Branch² Intelligence
Hays shares jump as profits set to reach top of guidance
Key takeaway
Hays expects top-of-range profits, shares up 11.8%.
- Step 1Hays reports profit at top of guidance range, shares up 11.8%.
- Step 2Positive sentiment lifts UK recruitment sector, increasing pricing power for agencies.
- Step 3SMEs hiring via agencies face higher placement fees as recruiters pass on improved margins.
- Step 4SMEs may shift to direct hiring or reduce recruitment spend to offset cost increases.
Source: The Independent Business
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