Norman Broadbent: Fee income down 13 per cent amid ‘challenging period’ for recruiters September 9, 2024 Norman Broadbent has reported a slide in fees for the first half of 2024 as it became the latest company to bemoan a "challenging" period for the recruitment sector.
James Reed: My advice for the next generation? Forget grades and go for skills August 28, 2024 Some words of advice for today's youngsters? Don't worry about exam grades and focus on what the workforce actually needs, writes James Reed.
The Notebook: The rules of work are about to change – here’s what managers need to know August 27, 2024 From flexible working to generational clashes, the rules of work have changed. Recruitment expert Doug Rode has the insight on how to manage.
Hays: Recruiter’s profit crashes as ‘low confidence levels’ hit hiring August 22, 2024 Global recruitment giant Hays has become the latest industry player to report a dismal set of results, citing cost-cutting at previously high-spending firms and cautious hiring. The FTSE-250 company had already warned it was set for a “subdued summer” due to expenses related to its cost-cutting drive designed to boost long-term profitability in a tough [...]
Hays set to reveal profit slump amid tough recruitment market August 18, 2024 Hays is set to be the latest recruiter to reveal lower profits in the face of a challenging hiring market next week. The FTSE 250 commercial recruitment firm has already warned it was set for a “subdued summer” amid cost-cutting across the business to bolster its finances for the longer-term. Investors will be hoping that [...]
Recruiter Page Group’s profit craters as jobs market slowdown continues August 8, 2024 Recruitment specialist Page Group's profit has more than halved amid slowdown in hiring among major British employers.
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.
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.