit] References
- ^ Volt Financial Statement 2006, http://volt.com/investor/press_details.cfm?ID=159&type=Financial
- ^ Volt Webpage, http://www.volt.com
- ^ Hoovers Database, http://www.hoovers.com/volt-information/--ID__15089--/free-co-factsheet.xhtml
- ^ ITWorld News Report, http://www.itworld.com/Career/1731/IW010108calist/
- ^ Official Vizcaino v. Microsoft Web Page, http://www.ms-permatemp.com/
- ^ Volt Blog, http://www.voltinsider.com
- ^ Orange Badges, http://www.orangebadges.com/
