Honoring the dedication of substitute educators and support staff who inspire and empower communities during Teacher Appreciation Week TROY, Mich., May 05, 2025 (GLOBE NEWSWIRE) -- Kelly Education proudly announces the recipients of its annual Educator of the Year Award. This tradition highlights the outstanding contributions of substitute educators, tutors, and school support staff who go above and beyond to make a difference in the lives of students, schools, and communities. This year, the award recogniz ...

Core Insights - KellyOCG has been recognized as a Partner-level supplier for 2024 in the John Deere Achieving Excellence Program, which is the highest supplier rating from Deere & Company [1][3] - The recognition highlights KellyOCG's commitment to providing high-quality products and services, as well as its dedication to continuous improvement [2][4] Company Performance - KellyOCG is a supplier of Managed Service Provider (MSP) and Recruitment Process Outsourcing (RPO) solutions specifically for John Deere's operations in the U.S. and Canada [2] - The Achieving Excellence program evaluates suppliers annually based on key performance categories such as quality, delivery, process alignment, value creation, and relationship [3] Industry Context - The Achieving Excellence program was established by John Deere Supply Chain in 1991 to promote continuous improvement among suppliers [3] - KellyOCG has achieved Partner-level supplier recognition five times, indicating a consistent performance in meeting John Deere's standards [3]

TROY, Mich., April 24, 2025 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its first-quarter earnings before the market opens on Thursday, May 8, 2025. In conjunction with its earnings release, Kelly will publish a financial presentation and host a live webcast of a conference call with financial analysts at 9 a.m. ET on May 8 to review the results from the quarter and answer questions. The presentation and a link to the live webcast will be accessible through ...

TROY, Mich., April 03, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation’s most trusted provider of education talent and workforce solutions, is expanding its commitment to Virginia substitute teacher development with the rollout of Kelly Education Learning Pathways™. This enhanced professional learning platform is designed to equip substitute educators with the skills and confidence they need to succeed in the classroom. The inaugural offering for substitute teachers is available in three levels: Essent ...

TROY, Mich., April 03, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation’s most trusted provider of education talent and workforce solutions, is expanding its commitment to Illinois substitute teacher development with the rollout of Kelly Education Learning Pathways™. This enhanced professional learning platform is designed to equip substitute educators with the skills and confidence they need to succeed in the classroom. The inaugural offering for substitute teachers is available in three levels: Essent ...

TROY, Mich., April 03, 2025 (GLOBE NEWSWIRE) -- Kelly Education, the nation's most trusted provider of education talent and workforce solutions, is expanding its commitment to Kentucky substitute teacher development with the rollout of Kelly Education Learning Pathways™. This enhanced professional learning platform is designed to equip substitute educators with the skills and confidence they need to succeed in the classroom. The inaugural offering for substitute teachers is available in three levels: Essent ...

TROY, Mich., March 12, 2025 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB)), a leading global specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, March 19, 2025. Peter Quigley, president and chief executive officer, Troy Anderson, executive vice president and chief financial officer, and Scott Thomas, head of investor relations, will participate in one-on-one meetings. Kelly's investor presentation is available on the Company's we ...

Core Insights - Kelly Education has been approved by the Wisconsin Department of Public Instruction to provide substitute teacher training, addressing the teacher shortage in Wisconsin [1][2] - The training program is designed for individuals without a degree or certification in education, allowing them to obtain a three-year substitute permit [1] - The curriculum includes practical strategies and specialized practices for teaching students with various needs, ensuring substitutes are well-prepared for classroom challenges [2][3] Company Overview - Kelly Education specializes in customized workforce solutions across the education sector, including hiring, recruiting, and professional development [5] - The organization has over 26 years of experience in developing training materials for substitute teachers, integrating best practices for instructional continuity [2] - The company operates under Kelly, a global workforce solutions provider, connecting individuals with opportunities in various fields [5] Training Program Details - The training modules cover a range of topics from basic instructional strategies to specialized practices for children with autism, ADHD, and learning disabilities [3] - The program includes interactive elements and knowledge checks to engage learners effectively [3] - The introductory online training fee is set at $39.99, with a completion window of 90 days for registered applicants [6]

