Hays quarterly net fees jump on robust temporary hiring
(Reuters) – British recruitment agency Hays Plc on Tuesday posted a rise in second-quarter net fees, after hiring in its temporary and contracting segment grew at a faster rate than permanent jobs for the first time in seven quarters.
The company, which focuses largely on hiring for white-collar roles, said its like-for-like net fees for the three months ended Dec. 31 grew by 8%, with the temporary segment jumping 9%.
“Growth was a result of our actions to increase fee margins and our focus on the most in-demand markets, supported by overall wage inflation,” Chief Executive Officer Alistair Cox said…