Japan – Career Bank revenue slips 2.5% as impact of pandemic continues to weigh in

Japanese staffing firm Career Bank (4834: JP) reported revenue today for the first quarter ended 31 August 2022 of JPY 1.69 billion (USD 11.7 million), a decrease of 2.5% compared to last year.

India – Info Edge acquires majority stake in Coding Ninjas

Indian job board Info Edge announced that its Board of Directors have approved a further investment into Coding Ninjas, an online learning platform in India owned by Sunrise Mentors Private.

Info Edge is investing INR 1.35 billion (USD 16.6 million) in Coding Ninjas. The investment takes Info Edge’s...

New Zealand – Thousands of university staff to stage half-day strike as pay negotiations stall (Stuff.co.nz)

Thousands of staff across New Zealand’s eight universities will stage a half-day strike this Thursday as part of strike action over failed pay increase negotiations, reports Stuff.co.nz. An estimated 7,000 academics, researchers and general staff from Auckland, Auckland University of Technology (AUT),...

Singapore – HRnetGroup to acquire majority stake in fintech startup Octomate

HRnetGroup Ltd. (HRNET:SP), a Singapore-based recruitment firm announced that HRnetGroup has entered into a sale and purchase agreement to acquire a 49% stake in fintech startup Octomate Pte Ltd from an independent seller.

The acquisition is expected to complete on or about 10 October 2022, when HRnetGroup...

Japan – Number of temporary agency workers up 2.4% in August, unemployment rate improves

Japan’s non-regular employees, which includes temporary workers, dispatch workers, contractors, part-time workers and others, totalled 21.21 million in August 2022, up 2.4% when compared to the same period a year ago, according to data from Statistics Japan.

The number of ‘dispatched workers from...

Malaysia – A third of Generation Z workers switched jobs for better work-life balance in 2022

A third, or 29%, of Generation Z respondents in Malaysia aged between 18 and 25 years old changed jobs to improve their work-life balance, according to research from Randstad Malaysia.

Randstad Malaysia noted that employees are placing more focus on workplace flexibility after the pandemic, especially...

Malaysia – Union calls on government to alleviate financial burden for workers post Covid-19 (The Malaysian Reserve)

Malaysian Trades Union Congress (MTUC) president Mohd Effendy Abdul Ghani said the government must look into the need to increase direct cash assistance and target the workforce, reports The Malaysian Reserve. The call comes ahead of Malaysia’s Budget 2023. Ghani said the government must also...

India – Employees would stay with a company longer if offered reskilling opportunities

Most, or 90%, of employees in India say that they would stay at their company longer if they could benefit more from learning and development opportunities, according to the latest Microsoft 2022 Work Trend Index Pulse Report.

The findings also showed that 60% of employees in India say there are not enough...

World – Less than half of workers say employers’ learning resources suit their needs

While most organisations worldwide are worried about skill shortages, 48% of workers believe the learning resources provided by their employers meet their requirements to allow them to upskill within their role in a constantly evolving world of work. This contrasts with 60% of employers who believe the...

India – Over 2 million employees expected to leave their jobs by 2025 (Indian Express)

While more than five million people are working in India’s USD 227 billion IT industry, the country’s biggest employment generator, the industry has seen a double-digit attrition rate of 23%-25% throughout the year 2021. It is 25.2% this year and it is predicted that the same trend is to continue...