Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

Australian workers back-paid $320 million to over 250,000 underpaid workers

26 October 2023

Australia’s Fair Work Ombudsman recovered AUD 509 million (USD 321.0 million) for 251,475 underpaid workers in 2022-23, the second consecutive year of more than half a billion dollars in underpayments recovered.

The recoveries detailed in the workplace regulator’s newly published Annual Report are...


104 Corp Q3 revenue rises 8.1% as profits trend upwards

25 October 2023

104 Corp. (3130:TAI) last week reported operating revenue for the third quarter of 2023 amounted to TWD 628.7 million (USD 19.4 million), an 8.12% year-over-year increase, setting a new quarterly revenue record.

The group’s unaudited third quarter financials also showed operating income and pre-tax...


Over half of New Zealand employers use counteroffers to keep valued staff: Hays

25 October 2023

Over half of New Zealand employers consider counteroffering resigning staff as they look to retain their strong performers, according to survey research from Hays.

The Hays survey showed that while 4% of employers always counteroffer resigning staff, another 50% do so depending on the individual.

“In...


TCS to revise rates for staffing firms (Live Mint)

25 October 2023

Indian IT services firm Tata Consultancy Services (TCS) is revising the rates it pays to about 1,000 staffing firms for every engineer deployed, the first such revision by the company in the past six years, reports Live Mint. The Mumbai-based company communicated to the staffing firms last month that...


Australia’s Centrelink jobseeker payments suspended more than 450,000 times in three months (The Guardian)

25 October 2023

Jobseekers in Australia had their Centrelink payments suspended more than 450,000 times in the September quarter for not meeting their mutual obligations, reports The Guardian, citing data from Services Australia. The data shows the majority of payment suspensions are related to mutual obligations, the...


Freelancer Q3 cash receipts rise 1.2% despite decline in Escrow.com

24 October 2023

Freelancer Limited (FLN: ASX), which operates the Australia-based Freelancer.com talent platform, reported group cash receipts for the third quarter ending 30 September 2022 of AUD 13.7 million (USD 8.7 million), up 1.2% on the previous corresponding period.

The Freelancer Group primarily consists of...


Airtasker Q1 revenue up 5.6% as it delivers positive EBITDA

24 October 2023

Australia-based talent platform Airtasker reported revenue today for the first quarter ended 30 September 2023 of AUD 11.1 million (USD 6.7 million), up 5.6% over the prior year period. Airtasker primarily services the B2C market allowing consumers to hire freelancers to complete tasks, although businesses...


Australia’s unemployment rate remains steady at 3.6% in September amid a tight labour market

24 October 2023

Australia’s seasonally adjusted unemployment rate stood at 3.6% in September flat when compared to the same period last year, according to the latest data from the Australian Bureau of Statistics.

On a monthly basis, the seasonally adjusted unemployment rate declined by 0.1%

The total number of unemployed...


Ministry of Manpower introduces mandatory hourly breaks for some outdoor workers during hotter weather (Channel News Asia)

24 October 2023

The Ministry of Manpower (MOM) in Singapore introduced new rules that aim to protect outdoor workers from the risks of heat stress, reports Channel News Asia. Among these enhanced measures, which take effect immediately, is a compulsory 10-minute break every hour for workers carrying out ‘heavy physical...


Ignite Q1 revenue down 9% due to shift in focus away from high volume, low margin assignments

23 October 2023

Australian recruitment firm Ignite (IGN:ASX) reported revenue on Friday of AUD 26.3 million (USD 16.5 million) for the first quarter ended 30 September 2023, down 9% compared to the same period last year, according to the company’s quarterly activity report.

Gross profit of AUD 3.03 million (USD 1.90...