The long-feared introduction of the Agency Workers Regulations (AWR) does not take effect until 1 October, but already the government is looking ahead to a two-year review of the legislation’s impact, Edward Davey MP, minister for employment relations, has revealed.
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International recruiter Robert Walters says it is committed to expanding into markets, which offer best prospects as revenues rise, according to its H2 results for the six months ended 30 June 2011.
The group’s results reveal:
Revenues have risen at recruitment giant Kelly Services, according to Q2 results.
The group reported Q2 revenues of $1.4bn, up 16% compared to the same quarter in 2010, while earnings from operations for Q2 2011 were $21m, compared to earnings from operations of $8m reported for the second quarter of 2010.
IT professionals need to hone their softer skills, according to research from IT recruitment website CWJobs.co.uk.
CWJobs conducted research among more than 1,000 jobseekers exploring requisite skills in the IT sector, and found that 93% think that they would be more valuable to businesses if they possessed better soft skills.
Nine in 10 senior financial services executives expect the implementation of Solvency II to push insurers to axe non-profitable products, according to a survey by interim management staffing specialist Interim Partners.
The research also shows 73% of interim managers predict an increase in consolidation within the insurance market as a result of Solvency II.
The number of recruiters using just one job board is on the rise, according to Jobsite’s summer review.
The findings show recruiters using one job board had risen to 83% in Q2 2011 from 73% in Q1.
Just 8% are using two job boards with the same percentage using three to five, compared with 14% using two job boards and 12% using three to five in the previous quarter.
A strong performance from its contract business has seen revenues rise at international recruiter Hydrogen Group.
The group’s unaudited interim results for the six months ended 30 June 2011 reveal:
· Group revenue increased by 45% to £80.0m (2010: £55.2m)
· Group net fee income) increased by 14% to £15.1m (2010: £13.2m)
Research is underway now to identify the UK’s 50 fastest-growing recruitment businesses for Recruiter’s Fast 50 2012 in association with Boxington Corporate Finance.
International recruiter Empresaria Group has seen revenues rise but group performance has not met expectations, according to results for the six months ended 30 June 2011.
The group’s results reveal:
· Revenue increased 1% to £105.2m (June 2010: £104.4m)
· Permanent revenue increased 26% and temporary staffing revenues decreased 1% year on year
Seven in 10 finance directors say their business is seeing growth, according to a survey from finance staffing specialist Robert Half.
The findings from Robert Half’s executive round-table series, reveal seven in 10 (70%) said that their business was experiencing growth, while a further 79% of those who could not report growth today predicted that it would return within the next year.