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World – Korn Ferry: Most business leaders focus on short-term hiring when finding talent
14 February 2019Dynamic changes in business and a lack of focus on the future are impacting the way hiring professionals do their jobs, according to a new global survey by Korn Ferry.
The survey was conducted in November and December 2018 and garnered responses from more than 600 talent acquisition professionals worldwide....
World – In Tech: Google UK, Randstad France
14 February 2019Google this week announced that it is expanding its hire recruitment management platform to the UK, as well as Canada. According to TechCrunch, the two countries represent the first international markets for the product outside the US. Google Hire first launched in the US in 2017 with the basic ability...
Switzerland – Egon Zehnder full year revenue up 10% in 2018
13 February 2019Privately-held Switzerland-based executive search firm Egon Zehnder today reported global revenue of CHF 738 million (€648.5 million) for the full year 2018, an increase of 10% compared to the same period in 2017.
Egon Zehnder’s 2018 financial performance reflects consistent increases across...
UK – Norman Broadbent revenue rises to 10-year high as it reduces losses
13 February 2019Executive search and recruitment firm Norman Broadbent (NBB: LSE) today provided an unaudited trading update ahead of its annual results for the year ended 31 December 2018. Group revenue increased by 40% to £9.2 million, the highest annual revenue in over ten years.
Group Net Fee Income increased by...
Netherlands – Trade union FNV accuses Tempo Team of dodging Collective Labour Agreement rules
13 February 2019FNV, the Netherlands Trade Union Confederation has accused Tempo Team, which is part of the Randstad Group, of evading Collective Labour Agreement rules for workers at mail company PostNL. FNV is also threatening legal action.
According to Flexnieuws, the FNV stated that thousands of parcel sorters who...
World – OECD unemployment rate stable in December 2018
13 February 2019The Organisation for Economic Co-Operation and Development (OECD) announced that the overall unemployment rate stood at 5.2% in December 2018, stable compared to the previous month. Across the OECD countries, 33.4 million people were unemployed.
The unemployment rate was also stable in the euro...
Portugal – Temporary work turnover up 6.1% in 2018
13 February 2019The turnover of Portuguese temporary employment companies amounted to €1.35 billion in 2018, a year-on-year growth of 6.1%, according to data from Informa D&B.
The data looked at 220 temporary work companies in Portugal. It stated that last year's gains in the temporary work business came "in...
World – Randstad profits hit by impairments and European slowdown
12 February 2019Randstad (RAND: NV), today reported revenue for the fourth quarter ending 31 December 2018 of €6.1 billion, a marginal increase of 0.3% on an organic basis compared with €5.9 billion a year ago.
Growth in Rest of World and North America remained strong, however the group reported slowing activity...
World – Monster cuts workforce by 5% as it works toward profitable growth
12 February 2019Job board provider Monster last week cut approximately 5% of its global workforce, which translates to about 100 affected employees, as it works toward profitable growth.
“To accelerate our progress towards sustainable, profitable growth across Monster, we have made the difficult decision to eliminate...
Italy – Average number of temporary workers falls 1.8% in December
12 February 2019The average number of temporary agency workers in Italy in December 2018 decreased by 1.8% on an annual basis, according to figures from Ebitemp, the bilateral organisation for temporary employment representing employers’ associations and unions.
The total payroll of temporary workers in November...