 | |
| Type | Conglomerate |
|---|---|
| Industry | Labour hire, Human Resources |
| Founder | Yoshiko Shinohara |
| Headquarters | Japan |
| Revenue | 970.57bn jpy (2020) |
| 7.61bn jpy (2020) | |
| Total equity | 351.27bn jpy (2020) |
Number of employees | ~45,180 (2020) |
| Subsidiaries | Programmed Maintenance, Skilled Group |
| Website | https://www.persol-group.co.jp/en |
Persol Holdings (rebranded from Temp Holdings) is a Japanese human resource management company, that provides labour hire services to clients.
The company was founded as 'Temp Holdings' in 1973 by Yoshiko Shinohara in her apartment. At the time, temporary staffing was an illegal form of employment in Japan, and Yoshiko was concerned that her company's illegal activities would cause her to be imprisoned. [1] The temporary staffing industry was eventually legalised and regulated in Japan through the 1985 Worker Dispatch Law. [2] [3]
Until 1988, the management of Temp holdings was exclusively female. [1]
As of 2016, the company collects revenues of US$4.5 billion. [4]
It is one of Japan's largest staffing companies, with 32,000 employees and a market cap of $5.7B as of 2017. [5]
In October 2017, it acquired the Australian labour hire company Programmed Maintenance for $778M. [6]
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts.
Foreign workers or guest workers are people who work in a country other than one of which they are a citizen. Some foreign workers use a guest worker program in a country with more preferred job prospects than in their home country. Guest workers are often either sent or invited to work outside their home country or have acquired a job before leaving their home country, whereas migrant workers often leave their home country without a specific job in prospect.
Temporary work or temporary employment refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization. Temporary employees are sometimes called "contractual", "seasonal", "interim", "casual staff", "outsourcing", "freelance"; or the words may be shortened to "temps". In some instances, temporary, highly skilled professionals refer to themselves as consultants. Increasingly, executive-level positions are also filled with interim executives or fractional executives.
Freelance, freelancer, or freelance worker, are terms commonly used for a person who is self-employed and not necessarily committed to a particular employer long-term. Freelance workers are sometimes represented by a company or a temporary agency that resells freelance labor to clients; others work independently or use professional associations or websites to get work.
A migrant worker is a person who migrates within a home country or outside it to pursue work. Migrant workers usually do not have the intention to stay permanently in the country or region in which they work.
Temp or Temps may refer to:
The labor force in Japan numbered 65.9 million people in 2010, which was 59.6% of the population of 15 years old and older, and amongst them, 62.57 million people were employed, whereas 3.34 million people were unemployed which made the unemployment rate 5.1%. The structure of Japan's labor market experienced gradual change in the late 1980s and continued this trend throughout the 1990s. The structure of the labor market is affected by: 1) shrinking population, 2) replacement of postwar baby boom generation, 3) increasing numbers of women in the labor force, and 4) workers' rising education level. Also, an increase in the number of foreign nationals in the labor force is foreseen.
Randstad NV, commonly known as Randstad and stylized as randstad, is a Dutch multinational human resource consulting firm headquartered in Diemen, Netherlands. It was founded in the Netherlands in 1960 by Gerrit Daleboudt who asked Frits Goldschmeding to join him and operates in around 39 countries. Randstad NV is listed as RAND on the AEX of Euronext Amsterdam. Founder Frits Goldschmeding is still the biggest shareholder. The company is named after the Randstad region of the Netherlands.
Contingent work, casual work, or contract work, is an employment relationship with limited job security, payment on a piece work basis, typically part-time that is considered non-permanent. Although there is less job security, freelancers often report incomes higher than their former traditional jobs.
An employment agency is an organization which matches employers to employees. In developed countries, there are multiple private businesses which act as employment agencies and a publicly funded employment agency.
Japanese labour law is the system of labour law operating in Japan.
Skilled Group is an Australian company headquartered in Melbourne, Victoria. Its core business is labour hire. It is a subsidiary of Programmed Maintenance, which is itself a subsidiary of Japanese labour hire conglomerate Persol Holdings.
In Australia, labour hire is referred to by the legal term of art labour hire arrangement, and refers to the employment practice of an employer supplying its employees to another workplace, for profit.
Unreported employment, also known as money under the table, working under the table, off the books, cash-in-the-claw, money-in-the-paw, or illicit work is illegal employment that is not reported to the government. The employer or the employee often does so for tax evasion or avoiding and violating other laws such as obtaining unemployment benefits while being employed. The working contract is made without social security costs and does typically not provide health insurance, paid parental leave, paid vacation or pension funds. It is a part of what has been called the underground economy, shadow economy, black market or the non-observed economy.
Haken is the Japanese term for temporary employees dispatched to companies by staffing agencies.
The Temporary Foreign Worker Program is a program of the Government of Canada that allows employers in Canada to hire foreign nationals. Workers brought in under the program are referred to as Temporary Foreign Workers (TFWs) and are allowed to work in positions that are not filled by Canadians. The aim was to address skill shortages and promote economic growth. Initially, the program was aimed at nurses and farm workers, but today it gives highly skilled and less skilled workers the opportunity to work in Canada.
Dispatched labor refers to an atypical employment relationship. Dispatch work agencies receive requests from businesses to have them hire and manage labor on the business' behalf. This type of labor is known as "dispatched labor". There is in fact no direct contract between dispatched laborers and the enterprise which uses the agency's services, so in this way, dispatched employment follows a triangle structure. As dispatch agencies are often highly adept in hiring and managing workforces, businesses are more than happy to use an agency to manage part of their workforce as it saves time, money, and if you are a foreign enterprise, the hassle of quickly understanding the legal workings of a local labor force.
Yoshiko Shinohara is a Japanese businesswoman. She is the founder of Persol Holdings, and is Japan's first self-made female billionaire.
Labour hire is a form of employment in which an employer directs their de jure employees to perform work at an external workplace, belonging to a client of the legal employer.
Programmed Maintenance Services Limited, also known as Programmed is a Japanese Labour hire and Recruitment company, specialising in blue-collar services. It is headquartered in Melbourne, Australia. Programmed is a wholly owned subsidiary of Persol Holdings, a human resource conglomerate headquartered in Tokyo.
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