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

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

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.

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

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

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%

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...

UK – Overall candidate supply falls in March to weakest pace in a year

Overall candidate availability in the UK continued to decline sharply during March, though the latest reduction was the weakest seen for one year, according to the latest IHS Markit/Recruitment and Employment Confederation Report on Jobs.

The report showed that a softer drop in permanent candidate supply...

Switzerland – Adecco Group Swiss Job Market index up in Q1

Swiss companies published 4% more job ads in the first quarter of 2018 when compared to the same period last year according to the Adecco Group Swiss Job Market Index.

This increase in job advertisements was driven mainly by strong growth in the Lake Geneva Region. Meanwhile demand for IT staff continues...

Netherlands – ABU to set up platform for freelance providers this year

The Dutch Federation of Private Employment Agencies (ABU) will launch a new platform for freelancer providers this year.

 According to Zipconomy, ABU Senior Policy Officer Lisette van Rossum stated that although ABU is mainly known as a representative of temporary employment agencies and payroll...

UK – Flexible working must not just focus on female talent, Alexander Mann says

Alexander Mann Solutions is calling on UK organisations to proactively encourage a culture of flexibility across the entire workforce, or risk negatively impacting employee engagement levels and the ability to attract and retain top talent.

The call comes in response to a report from the House...

UK – Spending on agency staff on the rise for Yorkshire police (Yorkshire Post)

Police forces in Yorkshire spent approximately 3.73 million on recruiting temporary staff to fill gaps in their ranks last year, reports the Yorkshire Post. This figure was up by more than £2 million compared to 2012. West Yorkshire Police saw the biggest amount spent on agency and temporary staff with...