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Olsten Staffing Services company history timeline

1950

The Olsten Corporation was founded by William Olsten in 1950.

1957

Olsten began using his Temp-Mobile in 1957 and later replaced it with a radio-equipped van that shuttled temporary workers from suburbia to their assignments in New York City.

1965

In 1965 the company opened its first Canadian office, establishing a branch in Toronto.

1969

Olsten branched out further in 1969, purchasing Rush Laboratories, Inc. through a subsidiary.

1971

The acquisition of the two medical laboratories led to Olsten Corp.’s entry into the market for temporary workers in the health care industry, inaugurated by the creation of Olsten Health Care Services in 1971.

1983

Olsten had not neglected the company’s involvement in health care—opening its first Medicare-certified office in 1983—but Liguori pushed the business headlong into health care, taking the legacy left by Olsten to another level.

1984

By 1984 Olsten’s sales had reached $332 million.

1986

Olsten’s successor was Frank Liguori, a Brooklyn-born butcher’s son who had been president of the company since 1986.

1987

With the opening of offices in Hawaii, Alaska, and Puerto Rico in 1987, the company had offices in all 50 states, the District of Columbia, Puerto Rico, and Canada, ranking it as the third largest temporary staffing firm in the United States.

1989

In 1989 Olsten’s sales reached $800 million and the company boasted 520 offices, placing workers in accounting and legal services, as well as secretarial positions.

In a further attempt to increase billings in this field, Olsten introduced an incentive program for hospital discharge planners in mid-1989, based on the idea of frequent flier programs.

1991

During 1991 Olsten had implemented programs in sales training for staff and had increased self-advertising in an attempt to further secure business.

1993

Earlier in 1993, Lifetime had been trading at roughly $16 per share when another company, Abbey Healthcare, attempted to purchase it for $23.50 per share.

1995

The following year, the company acquired a stake in a Mexican staffing agency, which subsequently was renamed Olsten STAFF S.A. In 1995 the company moved in several directions, acquiring operations in Argentina, Norway, Denmark, and Germany.

1996

Also in 1996, CIGNA selected Olsten Kimberly QualityCare as sole-source provider of home health care services for nearly ten million managed care participants nationwide, the type of full-service partnerships with large clients that Liguori was seeking.

1998

Sales at Olsten Staffing Services increased 20 percent in 1998, rising to $3.55 billion.

2022

"Olsten Corporation ." International Directory of Company Histories. . Encyclopedia.com. (June 21, 2022). https://www.encyclopedia.com/books/politics-and-business-magazines/olsten-corporation-0

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Founded
1950
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Headquarters
Melville, NY
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Olsten Staffing Services competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Staffing Resources1985$15.7M20043
Belflex Staffing Network1958$130.0M3,0001
Westaff1948$49.9M81030
PrideStaff1978$213.7M1,7405
EmployBridge1997$68.0M1,100126
Express Employment Professionals International HQ1983$1.3B13,7569
Snelling1951$34.6M1,200545
The Landrum Company, Inc.1960$68.2M919-
ALTRES1969$14.9M50-
TempStaff1981$470,000940

Olsten Staffing Services history FAQs

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Olsten Staffing Services may also be known as or be related to ADO STAFFING INC, ADO Staffing Inc and Olsten Staffing Services.