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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 with...

Malaysia – Big jump in banking and finance salaries

16 October 2014

Jobs in the Malaysian banking and finance industry are seeing an average salary increase of between +10% and +25% a year, due to strong demand for specific skills, according to the annual Employment Outlook and Salary Guide from recruitment firm Kelly Services, reports thesundaily.my

Speaking at...

Japan – Government and companies mull adopting non-hourly pay structures

16 October 2014

Many large Japanese companies, seeking to strengthen their global operations, are actively considering replacing the traditional time-based pay systems with pay structures based on results, reports thejapannews.com

The government is reported to be moving forward on designing such a system, to be...

Australia – Clarius Group appoints CEO

15 October 2014

Australian recruitment firm Clarius Group (CND: ASX) today announced the appointment of Peter Wilson to the position of Chief Executive Officer. Mr Wilson replaces outgoing CEO and Managing Director Kym Quick, whose resignation was announced in May 2014.

Mr Wilson previously held the position of Chief...

India – Central government proposes streamlining labour laws for small manufacturers

15 October 2014

India’s central government is considering introducing a unified law that will govern employment in small factories, nullifying more than 14 cumbersome labour laws, as it hopes to encourage small manufacturing units to move towards employing organised workforce, reports The Economic Times of India. ...

Kenya – Task force appointed to advise Labour Ministry on overseas recruitment firms

15 October 2014

Kenyan Labour Cabinet Secretary Kazungu Kambi has appointed a special task force to guide the Labour Ministry on how to regulate employment agencies that recruit Kenyans for jobs in foreign countries, reports allafrica.com

Mr Kambi said the 11-member team's mandate would be to advise the government...

Vietnam – Business network aims to boost female leaders

15 October 2014

Vietnam has joined a global business network in a push to boost the number of women in its corporate boardrooms, reports voanews.com.

Last week female executives, along with UK officials, gathered in Vietnam’s Ho Chi Minh City to launch the Vietnam branch of the Inspire network. A business forum...

World – Hudson Global downgrades Q3 results outlook

14 October 2014

Global talent solutions company Hudson Global (HSON: NSDQ) yesterday announced that revenue for the third quarter ending 30 September 2014 will remain flat, year-on-year, at USD 163 million, just below the range of between USD 165 million and USD 175 million announced in the company’s Q2 2014 results...

Singapore – Strong demand for financial services professionals

14 October 2014

Financial Accountants, Private Banking Relationship Managers, and Site Engineers are some of the professionals in high demand, with skilled Singaporeans often topping the candidate shortlist, according to recruitment firm Hays.

In its latest Hays Quarterly Report for October to...