Skilled Group

SKILLED Group (ASX: PRG) is a public Australian company headquartered in Melbourne , Victoria and listed on the Australian Stock Exchange . Its core business is labour hire . [3] The Skilled Branch Network includes approximately 150 local and regional offices across Australia, New Zealand, United Kingdom, Malta and the United Arab Emirates. It was founded in 1964 by Frank Hargrave AO. [4]

In 2006, CEO Greg Hargrave said that the company would focus on acquisitions. [5] In 2009, They Their Reduced profit forecast, [6] and Hargrave Resigned in 2010. [7]Michael McMahon Was appointed the new CEO and chairperson est devenu Vickki McFadden. [8] In 2011, Telstra trainees took the company and its subsidiary Excelior to the industrial relations court. The union said that they were not compensated for expenses during mandatory training. [9] In 2015 in a landmark case, a couple was awarded $ 720,000 after they were refused jobs for being non-union. [10] In 2012, The Sydney Morning Herald reported that Skilled had returned to profitable growth after McMahon’s reversed Hargrave’s policy of acquisition. [4] Angus McKay was hired as CEO in January 2015. [11] In October 2015, Programmed Maintenance (PRG) acquired them. [12] [13] Following the merger, McKay stepped down. [14] Between November 2015 and February 2016 the share price of PRG dropped some 68% [15] McKay stepped down. [14] Between November 2015 and February 2016 the share price of PRG dropped some 68% [15] McKay stepped down. [14] Between November 2015 and February 2016 the share price of PRG dropped some 68% [15]

Through their parent company (PRG) and subsidiaries, Skilled is the largest labor group in Australia citation needed ] .

See also

  • Labor brokering
  • Recruiter
  • recruitment
  • Temporary work

References

  1. Jump up^ “PROGRAMMED MAINTENANCE SERVICES LIMITED details”. Australian Securities Exchange . Retrieved 2015-11-04 .
  2. Jump up^ “SKILLED Number of Employees” . Macroaxis . Retrieved 21 March 2014 .
  3. Jump up^ Cratchley, Drew (2010-02-24). “Skilled Group recovery ‘will take time ‘ ” . The Sydney Morning Herald . Australian Associated Press . Retrieved 2014-07-15 .
  4. ^ Jump up to:a b Commins, Patrick (2012-02-12). “Skilled turnaround digs up yields” . The Sydney Morning Herald . Retrieved 2014-07-15 .
  5. Jump up^ Adam, Caroline (2006-08-24). “Skilled adds Tesa, seeks Catalyst for talent pool” . The Age . Retrieved 2014-07-15 .
  6. Jump up^ Yeates, Clancy (2009-12-05). “Skilled Group’s cautious forecast weakens share price” . The Sydney Morning Herald . Retrieved 2014-07-15 .
  7. Jump up^ Samandar, Lema (2010-04-29). “Skilled earnings to drop, CEO to resign” . The Sydney Morning Herald . Australian Associated Press . Retrieved 2014-07-15 .
  8. Jump up^ “Skilled appoints form Coles COO as CEO” . Australian Associated Press . 2010-10-25 . Retrieved 2014-07-15 .
  9. Jump up^ Bibby, Paul (2011-01-05). “Trainees argue for more pay to learn” . The Sydney Morning Herald . Retrieved 2014-07-15 .
  10. Jump up^ http://www.abc.net.au/news/2015-03-31/perth-couple-denied-jobs-by-oms-mua-awarded-750000-dollars/6361096
  11. Jump up^ Mason, Max (2015-01-05). “New Skilled CEO gets to work” . The Sydney Morning Herald . Retrieved 2015-11-03 .
  12. Jump up^ http://skilled.com.au/investor-centre/company-news/skilled-was-acquired-by-programmed-maintenance-services-limited/
  13. Jump up^ Evans, Simon (2015-06-24). “Skilled Group swallowed by rival Programmed Maintenance after 21 years on ASX” . The Sydney Morning Herald . Retrieved 2015-06-24 .
  14. Jump up^ Evans, Simon (2015-08-05). “Mining cuts hit hard as Skilled Group chief executive Angus McKay bows out” . The Sydney Morning Herald . Retrieved 2015-11-04 .
  15. Jump up^ http://www.asx.com.au/asx/research/company.do#!/PRG

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