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UK – Low pay commission recommends 3% increase in minimum wage

24 February 2015

The UK’s Low Pay Commission (LPC) has recommended that the government increase the national minimum wage (NMW) by 3% to £6.70, up from £6.50 at present. With inflation now forecast at 0.5%, the LPC’s recommendation, if accepted by the government, would be the largest real-terms increase in the NM...


Switzerland – Exodus of pharmaceutical professionals as costs rise

24 February 2015

Pharmaceutical professionals are more likely to find their next career opportunity in Ireland, the Czech Republic, or in Eastern Europe, rather than in Switzerland, according to NonStop Recruitment.Research by the pharmaceutical and medical devices recruitment specialists found that many firms ha...


Europe – Significant gains in European markets boost Egon Zehnder’s results

23 February 2015

US-headquartered executive search and talent management firm Egon Zehnder reported revenue growth of 9.8% to €517.2 million in 2014, compared with last year.The company’s performance was driven in part by the mature markets across Europe, namely the UK, Germany, France, Italy, Spain, and the Nord...


France – ManpowerGroup acquires IT help desk as recruiter looks to diversify

23 February 2015

Digital services company Proservia, a subsidiary of ManpowerGroup France, last week announced the acquisition of the French IT help desk business of global IT services company ATOS. The move was made despite strong opposition from the company’s trade unions, reports lemagit.fr.  As part...


Italy – Key parts of labour market reform approved by cabinet

23 February 2015

Italian Prime Minister Matteo Renzi made important progress with his reform agenda on Friday when his cabinet gave final approval to key parts of his overhaul of the labour market, which will now take immediate effect, reports Reuters.After a four hour meeting, the cabinet approved the legislativ...


UK – de Poel’s Tempo ceases trading, REC unsurprised

23 February 2015

It has been announced that Tempo, a subsidiary of non-permanent staffing solutions provider de Poel, ceased trading in December 2014. Tempo was an alliance of recruitment agencies and hirers, founded with the intention of raising standards in the UK’s temporary recruitment industry.Joe Tully, Man...


Sweden – Record Q4 for Wise Group

20 February 2015

Swedish staffing company Wise Group (WISE: SS) reported revenue for the fourth quarter ending 31 December 2014 of SEK 163.8 million (€17.2 million), an increase of 22.5% compared with SEK 133.7 million (€14.0 million) during the same period last year.The company’s operating profit was impacted by...


Sweden – Tough Q4 tempers SJR’s full year results

20 February 2015

Earlier this week Swedish staffing company SJR in Scandinavia (SJRB: SS) reported revenue for the fourth quarter ending 31 December 2014 of SEK 79.0 million (€8.3 million), an increase of 12.4% compared with SEK 70.3 million (€7.4 million) during the same period last year.Operating profit for the...


Sweden – Closure of loss making businesses improves NetJobs’ Q4

20 February 2015

Swedish job board NetJobs (NJOB: STO) reported revenue of SEK 11.4 million (€1.2 million) for the fourth quarter ending 31 December 2014, an increase of 31% from SEK 8.7 million (€910,910) during the same period last year.    Q4 2014 Q4 2013 Change Revenue SEK 11.4...


Europe – Strong Italian and Dutch markets boosting temporary staffing growth

20 February 2015

The number of hours worked by agency workers increased by 2.7% across Europe during December 2014, compared with the same month last year, according to Eurociett, the European Confederation of Private Employment Agencies.The latest growth marks a slight resurgence in agency work levels, after the...