International staffing group Adecco recorded a net loss of 22m euros (£19.7m) in the fourth quarter of 2008.
Revenue for Q4 fell 15% to 4.6bn euros as a result of what the company describes as “an exceptionally challenging business environment”.
After adjusting for a 116m euros goodwill impairment, net income was 94m euros.
HR should look to flexible working among other measures as a means of improving the representation of women at senior levels, according to recruiters.
The number of IT contractors taken on by financial institutions increased in February compared to January, according to new research.
Pre-employment screening firm Powerchex found that the number of job offers made to IT contractors rose by 11%.
HM Revenue & Customs (HMRC) has introduced new benchmark scale rates for subsistence which come into force from today.
The new rates for subsistence mean that any employer can apply for a dispensation removing the need to carry out a sampling exercise.
InterQuest has outlined details of its joint venture with IT sales recruitment business Lanborne Consulting (see Recruiter news, 21 April), the first venture under its IQ Equity Programme.
Multi-sector recruiter and managed services provider Impellam Group has announced an operating loss of £2.4m for the 12 months ending 31 December 2008. This compares with a loss of £3.4m in 2007.
Turnover was up 9.7% at £1.07bn (2007: £975.3m).
Employers need to warn higher-paid employees to exercise caution before increasing, or varying, their level of pension contributions over the next two years or face possible severe tax penalties, according to consultants Watson Wyatt.
Welfare to work provider FourstaR Employment and Skills has been chosen to deliver the government’s flagship welfare to work programme in the Birmingham and Solihull area.
The Office of Fair Trading (OFT) has published proposed changes to its guidance on directordisqualification orders in competition law cases.
More than 80% of public sector organisations think private sector workers could best fill skills shortages in their organisation, according to a new survey from Hays.