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Recruiter Randstad's core profit meets market estimates in Q2
Recruiter Randstad's core profit meets market estimates in Q2

Yahoo

time5 hours ago

  • Business
  • Yahoo

Recruiter Randstad's core profit meets market estimates in Q2

(Reuters) -Dutch recruiter Randstad reported a second-quarter core profit in line with market expectations on Wednesday, citing improvements in some key markets, increased recruitment outsourcing demand and further cost reductions. The world's largest employment agency posted quarterly earnings before interest, taxes and amortization (EBITA), and before one-offs, of 171 million euros ($200.63 million), roughly in line with the average forecast of 170 million from analysts polled by Randstad. Recruiters including Randstad, Adecco and Hays have voiced concerns about the worsening job market driven by an escalating global trade war and economic struggles in major European markets like Germany and France. In the second quarter, the underlying core profits in these markets still faced difficulties, with a narrowing EBITA loss in Germany and an organic earnings decline of 14% in France. Randstad said it expected its gross margin and operating expenses to be slightly lower in the third quarter than in the previous three months. ($1 = 0.8523 euros)

Why Aussie workers are quietly planning to quit - and the real reason should terrify bosses
Why Aussie workers are quietly planning to quit - and the real reason should terrify bosses

Daily Mail​

time6 hours ago

  • Business
  • Daily Mail​

Why Aussie workers are quietly planning to quit - and the real reason should terrify bosses

A new report has delivered a brutal reality check to Aussie employers: most workers are planning to walk. Despite a shaky economy, almost two-thirds of Australians say they're ready to ditch their jobs in the next 12 months, chasing better pay, more flexibility, and actual career progression. The Hays 2025–26 Salary Guide, released Wednesday, surveyed over 12,000 professionals and hiring managers across 25 industries and found a whopping 61 per cent of workers want out. While that's slightly down from last year's shocking 77 per cent, it still signals a looming jobs exodus, with the top reasons being no future in their current roles (45 per cent), low pay (42 per cent), and a mix of unchallenging work, job insecurity, poor management, and lack of work-life balance. 'The data tells a story of paradox and caution,' Hays Asia-Pacific chief executive Matthew Dickason said. Mr Dickason says Aussie workers are no longer satisfied with crumbs and that small pay bumps just aren't cutting it anymore. 'Employees are satisfied enough to stay put for now, yet a significant portion are looking to move elsewhere, wary that small pay increases aren't worth accepting.' While 60 per cent of workers believe they're underpaid, it's not just about the money anymore, and Mr Dickason said Aussie workers want career progression and perks. 'This should tell employers that despite the cost of living, salary is no longer enough - benefits, progression, and purpose matter more than ever.' Those most likely to quit their jobs are professionals aged 40–59 in intermediate or management roles. 'With only marginal increases in permanent hiring intentions, this surge in employee turnover signals a critical moment for employers: take action to retain top talent or risk falling further behind in an already competitive market,' Mr Dickason added. Only 33 per cent of workers actually switched jobs over the past year - but the dissatisfaction is growing, and it's not just workers feeling frustrated. The report also revealed that employers are taking more time to find and hire suitable applicants due to a skills shortage and the impact of artificial intelligence (AI), which has resulted in an increased volume of generic, low-fit applications. This has created a gridlocked system, sparking growing frustration from both employers and workers. 'We are finding employers are reporting more job applications, but fewer suitable candidates,' Mr Dickason said. 'At the same time, job seekers say they're applying more, but getting fewer responses. 'When job seekers rely too heavily on AI to generate applications, quality and legitimacy suffer. Candidates need to carefully review and personalise AI-generated content to ensure it's accurate, relevant, and highlights the human skills employers value most.' He had this advice for Aussies seeking a career change. 'Define what matters most to you: is it salary, relevant benefits, purpose, or progression? Be clear on what you'll walk away with, and what trade-offs you're willing to make,' Mr Dickason said. 'With employers reporting a need for stronger human skills, now is the time to invest in your communication, adaptability, and decision-making. 'While pay is a top motivator, don't overlook the long game: flexibility, culture, and growth opportunities are increasingly becoming deal-breakers. 'Take control of your development, be selective in your applications, and aim to align with organisations that match both your values and ambitions.'

