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Singapore – Public holiday hoax so workers could watch the World Cup Final

14 July 2014

The Office of the President of Singapore issued a statement confirming that it did not circulate a letter online declaring a public holiday on the day of the World Cup Final, reports channelnewsasia.com.

The online letter read: “My fellow Singaporeans, I, Tony Tan Keon Yam, President of the Republic...

Japan – Pasona reports marginal full year revenue growth

11 July 2014

Recruitment firm Pasona Group Inc. (2168: JP), one of the largest staffing firms in Japan, announced revenue for the year ending 31 May 2014 of JPY 208.7 billion (USD 2.05 billion), an increase of +0.5% compared with JPY 207.7 billion (USD 2.04 billion) a year ago.

Operating income for the year rose by...

Japan – Dip Corp reports strong growth in temporary healthcare staffing

11 July 2014

Japanese recruitment firm Dip Corp (2379: JP) reported revenue for the three months ending 31 May 2014 of JPY 4.5 billion (USD 44.4 million), an increase of +45.9% compared with JPY 3.1 billion (USD 30.6 million) last year.

Operating profit for the period rose by a substantial +720.8% to JPY 895 million...

Japan – Acquisitions and tight economy negatively impact J-Com’s results

11 July 2014

Japanese recruitment firm J-Com Holdings Ltd (2462: JP) reported revenue for the year ending 31 May 2014 of JPY 15 billion (USD 147.9 million), a fall of -1.6% compared with JPY 15.2 billion (USD 149.9 million) a year ago.

The company reported an operating profit of JPY 303 million (USD 3 million), a...

Japan – Firms near crisis point as labour shortage worsens

11 July 2014

Japan's labour shortage is nearing a crisis point in some key industries as it spreads from construction to services, reports Reuters. The crisis is curbing companies' operations, pushing up wages, and potentially crimping a tentative recovery in the world's third-largest economy.

Airlines, retailers,...

South Africa – Paying executives less won’t improve conditions for entry-level workers

11 July 2014

Dramatically reducing CEO and executive pay in the face of an ever increasing salary gap with entry-level workers would be less effective than company interventions to enhance employees’ financial well-being and make their money go further, a PwC report suggests, reports moneyweb.co.za.

In its report...

Japan – Hito Communications reports a strong growth in revenue

10 July 2014

Japanese human resources provider Hito Communications Inc. (3654: JP) reported revenue of JPY 16.8 billion (USD 165.3 million) for the nine-months ending 31 May 2014, an increase of +11.7% compared with JPY 15 billion (USD 147.6 million) for the same period last year.

Pre-tax profit for the year rose...

South Africa – Temporary jobs boosting employment

10 July 2014

There were an additional 26,090 job across South Africa in June, compared with the previous month, according to the latest figures from South Africa’s largest staffing firm, Adcorp. The growth stemmed from a +4.3% increase if temporary work and a +4.8% increase in agency work. Compared with last month,...

Singapore – Demand for talent high but recruitment process remains slow

10 July 2014

There has been a continued demand for high quality talent in Singapore during the first half of 2014, according to the H1 2014 Market Trends & Salary Report Singapore from Australia recruitment firm ambition.

Paul Endacott, Managing Director for South East Asia for ambition, commented: Singapore maintains...

Australia – SEEK: Demand up for property and construction workers

10 July 2014

The number of new job adverts in Australia increased by +0.5% between May and June 2014, buoyed by year-on-year growth in the demand for labour in the property and construction sectors, according to Australian job board SEEK.

While key economic indicators have fluctuated throughout 2014, new job advert...