About Kforce

Kforce Inc., along with its subsidiaries (collectively, ‘Kforce’), operates as a solutions company specializing in technology and finance and accounting professional staffing services. The company’s KNOWLEDGEforce empowers industry-leading companies to achieve their digital transformation goals. The company curates teams of technical experts who build solutions custom-tailored to each client's needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and the company’s multi-industry expertise. The company’s integrated approach is rooted in success deploying highly skilled professionals on a temporary (‘Flex’) and permanent (‘Direct Hire’) basis. Kforce serves clients across a diverse set of industries and organizations of all sizes, but the company places a particular focus on serving Fortune 500 and other large companies. Together, the company delivers Great Results Through Strategic Partnership and Knowledge Sharing. The company acts as a subcontractor to the U.S. federal government and many of its agencies. The company’s Technology and Finance and Accounting (‘FA’) businesses represent its two operating segments. The company’s Technology business comprises 90% of its overall revenues, and the remainder is generated by the company’s FA business. For its Flex services, the company provides its clients with qualified individuals (‘consultants’), or teams of consultants, on a finite basis when the consultant's set of skills and experience is the right match for the company’s clients. For the company’s Direct Hire services, the company identifies qualified individuals (‘candidates’) for permanent placement with the company’s clients. Technology Business The company provides talent solutions to its clients in highly skilled areas, including but not limited to, systems/applications architecture and development (mobility and/or web); data management and analytics; cloud architects and engineers; business and artificial intelligence (‘AI’); machine learning; project and program management; and network architecture and security. The company provides services to clients across virtually every industry with a diversified footprint in, among others, financial and business services, communications, insurance, retail and technology. The company has continued to broaden its service offerings beyond traditional staffing to include managed teams and project solutions. Kforce has been successfully winning more complex engagements due to the strong, long-standing partnerships the company has built with its clients, the company’s capability in identifying quality technology talent, and the company’s reputation for delivering quality services. The company is continuing to further integrate this capability into its Technology business. FA Business The talent solutions the company offers its clients in its FA business include traditional finance and accounting roles, such as: finance, planning and analysis; business intelligence analysis; general accounting; transactional accounting (e.g., payables, billing, cash applications, receivables, etc.); business and cost analysis; and taxation and treasury. The company will continue to support certain clients with whom the company has long-standing relationships and that are strategically important to the company’s overall success by providing consultants in lower skill roles (i.e. loan servicing; customer and call center support; data entry; and other administrative roles). The company provides services to clients in a variety of industries with a diversified footprint in, among others, the financial services, business services, healthcare and manufacturing sectors. Consultants The majority of the company’s consultants are directly employed by Kforce, including domestic workers and foreign workers whose visas are sponsored by Kforce. As the employer of the vast majority of the company’s consultants, Kforce is responsible for the employer’s share of applicable payroll taxes (‘FICA’), federal and state unemployment taxes, workers’ compensation insurance and other direct labor costs. The more significant health, welfare and retirement benefits include comprehensive health insurance, workers’ compensation benefits, and retirement plan options. The company measures the quality of its service to and support of the company’s consultants using staffing industry benchmarks and net promoter score (‘NPS’) surveys conducted by a specialized, independent third-party provider. Additionally, the company continually seeks direct feedback from its consultants to help the company identify opportunities to refine the company’s services. Business Strategies The company’s primary business strategies are driving long-term shareholder value by achieving above-market revenue growth within the domestic technology solutions space, making prudent investments to enhance the company’s efficiency and effectiveness within the company’s consistent operating model, and significantly improving the company’s profitability as the company progresses towards double digit operating margins. The company’s strategic priorities include back-office transformation; integrated strategy; and evolving the company’s nearshore and offshore delivery strategy. The company is incredibly fortunate to be partnering with Workday and Microsoft, two companies at the forefront of investing in AI, which puts the company in an ideal position to take advantage of these technologies as they become available. History Kforce Inc. was founded in 1962. The company was incorporated in 1994.