Zachary Hays Accepts Navy All-American Bowl Invitation
Zachary Hays Accepts Navy All-American Bowl Invitation

NBC Sports

time5 days ago

  • Sport
  • NBC Sports

Zachary Hays Accepts Navy All-American Bowl Invitation

Punter Zachary Hays (Southlake, TX/ Southlake Carroll High School) has officially accepted his invitation to the 2026 Navy All-American Bowl. Having been selected to play in the twenty sixth edition of the Navy All-American Bowl, Hays will play in the annual East vs. West matchup on Saturday, January 10, 2026, in the Alamodome in San Antonio, Texas. The Bowl will be nationally televised, live on NBC at 1:00 PM ET, and will feature the nation's top 100 high school football players. Beyond Blessed to have committed to playing in the All American Bowl! @AABonNBC @CoachRazloznik @coachrdodge @KickExposure @Chris_Sailer @kt_recruiting #NavyAAB Hays was selected by the Navy All-American Bowl Selection Committee, comprised of the All-American Bowl, 247Sports, and NXGN. Navy All-Americans are eligible for the Navy All-American Bowl Player of the Year Award, Anthony Muñoz Lineman of the Year Award, Navy All-American Bowl Defensive Player of the Year Award, Navy All-American Bowl Man of the Year, and Navy All-American Bowl Game MVP Award. Only 100 football players receive the honor of wearing the Navy All-American Bowl jersey each year. The 2026 Navy All-American Bowl from the Alamodome in San Antonio, Texas, will be presented live on NBC and Peacock. About the All-American Bowl As an NBC Sports-owned property, the All-American Bowl is part of a marquee lineup of elite events that includes the Olympics and Paralympics, the Premier League, and primetime's #1 show for an unprecedented 13 consecutive years: Sunday Night Football. The All-American Bowl is annually the most-watched, most-talked about, and most-prestigious high school all-star event with more than four million unique television viewers and more than 25,000 fans in attendance. The history and tradition of the All-American Bowl is unparalleled, as it features: 631 draft picks; 103 Super Bowl champions; 274 Pro Bowl selections; and 18 Heisman finalists. For more information, visit or follow us on Facebook, X, and Instagram (@AABonNBC).

Cincinnati Reds second-half storylines: Trade deadline, bullpen and more
Cincinnati Reds second-half storylines: Trade deadline, bullpen and more