Core Insights - Kelly has formed an integrated permanent hiring solutions business line by combining KellyOCG's global recruitment process outsourcing (RPO) specialty with Motion Recruitment Partners' talent acquisition solutions brand, Sevenstep, creating a top five global talent solutions offering [1] - Amy Bush has been appointed as the leader of the integrated business, overseeing operations in 71 countries with 33 in-country teams and 19 global hub locations, following the acquisition of Motion Recruitment Partners in 2024 [2] - The integration aims to leverage the strengths of both KellyOCG and Sevenstep to enhance service delivery and innovative technology offerings for clients [3] Company Overview - Kelly Services, Inc. has been a leader in staffing since 1946, connecting over 400,000 people with work annually and generating $4.3 billion in revenue in 2024 [4] - The company specializes in various industries including science, engineering, technology, education, manufacturing, retail, finance, and energy, providing outsourcing and consulting services [4] Sevenstep Overview - Sevenstep is recognized as a global leader in talent acquisition solutions, offering permanent hiring, total talent management, predictive analytics, and strategic consulting services [5] - The company is acknowledged as a key player in recruitment process outsourcing (RPO) and managed services provider (MSP) by industry organizations such as HRO Today and Everest Group [5]

Financial Data and Key Metrics Changes - In Q4 2024, organic revenue increased by more than 4% and adjusted EBITDA rose by 34%, reflecting strong profitability with 110 basis points of margin expansion [11][34] - Total revenue for Q4 2024 was $1.19 billion, a decrease of 3.3% year-over-year, but organic revenue was up 4.4% [22][35] - Adjusted EBITDA for the full year was $143.5 million, up 31%, with an adjusted EBITDA margin improvement of 100 basis points to 3.3% [37] Business Line Data and Key Metrics Changes - The education segment saw a 12% year-over-year revenue increase in Q4, driven by improved fill rates and higher bill rates [24] - The SET segment's revenue was up 38% on a reported basis due to the acquisition of Motion Recruitment Partners, but organic revenue was down 4% [24][25] - OCG segment revenue grew by 9%, while the professional industrial segment improved by 4% year-over-year [26][27] Market Data and Key Metrics Changes - The staffing market experienced overall declines, with total staffing industry revenues down in most segments by double digits [16] - The outcome-based solutions in PNI and SET showed positive trends, with PNI's outcome-based specialties up 5.9% [23][28] Company Strategy and Development Direction - The company is focused on integrating Motion Recruitment Partners to enhance its staffing, consulting, and RPO solutions [16][48] - There is a strategic shift towards higher margin, higher growth areas, including outcome-based solutions [54] - The company plans to unify OCG and PNI under common operational management to better address customer preferences for integrated workforce solutions [52][53] Management's Comments on Operating Environment and Future Outlook - Management noted a cautious customer sentiment due to macroeconomic factors, with expectations for modest improvements in market conditions throughout 2025 [39][84] - The company anticipates capturing additional market share and delivering incremental organic revenue growth in 2025 [40] Other Important Information - The company completed the sale of its European Staffing business for over $100 million and the sale of Ayres Group to focus on global RPO and MS solutions [15] - An impairment charge of $72.8 million was recognized related to the Softworld acquisition due to lower than expected performance [31][32] Q&A Session Summary Question: Impact of hurricanes on the education segment - Management indicated that the education segment's performance in Q4 was significantly impacted by two hurricanes, which disrupted school districts [59] Question: Insights on new customer wins and sales pipeline - Management expressed confidence in their ability to continue winning market share due to higher fill rates and better performance [61] Question: M&A market conditions - Management noted that deal flow remains low, with a disconnect between sellers' valuation expectations and performance [66] Question: Demand for staffing and pricing insights - Management highlighted strong demand in the PNI segment, with a seasonal uptick in Q4, while SET faced challenges in the IT market [73][75] Question: Customer sentiment and macroeconomic environment - Management observed a cautious approach from customers due to recent executive orders and pending legislation, impacting their plans and demand [84] Question: Organic growth outlook for 2025 - Management expects modest growth in the first half of 2025, with education continuing to grow but not at double-digit rates [88][90] Question: Integration of OCG and PNI - Management is currently analyzing segment reporting for 2025 and will provide updates on any changes [95]