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.
Slowing jobs market hits profit at Robert Walters July 15, 2024 The firm said June was the worst year of the month so far for fee income. Fees for the month dropped 18 per cent. Robert Walters said new job flow in the month was "weaker than expected."
Recruiter Norman Broadbent on the lookout for acquisitions despite ‘extremely challenging’ conditions July 11, 2024 Net fee income in the first half is expected to be £4.5m, down 14 per cent on last year but up 36 per cent on the year before.
Why bad recruitment strategies could cost your start-up more than a few pay checks June 28, 2024 How do you know when you have made a good hire?
Demand for workers remains strong despite loosening labour market June 17, 2024 "The number of active job adverts remains above 1.7m which shows steady demand for workers despite slow progress in the wider economy," Neil Carberry, chief executive of the REC said.
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 ‘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'.