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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Randstad N.V.    RAND   NL0000379121

RANDSTAD N.V.

(RAND)
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Randstad N : US and Udemy announce new partnership to launch skilling program for American workers

11/16/2020 | 09:11am EST
Randstad US is committed to skilling 40,000 U.S. workers by the end of 2020

Atlanta, GA - November 16, 2020 - Randstad USand Udemytoday announced a partnership to offer free educational courses to American workers either already placed or currently looking for roles through Randstad's job network. The partnership focuses on providing access to the skills needed to increase career mobility in primarily technical sectors.

The courses offered by this partnership align with the skills needed for employment in today's most in-demand jobs. These courses span critical business skills, personal development and soft skills. Learning paths focused on technical and exam prep skills include topics like AWS, Cloud, CCSIP, PHP, MEAN, Python, AI, machine learning, CISA, CISM, CEH and more.

'We have partnered with Udemy to ensure that our talent has access to the fresh and high-quality content they need to become and remain employable in the ever-changing job market,' said Jennifer Seith, senior vice president of product strategy and innovation at Randstad US. 'The pandemic has highlighted the importance of equipping every American with versatile skills that can easily transfer to growth industries, especially in the technology sector. This partnership will allow talent in Randstad's network to focus on enhancing their skills to grow in their current roles and better position themselves for future roles, as well.'

At present, the American economy faces a significant skills gap - there are 250,000 fewer data scientiststhan the country needs, for example - that is expected to cost $1.2 trillion in reduced economic outputthrough 2029 unless employers commit resources to reskilling and upskilling their employees.

Research by Randstad US shows that connecting an employee's current work to potential career growth is a key motivator for completing courses and certifications. In the first two months of the partnership, Randstad US achieved a 54 percent enrollment rate, and participants consumed more than 3,800 hours of course content. Additionally, 18 percent of Randstad talent who participated in upskilling courses have been redeployed within 30 days of completing their most recent assignments.

'Udemy is proud to partner with forward-thinking organizations like Randstad that are directly aligned with our mission to improve lives through learning,' said Stephanie Stapleton, vice president of customer success at Udemy. 'As the skills required to do nearly every job continue to change, this partnership will provide access to development opportunities that are actionable, dynamic, and meet individuals in their specific moment of need.'

The partnership is part of Randstad US' contribution to the Pledge to America's Workers, a national initiative to train and retrain workers in order to translate their skills to more in-demand industries. Through the initiative, Randstad US is committed to skilling 40,000 U.S. workers- and to building a more resilient workforce in a challenging economy exacerbated by the COVID-19 pandemic.

about randstad

Randstad North America, Inc. is a wholly owned subsidiary of Randstad N.V., a €23.7 billion global provider of flexible work and human resources services. As a trusted human partner in the technology-driven world of talent, we combine the expertise and passion of our employees, with some of the most innovative HR technologies on the market today, to advance the careers and business success of our candidates and clients.

Randstad's North American operations comprise nearly 5,700 associates and a deployed workforce of more than 94,000 in the U.S. and Canada. In addition to staffing and recruitment, Randstad offers outsourcing, consulting and workforce management solutions for generalist and specialist disciplines, including technology, engineering, accounting and finance, clinical and non-clinical healthcare, human resources, legal, life sciences, manufacturing and logistics, office and administration and sales and marketing. Global concepts available to North American client companies include RPO, MSP, integrated talent solutions, payrolling and independent contractor management and career transition services. Learn more at www.randstadusa.com or www.randstad.ca.

about udemy

With a mission to improve lives through learning, Udemy is the world's largest online learning destination that helps students, businesses, and governments gain the skills they need to compete in today's economy. Thirty-five million students are mastering new skills from 57,000 expert instructors teaching over 130,000 online coursesin topics from programmingand data scienceto leadershipand team building. For companies, Udemy for Business offers an employee trainingand development platform with subscription access to 7,000+ courses, learning analytics, as well as the ability to host and distribute their own content. Udemy for Government is designed to upskill workers and prepare them for the jobs of tomorrow. Eighty percent of Fortune 100 companies trust Udemy for employee upskilling. Udemy is privately held and headquartered in San Francisco with offices in Denver, Brazil, India, Ireland, and Turkey. Udemy investors include Insight Partners, Prosus, Norwest Venture Partners, Stripes, and Benesse Holdings.

media contacts

Scott Lusk
1.202.288.3233
scott@marathonstrategies.com

Madison Southall
1.954.308.6213
madison.southall@randstadusa.com

Disclaimer

Randstad Holding NV published this content on 16 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2020 14:10:01 UTC


© Publicnow 2020
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Financials
Sales 2020 20 573 M 25 034 M 25 034 M
Net income 2020 229 M 279 M 279 M
Net Debt 2020 620 M 754 M 754 M
P/E ratio 2020 36,7x
Yield 2020 2,82%
Capitalization 9 836 M 11 973 M 11 969 M
EV / Sales 2020 0,51x
EV / Sales 2021 0,46x
Nbr of Employees 33 660
Free-Float 47,1%
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 55,75 €
Last Close Price 53,66 €
Spread / Highest target 22,1%
Spread / Average Target 3,89%
Spread / Lowest Target -10,5%
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Managers and Directors
NameTitle
Jacobus Wim van den Broek Chairman-Executive Board & Chief Executive Officer
Wout Dekker Chairman-Supervisory Board
Henry R. Schirmer CFO & Member-Executive Board
Henri Giscard d'Estaing Independent Member-Supervisory Board
Jaap Winter Vice Chairman-Supervisory Board
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