Japan – Gakujo reports sales up 8.9% in fiscal year

Gakujo Co. Ltd. (2301:TYO), an Osaka, Japan-based firm focused on matching students and younger workers to jobs, reported sales rose 8.9% in its fiscal year ended 31 October.

Total sales for the year was JPY 6.77 billion (USD 45.9 million).

World – VMS provider Coupa to be acquired by Thoma Bravo

Coupa Software Inc. (NASDAQ: COUP), a business spend management software provider that also operates a VMS, struck a deal to be acquired by Thoma Bravo, a software investment firm for $81 per share.

This is an all-cash transaction with an enterprise value of $8.0 billion. Following the deal, San Mateo,...

Australia – Supermarket operator Coles weighs in on standards for seasonal workers (The Sydney Morning Herald)

Australian supermarket company Coles is calling for uniform housing standards for seasonal farm workers and rules against unfairly docking their pay in a report that took aim at the horticultural sector’s reliance on outsourcing workers, The Sydney Morning Herald reported. The report released by Coles...

Japan – Government weighing legislation as number freelancers proliferate (The Japan Times)

The Japanese government is looking into the impact of freelance work as the number of freelancers in the country continues to grow and weighing possible legislation to protect independent workers, The Japan Times reported. “More data related to freelancers have been accumulated. We know more about...

Australia – Farms and labour hire providers face legal fines

Farms and labour hire providers in Australia were fined a combined AUD 78,362 (USD 53,206) for breaching pay slips and record-keeping laws in the last year, Australia’s Fair Work Ombudsman announced Friday.

“Record-keeping is the bedrock of compliance,” Fair Work Ombudsman Sandra Parker said. “Employers...

Taiwan – 104 Corp. revenue rises 9.9% in November

104 Corp. (3130:TAI), a Taipei-based firm that provides online job advertising, on Friday announced consolidated revenue for the month of November rose 9.9% year over year to TWD 175.9 million (USD 5.7 million).

Revenue for the year so far rose 19.66% to TWD 2.01 billion (USD 65.0 million).

Along with...

Japan – Staffing firm GiG Works revenue up 8.3% in fiscal year

GiG Works Inc. (2375:TYO), which ranks as the 30^th-largest staffing firm in Japan, announced Friday that sales rose 8.3% in its fiscal year ended 31 October to JPY 22.93 billion (USD 155.5 million).

Gross margin narrowed at the Tokyo-based company while net income fell 46.4%.

GiG works provides personnel...

Australia – GO2 People updates full-year revenue forecast

GO2 People Ltd. (GO2:ASX), a provider of vertically integrated recruitment and building services in Australia and New Zealand, today forecast full-year revenue will be in excess of AUD 90 million (USD 61 million).

GO2 People previously released a forecast on 2 September 2022 that called for full-year...

World – Average time to hire is 32 days, report says

The average time companies take to hire a candidate is 32 days and the average time to reject a candidate is 16 days, according to data from Oorwin, a Texas-based provider of front-office software to staffing firms.

To calculate the average time, Oorwin used the time from the initial call with the candidate...

New Zealand – Seasonally adjusted number of filled jobs rises 0.8% in September quarter

The seasonally adjusted number of filled jobs in New Zealand during the September 2022 quarter was up 0.8%, or 17,061 jobs, from the previous quarter ended in June, according to data released today by Stats NZ.

By industry, the largest changes in seasonally adjusted filled jobs were in:

• Transport,...