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World - Kelly Services back in profit but struggles in UK

12 May 2011

Revenues were up by +18.5% from $1.13 billion in Q1 2010 to $1.34 billion in Q1 2011 at staffing agency group Kelly Services Inc. (KELYA:NSQ). Interim results for the 13 weeks ended 3 April 2011 reveal that gross profit was up by +18.7% from $180 million in Q1 2010 to $213.7 million in Q1 2011.Ne...


Germany - Adecco acquires Medic

12 May 2011

Adecco Germany (Adecco Personaldienstleistungen GmbH) announces the acquisition of Medic-Zeitarbeit GmbH, the temporary staffing agency specialised in the medical and science sectors, for an undisclosed amount.Medic is based in Scheeßel, halfway between Hamburg and Bremen and also runs the so-cal...


Sweden - Resurs' revenues up +21.6%

12 May 2011

Revenues were up by +21.6% from 4 million Euro in Q1 2010 to 4.9 million Euro in Q1 2011 at Resurs Bemanning CNC AB (RESB:STO), the Sweden-based employment agency group.Operating profit was up from a loss of -90,000 Euro in Q1 2010 to a profit of 33,000 Euro in Q1 2011.Profit before tax was up fr...


OECD Countries - Tax burden on workers rising again

12 May 2011

The average tax and social security burdens on employment incomes rose in most countries in 2010, reversing a trend toward declining tax burdens seen in previous years. In most cases, though, any rise reported was small, according to a new report by the Organisation for Economic Co-operation and...


UK - Workplace absence costs 17 billion

12 May 2011

The UK economy lost 190 million working days to absence last year, with each employee taking an average of 6.5 days off sick, according to the latest Absence and Workplace Health Survey, published by the Confederation of British Industry (CBI) and Pfizer.  Despite the introduction of the ne...


Finland - Wages and salaries rise +5.6% y-o-y in Q1 2011

12 May 2011

The wages and salaries sum of the whole economy was +5.6% greater in the past January to March period than in the corresponding period twelve months earlier, according to Statistics Finland (Tilastokeskus). In March alone, the wages and salaries sum of the whole economy grew by +5.7% year-on-year...


UK - Government reviews employment red tape

12 May 2011

The government has announced new areas that it will consider reforming as part of its review of employment red tape, including collective redundancy consultation periods, the Transfer Undertakings Protection of Employment Regulations (TUPE) and compensation for discrimination awarded by employme...


Ireland - Employers' Job Creation Initiative comments on labour market reforms

12 May 2011

Robert Mac Giolla Phádraig, Chair of Employers' Job Creation Initiative and Director at staffing agency Sigmar Recruitment has given an industry reaction to the Government's Jobs Initiative: "After meeting with over 100 employers as part of the Employers' Job Creation Initiative, we welcome...


Spain - Nortempo's revenues up +15.7% in 2010

11 May 2011

Revenues were up by +15.7% from 47.6 million Euro in 2009 to 55.1 million Euro in 2010 at Grupo Nortempo, the 100% Spanish-owned, temporary staffing, outsourcing and training group based in Galicia, ABC newspaper reports.Revenues generated from temporary employment were up by +19.51% in 2010 when...


UK - Parity sees more stable revenues and proposes share issue

11 May 2011

Parity Group Plc (PTY:LSE), the UK-focused IT recruitment and consulting firm, announces a proposed share issue to raise gross proceeds of 7 million Pounds (6.4 million Pounds net of expenses) by the issue of 30,434,783 New Ordinary Shares through the Firm Placing, Placing and Open Offer at the I...