About KELLY SERVICES, INC.

These days a lot of "Kelly Girls" are men. Once a business that supplied only female clerical help, Kelly Services has expanded to include male and female temporary employees in light industrial, technical, and professional sectors, including information technology specialists, engineers, and accountants. It also places lawyers (Kelly Law Registry), scientists (Kelly Scientific Resources), substitute teachers (Kelly Educational Staffing), nurses and other medical staff (Kelly Healthcare Resources), and teleservices personnel (KellyConnect). Kelly Services assigns some 555,000 temporary employees around the world each year. Chairman Terence Adderley owns a controlling stake in the company.

Geographic Reach

Kelly caters to customers in three chief regions: the Americas (63% of total sales); Europe, the Middle East, and Africa (EMEA, 19%); and the Asia/Pacific (18%).

Operations

The company provides additional personnel in areas such as electronics (Kelly Electronic Assembly Services), merchandising (Kelly Marketing Services), and catering (Kelly Catering and Hospitality). It also offers career transition, outplacement, and human resources consulting services through its Ayers Group division (which makes up its Outsourcing and Consulting Group segment, or OCG).

Financial Performance

Like most companies involved in the employment industry, Kelly has seen its balance sheet fluctuate. After experiencing a revenue decline in 2013, the company saw its revenues jump 3% to $5.56 billion in 2014. Profits, however, nosedived 60% from $59 million in 2013 to $24 million in 2014 due to an increase in cost of services and additional selling, general, and administrative expenses.

The revenue growth for 2014 was fueled by a 15% surge in sales from its OCG segment and increases from virtually all other segments. Kelly was also helped by an increase in bill rates in the commercial America region as APAC Services revenue increased to reflect a 10% uptick in the number of hours worked.

Kelly's operating cash flow plummeted by 185% from $115 million in 2013 to a negative cash flow of 70% during 2014. This was the result of $20 million the company paid related to the timing of supplier payments, a $5 million effect of the correction of the error from prior periods, and lower working capital requirements.

Strategy

The staffing firm's strategy for growth entails maintaining its core strengths in the commercial staffing market, while also growing its professional and technical staffing capabilities. Kelly also plans to recognize additional revenue by growing its Outsourcing and Consulting Group segment and by targeting specialized niche markets which require staffing services.

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KELLY SERVICES, INC.

999 W Big Beaver Rd
Troy, MI 48084-4716
Phone: 1 (248) 362-4444
Fax: 1 (248) 244-4154
www.kellyservices.com

Stats

  • Employer Type: Public
  • Stock Symbol: KELYA
  • Stock Exchange: NASDAQ
  • President and CEO: Carl T. Camden
  • President and CEO: Carl T. Camden
  • EVP and COO: George S. Corona

