Kalpana Kalpana (Editor)

ManpowerGroup

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Type
  
Public

Area served
  
Worldwide

Industry
  
Professional services

Key people
  
Jonas Prising (CEO)

ManpowerGroup wwwmanpowerplwpcontentuploads201508manpowe

Traded as
  
NYSE: MAN S&P 400 Component

Number of locations
  
3,900 offices in 80 countries and territories.

Stock price
  
MAN (NYSE) US$ 103.61 +0.49 (+0.48%)17 Mar, 4:02 PM GMT-4 - Disclaimer

Headquarters
  
Milwaukee, Wisconsin, United States

CEO
  
Jonas Prising (1 May 2014–)

Founded
  
1948, Milwaukee, Wisconsin, United States

Subsidiaries
  
Experis, Bankpower A/S, OverDrive, Inc.

Founders
  
Aaron Scheinfeld, Elmer Winter

Profiles

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.

Contents

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:

  • 1956 - offices in Montreal and Toronto, Canada.
  • 1956 - offices in the UK
  • 1957 - offices opened in France
  • 1963 - opened in South America
  • 1964 - presence in Asia
  • 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.

    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 stands at approximately 400,000 companies. 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.

    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), Jefferson Wells (acquired in 2001), and Manpower Professional.

    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.

    References

    ManpowerGroup Wikipedia