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World – Female CEOs more likely to fail

12 May 2014

Only 5% of Chief Executives of the world’s biggest companies are women and they are more likely to be sacked than their more numerous male colleagues, reports The Economist. Of the female CEOs who left their jobs over the past ten years, 38% were forced to go, compared with 27% of men.This is the...


World – Best and worst countries for paid sick leave

12 May 2014

When it comes to paid sick leave entitlements, Australian employees are doing better than their counterparts in the United States, according to hcamag.com. In Australia, sick leave is deemed a type of personal leave under the National Employment Standards and full-time employees are entitled to 1...


Japan – Adecco’s Spring Professionals opens local office

12 May 2014

Spring Professional, a wholly owned subsidiary of the Adecco Group, today opened its first office in Japan. Under the brand names of Spring Information Technology and Spring Engineering, the company will have an exclusive focus on the recruitment of mid-to-senior level management and special...


Japan – WDB Holdings fails to meet full year earnings forecast

9 May 2014

Recruitment and human resource services company WDB Holdings Co. Ltd (2475: JP) reported revenue for the year ending 31 March 2014 of JPY 25.5 billion (USD 250.6 million), an increase of +4.8% compared with JPY 24.3 billion (USD 238.8 million) last year.The company reported an operating profit of...


World – CTPartners reports strong Q1 growth

9 May 2014

Global executive search firm CTPartners (CTP: NYSE) reported revenue for the first quarter ending 31 March 2013 of USD 39.9 million, an increase of +37% compared with USD 29.2 million for the same period last year.The company achieved an operating income of USD 1.7 million for the period, a subst...


Australia – Demand for IT executives up but market volatility returns

9 May 2014

The volatility that characterised senior executive employment in the IT sector last year has started to return, according to the EL Consult Executive Demand Index, reports itwire.com. The emerging signs of volatility come just as employment prospects across all business and industry sectors for A...


India – Online recruitment up by +11% in April

9 May 2014

Online recruitment in India rose by +11% in April, year-on-year, indicating that the positive trend for job opportunities will continue in the coming months, according to job board Monster.com, reports siliconindia.com.There has been a consistent improvement in online recruitment since the start...


Singapore – Women, retirees, and ex-cons needed in the labour market

9 May 2014

In Singapore’s notoriously tight labour market, employers need a change of mind-set in order to stay afloat as the manpower crunch becomes a fixture of economic restructuring, reports The Straits Times.The raising of levies and the imposition of higher salary criteria for foreigners to qualify fo...


Japan – Meitec revenue up but income falters

8 May 2014

Japanese engineering staffing firm Meitec Corp (9744: JP) reported revenue for the year ending 31 March 2014 of JPY 74.9 billion (USD 736.7 million), an increase of +6.5%, compared with JPY 70.3 billion (USD 691.5 million) last year.The company reported an operating income of JPY 7 billion (USD 6...


World – Weak North America impacts Kelly’s Q1

8 May 2014

US-based international recruitment firm Kelly Services (KELYA: NASDQ) reported revenue for the first quarter ending 31 March 2014 of USD 1.33 billion, an increase of +1.2% compared with USD 1.31 billion last year.Gross profit for the period rose by +2.5% to USD 222.3 million, up from USD 216.9 mi...