UK – REC expels Valley Education Services following complaint from worker

Valley Education Services Ltd (VES) has been expelled from Recruitment & Employment Confederation (REC) membership for breaching five principles of the REC Code of Professional Practice.

Following a complaint by a worker, the REC undertook a comprehensive investigation including a site visit. VES...

UK – SThree reports full year results, gross profit growth bolstered by Continental Europe

International recruitment firm SThree (STHR: LSE) reported revenue of £959.9 million for the year ending 30 November 2016, an increase of 6% in constant currency compared with £848.8 million for the year ending 30 November 2015.

UK – Hydrogen Group publishes trading update, forecasts return to profitability

UK recruitment firm Hydrogen Group (HYDG: AIM) has published a trading update for the year ending 31 December 2016. 

The Board expects to report net fee income for the year of £17.8 million and a return to profitability generating Profit Before Tax of £0.75 million as a result of the...

Portugal – OECD: Portugal should develop labour market reforms to boost job creation

According to a new report from the Organisation for Economic Co-operation and Development, comprehensive reforms to Portugal’s labour market between 2011 and 2015 have helped create jobs and reduce unemployment, but the country should build on the reforms to address continued challenges.

 The report,...

UK – Investment firm launches legal recruitment company

Bluestone Investment Group, a UK-based investment business, has launched Blake Chambers, a legal recruitment agency.

The launch of the agency, which represents a joint venture with legal recruiters Raphael and Reuvan Blake, is part of Bluestone’s expansion of its portfolio of companies. The agency will...

Greece – New jobs offering increasingly lower salaries (Greek Reporter)

New jobs in Greece are offering increasingly lower salaries, reports the Greek Reporter with data from the Labour Ministry’s Ergani database. Despite the creation of more than 82,00 new jobs last year, one in two Greeks are making an average monthly salary of below €600 for full-time employment....

Europe – European Parliament approves recommendations to protect on-demand workers

The European Parliament on Thursday approved recommendations for the forthcoming proposal on the “European Pillar of Social Rights,” that would impact gig economy workers. The nonbinding resolution guarantees basic rights for workers, regardless of the form of employment and contract.

Parliament called...

Global – Bond International announces group CEO, TempBuddy Partnership

Bond International Software named Tim Giehll as group CEO. In addition, Bond and TempBuddy announced a partnership that will include the integration of TempBuddy’s mobile offering with Bond software.

Private equity firm Symphony Technology Group (STG) acquired Bond International Software on 4 November...

Switzerland – Adecco CEO discusses Brexit, M&A, economy (Bloomberg)

Adecco CEO Alain Dehaze discusses the impact of Brexit on Adecco,  M&A and more in a Bloomberg video from the World Economic Forum in Davos, Switzerland. “We are living in a world of modest growth, slow growth, low GDP figures, and we will see what the new governments after the elections in...

UK – Transport for London bans use of independent contractors (ContractorUK)

Transport for London has banned the use of workers who operate through their own limited company in reaction to April’s IR35 reforms, ContractorUK reports. It’s the first public sector body to do so. ContractorUK cited an internal Transport for London memo that it obtained.