Andrew Church, chief executive of Servoca, has received share options on 4.4m ordinary shares of 1p each, based on the performance of the company’s share price.
Under the terms of an agreement between Church and Servoca’s Employee Benefit Trust, the CEO will receive any excess in the value of these shares above 20p a share.
The reduction in revenues has meant that recruiters have had to review their business models to ensure that they survive what some describe as the largest economic depression they are ever likely to encounter.
A freeze on beer tax duty could save 7,500 jobs in Britain’s pubs over the next year, according to the British Beer & Pub Association (BBPA).
The BBPA says such a move would help support British pubs and brewing, with 400,000 UK jobs depending directly on the production and sale of beer.
Following British Airways workers’ ‘yes’ vote on strike action, think tank Progressive Vision has called for an end to a ban on hiring replacement agency workers during industrial action.
Yesterday 80.7% of Unite union members, who returned their ballot forms, voted yes to industrial action on a 78.7% turnout.
Hays Pharma is to open an office in Singapore.
The new office adds to the four other Hays Pharma offices in China (Shanghai, Beijing), Japan and Australia.
Cutting the 50% university student target, as well as gradually increasing student top-up fees, are among the proposals from the Association of Graduate Recruiters (AGR).
The AGR’s manifesto for graduate recruitment also calls for:
The social care sector is facing a huge increase in jobseekers registering an interest in working in the sector, according to new figures from the UK Homecare Association (UKHCA).
Some in the recruitment industry have failed to realise that managing by fear is ultimately self-defeating
More than six in 10 (61%) interims claim cutting costs is the biggest issue facing their most recent employer, according to a survey from independent interim provider Alium Partners.
Most graduates think that looking for jobs online is more effective than newspaper adverts, according to research from GradFutures.com.
The poll of 453 British students and recent graduates found that 92% thought searching for jobs online was more effective over newspaper adverts.