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UK – Recruitment sector continues to grow despite staffing challenges

12 September 2016

The fourth annual UK Recruitment Index from Deloitte and the Association of Professional Staffing Companies (APSCo) found that 79% of recruiters saw net fee income (NFI) increase over the last 12 months despite widespread staffing challenges.

The study of 117 companies also indicates that churn among...


UK – Number of workers on zero-hours contracts rises by 21%

12 September 2016

The number of UK workers on zero-hours contracts has risen by 21% compared to the previous year according to figures from the Office of National Statistics and the Labour Force Survey (LFS), a survey of households.

The latest estimate from the LFS shows that 903,000 people reported that they were on a...


Germany – Total employment reaches record levels, temporary worker growth highest since 2011

12 September 2016

Employment figures for the year of 2015 for Germany reached a new record with a total of 43 million new workers and 2.2% of those workers were in temporary employment according to the Federal Employers' Association of Personnel Service Providers (BAP).

BAP states that in the context of strong labor market...


Netherlands – Generation Y workers look for mentors and coaches, not bosses

12 September 2016

Generation Y employees (born between 1980 and 2001) in the Netherlands view the ideal leader as a coach or mentor and dislike the hierarchical bossy type, according to research from Profile Dynamics, a Dutch-based business consulting firm.

The report shows that generation Y’s professionals say that...


Latvia – Registered unemployment rate declines in August

12 September 2016

The level of registered unemployment in Latvia declined by 0.2% to 8.1% in August compared to July, according to figures from the state agency.

The number of registered unemployed people had declined by 1,761 people over the course of the month.

The lowest unemployment level of August was registered in...


World – Korn Ferry reports positive Q1 revenue boosted by Hay Group acquisition

9 September 2016

Executive search firm Korn Ferry International (KFY: NYSE) yesterday reported total revenue for the company’s fiscal first quarter ending 31 July 2016 of USD 392.9 million, an increase of 40.6% compared with USD 279.3 million last year. 

  Q1 FY2017 Q1 FY2016 Change
Total...


UK – SThree issues Q3 trading update, UK business hit by EU Referendum uncertainty

9 September 2016

SThree PLC (STHR: LSE) released a trading update for the Q3 period, reporting continuing “mixed trading conditions.”

Group gross profit ('GP') was down 2% in constant currency, year-on-year (YoY) and ahead by 2% (CC) excluding Energy. Q3 GP was impacted by the ongoing weak activity in the Energy market...


Switzerland – Unemployment rate rises in August

9 September 2016

The seasonally-adjusted unemployment rate in Switzerland increased to 3.4% in August from 3.2% in August 2015 according to data from the State Secretariat for Economic Affairs (SECO).

The unemployment rate increased for the first time in three months and was up from 3.3% in July. Meanwhile, the number...


UK – Number of professional jobseekers and available jobs decline in August

9 September 2016

According to the latest Morgan McKinley London August Employment Monitor, there was a 20% decrease in available jobs and 6% decrease in professionals seeking jobs when compared to the same period last year.

The year-on-year decrease in available jobs and jobseekers mirrors the trend of...


Belgium – Gender pay gap starts early in careers

9 September 2016

In Belgium, women earn on average 22% less than men, according to Belgian HR service provider SD Worx, this pay gap is not only the result of slowly accumulated wage differentials during the career, but has existed from the very beginning of that career.

The study showed that young men at the...