In its upcoming report, Korn/Ferry (KFY) is predicted by Wall Street analysts to post quarterly earnings of $1.30 per share, reflecting an increase of 7.4% compared to the same period last year. Revenues are forecasted to be $702.98 million, representing a year-over-year increase of 4.2%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over ...

金砖国家青年代表聚福建 共商科技创新合作之道 编辑：付健青 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 她进一步表示，金砖国家应开展更具包容性和公平性的青年发展和数字赋能项目，推动数字技能培训和 创业辅导，鼓励年轻人开展战略对话与协作，让年轻一代共享全球创新红利，成为科创进步的重要动 力。 "越来越多企业使用人工智能面试筛选雇员，或培训员工来提升效率。"印度尼西亚拉卡民人力资源咨询 公司创始人兼首席执行官安迪卡·丹尼·普拉塞蒂亚向记者表示，人工智能正深刻改变劳动力市场结构和 工作方式，在创造就业机遇的同时也给青年求职者带来新挑战。对此，他希望金砖国家加强数字技能培 训合作，帮助年轻人适应职业岗位新需求，促进职业发展。 "中国发展青年领导力的实践为我们提供了可借鉴经验。"埃塞俄比亚青年理事会主席富阿德·杰纳·布内 表示，金砖国家应继续在金砖合作机制下深化青年合作，打造创新共同体，鼓励青年展示真才实学，引 领科技、社会变革，"未来属于青年，我们可以共同应对全球挑战，创造更加包容和可持续发展的未 来。"(完) 来源：中国新闻网 中新社厦门12月4日电 (刘梦青)12月1日至6日，2025金 ...

Core Insights - The report highlights significant changes in human resource management practices among Chinese companies over the past six years, indicating a shift from aggressive hiring and firing to a more cautious approach focused on retaining core talent [1][6]. Group 1: Employee Turnover - The employee turnover rate has remained relatively high, fluctuating between 18% and 20% over the past six years, suggesting that companies typically replace about 20% of their workforce annually [3]. - The non-voluntary turnover rate, or layoff rate, has been between 10% and 12.5%, showing a parabolic trend with peaks in 2022 and 2024, indicating a previous wave of layoffs that has since stabilized [3]. - Future layoffs are expected to become a norm but will likely remain stable rather than escalating [3]. Group 2: Recruitment Trends - Recruitment rates have been on a downward trend, decreasing from a peak of 19.6% to 15.9%, marking the largest drop in six years [4]. - The net talent inflow rate, which was positive at 2%-5% from 2020 to 2023, has dropped to 0.6% in 2024, with a negative net inflow of -2.1% for the first time, reflecting a lack of confidence in the economic recovery [5]. - The social recruitment rate, which typically constitutes about 80% of total recruitment, has also declined to 12.9%, indicating a reduced enthusiasm for hiring and a preference for cost-effective new hires [5]. Group 3: Talent Management Strategy - Companies are shifting their focus from the quantity of workforce to the quality of core talent, adopting a "small in, small out" approach during economic downturns [6]. - The emphasis on the "80/20 rule" suggests that a small percentage of employees generate the majority of value, leading to a more intensive focus on core talent management [6]. - Companies are increasingly prioritizing internal talent mobility over extensive training, becoming more selective in hiring and proactive in talent optimization [7].

Core Insights - The market conditions remain challenging for the company, but there is positive momentum in certain segments, particularly in the U.S., Middle East, and Asia markets [1][2] - The company has experienced a modest sequential improvement in group net fee performance, driven by strong extension rates, although challenges persist in its largest markets, Germany and the Netherlands [2][3] - The TIP technology improvement program is nearing completion, with 10 out of 11 markets now onboarded globally, and the rollout is expected to be completed in Q4 [3][4] - The transition to a digital-first STEM workforce consultancy is seen as a strategic move that is already yielding early signs of scalability and efficiencies [4]

