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World – Monster job cuts hits share price

27 January 2012

Monster Worldwide, the global online job provider, yesterday announced its forecast for a weak start to the year, saying that it will have to cut jobs as it does not expect the global job market to recover in the near future.

This news comes after the company’s reported its fourth quarter results yesterday....

Report: Wyoming Most Business-Friendly

26 January 2012

The Tax Foundation ranked Wyoming among the 10 states with the most business-friendly tax systems; it was followed by South Dakota and Nevada. The foundation’s “state business tax climate index” compares states’ tax policies to other states. It doesn’t focus on the total amount of taxes residents...

UK – Servoca profits and revenues down

26 January 2012

Servoca (LON:SVCA), a provider of specialist outsourced solutions, today reported its preliminary audited results for the year ended 30 September 2011. Group revenue was down to 47.9 million Pounds compared with 50.2 million Pounds in 2010, a reduction of -4.6%. Gross profit for the year was 13.4 million...

Spain – Trade unions agree on salary moderation scheme

26 January 2012

Spain’s two biggest trade unions, Working Commissions (CC.OO.) and the Workers General Union (UGT), signed a salary reduction agreement with various employers on Wednesday.

The so-called Second Agreement for Collective Use and Negotiation was signed by the two trade unions and the Spanish confederations...

Sweden – CEO defends staffing agency scandal

26 January 2012

After Sweden’s fourth largest staffing firm was involved in another scandal this week over assigning its employees fictitious contracts to avoid paying for their basic salary, the company’s CEO Jan Bengtsson now defends his firm and the entire staffing industry in an interview with NewsMill.

Mr Bengtsson...

Germany – Amadeus FiRe wants revenue of 150 million Euro

26 January 2012

The German staffing company Amadeus FiRe plans to increase its revenue from 132 million Euro to 150 million Euro in the next three to five years, the firm stated in a press release. The company is encouraged by demographic changes in Germany and the growing flexibility of the labour market which has...

UK – Insight into AWR challenges

26 January 2012

The latest AWR (Agency Workers’ Regulations) Monitor published by the British Recruitment & Employment Confederation (REC) provides an insight into the impact of the new regulations.

As previously reported, there has been only a slight decrease in temp billings which is “most likely linked to...

Germany – Research claims that temporary staffing increases illegal employment

26 January 2012

Illegal employment in Germany has reached a low point in over 18 years as people find it easier to find regular employment. But the recently introduced minimum wage for agency workers in the country is said to have increased the percentage of illegal employments as “it makes regular employment more...

Romania – Headhunters shortlisted by Economy Ministry

26 January 2012

The Romanian Economy Ministry is currently selecting the winning tender to select private sector CEOs for state-owned companies from a shortlist that includes headhunters Spencer Stuart and Egon Zehnder, according to Romania Insider.

This is the second bid initialled by the Romanian Economy Ministry,...

UK – Agency worker loses blacklisting trial

25 January 2012

An agency worker has lost his case against a firm that blacklisted him for raising concerns over health and safety issues and for his active participation in a union. The Central London Employment Tribunal ruled that the construction engineer Dave Smith was not entitled to legal protection against blacklisting...