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My recent review of recruitment company data confirms that London-based Hays plc continues to demonstrate an outstanding record of financial performance, setting a benchmark for financial management that many companies aspire to. Hays’ headline results from the most recent financial year, 1 July 2016 – 30 June 2017, shows how much progress has been made over the…

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After last week’s blog on the Australian publicly listed recruitment companies that have departed the boards of the ASX, I received a few emails from readers asking me follow up questions about the decline in fortunes of such formerly successful companies. Such questions as: How do such, formerly successful, companies become so unprofitable in a relatively short…

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Our industry is one that is dominated by small recruitment agencies. Yet, I would imagine that most of the owners of these small agencies would like to grow if they could grow profitably. Unfortunately much of the growth, if it does occur is not profitable growth. The Recruitment Industry Benchmarking (RIB) Report has 126 members…

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Three months ago, in InSight 315, I mentioned the great fundraising and community work that a handful of recruitment agencies undertake. I invited readers to advise me of any other recruitment agencies doing great in this areas. A handful of people responded.   Here is brief summary of what I received (I have edited much…

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Last Thursday morning the inevitable happened when ASX-listed recruitment company HJB called in the corporate undertakers. During his sixteen months in charge, CEO Grahame Doyle has not been able to halt the long term decline of what was once one of the strongest brands in the Australian recruitment market. The closure of both the Parramatta…

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