Profits before tax at Hays fell by 18% to £100.8m for the six months ending 31 December 2008, compared to the same period in 2007. Net fees grew to £383.7m from £374.8m, however this represented a 2% fall on a like-for-like basis.
Alistair Cox, Hays’ chief executive, described the company’s performance as resilient in what he admits are “increasingly tough markets”.
Communicating the change in work attitudes with candidates from the Generation Y group is crucial if they are to be placed in employment. Graham Simons investigates
Recruiters are extending contract lengths and adapting the way they advertise online to dramatically reduce job board exposure. Christopher Goodfellow investigates
Technical recruiter Spring Group has announced a reduction of net fee income (NFI) in an interim management statement for the first quarter of 2009.
Contract business, accounting for roughly 80% of Spring’s NFI, experienced a 3% reduction, while permanent divisions accounting for around 20% of NFI, experienced a 42% decline, resulting in a 12% total reduction in NFI year-on-year.
Tough times call for different measures and recruiters are having to rediscover their lead-generation skills anew. Graham Simons investigates recruitment’s change in focus
Select group has bought US rival Westaff.
I felt compelled to write just to say AT LAST!!!!! A realistic and down to earth ‘Diary of…’ section from Sharon O’Mahoney (Recruiter, 29 April).
Recently I have been sick to death of reading a load of absolute cobblers from recruiters too afraid to write about the truth and how difficult this industry can be.
UK-based recruiters working in the United Arab Emirates have been hit by unpaid fees as developers struggle to raise funding.
Adecco switches to Broadbean
Recruitment giant Adecco has migrated all UK job postings from Conkers to Broadbean. Broadbean integrated Conkers into its operations following its acquisition by Associated Northcliffe Digital (AND) in October.
Picture: Sarah Ziegler
Recruiters remain at their desks this morning despite the much-hyped “ludicrous and unnecessary disruption” caused by London’s tube strike.