The rate of decline in the UK labour market is slowing, as both temporary billings and permanent placements fell at the slowest speed for months.
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The recession has devalued listed recruiters while boosting the amount of cash on their books, setting the scene for mergers and acquisition activity.
According to research from corporate advisors John East & Partners, a decrease in the number of temporary and contract staff has reduced the need for working capital, building up balance sheets across the sector.
Tim Cook spoke to Colin Cottell about his plans for Hays beyond the tough times of recession
James Wellesley Wesley
David Leigh has been chosen to succeed John Bateson as chief executive of assessment company SHL Group.
With introduction fees often being the crux of recruitment, Colin Cottell looks into the disputes and problems with who actually owns a candidate’s CV
Recruiters’ revenues have been falling since summer 2008 and this trend has affected profitability. According to BDO Stoy Hayward’s review of the latest data outputs from Recruitment Industry Benchmarking (RIB), members are now seeing falling margins in addition to a reduction in
business.
What is causing this and how should they react?
The Blitz spirit in business is all the more relevant, so rather than digging in and waiting for the recession to end, go out there, find new
opportunities and put your competitors under pressure