The Adecco Group Q1 2024 RESULTS
Adecco Middle East Blog
by Adecco
2M ago
Further strong market share gains, disciplined execution Revenues flat yoy, outperforming markets; Adecco’s relative revenue growth +600 bps By GBU, Adecco, +1% yoy, of which APAC +14%, Southern Europe & EEMENA +8%, DACH +7%; LHH -5%, with Career Transition & Mobility +9%; Akkodis -2%, with Consulting +5% Healthy 19.8% gross margin, +20 bps qoq, -100 bps yoy, mainly reflecting current business mix; pricing firm SG&A expenses, excl. one-offs, €978 million, reflecting strong G&A savings, focus on productivity Resilient 2.8% EBITA margin excl. one-offs, -30 bps yoy, or -10 b ..read more
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Top highlights from #SpecialMeeting24 in Riyadh, KSA
Adecco Middle East Blog
by Adecco
2M ago
Leaders addressed key challenges to tackle scarcity of cybersecurity talent  Importance of Reskilling and Upskilling talent especially the youth Building resilience in an uncertain world Shift towards Sustainability and Green Energy The World Economic Forum #SpecialMeeting24 in Riyadh, Saudi Arabia delved into crucial themes of inclusive growth, global collaboration, and energy for development, paving the way for meaningful dialogue and actionable insights. Adecco leadership, Mayank Patel, VP Sales EEMENA & Country Head Middle East had an opportunity to attend the forum that ..read more
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Adecco’s Expert Cyber Security Workforce Solutions
Adecco Middle East Blog
by Adecco
2M ago
In today’s technology landscape, having the right professionals to safeguard your organization’s data and systems is essential. At Adecco, we understand the importance of cyber security talent, and we’re here to support your business with top-notch talent across various roles. SIEM Engineers: Our expert Security Information and Event Management (SIEM) Engineers help organizations to detect and respond to security incidents by implementing and managing SIEM solutions. SOC/NOC Engineers: Identify security incidents and respond promptly to mitigate risks with Security Operations Center (SOC ..read more
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Expert Strategies for Hiring Senior-Level Professionals
Adecco Middle East Blog
by Adecco
3M ago
The experience and leadership of a senior level talent can significantly impact the company’s growth and culture. Finding the right fit requires a strategic planning and approach. Here are some guidelines from our expert recruiters to help organizations to navigate this critical hiring process. Define your perfect candidate: Begin your search by outlining the skills, experience, and qualities you require in a senior-level candidate. What specific expertise will drive your company forward? Understanding your needs will streamline the recruitment process and ensure alignment with your orga ..read more
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Five Metrics All Businesses Need to Measure
Adecco Middle East Blog
by Adecco
4M ago
We’ve all heard the saying “what gets measured gets done” but did you know this adage holds particularly true in the realm of the workforce? To ensure your workforce operates at peak efficiency and contributes effectively to your bottom line, it’s crucial to keep a close eye on these five key metrics: Employee retention Turnover can inflict various costs on an organization, including decreased productivity, increased training expenses, and the loss of institutional knowledge. Therefore, meticulous tracking of retention and attrition rates is imperative for effective workforce management ..read more
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Why Every Organization Needs a Diversity, Equity, and Inclusion Plan
Adecco Middle East Blog
by Adecco
4M ago
Employers are increasingly recognizing the need for diversity in the workplace. An unwavering focus on diversity and inclusion stands as a catalyst for increased profits, the infusion of innovative ideas, and the cultivation of a workforce that’s resilient in the face of an ever-evolving landscape. Let’s delve into the most recent data that underscores how diversity is making a profoundly positive impact on businesses. Understanding diversity and inclusion: Diversity, equity, and inclusion (DEI) are multifaceted concepts that encompass an acknowledgment of the special traits that individu ..read more
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Q3 2023 RESULTS
Adecco Middle East Blog
by Adecco
4M ago
Q3 2023 RESULTS AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Group press release, Zurich, November 2, 2023 Read full press release Strong market share gains, improved profitability Revenues +3% yoy organic TDA1 ; Adecco +4%, led by APAC, Southern Europe & EEMENA and LatAm; Akkodis consulting +8%, and LHH Career Transition +84% Further strong market share gains; Adecco’s relative revenue growth +930 bps Healthy 20.8% gross margin, -10 bps lower yoy organically, reflecting firm pricing and current business mix Solid 4.0% EBITA margin excl. one-offs, up ..read more
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Eight Benefits of Working with an Onsite Staffing Agency
Adecco Middle East Blog
by Adecco
4M ago
Are you finding it harder and harder to manage your temporary workforce? Working with an onsite staffing agency might be the next best step for your business. Read on to learn all about this trending recruitment solution and see how integrating a staffing agency within your organization can bring big benefits. What exactly is an onsite staffing agency? In essence, it operates just as the name suggests – a team of recruiters operates within your organization’s premises, working closely with your company to scout and secure exceptional talent. This model is particularly advantageous for ent ..read more
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In the News: Adecco Group releases annual worker perceptions study
Adecco Middle East Blog
by Adecco
4M ago
POSITIVE OUTLOOK ON GENERATIVE AI FUELLING 70% WORKPLACE ADOPTION RATE, BUT TRAINING GAPS PERSIST Adecco Group releases annual worker perceptions study, Global Workforce of the Future Report 2023 Group press release, Zurich, Switzerland, October 5, 2023 Read full press release 70% of workers are already using Generative AI (GenAI) at work, but less than half are doing so with guidance from employers Despite expert anticipation of widespread impact, only 7% of workers expect their jobs to become obsolete as GenAI becomes ubiquitous Gaps in access to GenAI training and adoption rate ..read more
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Chat GPT in the UAE: Can employees use AI at workplace?
Adecco Middle East Blog
by Adecco
4M ago
We’re living in an ever-evolving tech age where processes are becoming more automated and efficient than ever before – and this is no different when it comes to finding top candidates for businesses across all industries and functions. The recent developments in Artificial Intelligence and its implementation has many advantages and disadvantages. Chat GPT is the most talked about development in AI technology. Employers in the UAE believe that artificial intelligence chatbots such as ChatGPT have many advantages, but some firms are also concerned that they stifle workers’ creativity, crit ..read more
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