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War for talent and skyrocketing wages push fees at job giant Hays to record levels in 15 countries July 14, 2022 Recruitment giant Hays said this morning the company is benefiting from higher wages around the world as it sets up potential candidates with jobs in industries. Job numbers have been strong, leading to increased competition from companies for workers, and helping to push up pay – although often not by enough to offset runaway inflation. [...]
Net fees slip at recruitment giant Hays as Covid rocked business confidence August 26, 2021 Net fees at recruitment giant Hays have dropped eight per cent as the firm grappled with the Covid-19 impacts of rocky business and candidate confidence. The group’s total fees fell from £996.2m to £918.1m in the year to 30 June. Meanwhile, the firm’s operating profit also dropped 30 per cent from £135m to £95m. Shares [...]
Recruitment firm Hays to pay out £150m in special dividends February 18, 2021 Hays plc said on Thursday it had identified £150m of surplus capital that it plans to return to shareholders as special dividends. The move was encouraged by hiring activity rebounding to pre-Christmas levels by early February. Alistair Cox, CEO of Hays, said: “With recovery in fees and our profits accelerating in Q2, this provides us [...]
Recruiter Hays sees fees slip a fifth as hiring slump goes on January 14, 2021 Recruitment firm Hays this morning said that second quarter net fees fell 19 per cent as the pandemic continued to squeeze hiring around the world. However, the fall was better than that recorded in the first quarter, where fees dropped 29 per cent. As a result, the FTSE 250 hiring firm said that operating profit [...]
Recruitment giant Hays posts 29% drop in Q1 net fees October 15, 2020 Big business recruiter Hays said today it expects first half of the year to be modestly profitable as its temporary hiring remained stable overall, even as it posted a 29% drop in its first-quarter net fees due to the coronavirus crisis. The UK-based company, among the world’s biggest recruiters with big businesses in both temporary [...]
Hays profit slumps as fee income falls February 20, 2020 Recruitment firm Hays reported a fall in profit this morning after the UK general election and a weak economy in Germany hurt revenue. The figures Like-for-like operating profit dropped 18 per cent to £100.1m, down from £124.1m in 2018, as net fees slumped two per cent to £553.1m. Profit before tax was also down 22 [...]
Recruiter Hays takes Brexit blow on UK hires July 16, 2019 Recruitment agency Hays recorded flat revenue growth in the last quarter of its financial year, it said today, as UK income declined in a “tougher” private sector market. The FTSE 250 firm blamed a lack of appetite in the UK and Ireland’s private sector for a two per cent fall in fees. Read more: Recruitment [...]
Recruiter Hays’ share price slips after it lags fee expectations in trading update April 16, 2019 Shares in recruiter Hays dipped today after it announced lower-than-expected growth in its third quarter trading update. Read more: Profits grow at Robert Walters in a 'solid' first quarter Hays said net fee growth for the quarter was six per cent, below the consensus figure of seven per cent. The firm was hit by a [...]
Investors afraid German economic slowdown will hit recruiter Hays Group February 21, 2019 Recruitment firm Hays Group shares fell 6.9 per cent this morning amid fears of a German slowdown, despite announcing rising profits and revenues. The company also admitted it was battling “economic uncertainties” in the UK, but that other global markets were strong in its interim results The figures Operating profit for the six months to [...]
Hays reports strong quarterly growth as Germany boost outweighs Brexit slowdown January 15, 2019 Recruitment firm Hays delivered strong growth in the second quarter as rising fees in Germany outweighed the impact of Brexit uncertainty. The company said like-for-like net fees rose nine per cent in the three months to the end of December, with equal growth across temporary and permanent roles. Read more: Smaller companies forced to compete for [...]