Overtime in the banking sector has almost trebled, according to a survey by banking and finance recruiter Badenoch & Clark.
Almost half (47%) of employees are putting in more hours, while over three quarters (77%) of those working longer hours are working ‘50 hours or more’ each week, compared with 17% in 2007 and 26% in autumn 2008.
Most Polish firms (52%) are continuing to hire professionals, while 30% are firing professionals and managers, according to global staffing firm Antal.
The research shows that hiring levels are the highest in the pharmacy (89%), IT & Telecom (64%) and FMCG (63%) and the lowest in automotive (22%) or real estate and building (33%).
Financial recruitment declined in April, according to the Morgan McKinley London Employment Monitor.
The outlook for Morson’s trading remains positive, according to Gerry Mason, the engineering recruiter’s chairman.
Global recruiter Hays has launched Hays Russia with the opening of an office in Moscow and the appointment of Alexey Shteingardt as managing director.
Turkey has the 7th most engaged online audience in Europe, according to data from comScore.
In April, more than 17m people in the country aged 15 and older accessed the Internet from home or work, consuming an average 3,044 pages per visitor.
Germany had the biggest online European audience with 40m visitors in April, followed by the UK (36.8m), and France (36.3m visitors).
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