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Southeast Asia – Asean Economic Community to add jobs but deepen skills shortages

21 August 2014

A plan by Southeast Asian countries to establish a European Union-inspired single market next year could worsen inequality and is likely to benefit men more than women, according to the "Asean Community 2015: Managing Integration for Better Jobs and Shared Prosperity" report launched by ILO...

Australia – Rising costs temper SEEK’s full year profits

20 August 2014

Australian job board SEEK (SEK: ASX) reported revenue of AUD 724.2 million (USD 675.3 million) for the year ending 30 June 2014, an increase of +37.4% compared with AUD 527.1 million (USD 491.5 million) last year.

The company achieved a profit from continuing operations of AUD 198.4 million (USD 185 million),...

China – Zhaopin reports growth and acquisition

20 August 2014

Chinese job board Zhaopin (ZPIN: NYSE) yesterday reported revenue of RMB 283.6 million (USD 46.1 million) for the fourth quarter ending 30 June 2014, an increase of +18.1% compared with RMB 240.2 million (USD 39 million) during the same period last year.

The company achieved gross profit growth of +19.8%,...

Japan – Despite unhappiness, workers still not motivated to find new jobs

20 August 2014

Japan has a relatively high percentage of workers who are unhappy with their careers, but falls below the global average when it comes to the number of people who are actively seeking new jobs, according to a survey from LinkedIn.

The survey revealed that 7% of Japanese respondents to the survey said...

Malaysia – Government takes steps to boost female employment

20 August 2014

Women in Malaysia who have stopped working to raise their families are being enticed to re-join the labour market as the country tries to boost Southeast Asia’s lowest female workforce participation rate, reports themalaymailonline.com.

Rohani Abdul Karim, Minister for Women, Family and Community Development,...

Malaysia – Workers buying fake sick notes

20 August 2014

The top three reasons given by employees when submitting medical certificates were that they were in no mood to work, felt burnt-out, and they were faking sickness to attend job interviews, according to a recent survey conducted by job board JobStreet, reports bernama.com.my.

JobStreet advised that these...

Asia Pacific – A fifth of employees have some form of background discrepancy

20 August 2014

With increasing numbers of multinational companies expanding their footprints in Asia Pacific, the challenges associated with hiring the right candidate have increased. Some of the key challenges include continually changing regional legislation surrounding anti-corruption, data privacy, and consumer...

Australia – Chandler MacLeod reports profit growth in declining market

19 August 2014

Australian recruitment firm Chandler MacLeod Group (CMG: ASX) reported revenue for the year ending 30 June 2014 of AUD 1.4 billion (USD 1.3 billion), a decrease of -9.4% compared with AUD 1.5 billion (USD 1.4 billion) a year ago.

The company attributed the decline in revenue to a fall in contractor hours...

Australia – HiTech profit impacted by stock market investments

19 August 2014

In a brief trading statement released today, Australian ICT staffing company HiTech Personnel (HIT: ASX) reported revenue of AUD 8 million (USD 7.5 million), equating to growth of +9.1% for the full year ending 30 June 2014.

The company reported gross profit of AUD 1.2 million (USD 1.1 million), a decrease...

Japan – Amendments to Worker Dispatch Act expected

19 August 2014

Amendments to Japan’s Worker Dispatch Act of 1985 are expected to be approved and become effective in 2015, according to international law firm Sidley. These amendments could have a significant impact on the personnel policies and workforce management of companies in Japan. The most significant amendment...