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Jeff Joerres, Chairman/CEO Manpowergroup
Manpowergroup
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Jeff Joerres


Chairman/CEO, Manpowergroup


Age:
Years as a CEO:
Tenure: 0
Industry: Business Services



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CEO DOSSIER

A hugely well-respected leader who is unassuming yet educated in his approach, Jeff has presided over recruitment giant ManpowerGroup's vast expansion, which now extends to 3,900 offices across 82 countries and territories around the world.

early years
Jeffrey "Jeff" Arthur Joerres was born in 1960 in Milwaukee, Wissconsin. He attended Marquette University's College of Business Administration where he graduated with a Bachelor's degree in 1983.

He started his career at IBM Corporation where he held various management positions from 1983 to 1987. After leaving the company he joined ARI Network Services where he became Vice President of sales and marketing for six years. 

In 1993 Jeff embarked on his journey with Manpower with his first role being Vice President for the marketing department for two years. He was then promoted to Senior Vice President of Major Account Development until 1998 before performing the same role for European Operations between 1998 and 1999.


As ceo
Shortly after becoming CEO, Jeff oversaw the launch of the Manpower Professional brand in the US and Canada as well as its TechReach initiative.

In 2000 Manpower acquired Elan Group and launched its CSR initiative Working Links. The following year Jeff became Chairman of the Board and under his guidance, Manpower acquired Jefferson Wells International for $174m.

Jeff then spearheaded Manpower's partnership with the US Department of Labour and the number of company offices surpassed 4,000 worldwide.

Towards the end of 2004, Jeff said that the job market was looking "decidedly more optimistic" moving into the new year. However in June 2005, it was revealed that most US companies were only recruiting according to capacity and weren't looking towards future requirements. "This indicates that employers are hiring on an as-needed basis, but are still not ready to staff up until demand for their business truly requires it," said Jeff.

In February 2006, Manpower unveiled a new corporate logo and identify after Jeff revealed that several potential clients were unsure about what the company did. "I am tired of hearing from clients or prospects: 'I had no idea you did that!," said Jeff. "Insiders knew what we were doing, long-time clients knew it, but that's not good enough. We had to refresh ourselves." The same year it was revealed that there was a shortage of professionals, accountants, engineers, IT works, sales and marketing staff and degree-level positions across much of the globe. The talent shortage is here and wage inflation is increasing," asserted Jeff. He also said that Manpower needed to develop new ways to attract and retain talent.

In 2008 it was revealed that an emerging global jobs market was of great concern to almost one-third of 28,000 employers in 27 countries surveyed by Manpower. “Individuals are now increasingly willing and able to find employment far from their homes," revealed Jeff. "More people are living and working away from their home countries than at any other point in history."

During the financial crisis in 2008, Manpower predicted that mass layoffs in western economies were a distinct possibility with Jeff adding that businesses would be pro-active in their approach to job cuts. “They feel as though: ‘I may not have been hit by this downturn yet but I’m going to be and I need to be fiscally responsible.’ That’s really putting tremendous pressure on the labour market,” said Jeff.

In May 2009, employers once again reported problems with recruiting the right people to fill vacant jobs. Of the 39,000 employers in 33 countries surveyed by Manpower, 30% said that there was a 'mismatch' between individuals skills and recruiters' needs. "It's the specificity of skills required in the individuals that employers are now seeking that is creating a sense of talent shortage amid an overabundant pool of available workers," Jeff asserted. "This conundrum is frustrating both employers and individuals." 

The following year, Jeff delivered a keynote address at the American Staffing Association's Staff World 2010 in which he commented how recruitment agencies and Manpower would influence the on-going financial recovery. "Our industry has a pivotal role to play as the global economy gathers pace because, as employers continue to hesitate to commit to permanent hires and talent mismatches become more acute, they will look increasingly to the full range of solutions that staff companies offer." On a personal level, Jeff was named Most Respected CEO by CEO Magazine, He was also given the Most Powerful Person in staffing accolade by Staffing Industry Review magazine. In addition, he was named the top performing sell-side CEO in the business, education and professional sector by Institutional Investor magazine.

In a rebrand, Manpower changed its name to ManpowerGroup and renamed its professional staffing segment to Experis in 2011. "It's very rewarding to see an organisation continually embrace the re-invention of itself," said Jeff. "It becomes part of the culture." Jeff also received yet more recognition for his work at Manpower after receiving the inaugural CR Magazine Lifetimes Achievement Award in September for the significant accomplishments made throughout his career in corporate social responsibility.

In 2012 Jeff commented on the challenging economic climate once more, however rather than focusing on the state of recruiters, he turned his attention to ManpowerGroup. "We are acting on the premise that we are entering a prolonged period of soft economic conditions, and as a result we will need to take appropriate adjustments on our expenses and continue to drive more efficient ways to deliver the core parts of our service."

