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Iceland - Real wages up +2.6% y-o-y in July

26 August 2011

The monthly wage index has risen by +7.8% in July 2011 when compared with July 2010. The wage index in July 2011 was +1% higher than in the previous month, according to the latest data by Statistics Iceland (Hagstofa Islands).The real wage index has increased by +2.6% in July 2011 when compared w...


UK - Hays reveals RBS' contractor pay in e-mail blunder

25 August 2011

In an e-mail to 800 Royal Bank of Scotland (RBS) employees, a staff member of staffing agency Hays disclosed day rates for 3,000 contractors, some of whom were paid 2,000 Pounds per day, the Financial Times reports.  The release of the data is an embarrassment for the state-backed bank, wh...


Sweden - Proffice doubles operating profit in Q2 2011

25 August 2011

Revenues were up from 112.2 million Euro in Q2 2010 to 129.5 million Euro in Q2 2011 at Proffice AB (PROEB:STO), the Scandinavian temporary and permanent staffing group.Interim results for the three months ended 30 June 2011 reveal that operating profit doubled from 2.7 million Euro in Q2 2010 to...


UK - Tribal exercises option to transfer capital of Tribal Consulting to Capita

25 August 2011

Tribal Group Plc (TRB:LSE), the provider of technology products and services to the education, learning and training markets, yesterday exercised its put option to transfer the entire issued share capital of Tribal Consulting Limited to Capita Business Services Limited.Reciprocal put and call opt...


International - Workers expect more collaborative workspace

25 August 2011

Global research from Johnson Controls Global WorkPlace Solutions (GWS) has revealed there is a gap between the amount of teamwork that today's workplace can support and the amount that office workers anticipate using in 2020. The study, which reports results from 1,700 white-collar-workers in Ger...


Germany - Consumer climate declines moderately in August

25 August 2011

A varied picture emerges in the development of consumer sentiment in Germany this August. While willingness to buy once again improved from an already high level, the declines in economic expectations and income expectations have been significant and moderate respectively. The overall indicator,...


Switzerland - Pessimism prevails on economic development

25 August 2011

Economic expectations for Switzerland have diminished for the fourth month in a row. In August, the indicator plunged by -12.5 points to the minus 71.4 point mark, thus reaching an extraordinarily low level, according to the latest ZEW-CS Indicator.The ZEW-CS Indicator is calculated monthly by th...


UK - 20% of young adults classified as NEET

25 August 2011

Young adults are continuing to struggle to gain a foothold in the labour market according to the latest figures released by the government. The latest statistics from the Department for Education on the numbers of young people not in education, employment or training (NEET) show that:• In th...


UK - Michael Page's shares up amid takeover rumours

24 August 2011

The shares of Michael Page International Plc (MPI:LSE), the specialist recruitment consultancy, jumped +11.8 Pence or +3.36% to 362.3 Pence last night as dealers heard late whispers that staffing giant Randstad could be lining up a 1.58 billion Pounds or 5 Pounds a share cash offer for the compan...


UK - HB International acquires Ingram Mayet backed by James Caan

24 August 2011

Global executive search firm, HB International, has acquired specialist recruiter Ingram Mayet for an undisclosed sum. The newly formed joint venture will be branded HB Ingram Mayet.HB International has experienced strong growth since its inception at the end of 2007. It has doubled profits year-...