, despite the economic crisis good wage growth was recorded in eleven countries over this period. Bulgaria was the standout performer with +5.4% growth followed by more modest gains in France (+0.8), Germany
of India (93%), China (91%), and Singapore (93%). The pressure appears to be less severe in Western Europe but there is still clear pressure on HR teams. HR executive in Germany (61%) and in France (75
, performances across Europe improved. Revenue fell by -4% in France, -6% in the Nordic region, and -1% in the UK. But revenues rose by +3% in Germany, +2% in the Netherlands, and +3% in Italy, the first growth
.7 million. In Belgium, revenue fell by -10% to €48.1 million. Revenue was also depressed by the very weak demand for medical staff. In Germany revenue improved, year-on-year, despite declining by -2% to €59
a year ago.
Germany, which represented 54% of the division’s net fees, delivered organic net fee growth of +6%. Although the rate of growth slowed, Hays reported growth in all of its specialisms. Strong
still fragile, is recovering at a faster pace than previously envisaged. The updated projections include France, Germany, Italy, the Netherlands, Poland, Spain and the United Kingdom. The seven countries