UK Recruitment Agencies (Permanent) Market Update 2014
M2 - Mon Jul 14, 9:47AM CDT
Research and Markets (http://www.researchandmarkets.com/research/5rhmwx/recruitment) has announced the addition of the "Recruitment Agencies (Permanent) Market Update 2014" report to their offering. This Market Update revisits the permanent recruitment market in the UK, including recruitment agencies engaged in the fulfillment of permanent vacancies and executive search. Since the 2008/2009 recession, the permanent recruitment market has continued to fluctuate, with declines observed during 2009/2010 and 2011/2012, despite the market value rising by 37% in 2010/2011. More recently, the market has remained flat, although turnover still stands well below the pre-recession level of ?4.28bn registered in 2007/2008. Over the next 5 years, the UK economy is expected to strengthen and, along with it, the permanent recruitment market, which this report estimates will observe growth of 16.3% overall between 2014 and 2018. Much of this growth, however, is likely to be driven by the private sector, which will benefit from renewed business and consumer confidence in light of the strengthening economy. In contrast, however, public-sector recruitment will remain relatively flat, with public spending cuts likely to result in redundancies, while flat salary growth within the civil service and local government is expected to hinder staff retention across public-sector departments and local councils. Key Topics Covered: - Executive Summary - Market Definition - Market Size - Strengths, Weaknesses, Opportunities and Threats - Current Issues - Forecasts - Company Profiles - Adecco Uk Ltd - Alexander Mann Group Ltd - Hays Plc - Impellam Group Plc - Matchtech Group Plc - Michael Page International Plc - Nes Uk Ltd - Robert Walters Plc - Rullion Ltd - Sthree Plc For more information visit http://www.researchandmarkets.com/research/5r...ecruitment
UK Recruitment Agencies (Temporary & Contract) Market Update 2014-2018
M2 - Fri Jul 11, 5:51AM CDT
Research and Markets (http://www.researchandmarkets.com/research/wl398z/recruitment) has announced the addition of the "Recruitment Agencies (Temporary & Contract) Market Update 2014" report to their offering. Since the recession, the UK recruitment market has continued to remain challenging, with sluggish economic growth and public-sector spending cuts driving demand for staff down. However, while this has had a severe impact on demand for permanent employees, the temporary recruitment market has continued to observe growth over the past 3 years, with figures compiled by The Recruitment & Employment Confederation (REC) revealing that the market for temporary and contract recruitment increased by 21.2% between 2009 and 2013, despite growth slowing somewhat in recent years. Meanwhile, the number of temporary and contract placements witnessed a 5.6% rise during the same 5-year period. In some ways the flatlining economy has worked to the temporary and contract recruitment market's favour, with businesses opting to recruit more temporary staff in order to fill gaps in the workforce left following redundancies across permanent staff. Indeed, temporary and contract staff can often prove particularly useful to businesses by providing greater flexibility and adaptability, factors that have become increasingly important to businesses since the recession. As a result, the UK's temporary workforce has continued to increase, with recent figures compiled by the Trades Union Congress (TUC) in 2013 suggesting that there are now approximately 1.6 million temporary and contract workers as of December 2012, a figure that has increased by 230,000 since 2005. Over the next 5 years, the temporary and contract recruitment market should continue to benefit from slow but stable growth, with estimates that the market will observe a rise in value of 11.9% between 2014 and 2018. While the introduction of a new regulatory framework designed to cut down on red tape and ease the burden placed on recruitment businesses by legislation should help to drive growth within the industry, continued below-inflation wage increases and Government plans to reduce spending on temporary staff in areas of the public sector, such as the NHS, could, at the same time, put a downward pressure on market growth in the future. Key Topics Covered: - Foreword - Executive Summary - Market Definition - Market Size - Strengths, Weaknesses, Opportunities and Threats - Current Issues - Forecasts - General Economic Forecasts - Company Profiles - Adecco Uk Ltd - Cordant Group Plc - Financial Profile - Hays Plc - Impellam Group Plc - Manpower Uk Ltd - Pertemps Ltd - Staffline Group Plc For more information visit http://www.researchandmarkets.com/research/wl...ecruitment