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Japan – Outsourcing Inc. reports growth following acquisitions

31 July 2014

Japanese staffing firm Outsourcing Inc. (2427: JP) reported revenue growth of +31% to JPY 27.1 billion (USD 264.7 million) for the six months ending 30 June 2014, up from JPY 21.4 billion (USD 209 million) last year.The company achieved an operating income of JPY 713 million (USD 7 million) for t...


Japan – Yume Technology reports growth but forecasts lower full-year net income

31 July 2014

Japanese outsourcing services company Yume Technology (2458: JP) reported revenue growth of +7.6% to JPY 2.8 billion (USD 27.3 million) during the nine months to 30 June 2014, up from JPY 2.6 billion (USD 25.4 million) a year ago.Operating profit for the period increased by +18.4% to JPY 241 mill...


South Africa – Employment Equity Act implementation criticised

31 July 2014

The official gazetting of the implementation date of the South African Employment Equity Act last week has been criticised by the Federation of African of Professional Staffing Organisations (APSO), as giving the business community insufficient time to implement any required changes.The amended a...


India – Skills shortages forcing firms to seek talent in other sectors

31 July 2014

A dearth of skilled professionals has resulted in increased cross-sector recruitment, with the trend becoming more significant than ever before, reports mydigitalfc.com.Moorthy K Uppaluri, CEO of Randstad India, commented: “Two significant shifts are seen in the hiring patterns in the staffing in...


Bahrain – Multi-lingual hotline to be set up for migrant workers

31 July 2014

A dedicated hotline, available in up to five different languages, is to be set up in Bahrain to help migrant workers, reports The Gulf Daily News. The initiative, spearheaded by the Labour Market Regulatory Authority (LMRA), will be up and running by mid-August and will be manned by trained volun...


World – Heidrick & Struggles’ revenue boosted by European growth

30 July 2014

Chicago-based international executive recruitment firm Heidrick & Struggles (HSII: NSQD) yesterday reported revenue of USD 141 million for the second quarter ending 30 June 2014, an increase of +10.7% compared with USD 127.3 million a year ago.The company reported an operating income of USD 1...


Japan – JAC Recruitment reports strong growth in healthcare staffing

30 July 2014

Japanese staffing firm JAC Recruitment (2124: JP) reported revenue during the six months ending 30 June 2014 to JPY 4.5 billion (USD 44.1 million), an increase of +26.6% from JPY 3.6 billion (USD 35.3 million) a year ago.Operating profit for the period increased by +41.1% to JPY 1.4 billion (USD...


New Zealand – Talent2 to pay millions to exit contract

30 July 2014

Australian payroll software company Talent2 will soon exit a New Zealand schools payroll contract, with the New Zealand Government preparing to take full control of the problematic project, reports zdnet.com.New Zealand Prime Minister John Keys advised that after pouring NZD 45 million (USD 38.3...


China – The right talent is in short supply

30 July 2014

The Chinese labour market continues to be affected by skill gaps at manager level, with nearly a quarter of employers in China experiencing talent shortages, according to international recruitment firm ManpowerGroup, reports China Daily.Zhang Jinrong, Managing Director of ManpowerGroup China, com...


East Africa – Rwanda, Kenya, and Uganda to set up free movement of labour agreement

29 July 2014

Rwandans, Ugandans, and Kenyans will soon be free to set up businesses across borders without any restrictions once the three East African countries have endorsed a new deal seeking to open up their job markets, reports allafrica.com.The Memorandum of Understanding (MoU) is due to be signed in Oc...