Daily News
Labor shortage prompts more Japanese firms to use workers aged 70 and older (Nikkei Asia)
14 August 2023Companies in Japan are increasingly turning to older workers, with 39% letting employees work until age 70 and beyond in 2022 — nearly double the number a decade ago, Nikkei Asia reported. Employers are using older workers to plug a gap to fill labour shortages. The article reported those aged 65 and...
Info Edge revenue up 15.1%, cites growth in hiring outside of IT
11 August 2023Info Edge (India) Ltd. (NAUKRI:NSI), a Noida, India-based firm that operates the Naukri job board, reported revenue from operations rose 15.1% to INR 5.84 billion (USD 71.2 million) in its fiscal first quarter ended 30 June, according to consolidated results released Friday. Revenue in Info Edge’s...
HiTech Group says demand for ICT plan fuels operating revenue growth of 17.8%
11 August 2023HiTech Group Australia Ltd (HIT:ASX), a Sydney-based recruiter specializing in staffing information and communications technology professionals for the Australian government sector, reported operating revenue rose 17.8% to AUD 74.4 million (USD 49.2 million) in its fiscal year ended 30 June. HiTech announced...
Advancer Global revenue falls 0.4% in first half of fiscal year
11 August 2023Advancer Global Ltd. (43Q:SES), a Singapore-based firm, on Thursday announced that revenue in the six months ended 30 June fell 0.4% to SGD 31.4 million (USD 23.3 million).
Advancer has two core business segments: facilities management services encompassing building management and security services, and...
Plans call for New Zealand companies to report gender pay gap
11 August 2023The New Zealand government plans to make companies report their gender pay gaps. The announcement was made Friday by New Zealand Minister for Women Jan Tinetti and Associate Minister for Workplace Relations and Safety Priyanca Radhakrishnan.
It’s estimated around 900 entities with more than 250 employees...
Recruit revenue falls 2.1% with decline at Indeed
10 August 2023Recruit Holdings Co. Ltd. (6098:TYO), one of the world’s largest staffing firms and owner of job board Indeed, reported revenue fell 2.1% in constant currency to JPY 850.8 billion (USD 5.89 billion) in its fiscal first quarter ended 30 June. Revenue declined at Indeed, which saw paid job ads fall...
Persol revenue rises 9.4% with demand up in Japan
10 August 2023Persol Holdings Co. Ltd. (2181:TYO), the second-largest Japanese staffing firm, reported revenue rose 9.4% year over year to JPY 328.70 billion (USD 2.28 billion) in its fiscal first quarter ended 30 June.
The company likely benefited from positive foreign currency movements against the Japanese Yen which...
UT Group revenue falls 0.8% in fiscal Q1 as semiconductor hiring stagnates
10 August 2023UT Group Co. Ltd. (2146:TYO), a Tokyo-based firm focused on engineering and technical staffing, announced Thursday that net sales fell 0.8% year over year to JPY 41.22 billion (USD 287 million) in its fiscal first quarter ended 30 June. The company reported stagnant demand for human resources from both...
Staffing firm says suspicious emails not from company
10 August 2023Persol Holdings Co. Ltd. (2181:TYO) warned that suspicious emails purporting to be from the company have been received by individuals outside of Japan. The company, which ranks as the second-largest staffing firm in the country, warned anyone who receives such an email to delete it without opening or...
CrowdWorks revenue up 24.6%; Japanese government actions provide tailwind
9 August 2023CrowdWorks Inc. (3900:TYO), a Tokyo-based firm that provides crowdsourcing services, a platform for 'side hustles' and IT staffing, reported net sales rose 24.6% during the first nine months of its fiscal year. The first nine months ended 30 June while the full fiscal year ends 30 September.
Gross margin...