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Japan – Media5 reports year-on-year improvement

11 October 2013

Recruitment firm Media5 Co (3824: JP) reported revenue for the first quarter ending 31 August 2013 of JPY 262 million (USD 2.7 million), an increase of +% from JPY 231 million (USD 2.4 million) a year ago. Net loss for the period was JPY 4 million (USD 40,880), on par with net loss for the same p...


South Africa – Adcorp predicts an -80% drop in earnings per share for H1

11 October 2013

South Africa’s largest staffing firm Adcorp (ADR: JNB) has advised shareholders that earning per share (EPS) and headline earnings per share (HEPS) are expected to decrease by between -80% and -84% for the first half of the year ending 31 August 2013.The decrease in EPS and HEPS is due to Interna...


Brazil – Temporary Christmas rush begins

11 October 2013

With the end of the year approached and trade levels increasing there has been increasing demand for labour, particularly within production industries that are looking for more staff to meet this increased demand, reports diariodosudoeste.com.br.According to the President of the Union of Employer...


Australia – Employment rights guidance released for foreign workers

11 October 2013

Fact sheets outlining worker rights and protection in the workplace for foreign workers in Australia including international students, migrant workers and visa holders have been released, reports australiaforum.com.The documents, produced by the Fair Work Ombudsman, define foreign workers as peop...


South Africa – Permanent job market in deep crisis, temporary market more stable

10 October 2013

Job shedding in the permanent jobs market accounted for 95.4% of all job losses in September according to the latest Adcorp Employment Index. The index shows that the South African economy shed 74,523 jobs during September.The biggest job losses occurred in the permanent jobs sector, which droppe...


South America – Temporary employment study launched

10 October 2013

The Latin American Confederation of Private Employment Agencies (CLETT&A) has launched a research project in conjunction with consultation firm SEL Consultores called ‘Temporary Work as the main entrance to the formal labour market’.The study analyses young people, aged under 30, who are work...


World – Almost half of all global executives report increased compensation

10 October 2013

In the last fiscal year, 44% of executives and board members reported a rise in total compensation, according to the 2013 Executive Compensation Survey released today by BlueSteps, a service of the Association of Executive Search Consultants (AESC).The AESC BlueSteps survey of 778 executives was...


Australia – Recruitment agencies come under fire again

10 October 2013

A senior insurance broker, who has been looking for work for the past seven months, has accused recruitment agencies of discriminating against him because of his age, reports insurancebusinessonline.com.au.Having left his previous job to look after his mother and pursue new challenges, Sydney-bas...


Malaysia – Losing the talent battle with Singapore

10 October 2013

Singapore’s labour force is now ranked as the third best labour force in the world, according to the World Economic Forum’s Human Capital Report. Malaysia’s workforce comes in at a respectable 22, but still lags behind its long-time rival, Singapore, reports ValueWalk.  With Malaysia trying...


South Africa – Primeserv struggles despite revenue growth

9 October 2013

Human resources company Primeserv Group Ltd (PMV: SJ) reported revenue of ZAR 654.9 million (USD 65.5 million) for the full year ending 31 March 2013, an increase of +6.8% from ZAR 613.1 million (USD 61.4 million) during the previous year.Comprehensive loss for the year ending 31 March 2013 was Z...