Recruiter Hays quarterly fees jump on global hiring boom

The company forecasts its full-year operating profit to come in at  $248.75 million, from previous outlook of 210 million-215 million pounds

British recruitment agency Hays Plc on Thursday posted a 23% jump in its fourth-quarter net fees, fuelled by ramped-up hiring across markets as companies rush to fill up vacancies, Qazet.az reports.

The recruitment sector is seeing steady demand for hiring after pandemic lows. Hays - London's biggest publicly listed recruiter that primarily hires for white-collar jobs - is benefiting from this uptick.

"Fees and activity were stable at high levels through the quarter, driven by good client and candidate confidence," Chief Executive Officer Alistair Cox said in a statement.