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World – Singapore tops list for most competitive economies in the world

29 May 2019

Singapore topped the list for the most competitive economies in the world, pushing out the previous leader USA, to the number two position, according to the IMD World Competitiveness Rankings for 2019.

The IMD World Competitiveness Center, a research group at IMD business school in Switzerland, has published...


India – Info Edge Q4 revenue rises and net profit positive, acquires Highorbit Careers

28 May 2019

Info Edge India Ltd (NAUKRI:NSI), the Indian job board, reported revenue from operations for the third-quarter ended 31 March 2019 of INR 2.92 billion (USD 41.9 million), up 21.6% compared to the same period last year.

(INR millions) Q4 2019 Q4 2018 Change Q4 2019 (USD millions)
...


Australia – GO2 People requests continuation of trading halt

28 May 2019

GO2 People, an Australia-based recruitment services provider, announced today that it requested continuation of the suspension of trading of its securities by the Australia Securities Exchange.

The company said it requires additional time to satisfy conditions in relation to the acquisition of Industry...


Australia – More than half of professionals say pay rise is number one career priority in 2019: Hays

28 May 2019

More than half, or 57%, of Australians say a salary increase is their number one career priority this year, with 46% intending to achieve this by asking their boss for a raise, according to a survey from Hays.

“Asking for a pay rise can be nerve-racking,” Nick Deligiannis, Managing Director of Hays...


India – HR job function likely to become the most redundant in the face of increasing automation (Economic Times)

28 May 2019

Approximately a quarter, or 23%, of employers in India expect the HR department to become redundant in the face of increasing automation, reports the Economic Times, citing survey data from TimesJobs. This was followed by the production department (21%), operations (14%), technology (12%), marketing...


Australia – Fair Work Ombudsman recovers $400,000 in unpaid wages

24 May 2019

Nearly 1,000 workers in regional Queensland, New South Wales and Victoria have been back paid more than AUD 580,000 (USD 400,000) after Fair Work Inspectors uncovered widespread non-compliance with Australia’s workplace laws.

Inspectors visited 1,385 businesses across cities in Victoria, New South Wales,...


Malaysia – Labour productivity rises in Q1

24 May 2019

Malaysia’s labour productivity rose in the first quarter of 2019 compared to the previous year according to figures from the Department of Statistics Malaysia.

Malaysia measures its labour productivity in two different ways. The first is measured by value added per hour worked. In Q1 this value rose...


India – Companies revamping job roles due to shifting industry trends, survey finds

24 May 2019

More than a third, or 37%, of senior HR professionals in India are focusing on making changes in job descriptions to swiftly adopt changing trends, according to survey data from job portal Shine.com.

Shine also found that 47% of senior HR professionals are predicting a skills shortage in the country in...


China – HSBC plans to add over 1,000 tech jobs (Reuters)

24 May 2019

UK-based banking and financial services giant HSBC plans to add more than a 1,000 jobs this year at its technology development centres in China, as it seeks to bolster its presence in the country, reports Reuters. HSBC will boost headcount at its technology centres in Guangzhou, Shanghai and Xi’an...


India – Quess Corp Q4 and full revenue climbs

23 May 2019

India-based staffing provider Quess Corp reported revenue yesterday for the fourth quarter ended 31 March 2018. Revenue was up 21.3% to INR 22.9 billion (USD 328.2 million).

(INR millions) Q4 2019 Q4 2018 Change Q4 2019 (USD millions)
Revenue 22,950 18,910 21.3% 328.2 ...