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CDI Corp. - Staffing Services -
Category Directory
1717
Arch Street, 35th Floor
Philadelphia, PA 19103-2768
(215) 569-2200
www.cdicorp.com
Sales
$1.1
billion
Business Description
CDI
Corp. (the “Company” or “CDI”) (NYSE: CDI) is a provider of engineering and
information technology outsourcing solutions, professional services,
specialized staffing and permanent placement services. CDI concentrates on
several vertical markets, including aerospace, government services,
information technology, life sciences, process and industrial and
construction. The Company derives the majority of its revenues from Fortune
1000 companies serviced primarily in the United States. There was no single
customer from whom the Company derived 10% or more of its consolidated
revenues, during 2003, 2002 or 2001. All of the Company’s segments operate
in highly competitive multi-billion dollar markets with no single competitor
being dominant.
Professional Services (“PS”)
Markets
PS offers information technology, engineering and technical staffing
solutions to customers in targeted vertical markets, including:
• Financial services,
• Pharmaceuticals,
• Industrials,
• Information services and
• Government.
The Company’s PS segment also includes AndersElite, a major provider of
building and construction professionals on a permanent and temporary basis
in the United Kingdom. Approximately 66 percent of the segment’s revenue is
derived domestically with the balance coming from foreign operations.
Services
The segment’s service delivery is tailored to the unique needs of the
customer. The most basic service is providing skilled professionals to work
at a single customer location on a temporary or permanent basis. The
segment’s highest value to customers is in the provision of customized
managed staffing solutions, which may include serving as the lead recruiter
among several vendors, the procurement of hundreds of professional employees
across a broad geographic area, the provision of on-site management of
staffing requirements and certain human resources functions and the
utilization of web-based technology to support these functions.
In certain cases, the services of personnel (“supplier associates
employees”) supplied by other staffing companies or contractors (“supplier
associates”) are used to fulfill customer contract requirements. In these
cases, the Company receives an administrative fee for arranging for, billing
for and collecting the billings related to the supplier associates.
Typically, the customer is responsible for assessing the work of the
supplier associates, who have the responsibility for the performance
acceptability of their personnel to the customer.
When providing staffing services the segment recruits and hires employees
and provides these personnel to customers for assignments that domestically,
on average, last approximately one year. The vast majority of these services
are performed in the customers’ facilities (“in-customer”). Customers use
the segment’s employees or supplier associates employees to meet peak period
personnel needs, to fill in for employees who are ill or on vacation, to
provide additional capabilities in times of expansion and change, and to
work on projects requiring specialized skills.
When supplying staffing services the segment provides not only employees but
may also manage all of the customer’s contract staffing needs, as well as
certain human resource functions required to manage the customer’s contract
workforce. When providing managed staffing services, the segment frequently
establishes on-site offices at one or more of the customer’s facilities,
staffs it with employees from the segment and ties that office into the
segment’s business systems. Managed staffing services include the
coordination of supplier associates employees assigned to the customer from
other staffing companies. If desired, managed staff services utilizes
web-based technology to help accelerate and streamline the procurement and
management of contract employees and the coordination and supervision of
supplier associates.
Staffing Companies in the
Directory
Adecco
CDI Corp.
Kelly Services
Manpower
MPS Group
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