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HRC Grupa Q4 revenue and profits fall

23 February 2024

Grupa HRC (HRC:WSE), a staffing firm based in Poland, reported revenue on 14 February for the fourth quarter ended 31 December 2023 of PLN 95,024 (€22,022), down 75% from Q4 2022.

(PLN) Q4 2023 FY 2022 Change FY 2023 (€)
Revenue 95,024 384,961 -75.3% 22,022 ...


Temporary workers must be equally compensated for workplace accidents as permanent employees

23 February 2024

The Court of Justice of the European Union has ruled yesterday that workers hired through a Temporary Employment Agency have the right to compensation for a work-related accident that causes permanent disability equal to that provided for employees hired directly by the company, reports Forbes Spain....


HMRC accused of controversial tactics in Loan Charge

23 February 2024

The HMRC have been accused of pursuing individuals involved in loan schemes prior to 2010 through controversial tactics, reports Sky News. The publication said HMRC has been using an ‘s684 notice’. This effectively gives HMRC the discretion to transfer a tax burden from an employer to an employee...


Hays restructures as net fees and turnover down in challenging market

22 February 2024

International recruitment firm Hays (LON: HAS) reported net fees today of £583.3 million for the six months ended 31 December 2023, a 9% decrease on a like-for-like basis compared to the previous year. The company has a number of restructuring initiatives underway to improve performance in key markets....


Fiverr Q4 revenue ticks up 10.1% as profits grow

22 February 2024

Talent platform Fiverr International Ltd., headquartered in Israel, reported revenue in the fourth quarter of 2023 stood at $91.5 million, compared to $83.1 million in the fourth quarter of 2022, an increase of 10.1% year over year.

(USD thousands) Q4 2023 Q4 202 Change
Revenue 91,502 ...


Wise Group Q4 revenue slides 21% as it reports losses

22 February 2024

Wise Group (WISE:SS), the Swedish staffing firm, reported revenue today of SEK 195.9 million (€17.5 million) for the fourth quarter ended 31 December 2023, a fall of 20.9% over the previous year.

EBITDA amounted to a loss of SEK 5.7 million (€0.5 million) and the EBITDA margin amounted to -2.9%. During...


City of York Trading buys Williams and Anthony

22 February 2024

City of York Trading Ltd, a council-owned recruitment firm, announced the acquisition of boutique recruitment firm Williams and Anthony, a Yorkshire-based recruitment firm.

Financial details were not disclosed.

City of York Limited is a trading company owned by the City of York Council. It was established...


OECD GDP growth up 0.4% in Q4, FY 2023 growth up 1.6%

22 February 2024

Gross domestic product in the OECD countries (Organisation for Economic Co-operation and Development) rose by 0.4% in the fourth quarter of 2023 when compared to the previous quarter, according to provisional estimates.

Quarterly OECD GDP growth rates have remained weak over the past two years.

Across...


Staffline, Randstad and other staffing firms slammed for minimum wage breaches

21 February 2024

Recruitment firm Staffline Recruitment has topped the latest list of 524 UK businesses that have been named and shamed for failing to pay the minimum wage.

The businesses named in the latest list have since paid back what they owe to their staff and have also faced financial penalties of up to 200% of...


Dutch temporary staffing hours down 8% while turnover steady

21 February 2024

The temporary employment sector in the Netherlands saw a decline in hours while turnover remained the same during the first period of 2024 (week 1 – 4, starting 1 January), according to the Dutch Federation of Private Employment Agencies (ABU).

In period 1, the number of hours decreased by 8% and turnover...