International IT recruiter InterQuest Group plans to focus on “strong operational management” as it posts increased revenues for the six months ended 30 June 2011.
The group’s results reveal:
· Revenue up 10% to £61,057,000 (2010: £55,332,000)
· Net Fee Income up 11% to £7,812,000 (2010: £7,035,000)
· Adjusted EBITA up 2% to £1,761,000 (2010: £1,730,000)
Escape the City, a careers service which offers unfulfilled finance professionals a route into more meaningful employment, has launched a US-based website.
The US site, operated from New York, is led by Mikey Howe, an ex-Merrill Lynch investment banker, who decided to quit his job to take the role.
The number of new City jobs fell in August, according to the latest Morgan McKinley London Employment Monitor.
The Monitor registered registered an 18% month-on-month drop in job opportunities from 4,977 to 4,095. Compared to August last year, this was also a fall of 26% from 5,544 available roles.
Outgoing Empresaria chief executive Miles Hunt is to take an advisory/part-time role at peer-to-peer business learning forum Elite Leaders.
The polarisation of the recruitment process outsourcing (RPO) market is set to continue, leaving companies in the middle facing the biggest challenge, according to Chris Herrmannsen, chief executive of RPO Ochre House.
Multi-sector recruiter Jark has strengthened its team with new hires.
Jark Driving Bellshill welcomes Keir Mcintyre as a consultant and Jark Industrial Edinburgh has recruited a trainee recruitment consultant, Blair Johnstone.
More than half of UK firms expect to increase headcount in the next two years with a focus on a flexible workforce, according to research from global workplace provider Regus.
The figures reveal an increase on the 34% of last year’s survey, with a focus on the recruitment of low-risk, flexible workers, including freelancers, remote staff and new graduates.
Nine out of 10 (89%) City finance professionals expect to receive a bonus this year, according to research from eFinancialCareers.
Of those anticipating a bonus this year, nearly half (46%) expect it to be higher in comparison to last year’s, just under three out of 10 (28%) expect a decrease, and a quarter (25%) believes it will remain the same.
Scouts make better employees, a survey of over 2,500 Scouts, former scouts and external organisations to mark Scout Community Week has shown.
41% of employers surveyed agreed that scouting is a positive influence on firm’s decisions to employ.
Two recipients of Regional Growth Fund (RGF) grants will create 162 jobs across two projects, it has been announced this week.
Earlier this week, Middleport Pottery – the UK’s last working Victorian pottery – was awarded an RGF grant of £1.7m alongside £5m further funding, which will create more than 100 new jobs in Stoke-on-Trent.