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Sweden – Dedicare Q2 revenue and profits down as Swedish business struggles

17 July 2019

Dedicare (DEDI: SS), a Swedish staffing firm, reported revenue for the second quarter ending 30 June 2019 of SEK 195.5 million (€18.5 million), a fall of 4.4% compared with the same period last year.

(SEK millions) Q2 2019 Q2 2018 Change Q2 2019 (€ millions)
Revenue 195.5 ...


UK – New labour market body to enforce minimum wage and holiday payments

17 July 2019

The government announced proposals yesterday to create a single labour market enforcement body, which will have the powers to enforce minimum wage and holiday payments.

The proposal, announced by Business Secretary Greg Clark, were part of the government’s latest measures to advance its ‘Good work...


Belgium – SD Worx increases stake in GlobePayroll to over 50%

17 July 2019

Belgian HR service provider SD Worx announced that it increased its stake in French SaaS (Software as a service) payroll solution firm GlobePayroll from 40% to 50.01%.

SD Worx first announced that it invested in GlobePayroll last year.

GlobePayroll was established at the end of 2015. The company claims...


Czech Republic – Number of recruitment firms and foreign agency workers on the rise

17 July 2019

The number of recruitment agencies in Czech Republic increased by 8.4% in 2018 when compared to the previous year, according to data from the Labour and Social Affairs Ministry.

At the same time, Ministry figures showed the number of foreign agency workers assigned to firms increased by 14.1%.

The data...


World – Hays Q4 net fees flat amid mixed market conditions in UK and Australia

16 July 2019

Hays (HAS: LSE), today reported flat net fees for the fourth quarter ended 30 June 2019 both on a headline and like-for-like basis, compared with the same period last year.

The company reported a decline on a like-for-like basis in its Australia and New Zealand markets as well as in the UK & Ireland....


Europe — Gi Group acquires German staffing firm OnTime Group

16 July 2019

Gi Group, the fourth-largest staffing firm in Italy, announced that it has acquired OnTime Group.

Financial details of the transaction were not disclosed.

Founded in 2003, OnTime Group operates in the temporary and permanent staffing sector and in the national and international mobility sector (via the...


UK — Number of temporary employees down, unemployment lowest since 1974

16 July 2019

The number of temporary employees in the UK fell by 5.7% on a seasonally adjusted basis to a total of approximately 1.46 million for the three-month period from March through May 2019 when compared to the same period a year ago, according to the Office for National Statistics.

Temporary workers are self-identified...


UK – Reed Chairman says UK is ‘heading for a recession’ as job ads fall 2.3% in Q2

16 July 2019

Chairman of Reed Recruitment issued the UK’s next Prime Minister a warning that the UK’s job market was heading for a recession, citing data from reed.co.uk's Job Index.

The data reveals a slowdown in the UK labour market as political and economic uncertainty continues on. The number of advertised...


Hungary — More Hungarians with disabilities entering labour market, finds Trenkwalder (Hungary Today)

16 July 2019

The employment rate among Hungarians with disabilities has reached 35%, nearly double the 18% rate in 2011, reports Hungary Today citing estimates from Trenkwalder. The staffing firm said the rate has been lifted by measures to help place people with disabilities in jobs as well as the labour shortage,...


UK – Hydrogen Group trading update: performance in line with expectations, net fee income up

15 July 2019

UK recruitment firm Hydrogen Group provided a trading update for the six months ended 30 June 2019. Net fee income for the period totalled more than £15 million, an increase compared to last year’s reported approximately £14.5 million net fee income.

The group said it has continued to trade in line...