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Volt Technical Resources is an American
employment agency An employment agency is an organization which matches employers to employees. In developed countries, there are multiple private businesses which act as employment agencies and a publicly-funded employment agency. Public employment agencies One ...
based in
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
but with operations throughout North America. Volt Technical Resources is a business unit of Volt Workforce Solutions, a subsidiary of Volt Information Sciences (currently trading over-the-counter as VISI.) While Volt is best known for temporary, technical staffing services they also provide direct (Full Time) placement services. In June 2007, Volt was named #2 IT Staffing Company in the US by Staffing Industry Analysts. According to Staffing Industry Analysts, on January 11, 2013, the Securities and Exchange Commission announced it filed suit against Volt CFO Jack Egan, in a scheme to allegedly overstate revenue and mislead auditors. On Wednesday, January 26, 2011, the company was delisted from the New York Stock Exchange for failing to file its November 1, 2009 Form 10-K and certain other filings.


Competitors

Primary competitors include: *
Kelly Services Kelly Services, Inc. (formerly Russell Kelly Office Service and Kelly Girl Service, Inc.) is an American office staffing company that operates globally. The company places employees at all levels in various sectors including financial services, ...
*
Adecco The Adecco Group, is a Swiss-French company based in Zurich, Switzerland, and is the world's second largest Human Resources provider and temporary staffing firm, and a Fortune Global 500 company. They directly employ 700,000 people a day ...
*
Manpower Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...
*
Aquent Aquent is a staffing company specializing in placing temporary employees in marketing and creative industries. According to Staffing Industry Analysts, it is among the "largest marketing/creative staffing firms in the United States". Aquent also o ...


Microsoft and Volt relationship

Most of the press that Volt receives is related to its close relationship with
Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...
. Most notably, in 2001/2002
Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...
had significant issues regarding the employment of "
permatemp Permatemp is a U.S. term for a temporary employee who works for an extended period for a single staffing client. The word is a portmanteau of the words '' permanent'' and ''temporary''. There are two types of permatemp employment relationships. ...
s". Their practice of hiring temporary employees through third-party agencies and then failing to convert them to full-time employees within a reasonable amount of time resulted in a class-action lawsuit against Microsoft and a subsequent settlement.Official Vizcaino v. Microsoft Web Page, http://www.ms-permatemp.com/ As the primary provider of temporary workforce solutions for Microsoft, Volt picked up the majority of the attention related to this event. This lawsuit had significant implications for the IT industry and the way that contract employees are hired. As a direct result of this suit, contractors at Microsoft are currently required to take a hiatus of six months from Microsoft positions that require building and network access after eighteen months as an agency temp (previously 100 days after 12 months). This policy applies to all agencies, not just Volt. Other companies also impose limits on the tenure of agency contractors.


References

Employment agencies of the United States Companies of the United States {{US-company-stub