Saturday, 28 March 2015

My 3 top blogs:

-The presentation of blog is very good looking. Not only good theme gives me the look and feel but also well prepared her company’s information.

-Simple looking but contains every single details of her company and information. It was fun to look up her blog.


-Eye-catching blog! Can see her effort on study. Like the style and easy to read and understand

So yes, It was the first time I have looked at a company’s annual reports and I was overwhelmed with a lot of information with a lot of pages compare to my friend’s annual report as everything was new to me. Also I found it very curious about the currency as they are using Euro and how foreign currency translation affects to my company. After reading chapter 1 and 3 of the study guide helped me to get some clue for organising and alanysing financial reports.  

There are Hays’ annual report links:





Hays’ annual reports gives a lot of information so I can easily understand what really happened in that year. This annual reports not only shows financial statements but also gives how they create value and the economic backdrop in their markets for the year. As I cans see their progress of the year I have started to understand bit more about the Hays.

I found that only 2011 annual report contains Trade and other payables in non-current liabilities but not in following years. I was wondering what the Trade and other payables exactly mean is.

Through the annual report, I would get to know financial highlights in each year and compare among years of 2012 to 2014

In 2012, Hays delivered good net fee growth of 8% driven by a strong performance by International business and excellent conversion rate of 37.5% driving 11% growth in operating profit. Consultant headcount increased by 4%.

In 2013 16% net fee declined in Australia driven by 25% fall in perm business and a step down in mining activity but 4% net fee growth in Asia. Strong conversion rate of 32% achieved due to control on costs.

2014, there was 5% increase in Group net fees and 20% increase in operating profit. Also there was 19.4% of conversion rate of Group net fees into operating profit and 5,357 croup consultant headcount up 6% over the year (2013: 5,037).

KCQ’s are following:



What does consolidated mean

What does trade and other payable mean?

Cash and cash equivalents?

What's in other reserves- own shares? 

What does PSP and DAB means?


I am very satisfied about the company that I have been given. as Hays is one of the biggest company in recruiting industries with good reputation. They built a platform that takes that expertise across the world and into many different industries and sectors which made in interested in their company. Also, as I used to work in human resource department in Korea for 1 year so it was bit easy to approach as I am familiar with recruiting.

Spread sheets of Hays











Friday, 27 March 2015

ABOUT HAYS



ABOUT HAYS

Hays is the one of the top global recruitment consultancies and leading global experts in qualified, professional and skilled recruitment. With international offices around the world, our truly global footprint enables us to provide professional recruitment services that meet the demands of job-seekers and employers whose needs extend beyond local markets.
Hays offers a highly professional and specialised service to candidates and clients alike and is proud of the long established track record we hold with many of the world's leading institutions
Hays’ values underpin our skills, behaviours and way of doing business. These values are: Ambitious,  Passionate about people,  Expert and  Inquisitive.

INTRODUCING HAYS
Hays’ Specialist Recruitment business begins in 1969, when former CEO Denis Waxman opened the business. This business was acquired by Hays plc in 1986, the Specialist Recruitment business forming part of the diversified larger Hays Group. He led the company ever since and has the same passion and commitment until he retired after nearly 40 years with the specialist recruitment business of Hays.
Over last 45 years the company has grown. Hays now has 237 offices in 33 countries (UK & Ireland; Continental Europe & Rest of World; and Asia Pacific) and Hays employs 237 staff in 237 offices across 33 countries and 20 specialisms. It’s a powerful success story. 



Companies and organisations rely on Hays to find high quality professionals for a range of roles in accountancy and finance, Accountancy and financial services, legal, human resources, information technology, Construction& Property, Engineering& Manufacturing, and Health & Social Care. Professionals who are looking for a new role, whether it’s on a permanent, interim or contract basis, trust Hays to find them their ideal job. 


In the vast majority of the businesses Hays operate a contingent fee model that fees paid by the company when an agency introduced candidate accepts a job with the client company.






HAYS  on YouTube

I found a video about  Hays' international business. It was very interesting to see that how their recruiting experts are the power behind experts working across various sectors around the world. 






Tuesday, 17 March 2015

A little about myself



Hi all!
I am Hailey from Melbourne campus. I’m currently studying bachelor of accounting and this will be my last year.
Hope you guys are going well. Good luck with everything. Xx
Cheers.