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Switzerland - Adecco acquires Drake Beam Morin for 149 million Euro

26 July 2011

Adecco SA (ADEN:VTX), the world's largest Human Resources services group, has announced the acquisition of US-based Drake Beam Morin, Inc., the provider of career transition and talent development services, for an enterprise value of 149 million Euro.

Combining Adecco's Lee Hecht Harrison business with...

UK - CBI calls for new approach to employment law

26 July 2011

The Confederation of British Industry (CBI) has called on the government to fundamentally rethink its approach to employment law in order to bolster workplace flexibility and foster better employment relations.

Launching its first ever digital report 'Thinking Positive: the 21st century employment relationship...

UK - AER and AESC welcome voluntary code of conduct

26 July 2011

The Association of Executive Recruiters (AER) has welcomed the launch of a Code of Conduct for search and selection firms.

The Code of Conduct for headhunting firms is a result of Lord Davies' review into Women on Boards, which stated that a set of principles for executive search companies would help...

Germany - Debt crisis weighs on consumer sentiment

26 July 2011

Following the positive development in the previous month, consumer sentiment in Germany has dampened in July 2011, with decreases in both economic and income expectations, according to the latest Consumer Climate MAXX Survey published by research firm GfK.

However, there has been only a marginal drop...

UK - GDP up +0.7% y-o-y

26 July 2011

Gross Domestic Product (GDP) increased by +0.7% in Q2 2011 when compared with Q2 2010, according to the latest data published today by the Office for National Statistics (ONS). This was the lowest rate of growth since the first quarter of 2010.

Quarter-on-quarter GDP increased just +0.2% in Q2 2011, following...

Finland - Unemployment falls to 8.4%

26 July 2011

The number of unemployed persons in June 2011 was 237,000, which was -11,000 lower than one year ago. At 8.4%, the unemployment rate was -0.4 percentage points lower than one year earlier, according to the latest data published today by Statistics Finland (Tilastokeskus).

There were +24,000 more employed...

UK – IT & telecom salaries boost as firms return to hiring

26 July 2011

IT & Telecoms salaries rose by +7.5% in H1 2011, with an average bonus payment of 19%, according to new research from IT & Telecoms recruiter Greythorn (part of FiveTen Group).

Salaries in H1 2011 have risen by +7.5% from 42,800 Pounds last year to more than 46,000 Pounds. For the 56% of professionals...


25 July 2011

We are running a free webinar looking at the latest legal developments that will affect your business in the UK.

If you don’t understand the implications of Swedish Derogation, need clarification on exactly which categories of workers are captured, or are uncertain how pay is defined in the Agency Workers...

Switzerland - Optimism down due to increased external risks

25 July 2011

Optimism about the economic outlook for Switzerland has cooled in Q2 2011 when compared with Q1 2011, according to the latest Chief Financial Officers Survey (CFO), published today by professional services firm Deloitte.

On balance, more CFOs report that the financial prospects for their own company are...

Switzerland - Jobs advertised up +20% y-o-y

25 July 2011

The number of new jobs advertised, both in the press and on the internet, was up by +20% in Q2 2011 when compared with Q2 2010, according to the latest Swiss Job Market Index published by Zürich University on behalf of staffing agency Adecco.

However, quarter-on-quarter the total number of jobs advertised...