Financial Data and Key Metrics Changes - Consolidated fee revenue grew 5% year over year to $709 million, marking the second consecutive quarter of positive growth [12] - Adjusted EBITDA increased by $9 million, or 8% year over year, to $120 million, with an adjusted EBITDA margin growth of 50 basis points year over year to 17% [12] - Adjusted diluted earnings per share rose by $0.13, or 11% year over year, to $1.31 [12] Business Line Data and Key Metrics Changes - Executive Search fee revenue grew 8% year over year, marking the fifth consecutive quarter of growth in this area [11] - Professional Search and Interim fee revenue increased by 10% year over year, with Professional Services per employee up 5% and Interim up 14% [11] - Digital subscription and licensed new business grew 10% year over year, contributing to 39% of total digital new business [11] Market Data and Key Metrics Changes - Fee revenue in the Americas decreased by 2% year over year, while EMEA fee revenue grew by 19% and APAC fee revenue increased by 12% [14][15] - Total company new business, excluding RPO, grew 5% year over year, with strength noted in EMEA and APAC [13] Company Strategy and Development Direction - The company is focused on a diversification strategy that enhances resilience and durability, contributing to sustained shareholder value [8] - The upcoming launch of the TalentSuite platform is expected to enhance the delivery of integrated solutions and improve client engagement [10] - The company aims to increase the proportion of digital subscriptions to over 60% in the long term [21] Management's Comments on Operating Environment and Future Outlook - The management expressed optimism about the company's trajectory despite ongoing economic uncertainties, emphasizing the importance of their integrated business strategy [9] - The outlook for the second quarter of fiscal 2026 anticipates fee revenue to range from $690 million to $710 million, with adjusted EBITDA margins expected between 17% and 17.5% [15][16] - Management noted that the current economic environment presents opportunities for strengthening client relationships and addressing complex talent challenges [9] Other Important Information - The company returned $36 million to shareholders through share repurchases and dividends, while investing $22 million in capital expenditures focused on TalentSuite and productivity tools [15] - Estimated remaining fees under existing contracts amounted to $1.67 billion, up 9% year over year, with expectations for approximately 58% to be recognized as fees within the next year [14] Q&A Session Summary Question: Key milestones for TalentSuite rollout and timeline for financial benefits - Management indicated that true benefits from TalentSuite are expected towards the end of calendar 2026, with key milestones including partnerships and training for consultants [19] Question: Long-term aspirational target for digital subscriptions - The company aims for digital subscriptions to exceed 60% of segment revenue in the long term, leveraging partnerships for growth [21] Question: Guidance for Q2 revenue and potential conservatism - Management acknowledged a conservative approach in guidance due to uncertainties in the economic backdrop [24] Question: Client feedback on economic uncertainty and job creation - Management noted optimism in the Americas but acknowledged challenges in pricing power and labor market dynamics [28] Question: Performance of Consulting new business and outlook - Management expects continued momentum in Europe and Asia for consulting solutions, while the Americas may face challenges [39] Question: Impact of AI on workforce and consulting services - Management discussed the dual impact of AI on reducing headcount and enhancing efficiency in service delivery [66][70] Question: Performance of Executive Search in North America - The Executive Search segment is benefiting from demographic shifts and changes in leadership needs post-COVID [45] Question: Opportunities in Professional Search and Interim Solutions - Management sees significant opportunities in Professional Search and Interim Solutions, particularly outside the U.S. [59]

Core Viewpoint - The article discusses the unexpected decline in U.S. private sector job growth in June, attributed to the impact of government layoffs, particularly from the Department of Government Efficiency (DOGE), which is expected to cut 288,628 federal positions this year [1][4]. Group 1: Employment Data and Trends - The ADP data for June revealed a surprising decrease of 33,000 jobs in the U.S. private sector, contrary to economists' expectations of a 100,000 increase, marking the first negative reading in over two years [1]. - The job vacancy rate in government sectors has decreased by 5% from January to April, while the application rate remains stagnant at levels seen in 2014, indicating a challenging environment for job seekers [2]. - Job applications from government employees have surged by 150%, particularly in knowledge-based roles such as data analysis and software development, as employees seek new opportunities amid fears of layoffs [2][3]. Group 2: Layoff Statistics and Industry Impact - In the second quarter of 2025, cumulative layoffs reached over 2.47 million, the highest for the same period since 2020, with a year-on-year increase of 39% [4]. - The government sector experienced a 46% month-on-month increase in layoffs in June, while the retail sector led private sector layoffs with 79,865 positions cut, a staggering 256% increase year-on-year [4]. - The technology sector has also seen significant layoffs, with 76,214 positions eliminated this year, reflecting a 27% increase, as companies face challenges due to high interest rates and reduced hiring needs post-pandemic [5].

