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World – Korn/Ferry reports revenue and income growth

10 September 2014

Executive search firm Korn/Ferry (KFY: NYSE) reported revenue for the first quarter ending 31 July 2014 of USD 260.3 million, an increase of +8.9% in constant currency from USD 237.6 million during the same quarter last year.

Korn/Ferry attributed the overall fee revenue increase was driven by fee revenue...

Japan – Recruit Holdings announces IPO

10 September 2014

Recruit Holdings, the largest staffing company in Japan, announced that it will launch on the Tokyo Stock Exchange on 16 October 2014, in an initial public offering worth an estimated JPY 193 billion (USD 1.8 billion), reports The Daily Mail.

Recruit said its indicative price for the offering was JPY...

Singapore – New visa policy divides recruiters

10 September 2014

A new working visa regime that was introduced in Singapore on 1 August 2014 will make it harder for companies to employ foreigners, but recruiters are divided on the long-term effect of the new legislation, reports afr.com.

Called the Fair Consideration Framework (FCF), the new legislation requires any...

India – Government planning skilled workforce database

10 September 2014

To meet the rising demand from the corporate sector for skilled workers, the Indian government is creating a national labour market database to help companies source workers, reports daijiworld.com.

J.P. Rai, Director General of National Skill Development Agency (NSDA) said: “We are at present collating...

World – ManpowerGroup: Staffing level growth forecast across APAC and the Americas in Q4

9 September 2014

The Q4 2014 Manpower Employment Outlook Survey (MEOS), forward-looking survey of over 65,000 employers across 42 countries and territories found a positive employment outlook across the Asia Pacific and Americas regions, with every country expecting an increase in staffing levels.  

Nearly 30,000...

Japan – Gakujo reports strong revenue and profit growth

9 September 2014

Japanese recruitment firm Gakujo Co. (2301: JP) reported revenue for the nine months ending 31 July 2014 of JPY 3 billion (USD 28 million), an increase of +58.5% compared with JPY 1.9 billion (USD 17.7 million) during the same period last year.

Operating profit for the period rose substantially by +504.3%...

World – Hays: Uplift in global oil & gas recruitment

9 September 2014

The number of oil & gas sector vacancies increased across all regions during the second quarter of 2014 compared with the previous quarter, with the exception of Australasia, according to the Hays Oil & Gas Global Job Index Q2 2014. 

On a year-on-year basis, all regions with the exception...

World – World Bank warns of global jobs crisis

9 September 2014

The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth, and there is no magic bullet to solve the problem, the World Bank has warned, reports AFPR.

In a study released at a G20 Labour and Employment Ministerial Meeting in Australia, the Bank said an...

India – Employers turning to temporary workers

9 September 2014

Employers added 36,000 fewer jobs in the March quarter compared with the preceding three-month period, marking the worst employment generation since April-June 2013, according to data compiled by India’s Labour and Employment Ministry, reported mint.com. While the number of employees declined by 60,000...

New Zealand - NES Global opens third overseas office in six months

9 September 2014

UK-based technical manpower specialist NES Global Talent announced that the company has opened a new office in New Zealand, following increased demand for technical and engineering talent in the oil and gas, construction and infrastructure sectors.

It is NES Global Talent’s first office in New...