Away from work
Jeff is married to Sarah Geenen and has four children. He is a keen golfer and in 2006 Golf Digest said he had a handicap of 12. Jeff is also one of the few CEOs currently on Twitter. He uses his @manpowergroupjj regularly.


In own words
On politics:
"There is this difficulty of politicians needing to do what they need to do on a nationalistic level. But the world is moving at a whole different pace. The world is global but the politician is local. And it's going to create some real stress."

On temporary employment:
"One client said to me: 'I get it: you bring 'em in and you take 'em out!' But that's far too cruel."

Leadership and philosophy
Jeff is regarded as a modest and incredibly well informed leader who has even advised domestic and foreign governments on how to improve their respective labour markets. He has instilled a “built to last” philosophy during his time at ManpowerGroup.

With a vast network spanning the world, Jeff spend a lot of time travelling but reveals:
"I have no problem with taking an overnight flight, getting to the airport at six, doing the meeting at nine, and leaving at two o'clock. Pack it all in there, and I'm back in the office the next day."

However he goes on to say that he prefers a decentralised approach to leadership, utilising local managers with territorial expertise to run businesses on the ground, rather than employ industry experts:
"It has been frustrating at times because what you can't do is snap your fingers and have it done," he says. “But the latest results suggest that even if the strategy takes a little longer, the outcome is worth waiting for.”

Our Three Questions
1. Do you think employers need to be speculative in their hiring approach during the economic downturn?
2. Are emerging markets becoming more appealing to skilled workers looking for work?
3. With 3,900 offices in 82 countries and territories worldwide, where can ManpowerGroup expand to next?

Colleagues, Friends & Analysts' report
A colleague at ManpowerGroup:
"Jeff's leadership style is rooted in role modelling. He conducts himself the way he expects his employees to behave - as true ambassadors for the Manpower group of companies with a passion for people and the role of work in their lives. He is relentless in his pursuit of the company's goals - providing our clients with the best possible talent - but knows how to balance cost reduction with investment. Jeff has motivated the whole organisation to get behind what we are trying to achieve."