Major Office Locations

  • Troy, MI
  • Detroit, MI

Other Locations

  • Birmingham, AL
  • Dothan, AL
  • Huntsville, AL
  • Montgomery, AL
  • Selma, AL
  • Tuscaloosa, AL
  • Fort Smith, AR
  • Little Rock, AR
  • Glendale, AZ
  • Phoenix, AZ
  • Scottsdale, AZ
  • Tempe, AZ
  • Tucson, AZ
  • Capitola, CA
  • Downey, CA
  • Fresno, CA
  • Hollister, CA
  • Irvine, CA
  • Long Beach, CA
  • Modesto, CA
  • Orange, CA
  • Pleasanton, CA
  • Rancho Cordova, CA
  • Sacramento, CA
  • Salinas, CA
  • San Bernardino, CA
  • San Diego, CA
  • San Jose, CA
  • San Mateo, CA
  • Stockton, CA
  • Upland, CA
  • Walnut Creek, CA
  • West Covina, CA
  • Boulder, CO
  • Colorado Springs, CO
  • Denver, CO
  • Westminster, CO
  • Danbury, CT
  • Enfield, CT
  • Farmington, CT
  • New London, CT
  • Stamford, CT
  • Torrington, CT
  • Washington, DC
  • Dover, DE
  • New Castle, DE
  • Deland, FL
  • Fort Myers, FL
  • Fort Walton Beach, FL
  • Gainesville, FL
  • Jacksonville, FL
  • Lakeland, FL
  • Largo, FL
  • Melbourne, FL
  • Miami Lakes, FL
  • Orlando, FL
  • Panama City, FL
  • Pensacola, FL
  • Plantation, FL
  • Sarasota, FL
  • Tallahassee, FL
  • Tampa, FL
  • Albany, GA
  • Athens, GA
  • Atlanta, GA
  • Augusta, GA
  • Brunswick, GA
  • Columbus, GA
  • Conyers, GA
  • Gainesville, GA
  • Lagrange, GA
  • Lithia Springs, GA
  • Marietta, GA
  • Rome, GA
  • Savannah, GA
  • Cedar Rapids, IA
  • Davenport, IA
  • Des Moines, IA
  • Iowa City, IA
  • Mason City, IA
  • Waterloo, IA
  • Boise, ID
  • Bloomington, IL
  • Bourbonnais, IL
  • Champaign, IL
  • Chicago, IL
  • Danville, IL
  • Decatur, IL
  • Deerfield, IL
  • Frankfort, IL
  • Glenview, IL
  • Lombard, IL
  • Oakbrook Terrace, IL
  • Peoria, IL
  • Romeoville, IL
  • Schaumburg, IL
  • Springfield, IL
  • Vernon Hills, IL
  • Auburn, IN
  • Columbus, IN
  • Evansville, IN
  • Fort Wayne, IN
  • Indianapolis, IN
  • Kokomo, IN
  • Lafayette, IN
  • Michigan City, IN
  • New Albany, IN
  • Terre Haute, IN
  • Warsaw, IN
  • Overland Park, KS
  • Shawnee Mission, KS
  • Topeka, KS
  • Wichita, KS
  • Ashland, KY
  • Bowling Green, KY
  • Florence, KY
  • Frankfort, KY
  • Georgetown, KY
  • Henderson, KY
  • Louisville, KY
  • Morgantown, KY
  • Richmond, KY
  • Shelbyville, KY
  • Baton Rouge, LA
  • Monroe, LA
  • New Orleans, LA
  • Boston, MA
  • Burlington, MA
  • Pittsfield, MA
  • Quincy, MA
  • West Springfield, MA
  • Westborough, MA
  • Baltimore, MD
  • Columbia, MD
  • Silver Spring, MD
  • Towson, MD
  • Auburn, ME
  • Augusta, ME
  • Portland, ME
  • Ann Arbor, MI
  • Battle Creek, MI
  • Brighton, MI
  • Dearborn, MI
  • Flint, MI
  • Fort Gratiot, MI
  • Grand Rapids, MI
  • Jackson, MI
  • Lansing, MI
  • Lapeer, MI
  • Livonia, MI
  • Midland, MI
  • Mount Clemens, MI
  • Petoskey, MI
  • Saginaw, MI
  • Southfield, MI
  • Sterling Heights, MI
  • Taylor, MI
  • Traverse City, MI
  • Zeeland, MI
  • Duluth, MN
  • Minneapolis, MN
  • Rochester, MN
  • Saint Paul, MN
  • Cape Girardeau, MO
  • Columbia, MO
  • Maryland Heights, MO
  • Perryville, MO
  • Saint Joseph, MO
