Korn Ferry's agreement to buy Hay Group for around $452 million in cash and stock nearly doubles the size of its employee base and puts the combined recruiting company into more than 50 countries ...

According to the Korn Ferry Hay Group forecast, workers across Europe are set to see an average salary increase of 2.8% in 2016 and, with inflation at 0.5%, will see real wages rise by 2.3%.