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Hong Kong – Employees can expect a 1.6 month bonus for 2014

14 November 2013

The average performance bonus size for 2014 is the equivalent of 1.6 months of basic salary, according to the jobsDB Compensation and Benefit Survey shows. As for pay rise, the projected rate for 2014 is +3.8%. For employee benefits, family-friendly practices are not widely adopted in Hong Kong....


Japan – Livesense reports substantial Q3 improvement

13 November 2013

Japanese online recruitment firm, Livesense Inc. (6054: JP) reported revenue of JPY 1.1 billion (USD 11.05 million) for the third quarter ending 30 September 2013, an increase of +90.6% compared with JPY 570.6 million (USD 5.7 million) last year.The company attributed their substantial growth to...


South Africa – Employment services bill approved

13 November 2013

The Employment Services Bill was approved by the South African National Assembly on Tuesday. The Bill makes the country’s labour department responsible for providing public employment services free of charge to jobless South Africans, and matching job seekers with employment opportunities in the...


UAE – Emiritisation quotas are ineffective

13 November 2013

The UAE government's ‘Emiritisation’ policy is simply cosmetic and is failing to reduce the “shocking” unemployment rate among nationals, UAE lawyer Habib Al Mulla said in a speech at the Arabian Business Forum, reports the Arabian Business.Private sector employers are manipulating government quo...


Singapore – Quotas should be considered to increase board gender diversity

13 November 2013

With women making up only 6.3% of board membership in Singapore’s top 100 companies, in terms of market capitalisation, introducing a gender quota may help to improve the situation, according to executive recruitment firm Korn/Ferry International, reports Singapore Today.Alicia Yi, Managing...


Japan – Temp Holdings continues to perform well

12 November 2013

Japanese recruitment firm Temp Holdings Co., (2181: JP) reported revenue growth of +43.6% to JPY 174.4 billion (USD 1.8 billion) for the six months ending 30 September 2013 from JPY 121.5 billion (USD 1.2 billion) last year.The company achieved an operating income of JPY 7.5 billion (USD 75.7 mil...


Japan – En-Japan buoyed by improved market conditions

12 November 2013

Japanese online recruitment firm, en-japan Inc., (4849: JP) reported revenue for the six months ending 30 September 2013 of JPY 7.5 billion (USD 75.7 million), an increase of +16.3% compared with JPY 6.4 billion (USD 64.6 million) last year.The company reported an operating profit of JPY 1.6 bill...


Japan – Career Design Centre reports full year growth

12 November 2013

Japan-based HR services provider Career Design Centre Co., (2410: JP) reported revenue for the year ending 30 September 2013 of JPY 5.1 billion (USD 51.5 million), an increase of +28.1% compared with JPY 3.99 billion (USD 40.3 million) last year.The company reported an operating profit of JPY 500...


Singapore – Salaries rise faster for risk officers than in the West

12 November 2013

Salaries for banking risk and compliance officers in Singapore and Hong Kong have risen at about twice the pace this year than the pay for similar positions in New York and London firms amid a shortage of skilled staff in Asia, according to recruitment firm Robert Half.Neil Owen, Director of...


India – Employers most strict on lateness

12 November 2013

Indian employers are the strictest when it comes to turning up late for work, as 42% of employers in the country have reportedly fired an employee for being late, according to a survey from CareerBuilder.Brazil came in second, with 26% of employers having fired a staff member for coming into work...