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Magnit Named “Market Leader” in Ardent Partners’ 2024 VMS Technology Advisor Report

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星期三, 三月 27, 2024

Magnit ™, an Integrated Workforce Management (IWM) platform provider, attained “Market Leader” designation in Vendor Management Systems (VMS) as part of Ardent Partners’ 2024 VMS Technology Advisor report .

Key Points:

Magnit ™, an Integrated Workforce Management (IWM) platform provider, attained “Market Leader” designation in Vendor Management Systems (VMS) as part of Ardent Partners’ 2024 VMS Technology Advisor report .
Magnit was evaluated against seven VMS solution providers and was recognized for its best-in-class VMS, powerful suite of integrated tools and solutions, and next-generation workforce analytics.
According to Ardent Partners’ report, Magnit has an “innovative blend of solutions that reflect the next generation of talent technology” and has “redefined the landscape of workforce management platforms.”
“We’re honored to be recognized as a VMS Market Leader in Ardent Partners’ report,” said Vidhya Srinivasan, chief product and marketing officer at Magnit.
“Magnit represents the future of workforce and talent solutions,” said Christopher J. Dwyer, SVP of research at Ardent Partners and author of the new study.

Magnit Unveils 2024 Europe Labour Market Outlook Amid Record Low Unemployment

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星期二, 三月 19, 2024

Growth, Environment, Unemployment, IWM, European, Military, Doctor of Philosophy

LONDON, March 19, 2024 /PRNewswire/ -- Magnit™, a global Integrated Workforce Management (IWM) Platform provider, today released its Spring/Summer 2024 Europe Labour Market Report. Analysing billions of data points across a variety of metrics, the report revealed historic unemployment lows, cooling inflation, competitive wages and a heightened demand for high-skill roles — underscoring a tight, yet cautiously optimistic job landscape.

Key Points:

LONDON, March 19, 2024 /PRNewswire/ -- Magnit ™ , a global Integrated Workforce Management (IWM) Platform provider, today released its Spring/Summer 2024 Europe Labour Market Report .
The analysis from Magnit reveals the key market trends that present a remarkable shift in the European labour market and the challenges and opportunities ahead.
The end of 2023 marked a record-breaking time for the job market, with the EU unemployment rate reaching an all-time low of 5.9%.
To learn more about the latest Europe labour market trends, including in-demand job roles/skills and strategies for addressing the impact of EU Directive 2023/970, download the full report.

Magnit Leaders Named Among SIA’s 2023 Global Power 150 Women in Staffing

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星期一, 十一月 20, 2023

Magnit ™ is proud to announce that two of its executives have been named to Staffing Industry Analyst’s (SIA’s) 2023 Global Power 150 Women in Staffing list , further exemplifying the company’s commitment to advancing female leaders and the evolution of work.

Key Points:

Magnit ™ is proud to announce that two of its executives have been named to Staffing Industry Analyst’s (SIA’s) 2023 Global Power 150 Women in Staffing list , further exemplifying the company’s commitment to advancing female leaders and the evolution of work.
In addition to earning a spot on SIA’s Women in Staffing list, Smith was included in the organization’s 2023 Staffing 100 Europe list .
Now in its ninth year, SIA’s annual Women in Staffing list recognizes women from across the globe for their outstanding efforts and achievements in the staffing industry.
A huge congratulations to this year’s Global Power 150 Women in Staffing.”
To view the full list of 2023 Women in Staffing honorees, visit https://si100women.staffingindustry.com/ .

Magnit Welcomes Efrain Rivera to Its Board of Directors

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星期三, 十一月 15, 2023

Professional Services, Data Management, Technology, Data Analytics, Software, Artificial Intelligence, IWM, Growth, Paychex, Bausch, Knowledge, Bausch & Lomb, Management, Magnit

Magnit, an Integrated Workforce Management (IWM) platform provider, is pleased to announce that Efrain Rivera will join its Board of Directors.

Key Points:

Magnit, an Integrated Workforce Management (IWM) platform provider, is pleased to announce that Efrain Rivera will join its Board of Directors.
“We are thrilled to welcome Efrain Rivera to our Board of Directors,” said Teresa Carroll, CEO of Magnit.
“Efrain Rivera’s remarkable achievements and strategic acumen align perfectly with our company’s mission and values,” added Mason Slaine, Chairman of Magnit’s Board.
“I am honored to join the Board of such an established leader in contingent workforce management,” Rivera said of his appointment.

U.S. Economy Showing Signs of Restabilizing, According to Magnit’s Winter 2023-24 U.S. Labor Market Report

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星期二, 十一月 14, 2023

Magnit™ , an Integrated Workforce Management (IWM) platform provider, today released the results of its Winter 2023-24 U.S. Labor Market Report .

Key Points:

Magnit™ , an Integrated Workforce Management (IWM) platform provider, today released the results of its Winter 2023-24 U.S. Labor Market Report .
With the workforce evolving amid shifting labor dynamics, challenges such as labor shortages, wage disparities, and layoffs are likely to persist.
Additionally, the report highlights data-driven strategies organizations might implement to overcome these difficulties and thrive in the new year.
To learn more about the latest U.S. labor market trends, download the full report .

