More City firms (70%) expect to pay bonuses than their staff expect (52%), according to research from financial staffing specialist Ambition.
City workers expect to receive 9% of their annual salary as a bonus this year, above the 8% of annual salary that HR departments expect to pay out.
Emigration from the UK declined in 2009, according to long-term migration figures released today from the Office for National Statistics (ONS).
Legal recruiter Laurence Simons is to open an office in Rio de Janeiro.
Fernando Cavaleiro, who has over six years experience working as a lawyer with Brazilian firm Machado Meyer Sendacz e Opice, will manage the new office.
The move follows the opening of Laurence Simons’ office in São Paulo in February.
Worldwide hiring plans have improved on last year, according to Manpower’s Employment Outlook survey for Q1 2011.
The survey shows hiring plans have improved from 12 months ago in 28 of 39 countries and territories, including the G7 countries, where hiring plans are stable or improved from both the fourth quarter of 2010 and this time last year.
Recruitment-to-recruitment consultancy Aston Taylor has appointed Nicola Swinbank, Paul Bassil and Steve Singh as consultants.
Meanwhile operation director Andrea Saunders has returned from maternity leave.
Recruitment and social media training firm Talent Genius has appointed April Pryce as business development manager for the North-West.
Prycewill head up the firm’s executive recruitment division.
Recruiters have been warned to review their Contractor Compliance Protocols in case any of their UK placements are caught by new legislation.
All listed companies should have to measure their progress on improving diversity in order to boost the number of women on UK boards, according to the CBI.
Global executive search company, AIMS International, has opened an office in Lima, Peru.
New AIMS partner, Armando Cavero Guerrero, will head up the Lima office, which will also cover Bolivia and Ecuador.
Fears that today’s increase in VAT could hit the UK’s labour market hard may be “overplayed”, according to Paul Smith, senior economist at financial information services firm Markit.
Today VAT rose to 20% from 17.5%, while Labour leader Ed Milliband predicted that the move could cost the UK economy 250,000 jobs.