Financial Data and Key Metrics Changes - Consolidated fee revenue for the fourth quarter was $712 million, growing 4% year over year at constant currency [15] - Adjusted EBITDA grew 8% to $121 million, with an adjusted EBITDA margin increase of 70 basis points to 17% [15] - Adjusted diluted earnings per share increased 5% to $1.32 [15] - Estimated remaining fees under existing contracts totaled approximately $1.7 billion, up 12% year over year [16] Business Line Data and Key Metrics Changes - Executive Search grew 15% year over year at constant currency, marking the fourth consecutive quarter of growth [14] - Digital subscription and license new business grew to 40% of total digital new business, up from 37% in the prior year quarter [14] - RPO (Recruitment Process Outsourcing) secured $119 million in new business awards, with 77% attributed to new logos [14] - Average hourly bill rates in consulting and interim portions remained strong at $454 and $131, respectively [14] Market Data and Key Metrics Changes - Fee revenue in The Americas was flat year over year at constant currency, with growth in Executive Search and RPO [17] - EMEA fee revenue grew 9% year over year at constant currency, driven by growth in Executive Search and Professional Search [18] - APAC fee revenue grew 8% year over year at constant currency, primarily due to growth in Executive Search and RPO [18] Company Strategy and Development Direction - The company is focused on extending its offerings and solutions, particularly in technology and AI, to drive organizational performance for clients [8][10] - The strategy emphasizes synergistic fee revenue sources, with 77% of clients purchasing two or more solutions [7] - The company aims to innovate and enhance its TalentSuite product, which is expected to create a significant impact in the market [9][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing economic challenges, including a cost of living crisis and its impact on client spending [33][34] - Despite the challenging environment, the company remains optimistic about future growth opportunities and its ability to drive performance for clients [19] - The leadership team is focused on adapting to changing market demands and the need for different leadership qualities in the current economic climate [50][51] Other Important Information - The company returned $173 million to shareholders through share repurchases and dividends in fiscal year 2025 [18] - The company invested $44 million in M&A and $62 million in capital expenditures focused on technology platforms and product enhancements [18] Q&A Session Summary Question: Insights on new business trends and revenue trends by month - Management noted that May was stronger than April, indicating a positive trend despite ongoing uncertainties [23] Question: Executive Search growth specifics - Management indicated that long-term growth has been consistent, with quarterly fluctuations expected [26] Question: Update on sales cycles and client spending behaviors - Management highlighted a cost of living crisis affecting client spending and overall economic growth [33][34] Question: Performance of consulting and digital segments - Digital business grew 4% year over year, while consulting remained flat, reflecting larger engagements taking longer to implement [41] Question: Impact of international news on business confidence - Management expressed uncertainty about the impact of geopolitical events on business confidence, emphasizing the ongoing cost of living crisis [58][59] Question: Headcount productivity and revenue generation - Management discussed the importance of monetizing intellectual property and the scalability of their offerings [73][74] Question: Changes in leadership qualities sought by boards - Management emphasized the need for leaders who can embrace ambiguity and adapt to rapid changes in the market [50][51]

Core Insights - The report by Adecco Group highlights that despite increased investments in AI, only 10% of companies are considered "future-ready," meaning they have structured strategies to support employees in adapting to AI transformations [1][3]. Group 1: AI Investment and Employee Support - Digital transformation, generative AI, and artificial intelligence are identified as the three major technological trends impacting businesses before 2030, yet most companies lack adequate employee support programs [3]. - 60% of leaders expect employees to update their skills for AI, but 34% of companies have not established policies for AI usage in the workplace [3]. - Only one-third of leaders have engaged in enhancing their own AI capabilities over the past year [3]. Group 2: Leadership and Strategic Consensus - 53% of CEOs report difficulties in reaching timely strategic consensus within their teams, with confidence in AI strategy declining by 11 percentage points from 2024 to 2025 [3]. - In 2025, 58% of leaders express confidence in their AI strategies, down from 69% in 2024 [3]. Group 3: Data and Skills Gap - The lack of investment in data to understand and bridge skill gaps is a significant barrier to digital transformation, with only 33% of companies investing in this area [3]. Group 4: Characteristics of "Future-Ready" Companies - "Future-ready" companies are defined by their structured and accountable management of AI, employee adaptability, commitment to skill development, and preparedness for rapid changes [5]. - 64% of "future-ready" organizations report improved decision-making due to AI application, compared to 49% across all companies [5]. - 71% of "future-ready" organizations are very confident in their AI implementation strategies, while this confidence is at 58% for all companies [5]. - 65% of "future-ready" organizations are adopting skills-based workforce planning, compared to 56% of all companies [5].

Group 1 - The report titled "2025 Global Leadership Forecast | China Report" analyzes the current state, challenges, and opportunities of leadership in China based on a survey of 2,568 Chinese leaders and 228 HR professionals, comparing it with global data [1][8] - Chinese CEOs are primarily concerned about economic recession and building resilient organizations in an uncertain business environment, indicating a need for improved capabilities in new technology application and talent development [1][29] - The quality of leadership in China shows an upward trend in self-evaluation by leaders, while HR evaluations have declined, highlighting a potential gap in leadership quality across different levels [1][54] Group 2 - The report identifies key challenges faced by leaders in uncertain environments, with economic uncertainty being a major concern for Chinese CEOs, who prioritize building resilient teams and organizations [1][34] - There is a significant weakness in the succession planning and development of high-potential talent within Chinese companies, with only 5% of HR professionals confident in their organization's succession strength [1][71] - The report emphasizes the importance of optimizing resource allocation for leadership development to enhance effectiveness and address the mismatch in investment across different leadership levels [1][65]