  • Saint Louis, MO
  • Saint Peters, MO
  • Springfield, MO
  • Hattiesburg, MS
  • Olive Branch, MS
  • Tupelo, MS
  • Billings, MT
  • Asheville, NC
  • Charlotte, NC
  • Greensboro, NC
  • Morrisville, NC
  • Rocky Mount, NC
  • Statesville, NC
  • Wilson, NC
  • Winston Salem, NC
  • Fargo, ND
  • Grand Forks, ND
  • Lincoln, NE
  • Omaha, NE
  • Bedford, NH
  • Portsmouth, NH
  • Cherry Hill, NJ
  • Cranbury, NJ
  • Cranford, NJ
  • East Brunswick, NJ
  • Lyndhurst, NJ
  • Paramus, NJ
  • Parsippany, NJ
  • Albuquerque, NM
  • Las Cruces, NM
  • Carson City, NV
  • Las Vegas, NV
  • Reno, NV
  • Albany, NY
  • Auburn, NY
  • Buffalo, NY
  • Canandaigua, NY
  • Corning, NY
  • Ithaca, NY
  • Jamestown, NY
  • Le Roy, NY
  • Melville, NY
  • New York, NY
  • Potsdam, NY
  • Rochester, NY
  • Syracuse, NY
  • White Plains, NY
  • Akron, OH
  • Archbold, OH
  • Ashtabula, OH
  • Blue Ash, OH
  • Cincinnati, OH
  • Cleveland, OH
  • Columbus, OH
  • Dayton, OH
  • Dublin, OH
  • Fremont, OH
  • Independence, OH
  • Mansfield, OH
  • Newark, OH
  • Sheffield Village, OH
  • Toledo, OH
  • Youngstown, OH
  • Zanesville, OH
  • Oklahoma City, OK
  • Tulsa, OK
  • Beaverton, OR
  • Eugene, OR
  • Hillsboro, OR
  • Portland, OR
  • Bethlehem, PA
  • Camp Hill, PA
  • Carlisle, PA
  • Erie, PA
  • Fort Washington, PA
  • Johnstown, PA
  • Lancaster, PA
  • Lemoyne, PA
  • Moosic, PA
  • Philadelphia, PA
  • Pittsburgh, PA
  • Trevose, PA
  • York, PA
  • Caguas, PR
  • Guaynabo, PR
  • Cranston, RI
  • Columbia, SC
  • Florence, SC
  • Greenville, SC
  • Myrtle Beach, SC
  • North Charleston, SC
  • Rock Hill, SC
  • Rapid City, SD
  • Sioux Falls, SD
  • Brentwood, TN
  • Chattanooga, TN
  • Collierville, TN
  • Fayetteville, TN
  • Jackson, TN
  • Johnson City, TN
  • Knoxville, TN
  • Memphis, TN
  • Morristown, TN
  • Nashville, TN
  • Abilene, TX
  • Amarillo, TX
  • Arlington, TX
  • Austin, TX
  • Beaumont, TX
  • Bryan, TX
  • Corpus Christi, TX
  • Dallas, TX
  • El Paso, TX
  • Forney, TX
  • Fort Worth, TX
  • Greenville, TX
  • Houston, TX
  • Irving, TX
  • Laredo, TX
  • Longview, TX
  • Lubbock, TX
  • Mcallen, TX
  • Midland, TX
  • Plano, TX
  • San Antonio, TX
  • Sherman, TX
  • Tyler, TX
  • Logan, UT
  • Provo, UT
  • Roy, UT
  • Salt Lake City, UT
  • St George, UT
  • Bristol, VA
  • Charlottesville, VA
  • Glen Allen, VA
  • Harrisonburg, VA
  • Herndon, VA
  • Lynchburg, VA
  • Newport News, VA
  • Norfolk, VA
  • Roanoke, VA
  • Winchester, VA
  • Rutland, VT
  • South Burlington, VT
  • Bellevue, WA
  • Bellingham, WA
  • Kennewick, WA
  • Olympia, WA
  • Spokane, WA
  • Appleton, WI
  • Eau Claire, WI
  • Green Bay, WI
  • Janesville, WI
  • La Crosse, WI
  • Milwaukee, WI
  • Stevens Point, WI
  • Wausau, WI
  • Dunbar, WV
  • Fairmont, WV
  • Huntington, WV
  • Vienna, WV
  • Casper, WY
  • Belleville, Canada
  • Brampton, Canada
  • Brantford, Canada
  • Calgary, Canada
  • Cambridge, Canada
  • Edmonton, Canada
  • Fort Saskatchewan, Canada
  • Halifax, Canada
  • Ingleside, Canada
  • Kingston, Canada
  • London, Canada
