Digby Morgan acquires HR Partners

by 07 Jun 2007

UK-based specialist HR recruitment firm Digby Morgan recently acquired HR Partners. Digby Morgan, which is part of the global Vedior Group, took on HR Partners as part of the restructure and recent sale of its former parent company, Staff and Executive Resources, to Chandler Macleod. David Owens will take on the role of managing director of HR Partners, which has had a long-standing affiliation with Digby Morgan. “The Australian HR market is hugely buoyant and we have enjoyed a long and fruitful relationship with HR Partners that stretches back many years,” said Digby Morgan CEO, John Maxted.

Employee share schemes remain out of reach

Companies are disappointed with the Federal Government’s long awaited Corporations Law reforms around employee share schemes, according to Deloitte reward partner Joe Tropeano. As they stand, the reforms will be largely ineffective in making it easier for private companies to offer shares to their employee, he said. “Attracting, developing and retaining talent continues to be a key business challenge facing organisations, and private companies will unfortunately continue to fight this talent shortage with one hand tied behind their backs,” Tropeano said.

NZ employers forced to pay more for less

Employers in New Zealand are being forced to corral their talent in the face of increased labour market churn and a tight labour market. According to a recent Mercer survey, employers are paying increasing amounts to retain their staff and are not able to attract candidates for the lower wages they had been able to get away with six and twelve months ago. The survey found fixed remuneration packages have increased by 5.5 per cent at the median in the past year for same incumbents (same person in the same role); and the overall market movement has been higher than it has been over the last 12 to 18 months, reaching 3 per cent at the median for executives.