ManpowerGroup

ManpowerGroup
Public
Traded as NYSE: MAN
Industry Professional services
Founded 1948
Founder Elmer Winter
Aaron Scheinfeld
Headquarters Milwaukee, Wisconsin, United States
Number of locations
 3,900 offices in 80 countries and territories.
Area served
 Worldwide
Key people
 Jonas Prising
(CEO)
Services Employment agencies, recruitments, human resource consulting and outsourcing
Revenue Increase US$ 22.00 billion (2011)[1]
Increase US$ 524 million (2011)[1]
Profit Increase US$ 251 million (2011)[1]
Total assets Increase US$ 6.89 billion (2011)[1]
Total equity Increase US$ 2.48 billion (2011)[1]
Number of employees
 31,000 (2012)
Website www.manpowergroup.com
Manpower logo

ManpowerGroup (formerly known as ManPower Inc.) is an American multinational human resource consulting firm headquartered in Milwaukee, Wisconsin, USA. Manpower provides recruitment and assessment, training and development, career management, outsourcing, and workforce consulting. Founded by Elmer Winter and Aaron Scheinfeld in 1948, the company was acquired by Blue Arrow of Britain in 1987, but became independent again in 1991.

History

In 1948, Manpower was founded in Milwaukee, Wisconsin by attorneys Elmer Winter and Aaron Scheinfeld. The first offices were located in Milwaukee and Chicago, Illinois. In 1954, Manpower continued expanding in the United States by offering franchise business opportunities in addition to company owned branch offices. In 1956 the company became an international company:

In 1962, Manpower launched the Employment Outlook Survey, which covers 39 countries.

In 1976, upon Elmer Winter's retirement, Manpower was sold to The Parker Pen Company. It became independent again in 1986, and a year later was acquired by Blue Arrow of the United Kingdom. It again became independent in 1991.

Elmer Winter died on October 22, 2009 at the age of 97.

On 30 March 2011, Manpower Inc. changed its name to ManpowerGroup to better reflect its offerings. Under the parent brand, ManpowerGroup's working brands became known as ManpowerGroup Solutions, Manpower, Experis and Right Management. ManpowerGroup also revamped its logos in an attempt to provide a uniform look and a better representation of how its brands fit together.

As of 2011, ManpowerGroup had over 3,900 offices in 82 countries and an "office" in web based online universe Second Life. In 2010, the company's total sales equaled US$19 billion worldwide. ManpowerGroup's customer base, which stands at approximately 400,000 companies, includes multinational corporations such as IBM, Monsanto Company, ntl and Danaher subsidiaries. The number of direct staff ManpowerGroup has is estimated at more than 30,000 and the agency employs more than 4.4 million workers each year. ManpowerGroup is a Fortune 500 company.[2]

Subsidiaries

ManpowerGroup has several brands including: Manpower, Experis (Professional Resourcing), Right Management (Outplacement and Talent Management), and ManpowerGroup Solutions (RPO, MSP, and Talent Based Outsourcing). Experis was formed through merger of Elan (acquired in 2000),[3] Jefferson Wells (acquired in 2001), and Manpower Professional.[4]

In 2007, it acquired Clarendon Parker, an employment business based in the Middle East; in April 2011 it acquired WDC, an IT services and staffing company in India.

See also

References

  1. 1 2 3 4 5 "2010 Form 10-K, Manpower Inc.". Google Finance.
  2. ↑ "Fortune Global 500 2009: The World's Biggest Companies - Manpower - MAN". Money.cnn.com. 2009-07-20. Retrieved 2012-05-31.
  3. ↑ Milton, Tina (2000-01-13). "Manpower to acquire Elan". Computer Weekly.
  4. ↑ "About Us". Experis. Retrieved 2014-02-22.

External links

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