Manpower Inc.

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ManpowerGroup Inc.
TypePublic
Traded asNYSEMAN
IndustryProfessional services
Founded1948
Founder(s)Elmer Winter
Aaron Scheinfeld
HeadquartersMilwaukee, Wisconsin, United States
Number of locations3,900 offices in 80 countries and territories.
Area servedWorldwide
Key peopleJeffrey A. Joerres
(Chairman of the Board, President, CEO)
ServicesEmployment agencies, recruitments, human resource consulting and outsourcing
RevenueIncrease US$ 22.00 billion (2011)[1]
Operating incomeIncrease US$ 524 million (2011)[1]
ProfitIncrease US$ 251 million (2011)[1]
Total assetsIncrease US$ 6.89 billion (2011)[1]
Total equityIncrease US$ 2.48 billion (2011)[1]
Employees31,000 (2012)
Websitewww.manpowergroup.com
 
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ManpowerGroup Inc.
TypePublic
Traded asNYSEMAN
IndustryProfessional services
Founded1948
Founder(s)Elmer Winter
Aaron Scheinfeld
HeadquartersMilwaukee, Wisconsin, United States
Number of locations3,900 offices in 80 countries and territories.
Area servedWorldwide
Key peopleJeffrey A. Joerres
(Chairman of the Board, President, CEO)
ServicesEmployment agencies, recruitments, human resource consulting and outsourcing
RevenueIncrease US$ 22.00 billion (2011)[1]
Operating incomeIncrease US$ 524 million (2011)[1]
ProfitIncrease US$ 251 million (2011)[1]
Total assetsIncrease US$ 6.89 billion (2011)[1]
Total equityIncrease US$ 2.48 billion (2011)[1]
Employees31,000 (2012)
Websitewww.manpowergroup.com
Manpower logo

ManpowerGroup 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[edit]

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

Subsidiaries[edit]

ManpowerGroup has several subsidiaries including: Manpower, Experis (a combined, consolidated, professional resourcing business to be rolled out over time), Right Management (outplacement company) and ManpowerGroup Solutions (human resources and outsourcing services, and outcome-based workforce initiatives). Experis was formed through merger of Elan (acquired in 2000),[3] Jefferson Wells 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[edit]

References[edit]

  1. ^ a b c d e "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[edit]