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World – Korn Ferry rises on growth in Futurestep, EMEA fee revenue up 3%

22 June 2017

Korn Ferry International Inc. (NYSE: KFY) reported total fee revenue rose 1.5%, or 3.2% on a constant currency basis, in its fiscal fourth quarter ended 30 April. The increase was driven by organic growth at its Futurestep division — which includes recruitment process outsourcing, project-based recruitment...


UK – Prime People full year revenue up 17%

22 June 2017

UK-based recruiter Prime People (PRP: AIM) reported revenue for the year ended 31 March 2017 of £24.21 million, up 16.6% from the previous year. The group also reported net fee income of £13.10 million, an increase of 6.7% compared with the same period last year.

(£ millions) FY 2017 FY 2016 ...


Switzerland – Continued growth in advertised jobs in June

22 June 2017

The Michael Page Swiss Job Index recorded an increase in the number of jobs advertised throughout Switzerland in June by 14.2% when compared to the previous year and 1.2% between May and June 2017.

The Index, which measures the number of advertised vacancies on company sites across Switzerland, showed...


EU – Job vacancy rate up in first quarter

22 June 2017

The job vacancy rate in the euro area (EA19) was 1.9% in the first quarter of 2017, up from 1.7% recorded in both the first quarter of 2016 and Q4 2016, according to figures published by Eurostat, the statistical office of the European Union.

In the EU28, the job vacancy rate was also 1.9% in the first...


UK – Hiring mistakes lead to wasteful spending for UK businesses

22 June 2017

UK businesses are making bad hires for two out of five roles, leading to wasteful spending according to a new report from the Recruitment & Employment Confederation in association with Indeed.

The report shows that 85% of HR decision-makers admit their organisation has made a bad hire, and 33% believe...


UK – Nakama posts trading update, expects revenue to lift for the full year

21 June 2017

Specialist recruitment services provider Nakama Group (NAK: AIM) provided a trading update for the year ending 31 March 2017.

The Board of Directors expect revenue to be in the region of £22.5 million, an increase from £21.0 million last year. The Directors also expect a similar increase in Net Fee...


UK – Employer confidence yet to fully recover following Brexit results

21 June 2017

Employer confidence in the economy has stabilised in the three months to May after a fall following the EU referendum result a year ago, but it has yet to recover to its pre-Brexit levels, according to the latest JobsOutlook survey by the Recruitment & Employment Confederation.

The survey...


Germany – Increasing number of refugees enter labour market through temporary agencies

21 June 2017

Refugees in Germany are most likely to find their way into the labour market via temporary work, according to data from the Institute for Employment Research (IAB).

The data shows that, in the fourth quarter of 2016, one in four temporary employment agencies had experience with refugees (job applications...


UK – Apprenticeship Levy could benefit disabled talent

21 June 2017

The introduction of the UK's Apprenticeship Levy offers employers an opportunity to improve disabled talent pipelines, according to the Recruitment Industry Disability Initiative.

In a recent round table hosted by RIDI, attendees identified a number of barriers to engagement for disabled talent....


UK – Kellan Group revenue down 12%

20 June 2017

UK-based staffing firm Kellan Group PLC (KLN:LSE) reported revenue today for the year ending 31 December 2016 of £21.9 million, a decrease of 11.8% compared with £24.9 million for the same period last year.

(£ millions) FY 2016 FY 2015 Change
Revenue 21.9 24.9 -11.8% ...