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The chief executives of Hexagon Human Capital and Hudson/Europe exited their respective companies during August. At Hexagon, departing CEO Jonathan Wright (top left) stepped down as the group of companies announced it would refocus strategy on day-to-day operational management and away from the ‘buy and build’ growth model it had adopted in better times.
Recruitment giant Adecco appears to be on the verge of completing its proposed purchase of technical recruiter Spring. Following an announcement on 11 August regarding Adecco’s recommended cash offer, Spring has posted a circular to all its shareholders containing details of the court-sanctioned purchase.
The UK’s Jobcentres aren’t working and must be urgently reformed to tackle rising unemployment, according to the Federation of Small Businesses (FSB). In a survey of 2,500 FSB members, 34% said they found Jobcentre Plus ineffective or very ineffective, while another 49% did not even know if it worked well or not.
The slowdown in jobs has conversely led to recruiters taking on extra staff to deal with the hike in candidates approaching agencies. Christopher Goodfellow reports
It was interesting to see the recent research from Morgan McKinley showing that the number of new job vacancies in financial services fell by 65% in December (‘War not over - nature of conflict has changed’, Recruiter, 21 January).
Capita has acquired healthcare information and quality improvement firm CHKS from Healthcare Knowledge International for £11.6m.
Commenting on the deal, Paul Pindar, chief executive of Capita Group, says the acquisition will add important new expertise to Capita’s range of health services and further demonstrates the company’s commitment and investment in the health sector.
Insurance group Aviva has selected professional recruiter Spring Group as UK master vendor to supply all its business change and IT contingent workers.
Representing £50m of Aviva’s resourcing spend, the service went live in January, initially for three years, and will drive cost reductions, quality improvements and compliance to FSA regulations.
Contract sales organisation (CSO) and healthcare recruiter STAR has secured financial backing from Dragons’ Den investor James Caan.
Caan is now a shareholder and investor in STAR and will act as a non-executive director on its board.