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Switzerland – Adecco sees slower growth in Q4 2011

1 March 2012

The world’s largest staffing firm, Adecco SA (ADEN:VTX), today announced that annual group revenues for 2011 amounted €20.5 billion, an increase of +10% organically compared to the €18.7 billion the firm made in the prior year.

Permanent placement revenues in the year were €344 million, an increase...

UK – Robert Walters “well positioned” to meet challenges as profits rise

1 March 2012

The British recruitment firm Robert Walters (RWA:LSE) today reported “strong results against a difficult economic backdrop” with revenues rising +24% (21% in constant currency) in 2011 to £528.1 million, up from £424.2 million in the previous year.

The firm said it was well positioned to meet challenges...

USA - Survey Finds Direct Hire Revenue Up 38%

29 February 2012

Staffing executives taking part in the monthly Staffing Industry Pulse Survey reported their U.S. direct hire revenue rose 38 percent on a year-over-year basis. The 38 percent growth is the same growth rate direct hire reached during its peak in mid-2011. Dan Begley-Groth, research analyst at Staffing...

USA - Impellam Names Leaders for North America

28 February 2012

Impellam Group PLC, a global staffing provider, named new leadership for its North America operations. The firm promoted Jennifer Beck to CEO of its North American business, John Vlha to CFO and Patrick Ray to chief operating officer.

Beck joined Impellam in 2010 as managing director of the...

USA - CDI Revenue Rises 8%

28 February 2012

CDI Corp. (NYSE: CDI) reported revenue rose 8.0 percent to 268.0 million in the fourth quarter ended Dec. 31, 2011, from $248.0 million in the year-ago quarter.

Fourth-quarter engineering solutions revenue rose 17.7 percent to $152.5 million. Fourth-quarter revenue in CDI’s Management Recruiters International...

USA - Heidrick & Struggles Q4 Revenue Flat

28 February 2012

Executive search firm Heidrick & Struggles International Inc. (NASD: HSII) reported net revenue was essentially flat at $127.2 million in the fourth quarter of 2011 compared to the fourth quarter of the previous year.

Fourth-quarter Americas net revenue rose 4.3 percent to $69.4 million. However,...

USA - to Average 170,000 New Jobs

27 February 2012

Economists expect the U.S. to add an average of 170,000 jobs a month in 2012 with stronger job growth in 2013, according to the National Association for Business Economics’ new outlook survey of 45 professional forecasters.

The economists also predict growth of 2.4 percent in real gross domestic product...

Report: Wyoming Most Business-Friendly

26 January 2012

The Tax Foundation ranked Wyoming among the 10 states with the most business-friendly tax systems; it was followed by South Dakota and Nevada. The foundation’s “state business tax climate index” compares states’ tax policies to other states. It doesn’t focus on the total amount of taxes residents...

UK – Servoca profits and revenues down

26 January 2012

Servoca (LON:SVCA), a provider of specialist outsourced solutions, today reported its preliminary audited results for the year ended 30 September 2011. Group revenue was down to 47.9 million Pounds compared with 50.2 million Pounds in 2010, a reduction of -4.6%. Gross profit for the year was 13.4 million...

Spain – Trade unions agree on salary moderation scheme

26 January 2012

Spain’s two biggest trade unions, Working Commissions (CC.OO.) and the Workers General Union (UGT), signed a salary reduction agreement with various employers on Wednesday.

The so-called Second Agreement for Collective Use and Negotiation was signed by the two trade unions and the Spanish confederations...