Date Written
07-05-2013
Sources
The Financial Times
Boardroom Insiders
ManpowerGroup
Reuters
The Financial Times
Boardroom Insiders
ManpowerGroup
Reuters
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Latest News
Why raises for lowest-paid workers could lead to interest rate hikes
ManpowerGroup has started to see "some wage inflation" with broader demand for workers across industries. "The hot skills are getting good wage increases and they have been for some time," said Jeffrey Joerres, executive chairman of Milwaukee-based ... read more...
2015-07-03 06:27:49
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Low-paid workers see wages rise 3.2%
ManpowerGroup Inc. has started to see "some wage inflation" with broader demand for workers across industries. "The hot skills are getting good wage increases, and they have been for some time," said Jeffrey Joerres, executive chairman of Milwaukee-based ... read more...
2015-07-02 04:41:37
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Lowest-Paid Americans Lead Wage Gains as Job Market Tightens
ManpowerGroup Inc. has started to see “some wage inflation” with broader demand for workers across industries. “The hot skills are getting good wage increases and they have been for some time,” said Jeffrey Joerres, executive chairman of Milwaukee ... read more...
2015-07-01 04:57:07
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Tale of Two Job Markets Makes Fed's Liftoff Timing a Tough Call
Jeffrey Joerres, executive chairman of Milwaukee-based ManpowerGroup Inc., seconded that notion. “There are a lot of people on the bench waiting to see if it’s appealing enough to come back into the market,” he said. “That has to do with what kind ... read more...
2015-06-15 14:41:36
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Tale of Two Job Markets Makes Fed’s Liftoff Timing a Tough Call
Jeffrey Joerres, executive chairman of Milwaukee-based ManpowerGroup Inc., seconded that notion. “There are a lot of people on the bench waiting to see if it’s appealing enough to come back into the market,” he said. “That has to do with what kind ... read more...
2015-06-15 08:22:13
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Temporary jobs becoming a permanent fixture in US as more employers seek ‘just-in-time’ labor
They also argue that temp work can provide valuable experience. “It opens more doors for people to enter the labor market,” says Jeff Joerres, CEO of ManpowerGroup, a workplace staffing firm. But Houseman’s research has found that even when jobs are ... read more...
2015-05-01 00:54:30
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Herbert Kohler Jr. stepping down as CEO of Kohler Co.
The generation-to-generation handoff of one of the state's largest and best-known companies is "a true Wisconsin story," said Jeff Joerres, executive chairman of ManpowerGroup Inc. and a member of the Kohler Co. board of directors. In a statement ... read more...
2015-04-29 00:56:52
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Bradley Center board updates conflicts policy after electing Kellner chairman
Scott Walker in 2010. At least as far as the Bucks are concerned, the new policy also affects new board member Jeff Joerres, executive chairman of ManpowerGroup and a Bucks minority owner. Don Walker is on a fellowship established through Marquette ... read more...
2015-04-21 00:59:12
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Jeffrey A. Joerres
Mr. Jeffrey A. Joerres, also known as Jeff served as the Chief Executive Officer of Manpowergroup Inc. (alternate name Manpower, Inc.), parent company of Experis US, Inc.; Manpower Services (Australia) Pty. Ltd. and Manpower France SAS from April 1999 to ... read more...
2015-03-12 23:55:21
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ManpowerGroup French unit adds technology services business
Southern Europe is ManpowerGroup's largest market, and the company is one of the top three in providing staffing, consulting and technology services. Jeff Joerres, executive chairman and former CEO of ManpowerGroup, said the business segments of Atos ... read more...
2015-02-24 10:45:26
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ManpowerGroup French unit adds technology services business
Southern Europe is ManpowerGroup's largest market, and the company is one of the top three in providing staffing, consulting and technology services. Jeff Joerres, executive chairman and former CEO of ManpowerGroup, said the business segments of Atos ... read more...
2015-02-24 10:45:26
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UPDATE Milwaukee council approves $124 million streetcar
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 17:07:07
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Milwaukee Business Leaders Supporting Streetcar Proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 13:18:03
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Milwaukee business leaders supporting streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 12:27:56
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Milwaukee business leaders supporting streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 12:20:47
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Businesses support Milwaukee streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 07:12:59
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Businesses support Milwaukee streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 07:12:59
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Businesses support Milwaukee streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 07:12:59
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Milwaukee business leaders supporting streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 05:04:08
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Milwaukee business leaders supporting streetcar proposal
Jeff Joerres, executive chairman of ManpowerGroup, told the crowd he and his fellow business leaders support the project because the streetcar will make new developments easier to access and help stimulate the next wave of economic development and job ... read more...
2015-02-10 05:04:08
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Showing support ahead of the vote Business leaders urge Common Council to move streetcar forward
The streetcar will connect the dots between these major new developments and provide the momentum to spark the next wave of economic development and job creation,” Jeff Joerres, Executive Chairman of ManpowerGroup said. Joerres is part of a broad ... read more...
2015-02-09 23:13:22
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Streetcar supporters make final push
At a news conference this morning, ManpowerGroup executive chairman Jeff Joerres, Marcus Corp. president and CEO Greg Marcus, Hispanic Chamber of Commerce of Wisconsin president and CEO Jorge Franco, Gonzalez Saggio & Harlan partner Greg Wesley and Stark ... read more...
2015-02-09 18:48:31
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Streetcar supporters make final push
At a news conference this morning, ManpowerGroup executive chairman Jeff Joerres, Marcus Corp. president and CEO Greg Marcus, Hispanic Chamber of Commerce of Wisconsin president and CEO Jorge Franco, Gonzalez Saggio & Harlan partner Greg Wesley and Stark ... read more...
2015-02-09 17:08:18
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Joerres, Marcus reinforce business support for streetcar before Tuesday vote
ManpowerGroup executive chairman Jeff Joerres and others said the streetcar would help attract more young workers to the city. ManpowerGroup hosted the event at its downtown headquarters built in 2007 to replace its home office in Glendale. "The vitality ... read more...
2015-02-09 11:46:11
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Streetcar supporters make final push
At a news conference this morning, ManpowerGroup executive chairman Jeff Joerres, Marcus Corp. president and CEO Greg Marcus, Hispanic Chamber of Commerce of Wisconsin president and CEO Jorge Franco, Gonzalez Saggio & Harlan partner Greg Wesley and Stark ... read more...
2015-02-08 23:57:30
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Financials
Business summary
Employees: 28,000

ManpowerGroup Inc. provides workforce solutions and services. The company offers permanent, temporary, and contract recruitment services; assessment and selection services; training and development services; outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives; and workforce consulting services. It also provides professional resourcing and project-based workforce solutions in the information technology, finance, and engineering fields; talent and career management workforce solutions; and talent based outsourcing services, managed services, recruitment process outsourcing services, borderless talent solutions, and strategic workforce consulting services. The company provides its services through a network of approximately 3,500 offices in 80 countries across various industry sectors, and small and medium-sized enterprises, as well as local, multinational, and global companies. It operates in the Americas, northern Europe, southern Europe, and the Asia Pacific Middle East region. The company was formerly known as Manpower Inc. and changed its name to ManpowerGroup Inc. in March 2011. ManpowerGroup Inc. was founded in 1948 and is headquartered in Milwaukee, Wisconsin.

Data supplied by Yahoo! Finance.
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