  • Markham, Canada
  • Mississauga, Canada
  • Moncton, Canada
  • Montréal, Canada
  • Oakville, Canada
  • Québec, Canada
  • Regina, Canada
  • Saint John, Canada
  • Saint-Laurent, Canada
  • Sarnia, Canada
  • Saskatoon, Canada
  • Scarborough, Canada
  • St Catharines, Canada
  • Toronto, Canada
  • Vancouver, Canada
  • Victoria, Canada
  • Windsor, Canada
  • Winnipeg, Canada
  • Basingstoke, England
  • Birmingham, England
  • Cheltenham, England
  • Croydon, England
  • Hemel Hempstead, England
  • Kingston-Upon-Thames, England
  • London, England
  • Maidstone, England
  • Manchester, England
  • Newcastle-Upon-Tyne, England
  • North Shields, England
  • Nottingham, England
  • Stockport, England
  • Annecy, France
  • Arras, France
  • Belfort, France
  • Besancon, France
  • Bethune, France
  • Bordeaux, France
  • Cergy, France
  • Chartres, France
  • Courbevoie, France
  • Courcouronnes, France
  • Dijon, France
  • Grenoble, France
  • Issy Les Moulineaux, France
  • Le Creusot, France
  • Les Milles, France
  • Lille, France
  • Limas, France
  • Lyon, France
  • Marseille, France
  • Montigny Le Bretonneux, France
  • Nantes, France
  • Nice, France
  • Noisy Le Grand, France
  • Orleans, France
  • Paris, France
  • Perols, France
  • Poitiers, France
  • Rennes, France
  • Rouen, France
  • St Quentin Fallavier, France
  • Strasbourg, France
  • Tassin La Demi Lune, France
  • Toulouse, France
  • Tourcoing, France
  • Tours, France
  • Valenciennes, France
  • Versailles, France
  • Villepinte, France
  • Berlin, Germany
  • Frankfurt Am Main, Germany
  • Hamburg, Germany
  • Hannover, Germany
  • Köln, Germany
  • München, Germany
  • Rheine, Germany
  • Rostock, Germany
  • Stuttgart, Germany
  • Bassano Del Grappa, Italy
  • Bologna, Italy
  • Cittadella, Italy
  • Ferrara, Italy
  • Genova, Italy
  • Milano, Italy
  • Mirandola, Italy
  • Modena, Italy
  • Montebelluna, Italy
  • Parma, Italy
  • Piacenza, Italy
  • Pisa, Italy
  • Roma, Italy
  • Scandicci, Italy
  • Thiene, Italy
  • Torino, Italy
  • Treviso, Italy
  • Varese, Italy
  • Vicenza, Italy
  • Aguascalientes, Mexico
  • Celaya, Mexico
  • Chihuahua, Mexico
  • Ciudad De Mexico, Mexico
  • Ciudad Juarez, Mexico
  • Irapuato, Mexico
  • Mexicali, Mexico
  • Monterrey, Mexico
  • Queretaro, Mexico
  • Tlalnepantla, Mexico
  • Villahermosa, Mexico
  • Zapopan, Mexico
  • Enniskillen, Northern Ireland
  • Bergen, Norway
  • Greåker, Norway
  • Kristiansand S, Norway
  • Oslo, Norway
  • Stavanger, Norway
  • Trondheim, Norway
  • Alverca Do Ribatejo, Portugal
  • Amadora, Portugal
  • Aveiro, Portugal
  • Braga, Portugal
  • Leiria, Portugal
  • Lisboa, Portugal
  • Maia, Portugal
  • Porto, Portugal
  • Setubal, Portugal
  • Valença, Portugal
  • Vila Nova De Famalicão, Portugal
  • Vila Nova De Gaia, Portugal
  • Novomoskovsk, Russia
  • Glasgow, Scotland
  • Biel-Bienne, Switzerland
  • Genève, Switzerland
  • Monthey, Switzerland
  • Morges, Switzerland
  • St. Gallen, Switzerland
  • Stein, Switzerland
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