Kelly Services Explained

Kelly Services, Inc.
Type:Public
Traded As:NASDAQ: (Class A)
S&P 600 Component
Industry:Professional services
Predecessors:-->
Successors:-->
Founder:William Russell Kelly
Hq Location:999 West Big Beaver Road
Hq Location City:Troy, Michigan
Hq Location Country:United States
Key People:Peter Quigley (president & CEO)
Revenue: US$4.52 billion
Revenue Year:2020
Operating Income:US$67 million
Income Year:2015
Net Income: US$ million
Net Income Year:2020
Assets: US$2.562 billion
Assets Year:2020
Equity: US$1.203 billion
Equity Year:2020
Owners:-->
Num Employees:7,100[1]
Num Employees Year:2020
Slogans:-->

Kelly Services, Inc. (formerly Russell Kelly Office Service and Kelly Girl Service, Inc.) is an American office staffing company that operates globally.[2] [3] [4] [5] The company places employees at all levels in various sectors including financial services, information technology, and law. Also, its professional services include human resource and management consulting, outsourcing, recruitment, career transition, and vendor management. Kelly Services was founded by William Russell Kelly in 1946 and is headquartered in Troy, Michigan.[6]

History

Founded in 1946 by William Russell Kelly, the company was originally named Russell Kelly Office Service.[7] [8] Services were provided in-house at the Kelly office. However, as customer offices grew and needed more resources, they began to ask for the Kelly employees to perform the work at their own offices. Temporary workers from Russell Kelly Office Service soon became known as ‘Kelly Girls’. Adelaide Hess Moran, the first Kelly temporary employee to work at a customer’s office, was promptly dubbed the first ‘Kelly Girl’.

The temporary workers, usually female, became known as "Kelly girls",[9] and the company name was changed to Kelly Girl Service, Inc. in 1957. Eventually "Kelly girl" became a widely used term for a temporary worker, regardless of company affiliation or gender. By 1966, the company had expanded to include industrial and technical services divisions and was renamed Kelly Services, Inc.[10]

In 2008, Lynn Noyes was awarded $6.5million in damages from Kelly Services for failing to promote her because she was not part of the Fellowship of Friends cult.[11]

In 2015, the company reported 8,100 employees, $5.5billion in revenue, making it one of the world's largest staffing firms.[12] In 2018, the company reported $5.5billion in revenue.[13]

, the CEO is Peter Quigley.[14]

In May 2024, Kelly Services acquired Motion Recruitment Partners for $425 million in cash.[15]

See also

External links

Notes and References

  1. Web site: Kelly Services. Fortune. 2021-11-14. 2019-10-28. https://web.archive.org/web/20191028052704/https://fortune.com/fortune500/kelly-services/. dead.
  2. Web site: 2015 Annual Report. Kelly Services. July 25, 2016. November 11, 2016. https://web.archive.org/web/20161111122850/http://files.shareholder.com/downloads/KELYA/2502805007x0x885545/6713C375-AD32-46A3-AD91-B3EA501CF4BB/2015_Annual_Report_w_Form_10K.pdf. dead.
  3. Web site: United States Securities and Exchange Commission: Form 10-K. U.S. Securities and Exchange Commission. August 17, 2016.
  4. We Learn More When We Learn Together. Harvard Business Review. August 18, 2016. Jane E.. Dutton. Emily. Heaphy. January 12, 2016.
  5. Web site: 3 Staffing Firms to Get Worked Up About. Tim. Melvin. August 18, 2016. March 8, 2016. TheStreet.com.
  6. News: Murphy. Maxwell. CFO Moves: Kelly Services, Pharm-Olam. August 17, 2016. The Wall Street Journal. December 21, 2015.
  7. Web site: William Russell Kelly Tribute. kellyservices.com. 2008-10-03. 2008-09-26. https://web.archive.org/web/20080926084157/http://www.kellyservices.com/web/global/services/en/pages/william_russell_kelly_tribute.html. dead.
  8. News: William Kelly, 92, Founder Of Temporary Jobs Company . The New York Times. 2008-06-23. Leslie. Eaton. 1998-01-08.
  9. Book: Hatton . Erin . The Temp Economy: From Kelly Girls to Permatemps in Postwar America . Temple University Press . 2011 . 2013-07-08 . 978-1439900826.
  10. Web site: History of Kelly Services, Inc. – FundingUniverse . fundinguniverse.com.
  11. Web site: 16 June 2022 . Metz, Cade; Wakabayashi, Daisuke (16 June 2022). "How a Religious Sect Landed Google in a Lawsuit". The New York Times. . .
  12. News: Wernau. Julie. Kelly Services, DeVry partner to fill STEM gap. August 17, 2016. Chicago Tribune. November 25, 2014.
  13. Web site: Company Overview - About Us Kelly . kellyservices.com.
  14. Web site: Kelly Leadership . kellyservices.com.
  15. Web site: Kelly Services Inc . 2024-05-03 . Kelly Enters Agreement to Acquire Specialty Talent Solutions Company, Motion Recruitment Partners, LLC . 2024-05-03 . GlobeNewswire News Room . en.