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India – Temporary staffing set to boom but legal framework needs reform

3 November 2014

Organised flexible staffing in India is expected to reach nine million workers by 2025, up from 1.3 million at present, according to the President of the Indian Staffing Federation (ISF) Rituparna Chakraborty writing for The Hindu Business Line. By enabling companies to focus on the core act...


Australia – Growth in job adverts slows in October

3 November 2014

The number of jobs advertised across Australia during October 2014 rose by +7.5% compared with the same month last year, according to the latest figures from the ANZ Bank’s job advertisement survey. The latest rise marks the fifth consecutive increase in job adverts compared with last year.Month-...


Japan – Job availability worsens as companies more reluctant to hire

3 November 2014

Japan's job availability worsened in September for the first time in more than three years, signalling that companies are more reluctant to hire additional workers following April's [sales] tax hike, reports globalpost.com. The ratio of employment offers to seekers fell to 1.09 from 1.10 in...


Singapore – Slowest employment growth in two years

3 November 2014

Singapore experienced the slowest pace of employment growth in two years last quarter, weighed down by weak global growth and painful economic restructuring, reports business.asiaone.com. Expert, however, say this could become the norm over the next few years, given the maturing economy and restr...


Japan – SMS’ investments in efficiency savings temper H1 profits

31 October 2014

Japanese healthcare staffing provider SMS Co Ltd (2175: JP) reported revenue growth of +16.7% to JPY 7.5 billion (USD 68.8 million) for the six months ending 30 September 2014, up from JPY 6.4 billion (USD 58.7 million) a year ago.Operating profit for the period decreased by -2.9% to JPY 1.29 bil...


Japan – Quick Co achieves strong H1 growth

31 October 2014

Japanese recruitment firm Quick Co Ltd (4318: JP) reported revenue growth of +15.5% to JPY 5.8 billion (USD 53.2 million) for the six months ending 30 September 2014, up from JPY 5 billion (USD 45.8 million) last year.Operating profit for the period was JPY 1.1 billion (USD 10.1 million), an incr...


Australia – Rubicor Group reports Q1 growth

31 October 2014

Australian recruitment firm Rubicor Group Ltd (RUB: ASX) in a trading update yesterday reported revenue growth of +3.6% to AUD 53.5 million (USD 47 million) for the first quarter ending 30 September 2014. Underlying EBITDA for the period rose by +29.9% to AUD 700,000 (USD 615,552).  Acc...


Singapore – Adcorp setting up Southeast Asian hub and planning to buy

31 October 2014

South Africa’s largest staffing firm Adcorp (ADR: JNB) is in the process of setting up its Southeast Asian hub in Singapore, with the ambition of creating one of the first recruitment firms “of consequence” in the region, reports financialmail.co.za. Adcorp’s Chief Executive Officer, Richard...


India – Foreign professional numbers falling

31 October 2014

The number of foreign professionals working in India decreased by -11% in the first nine months of 2014, compared with the same period in 2013, according to a survey from recruitment tendering platform MyHiringClub.Com, reports business-standard.com. There were 9,000 fewer foreign...


Japan – Strong growth in healthcare staffing boosts JAC Recruitment’s results

30 October 2014

Japanese staffing firm JAC Recruitment (2124: JP) reported revenue during the nine months to 30 September 2014 of JPY 6.9 billion (USD 63.8 million), an increase of +29.2% compared with JPY 5.4 billion (USD 49.9 million) during the same period last year.Operating profit for the period rose by +37...