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World – Acceleration of permanent net fee income boosts Hays’ Q2

8 January 2015

International staffing firm Hays (HAS: LSE) reported net fee income growth of +11% on a like-for-like (LFL) basis during the second quarter ending 31 December 2014, compared with the same quarter last year.Net fees from temporary recruitment, which accounted for 58% of Group net fee income, incre...


UK – InterQuest releases positive full-year trading update

8 January 2015

Specialist IT staffing firm InterQuest Group (ITQ: LSE) today announced that net fee income for the year ending 31 December 2014 is expected to be £23.3 million, an increase of +34% compared with last year.Full-year adjusted EBITA is expected to be slightly ahead of expectations at £4.9 million,...


UK – TUC’s call to improve minimum wage criticised for tarring all umbrella organisations with the same brush

8 January 2015

Enforcement of the national minimum wage must be continuously improved in order to combat those employers who are actively trying to find ways not to pay their workers properly, according to a new report published today by the Trade Union Congress (TUC).Entitled “Enforcing the National Minimum Wa...


Germany – IQNavigator continues European expansion

8 January 2015

IQNavigator, a US-based provider of non-employee workforce management solutions, is expanding its presence in Europe with the formation of a dedicated team in Germany. Frank Thies has been appointed Country Manager and Sales Director for Central Europe. The IQNavigator team based in Mun...


Europe – Slight drop in EU unemployment rate

8 January 2015

The unemployment rate across the 28 Member States of the European Union was 10 % in November 2014, down compared with 10.1% in October 2014 and 10.7% in November 2013, according to the latest figures from Eurostat, the statistical body of the European Union.Unemployment across the 18 Eurozone cou...


World - Robert Walters reports strong Q4 net fee income growth

7 January 2015

Robert Walters (RWA: LSE), the international recruitment firm, reported Group net fee income for the fourth quarter ending 31 December 2014 of £56.2 million. An increase of +17% in constant currency compared with £49.7 million during Q4 2013.Robert Walters, the eponymous CEO, commented: “The Grou...


France – Marked decrease in demand for skilled blue-collar construction workers

7 January 2015

Temporary employment across France decreased by -2.7% in November 2014, compared with the same month in 2013, according to the latest figures from Prism’Emploi, the French Association of Employment Agencies.This marks a slight improvement against a year-on-year decline of -2.9% in October 2014. H...


UK – Private Equity firm backs buyout of Nurse Plus

7 January 2015

Nurse Plus, a provider of staffing solutions and home care services to the UK healthcare industry, has received a significant investment from UK private equity firm Sovereign Capital, as part of a management buyout. Nurse Plus was founded in 2005 and has grown to become one of the UK’s large...


Netherlands – Randstad commences share repurchase programme

7 January 2015

Randstad Holding announced today that it would commence a share repurchase programme to cover the dilution from the issue of shares under the performance share plans for senior management.The programme involves around 525,000 shares, which is 0.3% of the total ordinary shares. The programme start...


Netherlands – Brainnet acquires rival MSP

6 January 2015

Dutch managed service provider (MSP) and staffing firm Brainnet today announced the acquisition of Dutch MSP and technical staffing company Infraflex.Arno Lugthart, Director of Brainnet, commented: “Since our founding in 1996, Brainnet has had a clear vision of the flexible labour market; in our...