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Sweden – Dedicare CFO steps down

11 April 2018

Swedish staffing firm Dedicare announced that its CFO, Lia Sandström, has resigned from the company.

Sandström will remain in the position until a successor for the role is found. Recruitment is currently underway for Sandström’s replacement.

“I would like to thank Lia for her solid work and great...


Middle East – More than half of GCC employers expect new jobs this year

11 April 2018

More than half (53%) of employers surveyed in the Gulf Cooperation Council region anticipate new jobs to be created this year, an increase of 40% from last year, according to research from Naukri Gulf.

Hiring is predicted to be led by the Construction and Engineering industry, followed by the Oil &...


UK – Majority of workers satisfied with their job, but one in ten are often miserable, study finds

11 April 2018

Most workers in the UK (64%) are satisfied with their job, however 11% report feeling miserable at work, according to a study from the Chartered Institute of Personnel and Development.

The study, which surveyed more than 6,000 workers, aimed to measure job quality in the UK. CIPD’s study also found...


Switzerland – Jobless rate falls to 2.9% in March

11 April 2018

The Swiss unemployment rate stood at 2.9% in March, down from 3.4% in March of last year according to the State Secretariat for Economic Affairs (SECO).

In March, unemployment fell by 21,867 persons compared to last year. Meanwhile, youth unemployment fell by 4,012 persons (-22.8%) in the same period....


UK – Why staffing firms are helping mothers, an important talent pool, re-enter the workforce (Staffing Industry Review Online)

11 April 2018

The story is familiar to mothers who take a break in their careers to raise children. They are ready to return to work, but face a bias from employers and concerns over the gap in work history. And returning in a senior position or at the salary level they were at when they left — especially for those...


World – Robert Walters provides upbeat Q1 trading update, NFI up 17% in constant currency

10 April 2018

International recruitment firm Robert Walters (RWA: LSE) provided a trading update for the first quarter ending 31 March 2018. Group net fee income increased by 17% in constant currency to £88.5 million, compared to £78.3 million during the same period last year.

Group Net Fee Income was as follows....


World – Hydrogen Group full year revenue up 8.3%, Net Fee Income growth boosted by acquisition

10 April 2018

UK recruitment firm Hydrogen Group (HYDG: AIM) reported revenue yesterday for the full year ending 31 December 2017 of £125.9 million, an increase of 8.3% compared to the same period last year.

(£ millions) FY 2017 FY 2016 Change
Revenue 125.9 116.2 ...


UK – Parity Group full year revenue decline impacted by Professionals division

10 April 2018

Specialist technology staffing company Parity Group (PTY: LSE) reported revenue for the year ended 31 December 2017 of £83.8 million for its continuing operations, a decrease of 8.7% compared with the same period last year. 

In 2017 the group discontinued its bespoke 3D development arm, Inition....


UK – Quilvest Group acquires Phaidon International

10 April 2018

Quilvest Private Equity, the private equity arm of the Quilvest group, has announced the acquisition of micro-specialist recruitment firm, Phaidon International.

Financial terms of the transaction have not been disclosed.

Phaidon International was founded in 2004 and is headquartered in London. The group...


Europe – WEC report: Global employment industry turnover records sales turnover of €491 billion in 2016, agency work turnover up 10%

10 April 2018

The global employment industry recorded a sales turnover of €491 billion in 2016, according to a new report from the World Employment Confederation. The WEC’s market estimate is different to Staffing Industry Analysts as the WEC bundle a number of complementary services to comprise the “employment...