Australia – AD1 Holdings reports third quarter cash receipts climb year-on-year

Australia-based job search site AD1 Holdings (AD1:AU), published a business update today for the third quarter ended 31 March 2021.

The group said cash receipts from customers for the March 2021 quarter were AUD 1.53 million (USD 1.19 million) representing an increase of 80% compared to prior year.

AD1...

Australia – Managers experiencing greater levels of mental distress due to pandemic

Managers are experiencing greater levels of mental distress than non-managers due to the changes implemented in the workplace throughout the pandemic, according to a study from Morneau Shepell, a provider of technology-enabled HR services focusing on employee wellbeing.

In March 2021, the research found...

India – Staffing firms say it is responsibility of client to vaccinate temporary workers (Economic Times)

Confusion is mounting over who would be responsible for the inoculation of the 3.1 million temporary workers in India’s formal sector - staffing firms that supply this workforce or the clients for whom they work, reports the Economic Times (paywall). Indian staffing firms Quess Corp, TeamLease and...

Australia – Indeed job vacancies 43.1% higher than pre-pandemic levels (Business Insider)

Job vacancies in Australia advertised on Indeed were up 43.1% for the period 1 February 2020 to 23 April 2021, reports Business Insider, citing data from Indeed. “Hiring activity of this nature typically points towards strong employment growth in the coming months,” Indeed Asia-Pacific economist...

Japan – TechnoPro Holdings third-quarter revenue up slightly

TechnoPro Holdings, Inc, (6028:TYO) a Japan-based technology-focused staffing and services company, reported revenue today of JPY 40.7 billion (USD 373.8 million) for the third quarter ended 31 March 2020, an increase of 0.7% compared to the previous year.

Japan – Quick Co full-year revenue falls 4.5% as pandemic weighs in on recruiting business

Quick Co. Ltd (4318: JP), a Japanese staffing firm, reported revenue for the full year ended 31 March 2021 of JPY 20.09 billion (USD 184.5 million), a fall of 4.5% compared to the previous year.

India – Info Edge to sell stake worth $100 million in proposed Zomato IPO

Info Edge, the Indian job board, which owns a stake in food delivery platform Zomato, announced that it will sell its stake, in a proposed IPO for Zomato.

The Board of Directors of Zomato approved the Offer for Sale which will see Info Edge sell its stake in the food delivery platform worth INR 7.50 billion...

Singapore – JAC Recruitment appoints managing director for Singapore operations

Japanese staffing firm JAC Recruitment announced the appointment of Kirsty Poltock as Managing Director of its Singapore operations with effect from 3 May 2021.

Poltock is a veteran of specialist permanent and contracting recruitment and worked at Page Personnel for more than 15 years.

“My focus will...

Australia – GO2 People EBITDA and gross margin improves in third quarter

GO2 People, a provider of vertically integrated recruitment and building services throughout Australia and New Zealand provided a quarterly update for the three-month period ended 31 March 2021.

The company delivered EBITDA of AUD 55,000 (USD 42,795) for the Q3 March quarter, which brings yearto-date...

Asia Pacific – Randstad offers paid Covid-19 vaccine leave days to employees in Singapore and Malaysia

Randstad, the world’s largest staffing firm, announced that it has offered two day paid Covid-19 vaccine leave to Randstad employees based in Singapore and Malaysia.

The two days of paid leave aims to encourage more employees to participate in the Covid-19 vaccination programme. This new paid leave...