Servoca has announced that Andrew Church has been appointed the group’s new chief executive.
A statement on Servoca’s website said the former board director of multi-sector recruiter Lorien’s appointment was effective from the 24 November.
Church replaces Darren Browne, who has resigned from the board.
HR and marketing recruiter Stopgap has announced an increase in profits.
Profits after tax rose to £264,671 for the year ending 30 April 2008 from £113,385 in 2007. Operating profits fell slightly to £435,644 (2007: £452,739).
Turnover fell by 5% to £28.28m. The company says this reflects the general slowdown in the economy.
Multi-sector recruiter Hays is expanding its energy division, moving to new offices on Gracechurch Street, London.
Profits before tax at Hays fell by 18% to £100.8m for the six months ending 31 December 2008, compared to the same period in 2007. Net fees grew to £383.7m from £374.8m, however this represented a 2% fall on a like-for-like basis.
Alistair Cox, Hays’ chief executive, described the company’s performance as resilient in what he admits are “increasingly tough markets”.
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Technical recruiter Spring Group has announced a reduction of net fee income (NFI) in an interim management statement for the first quarter of 2009.
Contract business, accounting for roughly 80% of Spring’s NFI, experienced a 3% reduction, while permanent divisions accounting for around 20% of NFI, experienced a 42% decline, resulting in a 12% total reduction in NFI year-on-year.
Tough times call for different measures and recruiters are having to rediscover their lead-generation skills anew. Graham Simons investigates recruitment’s change in focus
Select group has bought US rival Westaff.
I felt compelled to write just to say AT LAST!!!!! A realistic and down to earth ‘Diary of…’ section from Sharon O’Mahoney (Recruiter, 29 April).
Recently I have been sick to death of reading a load of absolute cobblers from recruiters too afraid to write about the truth and how difficult this industry can be.