Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

India – TeamLease revenue up 35.0% in fiscal Q4, headcount rises by 25%

19 May 2022

TeamLease Services Ltd. (TEAMLEASE:NSI), a Bangalore, India-based staffing provider reported revenue rose 35.0% in its fiscal fourth quarter ended 31 March and headcount rose by 25%.

Headcount in its “general staffing” segment rose 22% year over year with the highest ever net addition of more than...


Japan – Recruit seeking more female executives (Reuters)

18 May 2022

Recruit Holdings Co. Ltd. (6098:TYO) plans to have women in 50% of its senior executive and managerial roles within 10 years, Reuters reported. “It’s a survival mechanism — it makes commercial sense,” Recruit Chief Operating Officer Ayano “Sena” Senaha told Reuters. “We don’t manufacture...


India – More than three quarters of companies to let employees choose work models such as hybrid work

18 May 2022

More than three quarters of organizations, or 76.8%, plan to offer employees the option of a preferred work model, such as hybrid work with time in the office and time working remotely, according to the “Future-readiness of Organisations for a Hybrid World” report released by staffing firm TeamLease....


Singapore – Nearly half of employers to increase headcount this year, but workers less willing to change jobs: Hays

18 May 2022

Nearly half of employers in Singapore plan to increase their headcounts this year even as workers are less inclined to change jobs, according to the 2022 Hays Asia Salary Guide.

The report included more than 9,500 responses collected between October and November 2021 from China, Hong Kong, SAR, Japan,...


Japan – Hirayama Holdings, a technical staffing provider, reports revenue up 22.1%

18 May 2022

Hirayama Holdings Co. Ltd. (7781:TYO), a Tokyo-based provider of engineering and manufacturing staffing and outsourcing, reported revenue rose 22.1% year over year in the first nine months of its fiscal year from July 1, 2021, through March 31, 2022.

(JPY thousands) Nine months ended 31 March 2022 ...


India – Heat wave takes toll on those who work outdoors (Al Jazeera)

17 May 2022

Low-income workers in India are suffering from an extreme heat wave that has hit the country, Al Jazeera reported. Temperatures in the New Delhi area have reached 45 degrees Celsius (113 Fahrenheit) this year, causing some workers to fall sick. India endured its hottest March in more than 100 years.


India – Staffing firms see up to 250% increase in demand for labor (The Economic Times)

17 May 2022

Staffing firms in India are reporting a 250% increase in demand for temp staff, The Economic Times newspaper reported. “Hiring mandates have increased 200% to 250% of the normal monthly averages as Covid caution has dramatically reduced on the back of much lower daily cases, high vaccination rates,...


Japan – Nms Holdings revenue rises 15.4% in fiscal year, but net loss bigger

17 May 2022

Last Friday, nms Holdings Corp. (2162:TYO) reported net income rose 15.4% in its fiscal year ended March 31 but its net loss rose.

Nms provides manufacturing and production staffing; it also operates in other business lines —assembling electronic device boards and power supply manufacturing. It’s...


Japan – Meitec full-year revenue increases 10.9%, solutions business sees rebound in overtime

17 May 2022

Meitec Corp. (9744:TYO), a Tokyo-based provider of engineering staffing, reported revenue rose 10.9% in its fiscal year ended March 31. The firm noted that while the economy is picking up, the outlook for it remains uncertain with an increase in new strains of Covid-19 being discovered in Japan.

(JPY...


Japan – UT Group revenue up 36.2%, number of technical employees rises 33%

17 May 2022

UT Group Co. Ltd. (2146:TYO) reported Friday that net sales rose 36.2% in its fiscal year ended March 31, reaching a record level. The manufacturing staffing provider reported the number of technical employees rose 33% year over year to 31,636.

Demand for personnel in the automotive sector remained firm,...