ManpowerGroup revenue down 5.5% in Q1

ManpowerGroup Inc. (NYSE: MAN) said labour employers in North America and Europe remain cautious as it announced its first-quarter results yesterday. Revenue at the Milwaukee-based global staffing firm fell 5.5% year over year in constant currency (cc) to $4.40 billion.

Earnings per share beat analysts’...

Alma Media Q1 revenue ticks up 1.2% but career segment dips

Finland-based media company Alma Media which operates a number of job boards, reported revenue today of €76.2 million in Q1 2024, an increase of 1.2% when compared to last year.

Government to set out due diligence to regulate umbrella companies

The UK government is looking into a statutory due diligence scheme for umbrella company use with the aim of tackling non-compliance in the industry. 

HMRC will publish new guidance later this year, including an online pay-checking tool to help umbrella company workers check whether the correct deductions...

UK workers want their employers to invest in sustainability

Half of employees in the UK (51%) are keen to see their company invest more in sustainability, rising to 61% of younger workers aged 18-34, according to new research from employee benefits technology company Zest.

The research also found that 53% would like to see their company investing in more sustainable...

UK Supreme Court rules employers cannot discipline staff for striking

UK employers will no longer be able to discipline their staff for taking part in legal strike action after a UK Supreme Court ruled yesterday that the UK breached its duties over the right to take part in lawful strikes.

Employees who are dismissed for taking part in lawful strike action have some...

Hudson RPO buys UAE executive search firm Striver

Hudson RPO, part of Hudson Global, Inc., announced the acquisition of Striver, a Dubai-based executive search organisation.

The announcement follows Hudson RPO’s March 2024 acquisition of Dubai-based Executive Solutions, a firm focused on Recruitment Process Outsourcing (RPO).

Hudson RPO said that, with...

HeadFirst reports 21% full year turnover growth

Netherlands-based HR tech service provider HeadFirst Group reported record turnover of €2.6 billion in 2023, an organic increase of 21% compared to 2022.  

Underlying gross profit increased by 20% to €76 million, which led to an EBITDA conversion of 50%. Underlying EBITDA stood at €38...

Workwell acquires PGC Group

Workwell, a UK-based provider of tech-enabled, compliant employer of record and workforce management solutions, announced it is merging with PGC Group, a provider of employer of record services in North America.

The transaction sees the two businesses become one global company. According to Workwell,...

Euro area unemployment rate improves to 6.5% in February

In February 2024, the seasonally-adjusted unemployment rate in the euro area was 6.5%, down from 6.6% in February 2023. The EU unemployment rate was 6.0% in February 2024, also stable compared with February 2023, according to figures published by Eurostat, the statistical office of the EU. 

When...

Dutch temporary staffing hours and turnover edge downward

The temporary employment sector in the Netherlands saw a decrease in hours while turnover also fell during the third period of 2024 (week 9 – 12, starting 26 February), according to the Dutch Federation of Private Employment Agencies (ABU).

In period 3, hours decreased by 8%, and turnover fell by 1%...