Forbes Acquisition Attracts Next-Generation Business Leaders

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星期二, 九月 19, 2023

Professional Services, Finance, Benchmark, Human, Capitalism, Marketing, Culture, Woman, Multimedia, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Entrepreneurship, Acquisition, IWM, Ecosystem, AI, Cryptocurrency, Pharmaceutical industry

Forbes Holdings intends to decide final investor allocations for closing in the coming weeks.

Key Points:

Forbes Holdings intends to decide final investor allocations for closing in the coming weeks.
This transaction will facilitate a transition of ownership and control of Forbes from Hong Kong back to the U.S.
This transaction will enable the development of a new business venture ecosystem alongside Forbes Media, leveraging the iconic Forbes brand.
Steve Forbes will remain involved with Forbes Media, which will continue to be led by the existing management team.

Magnit Achieves a “Leader” Recognition in Everest Group’s CWM/MSP PEAK Matrix for Third Consecutive Year

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星期四, 九月 7, 2023

Magnit™ , an Integrated Workforce Management (IWM) platform provider, has again been named a “Leader” in Everest Group’s annual Contingent Workforce Management (CWM)/Managed Service Provider (MSP) PEAK Matrix® .

Key Points:

Magnit™ , an Integrated Workforce Management (IWM) platform provider, has again been named a “Leader” in Everest Group’s annual Contingent Workforce Management (CWM)/Managed Service Provider (MSP) PEAK Matrix® .
Everest Group’s 2023 CWM/MSP PEAK Matrix evaluated the performance of 30 service providers, offering detailed insights to help enterprises make critical decisions about their market partners.
“We’re proud to be recognized as a Leader by Everest Group’s annual CWM/MSP PEAK Matrix for the third year in a row,” said Vidhya Srinivasan, Chief Product and Marketing Officer of Magnit.
"Magnit strengthened its market position through significant investments in critical areas including direct sourcing, services procurement, and advisory services," said Krishna Charan, Vice President, Everest Group.

Magnit Achieves Highest Score for Vision & Capability in Everest Group’s 2023 VMS Peak Assessment for Third Straight Year

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星期四, 六月 8, 2023

Magnit™ , an Integrated Workforce Management (IWM) platform provider, announced that it was named a Leader in Everest Group ’s 2023 Vendor Management System (VMS) Products PEAK Matrix® Assessment for the third consecutive time.

Key Points:

Magnit™ , an Integrated Workforce Management (IWM) platform provider, announced that it was named a Leader in Everest Group ’s 2023 Vendor Management System (VMS) Products PEAK Matrix® Assessment for the third consecutive time.
According to Everest Group, Magnit also achieved the report’s highest score for Vision & Capability for the third straight year, which speaks to its forward-thinking approach and unique value proposition compared to other options on the market.
“Our performance in Everest Group’s VMS PEAK Matrix this year is a reflection of our commitment to innovation, shaping the future of work and driving positive impact for our clients,” said Vidhya Srinivasan, Chief Marketing Officer of Magnit.
The position of Magnit VMS as a Leader in the 2023 PEAK Matrix was established by Everest Group’s scoring along two main axes, Vision & Capability and Market Impact:
As the top-performing platform for Vision & Capability, Magnit was recognized for its exceptional core technology; emerging and differentiating capabilities; implementation, UI/UX, and support offerings; and engagement and commercial models.

Forbes to be Acquired by Entrepreneur and Philanthropist Austin Russell

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星期六, 五月 13, 2023

Professional Services, Finance, AI, Capitalism, Publishing, Acquisition, Digital, News, IWM, Cryptocurrency, Pharmaceutical industry, Food delivery, Luminar

Mr. Russell will act as a visionary for the brand, and will not be involved in its day-to-day operations.

Key Points:

Mr. Russell will act as a visionary for the brand, and will not be involved in its day-to-day operations.
We look forward to the next chapter of the Forbes growth story.”
“We welcome Austin Russell.
His energy and vision will enable Forbes to continue and enhance the excellent work for which we are known,” said Steve Forbes, Chairman and Editor-in-Chief of Forbes Media.
As part of the transaction, the remaining stake of Forbes owned by the Forbes family will be acquired by the new owner.

Technology Roles See Largest Quarter-Over-Quarter Increase in Hiring, According to Magnit’s Spring 2023 Labor Market Report

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星期四, 五月 11, 2023

Magnit™ , the industry-leading integrated workforce management (IWM) platform provider, today released the findings of its Spring 2023 U.S. Labor Market Report .

Key Points:

Magnit™ , the industry-leading integrated workforce management (IWM) platform provider, today released the findings of its Spring 2023 U.S. Labor Market Report .
“In today’s labor market, success hinges on leveraging data to make smarter decisions about hiring and retention while holistically looking at all labor when engaging in workforce planning.
They’re emphasizing a skills-based approach to hiring, utilizing market data to strategize wage increases, and tapping AI-driven analytics to identify redeployment opportunities.
Hiring for tech roles as a percentage of total hires saw the largest quarter-over-quarter increase in Q1 (34%).