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Australia – Drop in oil & gas wages may benefit the industry

10 February 2015

The average wage for Australian oil & gas sector professionals decreased by nearly 20% to USD 132,000, down from USD 165,000 last year, according to a survey from recruitment firm Hays, reports abc.net.au.The low oil price, currently around USD 49 a barrel, has had a fairly immediate impact o...


South Africa – Extremely inflexible labour market hampering economic growth

10 February 2015

Bold action is needed to address the problems facing South Africa’s labour market, according to Edward Parker, Managing Director for Europe, the Middle East, and Africa (EMEA) for ratings agency Fitch, reports cnbcafrica.com.He told CNBC: “One of the reasons why unemployment is so high in South A...


South Africa – Adcorp forecasts full year earnings growth

9 February 2015

Adcorp (ADR: JSE), South Africa’s largest staffing firm, on Friday advised that the group expects an improvement of at least 20% in both headline earnings per share (HEPS) and earnings per share (EPS) for the year ending 28 February 2015.EPS is calculated as the portion of a company’s profit allo...


Australia – Job adverts up for eighth consecutive month

9 February 2015

There were 13.6% more jobs advertised in Australia during January 2015 compared with the same month last year, according to the latest figures from ANZ Bank’s job ads survey. The latest rise marks the eight consecutive monthly increase in job ads compared with last year and the strongest increase...


India – Recruitment start-up secures additional funding

9 February 2015

Indian recruitment start-up myNotcePeriod.com announced that it has secured just under USD 3 million in Series A funding from technology-focused venture capital fund IDG Ventures India, reports e27.co.Abhijit Khasnis, Co-founder and COO of myNoticePeriod, told e27: “The funds will be used to enha...


Bahrain – New crackdown on “free” visas

9 February 2015

A renewed crackdown on Bahrain's illegal visa black market is due to commence within a matter of weeks, according to the Gulf Daily News.There are thought to be tens of thousands of illegal foreign workers in the country. Many buy employment permits, even though, there is no guarantee of work, be...


Japan – Office/clerical recruiter WDB Holdings reports growth

6 February 2015

WDB Holdings (2475: JP), a Japanese recruitment and HR services company, reported revenue for the nine months ending 31 December 2014 of JPY 20.4 billion (USD 173.9 million), an increase of 7.6% compared with JPY 19 billion (USD 161.8 million) during the same period a year ago.   ...


Japan – Technical recruiter Trust Tech reports strong H1 revenue growth

6 February 2015

Trust Tech (2154: JP), a Japanese technical recruitment company, reported revenue of JPY 9.9 billion (USD 84.4 million) in the six months to 31 December 2014, an increase of 17.8% from JPY 8.4 billion (USD 71.6 million) during the same period last year.   01/07/14 – 31/12/14 01/07/1...


Japan – P&P Holdings reports lower profit

6 February 2015

P&P Holdings (6068: JP), a Japanese temporary recruitment and outsourcing company, reported revenue for the nine months ending 31 December 2014 of JPY 19.2 billion (USD 163.6 million), a decrease of 0.7% from JPY 19.3 billion (USD 164.5 million) during the same period last year.   ...


Singapore – Online work set to grow in 2015, according to Elance-oDesk

6 February 2015

Online work is allowing millions of businesses and independent professionals in Singapore and across the world to find each other and work together via the internet, according to the 2014 Global Online Work Report from online workplace Elance-oDesk.Rich Pearson, Senior Vice President of Categorie...