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International - Heidrick & Struggles operating income up but makes a loss in Europe

27 July 2011

Consolidated net revenues were up by +13.3% from $126.1 million in Q2 2010 to $142.8 million in Q2 2011 at Heidrick & Struggles International, Inc. (HSII:NSQ), the US-quoted provider of executive search and leadership consulting services. Exchange rate fluctuations positively impacted net rev...


Sweden - Poolia profitable again

27 July 2011

Revenues, including Dedicare, were up by from 70.9 million Euro in H1 2010 to 74.7 million Euro in H1 2011 at Poolia AB (POOLB:STO), the Sweden-based temporary and permanent staffing group, which specialises in finance, administration, IT and engineering.Dedicare's shares were successfully distri...


UK - HCL finalising investigations into accounting irregularities

27 July 2011

The board of Healthcare Locums Plc (HLO:LSE), the beleaguered specialist health and social care staffing firm, which suspended trading in its shares in January 2011 amid major financial irregularities, has today confirmed that it is "finalising the investigations into accounting irregulariti...


UK - Job satisfaction ranks behind pay

27 July 2011

A desire to 'increase pay and benefits' has become the number one reason why employees want to change jobs, overtaking 'improving job satisfaction' in the Chartered Institute of Personnel and Development's (CIPD) Employee Outlook survey, as the economic downturn continues to erode people's standa...


UK - Socio-economic divide widens

27 July 2011

The share of national income going to the bottom half of earners in Britain has fallen dramatically over the last 30 years, according to new analysis by the independent think tank the Resolution Foundation.Ordinary workers have seen their share of Gross Domestic Product (GDP) fall by a quarter, a...


Switzerland - Adecco acquires Drake Beam Morin for 149 million Euro

26 July 2011

Adecco SA (ADEN:VTX), the world's largest Human Resources services group, has announced the acquisition of US-based Drake Beam Morin, Inc., the provider of career transition and talent development services, for an enterprise value of 149 million Euro.Combining Adecco's Lee Hecht Harrison business...


UK - CBI calls for new approach to employment law

26 July 2011

The Confederation of British Industry (CBI) has called on the government to fundamentally rethink its approach to employment law in order to bolster workplace flexibility and foster better employment relations.Launching its first ever digital report 'Thinking Positive: the 21st century employment...


UK - AER and AESC welcome voluntary code of conduct

26 July 2011

The Association of Executive Recruiters (AER) has welcomed the launch of a Code of Conduct for search and selection firms.The Code of Conduct for headhunting firms is a result of Lord Davies' review into Women on Boards, which stated that a set of principles for executive search companies would h...


Germany - Debt crisis weighs on consumer sentiment

26 July 2011

Following the positive development in the previous month, consumer sentiment in Germany has dampened in July 2011, with decreases in both economic and income expectations, according to the latest Consumer Climate MAXX Survey published by research firm GfK.However, there has been only a marginal d...


UK - GDP up +0.7% y-o-y

26 July 2011

Gross Domestic Product (GDP) increased by +0.7% in Q2 2011 when compared with Q2 2010, according to the latest data published today by the Office for National Statistics (ONS). This was the lowest rate of growth since the first quarter of 2010.Quarter-on-quarter GDP increased just +0.2% in Q2 201...