World – ManpowerGroup Q2 revenue growth eases to 4.5% in constant currency following slower growth in France

On Friday, ManpowerGroup (NYSE: MAN) announced that revenue rose 4.5% in constant currency in the second quarter, slightly below the group’s guidance range. On a same-day basis, the group’s underlying organic constant currency revenue growth rate was 3%.

Revenue growth was hampered by slower growth...

World – SThree revenue up 14% in constant currency, gross profit rises on strength of European business

International recruitment firm, SThree (STHR: LSE) reported revenue for the half year ending 31 May 2018 of £585.9 million, an increase of 14% in constant currency compared to last year.

The company said it was hit by exceptional strategic restructuring costs of £2.4 million. The restructuring costs...

Europe – Staffline acquires Grafton Recruitment’s Irish business

Staffline, the staffing and employability organisation, announced that it has completed the acquisition of two subsidiaries of Grafton Recruitment Ireland Holdings Limited: Grafton Recruitment Limited (Northern Ireland) and Grafton Recruitment Limited (Republic of Ireland).

Grafton, with headquarters...

UK – Office of Tax Simplification proposes new tax system for gig economy workers

The Office of Tax Simplification last week published a paper on gig economy workers and tax, offering several proposals, in particular that the government should consider whether online platforms could operate a system equivalent to Pay As You Earn, deducting tax from earnings and thereby taking responsibility...

UK – Job vacancies up in Q2 2018 as business remain confident in hiring

Businesses across the UK have remained confident in their hiring efforts over the last 12 months, with job vacancies rising by 11.6% in Q2 2018 when compared to the same period last year, according to the latest job market data from CV-Library.

The data found that businesses have remained resilient in...

Europe – Ringier Axel Springer Media acquires 44% of shares in Polish IT jobs site No Fluff Jobs

Ringier Axel Springer Media AG, a media company, based in Zurich, Switzerland, announced that it has acquired 44% of the shares in No Fluff Jobs, the operator of nofluffjobs.com, a job classifieds platform focusing on the Polish IT job market.

According to Ringier, the platform will enrich the media company’s...

UK – Training and flexible working are key to staff retention, research finds

Aside from staff pay, UK firms are more likely to increase their investment in training, and introduce more flexible working practices, in order to retain staff, according to a survey by the British Chambers of Commerce (BCC) and jobs site Indeed.

The survey of over 1,000 businesses across all sizes and...

UK – CFOs say automation and digitalisation are having a positive impact

CFOs in the UK are reporting that automation and digitalisation are having a significant impact on team dynamics and collaboration, according to a study from Robert Half UK.

The study of CFOs’ views by Robert Half UK found digitalisation and automation are leading to improved collaboration (66%), innovation...

People – Russell Reynolds, Spenglerfox, Erecruit

Russell Reynolds Associates, a global executive search and leadership advisory firm, announced that Paul Ottolini has joined the firm as Chief Financial Officer. As CFO, Ottolini will be responsible for managing the firm's global financial operations, connecting strategy with performance and overseeing...

Germany – Amadeus FiRe H1 revenue growth boosted by permanent placement

Amadeus FiRe (AAD: GR), the German staffing firm, reported revenue for the six months ending 30 June 2018 of €97.8 million, an increase of 10.3% compared with the same period last year.