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Malaysia – SEEK completes acquisition of JobStreet

21 November 2014

Australian job board SEEK (SEK: ASX) announced today that SEEK Asia, a majority owned subsidiary, has finalised the acquisition of 100% of the online employment business of Malaysia-headquartered JobStreet.The total consideration paid by SEEK Asia was MYR 1.89 billion (USD 586 million).SEEK plans...


Singapore – Bosses open to upping re-employment age, business groups more wary

21 November 2014

Despite warnings from business groups that the legislation could raise employers’ costs, companies have shown a general acceptance of new legislation to raise the re-employment age from 65 to 67 in early 2016, reports The Straits Times. Under the Retirement and Re-employment Act (2012), empl...


Korea – Thousands of temporary workers strike, demanding permanent jobs

21 November 2014

Approximately 20,000 non-regular school workers launched a two-day strike yesterday citing unfair employment practices and demanding to be hired as full-time staff, reports The Korea Herald. The workers, who make up about 30% of the three major unions for contract school workers nationwide,...


World – Randstad partners with Williams launches Formula One engineering academy

21 November 2014

Formula One (F1) race team Williams have partnered with existing sponsor Randstad to launch a new engineering academy in a bid to nurture the next generation of F1 engineers. The scheme will see Williams mentor up to 10 students each year in a long-term extra-curricular programme. The Randst...


India – Government’s focus on jobs positively impacting jobs market

20 November 2014

Online recruitment across India increased by +16% in October, compared with the same month last year, according to the Monster Employment Index.The employment index for October 2014 was 144, down from 153 in September 2014, but up strongly compared with an index of 124 during October 2013. The Mo...


Japan – Business lobby to call on companies to raise wages

20 November 2014

The Japan Business Federation, or Keidanren, will encourage wage increases in its guidelines for management when the annual spring labour negotiations begin next year, reports asia.nikkei.com. The Federation aims to draw on corporation, individuals, and local commerce to support corporate ac...


Australia – Improvement showing in the job market

20 November 2014

Following months of negativity, concerns about historically high unemployment rates, and skewed job figures; data from Australia’s Department of Education, Employment, and Workplace Relations (DEEWR) showed that job vacancies increased by +12% between October 2013 and October 2014, reports busine...


New Zealand – Employer caught abusing tea break law already

20 November 2014

A New Zealand employer has been caught abusing the country’s newly passed law mere weeks after it was approved by Parliament, In addition to other things, the legislation removes workers’ legal right to tea breaks, reports scoop.co.nz. The so-called “tea break law” was passed at the end of O...


Japan – Recruit Holdings invests in US-based virtual assistant service provider

19 November 2014

Recruit Holdings earlier this week announced that it had invested in Las Vegas-based company Zirtual, which uses crowdsourcing techniques to provide a virtual assistant service to corporate executives.  Through the investment, Recruit Holdings, together with Zirtual, plans to increase the pr...


Australia – Financial services workers move job for career progression

19 November 2014

Australians working in the financial services sector believe they will have to move jobs to improve their chances of career progression, according to the Robert Walters Pay and Bonus Survey, reports moneymanagement.com.au.The survey found that 45% of accountants and financial services professiona...