Hints and tips:
...In a letter to Kwasi Kwarteng seen by the Financial Times, the bosses of companies such as Adecco, Hays, Randstad and Manpower urged the business secretary to rethink proposals to repeal a decades-long ban...
...The article has been updated to correct the number of job vacancies to be filled in the construction sector at the recruitment agency Randstad...
...Alongside Amazon, staffing agencies Adecco, ManpowerGroup and Randstad said they would help 152,000 refugees find work, while Accenture, Generali and Indeed will help to train another 86,000 displaced people...
...By using algorithms to match workers to prospective employers, Jobandtalent claims it is able to operate more efficiently than traditional staffing agencies like Adecco, Randstad or Manpower....
...In the long term it’s the same for every country,” says Jacques van den Broek, chief executive of Randstad, a staffing provider with operations across North America and Europe....
...Sellside stories ● Goldman Sachs downgraded staffing companies Adecco and Randstad to “sell” from “buy” with price target of SFr51 and €45 respectively....
...as part of a European staffing company review....
...Staffing lead indicators suggest consensus forecast cuts look to be nearing an end, with a recovery expected from the third quarter just as year-on-year comparisons get easier, yet both staffing stocks were...
...We also upgrade GFS to Outperform (from Neutral) and Randstad to Neutral (from Underperform) based on valuation....
...On valuation it said Adecco’s enterprise value was still at 1.9 times net fees, a premium to its cyclical trough of 1.5 times, and lacked the dividend yield support of peers Randstad, Hays and PageGroup...
...Sellside stories ● Credit Suisse downgraded Adecco to “underperform” and cut Randstad to “neutral” in a review of the European recruitment sector....
...Sector worries also hit Dutch rival staffing services provider Randstad. Shares in Randstad were down 4.5 per cent at €48.74 in late European trading....
...Dutch rival Randstad bought website Monster four years later. Consolidation in online job search is partly due to technology....
...The FTSE 250-listed staffing group was up 3.7 per cent to 117.6p on talk among traders that it could be a target for Adecco or Randstad, the world’s biggest recruitment groups....
...cent – lagging behind Adecco’s $26bn and Randstad’s $22bn, according Staffing Industry Analysts....
...Deregulation of the temporary staffing sector, which began in 2004, for example, removed a cap on the maximum length of work placements....
...Randstad is engaged in a cost-cutting effort to consolidate the number of locations in France, and is aggressively courting the market for government staffing, which opened up in 2010 due to regulatory reform...
...The world’s second-largest staffing company benefited from solid growth in North America and Japan but was hit by slowing economies in northern Europe and the recessions in Spain, Portugal and Italy....
...France is Adecco’s biggest market and an important country for the world’s leading staffing companies, including Randstad and Manpower....
...“General staffing, especially the industrial segment, continued to lead growth, while professional staffing growth remained moderate,” he added In 2011 Adecco, which has grown swiftly by acquisitions as...
...The reforms are significantly increasing the addressable market for recruiters, meaning that Randstad, one of the biggest recruiters by revenues, expects to maintain annual turnover growth in Europe of at...
...Randstad is looking at using the model for teachers, where rigid pay scales made it hard for schools to hire experienced temps....
...by big rivals like Randstad....
...Staffing groups such as Adecco, or arch rivals Manpower and Randstad, are seen as key bellwethers of macroeconomic conditions as companies generally turn to temporary employment before hiring full time staff...
...Quarter-on-quarter sales rose in the first three months, compared with static growth at arch rivals Manpower and Randstad....
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