Japan – Tsunagu and other HR services firms form a group to protect gig economy workers’ rights (Japan Today)

A number of Japanese businesses, including staffing firm Tsunagu Holdings, announced that they formed an organisation to protect the rights of gig workers amid a rise in their numbers during the Covid-19 pandemic, reports Japan Today. Founded in late January, the Japan Spot Work Association will set...

Singapore – HRnetGroup H2 revenue rises 41% as profits show improvement, full year revenue up 36%

Singapore-based recruitment firm, HRnetGroup (HRNET:SP), reported revenue today for the six months ended 31 December 2021 of SGD 315.4 million (USD 232.9 million), an increase of 41.6% compared to the same period in the previous year.

Australia – Ashley Services H1 revenue lifted by labour hire and training divisions

Australian training and labour hire firm Ashley Services (ASH: ASX) reported revenue today for the six-month period ended 30 December 2021 of AUD 219.8 million (USD 158.1 million), an increase of 18.2% compared to the previous year.

The group noted revenue growth was seen across most areas of the business....

Singapore – Advancer issues profit warning due to increased Covid-19 related costs

Advancer Global (43Q:SES), an integrated services provider offering workforce solutions and services in Singapore announced yesterday after markets closed, that, based on preliminary assessment of its unaudited consolidated financial results for the financial year ended 31 December 2021, the group is...

India – More blue-collar jobs available as economy opens up (The Economic Times)

India's blue and grey-collar job markets recorded their strongest growth in February in over a year, as a falling number of Covid-19 infections, lifting of restrictions and a pickup in economic activity led to higher demand for manpower, reports The Economic Times, citing research from QJobs, an online...

Australia – Airtasker H1 revenue and gross marketplace volume up, but losses widen

Australia-based B2C talent platform Airtasker reported revenue increased by 10.4% to AUD 13.92 million (USD 9.97 million) for the six months period ended 31 December 2021.

Australia – Ignite H1 revenue up 4.8% due to rebound in demand for permanent recruitment

Australian recruitment firm Ignite (IGN:ASX) reported revenue increased by 4.8% in the six months ended 31 December 2021 to AUD 59.4 million (USD 42.59 million).

At the same time, gross profit increased by 3.6%. The increases in revenue and gross profit were primarily due to a rebound in the demand for...

India – Gigforce secures $2 million funding to build tech and analytics (VC Circle)

India-based talent platform Gigforce said it has secured a USD 2 million fundraise from venture fund Meraki Labs, reports VC Circle. The company will be deploying the money to further build deep tech and strong analytics for on-gig performance. Gigforce enables digital sign up to gig workers on its app for...

India – Nearly 40% of workers could switch jobs in 2022 (LiveMint)

Nearly 40% of workers in India could switch jobs this year, a figure higher than most countries in South Asia and the global average, reports LiveMint, citing research from Qualtrics. Despite respondents in India reporting some of the highest levels of engagement (85%) and wellbeing (89%) at work globally,...

Australia – Acquisitions boost PeopleIn H1 revenue but reports fall in profits

Australia-based workforce management company PeopleIn, formerly People Infrastructure, reported revenue on Friday of AUD 315.82 million (USD 229.4 million) for the six months ended 31 December 2021, an increase of 57.1% over the previous year.

The increase in revenue for the half year period is reflective...