Switzerland – Michael Page Swiss Job Index records increase in job ads for August

The number of jobs advertised throughout Switzerland, between July and August 2018, increased by 3.8% across Switzerland, according to the Michael Page Swiss Job Index.

This is the highest growth rate for this period since the Index began in 2012.

The German-speaking region accounted for 9 out of...

Israel – Fiverr seeks IPO at $1 billion valuation (The Times of Israel)

Online staffing provider Fiverr is reportedly seeking an IPO at a $1 billion valuation, according to The Times of Israel. Company representatives have been meeting with potential Wall Street underwriters and are targeting the beginning of next year for a share offering on Nasdaq...

Ireland – National Recruitment Federation calls for income tax cuts (The Irish Times)

In its pre-budget submission, the National Recruitment Federation (NRF), representative body for the recruitment industry in Ireland, called for an increase in the entry point into the higher tax bracket and reducing the rates of the Universal Social Charge (USC), reports The Irish Times. Specifically,...

South Africa – AdvTech revenue rises 14%, Schools and Tertiary segments boost growth

South African recruitment firm AdvTech (ADH: SJ) reported revenue today for the six months ended 30 June 2018 of ZAR 2.26 billion (USD 159.7 million), an increase of 14% compared to last year.

Trading results for the six months to 30 June 2018 were as follows.

Netherlands – DPA Group revenue and profits increase in H1 2018

DPA Group (DPA: NL), the Dutch staffing firm, reported revenue for the first half of the year of €78.5 million, an increase of 21.7% compared with the previous year.

Sweden – Wise Group Q2 revenue and profits up, Swedish and Finnish operations lead growth

Wise Group (WISE:SS), the Swedish staffing firm reported revenue on Friday for the second quarter ending 30 June 2018 of SEK 240.4 million (€22.5 million), an increase of 14.3% compared with the same quarter last year.  

For comparison, sales of SEK 7.6 million (€0.7 million) have been eliminated...

Europe – Alma Media to shut down recruitment services in Poland and Hungary

Finland-based media company Alma Media, which operates a number of recruitment services sites, announced that its subsidiary Alma Career Oy, a joint venture of Alma Media and Monster Worldwide Inc., is closing down and discontinuing the operations of recruitment services Monsterpolska.pl in Poland and...

Sweden – NetJobs Q2 revenue declines while profits continue to slide

Swedish job board NetJobs (NJOB: STO) reported revenue for the second quarter ending 30 June 2018 of SEK 9.2 million (€0.8 million), a decrease of 7% compared with the same period last year.

UK – Government publishes official guidance on engaging with umbrella companies

The HMRC published an official guidance yesterday on engaging with umbrella companies in the UK.

The guidance provides advice and spotlights umbrella companies that effectively operate tax avoidance schemes.

“Most employment agencies and umbrella companies operate within the tax rules. However, some...

Ireland – Job postings grow at highest annual rate since 2014, according to Cpl Resources

In the second quarter of 2018, there were 14% more job listings than in the same period a year previously, according to the Cpl Employment Market Monitor 2018 Q2.

This is the second quarter in a row with year-on-year growth, following three quarters of declines, and the rate of growth is the strongest...