By: Natalie Greve26th May 2015
On the back of an “extremely positive” 12 months to February 28, diversified workforce management and business process outsourcing company Adcorp increased its headline earnings a share by 58% to 298.5c, benefitting from the first full-year inclusion of Labour Solutions Australia (LSA) and the... →
By: Anine Kilian16th January 2015
At a briefing held by Arup last month Deputy Minister of Telecommunications and Postal Services Hlengiwe Mkhize affirmed the message sent across the industry by the Arup Education Trust that encourages corporate companies in the private sector to get involved in empowering South Africa’s youth... →
By: Leandi Kolver9th July 2014
As the issue of the pay gap between top executives and entry-level workers became more prominent, regulatory intervention into the matter was becoming more likely; however, advisory firm PwC warned that this could have undesired consequences. According to PwC’s Executive Directors’ Remuneration... →
By: Natalie Greve29th May 2014
Workforce management group Adcorp has increased revenues for the year ended February 28, 2014, by an impressive 37%, generating R11.8-billion for the period, as its South Africa-based blue-collar operations continued to perform “particularly well", despite sweeping labour ructions in the... →
By: Martin Creamer29th April 2014
Parliament’s Mineral Resources Portfolio Committee must be recalled as a matter of urgency to deal with the breakdown of negotiations in the strike-ravaged platinum-mining sector, South Africa’s Opposition Shadow Mining Minister James Lorimer urged on Tuesday.
The Democratic Alliance (DA) mining... →
By: Natalie Greve12th February 2014
Alarming statistics reflecting the retrenchment of 35 000 workers in January might only be the “tip of the iceberg”, says labour union Uasa divisional manager Franz Stehring, who warns that protracted strikes by labour in the mining sector may affect the viability of mining companies as long-term... →
By: Jonathan Rodin31st January 2014
Staffing, human capital management and business process outsourcing services provider Adcorp has launched its new labour law interactive website application (app), re-Act, which, using surveys, assesses a company’s understanding of the most important aspects of the country’s recently amended... →
By: Sapa6th January 2014
The youth wage subsidy will only bring temporary relief and not reduce the high number of unemployable young people, according to Sunday's Rapport newspaper. CEO of labour broker Adcorp, Richard Pike, said the subsidy would advantage matriculants and temporarily slow the trend of replacing people... →
By: Natalie Greve23rd May 2013
Human capital management group Adcorp on Wednesday posted headline earnings a share of 236.7c for the year ended February 28, 2013 – a 13% improvement on the 209.1c a share for 2012. Group revenue increased by 34% to R8.6-billion, while normalised earnings before interest, tax and depreciation of... →
By: Natalie Greve14th May 2013
Low levels of labour productivity were among the most binding constraints on economic growth and on South Africa’s international competitiveness, Deputy President Kgalema Motlanthe has said.
“I cannot help restating the all too obvious fact that all is not well with our labour productivity,” he... →
By: Natalie Greve10th January 2013
South Africa’s mining and manufacturing sectors shed up to 15 000 jobs in December, but overall employment figures across all sectors grew by 12 556 jobs, according to the latest Adcorp Employment Index, released on Thursday. →
12th December 2012
JSE-listed human capital management group Adcorp on Wednesday announced that it would buy Australian information technology (IT) contracting and recruitment company Paxus for A$60-million, or about R545-million.
CEO Richard Pike said the acquistion was an opportunity for Adcorp to expand its... →
By: Natasha Odendaal6th December 2012
A total of 70 502 new jobs were created in South Africa during November, recording an annualised growth of 4.4%, the Adcorp November Employment Index, released on Thursday, revealed.
The JSE-listed company said that the past three months had seen the economy add about 112 473 jobs – reversing... →
By: Sapa6th August 2012
The ANC's proposed job seekers' grant has been met with far less enthusiasm than the abandoned youth employment subsidy.
"The job seekers' grant will have nowhere near the impact the youth wage subsidy would have had," said Adcorp labour market analyst Loane Sharp. →
By: Sapa10th May 2012
South Africa lost R3.9-billion worth of output last year to sick leave and absenteeism, recruitment company Adcorp said on Thursday.
"The cost to the economy has been enormous. Due to the unplanned and unpredictable nature of sick leave, the knock-on disruptive effects on supply chains has... →
By: Henry Lazenby10th April 2012
A total of 108 826 new jobs were created in South Africa in March, an increase from the 24 000 jobs created in February and 80 000 jobs created in January, the latest Adcorp Employment Index showed on Tuesday.
This was the strongest monthly showing of job creation since the 2009 recession, with... →