Daily News
Singapore – Most Workers in Singapore want a four-day workweek (Straits Times)
1 August 2022The majority, or 7 in 10, employees in Singapore want a four-day work week to help them achieve better balance in their lives, reports Bloomberg, citing research from market researcher Milieu Insight. Some companies in Singapore are already experimenting with a shorter working week, according to...
India – Formal sector expected to hire a record number of temporary jobs this festive season (The Economic Times)
1 August 2022A record high number of temp jobs is likely to be created this festive season in India as companies across industries are ramping up manpower to cater to a post-pandemic rise in pent-up demand and an anticipated increase in seasonal purchase even as high inflation and rising household expenses continue...
Japan – Quick Co Q1 revenue rises 21% as profits surge
29 July 2022Quick Co. Ltd (4318: JP), a Japanese staffing firm, reported revenue for the first quarter ended 30 June 2022 of JPY 8.55 billion (USD 64.3 million), an increase of 21.2% compared to the previous year.
(JPY millions) | Q1 2022 | Q1 2021 | Change | Q1 2022 (USD millions) |
Revenue | 8,551 ... |
Japan – JTec first quarter revenue up 11.6% as it returns to net profit
29 July 2022Japanese staffing company JTec Corp. (2479: JP) reported revenue for the first quarter ended 30 June 2022 of JPY 782 million (USD 5.8 million), an increase of 11.6% compared with last year.
(JPY millions) | Q1 2022 | Q1 2021 | Change | Q1 2022 (USD millions) |
Revenue | 782 | 701 | 11.6% ... |
Australia – AD1 Holdings fourth quarter cash receipts improve as group reports steady growth
29 July 2022Australia-based AD1 Holdings (AD1:AU), previously known as ApplyDirect announced a business update for the fourth quarter ended June 2022. The company is a provider of customer branded recruitment marketing platforms and related digital services.
The company received cash receipts totalling AUD 1.97 million...
Australia – Ignite revenue slips 4%, but gross profit up slightly
29 July 2022Australian recruitment firm Ignite (IGN:ASX) reported revenue fell 4% in the second quarter ended 30 June 2022 to AUD 28.49 million (USD 19.9 million).
The company’s gross profit for the quarter was AUD 3.8 million (USD 2.6 million), an increase of 1% against the comparative quarter in 2021. The increase...
Australia – Airtasker Q4 revenue up 30.6% as Gross Marketplace Volume growth accelerates
28 July 2022Australia-based B2C talent platform Airtasker published an update today for the fourth quarter ended June 2022.
Revenue was up 30.6% year-on-year to AUD 9.0 million (USD 6.3 million).
Gross Marketplace Volume (GMV) grew by 38.3% on the prior comparative period to AUD 54.4 million (USD 38.0 million).
The...
Singapore – Salaries rise in tandem with anticipated economic growth and spikes in talent acquisition
28 July 2022As companies in Singapore ramp up business activities and resume stalled hiring plans to prepare for the anticipated economic growth, an interplay of factors is aggravating the talent crunch they are already facing, fostering a job seekers' market and driving up salaries, according to a report from RGF...
Asia Pacific – Indonesia agrees to lift freeze on sending migrant workers to Malaysia (Reuters)
28 July 2022Indonesia has agreed to lift a freeze on sending its migrant workers to Malaysia effective 1 August after the neighbours ironed out concerns surrounding workers' rights, reports Reuters, citing statements from both countries. The entry of migrant workers will help Malaysia ease a shortage of some 1.2...
India – TeamLease first quarter revenue up 36.5%, General Staffing revenue rises 37%
27 July 2022TeamLease Services Limited reported INR 18.79 billion (USD 235.2 million) in revenue from operations net of taxes in its fiscal first quarter ending 30 June 2022, up 36.5% when compared to the same period last year.
Revenue in General Staffing was up 37% on a year-on-year basis.
(INR millions) | Q1... |