New York Times

time7 days ago

  • Sport
  • New York Times

Cincinnati Reds second-half storylines: Trade deadline, bullpen and more

CINCINNATI — The Reds will begin the second half in fourth place in the National League Central but certainly not out of playoff contention. At 50-47, the Reds are 7.5 games back of the Chicago Cubs, the leaders in the NL Central, but only a game behind the St. Louis Cardinals for third place in the division and 2.5 games behind the San Diego Padres for the third wild-card spot in the NL. Advertisement All season, the Reds have been somewhere between four games under .500 and four games over .500. Since the third wild card was added for the 2023 season, no team has gotten in with an 83-79 record, meaning the Reds will likely have to break the four-game barrier from .500 to make the playoffs. If they do, the Reds could have the pitching to make a run, and they also have a manager who has plenty of playoff experience in Terry Francona. What questions will need to be answered for that to happen? During Nick Krall's regime as president of baseball operations, the Reds haven't been aggressive buyers at the deadline, but they have added on the margins. The last time the team contended, in 2023, its big move at the trade deadline was adding lefty Sam Moll to the bullpen. Moll was excellent for the Reds once he came over from the Athletics, but hindsight shows that the Reds needed more, including a starter. That year, Krall also claimed a pair of outfielders — Harrison Bader and Hunter Renfroe — off waivers at the end of August, but by that time, it was too little, too late. To make a push toward the playoffs, the Reds will need more than small tweaks. They'll need a bold move or two. The most glaring need is a middle-of-the-order bat who can be a threat behind Elly De La Cruz in the lineup. That would preferably be a right-handed hitting outfielder who can play every day, although there are ways that a DH or third baseman could fit into the picture. Reds outfielders have a collective 0.8 fWAR, 23rd in baseball. They have the same rank in wRC+ at 91. The Reds' third basemen are 26th in fWAR at 0.1 and 28th in wRC+ with a 61. As a team, the Reds have a 101 wRC+ against right-handers (ranked 19th) and an 81 wRC+ against lefties. The team could also use some bullpen help, but that's true of every contender. Advertisement The Reds signed Hays with the hopes that he could regain his All-Star form and stay healthy. He's done the former, but the latter has been a struggle. The 30-year-old is hitting .281/.318/.511, and his eight home runs are tied for the fifth-most on the team. Hays, 30, already has three stints on the injured list this season and has been limited to 47 of the team's 97 games. The right-handed hitter has put up a 1.146 OPS against left-handers, providing the Reds some much-needed offense against lefties. Just two years ago, Hays was an All-Star for the Baltimore Orioles, and from 2021 to 2023, he hit a combined .261/.313/.439, good for a 109 OPS+. A healthy Hays would go a long way toward stabilizing the Reds' lineup. Only Tyler Rogers (twin brother of the Reds' Taylor Rogers) has appeared in more games out of the bullpen this year than Reds right-hander Tony Santillan, who leads the team with 47 appearances. Scott Barlow has pitched in 46 games. The Reds' 343 1/3 innings from their bullpen is just 17th in terms of sheer usage, but there have been signs of fatigue and a bullpen stretched thin. The rapid decline and ultimate release of former closer Alexis Díaz pushed each of the Reds' relievers into a higher leverage spot. Emilio Pagán has been good as the closer, recording 20 saves in the first half, with Santillan and Graham Ashcraft as his primary setup men. Veterans Barlow and Rogers have been serviceable, but they have the highest walk rate of any of the team's active relievers. Reds relievers are walking 11.4 percent of the left-handed batters they've faced (25th in MLB), which negates the team's relievers holding left-handed hitters to a .212 batting average (seventh-best in MLB). Healthy starters could help out the bullpen, where Nick Martinez was a stalwart last year before moving to the rotation, and at some point, in order to cut down on his innings, the Reds could move rookie Chase Burns to the bullpen. (Photo of Scott Barlow: Hunter Martin / Getty Images)

Workers fear being forced back into office, survey finds
Workers fear being forced back into office, survey finds

The Independent

time15-07-2025

  • Business
  • The Independent

Workers fear being forced back into office, survey finds

Workers say they are being negatively impacted by pressure to spend more time in the office, a survey has found, as a growing number of companies toughen their stance on remote working. The poll, conducted by recruitment firm Hays, found that 38 per cent of respondents reported a negative impact on their wellbeing following recent news coverage of firms increasing office attendance requirements. This effect was skewed towards female respondents, with 42 per cent of women reporting negative effects on their wellbeing from news coverage about return-to-office mandates, compared to 32 per cent of men. Younger workers between the ages of 20 and 29 also expressed more concern than their older counterparts aged 50 and above. Around 84 per cent of hybrid workers said being permitted to work from home or remotely had a positive effect on their wellbeing. This effect also skewed towards female respondents, with 87 per cent of women reporting improved wellbeing from a hybrid model versus 80 per cent of men. All respondents in favour of the hybrid model cited improvements to their mental, physical, social and financial health. The findings are based on responses from 3,600 UK-based employers and employees across both the public and private sectors, collected between late April and early May. Financial pressure, particularly commuting expenses, emerged as a key concern, with 59 per cent saying it was a factor that would affect their willingness to return to the office more frequently. According to data from the Office for National Statistics, hybrid working was the norm for 28 per cent of working adults in Great Britain during the first quarter of 2025. But a number of major firms, especially in the finance sector, have announced stricter return-to-office policies. HSBC warned UK retail banking staff in May that a failure to spend at least 60 per cent of their time in the office could result in reduced bonuses. Barclays and Santander have also introduced more restrictive remote working guidelines. Man Group, the world's largest publicly listed hedge fund, required London-based analysts to return to the office full-time on a temporary basis from June, as the company looks to recover from a period of underperformance. Hannah Pearsall, the head of wellbeing at Hays, said: 'The popularity of hybrid working shows no signs of wavering any time soon, and the role this flexible working pattern plays in improving wellbeing should not be overlooked. 'A lack of awareness around the impact of a return to the office on wellbeing, particularly financial wellbeing, could be catastrophic for the sustained success of their business.'

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