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Europe — Moody’s cuts Manpower’s debt rating due to fall in European Revenues
14 August 2009Moody’s Investors Services, the US credit rating agency, has downgraded Manpower’s (MAN:NYQ) debt rating to the brink of junk saying the staffing company’s profits will continue to weaken this year and will not return to pre-recession levels in the next two years, the Wall Street...
Switzerland — Economic crisis creates boom for interim managers
14 August 2009The economic crisis has created an environment of total change and
re-structuring in the Swiss marketplace. "Many companies find it difficult to make long term HR decisions due to the uncertainties of market development and future outlook for the economy. The only thing that is certain is that something...
Exclusive Offer for Western Europe Research Subscribers: VMS/MSP Competitive Landscape Report
14 August 2009As a special offer, Western European Corporate Members will be receiving Staffing Industry Analysts 2009 VMS/MSP Competitive Landscape Report. This is our third annual report on the state of play in the Vendor Management System / Managed Service Programme market — and our most comprehensive to date....
UK — Credit crunch teachers bring new skills and experience into the classroom
13 August 2009A recent survey by Hays Education, the specialist staffing agency owned by Hays plc, shows that more than a fifth of teachers believe the increase in teaching applications caused by the so-called "credit crunch teachers"; bringing new skills and experiences with them, is positive.
The government has...
UK — Government crackdown on false self-employment
13 August 2009The government is currently consulting on new legislation to tackle ‘false self-employment’, following measures announced in this year’s Budget by Chancellor Alistair Darling according to Danbro, the specialist accountancy firm for contract and freelance workers.
The consultation...
The Netherlands — Specialist temporary employment agencies have weathered the storm well so far
13 August 2009“Whilst large generalist recruitment agencies have suffered terribly during the current economic crisis, specialist temporary employment agencies have somehow been protected and are still thriving despite the new market conditions� says Linda Nuamah, Recruitment Manager at Rotterdam-based...
Research from Staffing Industry Analysts
13 August 2009France — Temporary employment falls only slightly in June
13 August 2009According to the latest figures published by the official French government employment agency ‘Pole Emploi’. Temporary employment suffered a mild fall of 1% in June 2009 when compared to the previous month.
Temporary employment was down by 4,800 jobs, which demonstrates that the drastic...
UK — Air Energi management buyout backed by private equity firm
12 August 2009Air Energi, the Manchester-based contract, project and staff hire engineers Human Resources agency, has just been bought out by its top management backed by private equity firm Zeus, Manchester Evening News reports.
Air Energi has more than a 120 staff and places around 1,000 contractors with global...
Germany — Black sheep and misunderstandings give temporary employment a bad name
12 August 2009In an open discussion organised by the Christian Democratic Employees Organisation (CDA) it was noted that temporary employment needs a better image in Germany. Bern Bajohr of German Trade Union Verdi said: "Temporary employment has fundamentally correct answers to the challenges of a modern employment...