Latest news with #Adecco
The Sun
6 days ago
- Business
- The Sun
Adecco Singapore Marks 40 Years of Enabling Talent and Business Growth
SINGAPORE - Media OutReach Newswire - 23 July 2025 - Adecco Singapore has officially commemorated its 40th anniversary with a stakeholder event held at the National Gallery Singapore. The occasion marked four decades of providing workforce solutions and contributing to Singapore's evolving labour market. Since its founding in 1985, Adecco Singapore has worked with employers and jobseekers across a broad range of industries, supporting workforce development through recruitment, advisory, and outsourcing services. Four Decades of Workforce Support From its beginnings as a staffing agency, Adecco Singapore has expanded into a comprehensive provider of workforce solutions. The company has supported thousands of associates annually and worked with multinational corporations, small- and medium-sized enterprises, and government-linked organisations. Its services have expanded to include permanent recruitment, flexible staffing arrangements, outsourcing, and HR advisory. This growth has aligned with shifts in Singapore's economic strategy and labour market trends. 'Adecco's 40th anniversary is both a milestone and an opportunity to reaffirm our role in Singapore's workforce ecosystem,' said Cindy Lee, Country Manager of Adecco Singapore. 'We remain committed to delivering practical workforce solutions that support business continuity and career development in a changing world of work.' Event Highlights and Recognition The commemorative event brought together Adecco's clients, associates, and partners to express gratitude for their ongoing support. Guest speakers included Kenny Tan, Deputy Secretary (Workforce) at the Ministry of Manpower; Frank Grütter, Swiss Ambassador to Singapore; and other key clients. Speakers highlighted the long-standing partnership between Adecco and various government agencies, associations, and clients. Remarks acknowledged the efforts of Adecco's teams and their commitment to going beyond transactional delivery to meet the needs of clients across various sectors. Following the formal programme, guests attended a networking session over canapes and refreshments. The session provided an opportunity to celebrate the milestone and reaffirm shared goals around workforce resilience, agility, and long-term partnership. Adapting to Workforce Transitions Adecco Singapore has supported businesses through significant shifts in the employment landscape, including digital transformation, pandemic recovery, and the rise of flexible labour models. Its workforce solutions have helped organisations manage short-term operational needs, implement hiring technology, and plan for long-term skills demand. The company's workforce solutions and recruitment services in Singapore continue to play a role in helping employers remain responsive to evolving labour market needs. Positioning for the Future of Work Today, Adecco Singapore maintains a defined service model supported by more than 60 recruiters who specialise by sector and function. The company continues to deliver end-to-end workforce solutions that align with business needs and national workforce developments. Strategically, Adecco is focusing on skills-based hiring and the application of AI-driven talent matching to improve recruitment speed, accuracy, and inclusiveness. These priorities are designed to support workforce planning and help individuals adapt to evolving career pathways. The company also provides structured recruitment advice for jobseekers and employers navigating a fast-changing employment landscape while continuing to support individuals who are looking to find jobs in Singapore that match emerging skills demands.
Yahoo
7 days 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)
Forbes
13-06-2025
- Business
- Forbes
AI Is Giving You Back Half A Day Every Week. How To Use It Wisely.
