Hays results to reflect recruitment heavyweight's global punch

Hays, the UK-based global recruiter, will show that it has benefited from having a vast international spread when it updates investors on trading later this week.

The pandemic has had a massive impact on the jobs market with recruitment firms in the firing line as businesses batten down the hatches.

The pandemic has had a huge impact on the jobs market with recruitment firms in the firing line as businesses batten down the hatches.

The fees that Hays charges for making employment matches fell by 19 per cent in the last three months of the year but that was an improvement on the previous quarter.

The firm, which is due to release half-year results on Thursday, operates in more than 30 countries.

Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “Its global spread has helped the group be more resilient with activity increasing in Australia as Covid restrictions eased and higher business optimism in Germany.

“Although fresh lockdowns are likely to delay further progress, vaccine roll outs should help restore confidence among businesses to begin hiring more briskly.”

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