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Australia – Transport sector reports jobs surge

20 October 2014

Australia’s transport, logistics, and supply chain industry is among the fastest growing sectors of the economy, according to the latest jobs research by recruitment firm Labourforce, reports fullyloaded.com.au. The company’s monthly Transport, Logistics, and Supply Chain Jobs Index showed e...


Korea – Amnesty International slams abuse of migrant workers

20 October 2014

Migrant farm workers in South Korea have become victims of rampant abuse under a “shameful” work permit system that encourages exploitation, according to a report from Amnesty International, reports freemalaysiatoday.com. The report follows a mission to South Korea by the United Nation’s spe...


India – Adecco CEO steps down

20 October 2014

The CEO and Managing Director of Adecco India, Sudhakar Balakrishnan, has announced that he is stepping down from his post, after leading one of the country's largest staffing companies for the past seven years, reports The Economic Times of India. In a statement, Mr Balakrishnan,...


Australia – Recruitment firm to leave administration and re-list

17 October 2014

After more than a year in administration, Australian recruitment firm HJB Corporation Limited (HJB: ASX), formerly Hamilton James & Bruce Group Ltd, will be reinstated to official quotation following the suspension of its securities from official trading on 2 September 2013.Following the rest...


World – Monster announces pricing of convertible senior notes

17 October 2014

Global job board Monster Worldwide (MWW: NYSE) yesterday announced the pricing of an offering of USD 125 million aggregate principal amount of its convertible senior notes due 2019 in a private placement to qualified institutional buyers.Monster also granted the initial purchasers of the notes an...


Korea – Minimum wage needs to be increased in phases

17 October 2014

South Korea needs to raise the country's minimum wage for workers in phases, so as not to create heavy costs for businesses in a short period of time, according to Finance Minister Choi Kyung-hwan, reports yohapnews.co.kr. During a parliamentary audit session, Minister Choi stated: "I a...


Vietnam – Executive demand driven by manufacturing sector

17 October 2014

Vietnam’s manufacturing sector led the field in the search for senior personnel for the third consecutive quarter, according to recruitment firm Navigos Search, reports vietnamenews.vn. In its third-quarter report, Hanoi-based Navigos Search said the manufacturing sector accounted for 17% of...


South Africa – Whistle-blowers express disbelief as sex for jobs officials reinstated

17 October 2014

Whistle-blowers have expressed disbelief after 10 hospital officials suspended following a sex-for-jobs and jobs-for-sale scandal have returned to work following a seven month suspension, reports iol.co.za. A union member stated: “We worked hard to gather information over the past couple of...


Japan – Recruit Holdings makes strong IPO debut

16 October 2014

In the second biggest share placement in Japan this year, the country’s largest staffing company Recruit Holdings (6098: JP) made a strong debut today, closing up by +7.4% at JPY 3,330 (USD 31.17), against an initial offer price of JPY 3,100 (USD 29.02). At its peak, Recruit Holdings’ shares were...


South Africa – Adcorp forecasts significant earnings growth in H1

16 October 2014

South Africa’s largest staffing firm Adcorp (ADR: JSE), yesterday advised that earnings per share (EPS) for the six months ending 31 August 2014 are expected to increase by between +564% and +582%. Headline earnings per share (HEPS) are expected to increase by between +560% and +578%, compared wi...