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Software firm SAP will acquire cloud-based human capital management solutions firm SuccessFactors.

SAP will hand over around $3.4bn (£2.2bn) as part of the purchase, which was unanimously approved by SuccessFactors’ board.

Outsourced services firm Resource Services Group has appointed Dr Len O’Hagan as chairman of its board.

O’Hagan is also chair of the Belfast Harbour Commissioners, chair of business consultancy OHC Corporate Advisers, chair of Rockingham Motor Circuit and vice president of the Ireland US Council, and has previously held a number of senior business positions.

Recruitment solutions provider cph has signed a recruitment process outsourcing (RPO) contract with internet service provider TalkTalk Group.

The deal came in to effect last month and an embedded cph recruitment team is working towards implementation by January.

Cognisco, a provider of employee and candidate assessments, has taken on Martin Tafft, Julian Oates and Richard Bethune to its management team.

Tafft joins the company, whose clients include Eurostar, Heathrow Express, Network Rail and John Lewis, as strategic alliance manager, Oates as projects and professional services manager and Bethune as content production manager.

Engineering recruiter Eximius Technical has launched a rail jobs sector, headed by new hire Mark Clinch.

Clinch has over 11 years’ experience in the sector, having previously been bought in to found a regional division of Ruillion Engineering Personnel.

Don’t rely solely on the internet for finding your candidates, says Steve Finkel, a recruitment industry trainer, recruiter and author.

Speaking to members of Antal International’s global network in London last week, Finkel said that if he had relied only on the internet in the past two years, he would have found only 40% of the candidates he had placed into permanent roles.

Online job demand in the UK has risen 8% year-on-year, lower than the European growth of 14%, according to the Monster Employment Index for the UK and Europe.

Julian Acquari, managing director of jobsite Monster.co.uk, has analysed the findings of the respective studies in the new issue of Recruiter, out today.

Software provider Bond International Software has launched the latest version of its recruitment software applications Bond Adapt, used by 100,000 worldwide, available through the company’s cloud-based onDemand service or onsite, Recruiter can reveal exclusively.

Insolvency, inflation and instability will dominate the global environment for some time to come conditions that will affect organisations’ ability to effectively handle their talent issues, the chief economist of The Economist Intelligence Unit (EIU) warned a London audience last week.

The recruitment industry has given its own response to the latest labour market statistics from the Office for National Statistics, which were released yesterday.

The Recruitment & Employment Confederation (REC) tentatively welcomed the drop in the number of young people out of work, which fell 79,000 to 895,000, the lowest rate since April 2009.

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