Robert Walters insists 2024 ‘not a lost year’ despite tumbling profit August 1, 2024 Recruiter Robert Walters has insisted that 2024 is not a lost year despite posting another set of results dominated by tumbling profit and and fees.
SThree bucks recruitment sector struggles and hikes dividend July 23, 2024 City recruiter Sthree's focus on industries where talent is in high demand helped it to outperform many of its peers in a half year earnings update in which it posted rising profit and earnings per share despite falling fees and revenue.
With wage growth set to fall, the Bank of England should cut rates in August July 16, 2024 Wage growth remains stubbornly high despite the rise in unemployment and fall in hiring. However, this is not a signal for the Bank to hold off on cutting interest rates, Chris Dorrell argues
Pagegroup slashes more roles as recruiter feels the pain of slow rebound July 9, 2024 Pagegroup said that tighter recruitment budgets have led to companies becoming more risk averse to new hires, which has slowed the recruitment process.
SYK Recruitment Specialists among the 400+ recruitment agencies that went bust last year April 16, 2024 Insolvencies of UK recruitment agencies have increased by 14 per cent in the last year to 413, as the sector struggles with the slowdown in the hiring market across the country.
Pagegroup: Recruiter cuts headcount as hiring slump spurs profit slide April 15, 2024 The FTSE 250 firm said the figure dropped by 12.8 per cent to £219m. Its fee earner headcount was also down by 100 on last year's figures to 5,751.
Pagegroup: Recruiter ‘managed headcount’ down by 1,000 as profits hit by weak jobs market March 7, 2024 Pagegroup said as a "result of this action on headcount", its gross profit or free earner, which it uses to measure productivity, was 'flat'.