India – Tata Consultancy Services surpasses Accenture to become most valued IT company in the world (Business Today)

India-based Tata Consultancy Services has surpassed Accenture again to become the world's most valued IT services company after its market capitalisation surged to USD 169.9 billion on Monday, reports Business Today.  The dramatic rise in TCS' market cap came after it crossed the USD 100 billion...

Australia – Workplace watchdog launches legal action against restaurant for casual worker underpayment

Australia’s workplace watchdog the Fair Work Ombudsman has launched legal action in the Federal Circuit Court against the former operator of an Italian restaurant in Canberra.

Facing the court is GK Food Bars & Restaurants Pty Ltd and company director Mr George Varvaritis.

The regulator investigated...

Taiwan – 104 Corp fourth-quarter revenue and profits rise

Job board 104 Corp (3130: TAI) reported operating revenue last week of TWD 413.6 million (USD 14.7 million) for the fourth quarter ended 31 December 2020, an increase of 2.6% when compared to the previous year.

The operating income and pre-tax income were TWD 67.3 million (USD 2.4 million) and TWD 69.7...

Australia – Seek Group CFO to retire

Australian job board Seek announced that its Group CFO Geoff Roberts will be retiring from his role with effect from 30 June 2021.

Roberts joined Seek in October 2015 as Group CFO. During this time, he has also been on the Board and Audit Committee Chair of Zhaopin Limited and Online Education Services,...

Philippines – Online hiring plunges 21% in December 2020: Monster Employment Index

Online recruitment in the Philippines decreased by 21% in December 2020 when compared to December 2019, according to data from the Monster Employment Index.

Overall, the Monster Employment Index (MEI) decreased to 107 in December 2020 from 136 in December 2019.

On a month-on-month basis, the Index recorded...

India – Adecco, Quess and others seek vaccination for workers on their payrolls (Economic Times)

Staffing companies in India including , Quess Corp., Manpower, Adecco, TeamLease Services and CIEL, as well as logistics firms, are exploring options to obtain Covid-19 vaccines for their workers once they become commercially available, reports the Economic Times. Many of the contract workers on the...

South Korea – Number of temporary employees down 7.5%, unemployment rate rises

The number of temporary employees in South Korea fell to 4.35 million in December 2020, down 7.5% when compared to the same period last year, according to data published by Statistics Korea.

The 7.5% decrease compared to November’s 3.3% decrease. When compared to the previous month, the number of temporary...

Australia – Seasonally adjusted unemployment rate jumps to 6.6% in December

Australia’s seasonally adjusted unemployment rate rose by 1.5% to a rate of 6.6% in December 2020, compared to the 5.1% rate in December 2019, according to data published by the Australian Bureau of Statistics.

Unemployed persons increased by 221,700 over the year to December 2020 to a total of 912,000....

World – Finding the right talent remains challenging for 40% despite ongoing pandemic

Talent scarcity remains a challenge despite the ongoing pandemic for 40% of C-suite and human capital leaders. That’s according to survey results released by Randstad Sourceright of 850 executives in 17 countries.

“2020 was certainly a tumultuous year, resulting in a global economic decline that led...

China – Job market stable in 2020, surveyed urban unemployment rate within target (China.org.cn)

China's job market remained generally stable in 2020, reports China.org.cn, citing data from the National Bureau of Statistics. In 2020, the surveyed unemployment rate in urban areas stood at 5.6%, below the government's annual target of around 6%. A total of 11.86 million new urban jobs were created...