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World – LinkedIn growth hampered by rising costs

2 May 2014

Online professional network LinkedIn (LNKD: NYSE) yesterday reported revenue of USD 473 million for the first quarter ending 31 March 2014, a year-on-year increase of +46% compared with USD 324.7 million a year ago.The company reported a net loss for the quarter of USD 13.3 million, a substantial...


World – Monster reports revenue decline in Q1

2 May 2014

Global job board Monster Worldwide Inc. (MWW: NYSE) yesterday reported revenue of USD 198.1 million for the first quarter ending 31 March 2014, a fall of -7% compared with USD 212 million during the same period last year.The company reported an operating loss of USD 470,000 for the three months,...


China – Tips to comply with new regulations on temporary employees

2 May 2014

International law firm Seyfarth Shaw LLP has released a set of compliance tips regarding the Interim Regulation on Labour Dispatch, which came into effect on 1 March 2014, reports mondaq.com.According to the Labour Contract Law of the People's Republic of China, enterprises receiving labour dispa...


Nepal – Government cracks down on rogue recruitment agencies

2 May 2014

The Nepalese government has launched a crackdown on rogue recruitment agencies in an effort to stamp out the exploitation of its vast migrant workforce, reports The Guardian. According to the Department of Foreign Employment, more than 200 agencies have been penalised since mid-February, wit...


Malaysia – Jobstreet offer deemed fair and reasonable

1 May 2014

Independent advisor AmInvestment Bank said that rival job board SEEK Asia’s offer to buy Jobstreet’s (JOBST: MK) online job board for MYR 1.73 billion (USD 548.3 MILLION) in cash is ‘fair and reasonable’, reports astroawani.com.In February, Australian job board SEEK announced that SEEK Asia, a ma...


Malaysia – Government committed to modernising labour laws

1 May 2014

Malaysian Prime Minister Datuk Seri Najib Tun Razak said the government was committed to modernising Malaysian labour laws, in line with the needs of a high-income economy, reports bernama.com.my.In his Labour Day message, Mr Najib said the government was currently reviewing the Industrial Relati...


Hong Kong – Labour rights still a work in progress

1 May 2014

Labour Day celebrates the achievement of workers' rights in many countries. It is also a reminder that in Hong Kong, some basic rights remain a work in progress, reports The South China Morning Post.Hong Kong introduced a minimum wage for the lowest-paid only three years ago. The issue of standar...


Australia – Elance-oDesk opens in Melbourne and Sydney

1 May 2014

Online staffing firm Elance-oDesk announced today its official launch in Australia, opening offices in Melbourne and Sydney. Elance and oDesk merged in December 2013 and have a combined global community of more than 8 million freelancers. Kjetil Olsen, Vice President International for Elance...


Middle East – Bankers miffed at low bonus payment looking to move

1 May 2014

Despite reporting a year-on-year increase, the financial sector in the Middle East is facing a bout of job-hopping not seen since the boom years of 2006/2007, as bankers look for new jobs following disappointment over bonus payments, reports eFinancialCareers. Nearly 60% of respondents to th...


Argentina – ILO Convention 181 needs ratification before informal employment can be addressed

30 April 2014

On 30 April, the Argentinian Senate will debate a bill on registered employment promotion and employment fraud prevention. The bill has been promoted by Executive power and has already obtained a majority decision in the country’s High Chamber, reports staffingamericalatina.com.Carlos Tomada, Min...