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Executive search has hit “rock bottom” and it is time for search firms to fight back by marketing their services better, according to Derek Smart, the chair of the Association of Executive Recruiters (AER).

Smart told Recruiter that there was a perception among many employers that they could do executive search for themselves.

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Wainewright: code will help familiarity

A new code of practice for the cloud computing industry has been introduced by the Cloud Industry Forum (CIF).

Unemployment in Russia has fallen, according to the country’s Federal Agency for Statistics.

The data revealsunemployment rate dropped to 7.5% from 8.4% year-on-year in 2010.

Scotland’s private sector recorded job losses for a third month in a row, according to the Markit/Bank of Scotland Purchasing Managers Index (PMI).

January’s index posted a reading of 48.8, unchanged from December.

However, the seasonally adjusted index monitoring activity across Scotland’s manufacturing and service industries, rose from 36.9 in December to 52.9 in January.

HR recruiter HRi is to rebrand as Randstad HR.

HRi has been part of the Randstad group for two years and the rebranding process has already started.

Unemployment in Bulgaria rose in Q4 2010, according to the country’s National Statistics Institute (NSI).

The figures reveal unemployment now stands at 11.2% of the workforce, with 110,000 more people out of work than a year earlier.

Senior executive recruiting is at its third highest level ever due to a dramatic resurgence in demand, according to the Association of Executive Search Consultants (AESC).

UK employers predict a slight increase in hiring for Q2, according to the latest Manpower Employment Outlook Survey.

The survey reveals a national seasonally adjusted net employment outlook of +2%, offset by public sector hiring intentions of -22%. 

Accountancy firm Privilege Accounts has launched.

Set up by specialist accountants for contractors and freelance professionals – Barry Roback and Victor Stanton – Privilege will focus on providing individualised tax and accountancy services for the mid to high end of the limited company market.

The firm is based in Elstree, Hertfordshire, along with an office in Central London.

Spencer Stuart Executive Search has been selected by the Malaysian public transportation system provider to lead the search for the new chief of its mass rapid transit (MRT) system.

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