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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Kelly Services, Inc.    KELYA

KELLY SERVICES, INC.

(KELYA)
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Kelly Services : CWS Israel Forms Strategic Contractor Compliance Partnership with KellyOCG®

08/27/2020 | 09:31am EST

CWS Israel, a Contingent Workforce management firm, today announced a strategic partnership with KellyOCG® to help mitigate clients’ IC misclassification risk.

Tel Aviv, Israel, August 27, 2020 --(PR.com)-- CWS Israel, a Contingent Workforce management firm, today announced a strategic partnership with KellyOCG®, the outsourcing and consulting group of Kelly Services, to help mitigate clients’ IC misclassification risk, adding CWS Israel’s robust in-country processes into Kelly’s Managed Service Provider (MSP) and Master Vendor (MV) solution offerings. CWS Israel is a prominent player in the Israeli Contingent Workforce management market, partnered with the world’s largest MSPs and global employers.

“Organizations across the globe, large and small, are facing government scrutiny over misclassification of Independent contractors. This risk has a significant impact on the financial and strategic outcomes of their businesses,” said Raz Chorev for CWS Israel. “We’re proud to form a partner relationship with KellyOCG specifically to offer our in-country expertise to help protect their clients from carrying the risk of misclassification of their workforce.”

CWS Israel is an independent in-country specialist, providing services to a select and prestigious client base, including some of the globe’s largest tech, finance and automotive brands, either directly or through their MSP partners.

“Partnerships are the foundation of successful service to our global customer base. Engaging with CWS Israel strengthens our in-country expertise and provides peace of mind for KellyOCG, our employees and customers that we have the ability to localise with smart and successful partnering,” said Sam Smith, vice president and managing director, KellyOCG EMEA.

Mr. Chorev continued: “CWS Israel provides a comprehensive set of services to support our global clients in managing all aspects of non-employee engagements in Israel, via their MSP partners.”

About CWS Israel
CWS Israel is a specialist contractor management company, providing EOR and AOR services to global organisations, operating in Israel. Our solutions cover Contingent Workforce services, including business migration, relocation, payroll, and workforce compliance audit services.

Our enviable list of clients and partners, have come to rely on our fully transparent and compliant services, trusting the quality of information and loving the personal service from our account managers. Learn more about how we’re redefining the future of work in Israel by visiting us at https://www.cwsisrael.com

About KellyOCG
KellyOCG® connects you with the diverse talent you need to fuel and grow your business via exceptional MSP program management and an unrivaled global talent supply chain network. We combine proprietary insights with a continued focus on technology to produce world-class programs that meet your unique workforce needs. Our ability to anticipate what’s next for talent solutions drives us to challenge the status quo making us a trusted partner for our global client portfolio, which spans leading industries across North America, APAC and EMEA. Visit kellyocg.com or connect with us on LinkedIn to learn more.

Contact Information:
CWS Israel
Raz Chorev
+972 3 7228451
Contact via Email
https://www.contingentworkforceservices.com

Read the full story here: https://www.pr.com/press-release/819866

Press Release Distributed by PR.com

Copyright © 2020 PR.com and its licensors , source US Press Releases

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Financials (USD)
Sales 2020 4 414 M - -
Net income 2020 -50,6 M - -
Net Debt 2020 - - -
P/E ratio 2020 -9,52x
Yield 2020 -
Capitalization 806 M 806 M -
Capi. / Sales 2020 0,18x
Capi. / Sales 2021 0,17x
Nbr of Employees 7 700
Free-Float 83,8%
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Technical analysis trends KELLY SERVICES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 25,00 $
Last Close Price 20,46 $
Spread / Highest target 27,1%
Spread / Average Target 22,2%
Spread / Lowest Target 17,3%
EPS Revisions
Managers
NameTitle
Peter W. Quigley President, Chief Executive Officer & Director
Donald R. Parfet Chairman
Debra Thorpe Head-Global Operations
Olivier Thirot Chief Financial Officer & Senior Vice President
Darryl Staskowski Chief Information Officer & Senior Vice President
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