Sweden – Poolia buys 51% stake in Student Node

Swedish staffing firm Poolia announced that it has acquired a 51% stake in Student Node AB, a company based in Sweden that organises events for students at universities and colleges.

The initial purchase price is SEK 0.3 million (€28,860). In total, Poolia stated that a maximum of SEK 4 million (€0.3...

UK – Impact Recruitment undergoes share buyout

Northampton-based recruitment firm Impact Recruitment announced that its founding director Paul Hooper has become the sole shareholder of the company after acquiring his fellow founding partner Neil Kitchener’s shareholding in the business.

No specific financial details were disclosed however it was...

UK – National Living Wage rises 4.9% from today

The UK National Living Wage will go up today by the highest rate since it was first introduced, increasing by 4.9% to £8.21 per hour. The National Living Wage is the minimum pay per hour most workers aged 25 and over are entitled to by law.

According to the UK government, 1.8 million workers earning...

UK – Nakama Group appoints new CEO

UK-based specialist recruiter Nakama Group (NAM: AIM) announced that it has appointed Robert Thesiger as CEO.

Thesiger will join the Board of Nakama on 1 April 2019. He has worked in the recruitment sector for more than 25 years and was most recently founder and CEO of UK-based FISER Group and also held...

Europe – Gig economy firm Studitemps wins Dragon’s Den-style competition

Four gig economy tech firms competed Thursday in a Dragon’s Den-style competition at SIA’s second annual Collaboration in the Gig Economy conference in London.

This year’s winner, Studitemps, is a temporary employment provider headquartered in Germany that focuses on students and graduates. It was...

World – World Employment Confederation estimates global employment industry revenue rose 13%

The World Employment Confederation — which represents the staffing industry on a global level — in a report released yesterday estimated revenue for the global employment industry revenue rose 13% in 2017 to €457 billion (US$547 billion).

The World Employment Confederation figure exceeds Staffing...

Estonia – Average time spent working for one employer on the decline (Baltic Times)

The average period that Estonian residents spend in the employment of one employer has declined to three years and four months, compared with four years and six months five years ago, reports the Baltic Times, citing survey data from recruitment firm Brandem. At the same time, the annual turnover of...

Netherlands – DPA Group Q4 revenue boosted by focus on core activities

Dutch staffing firm DPA Group (DPA: NL) reported revenue for the fourth quarter ended 31 December 2018 of €41.2 million, an increase of 6.7% compared with the previous year. On an organic basis, revenue was up 13.0% over the previous year.

Sweden – MoxieTech revenue dips in the third quarter as it slides into loss

Swedish HR and recruitment firm MoxieTech Group AB reported revenue today for the third quarter period ended January 2019. Revenue amounted to SEK 63.2 million (€6.0 million), a decrease of 2.1% when compared to the previous year.

World – UK, France and Australia see slight reduction in gender pay gap: Glassdoor

According to the latest data from Glassdoor, the gender pay gap has narrowed slightly in the UK, US, France and Australia, showing improvement since Glassdoor's study in 2016.

Glassdoor’s latest report focuses on the state of the gender pay gap in the UK, US, France, Germany,...