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Denmark – Jobindex's revenues up +84% in Q4 2010

7 February 2011

Revenues were up by +83% from 1.97 million Euro in Q4 2009 to 3.6 million Euro in Q4 2010 at Jobindex A/S (JOBNDX:CPH), the Denmark-based internet job board.Preliminary results for the fourth quarter of 2010 and the entire financial year of 2010 released today show that full-year revenues were up...


World – Kelly Services revenues up +11% in Q4 2010

6 February 2011

Staffing agency group Kelly Services Inc. (KELYA:NSQ), has announced that revenue for the fourth quarter of 2010 totalled $1.3 billion, a +11% increase compared to the corresponding quarter in 2009. Revenue for the full year totalled $5.0 billion, a +15% increase compared to the prior year. The...


Germany – Amadeus FiRe's EBITA up +17.4%

6 February 2011

Revenues were up by +6.1% from 110.7 million Euro in 2009 to 117.5 million Euro in 2010 at Amadeus FiRe AG (AAD:GER), the temporary and permanent staffing group.Preliminary figures published yesterday for the 2010 financial year show that gross profit totalled 48.4 million Euro in 2010, an increa...


UK – InterQuest trades in line with expectations

6 February 2011

IT staffing specialist, InterQuest Group Plc (ITQ:LSE), has published an update on trading for the year ended 31 December 2010.The group has traded in line with market expectations for the year, with strong growth in financial services offsetting the anticipated decrease in public sector business...


Germany – Job AG announces new acquisition, seeks more

6 February 2011

Job AG, the German Human Resources agency with 60 offices nationwide, has acquired Berlin-based specialist staffing agency Bräse & Hagedorn with immediate effect.Bräse & Hagedorn is a privately owned company. It was founded in 2000 and operates exclusively in Greater Berlin. The agency sp...


Netherlands – Crack down on illegal staffing agencies

6 February 2011

The Minister for Social Affairs, Henk Kamp, has promised to crack down on illegal staffing agencies in The Netherlands, which exploit tens of thousands of temporary employees from Poland and other Eastern European countries, many of whom are under-paid, get no sick pay and are charged too much fo...


Germany – Equal pay for equal work will not work

6 February 2011

Two associations representing temporary employment agencies have commented on the coalition government's current negotiations on how to deal with the opening of the labour market to staffing agencies from Eastern European member states of the European Union and the implied fear of wage dumping th...


Europe – Single permit to live and work in the EU

6 February 2011

A new directive on a single permit to live and work in the European Union (EU) proposed by the European Commission aims to streamline bureaucratic procedures for all potential immigrants applying to live and work in an EU Member State, by enabling them to obtain work and residence permits via a s...


UK – Quality of management crucial to lift employee morale

6 February 2011

This quarter's Employee Outlook Survey from the Chartered Institute of Personnel and Development (CIPD) illustrates the extent to which employees are concerned about their standard of living, as inflation continues to erode the real value of wages. The survey of 2,000 employees finds almost a th...


Europe – Improved gross margins in Q4 2010 deliver upside surprise at Manpower

6 February 2011

Revenues were up by +18.1% from $4.41 billion in Q4 2009 to $5.2 billion in Q4 2010 at Manpower Inc. (NYSE:MAN), the world's third-largest staffing firm. In constant currency, revenues were up by +22.1%, in line with management guidance.On a constant basis, gross profit increased by +23.5% to $90...