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Netherlands – Independent contractors could save money using the right bank account

1 August 2014

Independent contractors, known in the Netherlands as Zzp’ers, are collectively losing as much as €540 million a year, as a result of using unsuitable bank accounts, according to research from Knab, which is part of Aegon Bank.Data from Knab indicates that independent contractors could save money...


Interview: IF Contracting - The contractor management company with big ambitions

1 August 2014

Placing contractors abroad can be incredibly complicated and burdensome for companies, recruitment firms, and for the contractors themselves. There are a myriad of risks associated with ensuring compliance with domestic and foreign legislation, ensuring prompt payment of invoices and wages, and d...


World – Randstad Q2 results reflect improving market conditions

31 July 2014

Randstad (RAND: NA), the second largest staffing firm in the world, reported growth across most of its markets during the second quarter of 2014. While some of the bigger European countries continued to report a decline in revenue, an improved performance was reported in tougher markets like Aust...


UK – Nakama buoyed by Asia-Pacific growth

31 July 2014

Specialist recruitment services provider Nakama Group (NAM: AIM) yesterday reported revenue of £17.5 million for the full year ending 31 March 2014, an increase of +5% compared with £16.7 million last year.Nakama Group reported an operating loss of £76,000 for the year, an improvement against an...


UK – NHS hospital paid £1,800 for agency worker for one day

31 July 2014

NHS hospitals are so short staffed on public holidays they are paying almost £150 an hour for nurses to work, according to Sky News. On the May Day Bank Holiday, on the 5 May this year a locum agency was reportedly paid more than £1,800 to supply a nurse for a 12-hour shift. Another hospital is r...


UK – Government launches consultation into overseas-only job adverts

31 July 2014

Following an announcement earlier this week by Prime Minister David Cameron, the government has launched a consultation on banning overseas-only advertising for jobs. According to the consultation, the current recruitment sector legislation does not regulate where job vacancies are advertised.As...


Europe – Unemployment falls for second consecutive month

31 July 2014

Unemployment across the Eurozone was 11.5% in June 2014, down from 11.6% in May and 12% in June 2013. This marks the lowest level of unemployment since September 2012, according to the latest figures from Eurostat, the statistical body of the European Union.Across the 28 EU Member States, unemplo...


Netherlands – USG People reports positive Q2 growth

30 July 2014

Dutch staffing company USG People (USG: NL) reported revenue of €583.3 million for the second quarter ending 30 June 2014, an increase of +6% compared with €550 million during the same period last year.Gross profit for the period increased by +2% to €118.1 million, up from €115.7 million a year a...


UK – Impellam Group reports growth and acquisition ambitions

30 July 2014

UK recruitment firm Impellam Group (IPEL: LSE) reported revenue for the 26 weeks ending 27 June 2014 of £612.3 million, an increase of +3.5% compared with £591.7 million last year. The company achieved gross profit of £91 million, an increase of +8.6% from £83.8 million last year.Impellam Group a...


France – Sick man of Europe offering hope to recruitment firms

30 July 2014

Despite high unemployment, weak economic growth, and complex labour laws, France is offering an unlikely glimmer of hope to recruitment firms. The Eurozone's second-biggest economy has been a mixed blessing for recruiters in recent years, according to Reuters.French labour laws and work contracts...