AI Is Giving You Back Half a Day Every Week If you're using AI at work, even occasionally, you may already be gaining back a valuable resource: time. Microsoft's Copilot study found that users spent 30 minutes less on email each week and completed documents 12 percent faster. Adecco reports time savings of around five hours a week for knowledge workers. Thomson Reuters says four. These small efficiencies often amount to a hidden dividend of roughly half a working day every single week. That figure is supported directionally, if more cautiously, by the Federal Reserve Bank of St. Louis. Their analysis estimates that AI saves an average of 5.4% of their weekly work hours, which is about 2.2 hours every week. Even taking the lowest estimate, the result is still meaningful: reclaimed time, quietly reshaping the workweek. I describe the rising AI flood in earlier Forbes pieces and my book, The Human Edge. Some jobs are being submerged. But within the remaining roles, AI is leaving behind micro-efficiencies: small bursts of reclaimed time that quickly add up. This is not speculative. It's already happening. That landmark Federal Reserve survey of nearly 10,000 people found that: Even the recent ChatGPT outage caused over 500,000 Google searches in hours. That wasn't hype. This tells us something important: AI has already woven itself into the fabric of modern work. Over two decades of leadership development, I've worked with CEOs, scientists, creatives, and entrepreneurs. Different sectors, different goals, but the same underlying refrain: "I'd love to reflect, learn, or think more strategically…but I don't have time." Fair enough. Work is relentless. But AI is shifting the equation. The real question is this: Here are five high-leverage moves to make the most of your AI-liberated time. Here's my prediction. The AI age doesn't just reward those who move fast. It rewards those who use time differently.
BBC News
01-06-2025
- Business
- BBC News
Wolverhampton Council agrees £75m contract to hire agency staff
City of Wolverhampton Council has agreed a new £75m contract to employ hundreds of temporary agency workers for the next three authority agreed the deal with its existing temporary recruitment partner Adecco having dissolved its own agency YOO Recruit after 11 agreed the contract after experiencing difficulties with recruiting and retaining staff, particularly in specialist roles in adults and children's social care, finance, procurement and IT.A council report said that using agency workers was important to allow it to quickly respond to issues and demand for resource. "The use of agency workers can help the council respond to peaks and troughs in service requirements," it of Wolverhampton Council has spent more than £82.5m on agency staff in the last five years, including £40m in the last two years, the report agency contract could be extended for a further two years which would push the total cost to £100m. Follow BBC Wolverhampton & Black Country on BBC Sounds, Facebook, X and Instagram.
Yahoo
23-05-2025
- Business
- Yahoo
9 in 10 companies lack ‘future-ready' talent strategies, Adecco says
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. Only 10% of companies qualify as AI 'future-ready,' according to the results of an Adecco Group survey of 2,000 C-suite leaders across 13 countries and a variety of industries. The talent firm defined 'future-ready' as having structured plans to support workers, build skills and lead through disruption created by artificial intelligence. Companies struggling with the transformation have one thing in common, according to the report: They place unfair expectations on workers. The survey found that nearly two-thirds of organizations expect workers to proactively adapt to AI, but one-third have not instructed workers on how to use the technology, Adecco said. The small segment of companies that are AI future-ready also shared characteristics; 65%, for example, have adopted skills-based workforce planning and moved away from rigid job structures, according to the survey. The Adecco report echoes a consistent theme: To support and guide talent through the ever-accelerating pace of AI and generative AI transformation, companies need a robust plan and cannot leave employees to navigate AI use on their own. 'The difference is the mindset,' Denis Machuel, Adecco Group's CEO, said in a statement. 'Future-ready organisations aren't simply reacting to AI. Instead, these leaders are rethinking how their business works, how talent grows and how decisions are made.' However, to agree on a talent strategy, senior leaders must first be united on core talent issues, such as the organizational barriers preventing talent improvement, Adecco said. Also, if leaders expect their workforces to adapt to AI, they need to act as role models, the firm said. The survey found that only about a third of leaders worked to develop their own AI capabilities over the last 12 months. Additionally, companies are lacking data, which Adecco called the missing foundation for workforce strategy. Just 33% are investing in data to understand and close skills gaps, its research showed. Critical data includes understanding employees' generative AI training needs, according to a May report by Amazon Web Services. Lacking this understanding — and not knowing how to implement the training programs — may prevent companies from creating robust training plans that properly upskill workers, the report said. Two weeks ago, at a Workhuman conference, the founder of the AI Leadership Institute and one of the original Amazon team members who developed Alexa, emphasized HR's critical role in making sure workers are prepared for the changes. Organizations that have a future-ready mindset and have done the work see flexible, adaptable, tech savvy and proactive employees, Adecco said. Sign in to access your portfolio
