HM Revenue & Customs is stepping up its inspections of recruiters and umbrella companies, according to a lawyer who specialises in the recruitment industry.
Kevin Barrow, a partner at Blake Lapthorn, told Recruiter that as part of HMRC’s ongoing review it was focusing on whether travel, subsistence and accounting expenses are being correctly paid.
HR solutions provider Kenexa has launched Kenexa Recruiter BrassRing, a software-as-a-service (SaaS) solution designed to drive down costs by sourcing and tracking candidates through the recruitment process.
The system includes new portal pages and a data insight tool to allow end users to develop reports for improved visibility and optimisation of the recruiting processes.
Profits at multi-sector recruiter HR GO were boosted by the sale of Human Engineering, one of its subsidiary companies during the year.
Although after tax profits for the year ending 31 December 2008 rose to £1.58m compared with £715,000 in 2007, after taking receipts from the sale of Human Engineering into account, operating profits actually declined from £1.59m in 2007 to £496,000.
Simply jumping on the next money-spinning specialism by moving into a new sector does nothing for the industry’s image
Banking and financial vacancies continued to rise in May, according to Morgan McKinley’s London Employment Monitor.
The Monitor reveals that the number of new job vacancies within the City jumped by 14% compared with April.
However, there were 62% fewer new job opportunities coming onto the market than a year ago.
Profits at rec-to-rec firm McCall fell slightly in the year to the end of December 2008 compared to the previous year.
Profits after tax were £209,080 compared to £230,564 in 2007.
Turnover rose from £1.5m to £1.69m.
Disneyland Paris is bringing its Europe-wide recruitment campaign to London this week to source jobs in sales, hotel and hospitality. This year, nearly 7,000 jobs are available in diverse professions at the theme park.
British employees represent the third largest community at Disneyland Paris, after French and Italians.
The market is currently trading sideways after a strong run over the last two quarters. We are starting to see some green shoots of recovery in the economy and investors are split between those who think the rally will continue and those who think the market is running out of steam.
In spite of a very difficult market, Huntress continues to deliver strong results, with its first six months of 2009 reflecting healthy profits in each of its trading divisions.
Paul Venables