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
Human capital management solutions provider StepStone has agreed a contract with MTV Networks.
The deal will see StepStone’s e-recruitment solution rolled out across the television network.
Recruitment firms looking for experienced personnel to help them through the toughest climate in decades are turning to non-executive directors (NED).