Most UK companies have introduced a pay freeze, according to the 2009 FTSE 100 Directors’ Remuneration report by executive remuneration specialist Hewitt New Bridge Street.
The report shows that around 60% of companies have responded to the downturn by freezing pay in the past year, with the median salary of FTSE 100 highest paid directors being £800,000.
US staffing employment declined by 3.5% in the second quarter of the year, compared with the first quarter, according to data from the American Staffing Association.
The research found that US recruiters employed an average of 1.9m temporary and contract workers per day from April through June and 30.2% lower than in the second quarter of 2008.
OPD made a loss of £1.268m before income tax in the six months ending 30 June 2009. This compares with a profit of £5.713m in the same period last year.
Net fee income decreased by 28% to £34m.
Be vigilant around CV verification
The trial of a man accused of murdering the head of a recruitment agency in New Inn, Pontypool, and attempting to kill three other agency employees is expected to last three weeks. Russell Carter denies murdering Kingsley Monk and the attempted murder of Monk’s Driverline 247 colleagues last October. The trial is being held at Newport Crown Court.
Executive Search and HR Consultancy PiR Group has appointed Ben Pepper as researcher to join their specialist in-house research team.
Pepper has five years’ recruitment experience, most recently in the life-science market, successfully completing senior-level projects across Europe, in pre-clinical, clinical and commercial areas.
Have all those years of hard work finally paid off? Feeling comfortable and at the top of your game? Think again.
Direct relationships between candidates and potential employers are threatening the supremacy of recruiters, according to a new survey.
Steve Woolf, support services equity analyst at Singer Capital Markets
I read that rec-to-rec Aston Taylor offer this new managed service option for recruiting. As an established rec-to-rec, I have discussed this with a
couple of other R2Rs and also a couple of my clients. This is the consensus: