Staffing Industry Analysts (SIA) | Editorial - Daily News
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Founded in 1989, Staffing Industry Analysts (SIA) is the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. Staffing Industry Analysts is the global advisor on contingent work.
Staffing Industry Analysts (SIA) | Editorial - Daily News
10h ago
White-collar hiring in India decreased by 8% in March 2024 compared to March 2023, according to the latest Naukri JobSpeak Index.
March's data showed the Naukri JobSpeak Index stood at 2,657. This was a 4% dip compared to the previous month.
The report showed that hiring in the oil & gas sector increased by 22% in March 2024 compared to last year, with maximum demand for MEP (mechanical, electrical, plumbing) engineers & electrical engineers.
Meanwhile, hiring for AI and machine learning roles in India saw a 12% rise in new job creation compared to March 2023. Data from the Index found ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
10h ago
Singapore's government announced that it will be easier for employees to request flexible work arrangements following the approval of mandatory guidelines which will take effect from 1 December 2024.
The government accepted all ten recommendations by the Tripartite Workgroup on the Tripartite Guidelines on Flexible Work Arrangement (FWA) Requests. The mandatory guidelines will shape the right norms and expectations around FWAs by setting out how employees should request and use FWAs and how employers and supervisors should handle FWA requests.
Employers are expected to abide by the guidelines ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
10h ago
The average hourly wage for temporary workers across three major Japanese metropolitan areas in March 2024 stood at JPY 1,696 (USD 10.97), up 2.7% compared to the same period last year and an increase of 0.8% compared to February 2024, according to research from En Japan.
The JPY 1,696 (USD 10.97) figure is the highest hourly wage recorded and the 19th consecutive month sales exceeded last year.
By job type, En Japan noted that six occupations exceeded the same month last year, including office work/administrative work; sales/service work; IT/engineering work; technical work; medical care/nurs ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
10h ago
One in two Malaysians said they would quit their job if it did not offer them enough career progression opportunities, according to the latest Randstad Workmonitor.
The research also found that 55% indicated they would remain in their current role if they were happy, even if there was no room to progress or develop.
More than 1 in 3 respondents (38%) said that they would quit their jobs if they were not offered any opportunities to future proof their skills. Notably, 43% of Gen Zers would consider quitting a job that does not offer upskilling opportunities, while only 15% of Baby Boomers ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
10h ago
The surveyed urban unemployment rate on average in China stood at 5.2% in the first quarter of 2024, down 0.3% over the year, reports The Global Times, citing data from the National Bureau of Statistics. March data showed the surveyed urban unemployment rate also stood at 5.2% in March, a year-on-year decrease of 0.1%.
Experts said that China's economic revival, the rapid rise of new quality productive forces and non-stop policy support are the major advantages in stabilising the labour market and will further boost employment. Sheng Laiyun, deputy director of the NBS, said policies to stabili ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
1d ago
Japanese staffing firm Creek & River (4763: JP) reported revenue last week for the full year ended 29 February 2024 of JPY 49.79 billion (USD 322.3 million), an increase of 12.9% compared to the same period last year.
(JPY millions)
FY 2023
FY 2022
Change
FY 2023 (USD millions)
Revenue
49,799
44,121
12.9%
322.3
Gross Profit
18,617
17,018
9.4%
120.5
Gross Margin
37.4%
38.5%
-
-
Operating Profit
4,103
3,956
3.7%
26.5
Net Profit
2,658
2,899
-8.3%
17.2
Creek & River, founded in 1990, provides business agency, production, outsourcing, and consulting services in Japan, China, a ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
1d ago
Australian job ads on job board Seek fell by 14.9% in March 2024 when compared to March 2023.
On a month-on-month basis, job ads increased by 2.4% in March 2024. At the same time, applications per job ad rose by 1.7%.
By industry, the ICT sector saw the steepest annual decline at 26.9%. This was followed by the hospitality and tourism sector (-20.1%).
On a monthly basis, the steepest fall was in the hospitality and tourism sector (-0.6%). On the other hand, the ICT sector saw the highest monthly increase at 5.1%.
Further monthly figures by Seek showed that the Australian Capital Territory saw ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
1d ago
Malpractices by candidates during online assessments is one of the biggest fears among recruiters and talent acquisition specialists, according to a report by India-based recruitment automation firm HirePro and the Press Trust of India.
The report showed that fraudulent practices by candidates during online assessments have emerged as the biggest fear of the participants (39%), followed by anxiety over finding the right candidate for a role (37%). The lack of effective tools to gauge specific skills has emerged as the next significant worry among 26% of recruiters.
During the recruitment plann ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
1d ago
US-based multinational automotive company Tesla is laying off more than 10% of its global workforce (or about 14,000 workers), an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles. “About every five years, we need to reorganise and streamline the company for the next phase of growth," CEO Elon Musk commented in a post on X (formerly known as Twitter). Two senior leaders, battery development chief Drew Baglino and vice president for public policy Rohan Patel, also announced their departures, drawing posts of than ..read more
Staffing Industry Analysts (SIA) | Editorial - Daily News
2d ago
Japanese staffing firm TwoStone & Son (7352: TYO), previously known as Branding Engineer, reported revenue on Friday of JPY 6.49 billion (USD 42.1 million) for the six months ended 29 February 2024, an increase of 41.5% when compared to the prior year period.
(JPY millions)
H1 2024
H1 2023
Change
H1 2024 (USD millions)
Revenue
6,490
4,585
41.5%
42.1
Gross profit
1,765
1,221
44.5%
11.4
Gross margin
27.2%
26.6%
-
-
Operating income
67
140
-52.2%
0.4
Net income
13
97
-86.2%
0.1
TwoStone & Sons Inc is a Japan-based company mainly engaged in the provision of information techno ..read more